Turning regional liabilities into assets

Leigh Morris

Northwest Indiana has been blessed with a rich industrial history, and as a result, many parcels of land that were once assets have turned out to be liabilities that we know as brownfields.

A brownfield is a property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. Although there is not a complete inventory of such sites in our regions, there are hundreds if not thousands of them. They were once productive assets, contributing to regional vitality by supporting employment, and generating tax revenue. Today they are liabilities. They are mostly abandoned, unused, environmentally challenged and detracting from regional vitality.

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