Funding

Funding Needed
$732.6 (Mio)
EB5 Funding
$10 (Mio)
Amount Subscribed
$10 (Mio)
EB-5 Investors
20
Investment Amount
$500,000

Jobs

Job Creation per Investor
361.0
Job Creation (Total)
7220
Category
Accommodation and Food Services
Sub-Category
Hotels (except Casino Hotels) and Motels

Location

State
District of Columbia
Location
Southwest Waterfront

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Washington Wharf Project (Phase I)


Developer Name
Capitol Area Regional Center JOB Fund, LLC (“CARc”)

Project Description

The property is known as the “The Wharf” (also known as the Southwest Waterfront).  When completed, Phase 1 is expected to comprise 220,000 square feet of Class A offices, 769 residential units, up to 678 hotel rooms, a new 90 boat slip marina, 270,000 square feet of destination retail, entertainment, restaurant and cultural uses, together with a 1,157 car parking garage


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