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Gateway 2040: Why Dubai investors are eyeing Orlando’s EB-5 infrastructure opportunity

From Khaleej Times · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

Press release Named sources New plan
  • Gateway 2040 proposes a pedestrian-focused redevelopment at the intersection of Sand Lake Road and International Drive in Orlando.
  • The project will be presented to investors in Dubai, with qualifying EB-5 participation starting at $800,000 and requiring the creation of at least 10 full-time US jobs per investment.
  • The EB-5 structure may offer qualifying investors, spouses and unmarried children under 21 a pathway to US lawful permanent residency, subject to programme requirements and approvals.

Gateway 2040 is being presented in Dubai as more than a redevelopment project at a busy Orlando intersection. Its manager, Joshua T. Wallack, says the plan could create a new arrival point for one of the world’s most visited tourism destinations while giving international investors a way to participate in US infrastructure.

International Drive already has an extraordinary concentration of hotels, attractions, restaurants and entertainment.

· Joshua T. WallackWallack described the existing tourism activity around the proposed Orlando redevelopment.

The project would transform the existing sidewalks at Sand Lake Road and International Drive into the Gateway 2040 Promenade. The proposal includes wider walkways, landscaping, improved accessibility and an integration with Orange County’s planned pedestrian bridge.

Wallack will bring the project to Dubai’s International Property Show 2026 in September. He described the city’s investor community as sophisticated and internationally minded, with experience in major infrastructure and destination development. He also said investors are considering what their investments could create for their families over the long term.

The opportunity is to connect that energy through a more cohesive, pedestrian-focused public realm and create an arrival experience worthy of the destination.

· Joshua T. WallackHe explained the project’s proposed urban design and purpose.

That family dimension is central to the project’s EB-5 structure. Qualifying investors can participate from $800,000, with the capital financing the promenade’s design, permitting and construction. Each investment must also support at least 10 full-time US jobs, with expected employment in engineering, construction, surveying, landscaping and skilled trades.

Dubai has an incredibly sophisticated and internationally minded investor community.

· Joshua T. WallackWallack explained why Gateway 2040 is being presented to investors in Dubai.

Unlike a temporary visa, EB-5 aims to provide qualifying applicants with a pathway to lawful permanent residency. Eligible spouses and unmarried children under 21 may also be included. Gateway 2040 falls within EB-5’s dedicated infrastructure category, which receives a 2 percent annual visa set-aside. Normal processing times, programme requirements and individual immigration approvals still apply.

Unlike a temporary visa, the long-term objective here is permanent residency.

· Joshua T. WallackHe highlighted the potential immigration benefit of the EB-5 investment structure.
About this summary

Originally published by Khaleej Times in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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