Funding

Funding Needed
$416 (Mio)
EB5 Funding
$50 (Mio)
EB-5 Investors
100
Investment Amount
$500,000

Jobs

Job Creation per Investor
88.8
Job Creation (Total)
8883.5
Category
Construction
Sub-Category
Commercial and Institutional Building Construction

Location

State
Pennsylvania
Location
South Fayette Township

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Newbury Complex Development


Developer Name
EQA Landmark Communities

Project Description

The Newbury Complex is a multi-phase retail building project located in South Fayette Township, one of the fastest growing municipalities in western Pennsylvania. The EQA Landmark Communities led partnership, Newbury Development Associates, LP (“NDA”), purchased the site in 2007 and the construction of Newbury Complex is currently underway. Total $50 million EB-5 investment will be structured as a loan and be used in 6 out of 11 separate phases. The Thistle Financial Group, LLC as co-lender, will match the EB-5 investment. When completed, this development will be a high quality, integrated, walkable community where both families and individuals will live, work and play.

Regional Center

Pittsburgh Regional Investment Center
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