JobsOhio Helps Drive Down the Cost of Brownfield Redevelopment
Nate Green.
The Montrose Group.
Infill and urban development is becoming increasingly popular as the Millennial generation choses to live and work in walkable, new urbanist communities. Despite that trend, a greenfield site is much easier to sell and less costly to develop than a brownfield-infill site.
A greenfield site with all the infrastructure in place may sell for $45,000 an acre while a competing brownfield site may need to sell for twice that much to cover the considerable costs of environmental assessment and remediation and demolition. In many instances a public-sector partner is needed to help drive down the costs of the brownfield site to make it compatible cost-wise with a greenfield site.
Click HERE to learn more about JobsOhio programs that help drive down the cost of brownfield redevelopment.
I 70 / 75 Economic Development Summit on May 30
The I 70 / 75 Economic Development Summit on May 30 will feature Heather E. McGowan is an internationally known speaker, writer, and advisor. McGowan prepares leaders to most-effectively react to rapid and disruptive changes in education, work, and society. As a Future of Work Strategist, Heather has worked with diverse teams to address these challenges.
read moreAkron SBDC Advisors Earn National Certification
Two advisors at the Ohio Small Business Development Center (SBDC) at the Summit Medina Business Alliance Inc. have received prestigious professional certifications after undergoing training through the National Development Council.
read moreOEDI Site Selection/Side Development Course next up May 9-10
Students in the course have rated the course very highly. “Some great real world examples” “this was a great course. I learned a lot, not only about course content, but real life examples too.”
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