
The development of Rock Hill Town Center has been divided into two phases, Phase I and Phase II. Phase I will include the construction of a 90-room hotel, 60,000 sqft. of retail space, 384 apartment units, and the balance of infrastructure required for the commercial space and 1,273 fully improved residential lots. Phase II will include the development of another 60,000 sqft. of retail space and the remaining infrastructure required.
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The Rock Hill Regional Center, LLC. is currently pending approval through the USCIS.
Wednesday, September 19, 2012
US House passes three year extension of EB-5 regional center program
On September 13, 2012, the U.S. House of Representatives passed S. 3245 (412-3) – which includes a three year re-authorization of the EB-5 Regional Center Program through September 2015. Having passed by the Senate on August 2, the bill is now on its way to President Obama for signature – likely later this week. Judiciary Committee Chair Lamar Smith (R-TX), Immigration Subcommittee Ranking Member Zoe Lofgren (D-CA), Representative Rick Larsen (D-WA), and Representative Peter Welch (D-VT) all spoke in favor of the EB-5 Regional Center Program re-authorization.
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