Spurring the growth of the ARTS DISTRICT is the underlying Opportunity Zone (OZ) designation to which many local entrepreneurs are utilizing unique advantages. For Qualified Businesses that are located in a Qualified Property (AVA Arts District is this designation), their investors are able to obtain tax benefits on capital gains invested into the qualified opportunity fund. As such the ARTS DISTRICT has a unique attraction for founders, start-ups, HQ relocations and entrepreneurs alike (Qualified Businesses) to establish businesses in the area to capitalize on the OZ benefits as their companies grow.