Funding

Funding Needed
$155 (Mio)
EB5 Funding
$29 (Mio)
EB-5 Investors
58
Investment Amount
$500,000

Jobs

Job Creation per Investor
13.4
Job Creation (Total)
780
Category
Construction
Sub-Category
New Multifamily Housing Construction (except For-Sale Builders)

Location

State
Colorado
Location
Denver, Colorado

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Last Update: May 05, 2016 03:27 AM

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Mixed-Purpose 50 story tower Denver, Colarado


Developer Name
Red Leaf Development, LLC

Project Description

Renovation of the historical El Jebel Shrine Temple into a 50 stories apartment complex in uptown Denver.

The historical building will become a top tier apartment complex featuring:

  1. The highest tower in Denver (650 feet high).
  2. The ground floor will offer approximately 5,000 square feet of retail space and elegant lobby area.
  3. The next 7 floors will consist of enclosed parking totaling 469 spaces.
  4. The remaining floors will composed of 350 residential units representing 760,000 square feet.

Project Timeline

Start of construction: Expected for the first Quarter of 2016.
Duration of construction: 18 to 20 months (planned end of construction 2nd half of 2017).
Operational business : 2nd half of 2017


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