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Redeveloped Brownfields' Real Estate Potential

Published Thursday, March 01, 2001

In taking on a Brownfields, any developer has the same objective: To reposition the property in the appropriate real estate market so that it can be sold and/or redeveloped while controlling cleanup costs and improving socioeconomic health. The site's environmental condition will play a large role in the eventual outcome. Nevertheless, there are some common criteria that can be applied to cleanup and redevelopment. Following are key questions and answers to help identify the physical, market and environmental conditions that affect the use, layout and feasibility of redeveloping a specific site to its highest and best use. ...

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