[CPEO-BIF] Conference of Mayors brownfields survey

[Lenny Siegel <lsiegel@cpeo.org>]

Press Release
U.S. Conference of Mayors
November 9, 2010

New Report Shows Brownfield Redevelopment in Cities Leads to More Jobs, 
Increased Tax Revenue

99 Cities Surveyed on the Merits of Recycling America's Land

WASHINGTON--(BUSINESS WIRE)--The U.S. Conference of Mayors (USCM) today 
unveiled a national brownfields report, entitled Recycling America's 
Land: A National Report on Brownfields Redevelopment (1993 – 2010). This 
new report estimates the progress 99 cities have made over the past 17 
years as it relates to the number of brownfields that have been 
redeveloped, acres of land reclaimed, new jobs that were created, and 
additional revenues that have been generated. The Conference of Mayors 
brought the issue of brownfields to the attention of Congress and the 
Administration back in 1993 and worked hand in hand with the Federal 
Government to establish a national brownfields program.

Brownfields, abandoned or underutilized properties where expansion or 
redevelopment is complicated by either real or perceived environmental 
contamination, present a major challenge to cities both large and small, 
primarily because of the lack of public and private sector resources 
that are necessary to redevelop these properties back into productive use.

This study is the ninth in a series of reports that have documented 
brownfields redevelopment by local communities throughout the United 
States and the potential revenue that could be generated. According to 
the study, fifty–four cities reported 161,880 new jobs created through 
the redevelopment of 2,118 sites with 64,730 jobs in the pre-development 
/ remediation stage and 97,150 permanent jobs. Further, fifty cities 
said that since 1993, $309 million in additional local tax revenue was 
generated from 654 redeveloped brownfield sites. Significantly, 58 
cities estimated if their brownfields were redeveloped, potential 
revenue could range from $872 million to $1.3 billion annually.


...

For the entire release, see
http://www.businesswire.com/news/home/20101109007526/en/Report-Shows-Brownfield-Redevelopment-Cities-Leads-Jobs

--


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



_______________________________________________
Brownfields mailing list
Brownfields@lists.cpeo.org
http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org