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Opportunity Appalachia

https://appalachiancommunitycapitalcdfi.org/oa-program/

Ohio, Virginia, West Virginia

14 Public Projects

Opportunity Appalachia has a portfolio of 16 projects in OZs in Central Appalachia, designed to bring jobs, business support, and investment to hard-hit rural communities. These projects propose to create over 1,800 jobs and attract over $235M in financing to develop manufacturing facilities, downtown development, tech business, agricultural facilities, hotels, broadband deployment, and retail enterprises.

These projects are particularly important at this challenging time as local economies look to rebound from the Covid economic downturn. Opportunity Appalachia will work closely with both private investors and Federal agencies that have prioritized support for Opportunity Zone (OZ) communities, an essential component of our national economic recovery.

Opportunity Appalachia has been recognized as a leading OZ Catalyst by Forbes in The Forbes OZ 20: Top Opportunity Zone Catalysts. This selection was made through a partnership between the Sorenson Impact Center and Forbes recognizing community organizations and OZ Funds that are committed to achieving equitable economic growth in underserved communities.

Projects

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Showing 14 projects:

Funded

Bristol, VA

Micronic / Tornadic One-Pass™

Market Price

Billions of gallons of industrial water are used daily, with >90% of it not reused. Driven by enviro...

Business
6 - 12 months
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Huntington, WV

Prichard Revitalization

Market Price

Cornerstone CDC has partnered with Winterwood Development to completely restore the historic Hotel P...

Development
6 - 12 months
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Charleston, WV

Staats Building

Market Price

30,000 sq. ft. mixed use historic building, 10,000 sq. ft. of retail, 16 apartment rentals. A ke...

Development
Next 6 months
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Galax, VA

Vaughan Furniture Building

Market Price

The mixed-use redevelopment of this anchor building will create a vibrant new landmark destination f...

Development
Next 6 months
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Youngstown, OH

20 Federal Place

Market Price

Built in 1926 as a luxury department store by Strouss-Hirschberg Company, this 332,000 building occu...

Development
6 - 12 months
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Struthers, OH

Green Industrial Manufacturing Ecosystem (GIME)-Phase 1

Market Price

Green Industrial Manufacturing Ecosystem (GIME) was founded in 2020 to create a regional ecosystem i...

Development
Next 6 months
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Chillicothe, OH

"Preservation Hall" - A Historic Canal Warehouse Building

Market Price

The Canal Warehouse is a historic warehouse at the intersection of Main and Mulberry Streets in down...

Development
6 - 12 months
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Bristol, VA

Bristol Sports / Multi-Use Facility

Market Price

The proposed 90,000 square foot facility will be home to a variety of indoor sports and community pr...

Development
Next 6 months
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Elkins, WV

Tygart Hotel

Market Price

The former grand hotel of Elkins built in 1907, Woodlands acquired the historic Tygart Hotel in 2018...

Development
Next 6 months
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Huntington, WV

Thundercloud Fiber Network and Data Center - Phase 1 Cabell County

Market Price

Thundercloud, Inc. is looking for impact investors to spur economic development in the nine-county r...

Business
Next 6 months
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Bluefield, VA

Mount Terra: Virginia Ave Warehouse

Market Price

This project is to renovate/preserve a historic 1900’s warehouse located on main street Bluefield VA...

Development
12+ months
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Fries, VA

Blue Ridge Plateau Initiative: NEO SPF - Specific Pathogen Free Sheep Production

Market Price

For 15 years, New England Ovis (NEO) has set the gold standard for producing SPF sheep, verified fre...

Business
Next 6 months
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Bluefield, VA

Mount Terra: Logan Suites

Market Price

This project is to renovate a historic school building located on in downtown Bluefield VA, into a s...

Development
6 - 12 months
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McConnelsville, OH

22 Loft-Style Apartments

Market Price

Construct 22-loft style apartments on the 2nd and 3rd floor of the Citizens National Bank Building/S...

Development
6 - 12 months
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