What are the Opportunities of Brownfields?
Across Canada, people are finding innovative ways to encourage brownfield redevelopment, because such projects bring sustainable returns in the form of increased sales, new employment and higher property values, which benefit communities, plus the increased tax revenues. The economic spin-offs from redevelopment of brownfield properties make a compelling business case for communities and all three levels of government. Brownfield redevelopment is truly sustainable, as it brings “triple bottom line” benefits by revitalizing the environment, the economy and the community. It creates opportunities for business and employment; contamination is cleaned-up; people’s fears, and the stigma that results, are reduced; and neighbourhoods become more liveable and beautiful.
