Brownfields Revitalization: It’s All About Choices

This paper describes how the towns and cities that make up the Lower Naugatuck Valley (“the Valley”) in New England have almost made a complete circle back to the rivers and sites along those rivers that once created and supported great wealth and thriving communities. In order to realize the benefits of revitalizing these areas, economic developers and municipal officials need to focus on the factors that contributed to past successes and appreciate how economies were driven by the factories and mills that dotted the Lower Naugatuck Valley in order to realize the benefits of revitalizing these areas. It is important for taxpayers to understand the critical role these industries played, and can play, in helping to increase the tax base. Allowing these sites to remain will further contribute to the problems already facing these communities. Municipal officials need to feel comfortable in spending taxpayer dollars on sites that, at first glance, seem to offer little hope. This paper explores methods of reviving brownfield sites through a summary of available direct and indirect funding options and creative solutions for municipalities. It is important to understand that the revitalization and restoration of these sites is cyclical and essential to the resurgence of a community’s economic growth and prosperity.

• Record URL:
  http://library.witpress.com/pages/PaperInfo.asp?PaperID=18616
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/9781845641054
• Corporate Authors:

  WIT Press

  Computational Mechanics, 25 Bridge Street
  Billerica, MA  United States  01821
• Authors:
  • OMalley, S
• Conference:
  • Fourth International Conference on Prevention, Assessment, Rehabilitation and Development of Brownfield Sites
  • Location: Cephalonia , Greece
  • Date: 2008-5-6 to 2008-5-8
• Publication Date: 2008

Language

• English

Media Info

• Media Type: Print
• Features: References;
• Pagination: pp 25-31
• Monograph Title: Brownfields Sites IV. Prevention, Assessment, Rehabilitation and Development of Brownfield Sites

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Economic development; Financial analysis; Financing; Redevelopment; Revenues
• Uncontrolled Terms: Revitalization
• Geographic Terms: New England
• Subject Areas: Economics; Finance; Highways; Society; I10: Economics and Administration;

Filing Info

• Accession Number: 01110032
• Record Type: Publication
• ISBN: 9781845641054
• Files: TRIS
• Created Date: Aug 31 2008 8:11AM