Kern County has a large agricultural base and is also a large producer of oil, natural gas, hydro-electric power, wind turbine power, and geothermal power. It is also notable for its mineral wealth, including gold, borate, and kernite.
Kern County also boasts a governmental presence with two Department of Defense facilities, the Edwards Air Force Base and China Lake Naval Air Weapons Station. The Mojave Spaceport is also located in Kern County.
The City of Wasco is a growing and vibrant community located in the diversified agricultural region of Kern County. It has a total area of 7.6 square miles and is located 24 miles northwest of Bakersfield. Wasco is most notable for its agricultural industry, specifically for the growing of roses. 55% of all roses within the United States are grown in Wasco and over 50 million plants are grown by more than nine major companies, creating major business traffic and influx of visitors.
The proposed hotel/office project in the City of Wasco will cover approximately 55,500 total square feet, including extra facilities such as a gift shop and café. EB5 capital will be applied to the construction and capital equipment costs for the entire project.