• Rockford, Ill.: Modernizing a Century–Old Community Landmark

  • RE3 Focus: Pennoni On Leading Edge of Sub-Slab Depressurization

  • Using GIS To Decipher Large-Scale Remediation Projects

  • Right Place, Right Time


Triple Bottom Line: How A Brownfield Redevelopment Project Paid Off Threefold

When a developer takes on a slab of contaminated, abandoned land, cleans it, rehabilitates it, develops it, and transforms it into a useful component of a thriving economy and community, I’d call that a success by any measure. But what exactly are the measures of that success? Can you put a number value on environmental restoration by the acre? How do you quantify the community growth generated by redeveloping and making useful a piece of abandoned real estate? Any evaluation of those measures are inherently subjective, so it’s difficult if not impossible to measure them or compare them in any meaningful sense. But at my firm, Community Capital Management, we’ve found one measure of success that’s easy to track by translating social and environmental impact into financial benefit through investments like the one we made in Cuyahoga County. The project, spearheaded by the Cuyahoga County Brownfield Redevelopment Fund, targeted a…Log In to Read Full Article

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