This EB-5 Regional Center Designation, which covers the greater Des Moines area, clears the way for

The long delay resulted from processing by the U.S. State Department of an application for crucial “EB-5” foreign investor visa program funding, which had been submitted by Yareton Investment Management of Washington, LLC, the hotel developer.
This EB-5 Regional Center Designation, which covers the greater Des Moines area, clears the way for construction of the Artemis, Albert Sze , project manager for Yareton, said at a dinner for local political and business leaders to celebrate the news at Salty’s at Redondo hertz rental car coupon codes and special offers July 21.
In the meantime, hertz rental car coupon codes and special offers Sze added, they “still need all kinds of continuing legal help … for more investors from China” hertz rental car coupon codes and special offers to be granted hertz rental car coupon codes and special offers EB-5 visa program approval that will result in even more job creation. At this time, “everything looks good.”
And with the U.S. Open coming to Chambers Bay Golf Course near Tacoma in June 2015, they need “110 percent support from start to finish for our general contractor to finish the job in 22 months,” so the Artemis is open to guests by that April or early May.
The eight-floor Artemis Hotel site is located three miles south of Seattle-Tacoma International Airport and just north of the Interstate 5-Kent/Des Moines Road interchange – and along the eventual Link Light Rail route between Sea-Tac and Federal Way.
It will include Des Moines’ first convention center, a banquet room that can accommodate 300 guests, and two full-service restaurants – an authentic four-star Chinese restaurant for fine dining that serves authentic Chinese cuisine and an American grill.
Located at 22406 Pacific Highway S., the Artemis will include a convention center, the first such facility in Des Moines, nine penthouse suites, banquet facilities for 300 guests with a separate kitchen, a water-feature spa, and workout facilities.
hertz rental car coupon codes and special offers “We talked about building a hotel in the Unites States that would feature Chinese culture and Chinese cuisine,” Mr. Yang said at the groundbreaking in mid-2011. “This is a win/win situation for the city and the investors.”
Shahzad Qadri , an attorney with Wong Fleming, LLC, in Bellevue, a leading law firm for securing EB-5 Regional Center approvals, who is representing the Artemis developers, also noted at Sunday’s dinner that this designation will benefit all businesses in Des Moines.
“We’re finally there,” Qadri said. “We believed in it from day one. What is really exciting about this project is that it’s … opened doors for development in Des Moines. hertz rental car coupon codes and special offers We’re excited. And we hope you are too.”
“I can’t possibly state what this project means to Des Moines,” Mayor Dave Kaplan said. “Success breeds hertz rental car coupon codes and special offers success. We’ve been on the brink of success for a long time and now we’re starting to see the fruits of that. EB-5 means a lot for the entire Pacific Ridge area.”
Kaplan than paid tribute to Councilman hertz rental car coupon codes and special offers – and former mayor – Bob Sheckler because of his efforts to show “the difference of what Des Moines, has compared to Tacoma, to Mr. Yang and others” – and for “the political hertz rental car coupon codes and special offers risk” he Sheckler hertz rental car coupon codes and special offers took to bring the Artemis to Des Moines.
On a trip to China in 2009 – to discuss a possible exchange program for Highline Community College students as well as a sister-city connection there for Des Moines – Sheckler hertz rental car coupon codes and special offers was introduced to Mr. Yang.
From that meeting a business relationship between the two emerged hertz rental car coupon codes and special offers and, despite opposition from some dissident local lawmakers who are no longer in office, Sheckler crafted a majority coalition on the Des Moines City Council that opened doors for the Artemis Hotel project.
“I don’t think a lot of people who have been critics of the hotel understand” that Mr. Yang has “got ‘X’ number of dollars to make this happen hertz rental car coupon codes and special offers – and one of the conditions for it to happen that the EB-5 be granted,” Sheckler said Sunday.
Congress created the fifth employment-based preference (EB-5) immigrant visa category in 1990 for qualified foreigner hertz rental car coupon codes and special offers investors seeking to invest in a business that will benefit the U.S. economy and create or save at least 10 full-time jobs.
The basic amount required to invest is $1 million, although that amount is reduced to $500,000 if the investment is made in a rural or high unemployment area. Of the approximately 10,000 EB-5 green cards available each year, 3,000 are reserved for foreign nationals hertz rental car coupon codes and special offers who invest.
Posted by Scott Schaefer on Monday, July 22, 2013 at 2:19 pm Filed under Business , Featured Stories , Headlines , Life , Politics Tagged with artemis hotel , construction , Des Moines , EB-5 , foreign investor visa program , hotel , news , Politics
I am suspicious by nature and wonder why: A Chinese enterprise entering our community which is centrally located to McCord AFB, Fort Lewis, Coast Guard Station in Seattle, Bangor Submarine Station, Bremerton Naval Base. Are we forgetting that while the Chines people are our friends and suffer various forms of persecution? China is not an ally. Could we construct such an ideally hertz rental car coupon codes and special offers located hotel in China? To what extent will this wondrous palace alleviate our current shortfall of round three million dollars? hertz rental car coupon codes and special offers Will it take away business from our already great Chinese restaurants in Des Moines? How many listening devices will be planted in construction and who is watching this? THINK!
Mark on FEEL GOOD FRIDAY: Seagulls DM Resident on City begins marina floor development plan Richard Doggett on City begins marina floor development hertz rental car coupon codes and special offers plan Dan Kennedy on Who will Walk the Plank at April Pools Day at Mount Rainier Pool April 19? DM Resident on City begins marina floor development plan Susan White on City begins marina floor development plan Jan Magnuson on FEEL GOOD FRIDAY: Old People. Brian Snure on FEEL GOOD FRIDAY: Old People. Lisa Meinecke on FEEL GOOD FRIDAY: Old People. Wanker hertz rental car coupon codes and special offers on Berkshire Hathaway Open House: Normandy Park 3-BD w/Beach Rights!