Is The Chicago O'Hare Corridor Ready for Takeoff?Photo courtesy of Ken Lund/Flickr People—particularly millennials—are a mercurial lot. They'll tell you that living and working in an urban setting is now en vogue—until it's not en vogue anymore. They'll switch their allegiances to the suburbs or exurbs, where the air is fresher and the mind can function more clearly. So what's the trend these days? Is it the city—or green acres? Companies are indeed moving into the urban setting in metro areas like Chicago, Philly, Houston and New York. And, their employees are not only on board with the migration, but they take it one step further: The employees opt to double down: work but also live in the metro area. And find their recreational outlets there too, all within a cohesive triumvirate defined by live-work-play. One linchpin to drive this plan is, well, not having the need to drive. Thanks to a multitude of transportation options in…Log In to Read Full Article
Writing for Dollars: Winning Grants for Redevelopment
Securing brownfields redevelopment funding through the U.S. EPA involves a competitive process that requires submitting a grant proposal. The proposal must detail the type of grant sought, the work proposed, the additional funding that could be secured to guarantee completion, how the work will be implemented to safe guard effective… Read more
Oregon Land Bank Is Branching Out in 2016
As in many states throughout the country, the redevelopment of contaminated real property in Oregon’s urban, suburban, and rural communities is a problem. In the Portland metropolitan region alone, there are approximately 2,300 brownfield properties, covering approximately 6,300 acres that represent almost 7% of all commercial/business properties within the Metro… Read more
Brownfield Redevelopment: Problem or Profit?
According to the N BAs (N BA), there are approximately 500,000 and probably more than 1,000,000 brownfield sites in the United States alone, representing 2.5 to 5 million acres. They further estimate that environmental hazards are present in 20 to 50 percent of all existing industrial real estate properties, devaluing… Read more