Historically known for ranching, agriculture and small tourism-driven towns, the region has undergone significant transformation over the past several decades as Austin and San Antonio have expanded. Today, the corridor connecting the two cities along Interstate-35 is evolving into one of the most dynamic growth regions in the United States. The Austin–San Antonio corridor is projected to reach between 6 and 7 million residents by 2030, creating a powerful economic and demographic engine across Central Texas.[1]

That growth is especially visible in cities such as New Braunfels, which has evolved from a historic river town into one of the fastest-growing cities in the United States. The city’s population grew from approximately 70,000 residents in 2017 to nearly 93,000 by 2022, and estimates suggest the population could exceed 128,000 by 2026, representing dramatic expansion within less than a decade.[2]^, [3] Positioned along the I-35 corridor between Austin and San Antonio, New Braunfels continues to attract new residents seeking a high quality of life, relative affordability and proximity to major employment centers.

Further west, Fredericksburg represents another example of the Hill Country’s economic evolution. Long known for its German heritage and small-town charm, Fredericksburg has become the center of Texas Wine Country, growing from just three wineries in the 1970s to more than 80 today and attracting more than three million visitors annually.[4] This tourism growth has fueled broader investment in hospitality, retail and residential development across the surrounding region.

These economic and population trends align closely with rising demand for active-adult housing. As baby boomers continue to retire and relocate to lifestyle-oriented destinations, communities that offer low-maintenance homes, wellness amenities and social engagement are becoming increasingly attractive. The Hill Country’s wineries, golf courses, outdoor recreation and mild climate make it particularly appealing to retirees seeking an active lifestyle.

Taken together, the region’s strategic location between two booming metros, its decades-long population expansion and its growing lifestyle appeal create a compelling investment case. For real estate investors seeking long-term demographic tailwinds and high-growth markets, active-adult communities in Texas Hill Country represent a particularly attractive opportunity in 2026.

Disclosure: Securities offered through WealthForge Securities, LLC, Member FINRA/SIPC. Capital Square and WealthForge Securities, LLC are separate entities. There are material risks associated with investing in DST properties and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short-term leases associated with multifamily properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, returns and appreciation are not guaranteed. IRC Section 1031 is a complex tax concept; consult your legal or tax professional regarding the specifics of your particular situation. This is not a solicitation or an offer to see any securities. Please read the Private Placement Memorandum (PPM) in its entirety, paying careful attention to the risk section prior to investing. Diversification does not guarantee profits or protect against losses. Private placements are speculative.

[1]  The Greater Austin-San Antonio Corridor Council, TheCorridor.org/about – Accessed March 2026.

[2]  Eric Weilbacker, “New data shows population, median income growing in the New Braunfels area,” CommunityImpact.com, December 13, 2023 – Accessed March 2026.

[3] “New Braunfels,” WorldPopulationReview.com – Accessed March 2026.

[4] Eater.com, May 22, 2025 – Accessed March 2026.

The post Texas Hill Country’s Growth Story: A Rising Opportunity for Active-Adult Real Estate appeared first on Capital Square - Raising capital, buildings and expectations.

Richmond is not only a strategic Mid-Atlantic location along the East Coast. It is one of “America’s Best Places to Live,” as well as the capital of Virginia, one of the “Best States for Business.”

It’s also Capital Square’s hometown, a place where we have built developments that capture the city’s authentic artistry and creative style, partnered with local businesses to build the future for vibrant neighborhoods and communities, and created dramatic impact with our philanthropic initiatives.

Why do we love to invest, build and manage in Richmond?

• RealPage named Richmond, Virginia the #1 U.S. market for rent growth in 2024. Forecasted to outperform 178 other cities, the real estate fundamentals of Richmond are gaining attention.
• Richmond’s cost of living is neary 6% below the national average, according to the Greater Richmond Partnership (GRP) and the Council for Community and Economic Research’s Cost of Living Index.
• Richmond’s population is expected to increase over 10% between 2020 and 2030, as projected by the GRP and Chmura Analytics JobsEQ. Lower costs of living and tremendous job opportunities are leading factors of this in-migration.
• Richmond and its surrounding counties have already added over 52,000 people between 2020 and 2024.
• Virginia’s capital city is home to 12 Fortune 1000 headquarters. Moreover, major national and international corporations have recently opened significant operations in the greater Richmond region, including Google, LEGO, Meta, Amazon, CoStar and Eli Lilly.
• Richmond was named among the “Best U.S. Cities for HQ Projects,” by Site Selection Magazine in 2024.
• Richmond, Virginia is becoming Washington, D.C.’s sister city. Just 100 miles south, Richmond is an easy commute to Washington, D.C. Plus, while D.C.’s average rent is $2,356, Richmond’s average is $1,458 with an average apartment size 13.45% larger.
• USA Today named Richmond the #2 city in the U.S. for street art in 2024. This follows their declaration of Richmond’s arts district as the 8^th best arts district in the U.S. From the Virginia Museum of Fine Arts to the vibrant murals across the city, Richmond’s creative culture is on proud display.
• Richmond is the only city in America with whitewater rapids cutting through its downtown district. In addition, the James River ranked as the 9^th best urban kayaking spot in the U.S.
• The River City ranked among “Best U.S. Cities for a Health Lifestyle” by Coworking Café in 2025.
• Richmond is among the Top 10 “Most Interesting Food Scenes Across the Country,” according to USA Today.

Which Capital Square investment offerings are open in Richmond, Virginia?

• CSRA Opportunity Zone Fund IX, LLC – Capital Square’s newest OZ fund supports this striking mixed-use development in the amenity-rich Scott’s Addition neighborhood. Approximately one-third of this community’s 320 units are expected to be furnished apartment hotel units, meeting an unanswered need in this vibrant neighborhood.

Which Capital Square developments are already fully operational in Richmond?

• Chasen – Opening its doors this winter, this exciting 352-unit, Class A multifamily development is already turning heads.
• The Otis – “2024 Multifamily Development of the Year,” according to CoStar.
• Scott’s Collection – A trio of mixed-use multifamily developments that achieved the highest rental rate on a per square foot basis in all of Richmond.

What properties does Capital Square manage in the Richmond region?

• Canopy at Ginter Park Apartments
• Tapestry West
• Trails at Short Pump Apartments
• Flats at West Broad Village
• 2000 West Creek Apartments
• Artistry at Winterfield Apartments
• Sapphire at Centerpointe
• Hunters Chase Apartments
• Livingston Apartment Flats
• Wellington Place
• Lawndale Farms Apartments

Richmond, Virginia is our hometown, but it’s also a city we greatly believe in. Some call it “the River City” or “RVA.” We call Richmond a Sun Belt city with powerful potential.

At Capital Square, we invest; we build; we manage. We raise capital, buildings and expectations. This is how we build the future of real estate, and this is how we build the future of Richmond.

Contact our team today to learn more.

Disclosure: Securities offered through WealthForge Securities, LLC, Member FINRA/SIPC. Capital Square and WealthForge Securities, LLC are separate entities. There are material risks associated with investing in DST properties and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short-term leases associated with multifamily properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, returns and appreciation are not guaranteed. IRC Section 1031 is a complex tax concept; consult your legal or tax professional regarding the specifics of your particular situation. This is not a solicitation or an offer to see any securities. Please read the Private Placement Memorandum (PPM) in its entirety, paying careful attention to the risk section prior to investing. Diversification does not guarantee profits or protect against losses. Private placements are speculative.

The post Building the Future of Richmond™ appeared first on Capital Square - Raising capital, buildings and expectations.

Discover the transformation:

Opportunity zones developments like these are one of our specialties, delivering significant economic impact to local communities while targeting the legacy-building goals of investors.

Contact our team to continue the tax-advantaged real estate investment conversation about qualified opportunity zone funds and more.

Disclosure: Securities offered through WealthForge Securities, LLC, Member FINRA/SIPC. Capital Square and WealthForge Securities, LLC are separate entities. There are material risks associated with investing in DST properties and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short-term leases associated with multifamily properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, returns and appreciation are not guaranteed. IRC Section 1031 is a complex tax concept; consult your legal or tax professional regarding the specifics of your particular situation. This is not a solicitation or an offer to see any securities. Please read the Private Placement Memorandum (PPM) in its entirety, paying careful attention to the risk section prior to investing. Diversification does not guarantee profits or protect against losses. Private placements are speculative.

The post Building the Future of Richmond’s Scott’s Addition appeared first on Capital Square - Raising capital, buildings and expectations.

Along with its surrounding suburbs – locales like Glendale, Scottsdale, Gilbert, Chandler, and Mesa – Phoenix is seeing significant population growth in connection with these increased job opportunities.

Moreover, where there is job growth, housing demand follows. Phoenix was recently named the #2 major U.S. metro market for rental demand, according to analysis from RealPage.

This leads us to Capital Square’s development initiatives. At the foundation of every Capital Square acquisition and development is the property’s market. Cities that have demonstrated successful growth and booming future potentials are of special interest in our data-driven market selection process. The greater Phoenix area meets exactly the criteria we pursue.

Build-for-rent (BFR) developments have become a strategic focus of Capital Square. This unique asset class creates rental housing for growing families often stretched beyond the limitations of traditional apartment communities. While a housing crisis exists in much of the United States, single-family rentals are a unique demand. Combining population shifts to the region and the gap of needed rental homes, we see great potential in BFR development in the Phoenix area, specifically in the suburb of Glendale.

Glendale, Arizona blends historic charm with the nation’s finest in sports, shopping, dining, the arts and stunning outdoor beauty. It’s a city with a strong track record and extraordinary possibilities.

At Capital Square, we invest and develop in gateway, secondary and tertiary markets, sponsoring investments with potential returns designed to satisfy investors’ specific goals. “Job hot spots” and cities with booming in-migration are locations we watch closely, and we’re thrilled to increase our presence in the Phoenix area.

Discover more about our DST, OZ fund, development fund and REIT investment opportunities, then contact our team or your registered representative.

Disclaimer: Securities offered through WealthForge Securities, LLC, Member FINRA/SIPC. Capital Square and WealthForge Securities, LLC are separate entities. There are material risks associated with investing in DST properties and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with multi-family properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, returns and appreciation are not guaranteed. IRC Section 1031 is a complex tax concept; consult your legal or tax professional regarding the specifics of your particular situation. This is not a solicitation or an offer to see any securities. Please read the Private Placement Memorandum (PPM) in its entirety, paying careful attention to the risk section prior to investing. Diversification does not guarantee profits or protect against losses. Private placements are speculative.

The post Phoenix Rising: Job Growth & Booming Build-for-Rent (BFR) Demand appeared first on Capital Square - Raising capital, buildings and expectations.

When planning new projects, incorporating public art isn’t an afterthought. It is essential for thoughtfully integrating into the communities that we serve. At each of our buildings in historic Scott’s Addition, we have dedicated space that showcases the talent of our local art community and further contributes to the neighborhood – a vibrant, walkable district packed with artisans, restaurants, breweries, and local small businesses.

When the latest crane rose over Scott’s Addition, we saw not only another opportunity for public art, but an opportunity to further engage with the community where we live and work. The installation “Rings of Saturn” will be on display through most of 2024 while the crane is in operation to construct 2922 W Marshall Street, a three-building mixed-use multifamily development.

The project will be a further reflection of Capital Square Development‘s mission: to execute high quality, placemaking development projects that serve the communities in which they reside.   

Staying true to the identity of the community has been at the heart of every development initiative in Scott’s Addition – just as understanding the local fabric has been essential in Charleston, South Carolina; Raleigh, North Carolina; Steamboat Springs, Colorado; and every other Capital Square development project. 

Artists we have featured within our Richmond developments include:

The Night Owl, VIV at Scott’s Collection

Mickael Broth, also known as the Night Owl, painted alongside internationally renowned graffiti artists for the first RVA Street Art Festival over ten years ago in Richmond. Since that time, not only has Virginia’s capital city exploded with public art, but local artists have earned their reputation on a global scale.

In addition to his work across and within VIV (as pictured above), the Night Owl has painted over two hundred public murals throughout the United States and Europe. His book, Murals of Richmond, documents the street art explosion in the city, and our Capital Square team is honored to have this artist’s work in the spotlight.

Thicket Design, INK at Scott’s Collection

Naomi McCavitt, the artist behind Thicket Design, has worked as both scientific illustrator and surface designer. From these dual inspirations comes artwork both accessible and stunningly serene. Her creative projects have been showcased in Richmond, San Francisco, Miami, Chicago and Seattle, while her years spent designing nature-based illustrations for the Virginia Department of Game and Inland Fisheries have their own legacy in her Audubon-esque attention to detail.

Thicket Design’s work on and around INK, which includes a lobby mural and a multi-story exterior façade mural (seen above), infuses this once-industrial neighborhood with ecology and a reconsideration of what is worthy of our attention. The visual weight of her compositions sparks the imagination of every passerby, lending a bold vibe to everyday experiences, an originality that spills into viewer’s imaginations.

Humble, VIV at Scott’s Collection

Christian Kyle Harrell, better known as Humble, has created art for brands from TOMS to Pepsi, but his impact on local projects has had even more profound results. Though he has lived in Richmond, Virginia for more than a decade, his phosphorescent, energy-filled large-scale art has appeared in galleries, at festivals and on walls from New York to Puerto Rico. Evoking emotion and connection, his creative works are intentional and alive.

The Richmond creative scene is captured by Humble’s work at the Richmond International Airport, but now this trademark vitality is also captured on a massive exterior façade mural at VIV (above) as well.

Vero Rivera, Gem at Scott’s Collection

Vero Rivera is fascinated by creating art that mimics nature’s innate talent “to adapt, heal and strive depending on its surroundings and experiences.” In her work, the natural world frequently intervenes, reclaiming spaces in urban environments in styles both serene and stunning. A native of Puerto Rico and an artist who has created street art and held gallery shows across the world, Vero continues to catch audiences’ attention with her ephemeral grandeur.

GEM at Scott’s Collection (above) is graced by an exterior façade mural by Vero Rivera. Our team was proud to bring such an internationally acclaimed artist back to Richmond.

Emily Herr, The Otis

Emily Herr, who creates custom hand-painted murals under the name HerrSuite, believes in embracing your space. A Richmond-based muralist specializing in bright imagery and exploring new contexts, Emily’s work captures shared experience and new archetypes alike. Her mobile studio allows her to transport everything she needs to capture her creative vision, wherever she happens to be.

Honoring the DIY community at the roots of Scott’s Addition’s history and its present day, Emily Herr’s mural on The Otis (above) is one of the largest murals in Richmond. After the revelation of the Otis murals, the stunning work was also showcased by the Richmond Times-Dispatch.

In Conclusion

When you’re building the future of a community, you need to not only build it well; you need to fully consider the unique identity of a neighborhood to cultivate everything that it is and everything that it could be.

This is how we build the future of Richmond, and this is how we build the future of real estate.

Disclaimer: Securities offered through WealthForge Securities, LLC, Member FINRA/SIPC. Capital Square and WealthForge Securities, LLC are separate entities. There are material risks associated with investing in DST properties and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with multi-family properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, returns and appreciation are not guaranteed. IRC Section 1031 is a complex tax concept; consult your legal or tax professional regarding the specifics of your particular situation. This is not a solicitation or an offer to see any securities. Please read the Private Placement Memorandum (PPM) in its entirety, paying careful attention to the risk section prior to investing. Diversification does not guarantee profits or protect against losses. Private placements are speculative.

The post Developments that Capture the Artistry & Creative Style of Richmond, Virginia appeared first on Capital Square - Raising capital, buildings and expectations.

When Gusto recently highlighted 2023’s fastest-growing cities for jobs through September 2023, we were not surprised to see some familiar locations on their list:

• Louisville, Kentucky sat in the number one spot with 2.5% growth;
• Virginia Beach, Virginia was at number two with 1.5% growth; and
• Richmond, Virginia tied for number three with 1.1% growth.

Here are three cities with tremendous multifamily potential where Capital Square has already made meaningful acquisitions, and the latest numbers reaffirm what we already recognized.

Why is Capital Square confident in the rental market in Louisville, Virginia Beach and Richmond? The latest data confirms what we’ve been watching for years.

The Latest on Richmond

The Mid Atlantic Real Estate Journal recently noted that Richmond is Virginia’s fastest growing region and that investors have taken note. The capital city, and Capital Square’s hometown, averages 28 new residents every day, making the MSA #15 in the nation for highest population growth. This growth is likely tied to Richmond’s #9 ranking as a location for corporate headquarters and corporate campuses by Business Facilities Magazine, as well as the eight Fortune 500 companies and three Fortune 1000 companies already in the city.

Numerous reasons exist for our many investment opportunities and development projects in Richmond, Virginia, and when the accolades keep coming, we aren’t surprised.

The News on Virginia Beach

Virginia ranked second in CNBC’s “America’s Top States for Business” in 2023, and cities like Virginia Beach are drivers of this impact, supporting a variety of industries and a diverse workforce. Virginia Beach also ranks among “the most desirable places to live in the U.S. in 2023-2024,” by U.S. News & World Report.

Capital Square has acquired several multifamily communities in Virginia Beach, also recognizing the strong market fundamentals of this live, work and play city.

What’s New in Louisville?

A recent article in Southeast Real Estate Business magazine titled “Investors Target Louisville as Multifamily Market Outperforms Expectations” focuses on updated micro and macro market data, including Louisville’s status as one of the most affordable markets in the nation. This Kentucky city, famous for its bourbon and thoroughbreds, is a little-known gem we’ve had our eye on for a while at Capital Square. That’s why we have multiple properties in the area, including an open investment offering.

Furthermore, Louisville’s recent population growth and decreasing tax rates, are signs that this real estate market has longevity.

Multifamily Investments Prosper in Strategic U.S. Markets

Beyond the latest data on Richmond, Louisville and Virginia Beach, CRE Daily notes The American Federation of International Real Estate (AFIRE)’s recent prediction that the appeal of multifamily’s stable returns will be an increasing draw for investors in a challenging market. In addition, Realtor.com’s Chief Economist Danielle Hale recently noted that renting is more economical than buying in nearly all major U.S. markets.

Considering high occupancy rates, ongoing rent growth and the ongoing shortage of housing, the fundamentals of multifamily are robust – especially in thoughtfully chosen U.S. markets.

We have our eyes on many cities in the Southeast and across the Sun Belt. Our selection criteria remains systematic and conscientious, as we continue to raise capital, buildings and expectations – always with investors first.

The post Industry Analysts Echo Capital Square’s Data-Driven Market Selections appeared first on Capital Square - Raising capital, buildings and expectations.

The trend of “sister cities” isn’t a new one. Los Angeles has Bakersfield; Denver has Colorado Springs; Dallas has Fort Worth; Seattle has Tacoma; Phoenix has Tucson. Now, Washington, D.C. has Richmond, and this trend is expected to hold for the long term.

The average number of transplants from Northern Virginia (Washington, D.C. suburbs) to Richmond increased 36% during 2021 and 2022, compared to the range between 2010 and 2019. Train ridership between the two cities also increased 26% from July 2019 through July 2022.

Inflation and cost-of-living increases have become a massive burden on households. Prices for shelter alone increased 7.9% between January 2022 and January 2023.¹ Yet while D.C.’s average rent is $2,356, Richmond’s average is $1,458 – and Richmond’s average apartment size is 13.45% larger.²

Yet not only is Richmond an easy commute to Washington, D.C. This mid-sized city is a world-class place to live, work and play all on its own.

Richmond, Virginia is one of our nation’s oldest cities, yet it is modern and vibrant. It’s the #10 Arts District in the U.S. and has become known as one of the South’s top food destinations.

Over 10 Fortune 1000 companies have their headquarters in Richmond, including: 

• Dominion Energy
• Altria
• Owens & Minor
• Markel
• Arko
• Genworth
• CarMax
• Performance Food Group
• ASGN
• Universal (tobacco)
• NewMarket
• Brink’s

Numerous national and international corporations have recently relocated to the greater Richmond region, including:

• Amazon
• CoStar
• LEGO
• Mondelez International (Oreo & Ritz)
• Plenty (“the world’s largest indoor vertical farming campus”)
• Meta (Facebook)

It’s no surprise why workers in Washington, D.C. and across the nation are relocating to call Virginia’s capital their new home. Richmond is not only the fastest growing region in Virginia; it’s also seen the 15^th highest population growth in the nation, among cities with 1 million or more people.

What does this mean for investing in Richmond real estate and how Capital Square is building the future of Richmond? Learn more about our latest open offerings, or contact our team to learn more.

¹ U.S. Bureau of Labor Statistics, February 16, 2023

²  ibid.

The post Richmond, Virginia: Washington D.C.’s New Sister City and So Much More appeared first on Capital Square - Raising capital, buildings and expectations.

The New York Post recently named Louisville, Kentucky as one of the top ten cities for rent growth (an increase of 17.5% between September 2021 and September 2022), and this was followed by Realtor.com elevating the city to its #3 rental market for growth by the start of 2023. By the second quarter of 2023, Louisville, Kentucky had the highest rental occupancy rate in the nation, with rent growth continuing far above average (7.5% through April 2023).

Louisville has been named among the top ten places to live in the country, but the attention comes from more than just the city’s amazing park system, planned by the Father of American Landscape Architecture, Frederick Law Olmsted, who also designed Central Park in New York as well as the grounds of the Biltmore Estate and the U.S. Capitol.

Louisville has multiple schools named on the U.S. News & World Report “Best High Schools in the U.S.” Plus, the greater Louisville area includes 32 colleges, universities and other post-secondary institutions. University of Louisville leads this list, with its world-wide reputation for health and surgical science research.

Great schools, a robust arts and music scene, beautiful outdoor spaces and restaurants packed with chefs among “the best in America,” all combine to make Louisville one of a kind.

Louisville is a city in the spotlight, and Capital Square is proud to offer a Louisville real estate investment opportunity that is unparalleled.

Capital Square recently acquired its second property in Louisville, Lyric at Norton Commons Apartments. Lyric is “among the nicest properties Capital Square has ever acquired,” according to Louis Rogers, founder and co-chief executive officer of Capital Square.

We are thrilled to increase our presence in Louisville, a city we’re excited to further discover.

The post Louisville: so much more than bourbon and baseball bats appeared first on Capital Square - Raising capital, buildings and expectations.

Tennessee has no state income tax, a cost of living (COL) 17.7% lower than the national average and goods and services (G&S) 11.6% below the national average. Knoxville was ranked the #10 best city to buy a home in 2023, but over 30% of Knoxville residents are renters.² These fundamentals contribute to a compelling risk-adjusted return profile from an investment perspective. 

Multifamily rental communities, like Livano Knoxville in Capital Square’s OZ VIII, are in demand.

Discover Knoxville, Tennessee

• Corporate headquarters of Pilot Flying J, Covenant Health and Smith & Wesson
• Home to Oak Ridge National Laboratory, the largest multiprogram system in the DOE, and national defense manufacturer Y12 
• 14 million visitors annually to the Great Smoky Mountains 
• 80+ public parks 
• 33,805 students enrolled at UT Knoxville, in addition to 1,700 academic and 9,500+ administrative staff
• Home of the Women’s Basketball Hall of Fame
• Home of the Knoxville Smokies (MiLB) whose new downtown stadium is projected to open in 2025⁴

Why Opportunity Zones make sense:

With the passage of the Tax Cuts and Job Acts of 2017, each state and five U.S. territories were able to designate up to 25% of eligible census tracts as opportunity zones, resulting in nearly 9,000 active opportunity zones across the country. Designed to stimulate long-term private investments in low-income urban and rural communities nationwide, Opportunity Zones, like Capital Square’s OZ8 in Knoxville, connect private capital with economic growth – answering the multifamily rental demand across the United States.

¹ “Knoxville Market Update: Multifamily | Q4 2022,” Newmark, 2023.

² ibid.

³ “The University of Tennessee-Knoxville Factbook,” accessed March 21, 2023, https://irsa.utk.edu/reporting/fact-book

⁴ “Knoxville Market Update: Multifamily | Q4 2022,” Newmark, 2023.

The post Knoxville, an Emerging City on the Rise appeared first on Capital Square - Raising capital, buildings and expectations.