Funding

Funding Needed
$232 (Mio)
EB5 Funding
$100 (Mio)
EB-5 Investors
200
Investment Amount
$500,000
Subscription Fee
50,000

Jobs

Job Creation per Investor
16.3
Job Creation (Total)
3268.9
Category
Accommodation and Food Services
Sub-Category
Hotels (except Casino Hotels) and Motels

Investment

Structure
Loan
Amount of EB-5 investors anticipated for this phase?
230
Expected Maturity
5 years, with an option to extend for two additional 1 year periods.
Expected Return
1.0%
Principal equity in project?
Yes

Immigration

Does this project have approved I-526's?
No
Does this Regional Center have approved I-526's?
No
Does this Regional Center have approved I-829's?
No

Location

State
Puerto Rico
Location
State Road PR-3, Quebrada Vueltas Ward, Fajardo, Puerto Rico

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Resort at Cayo Largo


Developer Name
Resort at Cayo Largo, LLC

Project Description

The Resort hotel (the "Hotel") will consist of 136 rooms (140 keys) with approximately 25% suites (two of the Hotel's two-bedroom suites arc designed with 2 keys apiece, and the Royal Suite is designed with 3 keys, resulting in 136 rooms and 140 keys). The Hotel will offer guests a variety of room options from typical guest rooms beginning at approximately 600 square feet to a world- class luxury suite with approximately 5,400 square feet of living space. The Hotel will offer guest amenities and facilities consistent with expectations of the Four Seasons© brand including the following:


• Multiple pools designed to accommodate families and adults;


• A 5-star spa and fitness center will approximately 16,800 combined square feet of facilities with an additional outdoor yoga pavilion;


• A Kids Center and Teen Center with approximately 3,000 square feet of combined activity space;


• Meeting and event space including approximately 12,000 square feet of banquet, meeting, pre-function and business services spaces with outdoor terraces;


• Multiple restaurants providing a variety of dining and entertainment options, designed and decorated to provide separate and unique dining and nighttime entertainment experiences for hotel guests and visitors from the surrounding community;


• An integrated business center; and


• Approximately 2,000 square feet of retail where guest can purchase necessary staples, jewelry, clothing, and spa and beach merchandise.
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Project Timeline

The Hotel Project will be constructed over a 36-month period commencing in June of 2013 and ending in the middle of 2016, subject to a variety of factors.


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