PROJECT CMB GROUP 65 - STILLWATER DEEP ELLUM

EB-5 Projects

PROJECT OVERVIEW

CMB regional center has a chance again to cooperate with Stillwater Capital Investment, LLC., the best real estate development agency in Texas. In the project of group 65, Stillwater will responsible for leasing community construction and development in Dallas-Plano-Irving, Texas, the United States. Deep Ellum construction is expected to include the best amenity units and A-class packages.

Moreover, Dallas is a city with rapid growth rate. Many companies and corporations are located here. There are also a lot of famous universities, medical clinics of the United States in Dallas

Project Details

Stillwater Deep Ellum is a constructional project to develop 5-story apartment for 336 rental units and 490-seat parking in  Deep Ellum, Dallas,Texas.

Location

  • Located in 400 South Hall Street, in Deep Ellum area, to the East of Dallas, Texas
  • Located in a 1.57 hectare area
  • Located near the center lines and tourist places like Dallas Shopping Mall, Market, Baylor medical center and near 2 large parks in the United States
  • The project is near the center lines including  Interstate Highways I-30 and I-45, line U.S 75 and  Woodfall Rogers highway

EB-5 attribute of the project (approximate value)

  • Total EB-5 loan: $15 million
  • Total project cost :$59.3 million 
  • Total number of expecting jobs: 410
  • Total number of backup jobs: 36.7%

 

CMB regional Center – the oldest and most prestigious center in the united states

  • CMB is a center with more than 20-year-experience and it is one of the oldest centers in the United States. Currently, CMB is managing 11 regional centers in 18 states and in Washington D.C.
  • CMB is a pioneer in EB-5 field and it is the first regional center introducing the pooling of capital and job creation methodology to investors only based on the number of direct and indirect job creations. CMB’s ideas are using wildly by other regional center in EB-5 field until now.
  • More than 5,000 limited partners participate in 60 CMB partnership with a total of $2.6 billion EB-5 mobilized capital
  • More than 5,000 EB-5 participants were in 60 EB-5 CMB partnerships
  • More than 4,157 I-526 applications of EB-5 CMB partnerships were accepted by USCIS
  • More than 802 I-829 applications were accepted in many EB-5 CMB partnerships

Project progress

  • The project was accepted with all qualifications
  • Developmental work and horizontal aggregate are expected to start at the end of the 3rd quarter of 2017
  • Vertical constructions are expected to start in the 2nd quarter of 2018
  • Construction is expected to finish in the 3rd quarter of 2019

OVERVIEW OF THE INVESTORS

  • An experienced investor in the United States
  • Having expertise and experience in: investment, development, consultant, repurchase, management
  • Developing and managing various kinds of unique property including complex projects, industrial parks and multi-family apartment

 

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