EB-5 Projects


The project is a milestone in the development of Harwood Urban Area. This will be the twelfth tower in Harwood International in Dallas city. Harwood Hotel is the first boutique high-end boutique hotel in Dallas with an exclusive modern club. Located in the center of the Dallas urban area, the hotel will target office renters and existing and future residents in the Uptown and Downtown Dallas areas as well as business people and travelers to North Texas and local people on vacation.

Project Details

1. Harwood Hotel Project:

This is Harwood's 12th project in Harwood Urban Area

Harwood Hotel is the first luxury boutique hotel built on an area of 0.46 acres in the city of Dallas, Texas.

The hotel has 21 floors, 132 rooms and total area of 20,636 sqm with 6.749 sqm of parking area (5 floors with 142 parking slots) and 13,886 sqm of hotel and facilities. The ground floor of the building is a corridor and restaurant area, a ballroom for 330 people, a garden area, an exclusive modern club. The Harwood’s height is 85m which gives a panoramic imagery of the city.

2. Project location:

Harwood Hotel is located in the center of the top working and entertainment district in Dallas (Dallas-Forth Worth) - Uptown Dallas.

Harwood, located in the Uptown area, has been proven as the best-known building in the area due to its ideal location, excellent transportation network and close to main economic centers.

Uptown is a home of most exclusive and prestigious residential and office locations, the demand for housing and office space in this area ever gone further than other markets in Dallas.

Population has grown by more than 80% since 2000 and according to demographic statistics, this is one of the richest areas in Texas.

DFW is ranked as one of the top urban areas for business expansion and headquarters establishment, which has attracted more than 70 businesses headquartered established within the last five years.

The city of Dallas has experienced an increase in the number of visitors and business people visiting from Northern Texas, with more than 44 million visitors  to the DFW Urban Area.

Demand is expected to increase due to the number of international flights increases through DFW Airport.

3. Capital structure:

Total construction cost: $ 94,388,549

EB-5 Capital: $ 27,500,000 (only 55 EB-5 Investors)

Owner's Equity: $ 13,488,549

Bank loan: $ 53,400,000

Form of investment: loan

Loan term: 6 years

Interest rate: 0.8% / year.

Total Job Requirements: 550

Total number of jobs expected to generate: 1,359. 809 redundant work. Redundancy rate: 147%

Project progress

  • Pre-construction and construction activities have started. Construction activities are scheduled to begin in Quarter 4, 2017.
  • Expected completion of construction in Quarter 4, 2019.
  • All property documents and licenses have been approved by the Dallas County government and have been fully given.

Investor of Harwood Hotel - Harwood International

Harwood International (Harwood) is an international real estate company and also owner of master planning projects.

Harwood International's headquarter is located in Dallas, in Harwood County.

Harwood International began acquiring land 30 years ago, forming the Harwood County Master Plan.

Harwood County is a sprawling area of ​​18 acres including malls, residential area, retail area which are planned in Uptown.

A milestone marks Harwood's first building project is the Rolex Building, an artful representation of the first office building in the Dallas Uptown.

The 18-acre Harwood area has received construction permission for more than 1.1 million square meters of skyscraper projects including apartments, offices, retail and family apartments.

Harwood International has completed more than 186,000 square meters of an AA luxury office, multi-family residential buildings and retail area.

The Harwood is known as "Step to life",  an area of more than 100 entertainment places, shopping, art, food and drink in Dallas within a 10-minute walk.

Unique architecture by well-known architects such as Richard Keating, Jean-Michel Wilmotte, Kengo Kuma and more.

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