Zone offense: Developers, Dallas prep for tax-backed projects in low-income areas
Published September 20, 2018
“We … think qualified opportunity zones are the next big things,” said Brian Dethrow, a Dallas-based tax partner with Jackson Walker. “Nobody’s heard of them, but these rules may change the face of our cities.”
Dethrow said he’s “hearing about” potential multi-family and retail projects.”Maybe this’ll be a way to have access for the poor and solve the food desert,” he said, referring to inadequate access to healthy foods in some areas.
Dethrow said his firm has helped close a “handful” of deals already, though he wasn’t able to give details. “And we’ve got a basketful that are ready to go: clients with plans made and deals done, ready to close.”
Read the article in The Dallas Morning News.