West Dallas Building Will Be One Of Area’s First Opportunity Zone Projects

One of Dallas’ first Opportunity Zone developments will be a new self-storage center west of downtown Dallas. Central Southwest Texas Development LLC is building the project on Lone Star Drive near Interstate 30 in West Dallas. The 141,950-square-foot self-storage center will be on a 2.4-acre site that is in one of the more than a dozen federally designated Dallas Opportunity Zones that qualify for special tax breaks. New businesses and investments in the targeted census tracts get deferred capital gains and other beneficial tax treatment. Click to read more at www.dallasnews.com.