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Emerald Pond Regional Center
Projects within Emerald Pond RC will be funded through various limited partnerships (i.e. EB-5 new commercial enterprises) of which Applicant will be the general partner and foreign investors investing pursuant to the EB-5 program will be limited partners. Depending on the type of project, capital contributions of limited partners will be provided by the limited partnership to a project according to either an equity structure or loan structure.
It is expected that some of the projects would be 100% funded through EB-5 investment, while others will depend heavily on subsidies, rebates and financial incentives to lower the cost of the project. In addition, domestic investment or other loans can be acquired as well. The loan will serve to cover any gap between those amounts. Regardless of whether the equity structure or loan structure is used, Applicant will be responsible for ensuring that all necessary funds for total project completion, including any required operating deficits used to fund shortfalls during lease-up are in place.
For further detail regarding the planned activities of Emerald Pond RC within the targeted industries, please refer to the overall business plan and economic impact analysis.
Is the Regional Center a Public Agency, Government Entity or a Public/Private Partnership (EDC/EDA) affiliated or associated with one?No
Designation
NAICS Codes
- Accommodation and Food Services / Hotels (except Casino Hotels) and Motels / 721110
- Accommodation and Food Services / Chain Full-Service Restaurants / 722511
- Real Estate and Rental and Leasing / 5311
- Construction / Commercial and Institutional Building Construction / 236220
- Construction / New Multifamily Housing Construction (except For-Sale Builders) / 236116
- Construction / Industrial Building Construction / 236210
Designation Letter - Download
Regional Center EB-5 Quick Facts
Number of Approved I-526: N/A
Number of Approved I-829: N/A
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