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 Ewing, Baker Tilly, JTC, 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
