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Downtown Augusta project said to be one of first under Opportunity Zone program

A project to develop a downtown Augusta building is one of the first under the new federal Opportunity Zone program, the new owners say.
The 31,500-square-foot building at 333-339 Water St. was recently bought for $195,000 by Dirigo Capital Advisors and Capital Area Properties, and is being redeveloped under the program, which provides tax cuts for developers who invest unrealized capital gains in property in the state’s Back to article

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