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Opportunity Zone Marketing

Description/Goal

Partner with Downtown Davenport Partnership and QC First on the development of a prospectus and associated marketing materials for the federal opportunity zone program.

Current Update

The Davenport and Quad City Region Opportunity Zone Prospectus is now complete. This marketing piece highlights the advantages and opportunities within Davenport opportunity zones for investment and economic growth. The prospectus was reveals at an area stakeholder meeting in August.The first development utilizing opportunity zone tax credits in Davenport was recently approved for Merge Urban Development for a residential complex located on a City owned lot adjacent to the RiverCenter.  

Previous Status

Davenport, along with the Downtown Davenport Partnership have been working with the Quad Cities Chamber of Commerce in creating a Marketing Prospectus. A preview of this prospectus was shown to city staff on June 26th, 2019. The prospectus is turning out to be a beautiful marketing piece that will highlight the advantages and opportunities within Davenport for investment and economic growth and improvement. The QC Chamber expects to have the prospects completed by early August 2019, with a reveal luncheon for stakeholders tentatively scheduled for late August 2019.

Operational Pillar: Fiscal Vitality

Council Goal: N/A

Project Leader: Goslowsky/Berger

Target Completion: 4Q-19

Progress: 100%
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