Congratulations to Hillwood Development Company, a partner with CMB in 31 EB-5 projects.August 18, 2020
Hillwood Development Company, a long-time partner with CMB Regional Centers in 31 EB-5 projects, made headlines last week with an announcement of Hillwood’s collaboration with the City of Detroit, Michigan. CMB congratulates the City and residents of Detroit, Hillwood Development and the Sterling Group for this achievement and the creation of a vital public - private partnership. The City of Detroit and Hillwood handshake is certain to become a centerpiece of success for all involved.
The list of benefits to the City and Residents of Detroit is impressive. A $400,000,000 investment for the development of a new 3.8 Million Square-foot e-commerce distribution facility on the site of the former State Fairgrounds, the creation of 1,200 jobs with good pay and benefits, a new regional transit center and an entrepreneurial academy. These accomplishments will reverberate economic energy and the Spirit of Detroit throughout the City and the Greater Detroit Area. Read the City of Detroit’s press release in its entirety.
CMB’s current project in the Detroit, Michigan region, is CMB Group 75. Non-affiliated with the City of Detroit’s project mentioned above, CMB Group 75 also partners with Hillwood. The CMB Group 75 project is a logistics development being developed through an association with Hillwood and The Sterling Group working in concert with local governmental leaders. The project site is located in Commerce 275 Business Park, situated near the Wayne County International Airport, in Huron Township, and the former location of the long-ago shuttered Pinnacle Race Track. The CMB Group 75 project brings funding, revitalization and job creation to an area in the Detroit region with an unemployment rate 150% of the national average. For information on CMB Regional Centers, or CMB EB-5 Project Group 75, please visit: www.cmbeb5visa.com projects page or contact by email: email@example.com
For more on Hillwood visit their website, press release here: https://detroitmi.gov/sites/detroitmi.localhost/files/news/2020-08/StateFairPurchasePressRelease.pdf