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This study examines the role that land contamination plays in hindering central city redevelopment. The author tracked all sales and selling prices and the presence of contamination in one industrial area of about 5,580 acres in southwest Baltimore. The results indicate that after the mid-1990s,...
Persistent link: https://www.econbiz.de/10010770014
This article explores the impact of a brownfield redevelopment initiative in the state of Michigan. Although such programs are often perceived as having a positive impact, there is remarkably little evidence beyond anecdotal examples to support such claims. The reported analysis is based on a...
Persistent link: https://www.econbiz.de/10009004417
In this research, the authors identify and assess economic and environmental criteria useful for analyzing local government brownfield programs. Based on their results, the authors suggest that property values, private investment, public investment, and grant funding are common constituents of...
Persistent link: https://www.econbiz.de/10011138074