The Impact of Contamination on the Canton/ Southeast Baltimore Land Market

The role of liability, regulation and economic incentives in brownfield remediation and redevelopment: evidence from surveys of developers

“…While many observers believe contamination stigma to exist, some recent empirical studies (e.g., Urban Institute et al, 1997) refute this notion. Others (Howland, 2000) argue that the market adjusts to contamination stigma by lowering the price of contaminated parcels, so that market activity is not deterred. We wish to test the null hypothesis (Hypothesis II) that there is no contamination stigma.…”

Redeveloping Derelict and Underused Historic City Areas: Evidence from a Survey of Real Estate Developers

“…Economic inducements and regulatory and liability relief have indeed been advocated as potentially effective for stimulating cleanup and redevelopment of brownfields (Bartsch et al, 1996;DeSousa, 2004;Howland, 2000Howland, , 2004Yount and Meyer, 1999). The empirical literature assessing the effectiveness of these instruments is limited and the evidence is mixed.…”

Reuse Choice, Flood Risk and Resilience, and Characteristics of Counties with Brownfield Cleanups

“…Drawing on decades of remediation experience at the state, tribal, and federal level, brownfield cleanup takes a risk-based approach-meaning that the cleanup goals are based on anticipated exposure risks to human health and the environment-informed by the plan for subsequent reuse [34][35][36][37][38][39]. As with other developments, successful reuse has been associated with brownfield site size and location, incentives for developers, community support and integration of reuse with neighborhood plans, whereas conflicting land uses and unimproved infrastructure impede redevelopment efforts [31,35,39]. Research on the effect of cleanup on property values nationally showed a 5.0-11.5% average increase in property values within 5.0 kilometers of a brownfield cleanup while local studies found housing price increases of 2.7% in Minneapolis and 11.4% in Milwaukee [40,41].…”

“…The revitalization of brownfields through cleanup and reuse has been and will continue to be advanced and accelerated by research that seeks: (1) to better understand developer and other stakeholder perspectives and the barriers to investment; (2) understand impacts on local government and communities; and, (3) to identify effective and appropriate incentives for brownfield redevelopment [26,[28][29][30][31][32][33][34][35]. Drawing on decades of remediation experience at the state, tribal, and federal level, brownfield cleanup takes a risk-based approach-meaning that the cleanup goals are based on anticipated exposure risks to human health and the environment-informed by the plan for subsequent reuse [34][35][36][37][38][39].…”