Sustainable Development: What Does It Really Mean?Sustainable: 1: capable of being sustained 2a: of, relating to, or being a method of harvesting or using a resource so that the resource is not depleted or permanently damaged <sustainable techniques> <sustainable agriculture> b: of or relating to a lifestyle involving the use of sustainable methods <sustainable society> (Merriam-Webster's Online Dictionary) Sustainable Development: "Development that meets the needs of the present without compromising the ability of future generations to meet their own needs." (The Report of the Brundtland Commission, "Our Common Future," 1987) If you're a brownfielder and a reader of this publication, you have probably seen at least one of these two definitions in this magazine. If so, forgive me for rehashing old ground. But since so many new people are coming into the brownfield market or just beginning to see how sustainable development has become the latest craze in our market, you should at least have the…Log In to Read Full Article
Brownfield Redevelopment Incentives: A Thing of the Past?
There are many reasons why I continue to think about WALL-E, the sublime, dreamy movie from Pixar, a week after having seen it, not the least of which is because it’s the first brownfields love story ever told on screen. More relevant though is the timely message for those of… Read more
HUD, Green Affordable Housing, and Brownfield Redevelopment
In terms of funding, if not actual policy development, HUD’s three major program areas have been very active players in the brownfield arena. The CPD (Office of Community Planning and Development) third of HUD, for instance, in FY ’06 spent over $331 million on property acquisition (including $7.4 million specifically… Read more
Amendments to New York State Brownfield Cleanup Act
Amendments to the New York State Brownfield Cleanup Act (BCA) fall well short of what both supporters and critics of the law had hoped at the beginning of the legislative session. The BCA, while having many favorable features, has been hobbled from the outset by a tax credit scheme that… Read more