Developer shows the promise of tax reform-ushered Opportunity Zones


A prime example of urban development spurred by tax reform President Trump signed in 2017 is taking shape in southern California. Newport Beach real estate developer and investment manager Primior staged groundbreaking late last month on First Harbor Plaza, a 40,000-sq.-ft. restaurant, retail, office and medical property located in one of the busiest areas of Santa Ana, south of Los Angeles. The population within a five-mile radius of the property exceeds 750,000.

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