Monday, 22 October 2018

There’s gold in them zones: How Opportunity Zones could pan out for real estate

At 9800 Grape Street in the Watts neighborhood of southern Los Angeles, gone are the low-rise complexes that were the epicenter of the Rodney King riots. In their place stand rows of wood-frame skeletons taking the shape of 12 garden-style apartment buildings, the first phase of an ambitious redevelopment. While funds for the first and second phases are largely being drawn from city and state coffers, the $500 million project known as Jordan Downs could […]



source https://therealdeal.com/la/issues_articles/theres-gold-in-them-zones/#new_tab

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