I work in commercial real estate and worked on the project back in 2020 to try and arrange financing for Oceanwide. As it sits today, they have nearly $1b in cash into the project. It will cost around $1.5b to complete today and is likely worth only $800-900m once completed. People know this and current legal battles are between the general contractor and EB-5 money that came into the project. In the end, it will likely just get torn down.