Project CMB-64 Hillwood Rialto & Sycamore I

EB-5 Projects

The project’s EB-5 information

Toal EB-5 loan

$49,500,000

Total project’s expenditure

$321.800.000

Total estimate job

1.404 jobs

Total created job in provision:

41.8%

PROJECT OVERVIEW

Hillwood Rialto & Sycamore is a collaborative project between CMB Regional Center and Hillwood Development which is in the top 10 of first-rate real estate development companies in the United States. CMB and Hillwood have a long collaboration with great success in 23 different CMB EB-5 partnerships including The Group 64 Project. Up to now, the I-562 petitions of 17 in these 23 partnerships have been in approval.

Project Detail

The Group 64 Project consists of 2 ports:

  1. Expanding and constructing the industrial/logistics establishment (“Building 6”), located on the former Rialto Airport, in Rialto city, Califomia.
  2. Expanding and constructing the Sycamore Canyon Building (“Building 1”) which is also known as Magnon Development.

The Building 6:

  • The building & will be the distribution logistics center with Class A output and its approximate area is 79.4sqm.
  • The building is about 90 km far away from the heart of Los Angeles city and 119 km from Los Angeles Port and Long Beach for its location in Inland Empire area, Rialto city, southern California
  • The building is located in the south of Interstate 1-210 and Renaissance avenue which provides facilitation to residents to get to Interstate 1-210 and 1-5
  • This project is located in job creation area confirmed by the State of California
  • The building is 9.75 meters high with ESFR fire alarm system
  • The building includes a wide parking lot for trucks and tractor trailers, 2,869 cars and 543 vans

The Building 1:

  • The building is located in Inland Empire area, Rialto city, southern California about 98.2 km far away from the heart of Los Angeles city and 112,7 km from Los Angeles Port and Long Beach, which is the only area for industrial development.
  • The building 1 will be the distribution logistics center with Class-A output and its approximate area is 94,110sqm….

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