MIAMI—How vital is EB-5 funding to development in Miami? China City Construction Holding Group and American Da Tang Group are leveraging the strategy to help fund construction of a $1 billion mixed-use project in the Brickell area.

The companies are turning to the financial model to back the construction of CCCC Miami Towers. A Miami-based regional center, called American Life Investments, will promote the project among EB-5 investors in China and Latin America.

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