Laserfiche WebLink
Encouraging redevelopment and infill development across the region <br />Development on undeveloped or agricultural land—greenfield development —traditionally costs <br />developers or builders less because the costs of demolition or pollution remediation are <br />minimal. However, development on greenfields often has higher long-term public costs <br />because it requires extending regional infrastructure to new areas. On the other hand, infill <br />development and redevelopment require less new regional infrastructure but can cost more for <br />the developer upfront, both in the direct costs of demolition and pollution remediation as well as <br />the increased complexity of integrating a project into existing neighborhoods. Over the long- <br />term, proportionately more infill development and redevelopment compared to greenfield <br />development will result in a denser, more compact region, minimizing the loss of agricultural <br />land, reducing travel distances and enhancing the ability of the region to support transit. <br />Redevelopment projects may require direct public subsidy or indirect support through specific <br />infrastructure investments. Because healthy, thriving regions need both a strong periphery and <br />a strong core, the Council will work to encourage redevelopment and infill development across <br />the region by: <br />• Compiling locally -identified priority sites for development and redevelopment, as <br />included in local comprehensive plans, into a regional inventory of development <br />priorities; <br />• Analyzing the market readiness of these sites and work with local and regional partners <br />to develop investment and redevelopment strategies customized to the needs of <br />different types of strong and weak markets, including concentrated and racially - <br />concentrated areas of poverty; <br />• Using its role and authorities to streamline redevelopment processes and help equalize <br />the playing field, including differences in cost, between redevelopment, infill <br />development and greenfield development sites. <br />To leverage the full power of our region's economic assets, we must help all of the region's <br />residents access opportunity and participate in regional economic competitiveness. <br />DRAFT FOR PUBLIC COMMENT <br />Last revised: February 21, 2014 18 <br />