Located at 330 S. Grand Central Parkway in Las Vegas, Nevada, the project will be a 441-room dual-branded development combining the AC by Marriott (322 rooms) and Element by Westin (119 rooms) brands.
The AC by Marriott will feature a ground-floor restaurant and bar, offering European-inspired cuisine with 116 indoor seats and 46 outdoor seats, usable for most of the year. The Element by Westin will also include a hotel-operated restaurant serving breakfast and dinner daily, with 85 indoor seats and 60 outdoor seats. The two hotels will share amenities such as an outdoor pool and bar, a business center, a fitness center, a self-service laundry facility, and a sundry shop.
Exceptional Market
Las Vegas stands out as a premier destination with exceptional market dynamics, boasting some of the highest hotel occupancy rates in the United States—with strong post-pandemic recovery, reaching 83% of pre-pandemic occupancy rates in 2023. As the sixth- most-visited city in the United States, with over 40.8 million visitors in 2023, the city’s appeal extends beyond entertainment; Las Vegas is also a gateway to Nevada’s breathtaking natural landscapes. The city is a cultural hotspot and hub for major sporting events, including NASCAR and Formula 1, professional ice hockey, football, and women’s basketball teams, and world-class boxing, making it a vibrant and diverse market for investors and travelers.
Two Established International Brands
The hotel will benefit from offering two distinct brands—AC by Marriott and Element by Westin—within the same structure, both under the Marriott International umbrella, the world’s largest hotel company with over 5,700 properties in 110 countries. This dual- brand approach will leverage Marriott’s extensive reservation system and its loyalty program, Marriott Bonvoy, with over 160 million members, providing a broad market reach and catering to diverse guest preferences.
USCIS Permissible EB-5 Guaranties
The project is supported by guaranties from HALL Structured Finance II, LLC, a private commercial real estate lender with a stellar track record established over 25 years and covering a period that spans multiple real estate cycles and various market conditions. These guaranties include a loan repayment guaranty to the EB-5 Fund, a project completion guaranty and an investor denial guaranty.
.The project is being developed by JacksonShaw, a private development company with over 50 years of extensive real estate and development experience based in Dallas, Texas. Over its history, JacksonShaw has completed 63 million square feet of development, acquisitions, and dispositions, totaling over $3.6 billion in real estate transactions.
The project has guaranties from HALL Structured Finance II, LLC, an affiliate of the HALL Group. This will be the fourth EB-5 project that LCR has worked on with the HALL Group, a company with over 50 years of core expertise in real estate development, management, and leasing, having owned, managed, and/or developed over 100,000 apartments, 5 million square feet of commercial office space, numerous hotels, retail centers, and residential developments.
Apply for your Green Card by working with companies with a proven track record. Invest in a well-structured EB-5 project that has the necessary immigration requirements for EB-5 already met.
This document is not intended to and shall not constitute an offer to sell or the solicitation of an offer to buy any securities of the company. Any representation to the contrary is void. If the company should decide to offer to sell or to solicit offers to buy any of the company’s securities, such offering will be made by a separate offering memorandum pursuant to the private placement exemption contained in section 4(2) of the securities act of 1933, as amended, and comparable issuer private placement exemptions under applicable state law.