Blog | Page 2 of 6 | Metropica

South Florida developers set sights on Chinese investors

As Chinese buyers surpass Canadians as the top foreign purchasers of U.S. residential real estate, luxury developers and marketers in South Florida have been eager to get in on the action. Though Chinese buyers have purchased $27.3 billion worth of property in the United States in...

Sunrise gives go-ahead for first phase at Metropica

The Sunrise City Commission has signed off on the first phase of commercial construction at Metropica, the $1.5 billion development at Sawgrass Expressway and Sunrise Boulevard. The city approved Metropica Holdings’ site plan that allows for 370,000 square feet of retail and a 345-unit rental apartment...

Sunrise commission OKs phase one of Metropica

Metropica secured approval for the first phase of the 65-acre, master-planned community in west Broward County. The Sunrise City Commission OK’d 370,000 square feet of retail space, a 345-unit apartment building, and the rights to a 240-room hotel and 140,000 square feet of Class A office...

Initial phase of Metropica approved in Sunrise

Metropica received unanimous approval to begin construction on its initial phase that will include 370,000 square feet of retail, dining, and entertainment along with a 345-unit apartment. Also within the City of Sunrise Planning and Zoning Committee’s approval is the development’s ability to add a 240-room...

Retail phase of 65-acre Florida project is approved

Metropica, a 65-acre community planned for Sunrise, Florida, will begin building 370,000 sq. ft. of retail, dining, and entertainment space after getting the go-ahead from the town’s Planning and Zoning Committee. Tenants waiting to fill the space include iPic Theaters, Anthropologie, Fogo de Chao, Kings...

Metropica Looking for EB-5 Dollars in Sunrise

The 65-acre Metropica development in Sunrise is seeking foreign money via the EB-5 visa program. The sprawling mixed-use project next to Sawgrass Mills is offering the investment option for immigrants looking to relocate to the U.S. The EB-5 program grants visas to investors and their...

On the scene at Metropica’s EB-5 bootcamp

As part of its bid to grab overseas investment dollars, the Metropica development team recently held a training event for the EB-5 program that allows foreign nationals to reside in the U.S. after making an investment in a job-creating venture stateside. The event, attended by agents...

Metropica EB-5 training session

Metropica’s recent EB-5 training session was held at their sales gallery in Sunrise on Sept. 14. The event included a discussion on the financial options available at the 65-acre master-planned development and featured presentations by Julian F. Montero of Arnstein & Lehr, who spoke about...

South Florida by the numbers: Focus on EB-5 visa program

“South Florida By The Numbers” is a web feature that catalogues the most notable, quirky and surprising real estate statistics. It is the hottest investment source in South Florida real estate development. It can create thousands of local jobs, and pump millions of dollars into our...

Metropica mixed-use project seeks to raise $70M from EB-5

The Metropica mixed-use project in Sunrise has started accepting investments through the EB-5 visa program. KGH International Development said its initial goal is to raise $70 million through the EB-5 program and use the proceeds to pay off its senior construction loan. The EB-5 investors...