Chinese investors to get back $49 million from undeveloped Chicago condo-hotel EB-5 project

  • Written by GCBI Team Posted on December 18, 2020 | Updated on December 18, 2020 | 1 min read

After a lengthy legal battle, Symmetry Property Development has finally agreed to return the investment capital to 89 Chinese investors. The ambitious project was supposed to comprise 246 condo units, 120 timeshare units, 216 hotel rooms, and 30,000 square feet of retail space; but the site’s designation as a landmark blocked the development. 

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