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Project Updates

Full details available only for registered and approved users.
Full details available only for registered and approved users.
Full details available only for registered and approved users.
Full details available only for registered and approved users.
Stateside Hotel at Jay Peak.  The ribbon was cut Wednesday afternoon on the last major development at Jay Peak, coming just a few months before the resort is expected to hit the market in search of a buyer. The 800-plus EB-5 investors wh...
Michael Goldberg at a Statehouse news conference in April.  EB-5 investors who lost out on obtaining green cards when a proposed $110 million biomedical research facility in Newport was deemed by regulators “nearly a complete fraud” now hav...
SLS Las Vegas is pictured on Wednesday, May 31, 2017. The Culinary Union has called on Nevada gaming regulators to investigate the legality of Alex Meruelo’s purchase of the SLS Las Vegas amid tough labor negotiations with the Reno-based bu...
Full details available only for registered and approved users.
  A courtesy rendering of the never-built AnC Bio facility proposed for Newport. Investors in this EB-5 project now will get a chance to invest in a different project in New York City. by Timothy McQuiston Vermont Business Magazine One o...
Full details available only for registered and approved users.
Full details available only for registered and approved users.
Dive Brief: The nonprofit development company tasked with managing the New York City-owned Brooklyn Navy Yard is planning a $2.5 billion, 5.1-million-square-foot expansion that it says will transform the historic shipyard into a creative...
Farms & Market, the city’s first year-round farmers market and kitchen, will have its grand opening March 1, but opened to the public Feb. 5.  “We’re really excited that we’re finally at this point and that we’re gearing up to open our door...
Full details available only for registered and approved users.
The Securities and Exchange Commission today announced that the Miami-based businessman behind an alleged scheme involving investments in a Vermont-based ski resort has agreed to pay back more than $81 million of investor money that he used il...
Full details available only for registered and approved users.
Las Olas Ocean Resort, which is being built by the sea in Fort Lauderdale, South Florida, faces a foreclosure sale with 60 Chinese EB-5 investment immigrants. Bancorp Bank, which provided a loan of $ 50 million to the construction p...
Rendering of Building 77 at the Brooklyn Navy Yard and Clare Newman  Project will add 5.1M sf to the Tech Triangle site The Brooklyn Navy Yard will undergo a $2.5 billion development plan that will add an additional 5.1 million square fe...
The unfinished Las Olas Ocean Resort, a hotel project on Fort Lauderdale beach that attracted funds from hopeful Chinese immigrants through the EB-5 visa program, has been targeted for foreclosure. The Bancorp Bank (NYSE: TBBK) filed a fore...
Full details available only for registered and approved users.

Construction News, Articles

One thing is known about immigration law in 2018: it will bring many unknowns.  Since the current administration assumed power in January of 2017, Norris McLaughlin's Immigration Practice Group has reported countless (nearly daily) changes to immi...
CARc Artists Row EB-5 Project Fund Approved by USCIS. On October 25, 2017 Capitol Area Regional Center (CARc) received confirmation from USCIS confirming that an EB-5 investment made by a qualified foreign individual through CARc in CARc Job Fund ...
  Mark Messier may have famously helped the Rangers win the Stanley Cup, but now the hockey legend says he feels like he’s being sent to the penalty box while trying to bring the world’s largest ice-skating complex to The Bronx. The form...
Counting Construction Jobs for EB-5 Regional Center Job Creation Do Construction Jobs Count? When starting an EB-5 regional center many want to know if direct construction jobs can be counted.  The applicable rule for counting construction j...
As Congress considers renewing a visa program for wealthy foreigners, government auditors say the program needs better oversight by the Department of Homeland Security to deter fraud and clarify how much it benefits the U.S. economy. At iss...
Wealthy investors from outside of the U.S. are pouring millions of dollars into Arizona development projects, including the soon-to-open Green Valley Hospital, in exchange for green cards to legally live in the U.S. Difficulties securing financing...
The Luhrs Downtown Marriott Project has been processing smoothly, with more investor applications being filed with USCIS and the project is filling up quickly. ...

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