Skip to Content
Federal Reserve Bank of Chicago
  • About Us
  • Contact Us
  • Newsroom
  • Museum
  • Careers
  • Banking
  • Research
  • Markets
  • Publications
    • Periodicals
    • Data Releases
    • Speeches
  • Events
  • Education
  • People
  • Region
Brownfield Redevelopment and Urban Economies
  • Share
  • Print
    • Text Size
    • Smaller
    • Larger
cfl cover
On This Page
May 1995, No. 93
  • Download Entire Publication
Last Updated: 04/13/1995

Brownfield Redevelopment and Urban Economies

David Allardice , Rick Mattoon, William Testa

Economic development policymakers are energetically devising strategies to return idle or abandoned industrial sites — so-called brownfields-to productive use. The most ardent proponents expect the benefits to be twofold. First, they believe brownfield redevelopment can help attract jobs back to the central cities, where unemployment runs high and where some popular notions of justice suggest that the wealth-generating activities of the past should not be a costly legacy to the nation's urban poor. Second, many argue that urban-oriented brownfield redevelopment policies are needed to offset the current biases toward greenfield development that tend to produce urban sprawl. Pristine greenfields are often cheaper to develop, but the regionwide effects of such development may be less beneficial as congestion, environmental degradation, and other growth-related problems can accompany spurts of development on the urban fringe.

Subscribe Now

Register to receive email alerts when new issues are published.

Subscribe
More by this Author

David Allardice

  • Bidding for Business
  • State and Local Government Deposits in the District: Laws and Deposit Allocation

Rick Mattoon

  • State and Local Business Taxation: Is There a Better Way? (Special Issue)
  • Can Higher Education Foster Economic Growth?

William Testa

  • Slow work force growth: A challenge for the Midwest?
  • Unemployment Insurance: Countercyclical or Counterproductive?
Related Topics
  • Index Shows Midwest Growth Picked Up Slightly in October
  • Maintaining and Financing Infrastructure in Tough Budgetary Times (Midwest Infrastructure Issue)
  • Industrialization in hog production: Implications for Midwest agriculture
  • Lean Manufacturing: Understanding a New Manufacturing System
View All

Follow Us:

FaceBook RSS Twitter YouTube
  • About Us
  • Contact Us
  • Newsroom
  • Subscribe
  • Tours
  • Careers
Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322
Copyright © 2012. All rights reserved. Please review our
  • Privacy Policy
  • Legal Notices