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opportunity zones

Qualified Opportunity Zones And Proposed Legislative Changes

Here are five potential impacts of the Opportunity Zones Improvement, Transparency, and Extension Act, proposed in April 2022.
Opportunity Zones

Opportunity Zones: Revitalizing Communities

Still in its infancy, the U.S. Qualified Opportunity Zone Program shows promise to revitalize both large and small communities.

Investing In Opportunity Zones

As part of the 2017 Tax Cuts and Jobs Act, Qualified Opportunity Zones across the U.S. provide a vehicle to reinvest capital gains for near- and long-term tax benefits.
Opportunity zones

Opportunity Zones: Boom Or Bust?

Opportunity zones allow investors with unrealized capital gains to sell those assets and reinvest the gain in a QOZ with a bigger after-tax return.
Opportunity Zones

LiveXchange Webinar: Panel Discussion – Opportunity Zones 2.0

Learn how Opportunity Zones are becoming prime investment opportunities for capital gains and how new IRS guidelines will impact on your plans for a QOZ near you.
Qualified Opportunity Zones

There’s Still Time To Invest In Qualified Opportunity Zones

The IRS has extended a critical deadline for investments in Qualified Opportunity Zones until the end of the year, hoping to entice investors who have largely sat on their money during the global pandemic.
Opportunity Zones

Opportunity Zones: Window Of Opportunity

The new federal qualified opportunity zone (QOZ) tax credits are expected to unleash up to $6 trillion in capital investment in more than 8,700 economically distressed areas in the U.S.
Qualified Opportunity Zones (QOZs)

Understanding Opportunity Zone Guidelines

Just as with any planning technique, comparison of the potential benefits of Qualified Opportunity Zones to other tax deferral or elimination strategies remains crucial.
Automotive Manufacturing

California Is Land Of Opportunity, Michigan Is Motor King

California is the top-ranked state for Opportunity Zones and Michigan leads in Automotive Manufacturing Strength in Business Facilities' 15th Annual Rankings Report.
Maryland Opportunity Zones

Maryland: Expanding Opportunity For An Expanding Workforce

Maryland has dedicated $56.5 million to attract new businesses to its Opportunity zones. MD also has extended a 10-year tax credit for jobs created in the zones.
TexAmericas Center Federal Opportunity Zone

TexAmericas Center Designated A Federal Opportunity Zone

The census tract containing the industrial park is among seven in Bowie County, TX, to receive the new federal designation.
Goodyear, Arizona

Goodyear, AZ: Foreign Trade Zones Benefit International Businesses

Goodyear has many successful FTZs, which help foreign and international businesses establish and grow operations while limiting tariffs and fees.
New-Jersey-Opportunity

State Focus – New Jersey: Garden of Opportunity

The Garden State offers a “brain trust” with a highly skilled and educated workforce that makes it easy to recruit top talent.
NYU Polytechnic Institute (Photo: http://engineering.nyu.edu/).

New York State Adds NYU Incubators As START-UP NY Development Zones

The economic assistance is also expected to attract larger companies from around the globe to move to New York to tap into groundbreaking NYU research as well as the City's infrastructure, amenities, and other assets.
Christie Quote

Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Developers can maximize cost credits up to 40 percent for projects in Paterson, Passaic, Trenton and Camden.

UPDATE: Seven New Locations Added To President Obama’s Promise Zones Initiative

Seven additional Promise Zones—St. Louis, MO; Gary, IN; Flint, MI; Brownsville, TX; Rockford, IL; Macon, GA; and Rocky Mount, NC—have been announced.

President Obama’s Promise Zones Initiative

The five Promise Zones—San Antonio, Philadelphia, Los Angeles, Southeastern Kentucky, and the Choctaw Nation of Oklahoma—are part of the 20 that will be announced over the next three years.
September / October 2021 Issue (Volume 54, Number 5)

September / October 2021 Issue (Volume 54, Number 5)

The September / October 2021 issue looks at startup ecosystems, innovation centers and Opportunity Zones. Plus, an exclusive interview with North Carolina Gov. Roy Cooper.
West Virginia

U.S. Department Of Commerce Invests $10.1M In West Virginia

The investment will support local strategies to spur business and job growth in West Virginia, including in Opportunity Zones. 
September / October 2019 issue

September / October 2019 Issue (Volume 52, Number 5)

The September/October 2019 Issue features the booming logistics and transportation industry. Plus, a look at Qualified Opportunity Zones and Business/Industry/Tech Parks.

Rankings & Awards

2022 Global Rankings

18th Annual Rankings: 2022 Global Rankings Report

The U.S. and China earned the top two spots for Foreign Direct Investment (Worldwide) in Business Facilities’ 2022 Global Rankings Report.
2022 Metro Rankings

Business Facilities’ 2022 Metro Rankings Report

Metro areas and cities of all sizes are recognized for attracting and retaining businesses from numerous industry sectors in Business Facilities' 2022 Metro Rankings Report.

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