Communities
Investments appreciate when communities improve
OPAL is working with community leaders to put the right development strategies in place to ensure that projects and communities can thrive together. From developing incentive policies and expedited permitting processes to engaging residents as patrons and employees, OPAL is facilitating long-term connections between OZ investments and the places they support.
Engage Your Community
Except for a very few well-situated places, nowhere will Opportunity Zone investment simply fall from the sky uninvited. Local and state elected officials from across the country are rushing to develop their own Opportunity Zone strategies to attract private capital.
These officials are getting creative with tools like overlay districts, incentive funds, zoning ordinances and permitting procedures to ensure that Opportunity Zone projects can achieve speed to market – and be set up for long-term success.
Communities that feel they cannot impact private capital markets must be prepared for the eventuality that they may never see a dollar of Opportunity Zone investment.
How OPAL Can Help
OZ Strategy Development
OPAL works hand in hand with your team to help you understand how the Opportunity Zone incentive works and assess your potential strategy options, looking at everything from using local economic development incentives to expedited permitting.
Community Assets Analysis
OPAL can work with your economic development team to identify potentially investable assets and develop a marketing strategy around turning (or returning) those assets to productive use.
The OZ Marketing Guide
For a select few communities who can demonstrate strong capacity to attract projects and capital, OPAL can help you craft an “Opportunity Zone Marketing Guide” – a marketing document that highlights community assets, discusses community approaches to Opportunity Zones, and identifies potential areas of focus for Opportunity Zone investors.
OZ Strategy Development
OPAL works hand in hand with your team to help you understand how the Opportunity Zone incentive works and assess your potential strategy options, looking at everything from using local economic development incentives to expedited permitting.
Community Assets Analysis
OPAL can work with your economic development team to identify potentially investable assets and develop a marketing strategy around turning (or returning) those assets to productive use.
The Community Prospectus
For a select few communities who can demonstrate strong capacity to attract projects and capital, OPAL can help you craft a “Community Prospectus” – a marketing document that highlights community assets, discusses community approaches to Opportunity Zones, and identifies potential areas of focus for Opportunity Zone investors.