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reuse of Superfund sites, brownfields, and other locally undesirable land uses (LULUs). By making a neighborhood more … attractive, cleanup and reuse of LULUs may drive up local real estate prices. Renters in the neighborhood would have to pay … gentrification, if any, following cleanup and reuse of LULUs has not been solidly confirmed in the empirical literature. This paper …
Persistent link: https://www.econbiz.de/10008587630
The well documented existence of hundreds of thousands of contaminated properties is a major environmental problem in the United States. Recently, there has been a lot of discussion in the academic literature and political arena about the benefits of the redevelopment of contaminated sites....
Persistent link: https://www.econbiz.de/10008587695
Using the hedonic pricing approach, we investigate how the information released on public registries of contaminated and potentially contaminated sites affects nearby commercial and industrial properties in Baltimore, Maryland. We find that commercial and industrial properties are virtually...
Persistent link: https://www.econbiz.de/10010312280
State Voluntary Cleanup Programs (VCPs) were established starting in the 1990s to encourage the environmental remediation and redevelopment of contaminated properties. These programs typically offer liability relief, subsidies and other regulatory incentives in exchange for site cleanup. This...
Persistent link: https://www.econbiz.de/10010312446
reuse of brownfields. Policies that encourage cleanup and re-use of brownfields offer real estate developers reductions in … for regeneration of brownfields. We use conjoint choice experiments - a stated preference approach - to assess the …
Persistent link: https://www.econbiz.de/10011325036
comparison of brownfields and greenfields belong to them. Note that the importance of these themes is given by their close … relationship to sustainable development principles. Generally, location characteristics of brownfields are regarded as worse than … contribute to the discussion on the location characteristics of brownfields, redeveloped sites and greenfields. We chose the …
Persistent link: https://www.econbiz.de/10011400111
Policy has increasingly shifted towards economic incentives and liability attenuation for promoting cleanup and redevelopment of contaminated sites, but little is known about the effectiveness of such policies. An example of such legislation is State Voluntary Cleanup Programs (VCPs), which were...
Persistent link: https://www.econbiz.de/10010279396
financing the redevelopment of former industrial sites, known as brownfields. Increasing demand for vacant urban land, high … through their lending, investing, and service activities-including investments and loans to brownfields. …
Persistent link: https://www.econbiz.de/10005519280
Persistent link: https://www.econbiz.de/10005526087
Brownfields programmes provide environmental justice to distressed communities by applying private sector remediation … and real estate expertise to abandoned and contaminated properties. This study examines how brownfields developers and … brownfields decision making. Analysis of case study data from brownfields sites in four US cities shows that developers and non …
Persistent link: https://www.econbiz.de/10005484411