You can submit an I-924 Application for Regional Center Designation based upon an actual project or a hypothetical project. Our law firm recently was able to obtain a Regional Center Approval based upon a hypothetical project in less than 28 days.However we cannot guarantee it will always take only 28 days,as it may be more or less. Once the actual project documentation is EB-5 compliant and the Regional Center is approved then the investors can file their I-526 petitions.