What are the benefits of brownfield redevelopment?

Property owners, businesses and developers who cleanup and reuse brownfields provide benefits to themselves and their communities, including:

  • Removing unknowns regarding site conditions that might hold up a sale or redevelopment.
  • Increasing return from the property by making it more valuable and marketable.
  • Contributing to economic prosperity and environmental restoration in the community.
  • Making neighborhoods safer and healthier.
  • Avoiding actions by regulatory agencies that may impose penalties and costly cleanups.
  • Reducing the potential that adjacent properties could be impacting their property (and vice versa).

Show All Answers

1. What is a brownfield?
2. What are the benefits of brownfield redevelopment?
3. What will grant funds be used for?