Legacy Hotel & Residences Obtains I-956F Approval

It is with real pleasure that LCR announces some great news:  USCIS has approved the I-956F project filing for the Legacy Hotel & Residences project.

This accomplishment not only underscores the integrity of our project but also the meticulous planning, unwavering dedication, and visionary foresight demonstrated by the EB-5 project team. We extend our heartfelt congratulations to all involved, particularly Saul EwingBaker TillyJTC, and the Royal Palm Companies, for their exceptional contributions.

Why is Legacy such a great project?

  • Advanced Construction: The Legacy building’s construction has reached the 17th floor, and over 1,000 jobs have already been created.
  • Strong Business Plan: The Legacy Residences sold out before construction began.  This reflects the design choices, location and strength of the Miami market.
  • Iconic Design: With the largest hotel pool deck in Miami and a Singapore-inspired cantilevered pool and atrium on the 50th floor, Legacy will be recognized as a Miami landmark and iconic building across the United States.
  • Experienced Developer: Royal Palm Company completed the successful Paramount building with the same team and has delivered I-526 approvals for its EB-5 investors.

Why is I-956F approval important?

  • Validation by USCIS: Assures project meets strict economic and job creation criteria.
  • Eligibility for EB-5 Investment: The project is now formally authorized to approve EB-5 investments.
  • Enhanced Investor Confidence: Bolsters trust and removes the risk of project denial at I-526E adjudication.

For more information about this project, visit our project page for full details

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