Alert: Regional Center has been Terminated. Termination Date: January 23, 2018.

Lansing Economic Development Corporation (LEDC) Regional Center Rating

Profile Completion:Not Rated
Projects Completion:Not Rated
Site Activity:Not Rated
Knowledge:Not Rated
Experience:0 projects
I-924A Rating:Non-Transparent

CONTACT INFORMATION

Lansing Economic Development Corporation (LEDC) Regional Center
First Name
Robert
Last Name
L. Trezise, Jr.
Contact Phone
517.702.3387
Website
Contact Email
Linked In
Twitter
@LeapInc
Facebook

ADDRESS

1000 S Washington Ave, Lansing, MI 48910, USA

STATES

Michigan
  • [All State]

LANGUAGES

English

2 followers

Robert  L. Trezise, Jr.Steven  L. Willobee

Last Update: July 19, 2018 06:21 AM

Regional Center was viewed 1519 times (total).

Lansing Economic Development Corporation (LEDC) Regional Center

(5%)

In 2010, The LEDC Regional Center was approved by the USCIS, a division of the United States Department of Homeland Security, to raise capital via the EB-5 program. Congress created the EB-5 program to stimulate economic development through foreign investment. The program’s mandate is to use foreign investment to spur job creation while simultaneously affording eligible foreign investors the opportunity to become lawful permanent residents of the United States. The Lansing Regional Center is first and only municipally managed Regional Center in Michigan. Currently, all investments must be made within the City of Lansing's boundaries.

Since its designation by USCIS, the LEDC Regional Center has worked closely with the City and private developers, to provide loans for real estate projects in the City of Lansing that create jobs in areas of high unemployment.

STRONGER TOGETHER:  AN EFFECTIVE PUBLIC-PRIVATE PARTNERSHIP

Under the leadership of Mayor Virg Bernero, The City of Lansing’s Economic Development Corporation (LEDC) created the Lansing Regional Center, which is managed and operated by the Lansing Economic Area Partnership (LEAP). The LEDC contracts with the Lansing Economic Area Partnership, a nationally renowned economic development organization, to manage the LEDC Regional Center. This structure providesEB-5 investors and their development partners with several unique advantages:

  • Shared Risk - The City of Lansing often co-invests directly in the LEDC Regional Center projects through tax abatements, grants, brownfield tax increment financing, and other programs. These investment resources are administered by LEAP and approved by the Lansing City Council in partnership with Mayor Virg Bernero. 
  • Leadership – Under the leadership of Mayor Virg Bernero, LEAP works closely with the Mayor’s Executive Team to expedite the necessary zoning and site plan approvals to keep the project on schedule.  Timing is everything. 
  • Reputation – LEAP has access to proprietary sources of potential EB-5 transactions and investors. Through the Lansing Regional Centerpartnership, these opportunities are pooled, and LEAP selects only one out of every 25 potential transactions to evaluate through the LEDC Regional Center. With every LEDC Regional Center investment, the reputations of the EB-5 Investor, the City of Lansing, and LEAP are at stake. We are selective and all our reputations depend on it.
  • Family – We are not naive, we understand that this is a real estate business transaction. However, we also recognize that EB-5 investors are often looking to secure citizenship for themselves and loved ones. So the success of the development means a lot more than a rate of return, it’s tied to the aspirations of the EB-5 investor and their family.  

 

Both LEAP and the City are deeply committed to the LEDC Regional Center’s success.

Is the Regional Center a Public Agency, Government Entity or a Public/Private Partnership (EDC/EDA) affiliated or associated with one?
No

Lansing Economic Development Corporation (LEDC) Regional Center screenshot

Designation

Regional Center ID number
1031910174
Designation Date
2010-04-20
Termination Date
2018-01-23
Submission Date
2009-03-11

Designation Letter - Download

Regional Center EB-5 Quick Facts

Number of Approved I-526: N/A

Number of Approved I-829: N/A

CEO

Robert L. Trezise, Jr.

Chief Operating Officer (COO)

Steven L. Willobee

Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.