UPDATE: EB5 Capital has just announced the closing of its significant $42.4 million investment in the Atlanta Woodrow Apartments (JF41) project, a major development that promises to reshape the South Atlanta landscape.
This high-impact investment is crucial for a high-unemployment Target Employment Area (TEA) in Atlanta, Georgia, where the new Class A multifamily development will feature 300 units across four modern apartment buildings and 25 townhomes. The project is also set to include luxurious amenities such as a resort-style pool, a state-of-the-art fitness center, and a vibrant gaming courtyard, ensuring top-tier living conditions.
Located just ten miles from the world’s busiest airport, Hartsfield-Jackson Atlanta International Airport, this project positions itself in a rapidly developing area near downtown Atlanta, making it an attractive option for future residents. Atlanta is recognized as the financial and commercial hub of the Southeast, housing major corporations including UPS, Coca-Cola, Delta Airlines, Home Depot, and CNN.
“This project is a great example of how the EB-5 Program helps redevelop communities,” stated Jonathan Mullen, EB5 Capital’s Senior Vice President of Investments. He emphasized the project’s potential to create over 900 new jobs in the area, directly benefiting residents in a high-unemployment zone.
The Atlanta Woodrow Apartments project marks EB5 Capital’s 21st multifamily investment and its second initiative in Georgia. Construction is slated to begin in Q3 2025, with completion expected by Q1 2027.
As one of the oldest and most active Regional Center operators in the United States, EB5 Capital has successfully raised over $1 billion in foreign investment across more than 45 EB-5 projects. The firm has attracted investors from over 75 countries, demonstrating its strong position in the market.
This development is not just about real estate; it represents a lifeline to the community, fostering growth and stability in an area that needs it most. The Atlanta Woodrow Apartments project is poised to make a lasting impact and is a testament to the potential of the EB-5 Visa Program to transform communities.
Stay tuned as this story develops and brings more updates on the impact of the Atlanta Woodrow Apartments project. For further details on EB5 Capital and their initiatives, visit www.eb5capital.com.
