The Tax Cuts and Jobs Act of 2017 (TCJA), enacted on December 22, 2017, included a provision, commonly referred to as the federal opportunity zones incentive, that, until recently, has…
Opportunity Zones provide investors a new method to defer or eliminate tax on gains that is more flexible than Section 1031 exchanges. While I.R.C. §1031 like-kind exchanges now only permit…
The Rio Nuevo Board voted unanimously Tuesday to contribute $2.4 million to The Gadsden Company to assist in launching a mixed-use project in the Mercado District on Tucson’s West Side. …
Token IQ, Inc., a SaaS blockchain platform for the tokenization of securities and asset backed investment contracts, announced today that it has successfully raised a $1 million seed round led…
“Real Estate Forecast – What is on the Horizon for 2019” will be the topic at the Arizona Association for Economic Development’s (AAED) September luncheon. It will be held on…
WESTMARC is seeking nominations for the 26th Annual Best of the West Awards Dinner on Thursday, November 15th at the University of Phoenix Stadium. WESTMARC is accepting nominations in three…
The Gilbert Town Council has approved the 2018 update to the Heritage District Redevelopment Plan, giving Town staff the green light to work with the Gilbert Redevelopment Commission to explore…
With $5 trillion of investable capital sitting on the sideline and not being put into projects across the U.S., opportunity zones – created by the Tax Cuts and Jobs Act…
Karrin Taylor Robson may have summed it up best at the annual WESTMARC Economic Development Summit. The founder and president of Arizona Strategies says there are a few essential ingredients…
Cognizant, a Fortune 500 digital technology firm and one of the world’s leading professional services companies, opened its newest U.S. regional center at 1130 N. Alma School Road in Mesa. “Cognizant is…
For years, the 303 Loop was a dream of the West Valley and its opening in October 2017 has already started to change the development patterns in its wake. For…
Gwynnie Bee, a size-inclusive rental service that allows women to access an “unlimited wardrobe” in order to shop better, wear smarter, and rediscover the fun of fashion, is expanding its operations to…
