1999 CPEO Brownfields List Archive

From: Jacky Grimshaw <jacky@cnt.org>
Date: Fri, 28 May 1999 15:45:45 -0700 (PDT)
Reply: cpeo-brownfields
Subject: Re: gentrification revisited....?
 
I would be interested in some leads on this as well.  There have been
legislative iniatives to hold down property taxes for existing homeowners
here in Chicago, but I am not aware of redevelopment write downs.

"M. Taylor" wrote:

> For some time there has been discussion about the plight of urban poor
> when property values rise. Brownfields redevelopment adds to that
> pressure when the real estate value is encumbered by remediation
> costs-you have to try to develop for the highest use value-to recoop
> costs. Has anyone seen this successfully resolved where the resident
> community is not forced out but is able to obtain benefits from the
> redevelopment?
>
> Michael Taylor
>
> --
> Michael B. Taylor
> Vita Nuova
> 97 Head of Meadow
> Newtown, CT 06470
> Phone: 203/270-3413
> Fax: 203/270-3422
> TaylorM@pcnet.com

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