What is a Brownfield?

What is a Brownfield?

Brownfield: noun

Real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. (Source: United States Environmental Protection Agency web site)

Brownfield sites may have real or perceived contamination that makes the redevelopment or expansion of the site undesirable by potential developers.

Besides conventional brownfield sites, the Iron Range has the additional challenge of having mining areas that have the perception of being cost prohibitive to redevelop.

In order to prepare a site to become attractive to developers, both the real and perceived challenges of redevelopment have to be addressed.

Environmental assessment, investigation and cleanup of brownfield sites results in legal protections and business decisions criteria for owners, lenders and developers, as well as assuring that site conditions are appropriate for the planned property use.