Riviera Point Business Center at Doral is a modern, contemporary architecture 40,000 Sq Ft waterfront office campus, conveniently located off NW 87th Avenue and 12th street in the thriving city of Doral. Offices range from 825 Sq Ft to to 1,419 Sq Ft for professionals and small businesses.
This project is part of a Regional Center already approved by the United States Citizenship and Immigration Service (USCIS) under the EB-5 visa program with vacancy rates that support the Tenant Occupancy requirements of the USCIS. The area is already designated as a Targeted Employment Area (TEA). Investment is a loan-based model limited to 19 qualified investors.
The EB-5 visa programwas created by the USA Congress in 1990 to encourage foreign investment that creates U.S. jobs. The program allows a foreign investor and his or her immediate family to obtain conditional USA residency by investing in a commercial enterprise that generates at least 10 full-time jobs for USA workers within two years of the investment. The general minimum qualifying investment in the US is $1 million or $500,000 for projects located in Targeted Employment Area (high-unemployment or rural areas). Once the criteria is meet, the migratory status becomes permanent.
Features
FACTS AND FEATURES
41,000 square feet of waterfront office space in the City of Doral
Bays ranging approximately from 825 to 1,419 Sq Ft designed to accommodate professionals and small businesses
This project is part of a Regional Center already approved by the United States Citizenship and Immigration Service (USCIS)
Vacancy rates support the Tenant Occupancy requirements of the USCIS
The area is already designated as a Targeted Employment Area (TEA)
Investment is a loan-based model limited to 19 qualified investors
Parking spaces will not be assigned but buyers/tenant can bring as many cars as they want
Ground break in August 2014
Delivery 12 to 14 months from ground break
Units will be delivered finished and ready for occupancy (no flooring)
Condo Fees: $3.3 per SF per year (including insurance and reserves)
Medical use allowed
Restrictions for the following uses: telemarketing, bond attorneys, addiction therapy clinics, no pets, etc
Contracts and Condo Docs will be ready in April 2014
WHY INVEST IN DORAL
City of Doral rated 2nd on Forbes Best Living List
Rated “Best City in Florida for Start-Ups” by Business Week
Rated #1 City for International Trade in Miami
The expansion of the Panama Canal will greatly benefit Miami and Doral’s economy
Miami International Airport rated #1 in International Freight
Home to the world renowned Trump Golf Resort
3rd best place to retire by usnews.com
Average household income of $111,000 a year, twice the average of Florida
Doral’s population has grown 77% in the last 8 years
150,000 employees come to Doral everyday, 3x it’s population of 46,000