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Lessons from Private Sector Brownfield Redevelopers
Municipal brown field redevelopment efforts have tended to assume that the sites involved were economically non-competitive. They have thus focused on public acquisition of contaminated property and direct incentives to specific on-site activities. The emergence of a growing number of entrepreneurial firms that redevelop brownfields-often with minimal public involvement-suggests limits to the efficacy of this approach for large and very “dirty” sites that continue to stand abandoned to the frustration of local planners and economic developers. New approaches to public support for such regeneration may be suggested by closer examination of the private brownfield entrepreneurs. This article reports the results of a survey of these developers, suggesting that planners can contribute to more efficient use of public economic development resources by recognizing when public intervention really contributes to, and when it may inadvertently detract from, the attractiveness of sites a community wants to see regenerated.
Lessons from Private Sector Brownfield Redevelopers
Municipal brown field redevelopment efforts have tended to assume that the sites involved were economically non-competitive. They have thus focused on public acquisition of contaminated property and direct incentives to specific on-site activities. The emergence of a growing number of entrepreneurial firms that redevelop brownfields-often with minimal public involvement-suggests limits to the efficacy of this approach for large and very “dirty” sites that continue to stand abandoned to the frustration of local planners and economic developers. New approaches to public support for such regeneration may be suggested by closer examination of the private brownfield entrepreneurs. This article reports the results of a survey of these developers, suggesting that planners can contribute to more efficient use of public economic development resources by recognizing when public intervention really contributes to, and when it may inadvertently detract from, the attractiveness of sites a community wants to see regenerated.
Lessons from Private Sector Brownfield Redevelopers
Meyer, Peter B. (author) / Lyons, Thomas S. (author)
Journal of the American Planning Association ; 66 ; 46-57
2000-03-31
12 pages
Article (Journal)
Electronic Resource
Unknown
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