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CRE Investors Lobby To Have Projects Included In Opportunity Zone 2.0 As Officials Hash Out Maps
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The maps that underpin the program remain in flux, leaving an opportunity for politically savvy investors to lobby for their projects to be included.
Investors stand to gain a great deal if they have the right project in an opportunity zone, but it isn’t a magic potion.
That includes Pennsylvania’s version of the program, called the “Keystone opportunity zone,” administered by the Philadelphia Department of Commerce within city limits.
Courtesy of Marikate Venuto PhotographyCitrin Cooperman's Matt Lakofsky, GREA's Ken Wellar, Newmark's Lauren Gilchrist, Cresa's Tony Juliano and Colliers' Brian Hilger.
Roadblocks developers face while navigating Philadelphia City Council and the bureaucracy that carries out its wishes were a common topic at Tuesday’s event.