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This paper examines the nature of the economic costs and risks involved in brownfield versus greenfield redevelopment in the Greater Toronto Area (Ontario, Canada) from a private sector perspective, and assesses the potential effectiveness of different policies and programmes designed to attenuate associated costs and risks. Through interviews, case-studies and an analysis of hypothetical development scenarios, it has been found that the perception that brownfield redevelopment is less cost-effective and entails greater risks than greenfield development, on the part of the private sector, is true for industrial projects in the province, but not for residential ones, which were found to be feasible, given the assumptions of the present study. Furthermore, the study has found that the attractiveness of residential brownfield projects can increase considerably with minor policy changes, but that promoting industrial redevelopment will require a more vigorous approach that employs a variety of environmental policy and economic development measures.

Over the past 30—40 years, urban change and deindustrialisation in advanced economies have created a legacy of vacant and derelict land that is increasingly seen as a development opportunity rather than planning problem. This paper investigates how the shared challenge of bringing such brownfield sites back into productive use has been interpreted differently in four countries: the US, Canada, Scotland and England. In each case, the particular policy environment has shaped the brownfield debate in distinctive ways, producing a different set of relations between the public and private sectors in brownfield redevelopment. Through this detailed comparison of the North American and British experience, the paper traces the maturity of policy and seeks to discover whether the main differences in understanding and tackling brownfield land can be attributed primarily to physical, cultural or institutional factors.

This study measures and compares the impact of publicly assisted brownfield redevelopment on nearby residential property values in Milwaukee and Minneapolis. It also examines the influence of land use, neighborhood characteristics, and other redevelopment factors on this impact. The research approach incorporates a hedonic method to quantify nearby property value effects at more than 100 brownfield projects, and stakeholder interviews are used to assess perceived impacts to real estate conditions. The results reveal that the spillover effect in terms of raising surrounding property values is significant in both quantity and geographic scope, as redevelopment led to a net increase of 11.4% in nearby housing prices in Milwaukee and 2.7% in Minneapolis. It also reveals that project size, value, and the amount of public funding have minor impacts on this effect; factors such as proximity to major roads, distance from rail, and higher incomes have greater positive impacts.

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