New guidance for brownfield developers
by David Masters
March 21, 2008
Guidance for companies wishing to clean up contaminated brownfield sites has been published this week by English Partnerships.
The government agency for national regeneration has published tips for companies wishing to calculate Contamination and Dereliction Remediation Costs.
In the budget announced last week, companies who are regenerating brownfield sites will receive extra tax relief. This is good news for developers, who often find themselves facing hidden costs when regeneration sites that are contaminated, or that have been derelict for many years.
The tax relief covers sites that have been derelict, as well as sites infested with Japanese knotweed.
The brownfield advisor to English Partnerships, Paul Syms, said at the release of the tips: “We welcome Government’s plans to extend tax relief to such sites, as part of its drive to assist the potential of unlocking thousands of hectares of brownfield land for redevelopment.
“Brownfield land development is not just about building much needed homes, it is also about decontaminating blighted areas, clearing and recycling derelict sites and creating open green spaces in urban centres too.”
He added that whilst he hopes that the guidance is helpful for developers, there is no substitute for thorough assessments of sites.
Syms concluded: “We hope this guide will be used as a benchmark by Government agencies, department partners and other stakeholders.”
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