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brownfield:

a real estate site that has been developed and used, but now abandoned.

Typically brownfields are commercial and industrial real estate sites that draw little or no attention from prospects because they are fraught with environmental problems and/or safety concerns. For example, enterprise developers avoid taking an interest in properties damaged by pollution and contamination or site used for dumping of hazardous waste.

An article online from another source, www.dgslaw.com, defines a brownfield as an area of real estate for which redevelopment or reuse may be complicated by the presence or potential presence of a hazardous substance, waste, pollutant or contaminant (source of quote). Search the Web for more about brownfields.

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related: rust belt; site selection; enterprise and economic development

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FYI: definition of brownfield site define brownfield what are brownfields what is brownfield redevelopment define brownfield real property define brownfield land define brownfield site what are brownfield sites explain brownfield vs greyfield what is brownfield versus greyfield definition of brownfields at the end of economic development cycles and considered built out

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Economic Development Services, Inc. / copyrights and all rights reserved / 03/03/2013