CITY OF SOUTH HAVEN PROPOSAL FOR DUNKLEY AVENUE REDEVELOPMENT AREA

May 23, 2007

Table of Contents

Introduction

A

Proposal Form

B

Economic Impact Analysis

C

Description of Development Firm and Firm’s Qualifications

D

Ability to Finance

E

Descriptions and References Of Firm’s Completed Projects Similar in Scope

F

Development Goals Narrative

G

Proposed Site Layout

H

Construction Cost , Product Value Estimate, and Development Timeline

I

Appendix I

I

Appendix II

II

Appendix III

III

Introduction

Introduction The following document sets forth the proposal of Stage Development Company, LLC (“Stage”) to the City of South Haven, Michigan (“City”) for the Dunkley Avenue Development Area (the “Dunkley Site”). All site plans, renderings and other information set forth herein represent the intellectual property of Stage and may not be used or reproduced by any other individual, firm or other entity for any purpose without Stage’s express written permission.

Proposal Form

Economic Impact Analysis

Economic Impact Analysis The product value is estimated to be in excess of $50,000,000. It is anticipated that the redevelopment plan set forth herein (the “Project”) will take approximately three (3) years to complete. In addition to the significant increase in the real estate tax base caused by the addition of 145 residential condominium units, the Project will also result in the creation of additional jobs within the community. These jobs will generally be construction-industry related jobs and as such will last for the duration of the construction of the Project. Approximately 3-5 permanent jobs should be created by the Project. These jobs will be related to property management and property maintenance operations once the Project is fully constructed and occupied. It is projected that at least sixty percent (60%) of the condominium units will be used as second homes by out-of-state residents. Out-of-state residents pay a higher real estate tax rate and generally do not utilize City services and infrastructure to the same degree as full-time residents. In addition, the new residents of this development will shop for goods and services in the South Haven area, providing an increased customer and revenue base for existing local retail merchants and service providers. Additional retail sales will also generate additional sales tax revenues.

Description of Development Firm And Firm’s Qualifications

Description of Development Firm and Firm’s Qualifications Stage is a privately owned, “boutique” real estate development company offering specialized services to the real estate industry. Stage was founded in 2003 by a group of highly experienced, creative professionals who share a vision of excellence in development and have over 50 years of demonstrated successful real estate development experience. This experience enables our firm to quickly shift and adjust course as the market demands. See Appendix I for the qualification statements of the Stage principals. Where others may see obstacles, we see opportunities and exciting challenges. Stage views the Dunkley Site along with the surrounding area as just such a challenge given the unusual shape of the site, the varied and sometimes competing interests of existing adjacent land owners, current and future uses for the Dunkley Site and the larger surrounding area, and a need to incorporate desired uses that are important to the City’s constituents. All of these factors must be evaluated in the context of a rapidly changing real estate market. Stage values strong relationships. They are the hallmark of our company and the path to sustaining our business and contributing to the success of others. Most importantly, Stage and its principals have spent the past several years building professional and personal relationships within the South Haven community and have made a long-term commitment to the community. This is best evidenced by its current 40-acre project, the Preserve at Woodland Harbor (“Preserve”), which broke ground last fall and is currently under construction. As you know, this project came to fruition after Stage and its principals worked through many difficult obstacles that many thought were insurmountable. This drive and determination to succeed will be critical to bringing the Dunkley Site redevelopment project to reality. In addition to the strong community relationships Stage and its principals have in the City, we are constantly improving and growing relationships with lenders, investors, buyers, contractors, and other related development professionals. These relationships enable Stage to partner with others and bring the best available resources and ideas to its developments. For the Dunkley Site, Stage has partnered with TVS, an internationally, renowned architectural and design firm, which was just named the Chicago Food Depository 19th Chicago Commercial Real Estate Awards 2007 Architect of the Year and also won the 2007 Build to Suit Project of the Year award. See Appendix II for a partial listing of recent recognition and other awards TVS has received. TVS focuses on inspired design and close dialogue with its clients. TVS also believes that design is measured on how well it enhances the community and enriches the culture.

Stage shares this focus and belief, making our partnership with TVS a strong and exciting one. The Stage/TVS team believes that the development plan for the Dunkley Site should: • incorporate the best design features and amenities; • enhance the community; • be workable and livable to foster personal connection; • utilize attractive landscaping appropriate for the area; and • be environmentally sensitive. Stage has demonstrated its commitment to these beliefs at the Preserve by choosing to limit density; by preserving large tracts of green space, ravine and wetland areas; designing a community that is pedestrian friendly, and creating a large pavilion and two clubhouses for community activities. TVS has also embraced these beliefs for over 30 years and is a pioneer in the concept of sustainable design. Our TVS team members are all Leadership in Energy and Environmental Design (“LEED”) accredited and have brought these talents to our design for the Dunkley Site. See Appendix III for the qualification statements of TVS team members. All of our team members have experience in: • • • • •

Residential Development; Mixed Used Developments; Master Planning; Redevelopment and Revitalization; and Architecture Design.

In addition, Stage specifically brings other experience necessary to bring this Project to fruition including: • • • • • •

Financing capability; Market and economic feasibility understanding; Deal strategy, structure and due diligence; Sales, marketing and public relations; Legal; and Accounting.

Our development approach stems from our business cornerstones: honesty, integrity, loyalty, and fairness. Through our collaboration with TVS, we believe we have created a

world-class team that has the creativity, expertise and real estate experience to develop a unique and successful plan for the Dunkley Site.

Ability to Finance

Ability to Finance The principals of Stage have significant personal resources to complete this Project. We have a proven track record of financing development projects from $1,000,000 to over $100,000,000 in size and have extensive experience and relationships with multiple financial institutions to provide the financing required to successfully complete this Project. We also have many relationships with larger development firms and real estate professionals that can provide additional resources if required. The principals of Stage also maintain a large network of equity investors for projects to supplement their personal resources. We would be happy to provide you with banking references and detailed financial information at the appropriate time and in a more confidential and secure forum.

Descriptions and References Of Firm’s Completed Projects Similar in Scope

The Preserve at Woodland Harbor (“PWH”)

The City approved a Planned Unit Development (the “PUD”) for the Project in August, 2005, with 210 dwelling units to be constructed on the development parcel (see aerial overview of parcel on next page), including 188 detached single family homes comprised of harbor side homes, cottage homes, larger single family custom homes and 22 attached townhouses (see site plan following aerial overview). The 110 slips in the marina will be sold to individual homeowners and/or kept for rental purposes after completion of the dockominium of the slips. There will also be a new ravine clubhouse with an in-ground swimming pool, wooded and open recreational areas, a pavilion, walking paths and water features. The new ravine clubhouse will sit on a picturesque four acre meadow. A significant portion of the cottage homes are organized into “groves”. Each grove has a naturally wooded center green space giving it a real community feel. PWH may also include a commercial component along the Black River. PWH is intended to be a site sensitive development of the various areas of the property to take maximum advantage of the natural features and assets existing on and around the property. The road system is to be a combined type of driving surface with an asphalt center section with drivable shoulder(s) to minimize the environmental impact and visual effect of the roads while allowing an adequate width for passing vehicles and emergency vehicle access. Stage has designed all the homes with a high level of quality and finish, with an aesthetic reminiscent of a 1920’s era Michigan beach cottage in the arts and crafts style. PWH includes 10.5 acres of green space and beautiful natural landscaping. Every effort will be made to preserve the natural character and topography of the site including the retention and transplantation of as many of the existing trees as possible. Stage has retained the existing natural wetlands and ravine as site amenities. Picturesque walking trails and large natural green space also contribute to the unusual plan that has been designed for this site. Served by city water and sewer systems, the site is well positioned from a utility standpoint. The City recently completed a widening and reconstruction of Baseline Road bordering the north side of the PWH site, including a new bike and pedestrian path immediately adjacent to the site that leads to the lakefront and the public beaches. This has greatly improved access to the PWH site.

The Devon Project Located at Devon and Ravenswood in Chicago, Illinois, the Devon Project is a 99-unit residential building with 122 parking spaces and over 10,000 square feet of retail space. While the Devon Project is still in design development, the latest schematic plans are attached as the building is very interesting. The schematics show the site plan, the typical floor plan and the east elevation of the building.

1809 W. Devon Avenue

SCALE 1"=30'-0" DATE 11-14-06

DRAWING

SK#

SITE PLAN Nov 14, 2006 - 9:55AM

A

B

C

D

E

F

1

2

3

4

5

6

7

8

9

1809 W. Devon Avenue

SCALE DRAWING 1/16" = 1'-0" TYP FLOOR PLAN DATE (2ND - 7TH FLOORS) 11.14.06

SK#

02 Nov 14, 2006 - 10:00AM

9

8

7

6

5

1809 W. Devon Avenue

4

3

2

1

SCALE

DRAWING

SK#

DATE Nov 14, 2006 - 10:04AM

Developments Spearheaded by Christopher L. Picone Mixed-Use Developments Arlington Town Square is a mixed-use development featuring 100,000 SF of retail space, office area, a 17-story condominium building, and a theater complex in the heart of the central business district. The Residences of Arlington Town Square feature spacious one-and two-bedroom condominium homes with private heated garages, clubroom and fitness center. The historic Mentor Building, in downtown Chicago, was completely renovated. The first two floors feature retail space─ with the remaining building consisting of one- and two-bedroom condominium homes.

The Groves of Palatine consist of 40 luxury row homes and 4 condominium buildings consisting of 240-luxury one- and two-bedroom condominium homes─ featuring 15 different floor plans; all located in a beautiful park setting. Gateway Centre is the retail, office, and parking component of the development. There is 20,000 SF of retail space, 100,000 SF of office space, and a 1,250-car parking garage.

Multi-Family Residential Developments Wesley Square, in the center of downtown Wheaton, consists of twoand three-bedroom, 3-level town homes oriented around a landscaped courtyard.

Wheaton Place, located in downtown Wheaton, features one- and two-bedroom condominium homes consisting of oversized balconies, fitness center, and on-floor indoor parking. One Milwaukee Place consists of three buildings, each with 48 condominiums. Features include generous balconies, recreational facility, a fitness center, and indoor-designated parking with storage. Churchill Row features unique one- and twobedroom lofts and two- to five-bedroom luxury row houses in the Bucktown neighborhood of Chicago.

Sewing Exchange features one- and two-bedroom town homes in the South Loop area of Chicago.

Dearborn Mews features two- and three-bedroom luxury homes in the South Loop area of Chicago.

Single Family Residential Developments Barrington Court, features sixteen semi-custom and custom homes in a wooded setting located in Barrington, Illinois.

DESCRIPTION OF SIGNIFICANT REAL ESTATE PROJECTS SPEARHEADED BY SCOTT SINAR AS SENIOR LAW PARTNER ON THE PROJECT

Premier Projects MILLENNIUM CENTRE, 33 W. Ontario, Chicago, IL. The Millennium Centre is a one million square foot, $250 million mixed-use project located at the northeast corner of Ohio and Dearborn Streets. Millennium Centre is composed of a (i) 700space parking garage, (ii) 60-story high-rise tower with 350 luxury condominiums, and (iii) 28,000 square feet of retail space. We acted as counsel to the lead developer, Cataldo/Marovitz LLC, which was responsible for developing the overall project. Cataldo/Marovitz entered into a joint venture with American Invsco to develop the luxury condominium residences. We were responsible for almost all aspects of the development of this project, including without limitation the land acquisition, bridge financing, retail leasing, joint venture agreement with American INVSCO, negotiation of the syndicated construction loan, mezzanine financing, architects’ contract, construction management contract, the reciprocal easement agreement and take out financing and refinancing for public parking and retail parcels. We were involved in previous negotiations for joint ventures with, among others, Marriott International for a hotel, Northwestern Mutual Life for a potential apartment tower, and lease negotiations with numerous national credit tenants. (1998 to present). THE FARALLON, 600 N. Dearborn, Chicago, IL. The Farallon is a 270,000 square foot mixed-use high rise tower located at the northwest corner of Ohio and Dearborn Streets, Chicago. The project is composed of 161 residential luxury condominium units, 179 parking spaces, and 9,000 square feet of retail space. This project was a joint venture between Cataldo/Marovitz, LLC and Magellan Development. We were responsible for the initial acquisition and financing on the project and worked on the joint venture agreement between the parties. In order to build this tower, some unique transactions were entered into by the developer. Additional zoning density was required to make the project economically feasible. An affiliated entity of one development partner owned the Rainforest Café parcel immediately to the west. We were actively involved in structuring this transaction, which included a zoning rights agreement between the owner of the Rainforest parcel and the Farallon parcel to permit the owner of the Farallon to use the excess zoning density from the Rainforest parcel. This arrangement was later required to be unwound. We then negotiated the purchase of air rights from ComEd over their substation located on the parcel to the north of the Farallon parcel. In addition to negotiating the foregoing agreements, we handled the reciprocal easement agreement and the commercial leasing on the project. (1997 to 2004).

REAL ESTATE PROJECTS SPEARHEADED BY SCOTT SINAR Page 2

FOX LAKE COMMONS, Addison, IL. This site was originally a 20-acre farm located on Lake Street and Lombard Road. We handled the original land acquisition, land subdivisions, and financing as well as drafted the reciprocal easement agreement. We negotiated every land sales contract for this project, including closed sales to American Stores Properties, Northeast DuPage Surgery Center, Home Run Inn Pizza, National Bank of Commerce, Oxford Bank & Trust and Greco/Reggi LLC. (1998 to 2005). THE CARAVEL, 635 N. Dearborn, Chicago, IL. The Caravel is a 250,000 square foot mixed-use tower located at the northeast corner Ontario and Dearborn Streets. The project is composed of 126 residential luxury condominium units, 136 parking spaces, and 6,000 square feet of retail space. We handled the acquisition of this former gas station, including financing, negotiations with Equillon for environmental remediation, the joint venture agreement, the reciprocal easement agreement, and commercial leasing. (1999 to 2004). 630 N. STATE PARKWAY, Chicago, IL. We handled the original acquisition and financing of this parcel for our client, who later sold air rights to another developer for the construction of a 175-unit condominium tower with 175 parking spaces. Our client retained the rights to the two-story 14,000 square foot retail parcel at the northwest corner of Ontario and State Streets. We also drafted the reciprocal easement agreement, handled leasing on this project and negotiations with the condominium association. (1998 to present). Other Projects THE AMALFI, 20 W. Kinzie Street, Chicago, IL. We handled the acquisition and financing of an air rights parcel for this 214 key luxury boutique hotel from the office building owner, and the drafting and negotiation of the reciprocal easement agreement. (2006). We handled the negotiation of a long-term lease for this hotel, which was converted to an Amalfi Hotel. Work included representing new tenant in leasehold financing for complete retrofit of space. (2003). 43 W. 81st Avenue, Merrillville, IN. We handled the acquisition of this 106-acre parcel in Merrillville, Indiana for a mixed-use development, including first mortgage loan financing and mezzanine financing. (2003). Park Place Office Complex, Green Bay, WI. We handled the acquisition and financing of this four-building, 40,713 square foot professional complex. (2002).

REAL ESTATE PROJECTS SPEARHEADED BY SCOTT SINAR Page 3

Admiral’s Pointe, 645 N. Kingsbury, Chicago, IL. We handled the preparation of the reciprocal easement agreement for this mixed-use project, which is composed of 171 residential condominium units, 171 parking spaces, and 8,500 square feet of retail space (2002). The Artesian Condominium, 4751 N. Artesian, Chicago, IL. We handled the initial acquisition and financing of this mixed-use project which included a three phase condominium conversion of an existing apartment building, complete conversion of a loft building and the demolition and construction of a new construction addition, resulting in 35 residential units, 40 indoor parking spaces and 4 retail spaces, including all condominium work. (1999 to 2004). Grand Plaza, 540 N. State, Chicago, IL. Grand Plaza is a mixed-use development on the city block bounded by Dearborn, Ohio, Grand, and State Streets. Our firm was involved in the acquisition of this parcel, which included negotiations with the AMA (the original site owner), the CTA, and environmental remediation of the site. The project, as completed, includes 100,000 square feet of retail space, two residential apartment towers of 764 units, and 1,000 parking spaces (1998).

814 North Michigan Avenue, Chicago, IL. This property, located across from the original Chicago Water Tower, was a commercial building leased to Walley Findlay Galleries. We represented the Baird Family in the sale of the property to Park Hyatt Water Tower Associates. The property became part of the new Park Hyatt Chicago (1997). Rolling Meadows Shopping Center, Rolling Meadows, IL. We represented the owner in the redevelopment of an enclosed shopping mall to a strip center. We negotiated the sale of outlots to McDonald’s and Sears, negotiated with the anchor tenant American Stores Properties, prepared the reciprocal easement agreement, and negotiated various new leases with national tenants. We also handled the sale of the redeveloped center to a national insurance company (1996-97). Rainforest Café, 605 N. Clark Street, Chicago, IL. This site had the Capone’s Museum at the time that our client purchased the tenant’s interest in the ground lease. Our client eventually leased the property to Rainforest Café. We were involved in the original acquisition of the tenant’s interest in the ground lease and the purchase of the building located thereon. We also negotiated and closed the acquisition of the fee interest in the land from the ground lessor, as well as the permanent conduit financing for the project (1996). Forum Square Business Complex, Libertyville, IL. We handled the sale of this office complex containing 51,905 square feet, consisting of four office buildings with 225 surface parking spaces on six acres (1995).

REAL ESTATE PROJECTS SPEARHEADED BY SCOTT SINAR Page 4

Campus Green Apartments, Chicago, IL. apartment complex (1994).

We handled the sale of this 410-unit

Ice House Design Center, Denver, CO. We handled the sale of an 180,000 square-foot leased loft building (1994). ____________________________________________________________________

Scott Sinar has been involved in the purchase, sale, leasing, and financing of numerous industrial parcels for manufacturing clients, as well as numerous residential “neighborhood” developments for both clients and his own account (see personal deal summary).

Client References • • • •

C.A. “Bud” Cataldo, Chairman, Hostmark Hospitality; Principal, Cataldo/Marovitz, LLC 847-517-9090 Senator William Marovitz, Principal, Cataldo/Marovitz, LLC 312-595-1600 David Carlins, President, Magellan Development 312-642-8869 John Dombek, III, President, JJD Industries, Inc. 847-678-7573

RETAIL • BRANSON’S LANDING LIFESTYLE MIXED USE

BRANSON LANDING LIFESTYLE MIXED USE

LOCATION:

AN EXCITING NEW DOWNTOWN

• Branson, MO CLIENT: • HCW / City of Branson PROJECT AREA: • 318,000 sf GLA Retail / Restaurants

Branson Landing will be an entirely new destination retail, entertainment, hospitality and residential development on the downtown waterfront of the popular vacation mecca of Branson, Missouri. The project encompasses over 3,000 linear feet of waterfront and will provide a unique environment for national retailers, local craftsmen, a variety of restaurant venues and a dramatic water and laser light show in the new Branson Town Square.

• 66,000 sf Belles Department Store • 43,000 sf Bass Pro • 106 Condominium Units • 70 Condotel Units • 102 Room Boutique Hotel • 220,000 sf Convention Center • 241 Room Convention Hotel

Adjacent to the waterfront development will be a state-of-the-art boutique convention center and convention hotel capable of attracting national and regional events. This mix of uses and creation of place will attract visitors from the currently existing vacationers as well as appeal to a new clientele of conference attendees.

BRANSON’S LANDING LIFESTYLE MIXED USE • RETAIL

MIXED-USE • PROVIDENCE TOWN CENTER

P R O V ID E N C E T O W N C E N T E R

LOCATION:

LIFEST YLE BEC OMES TOWN CENTER

• Montgomery County, PA CLIENT: • Ardubon Development Corporation PROJECT AREA: • 165,000 sf specialty retail • 56,000 sf restaurant • 360,000 large-format retail • 200-room hotel • 1,000,000 sf office

Situated at a prominent undeveloped corner of a booming biotech corridor northwest of Philadelphia, Providence Town Center is a unique mixed use development which blends lifestyle retail in a convenient, main street design and integrates hotel and office functions. The retail development also integrates larger format boxes with shared service zones to achieve maximum efficiency of the site plan as a whole, while also providing these retailers maximum visibility from the major access point. Providence Town Center creates a true event venue in an existing grove of old-growth trees which provide a priceless amenity for the new heart of the community.

PROVIDENCE TOWN CENTER • MIXED-USE

MIXED USE • ATLANTIC STATION MASTER PLAN

AT L A N T I C S TAT I O N M A S T E R P L A N

LOCATION:

F R O M S T E E L M I L L T O “ S M A R T- G R O W T H ” M O D E L

• Atlanta, GA CLIENT:

TVS undertook one of the nation’s most ambitious brownfield master-planning projects on the environmentally reclaimed Atlantic Steel Mill site.

• Jacoby Development and CRB Realty Association PROJECT AREA: • 138 acres

Atlantic Station is a vibrant mixed-use community surrounded by a renewed midtown, Atlanta’s main interstate highway connector, and Georgia Institute of Technology (Georgia Tech). TVS planners tightly knitted the project into the urban fabric beyond Atlantic Station, connecting the neighborhoods with bridges on east and west borders, including new links to serve the Arts Center transit station. Three districts create a comfortable sense of community and maximize development potential. The “Commons” is the central residential neighborhood. “Tech Village” offers high-tech office space blended with residential and retail uses. And “The District” is a highenergy employment, residential, and entertainment cluster designed to encourage economic and cultural vitality. The Environmental Protection Agency designated the rehabilitation and master planning of Atlantic Station “Project XL,” a national “smart growth” model, in 1999.

ATLANTIC STATION MASTER PLAN • MIXED USE

MIXED USE • GULFSTREAM PARK MASTER PLAN

G U L F S T RE A M PA R K M A S T E R P L A N

LOCATION:

ON TR ACK FOR SUCCESS

• Hallandale, FL CLIENT: • Forest City Development Co. PROJECT AREA:

Gulfstream Park is a dream marriage of a successful thoroughbred racing facility with a new, dynamic mix of upscale fashion retailers, lifestyle home goods, and health and well-being components. The previously underutilized 80 acre site is situated in a highly desirable area between Miami and Ft. Lauderdale, Florida, and is master planned for future phases of resort hotel, residential and office to be integrated into the retail development.

• 1,300,000 sf retail • 400,000 sf office • 200,000 sf hotel • 200,000 sf residential

The synergy between the existing seasonal racing events and a year-round shopping venue, along with a decidedly sophisticated physical appeal, makes Gulfstream Park a model for mixed use projects across the nation.

GULFSTREAM PARK MASTER PLAN • MIXED USE

Development Goals Narrative

Development Goals The City has many positive attributes that make it a compelling choice for anyone seeking a location that combines a rich history, abundant open space, charm and character, with an excellent Midwest location and a friendly local population. The historic roots and natural beauty of the City cannot be replicated and should be preserved. The celery pond is an irreplaceable wetland area that is home to various species of waterfowl and other animals and plant life. Our goal in developing this unusual property would be to preserve, enhance, and protect these valuable natural assets while creating a residential community that is in harmony with nature and respectful of the City’s rich history, local charm and character. Existing Site Limitations The Dunkley Site is approximately eight (8) acres. Of this area, approximately 2.5 acres appears to be in the flood plain which makes building difficult and extremely costly, not to mention the substantial additional time and cost of obtaining or securing governmental approvals. The northeast tip of the Dunkley Site has the existing drainage channel cutting through it. It is our understanding that the City and adjacent landowners currently have an application pending before the Michigan Department of Environmental Quality (the “MDEQ”) to permit the dredging of the channel for the creation of a potential marina within the celery pond. This uncertainty makes it hard to plan for this portion of the Dunkley Site until the ultimate status is finally determined by the MDEQ. This uncertainty also makes the Dunkley Site less desirable and as a result, less valuable. The City has also indicated that they are willing to relocate the waste water treatment plant (“WWTP”) if a sufficient amount of development is placed into the area. Stage totally supports this plan. However, the City’s Request for Proposal (the “RFP”) does not include this area. Constructing a residential project immediately adjacent to the WWTP creates a significant marketing obstacle for any new development. Unfortunately, in the absence of relocating the WWTP, there is no way to escape this stigma and its attendant negative marketing effects. This will definitely negatively impact any residential development from not only the ultimate sales prices that can be obtained, but also from a sales velocity standpoint. Unfortunately, these are critical issues for any residential development. Based upon the experience of Stage and its principals in other municipalities, when a “blighted” area (blighted includes redevelopment of industrial areas and other

Brownfield type sites) is redeveloped, a master plan covering the entire area must be put into place. Most developers (including Stage) are not willing to make a significant investment into a portion of an area without adequate assurances from the municipality that the entire area will be redeveloped. Given the current uses of the immediately adjacent areas for boat storage, city public works, water treatment, summer rental trailer park and other industrial uses, the ability to sell new residential condominium units in this area would be severely hampered. In any project, the ability to succeed needs to be maximized and in the absence of a master plan for this area, the Project although not doomed to fail, will not be as likely to succeed. At the end of the day, the investors and lenders in the Project will need to be convinced of the ability to sell the condominium units at favorable prices and at a reasonable velocity. This will be very difficult in the absence of a comprehensive master development plan for this entire area. These uncertainties also make establishing a value for the Dunkley Site extremely difficult. This Project will also require major infrastructure components such as roads, new utilities, channel dredging, as well as potential environmental clean-up costs. In the absence of a redevelopment plan for the entire area, neither the City nor any private developer can justify this amount of infrastructure investment for a single project. We believe the only way to successfully redevelop the Dunkley Site is through a private/public partnership. For this partnership to succeed, the support of the following parties is essential: City Officials (City Counsel, Plan Commission and Staff) Citizens Dunkley Area Land Owners City Master Plan Consultants We believe that a comprehensive master redevelopment plan for the Dunkley area must be created and implemented with participation of all interested parties. A piecemeal approach to redevelopment with “one-off” projects is not in the best long term interests of South Haven. We propose that the City enter into a Master Development Agreement with Stage to provide master planning services to the City and to grant Stage certain development rights. If retained by the City, Stage will meet with the interested parties to gather input. Traffic studies, historical review, market research and focus groups would be implemented in developing the master plan. We will also address methods to retain current businesses within the area. Through this process Stage will work with the City

to clarify the many unanswered questions raised in the RFP and develop a realistic fair market value of the Dunkley Site. Stage and its professional team have closely reviewed and analyzed the City’s Master Plan for the area and are supportive of most of the recommendations. Stage would seek to include the following portions of the Master Plan in any overall plan it were to propose for the area: • • • • • • • •

Riverfront public access throughout the entire Dunkley Site; A larger park area; A performing arts/music venue; Retention of Black River Park with increased green space; Link to the Kal-Haven trail; A wetland/bird watching lodge, including a classroom; Public restrooms including a shower and locker room facility; and a Restaurant with outdoor seating.

Stage is committed to responsible, smart development. We stand ready to proceed down the path with the City as a partner, in creating and executing a well designed Dunkley Site redevelopment plan. With the proper comprehensive redevelopment plan, the Dunkley Site can be the newest destination area in South Haven where people come to visit for a unique experience that was, and continues to be, “South Haven.” We are excited by the prospects and look forward to continued discussions. Thank you for your consideration.

Proposed Site Layout

Construction Cost Product Value Estimate Development Timeline

Construction Cost Anticipated construction costs for the project are approximately $20,000,000. This includes the cost of constructing all infrastructure improvements (excluding any costs to relocate the WWTP, channel dredging, street reconfiguration, and any necessary environmental remediation).

Product Value Estimate The product value is estimated at approximately $50,000,000.

Development Timeline The Project is anticipated to have a three-year schedule. A preliminary development timeline is set forth as follows: Month

Activity

1–6

Develop a comprehensive Master Development Plan for the entire Dunkley Site area; Negotiations with City regarding Acquisition Agreement, Master Development Agreement; closing on purchased land.

7 – 12

Architectural design, construction drawings, bid solicitation, analysis of bids, negotiation of construction contracts; closing on construction financing.

13 – 24

Commence construction; Begin condominium unit sales process; Begin search for retail tenants.

25 - 36

Complete construction; Complete condominium unit sales process and closings of all units; Finalize retail leases and complete retail tenant buildouts; Project close out.

Appendix I

CHRISTOPHER L. PICONE Phone: 312.334.9652 Fax: 312.334.9653 [email protected]

Principal

Christopher is a principal in Stage Development Company, LLC and Camelot Development, LLC, both real estate development companies located in Chicago, Illinois. Chris is also a principal in Camelot Realty of America, Inc., (an affiliate company of Stage), a real estate brokerage firm specializing in marketing residential properties in Chicago, Illinois. Chris has been actively engaged in the development, ownership, operation and management of multi-family and single family residential, retail, office and industrial properties since the late 1970’s. Prior to starting Stage Development Company, LLC, Chris served as Chief Operating Officer to one of the largest privately owned general contracting firms in the country, that specializes in residential, general commercial, retail, restaurant, hospitality, and industrial construction projects. Chris also served as President/Chief Operating Officer for a large privately owned real estate development company where he was responsible for overseeing the day-to-day operation of the company for several years. During this time he guided several large mixed-use developments in suburban downtowns, the renovation of a historic building in Chicago’s Loop and various condominium projects in several Chicago suburbs. At the same time, he also served as President/Chief Operating Officer to a sister company, a large privately owned general contracting firm with annual revenues in excess of $80 million. His brokerage experience includes nine (9) years serving as Chief Operating Officer/General Counsel for the largest independent residential brokerage company in the Midwest. There he directed the day-to-day operations, managed all legal issues, and developed and managed programs to increase the level of performance of the company. Chris received his Bachelor of Business Administration from Loyola University of Chicago in 1978. He received his law degree with distinction from the John Marshall Law School in 1981 and LLM (Taxation) from DePaul University in 1987.

SCOTT SINAR Phone: 312.334.9602 Fax: 312.334.9603 [email protected] Principal Scott is a principal in Stage Development Company, LLC and Camelot Development, LLC, both real estate development companies located in Chicago, Illinois. Scott is also a principal of Camelot Realty of America, Inc., (an affiliate company of Stage), a real estate brokerage firm specializing in marketing residential properties in Chicago, Illinois. Scott has been actively engaged in the development, ownership, operation and management of multi-family and single family residential, commercial and office properties since the late 1980s.

Scott’s legal experience includes serving as legal counsel for numerous mixed-use development projects, including a one million square foot, $250 million mixed-use project consisting of a 60-story high rise tower with 350 luxury condominiums, a 700-space parking garage, and 28,000 square feet of retail space. Scott also acted as legal counsel in a 270,000 square foot mixeduse high rise tower development consisting of 161 luxury residential condominiums, 179 parking spaces and 9000 square feet of retail space. Scott completed the initial acquisition and financing for the project and the joint venture agreement. He was also actively involved in the zoning rights agreements and a purchase of air rights from an adjoining parcel. Scott’s other major development projects include the acquisition of a 20acre property and subsequent land subdivision and financing; a 250,000 square foot mixed-use residential tower consisting of 126 luxury condominiums, 136 parking spaces and 6000 square feet of retail space; and acquisition and financing of a 175-unit condominium tower with 14,000 square feet of retail space. He has also developed over thirty (30) single family and multi-unit condominium projects since 1995 and has won numerous Chicago-wide and community-based awards for his trend setting projects. Scott received a B.S. degree with Honors in Accounting from the University of Illinois, Champaign-Urbana, School of Business in 1984, and received a law degree with High Honors from Illinois Institute of Technology Chicago Kent College of Law in 1987. Scott was a member of the Order of the Coif and served as a notes and comments editor of the IIT-Chicago Kent Law Review. Scott is a registered Certified Public Accountant and a licensed Real Estate Broker in the State of Illinois.

Appendix II

AWARDS LIST • TVS

T V S AWA RD S

2007 ARCHITECT OF THE YEAR Chicago Commercial Real Estate Thompson, Ventulett, Stainback & Associates Atlanta, GA, Chicago, IL BUILD TO SUIT PROJECT OF THE YEAR Chicago Commercial Real Estate Takeda Pharmaceuticals N. American HQ Deerfield, IL

2006 AWARD FOR DESIGN EXCELLENCE Urban Land Institute Washington Convention Center Washington, DC DESIGN EXCELLENCE AWARD American Institute of Architects Washington Convention Center Washington, DC DESIGN EXCELLENCE AWARD - INTERIORS AIA Georgia Chapter Washington Convention Center Washington, DC DESIGN AWARD - SILVER INSTITUTIONAL ASID Georgia Chapter Connecticut Convention Center Hartford, CT DESIGN AWARD - GOLD INSTITUTIONAL ASID Georgia Chapter Georgia Aquarium Atlanta, GA DESIGN AWARD - GOLD RETAIL ASID Georgia Chapter Paradies Shops at the Georgia Aquarium Atlanta, GA

DESIGN AWARD - BRONZE CORPORATE UNDER 10,000 SF ASID Georgia Chapter National Office Furniture Showroom Chicago, IL DESIGN AWARD - GOLD CORPORATE UNDER 10,000 SF ASID Georgia Chapter Confidential Financial Services Company Atlanta, GA DESIGN AWARD - BRONZE CORPORATE OVER 10,000 SF ASID Georgia Chapter Kimball Office Showroom Chicago, IL DESIGN AWARD - SILVER CORPORATE OVER 10,000 SF ASID Georgia Chapter Kimball International Corporate Showroom Jasper, IN

2005 DESIGN EXCELLENCE AWARD AIA Miami Chapter Corpus Christi Bayfront Convention Center Corpus Christi, TX DESIGN EXCELLENCE AWARD AIA Corpus Christi Chapter Corpus Christi Bayfront Convention Center Corpus Christi, TX DESIGN EXCELLENCE MERIT AWARD AIA Tennessee Chapter Knoxville Convention Center Knoxville, TN

TVS • AWARDS LIST

DESIGN AWARD - THIRD PLACE RETAIL ASID Illinois Chapter Kimball Office Showroom Chicago, IL DESIGN AWARD - GOLD RETAIL ASID Georgia Chapter Interface Showroom and Offices

DESIGN & DEVELOPMENT MERIT AWARD - CENTERS OVER 500,000 SF International Conference of Shopping Centers Triangle Town Center Raleigh, NC

2004

DESIGN AWARD - GOLD

ULI NATIONAL AWARD FOR EXCELLENCE Urban Land Institute Georgia Institute of Technology, Technology Square

HOSPITALITY OVER 10,000 SF

Atlanta, GA

Atlanta, GA

ASID Georgia Chapter Twisted Fork Raleigh, NC DESIGN AWARD - BRONZE RETAIL ASID Georgia Chapter

ULI ATLANTA AWARD FOR EXCELLENCE Urban Land Institute - Atlanta Chapter Georgia Institute of Technology, Technology Square Atlanta, GA

Colonial Mall Myrtle Beach, SC

DESIGN & DEVELOPMENT AWARD International Conference of Shopping Centers

DOC AWARD HONORABLE MENTION

Dadeland Mall

Solutia

Miami, FL

Kimball Office Showroom Chicago, IL

NATIONAL MARKETING COMMUNICATION AWARD - DIRECT MAIL CATEGORY

DESIGN & DEVELOPMENT AWARD -

SMPS

CENTERS OVER 500,000 SF

TVS Interiors Direct Mail Campaign

International Conference of Shopping Centers

Atlanta, GA

Plaza Norte Santiago, Chile

CORPORATE FACILITY SOUTHERN REGION WINNER

DESIGN & DEVELOPMENT MERIT AWARD

BOMA International

- CENTERS OVER 500,000 SF

TIAA-CREF Southern Service Center

International Conference of Shopping Centers

Charlotte, NC

Short Pump Town Center Richmond, VA

MERIT AWARD Mississippi Builders & Contractors Association Chunky River Harley Davidson Meridian, MS

AWARDS LIST • TVS

SPECIAL USE BUILDING CATEGORY

DESIGN AWARD - SILVER - RETAIL

HONOR

ASID Georgia Chapter

Knoxville Metropolitan Planning Commission

Dadeland Mall

Knoxville Convention Center

Miami, FL

Knoxville, TN DESIGN AWARD - GOLD DESIGN AWARD - GOLD

PRODUCT DESIGN

CONTRACT SINGULAR SPACE

ASID Georgia Chapter

ASID Georgia Chapter

HBF Textiles “Stitch” Collection

McCallie School Dining Hall

Atlanta, GA

Chattanooga, TN OUTSTANDING ACHIEVEMENT DESIGN AWARD - GOLD

American Concrete Institute, GA Chapter

CORPORATE UNDER 10,000 SF

Technology Square Parking Deck

ASID Georgia Chapter

Atlanta, GA

Georgia Tech Foundation

AWARD OF EXCELLENCE

Atlanta, GA

Atlanta Urban Design Commision Technology Square

DESIGN AWARD - SILVER

Atlanta, GA

CORPORATE OVER 10,000 SF ASID Georgia Chapter

MERIT AWARD IN DISTRICT PLANNING

CBL Center

SCUP and American Institute of Architects

Chattanooga, TN

Technology Square Atlanta, GA

DESIGN AWARD - SILVER INSTITUTIONAL

2003

ASID Georgia Chapter

AWARD OF EXCELLENCE

Palm Beach County Convention Center

Architectural Woodwork Institute

West Palm Beach, FL

Washington Convention Center Washington, DC

DESIGN AWARD - GOLD - INSTITUTIONAL ASID Georgia Chapter

DESIGN AWARD - SILVER

Georgia Institute of Technology,

CORPORATE SINGULAR SPACE

Technology Square

ASID Georgia Chapter

Atlanta, GA

BellSouth Midtown II Lobby Atlanta, GA

DESIGN AWARD - SILVER RETAIL ASID Georgia Chapter Triangle Town Center Raleigh, NC

TVS • AWARDS LIST

DESIGN AWARD - SILVER

HONOR AWARD -

CORPORATE OVER 10,000 SF

AIA / SA MAYOR’S CHOICE AWARDS

ASID Georgia Chapter

Henry B. Gonzalez Convention

TIAA-CREF Southeast Service Center

Center Expansion

Charlotte, NC

San Antonio, TX

DESIGN AWARD - SILVER

BEST PUBLIC PROJECT -

INSTITUTIONAL

TEXAS CONSTRUCTION BEST PROJECTS

ASID Georgia Chapter

Henry B. Gonzalez Convention

Knoxville Convention Center

Center Expansion

Knoxville, TN

San Antonio, TX

DESIGN AWARD - BRONZE

DESIGN AWARD - GOLD

CORPORATE OVER 10,000 SF

CORPORATE INTERIORS

ASID Georgia Chapter

ASID Georgia Chapter

BellSouth AMP I & II

WestWayne

Atlanta, GA

Atlanta, GA

EXCEPTIONAL MERIT AWARD

DESIGN MERIT AWARD

Atlanta Regional Commission

AIA Georgia Chapter

Clayton College and State University

Carter’s

Gateway Village Masterplan

Atlanta, GA

Morrow, GA DESIGN MERIT AWARD TOBY AWARD - CORPORATE FACILITY

AIA Georgia Chapter

Sugarloaf Corporate Center

WestWayne

Atlanta, GA

Atlanta, GA

CORPORATE AWARD OF EXCELLENCE

DOC AWARD

Atlanta Journal Constitution

Solutia

Thompson, Ventulett, Stainback & Associates

Uzun & Case

Atlanta, GA

Atlanta, GA

2002

DESIGN AWARD - GOLD

ARCHITECTURE FIRM AWARD

CORPORATE INTERIORS

American Institute of Architects

ASID Georgia Chapter

Thompson, Ventulett, Stainback & Associates

Uzun & Case

Atlanta, GA

Atlanta, GA

AWARDS LIST • TVS

DESIGN AWARD - SILVER

CERTIFICATE OF MERIT -

CORPORATE INTERIORS

International Council of Shopping Centers

ASID Georgia Chapter

Mall of Georgia at Mill Creek

Carter’s

Buford, GA

Atlanta, GA OUTSTANDING MASONRY AWARD DESIGN AWARD - BRONZE

Southeast Chapter Masonry Contractors

ASID Georgia Chapter

Royal Palm at Southpointe

WestWayne

Plantation, FL

Tampa, FL CERTIFICATE OF MERIT TOBY AWARD -

International Council of Shopping Centers

OFFICE COMPLEX 500,000 - 1M SF

Florida Mall

Concourse Corporate Center 6

Orlando, FL

Atlanta, GA

GOOD DESIGN AWARD The Chicago Athenaeum

2001

Metafloor - Lee’s Carpet

DESIGN AWARD - GOLD CORPORATE INTERIORS

MERIT AWARD

ASID Georgia Chapter

Illuminating Engineering Society of North

Ketchum

America

Atlanta, GA

Executive Presentation Theater Atlanta, GA

NATIONAL HONOR AWARD FOR ARCHITECTURE

AWARD OF EXCELLENCE -

American Institute of Architects

CONSTRUCTION AWARD

McCormick Place Convention Center

ABC Georgia Chapter

Chicago, IL

Alston Campus Center and McCain Library, Agnes Scott College

AWARD OF EXCELLENCE

Decatur, GA

AIA Georgia Chapter McCain Library Renovation and Expansion

NATIONAL DESIGN AWARD OF

Agnes Scott College

EXCELLENCE

Decatur, GA

Emory University Parking Garage Atlanta, GA

DESIGN AWARD, SILVER CORPORATE INTERIORS

FIRST PLACE AWARD - HIGH RISE

ASID Georgia Chapter

American Concrete Institute

Equifax World Headquarters

Glenridge Highlands Two

Atlanta, GA

Atlanta, GA

TVS • AWARDS LIST

OUTSTANDING ACHIEVEMENT AWARD -

DESIGN EXCELLENCE AWARD - GOLD

HIGH RISE BUILDINGS

ASID Georgia Chapter

American Concrete Institute

Florida Community College

3003 Summit

Jacksonville, FL

Atlanta, GA DESIGN EXCELLENCE AWARD - GOLD FIRST PLACE AWARD - RESIDENTIAL

ASID Georgia Chapter

American Concrete Institute

TSYS

Ventulett Residence

Columbus, GA

Atlanta, GA DESIGN EXCELLENCE AWARD - BRONZE

2000

ASID Georgia Chapter

NATIONAL HONOR AWARD FOR

Glenridge Highlands One Lobby

REGIONAL AND URBAN DESIGN

Atlanta, GA

American Institute of Architects Pennsylvania Convention Center

DESIGN AWARD OF MERIT

Philadelphia, PA

AIA Georgia Chapter Hot Springs Convention Center

INTERIOR MERIT AWARD

Hot Springs, AR

AIA South Atlantic Region Executive Presentation Theater

BENTLEY SUCCESS AWARD

Atlanta, GA

FOR ARCHITECTURE Washington Convention Center

MERIT AWARD FOR ARCHITECTURE

Washington, DC

AIA South Atlantic Region Hot Springs Convention Center

ADVENTURE IN EXCELLENCE AWARD

Hot Springs, AR

Sherwin-Williams’ Adventure in Excellence Plaza Tobalaba

MERIT AWARD

Santiago, Chile

AIA South Atlantic Region Executive Presentation Theater

HONORABLE MENTION -

Atlanta, GA

NEW SPECIALTY STORE SADI Awards

MERIT AWARD FOR ARCHITECTURE

Havertys Furniture, Mall of Georgia

AIA South Atlantic Region

Buford, GA

Georgia International Plaza Atlanta, GA

Appendix III

RESUME • MICHAEL L. HAGEN, AIA, LEED AP

MI C H A E L L . H A G E N , A I A , L E E D A P PRINCIPAL

With more than 30 years of experience in project management and technical aspects of projects, Mike has gained vast knowledge of the building process. His expertise in managing large projects with multiple consultants is instrumental in completing projects on time and within budget. Mike spent 19 years with the Chicago office of Skidmore, Owings & Merrill, and seven years with the Chicago office of A. Epstein and Sons International, Inc. Mike is currently managing the McCormick Place West Expansion project in Chicago.

EDUCATION • University of Illinois, Bachelor of Architecture, 1972 AFFILIATIONS • American Institute of Architects • Chicago High Rise Committee REGISTRATION • Registered Architect, States of Illinois, Wisconsin • NCARB

MICHAEL L. HAGEN, AIA, LEED AP • RESUME

PORTFOLIO TVS Hyatt O’Hare Revovation, Chicago, IL Aon Renovation, Chicago, IL Kimball International Corporate Showroon, Chicago, IL Branson Landing, Branson, MO Takeda Pharmaceutical North America Headquarters, Deerfield, IL UIUC Dining Hall, Feasibility Study, Urbana, IL Metropolitan Pier and Exposition Authority, Offices at Corporate Center, Chicago, IL Boeing World Headquarters, Chicago, IL (through Alliance Partnership with Callison Architecture, Inc.) Bolingbrook Retail Development, Bolingbrooke, IL Washington Mutual Branch Banking Facilities, Various locations in IL (through Alliance Partnership with Callison Architecture, Inc.) Hyatt Regency at the Orange County Convention Center, Orlando, FL McCormick Place West Expansion, Chicago, IL Washington Convention Center, Washington, DC PRIOR TO JOINING TVS 225 West Washington Street Building, Chicago, IL 676 St. Clair Building, Chicago, IL 75 State Street, Boston, MA American United Life Insurance Company, Indianapolis, IN Arlington Park Thoroughbred Racecourse, Arlington Heights, IL Chicago Place at 700 North Michigan, Chicago, IL Citicorp Plaza, Los Angeles, CA City Center Square, Kansas City, MO Civic Opera House, Chicago, IL Hubert H. Humphrey Metrodome, Minneapolis, MN Hyatt Regency McCormick Place, Chicago, IL Kirkland & Ellis Law Offices, Chicago, IL Ludgate Office Buildings, London, England McCormick Place South Hall Expansion, Chicago, IL Menniger Foundation Expansion, Topeka, KS Metropolitan Pier and Exposition Authority, Domed Stadium Feasibility Study, Chicago, IL Milwaukee Theatre District Building, Milwaukee, WI Northwestern University Coon Hall, Evanston, IL One Tower Bridge, Conshahocken, PA Orchestra Hall, Chicago, IL Pillsbury Center, Minneapolis, MN Sears Bank and Trust Company, Chicago, IL Sears Tower, Chicago, IL Three First National Plaza, Chicago, IL

RESUME • J. NEALE SCOTTY, AIA, LEED AP

J. N E A L E S C O T T Y, A I A , L E E D A P PRINCIPAL

Neale provides leadership and a broad range of experience to the Chicago Studio. He is active in professional and community affairs as well as professional activities at TVS. His career has been based in Chicago and includes experience with projects of a diverse range of size, type and locations including local and international. While completing project closeout activities on the Branson Landing waterfront, mixed use development and the Takeda Pharmaceuticals North American Headquarters, Neale is providing project leadership for various retail and hospitality project in the Chicago office.

EDUCATION • Bachelor of Architecture, Illinois Institute of Technology, 1978 AFFILIATIONS • Member, American Institute of Architects • Alpha Xi of Alpha Sigma Phi Educational Society, Board of Directors and Past President of Alumni Corporation • Member, Urban Land Institute REGISTRATION • Registered Architect, State of Illinois • LEED Accredited Professional, USGBC PUBLICATIONS / EXHIBITIONS • Chicago Architectural Club, Tops Competition • Accent

J. NEALE SCOTTY, AIA, LEED AP • RESUME

PORTFOLIO Takeda Pharmaceutical North America Headquarters, Deerfield, IL Branson Landing, Branson, MO Kimball International Corporate Showroom, Jasper, IN Boeing World Headquarters, Chicago, IL (through Alliance Partnership with Callison Architecture, Inc.) Boise Convention Center, Boise, ID Hyatt Regency at the Orange County Convention Center, Orlando, FL IBM On-Call Services Midwest Region Jacksonville Civic Center, Jacksonville, NC McCormick Place West Expansion, Chicago, IL McKesson, Wheeling, IL North Riverside Park Mall, North Riverside, IL Oakbrook Center, Oakbrook, IL Streets of Woodfiled, Schaumburg, IL Willowbrook Mall, Wayne, IN PRIOR TO JOINING TVS Arlington International Racecourse, Arlington Heights, IL Arthur Anderson Centre for Professional Development, St.Charles, IL Broadgate Office Development, London, England 121 W. Chestnut Apartments, Chicago, IL Ames Upper Grade Center, Chicago Public Schools, Chicago, IL 1992 Chicago Worlds Fair, Chicago, IL Crescent Centre, Phase I, Louisville, KY Eastbank Waterfront Towers, Grand Rapids, MI Favorite Brand International Facilities, New Orleans, LA, Oklahoma City, OK FDA District Office and National Forensic Chemistry Center, Cincinnati, OH Frankfurter Allee, Berlin, Germany Glenview Public Works, Phase III, Glenview, IL Harbourtown Residential and Commercial Complex, Detroit, MI Holiday Inn O’Hare International, Rosemont, IL Hotel de Las Artes, Barcelona, Spain Huntington Center, Columbus, OH Ludgate Office Development, London, England Park Place of Bethesda, Bethesda, MD Park East Housing, Milwaukee, WI Quail Ridge Housing Development, Middleton, WI Quest International Flavors and Food Ingredients Headquarters, Hoffman Estates, IL Warsaw Financial Center, Warsaw, Poland Wilmette Public Works Yard Expansion, Wilmette, IL

RESUME • KEVIN GORDON, AIA, LEED ®

K E V IN D. G O RD O N , A I A , L E E D ® PRINCIPAL

Since joining TVS from the office of Richard Meier, Kevin has served vital roles in the design of large complex public assembly facilities including planning, design, and large project management of a wide range of projects. Active in teaching and guest lecturing around the country, Kevin serves as Principal In Charge of the Design Review program at TVS.

EDUCATION • Master of Architecture, Miami University, Oxford, Ohio, 1980 • Bachelor of Environmental Design, Miami University, Oxford, Ohio, 1978 • The Architectural Association School of Architecture, London, England, Diploma Unit 8 AFFILIATIONS • Member, American Institute of Architects • Member, Architectural Association of London, England REGISTRATION • Registered Architect, States of New York and Ohio • National Council of Architectural Registration Boards (NCARB) • LEED® Accredited Professional HONORS • Medal of Design Excellence, Architects Society of Ohio • Architects Society of Ohio Honor Award for Excellence in Architectural Design for the Fountain Square Performing Arts Pavilion, Cincinnati, Ohio, The American Institute of Architects • AIA Citation Award, Corpus Christi Bayfront Convention Center • National AIA Design Award, Washington Convention Center

KEVIN GORDON, AIA, LEED ® • RESUME

PORTFOLIO CONVENTION CENTERS Anchorage Convention Center Study, Anchorage, AK Charlotte Convention Center, South Expansion Study, Charlotte, NC Corpus Christi Bayfront Convention Center and Arena, Corpus Christi, TX Georgia World Congress Center Study for new Public Concourse, Atlanta, GA McCormick West Convention Center, Chicago, IL Melbourne Convention Center Expansion, Melbourne, Australia Montreal Exposition Center Study, Montreal, Canada Nanjing Exhibition and Conference Center, Nanjing, China New Orleans Convention Center, Phase IV, New Orleans, LA New Detroit Convention Center Study, Detroit, MI Ocean Center Convention Center, Daytona Beach, FL Pennsylvania Convention Center Expansion, Philadelphia, PA Springfield Civic Center, Springfield, MA Washington Convention Center, Washington, DC HOTELS Study for Hyatt Hotel Crystal City, ballroom and convention center addition, Crystal City, VA Study for San Diego Waterfront Hotel, San Diego, CA Study for Convention Center Hotel, Washington, DC MASTER PLANNING Corpus Christi Bayfront Master Plan, Corpus Christi, TX Orange County Transit Development Master Plan, Orange County, CA New Orleans Convention Center District Master Plan, New Orleans, LA PRIOR TO JOINING TVS Mixed-use Complex of offices, hotel, residences and civic sports facilities, Montpellier, France Master plan for a 500,000 sf phased expansion to the Brooklyn Museum, New York, NY Master plan for 45 acres of office, hotel and retail development in Anaheim, CA Master plan for dormitories, classroom buildings and faculty housing for Drury College, Springfield, MO New York University, Graduate Dormitory, New York, NY New York University, Undergraduate Dormitory, Auditorium and classroom complex, New York, NY Two, thirty-story Luxury Condominium Towers, Phoenix, AZ Historic landmark renovations for the Archdiocese of New York, New York, NY Office headquarters for Canal +, Paris, France Office headquarters for Swiss Volksbank, Basel, Switzerland

RESUME • HILARY INGRAM, LEED AP

HI L A RY I N G R A M , L E E D A P ASSOCIATE

Hilary joined TVS in the fall of 2000 and has contributed to an extensive range of projects including convention center, hospitality, office, international and retail developments including the renovation of several malls and hotels. With concept design, schematic and design development successes on such projects as Branson Landing Mixed Use Development and McCormick Place West Expansion, Hilary has become an integral part of the TVS team. Additionally, her work and leadership on the renovation of the Hyatt Regency O’Hare, the construction documentation of the Washington D.C. Convention Center, and the design of the Bolingbrook Retail Development, has contributed to a wide range of professional skills. Hilary’s talents in graphic design and photography have complimented her participation on TVS’ marketing and design committees, as well as resulting in successful contribution to project proposals and specific project related imagery.

EDUCATION • 5-year Bachelor of Architecture Degree, Auburn University, June 2000 • Study Abroad: Europe, Spring 1998 AFFILIATIONS • Auburn University Thesis Speaker, Fall 2000 • ICSC “Next Generation” participant, 2005 • 2006 Empire Who’s Who Among Executives and Professionals in Construction HONORS • First Place Thesis Award, Auburn University Thesis: A Residence for Memory, for those with Alzheimer’s Disease EXHIBITS / PUBLICATIONS • Auburn University School of Architecture Photography Exhibit, 1999 and 2000 • Jane Addams Center for Photography Exhibit, 2002

HILARY INGRAM, LEED AP • RESUME

PORTFOLIO Boeing World Headquarters, Chicago, IL Boise Centre at Capital Station, Boise, ID Bolingbrook Retail Development, Bolingbrook, IL Branson Landing, Branson, MO High Rise Competition, Dubai, UAE Hyatt Regency at the Orange County Convention Center, Orlando, FL McCormick Place West Expansion, Chicago, IL North Riverside Park Mall, North Riverside, IL Pueblo Mall Renovation, Pueblo, CO Royal Palm, Plantation, FL Shoreland Hall, Chicago, IL TVS Office Expansion, Chicago, IL Washington Convention Center, Washington, DC Hyatt Regency O’Hare Public Space Renovation, Rosemont, IL PRIOR TO JOINING TVS Ohio State University, Knowlton School of Architecture, Columbus, OH Opelika Baptist Church, Opelika, AL

RESUME • INGRIDA MARTINKUS, LEED ® AP

IN G RIDA M A R T IN KU S , L E E D ® A P ASSOCIATE

Since joining TVS in January of 2000, Ingrida has gained much experience working on various projects such as commercial office, convention centers, retail, interiors and international work. With a strong interest in sustainable design and the environment, Ingrida, a member of the Sustainable Studio, provides LEED® certification consulting and documentation services. She is also key in facilitating charetts and presentations for projects or groups interested in LEED® and sustainability.

EDUCATION • Master of Architecture, University of Illinois at Urbana-Champaign, 1998 • Bachelor of Science in Architectural Studies, University of Illinois at Urbana-Champaign, 1996 • L´Ecole d´ Architecture de Versailles, France, 1994-1995 AFFILIATIONS • Member, USGBC Chicago Chapter, 2003 - present • Member, Sustainable Design Committee, TVS, 2001 - present • TVS Sustainable Design E-Letter, 2002 - 2003 REGISTRATION • LEED® Accredited Professional • Capital Development Board - Project Management for Capital Development Board Projects HONORS • City of Chicago Green Roof Grant, 2006 • Excellence in Teaching - University of Illinois • Louise Woodroofe Prize - Architectural Sketches • Edward C. Earl Prize - Architectural Design EXHIBITIONS • Lithography Exhibit, Cosi, Chicago, IL, 2001 • Photography Exhibit, Limner Gallery, New York, NY, March 2002 ACTIVITIES • IFMA Conference 2006 - Workplace Wellness Presentation • ASID Presentation on Sustainable Design - Panel Member • IIDA Student Sustainable Design Competition - Jury Member

INGRIDA MARTINKUS, LEED ® AP • RESUME

PORTFOLIO OFFICE Takeda Pharmaceutical North America Headquarters, Deerfield, IL SUSTAINABLE DESIGN Georgia Institute of Technology, Technology Square - LEED® Silver Certification, Atlanta, GA Interface Americas Showroom - LEED®-CI Platinum Certification, Atlanta, GA Centers for Disease Control and Prevention, Building 21 - LEED® NC Silver Certification, Atlanta, GA Takeda Pharmaceutical North America Headquarters - LEED® NC Certification pending, Deerfield, IL Kimball International Showroom - LEED® CI Certification pending, New York City, NY Kimball Education Center - LEED® CI Certification pending, Jasper, IN Greenlife Exhibit NeoCon - 2004, 2005, 2006 CONVENTION CENTER McCormick Place West Expansion, Chicago, IL Washington Convention Center, Washington, DC RETAIL North Riverside Park Mall, North Riverside, IL INTERNATIONAL Tripoli Towers, Tripoli, Libya The Lagoons/Seven Pearls, Dubai, UAE PRIOR TO JOINING TVS 50 South Sixth, Minneapolis, MN Chicago Transit Authority Redline Subway Stations, Chicago, IL The School of the Art Institute of Chicago, Project Proposal, Chicago, IL Washington University, St. Louis, MO Television Studios and Offices, Canary Wharf, London, England

303 WEST MADISON STREET SUITE 1800 CHICAGO, IL 60606 (312) 334 - 9650

Thompson, Ventulett, Stainback and Asssociates 209 S. LaSalle Street Suite 400 Chicago, IL 60604 Phone: (312) 251-1654 www.tvsa.com