Economic Development Futures Journal

Monday, January 17, 2005

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Seattle Looks to Brownfield Redevelopment

This clip says it all: "The shortage of developable land and continuing urban sprawl is an increasingly critical problem shared by both the private and public sectors. Adaptive reuse of our nation's inner-city brownfields offers incredible opportunities to reverse this trend. They can serve as a sorely needed source of underutilized, close-in land for housing -- and as a practical way to clean up our environment -- while providing robust risk-adjusted returns on real estate." Source: BizJournal Seattle.

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