Riviera Point Holdings LLC broke ground March 29 on a $17 million business complex in Miramar, Fla., that brings international investment and a location for hundreds of new jobs to the area.
The first new office construction in that market since 2009, The Professional Center at Riviera Point, located on a four-acre site at University Drive and the Florida Turnpike, will have 70,000 square feet of office space in two four-story buildings.
The initial building is projected for completion in February 2013.
EB-5 allows a foreign national interested in obtaining permanent U.S residency to qualify by investing in a commercial enterprise that generates at least 10 jobs for U.S. workers for two years.