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Read the news, strategies, insights and feature articles we are compiling about one of the biggest developments in CRE in recent years: Opportunity Zones.
Skyhouse Downtown is part of CBRE's strategy to acquire properties within a target US multifamily market in a program that identifies metros that are expected to achieve long-term resilient real estate performance.
While community uplift is overall the top priority, with 76% of those surveyed believe the nation is not acting strongly enough to uplift underserved and low-income communities, and tax incentives bring an added layer of appeal.
The fund, through its affiliated entities, plans to develop a 120-room hotel, operated under a nationally recognized brand, and a six-story, 144-unit apartment community at the site.
The estimated $400-million Tidewater Landing project in an opportunity zone on Pawtucket's waterfront will feature hundreds of thousands of square feet of new development, including a news sports complex that will be home to a professional soccer team