19- Possible Legal Framework
Benefits of Establishing an Opportunity Zone for Harmony Life
1. Attraction of Private Capital for High-Impact Projects
Stilted construction, elevated viaducts, and ecological infrastructure involve significant additional costs.
An Opportunity Zone (OZ) offers direct incentives to investors, making innovative projects like Harmony Life more attractive in terms of profitability.
An investor who might otherwise hesitate due to environmental or financial risk can now see a concrete fiscal opportunity.
2. Bridging the Gap Between Sustainability and Profitability
Sustainable developments face higher upfront costs but offer long-term benefits.
The Opportunity Zone (OZ) framework allows these initial costs to be offset through tax incentives, making it more viable to invest in green architecture, land elevation, and minimal use of landfills.
3. Driving Innovative and Resilient Infrastructure
Investors can finance not only buildings but also green infrastructure, elevated viaducts, public elevated spaces, passive drainage systems, and more.
These components, often excluded due to lack of immediate returns, become viable thanks to OZ incentives.
4. Promoting Sustainable Housing in Urban Pressure Areas
Central Florida faces demographic pressure and uncontrolled expansion.
An OZ can facilitate the construction of affordable, eco-friendly housing in critical areas, without resorting to landfills or ecosystem destruction.
5. Strategic Value for the Region and the County
Designating the Harmony Life zone as an OZ positions the county as a national leader in urban innovation and climate resilience.
It serves as a model of smart public policy: attracting private investment, achieving environmental goals, and meeting housing demands.