Technology selection in brownfields redevelopment

Sustainable redevelopment of contaminated "brownfields" properties offers many economic and social benefits. However, due to the uncertainties of potential clean up cost, the practicality of available technologies, time constraints, community concerns, as well as additional costs associated with development of brownfields sites, many developers forgo brownfields development. These same uncertainties cause lending institutions to hesitate when making loans for development of projects proposed for contaminated sites. The goal of this paper is to provide a general decision making model that can be utilized in the technology selection for decision makers on proposed brownfields site clean ups.

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