[CPEO-BIF] survey finds BF development on the rise

["Hersh, Robert" <hersh@WPI.EDU>]

Survey Finds Increased Financial Interest in Contaminated Property
Redevelopment

RISMEDIA, April 18, 2007-Redevelopment is on the rise at environmentally
contaminated properties and Brownfields across the nation, according to
survey results of environmental consultants, environmental attorneys and
bankers released by Environmental Data Resources, Inc. (EDR).

The survey of more than 200 of the most influential environmental
professionals from across the country who attended the Contaminated Property
Transactions Conference in the nation's capital said their work with
Brownfields has dramatically increased over the past year, due to the
increased value being placed on redeveloped properties and an increased focus
on corporate social responsibility.

"We have been providing critical environmental data to an unprecedented
number of corporations and municipalities that are redeveloping and divesting
their Brownfields sites," said Jon Walker, managing director of EDR's
Corporate, Legal and Government Services. "These companies appear to be
prospering through identifying and proactively managing these once ignored,
but now highly valuable properties."

Nearly all of the professionals who were surveyed throughout the conference
said their work with Brownfields has increased over the last year, and said
it was a trend they believe will continue to grow.

For the entire article, see:

<<http://www.rismedia.com/wp/2007-04-18/survey-finds-increased-financial-inte
rest-in-contaminated-property-redevelopment/>>


Bob Hersh
CPEO
_______________________________________________
Brownfields mailing list
Brownfields@list.cpeo.org
http://www.cpeo.org/mailman/listinfo/brownfields