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. Most recently, Kolter completed its Lakehouse Multifamily community in the Sarasota metro area, approximately 25 minutes from the Terra Ceia site.
Construction Progress
Overview of the Terra Ceia Multifamily EB-5 Project
Kolter’s Lakehouse Multifamily Project
Terra Ceia Multifamily Equity and Loan Offerings
Learn More About Terra Ceia Multifamily
Construction Progress
Onsite construction at Terra Ceia Multifamily is transitioning from foundation work into the next major phase of development. The project’s foundations have recently been installed, and vertical construction is scheduled to ramp up significantly in 2026.
Most building slabs have been completed, with only a limited number of remaining slabs—primarily for garages—still in progress. Framing is expected to begin shortly, with crews starting work on multiple components concurrently, including the clubhouse and Buildings 1, 2, and 5.
The clubhouse is the initial priority for vertical construction. Once framing mobilizes, the general contractor expects approximately 50–60 workers onsite for framing activities. After framing, the project will move into exterior sheathing and related envelope work, followed by inspections and the start of major interior trades, including plumbing.
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.
Kolter’s Lakehouse Multifamily Project
Approximately 25 minutes from the Terra Ceia site, Kolter recently completed Lakehouse Multifamily, a market-rate apartment community in the Sarasota metro area that is closely comparable in scope and positioning to Terra Ceia Multifamily.
Lakehouse consists of 350 market-rate units, compared to Terra Ceia’s 276 market-rate units, and reflects the same development approach used across Kolter’s Florida multifamily portfolio—delivering modern, amenity-rich communities designed to meet sustained renter demand in high-growth coastal markets.
Importantly, Lakehouse provides a tangible, nearby reference point for the type of product Kolter is constructing at Terra Ceia. The communities share similar design and resident experience, including a clubhouse, a resort-style pool, outdoor gathering and lounge areas, a fitness center, and pet-friendly features such as a dog park. This completed project demonstrates Kolter’s ability to execute a comparable community from start to finish.
Terra Ceia Multifamily Equity and Loan Offerings
Equity Offering
- 3.5-year investment timeline: Structured for a relatively short projected term.
- 5.0% preferred return: EB-5 investors who choose Terra Ceia Multifamily (Equity) receive a preferred annual return of 5.0%, above typical market rates.
Loan Offering
- 3-year term: Secured loan offering with predictable repayment.
- Repayment guaranty: Because the Terra Ceia Multifamily (Loan) is backed by a financially stable Kolter parent entity, it provides additional security for the investment.
Learn More About Terra Ceia Multifamily
For additional details about Terra Ceia Multifamily or other available EB-5 projects, schedule a one-on-one consultation with EB5AN.
