Charleston, Missouri is pursuing Opportunity Zone designation to attract long-term private investment and redevelopment, hiring economic-development consultancy KBS Group to guide the effort. KBS principal Shad Burner — who also advises Cape Girardeau's six-tract bid — said the designation's federal capital-gains incentives make communities more attractive to developers. Charleston joins a widening set of southeast Missouri communities feeding the state's OZ 2.0 nomination process ahead of the fall federal deadline.
Original reporting by Sarah Whitfield for Opportunity Zone Invest, an independent OZ 2.0 research site. Facts are drawn from the primary sources cited above per our editorial standards. Nothing here is tax, legal, or investment advice.
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