USCIS Approved I-956F Petition for The Aletto Project
Federal regulators authorized the petition for the $180 million office and retail complex in Boca Raton.
Updated on Sept. 25, 2026 in Commercial
Live Poll
Do you believe foreign-funded commercial developments provide a net benefit to your local community?
U.S. Citizenship and Immigration Services officially approved the I-956F petition for The Aletto at Boca Raton on September 25, 2026. This milestone allows EB-5 investors to move forward with their individual green card petitions for the development.
Why it matters
The approval is a necessary step in the EB-5 immigrant investor program, enabling the project to secure the capital needed for construction. It marks progress for the $180 million development, which aims to drive local economic growth through job creation.
The Aletto is a 140,500 square foot complex featuring 117,000 square feet of office space and 23,500 square feet for retail. As of August 2026, the building reached a 64 percent occupancy rate.
The players
EB5 Capital
This Washington, D.C.-based firm acts as the project sponsor and manages the capital raised from investors.
U.S. Citizenship and Immigration Services
This federal agency oversees the legal processing of immigration petitions and the EB-5 investor program.
The details
Located at 125 E Palmetto Park Road, the project includes 550 parking spots and is slated to support over 1,700 jobs. EB5 Capital facilitated the investment to meet federal job creation requirements, which mandate at least 700 new jobs for the program.
Timeline
Groundbreaking for The Aletto occurred in Q4 2025.
The building reached a 64 percent occupancy rate in August 2026.
USCIS approved the I-956F petition on September 25, 2026.
Construction is expected to be complete in Q1 2028.
Key Facts
This project fits into the regulatory framework established by the EB-5 immigrant investor program, which allows foreign investors to obtain residency through commercial job-creating developments. The development follows the standard compliance path set by the program to validate job creation.
Residents in the Boca Raton area can expect the completion of this 140,500 square foot facility by early 2028, adding new office and retail options to the Palmetto Park Road corridor. The project is designed to boost the local economy by generating over 1,700 jobs during its development and operation.
The takeaway
This approval validates the financial structure of the development, providing a clear path for the project to meet its 2028 completion target. Stakeholders and local businesses should watch for the expansion of the office and retail market as this large-scale complex reaches full occupancy.
Further reading
For more information on regional real estate development, visit the Boca Raton Commercial section.
More information
For more information, view the EB5 Capital company information.
Live Poll
Do you believe foreign-funded commercial developments provide a net benefit to your local community?
