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FirstPathway Weblog

Archive for April, 2009

Pabst (EB5 Investment Opportunity) in the News

Tuesday, April 14th, 2009

In 1996 Pabst a  world famous Milwaukee Brewery, closed its doors after over 150 years of operation to begin a new chapter: redevelopment.  “With strong support from the City of Milwaukee, the availability of state and federal historic tax credits and other available credits, this site is a unique opportunity for investors,” the brewery’s website boasts.

Despite slow global economic conditions, the first redeveloped commercial building in the Pabst project is welcoming its largest tenant while approaching capacity. The renovation of two other buildings is nearing completion. Uses are to include education, commercial and housing.

The development is slated to complete street work, landscaping and a main parking structure by fall. In the mean time negotiations continue on remaining properties. Proposed projects include the University of Wisconsin-Milwaukee’s School of Public Health and Hofbrauhaus brew pub & restaurant.

Read more at Journal Sentinel Online

Visit the Brewery Site

Wisconsin China Investment Promotion: Success

Friday, April 10th, 2009

On Wednesday April, 1st 2009 Zhang Yingxin, Deputy Director General, of the Investment Promotion Agency of the Ministry of Commerce for the Peoples Republic of China (CIPA), was proud to announce the successful results yielded by its 2007 memorandum of understanding with Wisconsin. The CIPA’s charge is to engage the Chinese investment promotion process through foreign direct investment both in and from China.

In her recent letter to Wisconsin Department of Commerce Secretary Leinenkugel, Yingxin commented on the importance of “coordinating international efforts and enhancing cooperation” especially in times of economic turmoil. Yingxin also cited ties between allies, like Wisconsin and China, as vital in such times. China is Wisconsin’s third largest trading partner.

Later this month Governor Doyle, Secretary Leinenkugel, and our own Bob Kraft will meet with the CIPA delegation to discuss investment synergies and perform local field visits. The state of Wisconsin is honored to host such an influential and cooperative economic partner.

FirstPathway CEO, Bob Kraft Hosts Investor Conference in China

Wednesday, April 8th, 2009

Over forty high-profile investors attended a conference on EB-5 investments hosted by Bob Kraft and agents, Andy Liu, Jane & Felix Wang of Donghu on Thursday, March 26th through the 29th.  Seminar topics included: the joys of immigrating to the U.S., a global survey of citizenship investment programs and the benefits of taking advantage of FirstPathway Partners’ Citizenship Fund.  This fruitful trip did not only yield several applicants but also served to solidify partnerships with our world-class agent network.

While in China, Mr. Kraft also enjoyed a trip to The Tianjin Economic-Technological Development Area (TEDA) on the Beijing–Tianjin Intercity Rail where he visited the expansion sites and learned about the ongoing city developments.

Bob would furthermore like to commend all of the staff at First Pathway Partners Shanghai for their impeccable service standards and hospitality.