New Opportunity Zone regulations will take effect in March—make sure you’re prepared to hit the ground running! Brad Carney, partner at the firm of Maraziti Falcon, L.L.P. and Redevelopment Institute Advisory Board member, and Michael Taylor, President of Vita Nuova LLC, will discuss the final regulations governing the treatment of qualified opportunity zone business properties.[…]
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Apr
Apr
Join Us in Rebuilding America The global pandemic crisis has had an extraordinary impact on the American economy. Despite the challenges brought on by the crisis, this time offers a unique opportunity for the nation to redouble efforts at revitalization. We at the Redevelopment Institute are dedicated to these efforts using a multi-stakeholder, multi-disciplinary approach[…]
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Apr
Apr
As a Redevelopment Institute reader, you’re no doubt invested in the continued development and financial stability of our communities. With the health and economic challenges suddenly brought on by COVID-19, we wanted to provide some resources for those looking for ways to help. First, the Redevelopment Institute would like to highlight the efforts of Team[…]
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Apr
Apr
Kim is a senior member of Critchfield, Critchfield, and Johnston, Ltd. practicing in Mount Vernon, Ohio. Kim Chairs the Ariel-Foundation Park Conservancy. He oversaw the acquisition and redevelopment of a former PPG Glass plant into a 250 acre city park. Kim is also president of the Mount Vernon Development Company, which is a non-profit corporation[…]
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Apr
Apr
John A. Simon has been an environmental consultant for over 30 years, specializing primarily in remediation, and is a director at Gnarus Advisors. Before Gnarus, Mr. Simon worked at WSP Group, and predecessor companies acquired by WSP, and served on the US Board of Directors and Executive Committee. Mr. Simon has been editor-in-chief of the[…]
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Apr
Apr
Michael Taylor is chairman of the Redevelopment Institute. Recognized in 2019 with a “lifetime achievement award in thought leadership in brownfields”, Michael is a leading strategist in implementing redevelopments at brownfields and superfund sites. Mr. Taylor regularly serves as project manager, facilitator and key strategist working with stakeholders to sustainably redevelop projects across the country.[…]
Featured, Knowledge Center
White House Opportunity and Revitalization Council Releases Opportunity Zone Report
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Feb
Feb
The White House Opportunity and Revitalization Council recently released its one-year report on Opportunity Zones, which details actions taken over the past 12 months as well as recommendations to further strengthen the Opportunity Zone program. Comprised of representatives from federal agencies and federal-state partnerships, the Council was established in December 2018 to make efficient use[…]
12
Feb
Feb
Final regulations governing Qualified Opportunity Funds were published in the Federal Register on January 13, 2020. They will become effective on March 13, 2020 and they address two rounds of public notice and comment. Among the new provisions is the inclusion of a brownfield as “original use” that commences with the qualified opportunity fund to[…]
Knowledge Center
Redevelopment Institute Board Member Receives Lifetime Achievement Award for Brownfields Work
12
Feb
Feb
Redevelopment Institute Advisory Board member and Vita Nuova president Michael Taylor was awarded a lifetime achievement award for excellence in thought leadership at the December National Brownfields Training Conference. The Center for Creative Land Recycling (CCLR), which honored Taylor and two other brownfield redevelopment practitioners, noted that awardees are “problem solvers and innovators…whose work is[…]
26
Jan
Jan
The Treasury Department recently finalized its regulations governing Qualified Opportunity Funds. Slated to take effect on March 13th, they serve as the rules of the road for investors and developers alike. The final regulation details how investments and their resulting gains will be treated for federal tax purposes, allowing Opportunity Fund investors to understand how[…]