Opportunity Zone Designation Could Help These Santa Ana Projects Get Off The Ground

(BisNow)

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Santa Ana-based developer Caribou Industries has tabbed Lee & Associates to find a joint venture equity investor in the company’s ongoing efforts to build Orange County’s tallest skyscraper and redevelop the former home of the Orange County Register newspaper in Santa Ana.

Caribou CEO Mike Harrah is pitching potential investors that the proposed 37-story One Broadway Plaza in downtown Santa Ana and the 20-acre mixed-use 625IVE project at the former Orange County Register site, just off the Interstate 5 freeway, are each in designated opportunity zones.