Download ROI-Presentation_City-Council_02-21-2017

Return on Investment from
Brownfield Initiatives
in Columbia, SC
April, 2016
Vision for Columbia’s
Brownfields Initiatives
 Pursue a market-driven redevelopment strategy to
revitalize the downtown and the city’s older
neighborhoods.
 Leverage brownfields funding to attract private-sector
investments.
 Transform economically underutilized areas to places
where high-skilled people live, work, and play.
 Provide economic, social, and environmental benefits to
the citizens and businesses.
Investments Throughout the City
ROI from 15 Selected Columbia Area
EPA Brownfield-funded Projects
 Projected total capital investment , 2000-2019:
$303.4 million
 Estimated number of new jobs at these sites from 2000-2016:

Annual wages and salaries of new workers:
~900
>$25 million
CITY of COLUMBIA’s BROWNFIELDS FUNDING
EPA Has Funded 5 Brownfields Grants 1999-2017
TOTAL: $2.0 million
Report prepared for the Columbia Development Corporation
911 Lady Street # C
Columbia, SC 29201
By the Cardno Brownfield Consulting Team
1812 Lincoln Street, Suite 301
Columbia, SC 29201
With funding from U.S. Environmental Protection Agency
Office of Brownfields Cleanup and Redevelopment
Washington, DC 20460
(Grant number: BF-00D26414)
Copyright 2016. Cardno. All Rights Reserved.