Wednesday, June 20, 2018

Trump administration declares Rockville Pike an opportunity zone

President Donald Trump speaks with a
business owner during a press briefing on
the Opportunity Zones initiative
The Trump administration has declared downtown Wheaton, two parts of downtown Silver Spring, parts of Long Branch and White Oak, four parts of Gaithersburg - including Montgomery Village, Montgomery College's Germantown campus, and Rockville Pike (between Rockville Town Center and Twinbrook) as Opportunity Zones. Created under the 2017 Tax Cuts and Jobs Act signed into law by President Donald Trump, the zones encourage capital investment in underserved communities through federal tax incentives. The designation comes as media and business leaders express increasingly agree that Montgomery County's economy has become moribund.
Wheaton opportunity zone
Montgomery County Executive Ike Leggett said the County will launch an outreach program to notify investors of the new investment opportunities. "Creating the incentive to bring capital into communities that are currently being overlooked is just a tremendous opportunity," Ivanka Trump said at a press conference on the initiative. "And the fact that this was integrated into the tax bill, which is already proving to be so beneficial for people all over this country, is just another element as we start to rebuild those distressed communities." The tax act reduced taxes for 72% of Maryland residents.
Opportunity zones in Montgomery Village
and Gaithersburg

Rockville Pike opportunity zone

Opportunity zones in downtown Silver Spring,
Long Branch and New Hampshire Estates areas

White Oak has two of the
Trump opportunity zones

Photo courtesy


  1. An "opportunity zone" next to Woodmont Country Club? That's funny.

    1. Agreed... Maybe Trump can declare eminent domain on Woodmont Country Club property... and then Trump could buy it and turn it into a Trump golf course... maybe even "Naralago North!"

  2. Recognition by the Dotard administration is a kiss of death. You can restart your use of the term moribund.

  3. Just mention Trump's name and the butt-hurt loony leftists whine incessantly. Never fails. Always good for a chuckle.

  4. Isn't the area across from congressional plaza already being developed bigly?