ABSTRACT

This chapter focuses on the funding of major brownfield projects, a category of regeneration that are often the most obvious and largest examples of regeneration, and in which funding issues have been especially central to the way in which planning and development have been produced. It analyses the different ways by which major Australian brownfield urban-regeneration schemes have been funded, and the governance context of these various methods. The chapter deals with an analysis of the most basic method of financing brownfield regeneration projects, re-zoning of land, especially old industrial areas, to higher-value uses. It also focuses on the ways in which governments intervene to fund brownfield regeneration under the imperatives. Governments have offset infrastructure costs through developer levies and enhanced sale prices for land that they own. There has also been significant ‘free’ provision of infrastructure such as rail/light rail lines and via Better Cities funding.