All-Society Economic Benefits Through Usage of Brownfield

Abstract

The investor, the designer, and the Building authority are subjects who decide about placing new buildings. There are two possibilities of placing: either on a greenfield or on so-called brownfield.Terms like sustainable development, spatial planning, brownfield, and greenfield are related to this topic. The possibilities of revitalization of brownfields are also discussed. For an objective judgment of possible usage of the brownfield for the investor, it is necessary to use all the possible methods of decision especially model 3E. To choose a locality and to think through all the positive as well as negative impacts of planned building on a brownfield, it is useful to create a mind map as scheme of possible impacts and to define criteria for all the major subjects involved in the building construction. KeywordsBrownfield, sustainable development, revitalization, economic effectiveness, positive and negative impacts. JEL ClassificationQ01, O18, O21.