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
Housing Impacts Workforce Growth in Mesa County
Housing is economic infrastructure. In Mesa County, rising rent, limited inventory, and shifting affordability are creating barriers to workforce growth. Local governments and employers are responding with creative solutions including new developments and rental programs to AI-powered permitting and employer-assisted housing. Addressing the housing crisis is essential to attract and retain the talent that drives our regional economy
Talent is Currency in Economic Development
In today’s economy, talent is the true currency of growth. At the Grand Junction Economic Partnership, we’ve seen firsthand how workforce availability and quality of life are the deciding factors for companies exploring relocation or expansion. As demographic shifts challenge communities across Colorado, Mesa County is responding with collaborative talent development strategies, strong educational pipelines, and an unbeatable outdoor lifestyle. Discover how our region is building a workforce-driven economic future by investing in people, place, and purpose.
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