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Controversial Chinese College Project Being Built Upstate NY Faces Obstacles
by EB5Projects.com
A rendering from 2013 of the China City of America Thompson Education Center, a proposed college in the upstate New York town of Thompson.
In an upstate New York town of roughly 15,000, a Long Island developer is facing pushback for plans to build a Chinese education center using the controversial EB-5 investor program that trades foreign investment for United States citizenship.
The Thompson Education Center (TEC), which is predominantly in the Town of Thompson with a portion in the Town of Fallsburg, was first proposed in 2013 as China City of America, a “Chinese Disneyland” with an amusement park, an education center, a hotel, housing, and a mall.
Over time, the project was whittled down to just the education center with some on-campus housing, a hotel, a museum, a library, and other education-related buildings.
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EB5Projects.com
EB5Projects.com is the source for news, projects and information about EB-5 Regional Centers and their investment projects. We are financial analysts, economists, accountants, statis... read more »
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