The EB-5 visa program offers green cards to foreign investors for $500,000
It’s grown tremendously in popularity in China
Sycamore at Tyvola apartments will total 288 units
A visa program that offers foreign investors the chance to get a green card for a $500,000 investment in a U.S. development is potentially helping fuel a new apartment project on West Tyvola Road.
Sycamore at Tyvola, located on 30 acres near West Tyvola Road and South Tryon Street, pulled grading permits this week which will allow it to start clearing the vacant land soon. Philadelphia-based Switzenbaum & Associates is developing the project, which will total 288 new units in six four-story buildings with elevators. The project is expected to be complete in winter 2017, according to Switzenbaum’s website.
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