Encore Texas Regional Center, LLC (“ETRC”)
Encore Texas Regional Center specifies investment within thirty-one (31) Texas counties sharing a common regional economy, interstate system, and connection to Dallas, Austin, San Antonio and Houston Area. These thirty-one counties are listed as below:
|Atascosa County||Ellis County||McLennan County|
|Bee County||Fort Bend County||Milam County|
|Bell County||Galveston County||Montgomery County|
|Bend County||Grimes County||Navarro County|
|Brazos County||Guadalupe County||Nueces County|
|Bexar County||Harris County||Robertson County|
|Collin County||Hays County||Rockwall County|
|Comal County||Hill County||San Patricio County|
|Dallas County||Johnson County||Tarrant County|
|Denton County||Live Oak County||Travis County|
Encore Texas Regional Center projects are intended to create positive economic change throughout the above areas, particularly through investment in the designated Targeted Employment Areas (TEAs), defined by USCIS as areas with either unemployment rate of at least 150% of the national average, or the rural area (defined as population of 20,000 or less).
As specified by the requirements of the EB-5 program section 203 b, investments made within TEAs will be $500,000 per investor, while those made outside TEAs will be $1 million per investor. With emphasis on TEAs, Encore Texas Regional Center will empower investors with the lower threshold of investment and will enrich those areas with a greater positive impact.
The Encore Texas Regional Center is uniquely positioned to offer a wide array of commercial real estate investments to EB-5 Immigrant Investors. As commercial real estate professionals with successful track records in the State of Texas, the principals of the Encore Texas Regional Center are ideally suited to identify, underwrite, and market well-positioned commercial real estate projects.
Our team, which includes a professional network of governmental agencies, developers, real estate brokers, and attorneys, is committed to linking foreign investors with reputable project stakeholders and facilitating immigration to the United States through the EB-5 Immigrant Investor Program.
Geography and Climate
Dallas is located in north-central Texas, 70 miles south of the Oklahoma border, 174 miles west of Louisiana, and approximately 250 miles north of the Gulf of Mexico. Its climate is humid and subtropical, characterized by hot summers and mild winters, with snowfall rare. Within a 100-mile radius of the city, there are more than 60 lakes and over 50,000 acres of public parkland. According to the United States Census Bureau, in 2000 the city had a total area of 342.54 square miles.The altitude of Dallas is 500-800 feet above sea level. The city average temperature is about 66.42° F with January average at 45.44° F and August average at 85.72° F.
As per the 2010 Census, over 1.2 million people resided in Dallas. Dallas is the third-largest city in the state of Texas and the ninth-largest city in the entire country of the United States of America. Based on the total land area and the total population of the city, the population density of Dallas is about 3,518 people per square mile.
Dallas boasts a broadly diverse business climate, with technological industries in the lead. Major industries include defense, financial services, information technology and data, life sciences, semiconductors, telecommunications, transportation, and processing. According to the Greater Dallas Chamber of Commerce, the Dallas-Fort Worth Metroplex holds about 43 percent of the state’s high-tech workers. Further, 13 privately-held companies with at least $1 billion in annual revenues are headquartered in the area. Among the 19 Fortune 500 companies headquartered in the area are Advance PCS, Dean Foods, ExxonMobil, Kimberly-Clark, Neiman Marcus, Southwest Airlines, and Texas Instruments.
Dallas is a major center of education for much of the South Central United States. The city itself contains several universities, colleges, trade schools, and educational institutes. Several major public including the University of Texas at Dallas in Richardson, the University of Dallas in Irving, Dallas Christian College in Farmers Branch, Devry University Dallas in Irving, the University of North Texas in Denton, the University of Texas at Arlington in Arlington and the Southwestern Assemblies of God University in Waxahachie. Also, some famous private universities include Southern Methodist University, Dallas Baptist University (DBU),
Geography and Climate
San Antonio, Texas is commonly referred to as “the place where the sunshine spends the winter,” thanks to temperate winters from its location between the Edwards Plateau to the north and the Gulf Coastal Plains to the south. It is about 75 miles to the southwest of its neighboring city, Austin, the state capital. The city is also about 190 miles west of Houston and about 250 miles south of the Dallas/Fort Worth area. According to the United States Census Bureau, in 2000 the city had a total area of 412.07 square miles. The altitude of San Antonio is 772 feet above sea level. The city average temperature is about 68.6° F with January average at 49.3° F and August average at 84.9° F.
As per the 2010 Census, over 1.3 million people resided in San Antonio, a rise of 16.0% since 2000. San Antonio is the seventh most populous city in the United States and is the second most populous city in the state of Texas. From 2000-2010, San Antonio was considered one of the top 10 fastest growing cities in America.
In a study examining the 102 largest markets, the San Antonio-New Braunfels region ranked as the 19th highest rated metropolitan area due to its flourishing economy. San Antonio’s economy is focused on four primary sectors which include health care, government, financial services and tourism. The South Texas Medical Center, located approximately 10 miles north of Downtown San Antonio is one of the most profitable medical hubs in the nation, containing various clinics, hospitals, research institutions, and education centers. San Antonio is also home to one of the biggest military concentrations in the U.S, employing over 89,000 individuals and providing a $5.25 billion economic impact to the city. From The Alamo to SeaWorld San Antonio, the city is a thriving tourist area, employing almost 100,000 citizens and generating $10.7 billion in annual revenue.
San Antonio contains 31 higher-education institutions, including the University of Texas Health Science Center, the University of Texas at San Antonio, and Texas A&M University- San Antonio totaling over 100,000 students. Along with the many top tier public institutions, San Antonio is also home to private universities including St. Mary’s University, Trinity University, Our Lady of the Lake University, Wayland Baptist University – San Antonio, and the University of the Incarnate Word. There are also over 30 private primary and secondary educational facilities and over 19 independent school districts.
Geography and Climate
Austin is located in south central Texas, along the Balcones Escarpment and Interstate 35, northwest of Houston. It is also 160 miles south of Dallas and 75 miles north of San Antonio. The Colorado River crosses the Balcones Escarpment, separating the Texas Hill Country from the black-land prairies to the east. According to the United States Census Bureau, in 2000 the city had a total area of 271.8 square miles. The altitude of Austin is 425 feet above sea level. The city average temperatures is about 68.6° F with January average at 50.1° F and August average at 84.3° F.
Demographics: Per the 2014 Census, about 865,504 people resided in Austin, a rise of 31.0% since 200. The city of Austin is the fourth-largest city in the entire state of Texas and the eleventh-largest city in the United State of America. It is also the second-largest state capital in the country.
As of March, 2014. The Austin metropolitan area added 32,900 jobs, or 3.9%, in the 12 months ending in March, according to Texas Workforce Commission and the U.S. Bureau of Labor Statistics. Austin’s growth of 3.9% makes it the second best performing among the 50 largest U.S. metros behind only San Jose which grew by 4.3%. Austin is considered to be a major center for high tech, and hotbed for several sectors such as real estate, medical, technology, federal and local government. Austin’s largest employers include the Austin Independent School District, the City of Austin, Dell, the U.S. Federal Government, IBM, St. David’s Healthcare Partnership, Seton Family of Hospitals, the State of Texas, the Texas State University, and the University of Texas at Austin.
Austin is home to the University of Texas at Austin, the flagship institution of the University of Texas System with over 38,000 undergraduate students and 12,000 graduate students. The Austin Independent School District (AISD), the largest public school system in the metro Austin area, was ranked one of the nation’s top eight public education systems by Forbes magazine in March 2004. Austin has 13 higher education institutions, 29 public school districts, 17 charter schools, and 69 private schools.
Geography and Climate
Houston lies near the Gulf of Mexico and sprawls westward from the shores of Galveston Bay on the coastal prairie of eastern Texas. Major waterways include the San Jacinto River, part of which is encompassed by the man-made Houston Ship Channel, and an intricate network of meandering creeks and bayous. According to the United States Census Bureau, the city has a total area of 656.3 square miles. The altitude of Houston is 50 feet above sea level. The city average temperature is about 68.8° F with January average at 51.8° F and August average at 83.6° F.
According to 2010 census data, Houston total population is 2,099,451, a 6% increase from 2000. The Houston metro area1 added 137,692 residents in 2013, the largest population increase of any U.S. metro area. The city of Houston is the most populous city in the entire state of Texas and also the fourth-largest city in the entire country of the United States of America.
Houston is an undisputed leader in domestic and international business, with economic and cultural ties reaching across the globe. Houston’s economy has a broad industrial base in several sectors as well as health care. Only New York City is home to more big public companies than Houston. The city is also home of the Texas Medical Center, the world’s largest concentration of health care and research institutions, and NASA’s Johnson Space Center, where the Mission Control Center is located. The energy sector is driving Houston’s economy, which in turn is driving job and population growth; and home, auto and retail sales. The U.S. Bureau of Economic Analysis (BEA) re-ported that Houston’s real gross domestic product (GDP) grew 4.2 percent in ’11, the nation’s fastest growth that year, and 5.3 percent in ’12, the second fastest rate that year.
There are four separate and distinct state universities are located in Houston. Rice University is one of the leading teaching and research universities of the United States and ranked the nation’s 17th best overall university by U.S. News & World Report. The University of Houston is a nationally recognized Tier One research university, and is the flagship institution of the University of Houston System, and the third-largest university in Texas. Others include The University of Houston–Clear Lake and the University of Houston–Downtown, and Texas Southern University.
Travel and Tourism
As the second largest state in America, Texas is home to a large variety of climates and an even larger variety of attractions. In San Antonio, tourists can visit the famed Alamo, the San Antonio River Walk, and the Natural Bridge Caverns. Dallas, the second largest city in the state offers various attractions including the Sixth Floor Museum, Six Flags over Texas, Klyde Warren Park, and AT&T Stadium. In Houston, visitors can experience NASA by visiting Space Center Houston, travel to The Moody Gardens and Aquarium, or shop at the Houston Galleria which draws 26 million visitors each year.