Projects

COLORADO AT LAKE PHASE I, PASADENA (FULLY SUBSCRIBED)

Colorado at Lake is a mixed-use commercial center which is located at the corner of E. Colorado Blvd. and Lake Avenue in Pasadena, California. This development will consist of an upscale boutique hotel, restaurants, retail space, and parking garage. The Project will be undertaken in two phases. Phase I will include the renovation and conversion of a 136-room hotel, over 20,000 square feet of historic retail and rooftop restaurant/bar space, and a parking garage with 125 spaces.


PROJECT OVERVIEW


COLORADO AT LAKE PHASE I, PASADENA

The project is partially opened now. The hotel part was completed by July 2014 and had soft opening on September 2014. The retail space and parking garage are still under construction and will be completed by mid-2016.


All 50 EB-5 investment units have been fully subscribed and all the investors have already received their I-526 approval. Many of these approvals were received within 3 months after submission. The fastest I-526 approval was granted in 28 days. On August 27, 2014, we have received the first I-829 approval.


PROJECT UPDATES


DESIGN AND PICTURES


About Pasadena

  • Rose Parade:
  • Approximately 40 million Americans watch the Rose Parade on TV, as well as millions of international viewers in 150 territories around the world. The combined total HH ratings for the live and the various rebroadcasts of the 2006 Rose Parade was 15 or approximately 16.5 million households.

    The Pasadena Police Department annually estimates that approximately one million people attend the Rose Parade each year.


  • Old Town Pasadena:
  • Old Pasadena today is mostly a business district with some mixed use. It now boasts a shopping mall, upscale restaurants, a movie theater, night clubs, shops, posh outdoor cafes, pubs, and comedy clubs. Hence, the nightlife is very active in the area and it remains a popular tourist attraction for locals and out of toweners alike. Old Town Pasadena is connected to Down Town Los Angeles via the Metro Gold Line.


  • Paseo Colorado:
  • It is a popular tourist attraction. With over 70 nationally known brand name retail stores and restaurants, people travel from all over the Los Angeles basis to shop at Paseo Colorado.


  • Pasadena Convention Center:
  • Recently completed a $150 Million expansion, which includes 55,000 square feet of new exhibit space and a 25,000 square foot ballroom, and opened on March 1, 2009.


  • South Lake Avenue Shopping District:
  • South Lake Avenue is known for its upscale shops, boutiques, national retailers and restaurants.


  • Cal Tech/JPL:
  • The California Institute of Technology (commonly referred to as Caltech) is a private research university located in Pasadena, California, United States. The Institute maintains strong emphasis on the natural sciences and engineering, and operates and manages NASA's neighboring Jet Propulsion Laboratory. Caltech is ranked number 2 in the world according to Global University Ranking and in the top ten universities worldwide by metrics such as Science Watch, Nobel Prizes, and general university rankings.

ABOUT


COLORADO AT LAKE PHASE I, PASADENA

Address : 928 E Colorado Blvd, Pasadena, CA 91106


Phone : (626) 898-7900

VISIT PROJECT SITE