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Seattle’s first Opportunity Zone development breaks ground in Pioneer Square, hopes to buck ‘tax scam’ label

Tuesday, October 15, 2019.   Workers installing the image of the Canton Lofts being built in an opportunity zone in the Pioneer Square area by Nitze-Stagen.  The building behind is being demolished for the lofts.   211813

This week developers broke ground on Seattle's first Opportunity Zone development, an 80-unit Pioneer Square apartment building called Canton Lofts. And while the national program has been castigated by some as a "tax scam" with little scrutiny, local officials say the projects here will be different.

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