Vermont's Jay Peak ski resort is continuing its $125 million development that includes a hotel, lodge and indoor water park funded mostly by foreign investors who were given U.S. residency permits in exchange for their money.
Resort officials and U.S. Sen. Patrick Leahy, D-Vt., who has promoted the EB-5 investor visa program in Congress, broke ground Wednesday on the second phase of the project. Officials say it includes the largest water park in the Northeast and a new 120-room hotel, a lodge with 57 luxury suites, an indoor ice arena and clubhouse for a golf course which have been completed since December.
Vt. Ski Resort Launches Project With Foreign Money - ABC News
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