Emerging value of brownfields regeneration

Damigos, D; Kaliampakos, D

dc.contributor.author	Damigos, D	en
dc.contributor.author	Kaliampakos, D	en
dc.date.accessioned	2014-03-01T02:08:51Z
dc.date.available	2014-03-01T02:08:51Z
dc.date.issued	2012	en
dc.identifier.issn	17437601	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/29734
dc.subject	Brownfields redevelopment	en
dc.subject	Market values	en
dc.subject	Non-market values	en
dc.title	Emerging value of brownfields regeneration	en
heal.type	journalArticle	en
heal.identifier.primary	10.2495/SDP-V7-N2-173-185	en
heal.identifier.secondary	http://dx.doi.org/10.2495/SDP-V7-N2-173-185	en
heal.publicationDate	2012	en
heal.abstract	Nowadays, it is widely recognized that brownfields revitalization has the potential to promote sustainable growth especially in urban areas. Nevertheless, given that state and local authorities operate within an increasingly tight fiscal environment, brownfields become often of low priority, unless there exist significant human health and ecosystem threats, and remain degraded and underutilized. In order to confront this situation, it is vital for the responsible authorities to justify the necessity of redevelopment projects in 'hard', that is monetary terms. Toward this direction, not only economic but also social and environmental benefits should be monetized by means of market and non-market valuation methods. The paper presents two case studies, the redevelopment of a former metallurgical complex to a Technological and Cultural Park and the potential reuse of the former Athens International Airport as a Metropolitan Park, as a means of highlighting the emerging value of brownfields regeneration. The results indicate that both projects, when examined from a social point of view, create an economic value and contribute significantly toward sustainable development. © 2012 WIT Press.	en
heal.journalName	International Journal of Sustainable Development and Planning	en
dc.identifier.doi	10.2495/SDP-V7-N2-173-185	en
dc.identifier.volume	7	en
dc.identifier.issue	2	en
dc.identifier.spage	173	en
dc.identifier.epage	185	en