Economic Development

P.O. Box 1466
Mesa, Arizona 85211-1466

20 E. Main St., suite 200
Mesa, Arizona 85201

Hours of Operation

Mon.-Thurs. 7am-6pm

closed Fridays

Contact Information

Main phone: 480-644-2398

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Opportunity Zones - NEW!

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Opportunity Zones are a federal program designed to spur community investment by providing tax benefits to investors. The City of Mesa has 11 census tracts that have been designated Opportunity Zones by the U.S. Department of the Treasury. The map below highlights these tracts within the city boundaries.

OpportunityZones_ApprovedCensusTracts ver 2

The Arizona Governor’s Office and the Arizona Commerce Authority worked with local governments, tribal communities, and counties to decide which census tracts would be submitted for consideration by the federal government. As of April 9, all of Arizona’s 168 submitted tracts became officially designated as Opportunity Zones.

For tax benefits to be received by an Opportunity Zone investor, two qualifications must be met:

 Opp zone - tax icon

  • The investment must be made via a Qualified Opportunity Fund. An Opportunity Fund is an investment vehicle that is set up as either a partnership or corporation for investing in eligible property that is located in an Opportunity Zone.
  • The investment must be derived from a gain in another investment and transferred into an Opportunity Fund within 180 days of realizing the gain.
This then allows for the investors to receive reductions on capital gains taxes relative to the years of their investment in an Opportunity Zone after 5 years.

 opp zone - pie chart icon

  • If the investment is held for a minimum of five years the taxable amount of the capital gains reinvested is reduced by 10%.
  • After holding the investment for at least 10 years the taxable amount of capital gains reinvested is reduced by 15% and no tax is owed on the appreciation.

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For more information on Opportunity Zones, please visit the Economic Innovation Group’s Fact Sheet at: You can also contact Marc Valenzuela, Economic Development Specialist at

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