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Apr 20th, 2023

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COVID sinks plans for 17-acre Seattle lakefront project funded with $100 million of EB-5 money

A huge beachfront complex in a Seattle suburb is set to be auctioned in June by its lender. The $590 project secured $100 million from 200 EB-5 investors. While there were hopes for Big Tech tenancy, the pandemic and the shift to remote work sank the project that planned for a 17-acre lakefront mixed-use development.

See The Seattle Times article

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