We are pleased to provide an update on the 550 West Chelsea Residences EB-5 Project, a boutique luxury residential development located at 550 West 21st Street along Manhattan's Hudson River waterfront.
550 West Chelsea Residences Progress Update
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The 550 West Chelsea Residences EB-5 Project in Manhattan’s West Chelsea has generated sufficient jobs to meet and exceed the job creation requirement for its 63 EB-5 investors.
Overall, construction remains on schedule, with steady progress across all work fronts and key project milestones continuing to be achieved.
The Project is being developed by HomeFed Village 8 III, LLC, which is owned by HomeFed LLC, the owner of the Project site, and serve as the Job Creating Entity...