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Group 101 - Hillwood Venture (BTS) - CMB Regional Centers

Group 101 – Hillwood Venture (BTS)

Detroit, Michigan

**Artist Rendering**

$79.2M

EB-5 Loan

$305M

Total Project Spending

2,287

Estimated Jobs from Development & Contruction

131.01%

Job Creation Buffer

23.1

Jobs Per Investor

The Group 101 Project

An Industrial Logistics Development located within a
Qualified Targeted Employment Area (TEA)

The Project

CMB Group 101 Hillwood Venture Build-to-Suit (BTS) will involve the development and construction of a modern Class-A, 2,111,200 square foot (196,137 square meter) build-to-suit regional distribution facility designed to meet the needs of a major automotive parts manufacturer.

The project will be located on a 318-acre (129 hectare) land site owned by Wayne Country Airport Authority (“WCAA”). 

Hillwood Venture Build-to-Suit (BTS)

The project site is located southwest of Detroit in Van Buren Township, Michigan (Wayne County), which boasts convenient access to multiple transportation hubs along the I-94 and I-275 corridors. 

In addition to the facility, the project will include the construction of a guard house, an outdoor water tank to service the facility, 552 parking spaces / 980 trailer spaces, 43 loading docs, and approximately 423,000 square feet (39,298 square meters) of outdoor storage space. Upon completion, the facility will serve to consolidate multiple facilities and will serve as a key parts storage and distribution facility serving the North American market.

CMB & Hillwood Relationship

Ross Perot, Jr. serves as Chairman of Hillwood, which he founded in 1988. In addition, Mr. Perot is the Chairman of The Perot Group, which manages the various Perot family interests which include real estate, oil and gas and financial investments. Hillwood is ranked among the top ten real estate developers in the United States and is recognized for its high-profile projects and publicprivate ventures.

45

CMB/Hillwood
Partnerships

24

Partnerships with
I-829 Approvals

27

Partnerships with
Loan Repayment

$500M+

In Loan Repayment

PROJECT TIMELINE

• Early site preparation activity Q1 2025

• Sublease Execution Q2 2025

• Ground Lease Q3 2025

• Design/Permitting Q3 2025

• Mass Grading Start Q3 2025

• Vertical Construction Q3 2025

• Substantial Completion Q2 2027

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