Construction Progress<\/a><\/h6>\nOverview of the Terra Ceia Multifamily EB-5 Project<\/a><\/h6>\nTerra Ceia Multifamily Equity and Loan Offerings<\/a><\/h6>\nLearn More about Terra Ceia Multifamily<\/a><\/h6>\n<\/div>\nConstruction Progress<\/h3>\n
Kolter and Summit are off to a strong start at the Terra Ceia Multifamily, with major approvals secured and sitework well underway.<\/p>\n
Since early summer, the team has achieved several key milestones. Final Site Plan Approval and Land Development Permits were awarded on June 5, followed by execution of the Construction Contract with Summit at Closing on June 12. A Pre-Construction Approval Meeting with Manatee County took place on July 11, and just days later, on July 14, demolition and sitework activities officially began. <\/p>\n
On the permitting front, all building permit applications have cleared both building and fire review without any comments. <\/p>\n
Recent site activities are advancing smoothly. Erosion control measures have been installed and approved by the County, while demolition of the existing single-family homes is now complete. Clearing and grubbing of the remaining trees and foliage is nearing completion, and underground foundation preparation is already underway. <\/p>\n
With approvals in place and sitework progressing, the project is positioned for steady momentum in the months ahead. <\/p>\n
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Overview of the Terra Ceia Multifamily EB-5 Project
\n<\/h3>\n
High-Growth Location. <\/p>\n
The Terra Ceia Multifamily project will have convenient access to major employment hubs in Tampa, St. Petersburg, Bradenton, and Sarasota\u2014all of which are less than a 40 minute drive.<\/p>\n
The project location benefits from Manatee county\u2019s record-setting $2.9 billion budget for infrastructure and community enhancements. The area within a 3-mile radius of the property is projected to experience 77% population growth by 2028\u2014underscoring the area\u2019s strong appeal and rising demand.<\/p>\n
The broader North Port\u2013Bradenton\u2013Sarasota, Florida Metropolitan Statistical Area continues to attract national attention. It was ranked #1 in Population Gain by the LinkedIn Workforce Report<\/i> in 2023, the #2 Destination for Relocation by The Title Report in 2022, and the #3 Fastest Growing Places by U.S. News & World Report<\/i> in 2021.<\/p>\n
Excellent Developer Track Record. <\/p>\n
Terra Ceia Multifamily is being developed by Kolter Multifamily<\/a>, a division of The Kolter Group<\/a>. Kolter is an experienced developer that has completed over 100 residential projects and delivered over 27,000 units. Kolter has worked with EB5AN on over 25 prior EB-5 projects, and all EB-5 investments in Kolter projects are either in good standing or have been repaid.<\/p>\nTerra Ceia Multifamily Equity and Loan Offerings<\/h3>\n
EB-5 investors may choose between equity and loan structures based on their investment preferences.<\/p>\n
Terra Ceia Multifamily (Equity) Offering<\/h4>\n
Short 3.5-Year Target Investment Timeline<\/b>. The expected duration of the investment is 3.5 years.<\/p>\n
5.0% Preferred Return<\/b>. The Terra Ceia Multifamily (Equity)<\/a> offering is structured as an equity investment with a preferred return. This structure provides EB-5 investors with an above-market 5.0% annual return.<\/p>\nTerra Ceia Multifamily (Loan) Offering<\/h4>\n
Short Three-Year Loan Term<\/b>. The term of the loan is just three years.<\/p>\n
Terra Ceia Multifamily Equity and Loan Offerings<\/a><\/h6>\nLearn More about Terra Ceia Multifamily<\/a><\/h6>\n<\/div>\nConstruction Progress<\/h3>\n
Kolter and Summit are off to a strong start at the Terra Ceia Multifamily, with major approvals secured and sitework well underway.<\/p>\n
Since early summer, the team has achieved several key milestones. Final Site Plan Approval and Land Development Permits were awarded on June 5, followed by execution of the Construction Contract with Summit at Closing on June 12. A Pre-Construction Approval Meeting with Manatee County took place on July 11, and just days later, on July 14, demolition and sitework activities officially began. <\/p>\n
On the permitting front, all building permit applications have cleared both building and fire review without any comments. <\/p>\n
Recent site activities are advancing smoothly. Erosion control measures have been installed and approved by the County, while demolition of the existing single-family homes is now complete. Clearing and grubbing of the remaining trees and foliage is nearing completion, and underground foundation preparation is already underway. <\/p>\n
With approvals in place and sitework progressing, the project is positioned for steady momentum in the months ahead. <\/p>\n
<\/p>\n
<\/p>\n
<\/p>\n
Overview of the Terra Ceia Multifamily EB-5 Project
\n<\/h3>\n
High-Growth Location. <\/p>\n
The Terra Ceia Multifamily project will have convenient access to major employment hubs in Tampa, St. Petersburg, Bradenton, and Sarasota\u2014all of which are less than a 40 minute drive.<\/p>\n
The project location benefits from Manatee county\u2019s record-setting $2.9 billion budget for infrastructure and community enhancements. The area within a 3-mile radius of the property is projected to experience 77% population growth by 2028\u2014underscoring the area\u2019s strong appeal and rising demand.<\/p>\n
The broader North Port\u2013Bradenton\u2013Sarasota, Florida Metropolitan Statistical Area continues to attract national attention. It was ranked #1 in Population Gain by the LinkedIn Workforce Report<\/i> in 2023, the #2 Destination for Relocation by The Title Report in 2022, and the #3 Fastest Growing Places by U.S. News & World Report<\/i> in 2021.<\/p>\n
Excellent Developer Track Record. <\/p>\n
Terra Ceia Multifamily is being developed by Kolter Multifamily<\/a>, a division of The Kolter Group<\/a>. Kolter is an experienced developer that has completed over 100 residential projects and delivered over 27,000 units. Kolter has worked with EB5AN on over 25 prior EB-5 projects, and all EB-5 investments in Kolter projects are either in good standing or have been repaid.<\/p>\nTerra Ceia Multifamily Equity and Loan Offerings<\/h3>\n
EB-5 investors may choose between equity and loan structures based on their investment preferences.<\/p>\n
Terra Ceia Multifamily (Equity) Offering<\/h4>\n
Short 3.5-Year Target Investment Timeline<\/b>. The expected duration of the investment is 3.5 years.<\/p>\n
5.0% Preferred Return<\/b>. The Terra Ceia Multifamily (Equity)<\/a> offering is structured as an equity investment with a preferred return. This structure provides EB-5 investors with an above-market 5.0% annual return.<\/p>\nTerra Ceia Multifamily (Loan) Offering<\/h4>\n
Short Three-Year Loan Term<\/b>. The term of the loan is just three years.<\/p>\n
Construction Progress<\/h3>\n
Kolter and Summit are off to a strong start at the Terra Ceia Multifamily, with major approvals secured and sitework well underway.<\/p>\n
Since early summer, the team has achieved several key milestones. Final Site Plan Approval and Land Development Permits were awarded on June 5, followed by execution of the Construction Contract with Summit at Closing on June 12. A Pre-Construction Approval Meeting with Manatee County took place on July 11, and just days later, on July 14, demolition and sitework activities officially began. <\/p>\n
On the permitting front, all building permit applications have cleared both building and fire review without any comments. <\/p>\n
Recent site activities are advancing smoothly. Erosion control measures have been installed and approved by the County, while demolition of the existing single-family homes is now complete. Clearing and grubbing of the remaining trees and foliage is nearing completion, and underground foundation preparation is already underway. <\/p>\n
With approvals in place and sitework progressing, the project is positioned for steady momentum in the months ahead. <\/p>\n
<\/p>\n
<\/p>\n
<\/p>\n
Overview of the Terra Ceia Multifamily EB-5 Project
\n<\/h3>\n
High-Growth Location. <\/p>\n
The Terra Ceia Multifamily project will have convenient access to major employment hubs in Tampa, St. Petersburg, Bradenton, and Sarasota\u2014all of which are less than a 40 minute drive.<\/p>\n
The project location benefits from Manatee county\u2019s record-setting $2.9 billion budget for infrastructure and community enhancements. The area within a 3-mile radius of the property is projected to experience 77% population growth by 2028\u2014underscoring the area\u2019s strong appeal and rising demand.<\/p>\n
The broader North Port\u2013Bradenton\u2013Sarasota, Florida Metropolitan Statistical Area continues to attract national attention. It was ranked #1 in Population Gain by the LinkedIn Workforce Report<\/i> in 2023, the #2 Destination for Relocation by The Title Report in 2022, and the #3 Fastest Growing Places by U.S. News & World Report<\/i> in 2021.<\/p>\n
Excellent Developer Track Record. <\/p>\n
Terra Ceia Multifamily is being developed by Kolter Multifamily<\/a>, a division of The Kolter Group<\/a>. Kolter is an experienced developer that has completed over 100 residential projects and delivered over 27,000 units. Kolter has worked with EB5AN on over 25 prior EB-5 projects, and all EB-5 investments in Kolter projects are either in good standing or have been repaid.<\/p>\n EB-5 investors may choose between equity and loan structures based on their investment preferences.<\/p>\n Short 3.5-Year Target Investment Timeline<\/b>. The expected duration of the investment is 3.5 years.<\/p>\n 5.0% Preferred Return<\/b>. The Terra Ceia Multifamily (Equity)<\/a> offering is structured as an equity investment with a preferred return. This structure provides EB-5 investors with an above-market 5.0% annual return.<\/p>\n Short Three-Year Loan Term<\/b>. The term of the loan is just three years.<\/p>\nTerra Ceia Multifamily Equity and Loan Offerings<\/h3>\n
Terra Ceia Multifamily (Equity) Offering<\/h4>\n
Terra Ceia Multifamily (Loan) Offering<\/h4>\n