Terra Ceia Multifamily is a 276-unit, market-rate apartment community located in Palmetto, Florida, offering convenient access to major employment hubs in Tampa, St. Petersburg, Bradenton, and Sarasota; each within approximately a 40-minute drive.
Developed by Kolter Multifamily, a division of The Kolter Group, the project is guided by a proven team with over 100 completed residential developments and more than 27,000 delivered units. EB5AN has partnered with Kolter on 30+ previous EB-5 offerings, all of which are either in good standing or have been fully repaid.
Kolter Multifamily has extensive experience developing multifamily apartment communities in Florida similar to Terra Ceia Multifamily.
Construction Progress
Overview of the Terra Ceia Multifamily EB-5 Project
Brandon Multifamily: Following a Proven Model of Success for Urban EB-5 ProjectsLearn More About Our Projects
Construction Progress
Onsite construction at Terra Ceia Multifamily continued to progress steadily throughout March, with both site development and vertical construction advancing across the community. Site clearing and structure demolition are now fully complete, while earthwork, storm drainage, sanitary, and water infrastructure are each approximately 95% complete. Paving operations have reached the halfway mark, and initial final grading activities are underway as the project moves closer to completing major site infrastructure.
Vertical construction also continues to move forward across multiple buildings. Framing has been completed for the Clubhouse, Building 1, and Building 5, with exterior envelope work and MEP rough-ins currently in progress. Framing remains ongoing for Buildings 2, 3, and 4 as crews continue advancing structural work throughout the site. Overall, construction momentum remains strong as both horizontal and vertical development activities progress in parallel.
Overview of the Terra Ceia Multifamily EB-5 Project
Strategic Location
Positioned in a high-growth sector of Manatee County, the development benefits from proximity to major job centers and planned infrastructure improvements. Manatee County has earmarked $2.9 billion for community and infrastructure projects, and the population within a three-mile radius is expected to increase by 77% by 2028.
The broader North Port–Bradenton–Sarasota metro area continues to rank highly in population growth and relocation appeal according to LinkedIn, The Title Report, and U.S. News & World Report.
Proven Development Team
Kolter Multifamily leads the project with a strong track record. With more than 100 completed projects and over 27,000 delivered residential units, Kolter provides a reliable partnership for EB-5 investment. All prior EB-5 initiatives in collaboration with EB5AN remain in good standing or have been fully repaid.
Brandon Multifamily: Following a Proven Model of Success for Urban EB-5 Projects
While Terra Ceia Multifamily is now fully subscribed, EB5AN continues to sponsor another institutional-quality urban EB-5 project in Florida: Brandon Multifamily.
Brandon Multifamily follows a similar development and investment structure and is being developed by Kolter. Like Terra Ceia, Brandon is a multifamily apartment community located in a strong urban market and is offered through both loan and equity EB-5 funds. EB-5 investors in the loan fund benefit from a short three-year loan term with a repayment guaranty, while the equity fund offers a 5% preferred return.
For EB-5 investors seeking an urban project with a proven development model, experienced teams, and clearly defined investment structures, Brandon Multifamily represents a continuation of the approach that has driven progress at Terra Ceia.
Overview of the Brandon Multifamily Project
Brandon Multifamily is a 280-unit market-rate rental apartment community located in Brandon, Florida. The project will include a range of community amenities, including a clubhouse with a resort-style pool and fitness center, coworking spaces, and a dog park.
The project is located in a high-growth area with strong population inflows and convenient access to major employment centers via I-75 and the Selmon Expressway. The broader Tampa metropolitan area continues to rank among the top destinations for relocation and population growth in the United States.
The project is expected to be managed by Greystar, a global leader in multifamily property management, with a large portfolio of units across multiple markets. This partnership adds operational expertise and supports long-term project performance.
Brandon Multifamily is located in a designated urban targeted employment area, allowing investors to qualify at the $800,000 minimum investment level and benefit from the 10% set-aside of EB-5 visas reserved for high-unemployment TEAs. The project is expected to create approximately 890 qualifying jobs, significantly exceeding EB-5 requirements and helping reduce immigration risk for investors.
Learn More About Our Projects
For additional details about our available EB-5 projects, schedule a one-on-one consultation with EB5AN.
