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Redevelopment Economics
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Redevelopment Economics chosen for economic/fiscal/ environmental impact analysis of state tax brownfields tax credit program
Redevelopment Economics teaming with The Ferguson Group and Gannett-Flemming to assist New York City with identifying and accessing brownfields financing resources.
Redevelopment Economics teaming with Stromberg/Garrigan & Associates, Inc on Ranson, WV Brownfields Areawide Plan
CHP and Brownfields - Redevelopment Economics teaming with Pace University Energy and Climate Center and Northeast-Midwest Institute to analyze potential tie-ins
Redevelopment Economics part of Maul-Foster team, chosen by the Washington State Department of Ecology to re-energize and improve Washington's brownfields programs
Redevelopment Economics produces a Cost-Benefit Analysis for TIGER Infrastructure Improvements for Westport Waterfront
Redevelopment Economics retained by the City of Rochester to analyze the feasibility of using tax increment financing as the primary gap-closer for three redevelopment projects |
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This newsletter tracks congressional brownfields issues, emerging trends in brownfields redevelopment, smart growth, and urban redevelopment policy and research. Evans Paull, Executive Director of the National Brownfields Coalition and Principal of the consulting business Redevelopment Economics, is responsible for content.
The Goldstein Brownfields Group is a platinum sponsor of the National Brownfields Coalition.
Click here for Michael Goldstein's bio. For information about becoming a sponsor of the Coalition, click here.
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Budget Continuing Resolution Restores Most Brownfields Funding
The Continuing Resolution adopted by Congress on December 17 restores EPA Brownfields funding to near their historic level. The three brownfields programs were funded at:
- $95 million for section 104 (k) brownfield project grants
- $49.4 million in grants to the states
- $23.7 million for EPA to administer the program
The $95 million for the 104(k) program is an increase of $35 million relative to the House appropriations bill, and also represents a $5 million boost over the Senate Interior Sub-committee recommendation. Relative to FY 11, the program was cut 2.8% - see this chart of historic funding levels.
National Brownfields Coalition has been leading a campaign to support higher EPA Brownfields appropriations. At least nineteen of the twenty-six Interior and Environment Appropriations sub-committee members (House and Senate) heard from constituent communities that regard the EPA Program as essential. Oregon's Governor Kitzhaber also weighed in to support the program - see this letter.
The Brownfields Leadership Circle supports the Coalition's work with Congress.
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Combined Heat and Power Synergies with Brownfields and Economic Development
The Northeast-Midwest Congressional Coalition hosted a Congressional hill briefing on "Combined Heat and Power (CHP) as an Economic Development Tool" on December 13, 2012. Presentations tied together a common theme that CHP and district energy are far better matches with urban redevelopment than solar or wind. Presentations included:
The project has been funded by the New York State Energy Research and Development Authority. Note one of the case studies cited, "the Plant" in Chicago, was recently featured on NPR.
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Washington State Considers Brownfields Overhaul
Last month this newsletter summarized the ambitious proposals to overhaul the Washington State brownfields program, but some of the links did not work. Here are:
Redevelopment Economics was part of the Maul-Foster Team that produced the report.
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New York's Area-wide Planning as a Model
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ULI Real Estate Review Sees Cities Undertaking Transformational Park/ Greening Projects
ULI's annual end-of-the-year real estate analysis is out (What's Next? Real Estate in the New Economy"), reflecting on trends affecting the real estate industry. One interesting trend: cities leveraging green: "Manhattan's High Line park, built on top of an elevated railway trestle, drew 2 million visitors in 2010, created $2 billion in private investment on adjacent sites... Cities around the country are... transforming vacant rail or highway areas into beautiful parkland that spurs economic development. Philadelphia is considering turning the century-old Reading Viaduct into an elevated park... Downtown Birmingham's... Railroad Park, (and similar projects in) Dallas, Atlanta, and Seattle... (represent) large-scale transformational green-space projects that will dramatically affect urban land use patterns."
This newsletter put out a special issue on "Parks and Green Infrastructure" in March, 2011. |
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Quick Hits
- EPA OSWER blog question: "How can EPA's brownfield resources be better aligned with private resources to enable a successful brownfield project?" Respond here.
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New Partners for Smart Growth Conference
Brownfields and Preservation Financing Come Together
The annual New Partners for Smart Growth Conference will be in San Diego, Feb 2-4. Brownfields and preservation financing will come together in a workshop co-led by Evans Paull, Redevelopment Economics, and Renee Kuhlman, National Trust for Historic Preservation. Register here. |
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Did You Miss our Last Newsletter?
November, 2011 - lead article: Washington State Considers Brownfields Overhaul; Tennessee Adopts Sales Tax TIF for Brownfields.
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Evans Paull
Executive Director, National Brownfields Coalition, and Principal, Redevelopment Economics
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