Opportunity zones: New federal tax break could make Franklinton development even hotter

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America's oldest Harley Davidson dealership delayed plans for a 2017 expansion in Franklinton to take part in a new federal tax break that cements its future in a reviving neighborhood. A.D. Farrow Co. is building a 10,000-square-foot addition on a parking lot next to to its 15,000-square-foot showroom at 491 W. Broad St. The site is in a federal opportunity zone, a savings on capital gains taxes inserted in the 2017 tax-cut law to encourage property and business investment in neighborhoods with…
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Opportunity zones: New federal tax break could make Franklinton development even hotter

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