Close to 9 billion dollars have been invested in new commercial enterprises in the U.S. through the EB-5 Investment Program since the program was passed into legislation in 1990.
The EB-5 Investment Program allows foreign investors to fund projects in the U.S., which boost the U.S. economy, create jobs, and frees up capital for U.S. developers to work on additional projects.
Foreign EB-5 investment program applicants invest either 1 million dollars in a new commercial enterprise or $500,000 in a targeted employment area.Nearly all the largest projects funded by EB-5 investors are located in or near Manhattan, but other major cities with large projects are Los Angeles, San Francisco, Seattle, Miami, and Los Vegas.
The EB-5 investment program at least partially funded these behemoths below. Here are the 12 largest EB-5 projects in the U.S.:
1. Hudson Yards, Manhattan Mixed use project including skyscrapers Raised over 800 million in EB-5 funding from 1,200 Chinese families)
2. Pacific Park (Atlantic Yards), Brooklyn Mixed use project including Barclays Center and transit infrastructure Raised over 577 million in EB-5 funding
3. Four Seasons Hotel, Manhattan Hotel Raised over 250 million in EB-5 funding
4. Hunters Point Shipyard, San Francisco Mixed use space with housing units, a mall, and office spaces Raised over 250 million in EB-5 funding
5. 701 Seventh Ave., Manhattan Mixed use project with a hotel and retail space Raised over 200 million in EB-5 funding
6. City Point, Brooklyn Affordable housing units and retail spaces Raised over 200 million in EB-5 funding
7. 1 Park Lane, Brooklyn Condominiums Raised over 200 million in EB-5 funding
8. Steiner Studios, Brooklyn Largest U.S. film and television studio outside of Hollywood Raised over 195 million in EB-5 funding
9. 625 W. 57th St., Manhattan Residential tower Raised over 180 million in EB-5 funding
10. 101 Tribeca Ave., Manhattan Residential skyscraper Raised over 175 million in EB-5 funding
11. SLS, Las Vegas Hotel Raised over 115 million in EB-5 funding (from 800 Chinese investors)
12. Panorama Tower, Miami Apartment building tower Raised 50 million in EB-5 funding
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