Hart said a $5 million goal for the Astor s renovation is achievable, because the amount needed is s

A different group of developers had looked to EB-5 investors to raise $75 million for construction of the 17-story, 349-room Margaritaville Hollywood Beach Resort. But their efforts failed, leaving the future of that project uncertain.
Hart said a $5 million goal for the Astor s renovation is achievable, because the amount needed is smaller, the Art Deco hotel well-established and South Beach better known for investment than Hollywood beach.
Renovation of the Astor, located at 956 Washington Ave., is expected to create 110 direct jobs. To qualify for U.S. residency visas, EB-5 investors must create 10 jobs each in the United States, said Hart.
[...] Courtesy of Hotel Astor in South Beach, Expedia.comOrlando Sentinel (blog)A group renovating the 42-room Hotel Astor in Miami Beach aims to raise $ 5 million from 10 foreign exotic car rentals in melbourne australia investors — or $ 500000 each — through the U.S. employment-based visa program called EB-5. Those investors will get equity in the Art Deco gem and can and more [...]
About the Bloggers Arlene Satchell covers retail, marine industry exotic car rentals in melbourne australia and telecom trends for the South Florida Sun Sentinel. The travel buff and adventure lover is always looking for new places to explore.