Publication detail

Efficiency of brownfields revitalization

SABO, J. HROMÁDKA, V. KORYTÁROVÁ, J.

Original Title

Efficiency of brownfields revitalization

Type

article in a collection out of WoS and Scopus

Language

English

Original Abstract

The paper deals with the issue of the economic evaluation of the revitalization of brownfields.The brownfield means mostly the old, hardly polluted, not used or, from the economic point of view not very efficiently used, industrial, logistic or mining zones, or commercial and residential objects. The existence of the brownfield brings to the specific location a lot of problems. Very often it is situated in the very interesting location, which it is not possible, due to the existence of the brownfield, effectively to use. Moreover this locationuses to be connected with negative impacts on the environment and also the aesthetic aspects plays very important role. The revitalization of this location can bring a big number of various benefits.Beside economic benefits there are also identified benefits ecological, social, and aesthetic. The successful revitalization of the brownfield can be also very prestigious matter and can bring benefits not only in the frame of the revitalised location, but also in its wider surroundings. In all cases it concerns about the very difficult intention, time consuming and expensive. From these reasons it is very important to elaborate the economic or the socio-economic evaluation of partial variants of the solution to choose the variant with the biggest effect. The paper is focused on the economic evaluation of the commercial project of the brownfield revitalization. The economic analysis is based on the principles of the net present value, when the key inputs are expected investment costs connected with the revitalisation and incomes from the rent. Results are presented on the case study of the revitalization of the power plant complex in the centre ofthe city of Žilina in Slovakia into the multifunctional objects with the pre-dominant residential use.be consequently included into the economic evaluation of the projects of the railway infrastructure.

Keywords

Brownfield; Commercial Object; Economic Evaluation

Authors

SABO, J.; HROMÁDKA, V.; KORYTÁROVÁ, J.

Released

17. 10. 2019

Publisher

Varazdin Development and Entrepreneurship Agency, Varazdin, Croatia

Location

Varazdin, Croatia

ISBN

1849-7535

Periodical

Book Series: International Scientific Conference on Economic and Social Development

Number

45

State

Republic of Croatia

Pages from

274

Pages to

279

Pages count

6

URL

https://www.esd-conference.com/upload/book_of_proceedings/Book_of_Proceedings_esdMoscow2019_Online.pdf

BibTex

@inproceedings{BUT159454,
  author="Jakub {Sabo} and Vít {Hromádka} and Jana {Korytárová}",
  title="Efficiency of brownfields revitalization",
  booktitle="Economic and Social Development, 45th International Scientific Conference on Economic and Social Development –XIX International Social Congress (ISC 2019), Book of Proceedings",
  year="2019",
  journal="Book Series: International Scientific Conference on Economic and Social Development",
  number="45",
  pages="274--279",
  publisher="Varazdin Development and Entrepreneurship Agency, Varazdin, Croatia",
  address="Varazdin, Croatia",
  issn="1849-7535",
  url="https://www.esd-conference.com/upload/book_of_proceedings/Book_of_Proceedings_esdMoscow2019_Online.pdf"
}