[CPEO-BIF] Brownfield Deal-Making in Connecticut

[Lenny Siegel <lsiegel@cpeo.org>]

Land Use: Wanted: A Brownfield Redevelopment Program That Works

Successful projects can spur further community development

By ELIZABETH BARTON
Connecticut Law Tribune
April 11, 2011

The economic downturn, and now the economic recovery, remind us of  
the undeniable and yet ultimately desirable link between a robust  
real estate market and success in returning Connecticut’s brownfields  
to productive reuse. Brownfields are properties that are  
underutilized, at least in part because of the presence or potential  
presence of contamination typically due to on-site historical  
activities.

There is no shortage of brownfields, large and small, in Connecticut.  
To get at least its fair share of a revitalized real estate market,  
now is the time for Connecticut to better its position to assure the  
readiness of these properties and the availability of an expanding  
universe of motivated buyers, sellers and developers. With this share  
of the market will come jobs, tax revenues and the more intangible,  
but still valuable, contribution to an overall positive outlook for  
Connecticut. But Connecticut must prioritize and focus.


...

For the entire column, see
http://www.ctlawtribune.com/getarticle.aspx?ID=40146

--

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

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