Capital Square announced the topping out of Livano Knoxville, a 348-unit, class A multifamily community development located within a qualified opportunity zone in Knoxville, Tenn. The project, which is being developed in partnership with LIV Development, broke ground in June 2023, with first move-ins anticipated in spring 2025.
“Livano Knoxville is Capital Square’s eighth opportunity zone fund. By investing in the fund, investors are able to defer and exclude their capital gains from the sale of any asset,” said Louis Rogers, founder and co-CEO at Capital Square. “By creating jobs and tax revenue, Livano Knoxville is satisfying the legislative intent of the opportunity zone legislation in addition to providing much-needed housing.”
Located at 451 W. Blount Ave., just south of the Tennessee River and adjacent to the University of Tennessee’s Neyland Stadium, Livano Knoxville will include studio and one-, two- and three-bedroom apartment homes averaging appro
