SAN FRANCISCO, October 23, 2019 – Golden Gate Global, a multi award-winning regional center headquartered in San Francisco, has announced the launch of its 12th EB-5 Fund, San Francisco Waterfront. The fund is part of a highly anticipated Port of San Francisco development project aimed to further activate the Northeast Waterfront Historical District. A $142M development, the project is an exemplary public-private partnership between the City & County of San Francisco, the Port of San Francisco, Marriott Hotels, Kenwood Investments, and Teatro-Zinzanni.
The San Francisco Waterfront project includes an LEED-certified AC Marriott Hotel and a glass-walled gazebo. The gazebo structure is designed to showcase Teatro Zinzanni’s century old travelling Belgian “spiegeltent” and provide high scale dinner entertainment on the waterfront. Construction is set to begin late 2019, through early 2022; with the hotel operation beginning as soon as construction concludes.
“The San Francisco Waterfront EB-5 project provides a unique investment opportunity for immigrant investors who can participate in an exclusive waterfront development project and start their journey to obtain their Green Cards” said Steven Kay, Founder and Co-CEO of Golden Gate Global. Since inception, Golden Gate Global has raised over $600 Million in EB-5 funds from immigrant investors through landmark projects such as the San Francisco Shipyard, Sacramento Kings–Golden 1 Center and Brooklyn Basin. To date, funded projects have created an estimated 22,000 jobs, developed thousands of housing units and created sustainable opportunities through commercial and retail corridors.
As the regulations for the EB-5 program are set to change on November 21st, 2019–increasing the minimum investment amount from $500,000 to $900,00 and from $1 million to $1.8 million for non-Targeted Employment Areas–San Francisco Waterfront provides immigrant investors with an EB-5 investment opportunity, backed by the City and County of San Francisco, to pursue their Green Card through.
About Golden Gate Global
Golden Gate Global is a leading EB-5 immigrant investment regional center based in San Francisco and licensed by the United States Citizenship and Immigration Services to facilitate EB-5 immigrant investment into high-economic-impact projects in multiple regions in the United States. The company is founded upon its distinguished executive leadership, successful project partners with demonstrated records, and noteworthy projects with exceptional economic opportunity and return. www.3gfund.com
Media Contact:
Golden Gate Global
Kathy Hwang
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