EB-5 Project: City Center West Orange
April 2, 2019
City Center West Orange is a $400 Million urban lifestyle center emerging as one of Central Florida’s top communities. Furthermore, City Center West Orange has been officially designated as an approved EB-5 project in the EB-5 Florida Real Estate Regional Center.This development undoubtedly provides a multitude of assets that seasoned investors seek. However, foreign investors and potential entrepreneurs benefit even more by obtaining EB-5 Visas. As a result, permanent resident status in the U.S. for themselves, spouses, and dependents under 21 is more affordable.
Currently the U.S. Immigration Policy program requires a $500,000 investment in an approved EB-5 Project like City Center West Orange. However, this is subject to change in April as the government looks to increase the amount.City Center West Orange is a solid investment that easily meets the criteria of the EB-5 Program. An abundance of fulltime jobs will be available throughout the entire construction process and into the operational stage. This ensures the area will achieve monumental economic growth over time.
City Center West Orange features more than 500,000 square feet of commercial development. Restaurants, patio cafés, retail shops, services, a grocery store and entertainment venues will all be part of this development. Moreover, the site work for phase one of the luxury development has already been completed.Phase one of City Center West Orange includes a 122-room hotel and 29 Palms, an amenity-rich condominium development. Featuring 314+ individual one, two, and three-bedroom luxury units, 29 Palms is an ideal investment opportunity. Designed for investors, primary and vacation homebuyers, you will not be disappointed.Don't wait, priority reservations are being taken now and the 29 Palms at City Center sales center opens in early March! Featuring a two-year rental program, owners will take advantage of this growing market. In fact, Greater Orlando has just been named as one of the hottest rent markets in the U.S.
Statistics from the research team of Ten-X predicted last summer that there is enough rental demand in the Orlando market to hold steady for the next three years.With two-year leases and average rents predicted to be $1,187 by 2019, investors know this is a secure investment. Additionally, healthy rent increases and guaranteed incomes are strong indicators you will meet your ROI.
Located on West Colonial (SR 50) East of Bluford Ave. in West Orange County, City Center is surrounded by world renowned destinations. Consequently, the lake-studded area has emerged as a hot spot for residential and commercial development.
29 Palms' amenities include a resort-style pool and sunning deck, a seventh-level amenity park with a clubhouse, indoor racquetball, and so much more. 29 Palms is nothing short of an upscale living experience, even including 24-hour building security surveying its multi-level garage.Additional phases of City Center West Orange include – upscale shopping, sidewalk cafes, restaurants and movie theaters – will all be within walking distance of 29 Palms.
Now is the time!
Without doubt, the market is favoring U.S. real estate investment and demand is continually rising for new development capital. In fact, it’s an excellent time to be a foreign investor partnered with an experienced developer! Construction of high job-producing commercial property in one of Florida’s 22 Regional Centers has no limit for success.City Center West Orange is a safe and secure investment, EB-5 participants can plan to live, work, play and retire in the U.S. So what are you waiting for, invest today!