【ARCFE News】 GROUP 13 38TH AVE GROUNDBREAKING CEREMONY

06/15/2022 by ARCFE U.S.

ARCFE Group 13 38th Ave project had its groundbreaking ceremony this past Tuesday, June 14th. ARCFE is honored to be invited to participate in the ceremony hosted by our trusted partner and project developer iX Development. We are very excited to see the project getting a head start in construction.

The 38th Ave project is a 7 stories mixed-use building consisting of 7,705 sqft of commercial space on the first and second floor, along with 50 condominiums and 27 parking spaces. The project is raising $15M in EB-5 funds. iX Development is an experienced developer with many successful projects in the Long Island City area.

PICTURES FROM THE EVENT

The event was joined by the Project Development Team of iX Development, ARCFE’s Management Team (President Lily Guo, Vice President John McInerney, and Indian Office Chief Representative Officer Akash), along with valued investors and media representatives.

ARCFE’s Management Team (Blue hats – left to right): Vice President McInerney, President Guo, Indian Office CRO Akash.

Mr. Ted Nikolov, iX Development’s Head of Construction, represented the company to give a quick speech highlighting the growth potential of the project area, along with the development and construction plan for the 38th Ave project. “The potential of this area is huge. It is one of the very few yet-to-be explored areas of Long Island City and we truly believe that it will boom with businesses in the next 2-3 years, just in time for our 38th Ave to be finished with construction. iX Development is a future-facing company and we couldn’t be more excited to be part of this amazing, innovative opportunity.” He also thanked ARCFE for joining iX Development in this exciting groundbreaking ceremony and look forward to another successful cooperation.

ARCFE Founder and President Lily Guo also gave a quick speech on behalf of our team:

“Good afternoon everyone, my name is Lily Guo. I am the Founder and President of ARCFE, American Regional Center For Entrepreneurs. I would like to thank iX Development for inviting us to be part of this phenomenal groundbreaking ceremony. iX Development has long been a trusted partner and we have had many successes working with them in our past EB-5 projects. We are thrilled to have this opportunity to work with them for our Group 13, and we are confident that through this cooperation, we will be able to create many jobs for the American people and assist our EB-5 investors to achieve their American Dreams.”

ARCFE Founder and President Lily Guo giving a speech

After the ceremony, President Guo and Vice President McInerney also had a discussion with Mr. Nikolov about the progress of the 38th Ave project and how ARCFE is working with our overseas immigration partners to bring the project to our EB-5 investors.

We look forward to a successful partnership with iX Development for the 38th Ave project!

GROUP 13 IS RECRUITING 25 EB-5 INVESTORS

HEADQUARTERS

28-07 JACKSON AVE, 8TH FLOOR, LIC, NY 11101

212-889-5000 (ENGLISH & VIETNAMESE) | 212-889-5333 (CHINESE)

INFO@ARCFE.COM