A new $72M opportunity zone deal in Maryland is at least the fourth investment made through the program in the D.C. area this year.
Bisnow's half-day summit about the opportunity zone program will feature government officials, major investors and key stakeholders.
An influx of investment into opportunity zones has yet to come, but the program has spawned an ecosystem of events, media, marketing and paid consultation.
OZ fundraisers say they have seen enough of a boost in investment activity since April to suggest the program could start working after all.
Including the purchase price, Parkway plans to spend $80M to reposition the tower.
A Bisnow survey found that the opportunity zone program could drive more entrepreneurs to creating a QOZB.
CIM Group is looking at the Atlanta, Oakland, Los Angeles and Dallas areas, and it aims to cluster investments in neighborhoods to help increase values.
Ventus Group's The Fig mixed-use student housing project will try to take advantage of the opportunity zone program.
Nitze-Stagen breaks ground on Canton Lofts in Pioneer Square.
The Rockefeller Foundation announced $3.7M in opportunity zone grants to D.C., Dallas, Oakland and St. Louis.
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