Current EB-5 Projects
Class A Residential Development in Las Vegas
The developer of the 251 Brandon project, through a wholly-owned subsidiary Riverview Henderson Development, LLC, has launched a new EB-5 project in Las Vegas. Admiralty Sierra Regional Center, LLC is the sponsoring regional center. The project will be a residential development located on Las Vegas Boulevard in the Las Vegas Metropolitan Area in Clark County, Nevada. The developer used its own funds to purchase a 29.67-acre site for the project. It has received approval from the Clark County Board of Commissioners and other government bodies to construct a multifamily development consisting of nine residential apartment buildings with approximately 754 residential units with about 700,000 square feet.
The project is currently in its pre-construction phase. A team of architects and engineers is preparing design drawings and documentation. In parallel, construction has started with the installation of an offsite waterline and conduits for gas, power and cable.
According to an analysis prepared by an economist, this project is expected to create at least 1,391 jobs, well in excess of the 1,000 jobs required for the $50 million EB-5 offering. Good faith efforts are committed to maintain a minimum cushion of 15% between the number of jobs projected for the project and the number of jobs required by the EB-5 investors to support their I-526 petitions to the USCIS.
If you are interested in more details, please reach out to us via Contact Us page. The Private Placement Memorandum and other offering documents will only be provided to investors who demonstrate that they are “Accredited Investors” to the extent legally required.