Funding

Funding Needed
$300 (Mio)
EB5 Funding
$100 (Mio)
EB-5 Investors
200
Investment Amount
$500,000

Jobs

Category
Accommodation and Food Services
Sub-Category
Hotels (except Casino Hotels) and Motels

Location

State
Texas
Location
11205 Bellaire Blvd., Suite B33, Houston, TX 77072

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Convention Center Hotel Project


Project Description

City of Houston, Dallas, and San Antonio all have relatively same size convention center in downtown area. While Dallas has 10,000+ hotel rooms and San Antonio has 18,000+ hotel rooms, Houston only has less than 5,000 hotel rooms in the downtown area.
Houston is in great need of hotel rooms located in downtown to serve the convention center. To encourage hotel development in downtown Houston and to serve the conventions, the city of Houston passed a new city ordinance in 2008 to offer tax rebates to new hotel development

Project Timeline

Purchase Property: May 2009
Construction Permit & Start: 1st QTR 2012
Open for Business: 4th QTR 2014


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