Coliseum Area Among Four New Greensboro Opportunity Zones

Brought to you by the Rhino Times Guilford County, Greensboro, the airport and areas surrounding the county are already seeing a boatload of development in the last two decades and city leaders want to keep that development coming using everything it can – including participation is a federal Opportunity Zones program. The Greensboro Coliseum already gives people a reason to come to that part of town and, starting Jan. 1, there’ll be a new reason for investors to look at the property around it. The Coliseum area is one of four Greensboro-area census tracts that will become federal Opportunity Zones in 2027. The others take in parts of Randleman Road in south Greensboro, the industrial corridor in east Greensboro and a stretch of US 421 that reaches into Pleasant Garden and unincorporated Guilford County. The US Treasury Department announced the designations recently after NC Gov. Josh Stein nominated the North Carolina tracts.

This excerpt comes from the named source. Read the original for the full reporting.