Concept

Greyfield land

Résumé
Greyfield land is underused real estate assets or land. The term was first coined in the UK in urban design theory in the late 1990s, and later adopted in the US about a decade later, with the name coming from the "sea" of empty asphalt concrete that often accompanies these sites. The word greyfield is a relative neologism as compared to more commonly known terms such as brownfield and greenfield. In the UK, the term applies specifically to buildings and land in towns and cities that is underused and could be intensified by the addition of rooftop developments (in the case of an existing building) or 'airspace' developments (above an existing carpark, for example). In the US, the term has historically been applied to formerly-viable retail and commercial shopping sites (such as regional malls and strip centers) that have suffered from lack of reinvestment and have been "outclassed" by larger, better-designed, better-anchored malls or shopping sites. These particular greyfield sites
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