12 Biggest Projects In The U.S. Funded By EB-5 Investment

Close to 9 billion dollars have been invested in new commercial enterprises in the U.S. through the EB-5 Investment Program since the program was passed into legislation in 1990.

The EB-5 Investment Program allows foreign investors to fund projects in the U.S., which boost the U.S. economy, create jobs, and frees up capital for U.S. developers to work on additional projects.

Foreign EB-5 investment program applicants invest either 1 million dollars in a new commercial enterprise or $500,000 in a targeted employment area.

Nearly all the largest projects funded by EB-5 investors are located in or near Manhattan, but other major cities with large projects are Los Angeles, San Francisco, Seattle, Miami, and Los Vegas.

The EB-5 investment program at least partially funded these behemoths below. Here are the 12 largest EB-5 projects in the U.S.:

 

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1. Hudson Yards, Manhattan

Mixed use project including skyscrapers

Raised over 800 million in EB-5 funding from 1,200 Chinese families)

 

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2. Pacific Park (Atlantic Yards), Brooklyn

Mixed use project including Barclays Center and transit infrastructure

Raised over 577 million in EB-5 funding

 

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3. Four Seasons Hotel, Manhattan

Hotel

Raised over 250 million in EB-5 funding

 

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4. Hunters Point Shipyard, San Francisco

Mixed use space with housing units, a mall, and office spaces

Raised over 250 million in EB-5 funding

 

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5. 701 Seventh Ave., Manhattan

Mixed use project with a hotel and retail space

Raised over 200 million in EB-5 funding

 

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6. City Point, Brooklyn

Affordable housing units and retail spaces

Raised over 200 million in EB-5 funding

 

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7. 1 Park Lane, Brooklyn

Condominiums

Raised over 200 million in EB-5 funding

 

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8. Steiner Studios, Brooklyn

Largest U.S. film and television studio outside of Hollywood

Raised over 195 million in EB-5 funding

 

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9. 625 W. 57th St., Manhattan

Residential tower

Raised over 180 million in EB-5 funding

 

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10. 101 Tribeca Ave., Manhattan

Residential skyscraper

Raised over 175 million in EB-5 funding

 

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11. SLS, Las Vegas

Hotel

Raised over 115 million in EB-5 funding (from 800 Chinese investors)

 

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12. Panorama Tower, Miami

Apartment building tower

Raised 50 million in EB-5 funding

 

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