FREE Sign upLogin
Tahoe-Reno Industrial Center Hoping to Attract EB-5 Investors

Tahoe-Reno Industrial Center Hoping to Attract EB-5 Investors

The Reno Tahoe International Council held an event recently specifically intended to assess foreign investor interest in the Reno-Tahoe area and, specifically the massive Tahoe-Reno Industrial Center project. Council Director Jeni Temen, herself an immigrant from Europe, recognizes the EB-5 investment visa program as ideal for what will become the largest industrial park in the USA.

The TRIC occupies 107,000 acres just a few mile east of Reno with 12 miles of frontage on I-80, the main east-west route across northern Nevada. The multi-use nonresidential site features 30,000 acres available for industrial development. Nearly 130 companies have already developed and have 11,000,000 square feet of space in use. Making the site even more attractive for investment is that it will be the home of the new Tesla Gigafactory which, in addition to producing 500,000 vehicles by 2020, will also generate all of its own power requirements. The Tesla plan will dominate the larger site with 10,000,000 square feet of its own and employing approximately 6,500 employees.

Although Ms. Temen did not address how and where EB-5 investments will be used, the TRIC project appears to be one that will be very appealing to investors.

Source: Washingtonnewsworld

Mentions

States

  • Nevada

Subscribe for News

Site Digest


Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.