Redevelopment Initiatives on Brownfield Sites: An Evaluation Model for the Definition of Sustainable Investments

With reference to brownfield sites redevelopment interventions, an innovative model for the definition of effective and financially sustainable initiatives is proposed tested. The borrows operative logic break-even analysis (BEA). It neglects basic assumption BEA related revenue linearity, by considering real trend revenues. In fact, in specific contexts characterized a estate over supply—e.g., small urban centers, or where new plan includes relevant increase buildings and/or functional reconversion existing disused complexes—the hypothesis on linearity could be inconsistent, as prices will tend become depressed. mentioned situations, discount mechanisms unit occur. These phenomena determine reduction selling price correspondence amount gross floor area (GFA) increase. Taking into account current cogent needs strategies brownfields renovation, evaluation developed supporting public private investors’ decision processes. represent valid preliminary phases decision-making processes subjects, able ensure point initiative balance sheet reached.