Boynton Beach Multifamily April 2026 Construction Update

Boynton Beach Multifamily is a 210-unit apartment community for active adults age 55+ featuring a 14,000-square-foot clubhouse. Located in Florida, the leading U.S. state for retirement, the project is being developed in a strong urban market with sustained demand.
The Boynton Beach Multifamily project is a fully subscribed urban EB-5 offering developed by Kolter, a highly experienced and well-capitalized developer with a long track record of successful EB-5 projects. Construction continues to advance steadily, with significant progress toward completion and job creation for EB-5 investors.

Construction Progress

Construction at the Boynton Beach Multifamily project continued to advance steadily through April, with strong momentum across both sitework and vertical construction activities.

Sitework activities are essentially complete, with earthwork and utilities at approximately 98% completion. Road construction has progressed further and is now roughly 90% complete. Final grading within the courtyards is nearing completion, marking continued progress toward site readiness.

Vertical construction remains well underway throughout the community, with significant advancements in both exterior and interior work.

Exterior construction milestones include roofing operations fully topped out across the project. Sloped roofs are dried in with peel-and-stick underlayment complete, and roof tile installation has commenced. Flat roof systems are complete, including lightweight insulating concrete (LWIC) and TPO installation. Waterproofing at building openings is complete, and windows are installed on all floors. Exterior finishes have advanced substantially, with stucco approximately 90% complete and exterior painting progressing to about 70% completion. Trellis shade structure foundations are now complete, and gutter installation has begun in the courtyards.

Interior construction continues to progress across multiple buildings. Mechanical, electrical, and plumbing rough-ins are ongoing and approximately 75% complete. Metal framing has reached roughly 80% completion, while insulation installation has advanced to approximately 70%. Drywall installation is ongoing and has progressed to about 45% complete.

Significant Job Creation at Boynton Beach

As EB-5-eligible job creation is primarily calculated based on construction expenditures, Boynton is also helping more and more of its investors to qualify for their permanent U.S. Green Cards.

According to data from February 28, 2026, the Boynton Beach project has created approximately 525 EB-5 jobs through $44.3 million of eligible expenditures. More than half of Boynton’s investors already fulfill the crucial job creation requirement, with further jobs being created as construction progresses.

Brandon Multifamily: Following a Proven Model of Success for Urban EB-5 Projects

While the Boynton Beach Multifamily project is now fully subscribed, EB5AN continues to sponsor another institutional-quality urban EB-5 project in Florida: Brandon Multifamily.

Brandon follows a similar development and investment structure and is being developed by Kolter. Like Boynton Beach, 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 loan repayment guaranty, while the equity fund offers a high 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 Boynton Beach.

Overview of the Brandon Multifamily Project

Brandon Multifamily is a 280-unit market-rate rental apartment community located in Brandon, Florida, developed by The Kolter Group. The community is expected to feature a clubhouse with a resort-style pool and fitness center, a dog park, and coworking spaces.

The project sits in the Tampa metropolitan area, one of the fastest-growing markets in the Southeast, ranked #3 in population gain by the LinkedIn Workforce Report in September 2023 and the #5 destination for relocation by Redfin in early 2023. The site also benefits from immediate access to I-75 and the Selmon Expressway, connecting residents directly to Downtown Tampa, Westshore, and other major employment centers.

Kolter brings an unmatched record of experience and reliability. Since 1997, the firm has developed more than 27,000 residential units and completed over 100 large-scale projects valued at more than $37 billion. It has borrowed billions and never failed to repay a loan. All EB-5 investments in Kolter projects are in good standing or have been fully repaid. Kolter’s developments are known for high-quality design, strong community integration, and locations with long-term appeal.

The project is expected to be managed by Greystar, the world’s largest operator of multifamily rental housing, with over 900,000 units under management and more than 25,000 team members. This partnership adds proven operational expertise and helps ensure the property achieves long-term success and stable job creation.

Brandon Multifamily is located in a designated urban targeted employment area, allowing investors to qualify at the $800,000 minimum and benefit from the 10% set-aside of EB-5 visas reserved for urban TEAs—meaning no visa backlog for investors from any country. The project features a job creation guaranty, ensuring that Kolter will spend all EB-5 funds on eligible expenditures and that the jobs required for every investor’s permanent Green Card will be created.

EB5AN, the independent regional center sponsoring the project, oversees compliance and investor protections, maintaining full independence from Kolter and continuing its track record of successfully managing more than $1 billion in EB-5 investments.

Learn More About EB5AN’s Urban Projects

Many EB-5 investors—particularly those from countries without high levels of EB-5 demand—continue to favor urban projects for their market fundamentals and investment structure. While the Boynton Beach Multifamily project is now fully subscribed, EB5AN continues to sponsor institutional-quality urban EB-5 offerings that follow a similar development approach.

EB5AN’s current urban projects are designed to build on the same principles seen at Boynton Beach, including experienced development teams, clear construction progress, and a strong focus on job creation and investor protections.

To learn more about EB5AN’s available urban EB-5 projects and discuss which options may be right for your situation, please schedule a one-on-one call with the EB5AN team.