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Golden Gate Global launches EB-5 offering tied to Westcourt mixed-use district planned near Orlando’s Kia Center

AuthorEditorial Team
Published
February 4, 2026/12:13 PM
Section
Business
Golden Gate Global launches EB-5 offering tied to Westcourt mixed-use district planned near Orlando’s Kia Center
Source: Wikimedia Commons / Author: Michael Rivera

New EB-5 capital vehicle is tied to a major downtown Orlando redevelopment site

Golden Gate Global has announced a new EB-5 investment offering connected to Westcourt, a planned mixed-use district in downtown Orlando immediately north of the Kia Center and bounded by West Church Street, Division Avenue, West Central Boulevard and South Hughey Avenue. The development site spans roughly 8.4–8.5 acres and has been presented publicly as a large-scale, sports- and entertainment-adjacent project intended to add housing, hospitality, offices, retail and event space to the city’s urban core.

The Westcourt concept has been described as a roughly 900,000-square-foot district with a full-service hotel, high-rise residences, office space, a live events venue, and structured parking. Public project snapshots and developer materials outline a hotel of about 260 rooms, approximately 270 residential units, up to 300,000 square feet of Class A office space, about 125,000 square feet of retail, and a live events venue with capacity around 3,500, alongside an on-site parking component of about 1,140 spaces. City-focused planning materials have also referenced a festival plaza/open-space element as part of the site plan.

How the EB-5 structure fits into the financing picture

EB-5 is a federal immigrant investor program that grants a path to permanent residency for eligible foreign nationals who invest in a U.S. new commercial enterprise that creates jobs. Under current federal thresholds for petitions filed on or after March 15, 2022, the minimum investment is $1,050,000 for standard projects or $800,000 for projects in qualifying targeted employment areas (TEAs) or for certain infrastructure projects. The program is job-creation based, requiring the creation or preservation of at least 10 full-time U.S. jobs per investor.

Golden Gate Global’s announcement frames the Westcourt EB-5 opportunity as a senior secured loan offering with a three-year term and two optional one-year extensions (often described as 3+1+1). The company also described a construction timeline with an expected start in the first quarter of 2026 and anticipated completion in the fourth quarter of 2028. Timelines for large developments can shift as permitting, financing, and construction sequencing evolve.

Project team and planned uses

Westcourt has been presented as a joint development effort involving JMA Ventures and Mohari Hospitality, alongside Machete Group and SED Development, an entity wholly owned by the DeVos family. Separate project announcements tied to the hospitality component have identified Kimpton Hotels & Restaurants as the hotel brand planned for the site, with openings discussed in the 2027 timeframe in earlier materials.

  • Hotel and meeting space: about 260 keys and roughly 16,000 square feet of meeting and conference space.
  • Residential: a high-rise apartment component of roughly 270 units.
  • Commercial: up to 300,000 square feet of Class A office space and about 125,000 square feet of retail.
  • Entertainment and public realm: a live events venue planned at about 3,500 capacity and an outdoor common-space/festival plaza concept.

With EB-5 financing, the key policy metrics are job creation and capital deployed into a qualifying enterprise structure; for investors, timelines depend on both project execution and the immigration process.

For downtown Orlando, the announcement is notable because it ties an immigration-investor capital channel to a high-profile redevelopment next to the city’s primary sports and arena venue, a location that has been central to broader discussions about increasing downtown activity beyond event nights.