Airabella Lake Oconee
Project information
Location | Greensboro, GA |
EB-5 Offering | $80,000,000 |
Investment | $800,000 |
Structure | Debt |
Term | 5 Years |
Visa Priority | Rural Project with 20% Visas Set Aside |
Project Security | Diversified Real Estate Investment |
Airabella Lake Oconee Resource Links
About Airabella Lake Oconee Project
Fund presents it’s latest offering – Airabella Lake Oconee is a proposed, 137-acre mixed-use residential property, to be located just a stone’s throw from beautiful Lake Oconee, will add layers of experiences to the area’s everyday offerings including chef-driven restaurants, a brewery, a boutique hotel, local retail, shared green space and a nine-hole public golf course. In this pedestrian-friendly community, residents and guests can park and leave their cars. Walkways and cartways, overlooks, pocket gardens, bridges, fire pits and benches emphasize walkability and self-propelled mobility in this walkable outdoor community.
The Village at Airabella
A town-center-style hub featuring:
- Specialty retail, restaurants, and grocery stores
- Class A loft office space
- Class A medical office space
Hotel Airabella
Marriott Tribute Portfolio Hotel with 125 boutique keys
Managed condo residences
Spa, meeting/wedding facilities
Premium resort amenities
Golf Course and Wedding Venue
32 acres with a nine-hole executive golf course
Putting course, pro shop, and clubhouse
Integrated into the village for seamless access
Weddings anticipated as a major economic driver
Living at Airabella
Amenity-rich townhomes and single-family homes
World-class amenities and an elevated lifestyle
Q3 2024 Updates
Construction Update – Phase 1A Sitework
Airabella Lake Oconee advances its first phase with significant progress:
- Grading of roads and pad sites complete
- Utilities installed (storm, sewer, water)
- Pad sites ready for vertical construction of 27 townhomes
- Townhome plans submitted for county approval
- Sales Center onsite, fully operational
- Listing agreement executed for Phase 1A townhomes
- Clearing and infrastructure work started for Phase 1B (51 townhomes)
Erosion Control Measures
Hurricane Helene tested our resilience with heavy rain, but newly installed dry ponds and stormwater systems mitigated damage effectively.
Ongoing Developments
Paving, curbs, and landscaping underway in Q4
Skyview Townhomes set to go vertical by year-end
Onsite Sales Studio fully equipped with:
- Interactive displays
- Interior finish samples
- Sales offices with a deck overlooking construction
Commercial Space & Tenant Interest
Ongoing discussions with:
Retail & Restaurants: Brewery, steakhouse, chef-driven restaurants
Specialty Shops: Wine bar, bakery, ice cream, art gallery, butcher shop
Wellness & Services: Spa, wedding boutique, nail studio, kitchen supplies, and health services
Grocery & Market: Evaluating best brand fit for the community
The construction team is engaged in predevelopment work, with commercial conceptual designs progressing. Initial pricing estimates are expected in Q4.
Q4 2024 Updates
Phase 1A Progress & Sales Update
- Final sitework is nearly complete, with the final plat submission pending county approval.
- 21 townhomes were presold locally in December
– 1 unit under contract
– Several buyers expressing strong interest
– MLS listings expected to drive further activity in Spring 2025 - 80+ real estate agents attended an onsite open house, generating substantial interest.
Design & Amenities Enhancements
Interior renderings completed for Aster and Vista units, with three courtyard options:
- Base Courtyard
- Outdoor Kitchen Upgrade
- Outdoor Kitchen & Pool Upgrade
- Updated Phase 1 sitemap released
Commercial & Golf Operations
Site planning work continues, with final layouts for commercial and golf facilities nearing completion.
Commercial broker engagement set for Q1 2025 to transition from LOIs to lease agreements.
National brands being targeted, with strong grocery store inquiries in progress.
Construction of commercial spaces expected to begin in Fall 2025.
Investment Highlights
- Sustainably designed, master-planned community in a sought-after Georgia vacation destination
- Diversified portfolio: Retail, hospitality, residential, and commercial real estate
- Proven market demand
- Rural EB-5 project with set-aside visa eligibility
- Job creation exceeding EB-5 program requirements
- Experienced development team with a track record of success in real estate and EB-5 projects
Have questions on EB5 investment? We’re here to assist you.
Foreign investor with a minimum investment amount of $800,000 USD or equivalent Currency is required. These funds have to be validated and investors must be an accredited. There are no minimum educational or English knowledge requirements for the green card under the EB-5 Program. The minimum age of primary applicant is 21, with no criminal records.
- Setup an initial consultation with Shoora EB5 to discuss your case
- Provide your financial information to Shoora EB5 to show you meet accredited investor requirements
- Request your EB-5 project offering documents and read them fully. Ask questions as needed.
- Sign the subscription documents for the EB-5 project
- Transfer the capital investment
- Hire an immigration attorney
- Create a source of funds report
- File your I-526 petition through our immigration attorney
Shoora EB5’s current project is Airabella Lake Oconee. Airabella Lake Oconee is a proposed, 137-acre mixed-use residential property, to be located just a stone’s throw from beautiful Lake Oconee, will add layers of experiences to the area’s everyday offerings including chef-driven restaurants, a brewery, a boutique hotel, local retail, shared green space and a nine-hole public golf course. In this pedestrian-friendly community, residents and guests can park and leave their cars. Walkways and cartways, overlooks, pocket gardens, bridges, fire pits and benches emphasize walkability and self-propelled mobility in this walkable outdoor community.
Yes, Parents/Friends can gift $800,000 USD to their children for investment too.
- The EB-5 program requires a $1,050,000 for a standard (non-TEA investment) and $800,000 for a Targeted Employment Area investment (TEA).
- Targeted Employment Areas can either be high-unemployment areas or rural areas. To qualify as a high-unemployment TEA, an area must have an unemployment average of at least 150% of the U.S. national unemployment rate.
- To qualify as a rural TEA, an area must be outside a metropolitan statistical area (MSA) and cannot be within a city with a population of more than 20,000.
- The job-creating entity (JCE) is required to both do its main business in the TEA and also create jobs in that area.
- To qualify as an EB-5 accredited investor, a person must have either a personal or joint net worth of $1 million. However, this amount cannot reflect the worth of the person’s primary residence and must come from other sources of income.
- An accredited investor must also have an annual income of $200,000 individually, and $300,000 when in combination with their spouse, for the previous two years when applying for the EB-5 visa. It is also expected that the person will make the same amount during the year of the investment.
- This is a general overview of the EB5 processing time for each of the required steps.
- I-526 (2-year average processing time)
- Consular Processing/Adjustment of Status (6 to 8-month average processing time)
- I-829 (2-year average processing time)
- This timeline is for general informational only. The actual time required to complete the EB-5 immigration process will vary based on the investment selected, each individual’s case, USCIS processing times, and other factors. Please contact us for an estimate on your processing time.
- Direct route to a Green Card and permanent residency in the U.S. for the investor and his/her immediate family (spouse & unmarried children under age 21).
- Free education in the United States public school system.
- Admission to U.S. universities at the same cost as U.S. residents
- No requirement for age, business experience, education, or English skills.
- No residency restrictions: participants may live, work, or retire anywhere in the United Sates.