CMB Infrastructure Investment Group 84, LP (Group 84) will raise up to $79.2 million of EB-5 investment capital to provide a loan to an affiliate of Hillwood Development Company (Hillwood), a top ten U.S. real estate developer, for the development and construction of Hillwood Daytona BTS. The Group 84 Project will consist of a build-to-suit logistics facility in the State of Florida.
HILLWOOD DAYTONA BTS
The Project consists of a class-A, light industrial facility to be constructed on 110.96 acres of land in Daytona Beach, Florida. The Project is to be constructed off S. Williamson Blvd., east of the intersection of Bellevue Avenue and S. Williamson Blvd. in Volusia County, Florida.
The Project is located approximately 1 mile east of I-95 and immediately south of the Daytona Beach International Airport and provides convenient access to I-95, I-4, and US 92, which are all significant arteries serving the Volusia County area and central Florida. The proposed development will serve the residents of greater Daytona Beach area and Volusia County.