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18 Hour City Series – Opportunity Zones: Seeking Practical Applications

Date:
May 9, 2019
Time:
3:30 pm - 5:30 pm
Venue:
Taft Center at Fountain Square
Address:
425 Walnut Street, 2nd Floor (overlooking Fountain Square)
Cincinnati, OH 45202 United States

Other

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2019-05-09
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Explore the topics facing Greater Cincinnati as it grows opportunities and delivers choice lifestyles to its increasingly diverse population.

Session Three: Opportunity Zones – Seeking Practical Applications
We understand “Opportunity Zones” as a new community development program established by Congress to encourage long-term investments in distressed census tracts, but since its introduction in 2017, the details have been ill-defined. Investors are eager to identify qualified assets and receive tax benefits for placing unrealized capital gains into Opportunity Funds. This 18 Hour City Series session will share case studies and applications of Opportunity Zones. Although investment opportunities are still elusive, our panelists will deliver practical and recent learnings.

18 Hour City Series is a creative problem-solving forum. The structure allows industry talent to engage with panelists to innovate around unique challenges and ideas. Our ULI Members are a diverse group of thought leaders. We are doers who design and solve for effective use of land and the built environment. Expert panelists will present contemporary thinking on a subject and together we will help form, create and sustain our 18 Hour City.

18 Hour Cities are experiencing:

  • above-average urban population growth
  • affordable cost of living
  • lower cost of doing business relative to “24 Hour” cities like Boston, Chicago, Los Angeles, New York City, San Francisco and Washington DC

The concept of the 18 Hour City is important because the label has proven to be a good indicator of growth potential. ULI, for example, has tracked the progress of cities it designates as 18 Hour, and the data is compelling. If a city has quantifiable success attracting Millennials with a solid and growing job base, yet is more affordable than the cities from which they are migrating, it is logical to believe that it will thrive. (Formigle, 2017)

WHEN
3:30-5:30 pm at the Taft Center at Fountain Square
2nd Thursday, every other month, 2019

  • January 10
  • March 14
  • May 9
  • July 11
  • September 12
  • November 14

TOPICS
January 10: Workforce
Messer Construction, Uptown Workforce Development Initiative

March 14: Reinventing Contemporary Entertainment
North American Properties, Newport on the Levee

May 9: Opportunity Zones: Seeking Practical Applications
Simon Sotel, Vice President, Community Development, PNC Bank
J. Christopher Coffman, Member, Frost Brown Todd LLC
Justin Vanderglas, CPA, Manager, Clark Schaefer Hackett CPAs & Advisors
Chris Wimsatt, Management Analyst, City of Dayton

July 11: Leading Edge Cargo Hubs
HGC Construction, Wilmington Air Park

September 12: Innovation in Retail
Phillips Edison & Company, Emerging Trends

November 14: The Series in Review
Updates on Reputation Score, Housing, et. al

PRICING
Members: $30/Session or $145/Series
(Tickets are transferable)

Non-Members: $50/Session or $240/Series

Space is limited to 50 participants to encourage robust interaction. Members and those purchasing the Series will be given preference.

Brought to you by ULI Cincinnati Committee for Mission Advancement.

Click here to view a list of attendees.

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