Sponsorship

Contact Charles Colley for more information about sponsorship opportunities:

224-567-6790 (Main)
224-848-4251 (Fax)
Email Charles

Brownfield Definition

U.S. EPA defines brownfields as 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. Definitions may vary by country, state or province.

• No one knows exactly how many brownfields there are; estimates range from 400,000 to more than a million in the United States alone.
• As much as $2 trillion of real estate may be undervalued due to the presence of contamination.
• Between 5,000 and 10,000 people make their livelihood in the brownfield market.
• Environmental hazards are estimated to be present at 20-50% of all industrial real estate properties.