The Flagship Opportunity Zone Development Company is proud to announce Erie Homecoming 2019: Unlocking Capital in Legacy Cities. The event will take place on August 19th and 20th. The event is in its third year and designed to ignite purposeful discussions with former residents of Erie in addition to a nationwide network of investors and social impact organizations.
Erie is in the midst of an unprecedented era of growth and investment – one that includes over $750 million in capital investment from the private, philanthropic, and public sector. The Flagship Opportunity Zone Development Company and Erie Chamber are inviting former residents to see the multitude of real estate development projects and investment-grade start-up and operating businesses first-hand. It's an opportunity to invest in their former hometown to actualize a triple bottom line return – a return on profit, people and place.
As an exciting twist to the event, the Flagship Opportunity Zone Development Company and the Erie Chamber are partnering with national 'do-tank' Accelerator for America – a consortium of mayors, thought-leaders, urbanists, and economic development professionals from across the country committed to finding scalable solutions to economic insecurities across the country. Led by Mayor Eric Garcetti of Los Angeles, Accelerator for America has partnered on Erie Homecoming because they recognize this event can serve as a model for legacy cities across the country looking to unlock capital from various capital sources.
Erie Homecoming will showcase high-potential investment opportunities to both a network of individuals with ties to the region and to individuals and organizations entering the Erie investment market for the first time. The event – held at various locations across Erie's eight opportunity zones – will engage current residents, former residents, investors, and developers from across the country in thought-provoking presentations on Erie's unprecedented market momentum and will take visitors on site to some of the most exciting investment opportunities in the market. Further, Accelerator for America will lead interactive and dynamic discussions with attendees on the various investment ready projects and conduct workshops to help investors and developers' best understand the various economic development tools and market incentives available to make smart and economically sound investments in the Flagship city.