significant economic development tool to attract private capital to support a wide range of investments,” said Reuben Collins, Charles County Commissioner President.  “These designations support the County’s ongoing efforts to advance redevelopment, support existing businesses, encourage entrepreneurship and attract investment across the county,” said Jim Chandler, Director of the Charles County Economic Development Department. “We will continue to partner with state agencies, developers, site selectors and the business community to promote opportunities in these areas and position Charles County for commercial growth.”

The two tracts in Waldorf’s primary growth area include portions of the Waldorf Urban Redevelopment Corridor, offering opportunities for mixed-use development and commercial development. The designation will build on earlier infrastructure investments and planning tied to the proposed Southern Maryland Rapid Transit (SMRT) corridor.

The Newburg/Morgantown designation includes the former Morgantown Generating Station, which could support new industrial uses and advanced manufacturing. The designation may expand the range of potential investors and attract suppliers, complementary industries, and tourism-related businesses.

The updated Opportunity Zones 2.0 program is scheduled to take effect Jan. 1, 2027.

Businesses, property owners, developers, and investors interested in learning more are encouraged to contact the Charles County Economic Development Department at CommercialDevelopment@MeetCharlesCounty.com.