BROWNFIELD INVESTMENTS AS POSSIBILITY OF REVITALIZATION AND SUSTAINABILITY OF LOCATIONS
DOI:
https://doi.org/10.5937/ekoPolj1902589SKeywords:
revitalization of locations, Brownfield investments, sustainabilityAbstract
Investments for revitalization of locations through Brownfield investments provide an opportunity to establish and test new sustainable development practices. The economic advantage of analyzed Brownfield investments is that there are already certain capacities and infrastructure in a specific location. The research found that the funds invested in the cleaning of the terrain, waste treatment with the so-called. "Wild" landfills, in adaptation of buildings, arrangement of green areas, improvement of infrastructure and the like, have economic and financial justification. In addition, a number of other qualitative effects of general interest have been highlighted. The effects of this investment are considered from socioeconomic, environmental and other aspects, as well as to the development of local economy and environmental protection. In addition to the ecological and economic aspects of investing in Brownfield investment, special attention should be paid to risk management and social aspects of local sustainable development.
Downloads
Download data is not yet available.
References
1. Bacon, K. L., Dagenhart, R., Leigh, N. G., Skach, J. (2008). The Economic Development-Urban Design Link in Brownfield Redevelopment. Economic Development Journal-Spring 2008, International Economic Development Council, pp. 20-39, Washington DC, 2008
2. Brzaković, T., Brzaković, A. & Petrović, J. (2016). Application of Scenario Analysis in the Investment Project Evaluation. Economics of Agriculture, Vol. 63, No 2, pp. 501-513
3. CABERNET (2006). Sustainable Brownfield Regeneration-CABERNET Network Report. The University of Nottingham
4. De Sousa, C. (2006). Unearthing the Benefits of Brownfield to Green space. Projects: An Examination of Project Use and Quality of Life Impacts, Local Environment 11(5), pp. 577-600
5. Estrin, S. & Meyer, E. K. (2011). Brownfield Acquisitions: A Reconcept-ualization and Extension, Berlin:Managment International Review, Volume 51, Issue 4, pp. 483-509
6. Ferber, U. & Nathanail, P. (2013). Brownfields Handbook. Faculty of Civil Engineering, VSB-Technical University of Ostrava, Ostrava, 2006 www.fast.vsb.cz/lepob (Accessed May 28, 2019)
7. Filipović, D., Pešević, D. & Ružić, M. (2016). Koncept upravljanja otpadom kroz sistem prostorno planske dokumentacije u Srbiji. Časopis ECOLOGICA vol. 23, br. 84. BG:Naučno-stručno društvo za zaštitu životne sredine Srbije, 849- 853 [in English: Filipović, D., Pešević, D. & Ružić, M. (2016). The concept of waste management through the spatial planning documentation system in Serbia. Journal ECOLOGICA Vol. 23, No. 84. Belgrade: Scientific-Professional Society for Environmental Protection of Serbia, pp. 849-853]
8. Gajić, B., Tomić, Z. & Sredojević, Z. (2013). A simple method estimates and economic indicators of photovoltaic system for drip irrigation. Journal Economic of Agriculture. Year 60, No. 2 (217-436), pp. 223-237
9. Gligorijević, J. (2015). Reaktiviranje Brownfield u Srbiji. Aktuelnosti br. 29, Banja Luka College Journal, B. Luka, str. 46-60 [in English: Gligorijević, J. (2015). Reactivating Brownfield in Serbia. Aktuelnosti No.29, Banja Luka College Journal, Banja Luka, pp.46-60]
10. Gorman, H. S. (2003). Brownfields in Historical Context. Environmental Practice V, No. 01, Cambridge University Press, pp. 21-24, Cambridge, 2003.
11. Howland, M. (2007). Employment Effects of Brownfield Redevelopment: What Do We Know from the Literature? National Center for Environmental Economics, http://yosemite.epa.gov/ee/epa/eed.nsf/WPNumberNew/2007-01? OpenDocument
12. Kaufman, D. & Cloutier, N. (2006). The Impact of Small Brownfields and Green spaces on Residential Property Values. Journal of Real Estate Finance and Economics 33, pp. 19-30
13. Lorber, L. (2011). Interdisciplinary methodological approach to the process of Brownfield revitalization of traditional industrial areas. Journal for Geography, Ljubljana, 6-1, pp. 7-22
14. Paull, E. (2008). The environmentally and economic impact of Brownfield redevelopment, Journal of Northeast-Midwest Institute, Washington.
15. Perović, S. & Kurtović-Folić, N. (2012). Braunfild regeneracija – imperative za održivi urbani razvoj, Građevinar LXIV br. 5, Hrvatski savez građevinskih inženjera, Zagreb, pp. 373-383 [in English: Perović, S. & Kurtović-Folić, N. (2012). Braunfild regeneration - an imperative for sustainable urban development, Construction LXIV no. 5, Croatian Association of Civil Engineers, Zagreb, pp. 373-383]
16. Savanović, S. (2009). Braunfild i grinfild projekti, Banja Luka, Finansiranje lokalnog razvoja, Agencija za razvoj preduzeća, Eda [in English: Savanović, S. (2009). Brownfield and Greenfield Projects, Banja Luka, Local Development Financing, Agency for Enterprise Development, Eda]
17. Simić, J. (2008). Investicije u savremenoj svetskoj privredi, Novi Sad: Visoka poslovna skola strukovnih studija, Škola biznisa, naučno-stručni časopis, No 3, str. 18-23) [in English: Simić, J. (2008). Investments in the Contemporary World Economy, Novi Sad: High Business School of Vocational Studies, Business School, Scientific-Professional Journal, No. 3, pp. 18-23]
18. Sredojević, Z., Oljača, S. & Kresović, B. (2017). Organska poljoprivredna proizvodnja-osnove planiranaja i analiza poslovanja. Monografija, Poljoprivredni fakulet, Beograd-Zemun, str. 262 [in English: Sredojević, Z., Oljača, S. & Kresović, B. (2017). Organic agricultural production- basics of planned and business analysis. Monograph, Faculty of Agriculture, Belgrade-Zemun, p. 262]
19. Subić, J. (2010). Specifičnost procesa investiranja u poljoprivredi, Institut za ekonomiku poljoprivrede, Beograd, str. 192 [in English: Subić, J. (2010). Specificity of the investment process in agriculture, Institute of Agricultural Economics, Belgrade, p. 192]
20. Stanković, B. & Vignjević-Dordević, N. (2013). Javno-privatno partnerstvo i koncesije, kao posebni oblici stranih ulaganja u Srbiji, Banja Luka: Časopis za ekonomiju i tžišne komunikacije, God./Vol. 3 br./No. 2, pp. 285-298 [in English: Stanković, B. & Vignjević-Dordević, N. (2013). Public-Private Partnership and Concessions, as Special Forms of Foreign Investments in Serbia, Banja Luka: Journal of Economics and Communications, God./Vol. 3 No./No. 2, pp. 285-298]
21. Stojkov, B. (2007). Ka recikliranju građevinskog zemljišta u Srbiji, Glasnik Srpskog geografskog društva, Vol. 87, br. 2, Univerzitet u Beogradu, Geografski fakultet, pp. 175-185 [in English: Stojkov, B. (2007). Towards recycling of construction land in Serbia, Gazette Serbian Geographical Society, Vol. 87, No.2, University of Belgrade, Faculty of Geography, pp. 175-185]
2. Brzaković, T., Brzaković, A. & Petrović, J. (2016). Application of Scenario Analysis in the Investment Project Evaluation. Economics of Agriculture, Vol. 63, No 2, pp. 501-513
3. CABERNET (2006). Sustainable Brownfield Regeneration-CABERNET Network Report. The University of Nottingham
4. De Sousa, C. (2006). Unearthing the Benefits of Brownfield to Green space. Projects: An Examination of Project Use and Quality of Life Impacts, Local Environment 11(5), pp. 577-600
5. Estrin, S. & Meyer, E. K. (2011). Brownfield Acquisitions: A Reconcept-ualization and Extension, Berlin:Managment International Review, Volume 51, Issue 4, pp. 483-509
6. Ferber, U. & Nathanail, P. (2013). Brownfields Handbook. Faculty of Civil Engineering, VSB-Technical University of Ostrava, Ostrava, 2006 www.fast.vsb.cz/lepob (Accessed May 28, 2019)
7. Filipović, D., Pešević, D. & Ružić, M. (2016). Koncept upravljanja otpadom kroz sistem prostorno planske dokumentacije u Srbiji. Časopis ECOLOGICA vol. 23, br. 84. BG:Naučno-stručno društvo za zaštitu životne sredine Srbije, 849- 853 [in English: Filipović, D., Pešević, D. & Ružić, M. (2016). The concept of waste management through the spatial planning documentation system in Serbia. Journal ECOLOGICA Vol. 23, No. 84. Belgrade: Scientific-Professional Society for Environmental Protection of Serbia, pp. 849-853]
8. Gajić, B., Tomić, Z. & Sredojević, Z. (2013). A simple method estimates and economic indicators of photovoltaic system for drip irrigation. Journal Economic of Agriculture. Year 60, No. 2 (217-436), pp. 223-237
9. Gligorijević, J. (2015). Reaktiviranje Brownfield u Srbiji. Aktuelnosti br. 29, Banja Luka College Journal, B. Luka, str. 46-60 [in English: Gligorijević, J. (2015). Reactivating Brownfield in Serbia. Aktuelnosti No.29, Banja Luka College Journal, Banja Luka, pp.46-60]
10. Gorman, H. S. (2003). Brownfields in Historical Context. Environmental Practice V, No. 01, Cambridge University Press, pp. 21-24, Cambridge, 2003.
11. Howland, M. (2007). Employment Effects of Brownfield Redevelopment: What Do We Know from the Literature? National Center for Environmental Economics, http://yosemite.epa.gov/ee/epa/eed.nsf/WPNumberNew/2007-01? OpenDocument
12. Kaufman, D. & Cloutier, N. (2006). The Impact of Small Brownfields and Green spaces on Residential Property Values. Journal of Real Estate Finance and Economics 33, pp. 19-30
13. Lorber, L. (2011). Interdisciplinary methodological approach to the process of Brownfield revitalization of traditional industrial areas. Journal for Geography, Ljubljana, 6-1, pp. 7-22
14. Paull, E. (2008). The environmentally and economic impact of Brownfield redevelopment, Journal of Northeast-Midwest Institute, Washington.
15. Perović, S. & Kurtović-Folić, N. (2012). Braunfild regeneracija – imperative za održivi urbani razvoj, Građevinar LXIV br. 5, Hrvatski savez građevinskih inženjera, Zagreb, pp. 373-383 [in English: Perović, S. & Kurtović-Folić, N. (2012). Braunfild regeneration - an imperative for sustainable urban development, Construction LXIV no. 5, Croatian Association of Civil Engineers, Zagreb, pp. 373-383]
16. Savanović, S. (2009). Braunfild i grinfild projekti, Banja Luka, Finansiranje lokalnog razvoja, Agencija za razvoj preduzeća, Eda [in English: Savanović, S. (2009). Brownfield and Greenfield Projects, Banja Luka, Local Development Financing, Agency for Enterprise Development, Eda]
17. Simić, J. (2008). Investicije u savremenoj svetskoj privredi, Novi Sad: Visoka poslovna skola strukovnih studija, Škola biznisa, naučno-stručni časopis, No 3, str. 18-23) [in English: Simić, J. (2008). Investments in the Contemporary World Economy, Novi Sad: High Business School of Vocational Studies, Business School, Scientific-Professional Journal, No. 3, pp. 18-23]
18. Sredojević, Z., Oljača, S. & Kresović, B. (2017). Organska poljoprivredna proizvodnja-osnove planiranaja i analiza poslovanja. Monografija, Poljoprivredni fakulet, Beograd-Zemun, str. 262 [in English: Sredojević, Z., Oljača, S. & Kresović, B. (2017). Organic agricultural production- basics of planned and business analysis. Monograph, Faculty of Agriculture, Belgrade-Zemun, p. 262]
19. Subić, J. (2010). Specifičnost procesa investiranja u poljoprivredi, Institut za ekonomiku poljoprivrede, Beograd, str. 192 [in English: Subić, J. (2010). Specificity of the investment process in agriculture, Institute of Agricultural Economics, Belgrade, p. 192]
20. Stanković, B. & Vignjević-Dordević, N. (2013). Javno-privatno partnerstvo i koncesije, kao posebni oblici stranih ulaganja u Srbiji, Banja Luka: Časopis za ekonomiju i tžišne komunikacije, God./Vol. 3 br./No. 2, pp. 285-298 [in English: Stanković, B. & Vignjević-Dordević, N. (2013). Public-Private Partnership and Concessions, as Special Forms of Foreign Investments in Serbia, Banja Luka: Journal of Economics and Communications, God./Vol. 3 No./No. 2, pp. 285-298]
21. Stojkov, B. (2007). Ka recikliranju građevinskog zemljišta u Srbiji, Glasnik Srpskog geografskog društva, Vol. 87, br. 2, Univerzitet u Beogradu, Geografski fakultet, pp. 175-185 [in English: Stojkov, B. (2007). Towards recycling of construction land in Serbia, Gazette Serbian Geographical Society, Vol. 87, No.2, University of Belgrade, Faculty of Geography, pp. 175-185]
Downloads
Published
2019-06-25
How to Cite
Sredojević, Z., Kljajić, N., & Gajić, B. (2019). BROWNFIELD INVESTMENTS AS POSSIBILITY OF REVITALIZATION AND SUSTAINABILITY OF LOCATIONS. Ekonomika Poljoprivrede, 66(2), 589–599. https://doi.org/10.5937/ekoPolj1902589S
Issue
Section
Review articles
