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 25+ previous EB-5 initiatives, all of which are either in good standing or have been fully repaid.
Construction Progress
Overview of the Terra Ceia Multifamily EB-5 Project
Terra Ceia Multifamily Equity and Loan Offerings
Learn More About Terra Ceia Multifamily
Construction Progress
November 2025 brought continued progress across multiple construction fronts, with key permitting milestones achieved and vertical construction underway.
All major permits have now been secured. Notably, the Building Permit was issued on October 17, 2025, and the FDOT Drainage & Driveway Permit was approved in November, keeping the project on schedule.
Site clearing and structure demolition are fully complete. Earthwork has progressed to approximately 85%, while storm drainage is around 80% complete. Sanitary utilities are 90% complete, and water system installation has reached 40%. Curbing, paving, and final grading are planned for upcoming months.
Vertical construction has also advanced:
- Clubhouse – Slab construction is complete.
- Building 1 – Slab construction is complete.
- Building 2 – Slab construction approximately 10% complete.
- Building 3 – Slab construction approximately 10% complete.
- Building 4 – Slab construction approximately 10% complete.
- Building 5 – Slab construction is complete.
With both horizontal and vertical work progressing, the Terra Ceia Multifamily project continues to advance smoothly through its construction phases.
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.
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.
