- Funding Needed
- $71 (Mio)
- EB5 Funding
- $60 (Mio)
- EB-5 Investors
- Investment Amount
- Accommodation and Food Services
- Hotels (except Casino Hotels) and Motels
- State of California, United States
- Last Update: February 04, 2015 01:00 PM
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- Developer Name
DMP2 will invest in a ground-up construction development. The property is in the process of subdivision and entitlement. The Project is part of the a 200-acre masterplanned commercial development by the City of Delano. The Project consists of 313,806 square feet of commercial retail, enertainment, restaurant, and office spaces. The realization of Delano Marketplace II will make it the first mixed-use lifestyle
shopping center in the City of Delano. It will bring a new sense of pride and many jobcreating enterprises to the area. DMP2 is the same entity that was referred as “LP 10” in the approved Overall Business Plan and Economic Impact Analysis Report contained in the approved YK America
Regional Center proposal. The planned square footage for DMP2’s development has been slightly modified from the original conceptual design to the most recent design plans. The slight modification in square footage does not affect DMP2’s business nature or its objectives other than to further them. Changes in projected operational job creation counts are accounted for by applying the same job count formula and methodology contained in YK America Regional Center’s approved proposal
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