Greenfields Vs. Infill Development

Development Magazine compares two similar projects -- one in the suburbs, the other cose to the CBD. Which has more risk?

1 minute read

April 30, 2002, 8:00 AM PDT

By Chris Steins @planetizen


"In the Chicago metropolitan area, Opus North Corporation is engaged in two separate and distinct speculative industrial development strategies: bulk distribution facilities designed and built on logically located greenfield sites; and generic industrial facilities on redeveloped infill sites... Market conditions for industrial infill and greenfield developments are different and do not necessarily cycle together. By developing new speculative industrial product in these two different markets, Opus is able to expand its industrial development business and diversify risk at the same time."

Thanks to NAIOP Editor

Tuesday, April 30, 2002 in NAIOP Development Magazine

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

April 30, 2025 - Diana Ionescu

Close-up on Canadian flag with Canada Parliament building blurred in background.

Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?

As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?

April 28, 2025 - Benjamin Schneider

Hot air balloons rise over Downtown Boise with the State Capitol building visible amidst the high rises.

The Five Most-Changed American Cities

A ranking of population change, home values, and jobs highlights the nation’s most dynamic and most stagnant regions.

April 23, 2025 - GoodMigrations

Close-up of smartphone with Zoox logo and screen with blurred image of Zoox autonomous vehicle in background.

Amazon-Owned Robotaxis to Begin Testing in LA

Los Angeles will become the sixth city where Zoox is testing its autonomous vehicle technology.

45 minutes ago - Smart Cities Dive

NYC MTA train on elevated rail with Manhattan skyline visible in background.

New York MTA Says No More Borrowing, Will Cut Costs Instead

The agency says it won’t take out any new loans to finance its planned improvements and is finding other ways to cut costs.

2 hours ago - Bloomberg CityLab

Tree-lined street with large old trees and full parking lane and one-way driving lane in Spain.

Research: More Complex Streets Are Safer

Streets that offer more perceived obstacles and distractions can force drivers to slow down and drive more carefully.

4 hours ago - State Smart Transportation Initiative

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.

Senior Manager Operations, Urban Planning

New York City School Construction Authority

Building Inspector

Village of Glen Ellyn

Manager of Model Development

Central Transportation Planning Staff/Boston Region MPO