Funding

Funding Needed
$293 (Mio)
EB5 Funding
$49.5 (Mio)
Amount Subscribed
$52 (Mio)
EB-5 Investors
99
Investment Amount
$500,000

Jobs

Job Creation per Investor
20.8
Job Creation (Total)
2055
Category
Construction
Sub-Category
Land Subdivision

Location

State
Massachusetts
Location
Boston, MA

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Jillian O'Brien

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Last Update: October 23, 2015 01:33 PM

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PIERCE BOSTON (THE POINT)


Developer Name
Samuels & Associates

Project Description

Boston-based Samuels & Associates and the U.S. subsidiary of Landsea Holdings Corporation, a major chinese residential developer have entered into a joint venture agreement to develop 30-story Boston mixed-use project in the fenway district. The developer joint venture has closed on a senior loan with a multi-national bank consortium.

The formerly-named "Point" project is being re-named 'Pierce Boston." so you will see it referred to as Pierce in th future. Construction began on the project site in July and is proceeding, Samuels & Associates is the designated construction manager.

Project Timeline

The proposed construction began on the project site in July.


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