ARCFE Group 18

In Progress

Paragon

Long Island City, Queens, New York

I-956F

Approved

The Project

About Paragon.

Building A: luxury mixed-use condominiums. Construction started; expected completion in Quarter 1/2027. EB-5 structure: senior mortgage loan with first repayment priority.

Building B: luxury mixed-use apartment rentals. Building topped out; expected completion in Quarter 3/2025. EB-5 structure: senior mortgage loan with first repayment priority.

EB-5 capital will be repaid through selling condos, represented by the elite brokerage team SERHANT. Short capital lock-in period of just 4 years (2.5+1.5). No redeployment needed as long as investors met USCIS’ requirements.

Key Facts

Location: Long Island City, Queens, New York
Targeted Employment Area: Qualified for TEA
EB-5 Investors: 42
Jobs to Be Created: 1,272.5
EB-5 Structure: Senior mortgage loan with first lien
Developer: ZD Jasper (Building 1)
Era: RIA

In Depth

The full Group 18 story.

HUA EB-5 PROJECT IN NYC

Building A:

Type：Luxury mixed-used/condominiums

Progress: Construction started; expected completion in Quarter 1/2027

EB-5 structure：Senior mortgage loan with first repayment priority

Building B:

Type：Luxury mixed-use/apartment rentals

Progress: Building topped out; expected completion in Quarter 3/2025

EB-5 structure：Senior mortgage loan with first repayment priority

Qualified for TEA · Flexible investment plan · Senior loan secured with mortgage

HIGHLIGHTS

Low Investment Risk, 1st Repayment Priority

EB-5 capital will be deployed into the project as mortgage loan with first lien (last in, first out basis).

Short Investment Terms, Clear Exit Strategies

Experienced Developers, Job Creation Started

ZD Jasper (Building 1) is a distinguished NYC real estate developer with a rich portfolio of successful projects; Construction has started. Building 2 has topped out, with expected completion date in 2025. EB-5 job creation has started.

CHOOSE THE PLAN THAT'S RIGHT FOR YOU

FLEXIBLE INVESTMENT PLAN

TRADITIONAL

For investors who seek maximum returns the project can offer.

PARTIAL

For investors who want more time to prepare their funds and be fully funded in 1 year.

Investors

1,272.5

Jobs to be created

PRIME LOCATION WITH HIGH GROWTH POTENTIALS

LONG ISLAND CITY

A vibrant neighborhood in the borough of Queens (NY), is renowned for its dynamic cultural scene and scenic waterfront views. With an abundance of entertainment options, including art galleries, theaters, and parks, it offers something for everyone. The area also boasts a diverse array of dining establishments, from trendy cafes and fine dining restaurants to cozy eateries, making it a culinary hotspot.

Long Island City serves as a major transportation hub, providing unparalleled convenience with 8 subway lines connecting it to various parts of New York City. Additionally, the neighborhood offers easy access to numerous bus routes and major highways, making it an ideal location for commuters and travelers alike.

PRIME LOCATION WITH HIGH GROWTH POTENTIALS

PROJECT LOCATION

Developers · SOME COMPLETED PROJECTS · WITH OVER 20 YEARS OF EXPERIENCE

ZD JASPER REALTY

ZD Jasper is a MBWE-certified, distinguished real estate developer in the New York Metropolitan area with a rich portfolio of successful projects, including mixed-use, residential and commercial projects. With over 20 years of experience, the ZD Jasper team built over 1M gross sqft with 1000 residential units across 12 buildings in NYC. www.zdjasper.com/

Previous successful collaboration between ARCFE & ZD Jasper:

ARCFE Group 10:Prime LIC

ARCFE Group 13:Thomson

ARCFE Group 14:Davis

THE TEAM BEHIND THE LEGAL PACKAGE

LEADING TEAM OF PROFESSIONALS

Economist

(TEA letters & Economic Report)

Baker Tilly US, LLP is an advisory CPA firm, currently ranks among top 10 largest CPA firms in the U.S. The firm has over 6,500 team members across 61 local and 13 overseas offices. Baker Tilly US, LLP is the largest member firm of Baker Tilly International, the world's 10th largest network of accounting & business services firms.

Immigration Attorney

Mr. Han Jun Li, Esq. is an immigration attorney with over 10 years of experience in the EB-5 industry. Mr. Li has successfully assist both Regional Centers in their designation and project filings, as well as EB-5 investors from China, Hong Kong, Taiwan, Vietnam and India to file their EB-5 petitions. Up to date, Mr. Li has 100% approval rate on the EB-5 project package he has filed.

Project Progress

Latest updates from the site.

July 2026

The project is 87% complete overall. The main structure has been topped out. Exterior facades and MEP rough-in are substantially complete, and interior finishing is advancing on a large scale.

Structure & Exterior: curtain wall and window installation on all 22 levels is complete. Exterior insulation, roof waterproofing, and balcony component installation are proceeding concurrently.

MEP & Finishing: rough-in for HVAC, plumbing, sprinkler, and electrical systems is fully covered. Elevators have passed inspection and are available for use. Tile, cabinetry, and model unit work in kitchens and bathrooms are steadily being completed.

Site Report Archive — LIC Luxury Condominium

May 2026

The project is 77% complete overall and has entered the final MEP and finishing stage:

Structure & Exterior: The structure has been topped out and concrete work is complete.Window and door installation is substantially finished on Levels 2-22. Exterior insulationis advancing. Roof waterproofing is complete.

MEP & Finishing: Elevator installation is complete, pending inspection. Sprinkler systems2.are installed up to Level 20, and MEP rough-in is complete up to Level 19. Gypsum boardis finished on Levels 2-16. Finishing work including tile, cabinetry, and bathtubs is fullyunderway.

Safety & Management: The site operates under fully enclosed, standardizedmanagement. The construction hoist is pending removal. On-site material reserves aresufficient, ensuring smooth progress.

Apr 2026

Overall Progress: The project is currently 66% complete, with multiple trades progressing in parallel.

Structure & Framing: Interior framing is complete on Floors 2–6, with work on Floors 7–22 advancing in an orderly sequence. Gypsum board installation is substantially complete on Floors 2–9, and taping/joint finishing is currently underway on Floors 2–5.

Specialty Trades: Window installation is in progress on Floors 2–17, and curtain wall glazing has commenced at Floor 12. HVAC vertical risers have been installed up to Floor 22, domestic water and sanitary piping has been installed up to Floor 18, and the fire sprinkler system rough-in has been installed up to Floor 17. Elevator equipment installation is complete and pending testing/inspection.

Safety & Site Management: The site remains fully enclosed with controlled access and standardized on-site management. The construction hoist is operational and provides access up to the roof level, supporting ongoing vertical logistics and trade coordination.

Feb 2026

The project is 61% complete overall, with construction advancing in an orderly manner:

Structure & Framing: The superstructure has been topped out. Interior framing iscomplete on Levels 2-6 and is progressing on Levels 7-22. Exterior wall framing andgypsum board installation are finished on Levels 2-5, with gypsum board workcommencing on Levels 6-7.

Specialty Construction: Window installation is advancing on Levels 2-12, with curtainwall glass work underway on Level 9. MEP risers on Level 22 and the main sprinkler lineon Level 17 are installed. Core elevator equipment is in place. Rough-in for HVAC andplumbing systems is nearly complete on Level 10 and below.

Safety & Management: The site operates under fully enclosed, standardizedmanagement. The construction hoist services all levels up to the roof. All constructionactivities are compliant and controlled.

Jan 2026

Overall Progress: The project is currently 55% complete, and the superstructure has reached topping-out.

Superstructure & Framing: Interior framing is largely complete on Floors 2-11 and is in progress on Floors 12-22. Exterior framing and gypsum board installation are complete on Floors 2-4, and the roof waterproofing membrane has been installed.

Specialty Trades: Window installation is in progress on Floors 2-8, and curtain wall glazing has commenced at Floor 5. MEP risers are installed up to Floor 22, sprinkler mains are complete up to Floor 16, and core elevator equipment is staged and ready.

Safety & Site Management: The site remains fully enclosed with a hoist serving the roof. Materials are adequately stocked and progress remains safe and controlled.

Dec 2025

Overall project completion has reached 51%. The building’s primary structural frame has topped out, and construction continues to progress steadily:

Main Structure & Framing: The main structural frame is complete. Interior wall framing for Floors 2–6 has been finished, with work on Floors 7–22 advancing floor by floor. Exterior wall framing and protective panels have been installed for Floors 2–4.

MEP & Specialty Trades: Window installation is underway on Floors 2–5. Fire protection, plumbing, electrical, and HVAC systems are being rough-in installed and routed in place progressively by floor.

Safety & Management: The site is under strict, fully enclosed management. The construction hoist provides access up to the roof. Materials on site remain sufficient.

Nov 2025

Overall Progress: The project is currently 36% complete. Work is proceeding in an organized manner with no critical path delays, maintaining alignment with the scheduled timeline.

Structural & Supporting Work: Structural concrete has been poured up to the 18th floor, and the construction elevator has been installed to the 15th floor. Sidewalk sheds and site fencing are fully in place, with all necessary safety measures operational.

Interior & Exterior Advancement: Interior framing has reached the 10th floor, while exterior framing and sheathing are complete up to the 4th floor. Window installation has commenced. Main and branch lines for the fire sprinkler system have been installed up to the 6th floor.

MEP Systems Implementation: HVAC and plumbing systems are being installed concurrently. Electrical work includes temporary lighting up to the 9th floor and power distribution installation up to the 7th floor, steadily establishing the core system framework.

Aug 2024

Project A is expected to commence excavation in September 2024.

Expected completion in December 2026, with TCO obtain in January 2027.

Site Report Archive — LIC Luxury Rental Apartments

Nov 2025

The project is progressing smoothly overall and is currently in the stage of awaiting the issuance of the Temporary Certificate of Occupancy (TCO).

Aug 2024

Project B is currently in their final stages of superstructure, and expected to top out in the next few months.

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