JobsOhio Helps Drive Down the Cost of Brownfield Redevelopment
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.
One of the Dayton region’s largest manufacturing companies is planning a massive expansion at one of its local facilities.
Cargill Inc., a Minnesota-based provider of food, agriculture, financial and industrial products and services, will invest $225 million to expand its integrated soybean crush and refined oils facility in Sidney.
The project will create new jobs and further enhance Cargill’s presence in the region.read more
The Montrose Group released A Rural Development White Paper: A Mandate for Transformation timed in conjunction with a forum held in Circleville, Ohio before 100 economic development, business and community leaders focused on rural economic development. A copy of the white paper can be found at https://montrosegroupllc.com/2019/10/rural-development-whitepaper-a-mandate-for-transformation/.read more
URBANA, Ohio – On November 1, students from Urbana High School were announced as the winners of the second annual Champaign County Design Challenge during the county-level competition at Urbana University. The winning team, consisting of Ron Ragland, Bryant McKenzie, Dale Mason, Bryant Chamberlain, and Johnny Moore, are part of Ohio Hi-Point’s Advanced Manufacturing satellite program at Urbana High School.read more