Project Description

FRBH, LP is a $154 million project involving $32.5 million in EB-5 funding. FRBH, LP was created as a Limited Partnership in Virginia on July 14, 2015.

This Federal Reserve Building Hilton project is being developed in cooperation with a USCIS-designated regional center, Mississippi Development Regional Center (“MDRC”) and consists of the historic rehabilitation of the former Federal Reserve Building in Kansas City, Missouri, which will ultimately yield a 301 room Embassy Suites by Hilton hotel on the main levels while the lower levels (the former vault) will house a data center.

The development shall create 805 EB-5-countable jobs, which represents more than enough for the 65 investors. AII Funds filed the project for Exemplar approval in September 2015, and individual investors began filing I-526 petitions in November 2015.