CNYCRC was established by Century Development Group, one of New York City’s most active real estate developers. CNYCRC was formed in order to promote economic growth, improve regional productivity, create U.S. jobs, and secure financing for real estate development projects located within the geographic scope of the Regional Center.

Century New York City Regional Center (“CNYCRC”), a USCIS designated regional center, is conveniently located in one of the most vibrant and dynamic cities in the world — New York City. CNYCRC sponsored EB-5 projects are located within the regional center’s approved geographic scope, a six county area which includes the counties of New York (Manhattan), Queens, Kings (Brooklyn), the Bronx, Westchester, and Nassau.



Founded and headed by George Xu, Century Development Group is an integrated Real Estate Development Company. Since the late 1990’s, Mr. Xu has been involved in the developments of residential, commercial, mixed-use and hospitality projects primarily in the borough of Queens, New York.  To date, George Xu has worked on over a million square feet of real estate developments; mixed-use developments including residential, hospitality, office, and retail. The total value of his completed projects is calculated to be over $237, 000,000. The net worth of his current and developing projects is anticipated to be over $421,000,000. The total assets of his projects is over $658,000,000.

Our company has been playing an important role in the real estate market, particularly in Queens County, New York City. Our mission is to create value for our investors, partners as well as the neighborhood and community in which we serve. We believe in Quality, Value and Integrity.



Century New York City Regional Center is a Regional Center approved by the US Citizen and Immigration Services. As a regional center, Century New York City Regional Center provides immigrant investors the opportunity to obtain a permanent residency in the US through investments in various commercial and residential real estate development projects.

Message From President


The goal of our company is to create outstanding value for our customers through attractive designs and quality work. As an organization, we strive to create both value and striking aesthetics. The results are superior products for our customers and exceptional financial returns for our investors.

We accomplish value through our well-thought designs, effective use of financial resources, strategic public and private partnerships and employment of professional talent. Our commitment to ensure the long-term profitability of every project is paramount.

– George Xu