300 Ashland

BAM South, now known as 300 Ashland, is a completed mixed-use EB-5 development located in Downtown Brooklyn, New York. The project delivered a 32-story residential and retail tower in one of Brooklyn’s strongest cultural and transit-connected districts, near the Brooklyn Academy of Music, Fort Greene, and Barclays Center.

The development includes 379 luxury residential units and a fully leased retail component anchored by major national tenants, including Apple and Whole Foods Market. Its location within the Brooklyn Cultural District helped position the asset as a high-demand urban property with strong long-term market fundamentals.

From an EB-5 perspective, BAM South represents a completed project with a strong execution record. The project raised $20 million in EB-5 capital from 40 investors, exceeded the required job creation threshold, and achieved 100% I-526 and 100% I-829 approval rates. Public project information also states that investor capital was repaid on schedule.

The project’s mix of residential demand, high-quality retail tenancy, cultural-district location, and documented EB-5 milestones makes BAM South a strong example of a completed EB-5 real estate development with successful immigration and repayment outcomes.

Key Project Elements

Project Type: Mixed-use residential and retail development

Location: Brooklyn, New York

Building Height: 32 stories

Residential Component: 379 luxury residences

Retail Component: Fully leased ground-floor retail

Major Retail Tenants: Apple and Whole Foods Market

Total Project Cost: $303 million

EB-5 Investors: 40 investors

Project Status: Completed