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Opportunity Zones

Opportunity Zone Investment Database

Do you have a business and/or property located within a City of Wichita Opportunity Zone that you are seeking additional investment for?

Would you like that business and/or property to be listed in the City of Wichita's Opportunity Zone Investment Database?

Fill out the OZI Database Application

Qualified Opportunity Fund

Are you interested in establishing a Qualified Opportunity Fund?

Fill out the QOF Application

Featured Opportunity Zone Projects

Time is of the essence for investors to fully take advantage of Opportunity Zone tax incentives!

Do you have a Qualified Opportunity Fund and would like to invest in one of our Featured Opportunity Zone Projects located in the City of Wichita?

Fill out the FOZP Application

Are You Looking to Maximize Your Return on Investment in a Business and/or Property Located in the City of Wichita?

Is Your Business or Property Located in a Qualified Opportunity Zone?

If so, there can be significant tax savings realized for investors with access to capital gains who are focused on business ownership and/or long-term real property ownership within one of the City of Wichita’s 5 Qualified Opportunity Zones!

If you or your investors have capital gains dollars available to deploy within one of Wichita’s Opportunity Zones, through the utilization of a Qualified Opportunity Fund (QOF), business and real estate investors can realize the following tax benefits:

  • Temporary deferral of taxes on previously earned capital gains. Opportunity Zone Investors can place existing assets with accumulated capital gains into Qualified Opportunity Funds. Those existing capital gains are not taxed until (at the earliest) the end of 2026 or when the asset is disposed of.
  • Basis step-up of previously earned capital gains invested. For capital gains placed in Qualified Opportunity Funds for at least 5 years, investors’ basis on the original investment increases by 10 percent. If invested for at least 7 years, investors’ basis on the original investment increases by 15 percent.
  • Permanent exclusion of taxable income on new gains. For investments held for at least 10 years, investors pay no taxes on any capital gains produced through their investment in Qualified Opportunity Funds.

Where are the Opportunity Zones located within the City of Wichita?

There are 9 census tracts that make up the 5 Opportunity Zones within the City of Wichita.

  1. Downtown Wichita
  2. South Wichita
  3. South East Wichita
  4. North East Wichita
  5. North Wichita

Learn more about each of the City of Wichita's Opportunity Zones!

​Development and Investment Opportunities

(click on an image for more information)

17th and Hillside

South Broadway Corridor

North Broadway Corridor

WindSurge Stadium

Downtown Wichita

Arkansas River East and West Bank (Downtown Riverfront)