The top 10% of the nation's 8,700 designated Qualified Opportunity Zones are in areas where investors have already expressed interest, DL3 Realty's Leon Walker told the audience at the recent Connect Chicago event. Another 10% are in areas where investors might be on the fence about whether to make a commitment.
The remaining 80%, Walker said, are locations where “the Opportunity Zone designation is not enough to spur the flow of investment into those areas.” Almost all of Chicago’s QOZs fall into that 80% tranche, he added.
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