Washington Regional Center (AUSA) is about to launch a luxury apartment and 4-star hotel project in Seattle's Central Business District. It plans to recruit 150 EB-5 investors and raise 75 million USD. The total investment for the project is 174 million USD, of which land costs are 20.3 million USD and hard construction costs are 131 million USD.
Excellent geographic location
The project boasts an excellent geographic location, close to the Seattle Convention Center, the cruise terminal, and Pike Place Market, Seattle's top tourist hot spot. A happy working attitude and a humorous way of selling make this hot spot world-famous, becoming a must-visit attraction for tourists, attracting 12 million visitors every year.
Strong rigid demand
The reason the Washington Regional Center chose luxury apartments and hotels in the Central Business District as a development project is precisely because it sees the strong rigid demand for such projects in the local Seattle market. In terms of apartments, rigid demand is reflected in rising rents brought about by low supply, with vacancy rates falling below 5%; in terms of hotels, hotel occupancy rates are recovering, business travel has returned, leisure tourism remains stable, and the weakening US dollar has attracted more foreign tourists.
Seattle — A city in the US suitable for living
Coffee, Seahawks, Sleepless in Seattle—no matter which angle you look at it from, Seattle is a city suitable for love and leisure. In fact, known for its mild weather all year round, it is considered one of the most livable places in the United States. Of course, Seattle is also an important US port, known by people as the "gateway to Alaska and the Far East." Similarly, it is also the headquarters of two major companies, Microsoft and Boeing. The Seattle metropolitan area has a population of 3.5 million. Seattle has a marine climate, with mild weather; it is not too cold in winter and not too hot in summer. Seattle's climate and temperature are similar to Vancouver, a large Canadian city nearby.
Seattle is an incredible city. It has the lowest elevation but also features ancient glaciers, active volcanoes, and snow-capped peaks all year round. Seattle is also a city blessed with natural advantages; it has green mountains, lakes, harbors, and rivers, and possesses a mild climate with four seasons like spring. Whether in the United States or elsewhere in the world, it is almost impossible to find another city like Seattle, where mountains and flat land are covered with dense, nearly primitive forests. Both inside and outside the city are adorned with quiet harbors, rivers, and green trees, interspersed with colorful streets. And amidst the mountains surrounding the city, dozens of large and small lakes are hidden here and there. The trees are lush, the grass is green, and even the drifting rain and the lightly passing wind carry a green hue.
