Construction & Campaign Update
Construction progress has been extremely challenging during the pandemic due to shortage in building material, increased cost of materials (i.e. steel, lumber, and steel) as well as shortage of contractors and their availability due to everyone resuming construction all at once coming out of the lockdown. Despite these challenges, we were able to make notable progress and expected to finalize construction in the next 45 days or so.
In the next 45 days, most of the construction work will be focused on adding finishes to walls, ceilings, and floor (i.e. tiles, counter stone, ceiling finish, etc) as well as adding all major furniture and fixtures (i.e. banquet, 20 ft LED wall, lighting fixtures, etc).
Our campaign is expected to go live any day now. We have submitted all legal and accounting documents and the due diligence and legal team at Republic has given us the green light. Now we’re waiting on the escrow company to take our campaign live which again should be any day. Approximately 45% of our available crowdfunding securities are already reserved. We hope to be fully subscribed shortly after we are live!
Steel Structural Awning as shown in the rendering
20 ft LED screen framing & Plant Wall. Planter Boxes have been prepped for tree and plant.
Four restrooms are fully tiled and ready for sinks and toilet install.
Backbar sheetrock installed already for carpentry for shelves