An abandoned or underutilized building, such as that old warehouse or gas station in your neighborhood, is known as a brownfield. One of these buildings could become a new and profitable home for your business, provided you’re willing to do some work. Many of these old structures contain contaminants and low levels of hazardous waste, so environmental testing and cleanup are needed before they can be used. But thanks to improved technology and increased federal assistance, more businesses are using these buildings, helping to better use existing land, revitalize old neighborhoods, increase area property values, and create new jobs.
For more information on restoring brownfields for business purposes, be sure to read Cleaning Up Old Commercial Properties for New Business Ventures.