Article Abstract:
Some brownfield sites are being redeveloped for use by industrial users. Land which is unsuitable for commercial or residental development may be cleaned up and reused as a site for industrial buildings. Land used for industrial purposes requires less decontamination work and therefore may be a better financial prospect for developers. Local authorities welcome some industrial users to redevelop brownfield sites in order to bring employment into depressed areas. Some 22 million pounds sterling was spent on cleaning the brownfield site in Greenwich which is location for the Millennium Dome.
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Article Abstract:
Supermarket operators in the U.K. are finding their margins squeezed by cutthroat price competition, while their need to develop new sites in order to increase market share are being hindered by planning rules. The government clamp-down on out-of-town retail sites means that many large operators, such as Tesco and Safeway, are competing for sites and the traditional gentleman's agreements not to make objections against their rival's planning applications have disappeared. Tesco is the market leader, with a 14.4% share, followed by Sainsbury with 12.9% and the Argyll group with 7.6%.
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Article Abstract:
Some land development experts point out developing brownfield sites, in the UK, can be problematic therefore the government should help developers by offering incentives. Determining who owns a piece of brownfield land can be difficult also access to the land may not be straightforward. Greenfield sites are easier to work with and cost less to develop. The government wants 60% of new residential dwellings to be built on brownfield sites. It is estimated there is some 81,542 acres of disused brownfield land in the UK.
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