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SOCIO-ECONOMIC EFFECTS OF BROWNFIELDS REGENERATION
Abstract
The brownfields regeneration is very expensive process however it has important socio-economic effects. Many brownfields were revitalized also in the Southeast Cohesion Region in the Czech Republic, which is selected as the studied area. The research sample contents data from 28 CBA projects located in this area. The aim of this paper is to evaluate contribution of socio-economic effects to total efficiency of these projects based on benefit-cost ratio (BCR). The paper also deals with the classification of brownfields according to their original use (production, amenities, housing, commerce, services, administration, military, railway, and others) and also to their target use (housing, recreation, greenery, missed use, amenities, business activities, and transport) and investigates relationship between the type of brownfield and BCR value. Results in the form of the analysis of original data set contribute to the deeper understanding of the socio-economic efficiency of brownfield regeneration projects. The outlined effects of original and target use should be statistically examined by future research on a larger sample of projects.
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