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Project Information & Due Diligence Profile Completed
26%
Not Verified

Funding

Funding Needed
$100 (Mio)
EB5 Funding
$100 (Mio)
EB-5 Investors
200
Investment Amount
$500,000

Jobs

Job Creation per Investor
5.0
Job Creation (Total)
1000
Category
Construction
Sub-Category
Commercial and Institutional Building Construction

Location

State
Washington
Location
Everett, WA

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Potala Farmers' Market

Opened: January 01, 2009

Closed: January 01, 2010


Project Description

The Potala Farmers' Market at Everett is in Snohomish County, which is designated a regional center within the Immigrant Investor Pilot Program. Each Potala Farmers' Market project will include an indoor farmers market, office space, luxury apartments and an upscale extended-stay hotel. The vision for these projects is to create a "village" or community that centers around green living, supports local agriculture, and thereby enriches the local economy. On average, the Potala Farmers' Market project will create approximately 1,000 jobs, exceeding the minimum EB-5 requirement of creating 10 direct or indirect jobs per investor. Sustainability is always our focus and each project will be certified under the USGBC’s LEED® program at the LEED® Silver level or higher.

News & Updates

Real estate developer sentenced to prison for visa investment fraud
Real estate developer sentenced to pr...
Misused millions from overseas in...
 August 04, 2017
EB-5 Receiver’s $3M Building Plans OK’d In SEC Row
EB-5 Receiver’s $3M Building Plans OK...
A Washington federal judge on Wed...
 March 08, 2017
Developer Pleads Guilty to Defrauding Investors seeking Citizenship under Federal Immigration Program
Developer Pleads Guilty to Defrauding...
A Bellevue developer who raised m...
 January 04, 2017
Lawsuit puts Potala Place’s street-level retail space in limbo
Lawsuit puts Potala Place’s street-le...
EVERETT — Nearly all of Potala Pl...
 December 30, 2016
Receiver finds Potala Place 'in chaos' with no viable business plan
Receiver finds Potala Place 'in chaos...
Local developer Lobsang Dargey's ...
 March 19, 2016
Receiver wants to sell Path America properties
Receiver wants to sell Path America p...
The receiver in charge of Path Am...
 January 25, 2016
Receiver wants to sell Dargey’s Potala Tower, other projects
Receiver wants to sell Dargey’s Potal...
Lobsang Dargey, CEO of Dargey Dev...
 January 20, 2016
Receiver in Dargey case says Path America’s finances a mess
Receiver in Dargey case says Path Ame...
A court-appointed receiver says i...
 November 18, 2015
Small firm took on big one and won
Small firm took on big one and won
Trademark battles can be tough fo...
 November 14, 2015
Feds wrest control of Everett developer's company
Feds wrest control of Everett develop...
Company was developing year-round...
 October 28, 2015
A Peek Inside Potala Place Everett
A Peek Inside Potala Place Everett
Wednesday afternoon MyEverettNews...
 October 14, 2015
FBI investigating Everett developer accused of defrauding investors
FBI investigating Everett developer a...
The FBI is working with federal c...
 September 24, 2015
Developer accused of bilking overseas investors | SEC claims Lobsang Dargey promised Chinese investors U.S. residency
Developer accused of bilking overseas...
Developer Lobsang Dargey, who is ...
 September 07, 2015
Failure to Investigate Could Mean “Game-Set-and-Match” for EB-5 Investors: SEC Case against Brother-in-Law of Tennis Star Andre Aggasi Shows Risk for Would-be Immigrant Investors
Failure to Investigate Could Mean “Ga...
The U.S. Securities and Exchange ...
 August 31, 2015
Future of Potala Village Kirkland in limbo after developer sued by SEC
Future of Potala Village Kirkland in ...
The developer of the Potala Villa...
 August 28, 2015
3 Path America projects halted after SEC action
3 Path America projects halted after ...
Firms working on three of Lobsang...
 August 27, 2015
EB-5 Regional Center Owner & Developer accused by SEC of defrauding hundreds of Chinese investors
EB-5 Regional Center Owner & Develope...
EB-5Regional Center Path AmericaC...
 August 26, 2015
SEC says developer Dargey bilked investors in projects
SEC says developer Dargey bilked inve...
The Securities and Exchange Commi...
 August 25, 2015

News & Updates 18

Receiver finds Potala Place 'in chaos' with no viable business plan
Receiver finds Potala Place 'in chaos...
Local developer Lobsang Dargey's ...
 March 19, 2016
Small firm took on big one and won
Small firm took on big one and won
Trademark battles can be tough fo...
 November 14, 2015
Feds wrest control of Everett developer's company
Feds wrest control of Everett develop...
Company was developing year-round...
 October 28, 2015
A Peek Inside Potala Place Everett
A Peek Inside Potala Place Everett
Wednesday afternoon MyEverettNews...
 October 14, 2015

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