COLORADO OPPORUNITY ZONES

Discover Opportunity Zones in Grand Junction

Opportunity Zones were added to the federal tax code by the Tax Cuts and Jobs Act in December 2017. An Opportunity Zone is a federally designated region where certain new investments may be eligible for preferential tax treatment. The goal is to spur economic development and job creation by providing tax benefits to investors. There are seven Colorado Opportunity Zones in Colorado’s Grand Junction area, located mainly near Downtown Grand Junction and Powderhorn Mountain Resort on the Grand Mesa.

Real Estate Opportunity:
The Riverfront at Las Colonias Park

The Riverfront at Las Colonias Park in Grand Junction is a 140-acre property, including a mixed-used business park with seven shovel-ready pad sites along the Colorado River near Downtown Grand Junction. The business park is located within a federally designated Opportunity Zone and is designed with a focus on wellness, community, and outdoor access.

The commercial business park features attractive amenities nearby, including a 4,000-person capacity amphitheater, a botanical garden, a river park, and a zip line. This unique location is surrounded by public parks and a paved path that leads to world-class mountain bike trails.

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Why should I steer in this direction?

Receive tax advantages immediately & over the long-term: When investors reinvest their realized capital gain (from selling an appreciated asset) into an Opportunity Zone, they can defer and reduce the realized capital gains on the principal invested. The longer they hold the investment, the greater the reduction.

Investors can pool their money into Opportunity Zone Funds established by local fund managers: Grand Junction’s Rosecap Investments has established one of Colorado’s first Opportunity Funds.

Blog & Latest News

Morgan Mining to Expand in Grand Junction, Creating Up to 893 New Primary Jobs

Morgan Mining to Expand in Grand Junction, Creating Up to 893 New Primary Jobs

Today, Governor Polis, the Global Business Division of the Colorado Office of Economic Development
and International Trade (OEDIT), and the Grand Junction Economic Partnership (GJEP) announced that
Morgan Mining, a leading interdisciplinary construction, mining, engineering, and management firm has
selected Grand Junction, CO for expansion. The company is projected to create up to 893 new primary jobs
over an eight-year period and received approval for the Job Growth Tax Incentive, valued at up to $10,890,875
in eligible tax credits, contingent on job creation and salary requirements.

Amazon’s Grand Junction Last-Mile Facility: A Milestone for Western Colorado 

Amazon’s Grand Junction Last-Mile Facility: A Milestone for Western Colorado 

Local leaders and community members gathered at 800 Saccomanno Road to celebrate the Grand Opening of Amazon’s new last-mile delivery facility in Grand Junction, Colorado. The state-of-the-art, 38,000 square foot facility marks Amazon’s first major expansion into the Western Slope, signaling a new era of economic growth, job creation, and logical efficiency for the region.

The milestone investment goes beyond getting packages to Mesa County residents more quickly and efficiently—it opens the door to new employment opportunities and impact locally.

A New Star Arises: Discover Asteria Theatre at Colorado Mesa University

A New Star Arises: Discover Asteria Theatre at Colorado Mesa University

Two things have united humanity since the beginning of civilization: the stars above and the stories we share. Colorado Mesa University is bringing these timeless elements together with its new state-of-the-art Asteria Theatre, which celebrates creativity, connection, and discovery.

Located on the university’s campus, the 860-seat theatre supports CMU’s music and theatre arts curriculum and has all the amenities required to support traveling Broadway productions, boasting the largest stage between Denver and Salt Lake City.

QuikrStuff: Built for Adventure, Made in Grand Junction

QuikrStuff: Built for Adventure, Made in Grand Junction

QuikrStuff: Built for Adventure, Made in Grand Junction What does it take to build a game-changing product? For QuikrStuff, the answer includes innovation, resilience, and a commitment to crafting high-quality products from their home base in Grand Junction,...