Miles of ocean coastline, lush forests and breathtaking mountains. Waterfront villages that blend history with modern manufacturing, farms and artisan craftsmen. People with a strong work ethic and deep cultural roots.
Building a Project Pipeline
This is the Emerald Coast Opportunity Zone — a unique collaboration of five Tribal Nations, four cities, two counties and two port authorities that spans 14 federally designated Opportunity Zone census tracts.
Together, the partners of the Emerald Coast Opportunity Zone are building a deal “engine” of community driven projects that both present good investments but also create good jobs, construct affordable and high-end housing, and support innovative entrepreneurs.
The Emerald Coast Opportunity Zone is the right place for investors who measure returns not just in dollars, but also in local jobs and wealth created, people housed, and healthier environments. We look forward to working with you.
About Opportunity Zones
The Emerald Coast Opportunity Zone (ECOZ) consists of 14 Opportunity Zone census tracts designated under the federal 2017 Tax Cuts and Jobs Act. This federal law gives tax incentives to investors who invest their unrealized capital gains in qualified businesses and real estate located in Opportunity Zones through:
- Temporary deferral of capital gains taxes until 2026
- Tax reduction on capital gains (at 5 and 7 years)
- Elimination of taxes on gains from OZ investments (if held for 10 years)