Contact Us

Interested in sponsoring an event? Contact advertising@bisnow.com

Philadelphia 2019 Forecast and The Future of Opportunity Zones

What to Watch for as 2018 Comes to a Close, Including the Latest CRE Opportunity

Event Ended On: Tuesday December 18 2018

Event Host

Events Raw Space

Alliance HSP at Yards Brewing Company

In September 2014, Alliance acquired the former Destination Maternity warehouse, a full city block on the edge of Philadelphia’s thriving Northern Liberties neighborhood. After the Destination Maternity’s short-term leaseback ended in November 2015, Alliance focused on adaptive reuse of the existing, 190,0000+/- square-foot, brick warehouse building. Alliance leased the entire building to three tenants on long-term leases: Yards Brewing Company opened their 70,000-square-foot brewery and tap room in November 2017; the City of Philadelphia’s Archives Department opened their 70,000-square-foot facility in April 2018; and Target opened their 50,000-square-foot “urban format” retail store in August 2018.

In 2019, Alliance will develop a ground-up, mixed-use building with 50 apartment units and 11,000 square feet of retail space. This final phase of the SoNo project will mark the first large-scale, ground-up residential construction project in more than 30 years in the East Callowhill district.

Speakers and Panels

Jim Kenney
Keynote

Jim Kenney

Mayor, City of Philadelphia

A Year in Review: Philadelphia 2019 Forecast

Harris Heller

Harris Heller

Managing Director, Hunt Real Estate Capital

A Window of Opportunity: OZs 101

Lisa Starczewski

Lisa Starczewski

Shareholder, Buchanan Ingersoll & Rooney
George Kotridis
Moderator

George Kotridis

Principal, CliftonLarsonAllen

Venue

Yards Brewing Company
500 Spring Garden Street
Philadelphia, PA 1912


Parking Information:

 Entrance to parking lot on 5th (northbound) and 6th (southbound) streets. Valet parking available on the 5th Street side of the lot next to the mural.

 

 

Get Directions

Agenda

Time Activity
7:30 AM
8:30 AM
Registration, Networking & Breakfast
8:30 AM
8:40 AM
Opening Remarks: Kognition
8:40 AM
9:20 AM
A Year in Review: Philadelphia 2019 Forecast
Learn about 2018's greatest trends and biggest deals, and how they may come to into play in the new year
9:20 AM
9:25 AM
Additional Networking
9:25 AM
10:10 AM
A CRE Window of Opportunity: Opportunity Zones 101
What You Need to Know about the Latest Tax Incentives
10:10 AM
10:20 AM
Closing Remarks: Mayor Jim Kenney
10:20 AM
10:50 AM
More Schmoozing!

Summary

1. What were this years' major acquisitions, investments, and projects in and around Philadelphia? 

2. With a Construction Tax still being weighed on, how could that impact the future of development in Philadelphia? 

3. What is a Qualified Opportunity Fund?

4. What are Opportunity Zones, and where are they located?

5. Why invest in Opportunity Funds, and are they a better investment than a 1031 Exchange

6. How can Opportunity Zones spur economic development in Philadelphia and its surrounding suburbs? 

7. How does Opportunity Fund investing work? 

8. What are some of the tax benefits and the tiered structure of the program?