Opportunity Zone Program Overview
Investing in Opportunity Zones has become one of the most forward-thinking ways to combine business growth with community revitalization. For Unsinkable Hotels in Columbus, the OZ program provides both financial advantages for investors and meaningful economic benefits for the local area.
About Opportunity Zones
Opportunity Zones were established in 2017 as part of a federal initiative designed to encourage long-term investment in economically developing areas across the United States. These designated zones aim to attract investors who are willing to commit capital to projects that stimulate redevelopment, generate employment, and strengthen local economies.
Columbus, Ohio, already home to several designated Opportunity Zones, presents a prime location for such investments. Its thriving business ecosystem, consistent visitor traffic, and diverse community make it a natural fit for projects that seek to both generate returns and enhance the local landscape.
Key Benefits of Opportunity Zone Investment
Investing in Opportunity Zones provides numerous advantages for those with eligible capital gains. Among the most notable are:
Deferral of Capital Gains Tax: Investors can defer paying taxes on existing capital gains until as late as December 31, 2026 (under the current OZ program).
Potential Tax-Free Exit: When investments are held for at least ten years, any new gains realized from the Opportunity Zone project can be excluded from taxable income.
Impact Beyond Investment
The Opportunity Zone framework is not only about investor rewards. It also drives job creation, tourism, and local business growth. By investing in Opportunity Zone projects, stakeholders contribute to the redevelopment and modernization of key urban areas, aligning private interests with public progress.
Why It Matters for Unsinkable Hotels Columbus
The Titanic-themed Unsinkable Hotels fits perfectly within this vision. To be located in a Columbus Opportunity Zone, the project supports the city’s economic growth while adding cultural and tourism value. Our project aims to attract both local and international visitors, generate new employment opportunities, and stimulate activity among surrounding small businesses.
By blending financial foresight with social purpose, the Opportunity Zone program creates a win-win situation for investors and communities alike—making it the ideal foundation for projects like Unsinkable that seek to make a lasting, positive impact.
Connect with us today to learn more about what we are building and how you can invest!