A New Beginning for Chicago’s Michael Reese Hospital

January 25, 2021

in News

The former Michael Reese Hospital site is one of the high-profile, closely watched Opportunity Zone sites in Chicago.  A new joint venture has been formed to develop the Chicago ARC Innovation Center at the location.  Please see the article below for more details.
Ashley Dillard, CCIM

Senior Director


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Opportunity Zones By The Numbers


The total number of census tracts certified as Opportunity Zones by the U.S. Treasury.


Potential unrealized capital gains eligible for Qualified Opportunity Fund investment and tax treatment.


Treasury Secretary Steven Mnuchin’s estimate of private capital that will flow into Opportunity Zones.