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Growing vs. slow going: Colorado Outdoors opportunity zone outpacing Las Colonias | Business
Two developments on the Western Slope meant to spur financial exercise have been conceived around the identical time, but they’ve had varying concentrations of exercise in subsequent several years. Both of those Montrose’s Colorado Outdoors and Grand Junction’s Riverfront at Las Colonias are regarded as “Opportunity Zones,” which in the point out of Colorado means they get tax incentives to encourage very long-phrase non-public investments in very low-income areas. Montrose has noticed a time period of development a short while ago, saying various new tenants so significantly in 2022, even though the Riverfront at Las Colonias has not expanded past its two primary tenants. Colorado Outside tenants incorporate fly fishing…