Pharma Investments, Ventures & Law Weekly
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Akerman Senterfitt
Sustainable Development Practices Provide Meaningful Benefits to Developers and Local Communities in Challenging Economic Times
February 1st, 2009
With ongoing economic uncertainty and a lagging real estate market, Brownfield redevelopment is just the latest example of a sustainable development practice that is showing measurable benefits for both local communities and developers. Virtually every major city within the United States, today, is burdened by abandoned manufacturing facilities and industrial sites that are impacted by known or perceived environmental contamination, known as Brownfields. Historically, the contamination of existing buildings and surrounding lands has spawned environmental concerns, discouraging many developers from taking on Brownfield redevelopment. The cleanup and development of...
Source: Pharma Investments, Ventures & Law Weekly (2009-02-01)
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