Publication result detail

Economic evaluation of old barracks brownfield revitalization to support socially disadvantaged people

SABO, J.; HROMÁDKA, V.

Original Title

Economic evaluation of old barracks brownfield revitalization to support socially disadvantaged people

English Title

Economic evaluation of old barracks brownfield revitalization to support socially disadvantaged people

Type

Paper in proceedings outside WoS and Scopus

Original Abstract

The paper is focused on the issue of the economic evaluation of brownfield revitalization, which served as a former Russian army barracks, but today is primarily intended for rental housing for the socially disadvantaged. It is complex of buildings situated in city Nové Mesto and Váhom in western Slovakia, which was built in 1968. In 2016 the revitalisation of buildings was started. Buildings is owned by city, and they can provide value of costs. Against this value of costs, the value of profit benefit and socio-economic benefits associated with revitalization can be compared. After comparing the value of all these benefits with the value of costs, we can determine whether this project was profitable and whether it could serve as a template for other similar revitalizations of similar buildings, because they are almost in every city. Revitalizations like this could bring socio-economic benefits to society for housing of the socially disadvantaged and if the city will not be interested, also private company could invest and revitalise for the financial profit.

English abstract

The paper is focused on the issue of the economic evaluation of brownfield revitalization, which served as a former Russian army barracks, but today is primarily intended for rental housing for the socially disadvantaged. It is complex of buildings situated in city Nové Mesto and Váhom in western Slovakia, which was built in 1968. In 2016 the revitalisation of buildings was started. Buildings is owned by city, and they can provide value of costs. Against this value of costs, the value of profit benefit and socio-economic benefits associated with revitalization can be compared. After comparing the value of all these benefits with the value of costs, we can determine whether this project was profitable and whether it could serve as a template for other similar revitalizations of similar buildings, because they are almost in every city. Revitalizations like this could bring socio-economic benefits to society for housing of the socially disadvantaged and if the city will not be interested, also private company could invest and revitalise for the financial profit.

Keywords

Economic evaluation; brownfield; revitalization; CBA analysis

Key words in English

Economic evaluation; brownfield; revitalization; CBA analysis

Authors

SABO, J.; HROMÁDKA, V.

RIV year

2021

Released

11.12.2020

Publisher

Varazdin Development and Entrepreneurship Agency, Varazdin, Croatia

Location

Varazdin

Book

63rd International Scientific Conference on Economic and Social Development Development – "Building Resilient Society", Book of Proceedings

ISBN

1849-7535

Periodical

Book Series: International Scientific Conference on Economic and Social Development

State

Republic of Croatia

Pages from

186

Pages to

192

Pages count

7

URL

https://www.esd-conference.com/past-conferences

BibTex

@inproceedings{BUT167864,
  author="Jakub {Sabo} and Vít {Hromádka}",
  title="Economic evaluation of old barracks brownfield revitalization to support socially disadvantaged people",
  booktitle="63rd International Scientific Conference on Economic and Social Development Development – {"}Building Resilient Society{"}, Book of Proceedings",
  year="2020",
  journal="Book Series: International Scientific Conference on Economic and Social Development",
  pages="186--192",
  publisher="Varazdin Development and Entrepreneurship Agency, Varazdin, Croatia",
  address="Varazdin",
  issn="1849-7535",
  url="https://www.esd-conference.com/past-conferences"
}