Brownfield Redevelopment versus Greenfield Development: A Private Sector Perspective on the Costs and Risks Associated with Brownfield Redevelopment in the Greater Toronto Area

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Brownfield Development: A Comparison of North American and British Approaches (2010, background): “…reveals that private sector stakeholders are motivated primarily by economic factors such as maximizing return on investment, divesting liability risks/costs, acting on the growing popularity of downtown urban locations, and taking advantage of devalued brownfield property costs (De Sousa 2000).”