Braun nominates downtown Columbus for Opportunity Zone, advancing Downtown 2030 redevelopment plans
Gov. Mike Braun nominated downtown Columbus’ Census Tract 101 as an Opportunity Zone under the U.S. Treasury’s Opportunity Zone 2.0 program. Treasury must certify the nomination before the designation would take effect on 2027-01-01; the city says the designation is tied to Downtown 2030 implementation.
Gov. Mike Braun nominated downtown Columbus — Census Tract 101, which comprises all of downtown Columbus — for designation as an Opportunity Zone under the U.S. Department of the Treasury’s Opportunity Zone 2.0 program. The article says the Treasury must certify nominated tracts before any designation takes effect on Jan. 1, 2027.
City officials linked the nomination to the Columbus Downtown 2030 implementation phase, saying the designation could open additional private capital to support projects such as new housing, a hotel and redevelopment around western Fourth Street (including the former Sears building and adjacent parking lot). The Indiana Economic Development Corporation reported Indiana nominated 126 census tracts statewide for the cycle.
BusinessIndy examines this development and its implications for Indiana businesses and communities using the linked sources.
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