Thursday, November 1, 2007

Brownfield Professionals Report Increased Pace of Redevelopment

October 31, 2007 - A survey conducted by Environmental Data Resources, Inc. (EDR) indicates that 52% of environmental and government professionals involved in brownfield projects are seeing an increase in the pace of redevelopment activity. Another 47% of respondents view brownfield activity as stable, while none of the respondents indicated any slowdown in redevelopment.

The EDR survey was directed to professionals with significant experience in the brownfield industry. Ninety-five percent of respondents work for an organization currently involved in at least one brownfield project, including more than 50% that are involved with more than 10 brownfield projects. The survey respondents included environmental consultants and government representatives attending “The Big Deal” National Brownfield Association 2007 event in Chicago on October 16-17, 2007.

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