Dear American NW Regional Center Investors,
We would like to take this opportunity to update you on the latest development of our Seattle Residence Inn by Marriot University District construction projects.
Regarding our two EB-5 related projects; Seattle Residence Inn by Marriot University District and Seattle Business apartment project, both continue to be on track.
With the Seattle Residence Inn by Marriot University District, we have completed the installation of most the cabinets and have started installing quartz countertops. Kitchen countertops are continuing to arrive and are being installed in the units. Unit door installations was completed as well as all of the interior painting. The interior finishes is on-going. We have completed the insulation in residential units. Residential and corridor floor cover installing is in progress, and the installation of cabinetry and bathroom fixtures are underway. Brick installation on exterior wall is near completion. The weather since this spring has been very cooperative and allowed us to proceed without challenges managing excess rain and surface water. Gas services for the project was installed. Water service work is being scheduled for installation in the mid-summer. The installation of the electrical service in the alley will begin soon.
We are enhancing the interior of our retail so it will be more suitable to integrate with our hotel. We are finalizing the design plans for the retail component of the project and working on leasing with two restaurants. The Seattle Residence Inn by Marriot University District are scheduled to soft open for business this September.
Thank you for choosing American NW Regional Center. We will keep you updated of any new developments in this matter.