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 Projects
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Construction Progress
Site work at Terra Ceia advanced toward completion in June. Site clearing, structure demolition, and earthwork are all 100% complete. Storm drainage, sanitary, and water infrastructure also remain at full completion. Curbing has progressed to approximately 30%, paving operations continue, and final grading has reached approximately 30% completion.
Vertical construction continues to move forward across all buildings and the clubhouse, with each structure at a distinct phase.
The Clubhouse is the most advanced structure on site. Exterior finishes are complete, and work has shifted to hardscape, landscaping, and interior finishes. Amenity spaces are typically among the last components delivered, so the Clubhouse reaching this stage indicates the project is on track.
Building 5 is the furthest along among the residential structures. Exterior finishes are ongoing, cabinets and paint are complete, and MEP trim and second trim are underway, indicating it is approaching completion.
Building 1 has drywall complete and has moved into trim and cabinets, with exterior finishes still ongoing. Building 2 is at the same stage, with drywall complete and trim and cabinets underway while exterior finishes continue in parallel.
Buildings 3 and 4 have both completed framing and are moving into the next phase. Building 3 has exterior finishes and drywall both underway. Building 4 is focused on exterior finishes and insulation. Both buildings are following a normal construction sequence and are progressing as expected.
With vertical work advancing across all buildings and the clubhouse, Terra Ceia continues to progress toward delivery.
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.
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For additional details about our available EB-5 projects, schedule a one-on-one consultation with EB5AN.