Your new destination for all things Opportunity Zones
The National Opportunity Zones Marketplace is a new resource for individuals and organizations interested in working closely on equitable development in Opportunity Zones across the country. Through the Marketplace, Smart Growth America is connecting equitable development projects and businesses with a national network of responsible developers, investors, and local leaders to bring their vision of a healthy, prosperous, and livable place to life.
The Marketplace serves dual purposes: 1) it promotes smart growth business and real estate opportunities, and 2) allows anyone to connect with other professionals to share ideas and pursue projects in markets of mutual interest.
Further, the Marketplace is a chance for Opportunity Zone and other equitable development projects that subscribe to Smart Growth America and LOCUS’ triple-bottom-line vision to be broadcast to a wide network of social impact developers, investors, and professionals who are looking for projects and for places to park their patient capital.
The National Opportunity Zones Marketplace is powered through OppSites and anyone can create a free profile.
Frequently Asked Questions
At Smart Growth America and LOCUS, we believe that information and knowledge sharing, transparency, and peer learning and deal making are important strategies for empowering Opportunity Zone communities to direct smart, equitable investment to their neighborhoods, properties, projects, and businesses. The Marketplace is a tool for communities with a commitment to livability, affordability, and walkability to connect with like-minded developers and investors. This is a tool for empowering communities and encouraging responsible Opportunity Zone growth.
To join OppSites, click “Join” in the upper righthand corner of the homepage. You will be directed to make a profile through LinkedIn, email, or Facebook. Once you have created a profile, you can update your profile photo, add a banner, and fill in personal or organizational expertise and experience. You can then join “place networks” and follow academy members and other users by clicking the follow button on their profiles.
The video tutorials below will help guide you in creating your profile.
The National Opportunity Zones Marketplace features LOCUS members and participants in Smart Growth America and LOCUS’ National and Massachusetts Opportunity Zones Academies.
Anyone can join OppSites and follow the Marketplace.
The National Opportunity Zones Academy participants are: Seattle, Miami and Miami-Dade County, New Orleans, Norfolk, Pittsburgh, Chicago, and Boston. The Massachusetts Opportunity Zones Academy participants are: Barnstable, Yarmouth, Greenfield, Montague, Salem, and Fitchburg. LOCUS members support triple-bottom-line development and participate in the national coalition. Join LOCUS.
The Academy communities will use the Marketplace as a dealmaking, networking, and general education and learning platform. Each Academy participant and LOCUS member will have a unique Marketplace profile that outlines key community or company information, conveys their Opportunity Zone and equitable development vision, and outlines shovel-ready projects, real estate and business concepts, and requests for information or proposals.
Other local governments outside of Smart Growth America’s Opportunity Zones Academies and LOCUS’ membership are invited to create an OppSites profile and follow the Marketplace/Smart Growth America. Your OppSites profile will allow you to post your own project opportunities and connect with Marketplace members and other OppSites users. By following the Marketplace, you will receive alerts when Smart Growth America features a project.
Social impact developers and investors are invited to create an OppSites profile, follow the Marketplace/Smart Growth America, and join “place networks” in which they are interested in pursuing Opportunity Zone and equitable development work. Your OppSites profile will allow you to post your own project opportunities (if applicable) and connect with Marketplace members and other OppSites users. By following the Marketplace, you will receive alerts when Smart Growth America features a project and by following a specific place, you will receive alerts when there is activity within that network.
Opportunity Zone businesses are invited to create an OppSites profile, follow the Marketplace/Smart Growth America, and join “place networks” in which they are interested in pursuing Opportunity Zone business activity. Your OppSites profile will allow you to post your own business and project opportunities and connect with Marketplace members and other OppSites users. By following the Marketplace, you will receive alerts when Smart Growth America features a project or business and by following a specific place, you will receive alerts when there is activity within that network.
Smart Growth America will feature projects on the Marketplace that demonstrate a commitment to achieving both immediate and long-term equitable development outcomes. This includes, but is not limited to: providing attainable housing options and housing choice, building and investing near transit, creating employment, educational, or entrepreneurial opportunities, and contributing to infrastructure or other local improvements.
When a project is featured by Smart Growth America, it will appear on the Marketplace homepage, under the “Featured National OZ Academy Project Opportunities.” This is one of the first sections that visitors to the Marketplace will see and links will direct users to featured projects’ individual profiles.
More questions? Contact Tola Myczkowska