JobsOhio Helps Drive Down the Cost of Brownfield Redevelopment

Aug 15, 2017 | News, Newsletter |

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.

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Jennifer Syx, inSITE President, Named One of NSME’s “Achievement in Excellence” Award Recipients

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2018 Ohio Export Internship Program

The Ohio Export Internship Program, a partnership between the Ohio Development Services Agency, Cleveland State University, The Ohio State University, and Youngstown State University, will match college students, who have taken export-focused coursework, to Ohio companies looking to pursue export opportunities. Half of the intern wages will be reimbursed, up to $3,600.

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