Texas Redevelopment Authority, LLC Rating

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CONTACT INFORMATION

Texas Redevelopment Authority, LLC
1.713.333.4664
1.800.755.5665
Email
moreinfo@eb5staroftexas.com
Fax
1.800.543.9223
ADDRESS
5065 Westheimer Suite 1150, Houston, TX, 77056
State
Texas
Skype
skype: eb5staroftexas1
Linked In

LANGUAGES

English

1 follower

Tonya Venletta McPhearson

Last Update: September 09, 2016 08:37 AM

Firm was viewed 1101 times (total).

Texas Redevelopment Authority, LLC

(20%)

The Texas Redevelopment Authority will develop and promote multiple Star of Texas Regional Center Investment Funds. It is anticipated that the funds will include both discrete-specific projects and multiple and diverse projects in a "Fund-of-Funds" structure. The size of each may vary, but TRA is targeting cumulative investment levels of $50 to $200 million in capital for each fund. Each of the funds will be offered through the USCIS- EB-5 program.

Long term, the TRA intends to raise and manage multi-phased project offerings in the six county designated Targeted Employment Areas (TEA) areas in the Houston-Galveston Regional Center developmental zone. In addition, the Authority intends to acquire and manage other EB-5 regions throughout the USA.

The Texas Redevelopment Authority is a professional management team that boasts over 200 years of combined management experience, and seeks to initially raise up to $100 million in capital during Phase I via the Star of Texas Regional Center EB-5 pilot program for investments. Such investments will fund the revitalization of infrastructure and tourism, and in turn will create over 2,600 new jobs in approved Targeted Employment Areas (TEA) located within six counties, primarily in the Houston-Galveston metropolitan area. These intensive efforts and investments are crucial in helping to repair major devastation caused by Hurricane Ike, the 2nd most destructive hurricane in Texas history and the 3rd costliest hurricane in U.S. history.

 


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