The Brownfields Phenomenon: Much Ado about Something or the Timing of the Shrewd?
AbstractThis paper provides an overview of the cleanup and redevelopment of contaminated properties known as “brownfields.” It has three principal parts. First, we introduce the brownfields phenomenon and its drivers, drawing on the body of available empirical evidence to discuss characteristics of individual brownfield redevelopment projects. Second, we present findings from a recent study we have conducted that examines the relative attractiveness to private developers of public interventions to promote brownfields redevelopment. Third, we briefly summarize some of the problems with brownfields development and policy and propose an approach to promote wider societal benefits of brownfields development. We conclude with several broad questions about brownfields policy and practice.
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Bibliographic InfoPaper provided by Resources For the Future in its series Discussion Papers with number dp-04-46.
Date of creation: 24 Nov 2004
Date of revision:
brownfields; contamination; economic development; infill;
Find related papers by JEL classification:
- Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
- Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-01-24 (All new papers)
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