Philadelphia Navy Yard III

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Philadelphia Navy Yard

The Philadelphia Navy Yard leveraged $18 million in EB-5 funding through CanAm Enterprises’ regional center, completing three transformative construction phases. The first $2.5 million investment in a mixed-use building created 203 jobs and matured in 2009. A second $2 million loan generated 106 jobs and matured in 2010. The final $13.5 million loan created 418 jobs and matured in 2013, significantly enhancing the Navy Yard’s infrastructure and economic vitality. 

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The EB-5 landscape has shifted dramatically since the passage of the EB-5 Reform and Integrity Act (RIA). What does this mean for investors, developers, and the future of economic development...

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