ONE Tampa Is a Low-Risk Urban TEA EB-5 Loan Investment Opportunity with Multiple Safety Features
ONE Tampa is an EB-5 project in an urban (or high unemployment) targeted employment area (TEA). Because the project is in a TEA, the minimum investment amount is $800,000 instead of $1,050,000. This project offers investors many key features, including a loan repayment guaranty, an I-526E approval refund guaranty, and a job creation guaranty.
EB-5 funds will be used to develop a 42-story, luxury condominium tower in downtown Tampa, Florida, next to the Tampa Riverwalk and Curtis Waterfront Park. ONE Tampa enjoys all the cultural, social, and recreational advantages of Tampa city living.
The project’s developer is The Kolter Group. Kolter is one of the largest private real estate development and investment companies in the United States, with over $30 billion of in-process and realized development since 1997.
EB5AN is an EB-5 investment fund manager, USCIS-approved regional center operator, and consultancy. EB5AN helps foreign investors immigrate to the United States through investments in U.S. businesses under the EB-5 program.
Kolter and EB5AN have worked together on over 15 prior EB-5 projects, all of which have received 100% USCIS project approval to date, with 100% of EB-5 investment funds either repaid or in good standing.
Immigration and Financial Safety Features for Investors
ONE Tampa is a compelling urban EB-5 project that offers investors a clear path to a Green Card with limited immigration and financial risk.
Fund Administration
PRXY Fund Services, a third-party fund administration services company, will facilitate the administration of the fund in compliance with the integrity provisions of the RIA. Their proprietary PRXY Co. platform tracks and records all EB-5 draws and project expenditures throughout the project lifecycle and provides EB-5 investors with a real-time view of comprehensive project metrics.
Job Creation Guaranty
The ONE Tampa project features a job creation guaranty, which means Kolter will spend all the EB-5 funds on EB-5 program eligible expenditures. As a result, the project will create the direct and indirect jobs required for every EB-5 investor to get their permanent Green Cards approved.
EB-5 Loan Repayment Guaranty
EB-5 investments will be used to make a loan to fund the ONE Tampa project. A Kolter parent company has provided a loan repayment guaranty, which means that if the borrower were unable to repay the loan on time, the parent company’s assets and equity would be used to fully repay the balance of the loan.
I-526E Approval Refund Guaranty
The ONE Tampa project features an I-526E approval refund guaranty. This guaranty means that if an EB-5 investor’s I-526E petition is denied by USCIS, he or she may be able to receive a faster return of his or her money.
Construction Completion Guaranty
EB-5 investors in ONE Tampa benefit from a construction completion guaranty. This guaranty means that the developer of the project is guaranteeing the completion of the required construction to successfully complete the development of the project.
Urban TEA Visa Set Aside
The ONE Tampa project is located in an urban TEA. An investment in an urban project provides access to urban set-aside visas, which account for 10% of all EB-5 visas. Having access to set-aside visas means avoiding the long waits associated with visa backlogs.
Form I-956F Exemplar Approved by USCIS
ONE Tampa has received Form I-956F exemplar approval from USCIS. This approval means that USCIS has reviewed the project’s documents and found them to be compliant with the EB-5 program. By approving Form I-956F, USCIS has agreed ONE Tampa is in an urban TEA. USCIS also accepted the project’s job creation methodology, EB-5 investment structure, EB-5 loan security, and other safety features. As a result, investors can have greater confidence that an investment in ONE Tampa should result in a permanent Green Card.
Gross Maximum Price (GMP) Contract
Kolter has executed a gross maximum price (GMP) contract with Moss & Associates, a national construction management company. A GMP contract is signed between the project developer and a general contractor in charge of construction. Essentially, a GMP contract stipulates that the general contractor will complete the project at or below a fixed amount, and the general contractor will cover any costs that exceed this amount. A GMP contract with a reputable general contractor significantly reduces EB-5 investor risk.
ONE Tampa
Luxury Condominiums (Loan)
ONE Tampa
Luxury Condominiums
(Loan)
EB-5 Offering Terms
| Project Developer | The Kolter Group |
| EB-5 Offering | $80,000,000 |
| Min. Investment | $800,000 |
| Structure | Secured Loan |
| Term | 3 Years |
| Escrow | Yes |
| I-956F Exemplar | USCIS Approved |
| I-526E Filings | Now Available |
| Project Security | Repayment Guaranty, I-526E Approval Refund Guaranty, Job Creation Guaranty, Completion Guaranty |
ONE Tampa Project Highlights
ONE Tampa is a compelling urban EB-5 project that offers investors a clear path to a Green Card with limited immigration and financial risk.
Here are some of the key highlights of the ONE Tampa project:
- The project is a 42-story, luxury condominium tower in downtown Tampa, Florida.
- The EB-5 loan has a repayment guaranty from a diversified Kolter parent company.
- The project offers a shorter 3-year loan term, reducing duration of funds at risk.
- The project’s I-956F exemplar application has been approved by USCIS.
- Construction is well underway; $32M+ already spent.
- Strong sales to date with 100 of 225 total condo units (44%) already presold, representing $170M+ in sales revenue as of August 31, 2024.
- The project enjoys a substantial job surplus with 2,966 total jobs at completion; only 1,000 jobs are needed for 100 EB-5 investors.
- Kolter is one of the largest private developers in the United States and has invested in real estate projects totaling $30B+ in value since 1997; Kolter has completed over 100 residential projects, delivered over 27,000 units, and never failed to repay a loan. All EB-5 investments in Kolter projects are in good standing or have been repaid.
- Kolter has executed a gross maximum price (GMP) contract with Moss & Associates, a national construction management company.
- Urban TEA status means access to set aside visas (available for all countries, which means no visa backlog).
- EB-5 investors can make partial initial EB-5 investments of less than $800,000, with a commitment to fund the balance within a set period of time.
- EB-5 investors benefit from an I-526E approval refund guaranty.
- EB-5 investors benefit from a job creation guaranty.
- EB-5 investors benefit from a construction completion guaranty.
- PRXY Fund Services will serve as a third-party fund administrator.
- EB5AN’s track record includes 20+ prior EB-5 regional center projects with 100% financial success and USCIS project approval on all prior projects.
- H-1B / F-1 / E-2 / TN / L-1 visa holders can immediately adjust immigration status and concurrently file for EAD and travel documents.
ONE Tampa Project Video
For more insight into the ONE Tampa project, watch the following informative video:
ONE Tampa Construction Update Video: September 2024
ONE Tampa Construction Photos
Request ONE Tampa Financial Statements
Financial statements provide an overview of a project’s financial health. These documents including information on revenues, expenses, assets, liabilities, and profitability.
Before investing in any project, an EB-5 investor should ask to review all key financial documents to assess the project’s viability. By reviewing a project’s financial statements, an investor is able to check for potential risks before making an investment decision.
At EB5AN, we believe that transparency is vital to investors making informed decisions. If you are a foreign national looking for a low-risk EB-5 project, we are happy to share the financial statements for the ONE Tampa project with you.
Simply send your request via email to sam.silverman@eb5an.com.
ONE Tampa Project Introduction Download
The EB-5 program is complex, and each project is unique. EB-5 investors should take their time to thoroughly review a project before investing. Request a ONE Tampa project download to discover how this project fulfills all EB-5 visa program requirements.
ONE Tampa Project Location
ONE Tampa is located at 520 N Tampa Street, Tampa, Florida, 33602. Explore this location and nearby stores, services, and attractions using the map below:
ONE Tampa Project Gallery
View the gallery below to learn more about the ONE Tampa development project.
As one of the largest private developers in the United States, The Kolter Group LLC and its predecessors and affiliates have invested in real estate projects totaling over $30 billion in value (both realized and in process).
The company is headquartered in South Florida and has five divisions:
- Kolter Homes
- Kolter Multifamily
- Kolter Hospitality
- Kolter Land
- Kolter Urban.
Kolter has developed thousands of single-family homes, apartment units, condominium units, hotel rooms, and finished land lots in the southeastern United States.
Kolter has borrowed billions of dollars over its 25+ year history and has never failed to repay a loan. All EB-5 investments in Kolter projects are in good standing or have been repaid.
EB5AN is a national EB-5 consulting and investment firm with a unique team from a diverse set of institutional backgrounds, which include the following:
- business strategy
- private equity
- capital markets
- real estate
- securities, tax, and immigration law
The firm’s diversely qualified professionals give it an advantage in identifying and structuring EB-5 deals from multiple perspectives. They work with established developers in the United States interested in creating economically feasible and financially sound EB-5 projects.
Kolter Urban is affiliate of the Kolter Group focused on developing luxury condominiums in waterfront, water view, or urban in-fill locations. Kolter Urban is one of Kolter’s five business units, which also include Kolter Land, Kolter Homes, Kolter Multifamily, and Kolter Hospitality.
Moss & Associates is a national construction management company providing innovative solutions resulting in award-winning projects across the United States. Moss has world-class experience across all areas of construction management, general contracting, design-build, and public-private partnerships. The Moss team of experts spans the country with offices in Hawai’i, California, Texas, and Florida. In addition to their Fort Lauderdale headquarters, they also have Florida offices in Miami, Tampa, and West Palm Beach.
Founded in 2009, Customers Bank—publicly traded on NYSE with the ticker symbol CUBI—is a super-community bank with over $20 billion in assets.
Customers Bank has a highly diverse client portfolio, including small businesses, individual clients, and private entities with net worths of over $100 billion. The company provides dedicated personal service for the businesses, professionals, individuals, and families with whom they partner.
With its nationwide network of offices and operation centers, Customers Bank was listed #31 on the Forbes list of America’s Best Banks in 2023.
PRXY Fund Services is a third-party fund administration services company.
Their proprietary PRXY Co. platform tracks and records all EB-5 draws and project expenditures throughout the project lifecycle and provides EB-5 investors with a readily available, real-time view of comprehensive project metrics.
Erin Osborne is the founder and managing partner of EB5 Economist, an economic research firm specializing in analyzing the economic impact of EB-5 projects.
The team at EB5 Economist has completed more than 100 EB-5 economic impact reports and is well respected in the EB-5 industry.
The firm is based in South Florida and works with EB-5 projects nationwide.
