Funding

Funding Needed
$94 (Mio)
EB5 Funding
$22 (Mio)
EB-5 Investors
44
Investment Amount
$500,000

Jobs

Job Creation per Investor
11.0
Job Creation (Total)
485
Category
Construction
Sub-Category
Land Subdivision

Location

State
California
Location
San Rafael, Marin County, California

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The Village at Loch Lomond


Developer Name
Woodridge Capital, LLC

Project Description

The Village at Loch Lomond (“Project”) consists of an approximately 131-acre site in San Rafael, Marin County, California that is being developed into an 81-unit residential and 26,800 square-feet (SF), mixed-use project. The residential portion of the project will consist of 42 attached townhomes, 34 detached single family homes, and 5 flats located above ground floor retail. 
The waterfront property is currently improved with a 512 slip marina and support retail, but is fully-entitled for the development of the aforementioned 81 residential units, along with 27,000 square feet of neighborhood area, on approximately 29.5 developable acres of land area. The project will capitalize on a highly desirable bay front location, in a market with extremely high barriers to entry. It is within proximity to the cultural and employment center of San Francisco. The Project will include 64 market rate residential units and 17 below market rate units. The market rate units will average 2,026 square feet per unit.Complementing this new community will be the construction of a new 13,400 square foot specialty grocery store sited near the water’s edge. An indoor/outdoor restaurant will be sited across the community plaza from the grocery and adjacent to The Loch Lomond Yacht Club. A new mixed-use building will offer 9,200 square feet of ground floor neighborhood commercial capped by the aforementioned flats. The Project will result in immediate access to marine activities, shopping, dining, recreation, employment, and schools.


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