Benefits of Using Brownfield Sites for Development

The benefits of using brownfield sites for redevelopment are many and potentially extremely profitable. It is not a question of whether or not these properties will be able to be used for housing but rather what they will be used for: whether it will be affordable housing, low income housing, mixed income housing or for commercial purposes. The problem is that all cities are not the same and even in a relatively similar location there are usually differences in the quality of the land, access to utilities and the costs…