+/- 12-Acre Undeveloped Property in Cedar Park, Texas Strategically Located West of the Intersection of Lone Star and Ranch Road -1431

+/- 12-acre undeveloped property in Cedar Park, Texas strategically located West of the intersection of Lone Star and Ranch Road -1431. Property is less than half a mile from the new Hospital Center and Town Center Projects. Cedar Park About The Property

Features • Several retail pads located along FM 1431 (Whitestone Blvd.) and Bagdad Road • Nearby housing community has 2,841 existing or proposed residential units • Located less than a mile from the site of Super Wal-Mart, HEB and Albertson’s • Located one mile from the Town Center, Regional Medical Center and Endeavor Group projects. • Located one mile from the 183A Toll Road project.

Traffic Counts* • FM 1431 at U.S. 183: 45,000 vpd • FM 1431 east of Bagdad Road: 32,000 vpd • U.S. 183 north of Discovery and Cypress Creek: 46,000 vpd • FM 1431 west of Bagdad: 16,500 vpd *(All figures are 2000 estimates)

Site Improvements Cedar Park, TX Cedar Park, • Worked in together with Texas Department of Transportation to remedy their drainage issue associated with street improvements. • In exchange for use of our property, TDOT built a detention pond on the site that remedied their drainage issue and should satisfy future development requirements on the site at no cost to us.

CEDAR PARK, TEXAS is the fourth fastest growing city in the nation, population 10- 50,000, according to the United States Bureau of the Census.

From a population of 5,161 in 1990, Cedar Park has exploded on the popularity scale, developing into an urban center of over 30,000 residents in 10 years.

Cedar Park’s popularity as a place to live, work and raise families comes as no surprise to the citizens who helped the town grow. Located only 17 miles from the heart of downtown Austin, the State Capitol and home of The University of Texas, Cedar Park offers all the amenities of a major metropolitan area but far enough away to offer the relaxed life style that is in keeping with a family oriented community.

While Austin is known as the “Live Music Capital of the World” there is an abundance of cultural and recreational opportunities for families to enjoy. The Highland Lakes area, a system of five lakes created along the beautiful Colorado River, stretches from downtown Austin (Town Lake and Auditorium Shores) to Lake Buchanan some 60 miles away in Burnet. The largest of the lakes, Lake Travis, is the most popular recreational

Cedar Park, TX Cedar Park, site among the lakes and can be easily accessed at numerous sites ranging from five miles to ten miles from Cedar Park.

Springtime in the Hill Country is one of the most popular seasons of the year as native Texas wildflowers turn the hillsides into virtual gardens of color. One of the more popular scenic drives, anytime of the year but especially in the spring, begins in Cedar Park and ranges in a circular drive from Cedar Park to Marble Falls on Lake LBJ to Burnet and back to Cedar Park, a total driving distance of 90 miles.

Cedar Park offers you the best of the Hill Country while still being located close to Austin for a unique combination that is not found anywhere in the state. Whether you are an outdoor enthusiast, an avid shopper, or on a family vacation Cedar Park offers you great access to all destinations.

Austin Steam Train

Escape from the 21st Century and relax with us on a ride through American railroading romantic past. Let the rivers and ranches of the Hill Country, or the historic neighborhoods and lush parks of the hear of Austin, slip by your window as your, your family and friends share the delights of an adventure on Central Texas’ very own vintage passenger train! Choose from two classes of travel. Ride in a 1920’s open window-coach or experience the prestige of 1950’s Pullman travel in a climate-controlled lounge car. All passengers are invited to visit the concession while lounge passengers may enjoy complimentary soft drinks and snacks served right in their own car. Throughout the train, our friendly crew members are ready to make sure your trip is safe, memorable, and fun.

Cave Days (September 17, 2005 and April 15, 2006)

Cave Day is your opportunity to visit several special Cedar Park, Texas cave preserves. The areas around Cedar Park, Texas, abound with scenic parks, unusual plant and animal life, and networks of caves and karst. Two tours will start at Kay Reddan Park. Cavers will be your host at the Whitestone Cave Preserve and the Cedar Elm Preserve. Cavers in each preserve will have information on endangered species, cave life, plants, and bats that make their home in caves. This is the shorter of the two tours and features walking trails and easy access. The tour is approximately six blocks long. The longer tour will start at Buttercup Creek Preserve and follow Jamail Creek to the first cave, Buttercup Drain. The tour will continue through the woods and eventually visit, Buttercup Creek Cave, Mushroom Cave, and others. Be sure to wear good boots of hiking shoes for this one. This tour is approximately one mile long.

Cedar Park, TX Cedar Park, To fully appreciate the world of nature that surrounds us, you simply need to know where to look. One good source of cave related information is the Texas Cave Conservancy. They will be your host for your Cave Day visit. Join Cedar Park and the Texas Cave Conservancy for Cave Day September 17, 2005/April 15, 2006 from 10 am to 5 pm.

Cedar Park Heritage Society

Winston Churchill once said “The farther backward you can look, the farther forward you are likely to see.” Come to Cedar Park and chronicle the lives of the intriguing individuals who braved many hardships to lay down roots for successive generations. Sense the fierce determination and blazing ingenuity of a people that is still embraced by the city of Cedar Park today. See the fascinating historical sites of a city that looks to the future but forgets not its past. Hitch a ride into Texas history. Meet the illustrious characters and see what beckoned them to call this place home. Live their lives and encounter the powerful allure of the old west. Come feel it….see it….taste it. It’s all here in sensational Cedar Park!

Golf

If you are the type of person who likes to spend your time hitting golf balls Cedar Park is the right place for you. Cedar Parkis located right by two of the best golf courses in the Austin area.

Avery Ranch - Avery Ranch is a 226 acre, 7121 yard, 18-hole championship public course offering 5 tee placements that will challenge the low-handicapper while creating an enjoyable golfing experience for all levels of players. Architect, Andy Raugust, has blended panoramic vistas and gentle rolling hills with oak-lined fairways and a 60-acre lake. Avery Ranch features the best Tif Eagle greens and 419 bermuda fairways and tees in the Austin area. In fact, Avid Golfer Magazine ranks Avery Ranch #1 for Best Course Conditions, Best Clubhouse, Best Dining Area, and Best Innovative Design. Come experience Austin's Premier Daily-Fee Facility today.

Twin Creeks Country Club - Designer Lee Schmidt says of this Fred Couples Signature Course, "Playing this course will be what it would feel like if you just happened upon a golf course carved out of nature." The fairways meander down through low-lying ravines, long views of unspoiled Texas Hill Country sprawl beyond the rocky outcroppings and two creeks traverse the course enhancing the experience with stream crossings and natural water elements. The designers set out to create an exceptional golf experience for every level of player, with a delicate balance of challenge and fun created by the positioning of the holes in their natural scenic settings.

Lake Travis

Just eight miles from Cedar Park you can enjoy nature’s gift to the Hill Country the Highland Lakes. The Highland Lakes of Central Texas consist of six lakes (Lake Travis is the lake near Cedar Park) along the Colorado River starting 85 miles northwest of Austin and ending in Austin. Whether you are into hike and bike trails, fishing, boating, or just having a good time at the lake, Lake Travis is the place for you. For more information on Lake Travis click here. Cedar Park, TX Cedar Park,

Parks and Recreation

Looking to have some fun that the whole family can enjoy? Visit one of the many park’s located in the City of Cedar Park. If your visiting in the summer have the kids cool off at the water playscape (free of charge) in Bushy Creek Lake Park or chill out in the pool at Elizabeth Milburn Park (entrance fee required for pool) equipped with a huge water slide. During the fall and year around you can enjoy miles of hike and bike trails at Brushy Creek Lake Park. At Elizabeth Milburn park you can take part in the waffle ball fields, basketball courts, and climbing wall. For more information on all of the parks in Cedar Park contact the Parks and Recreation Department at (512) 258.4121 ext. 6830. Or visit their website by clicking here.

Round Rock Express

There is nothing better during the summer time then watching America’s favorite pastime. The Round Rock Express are the triple A affiliate baseball team of the Houston Astros. Watch as young baseball players compete to be called up to the Major Leagues. The Round Rock Express play at Dell Diamond one of the best Minor League Stadiums in the country. Dell Diamond is located within a few short minutes from Cedar Park. For information on purchasing tickets or for their schedule of games click here.

Shopping

If you are an avid shopper there are plenty of places for you to shop in and around Cedar Park. Take advantage of Cedar Park’s Shopping Centers featuring that priceless Cedar Park charm. We also have large retail businesses such as Toys R Us, Pier One Imports, Barnes and Noble’s, Old Navy, and Best Buy just to name a few. Cedar Park also has Lakeline Mall as our neighbor. Lakeline mall has main anchor tenants Dillard’s, Foley’s, JC Penny’s, and Sears. For a listing of all the shops located in Lakeline Mall click here.

Volente Beach Waterpark Cedar Park, TX Cedar Park,

Austin’s got a waterpark and it is only minutes from Cedar Park! Volente Beach Waterpark right off of Lake Travis contains many heart stopping water rides for kids and adults. Enjoy a day out in the sun having some fun with the whole family. For information on rides, tickets, and hours of operation click here.

• 260,000-square-foot Cedar Park Regional Medical Center, scheduled to open in February 2008 • Constructed on Whitestone Boulevard (FM 1431) between Bell Boulevard (Hwy 183) and Parmer Lane • Full-service Emergency Department • Acute-care services including women's services, obstetrics, cardiology, surgery, orthopaedics, imaging and diagnostic services, general medical and surgical services • Intensive and critical care. Cedar Park, TX Cedar Park, • Spacious lobby and reception area. • Ground breaking June 23, 2006

• 800,000-900,000 square-foot development • Northeast corner of the 183A/ 1431 intersection • Plans include several major big-box retailers • Numerous smaller shops • Multi-screen movie theater • Estimated completion: Oct 2007 • http://www.endeavor-re.com Cedar Park, TX Cedar Park,

• The Ainbinder Co. has entered into a joint venture with V-S Cedar Park Ltd. • 700,000 to 800,000 square feet of mixed-use space • Investment conservatively estimated at $115 million. • Roughly half the space will be retail, with other components including multifamily, office, restaurants and possibly hotels. • DR Horton currently developing communities at 1431 and Discovery Blvd. priced from $130’s to $200’s Cedar Park, TX Cedar Park,

• Project 183A will help relieve congestion in northern Travis and southern Williamson counties. • The toll road will run for 11.6 miles starting around Lakeline Mall and extending through Cedar Park and Leander, stopping at the San Gabriel River. • Construction began in the spring of 2005. • Anticipated to be completion in March 2007. Cedar Park, TX Cedar Park,

Go Global Properties | 3980 Howard Hughes Pkwy, Suite 550 | Las Vegas, NV 89109 | T:702.617.9861 | F:702.617.9862 | www.goglobalproperties.com Community Profile Location Demographics Major Cities Miles Age Structure Austin (Downtown) 20 San Antonio 90 Dallas 160 Fort Worth 160 Houston 185

Climate Median January Temp. 390F Median July Temp. 960F Avg. Relative Humidity 60% Avg. Annual Precipitation 34 in

Population

Households 1990 3,191 2000 8,580 Growth 1990-2000 268% 2005 13,683 Median Home Price $153,000 Home Ownership 73%

Households by Income

Service Area 2005 62,473 Growth 1990-2005 825%

Cedar Park, TX Cedar Park, County Projection (2010) 402,291

Population Percentage by Ethnicity

Income 2005 Est. Avg. Household $72,041 Est. Median Household $65,511 Est. Per Capita $24,296

Labor Expenditures Per Student 2005 $6,245 Labor Force 23,898 Employed 23,240 LISD 2006 Property Tax Rate Unemployed 658 (Per $100 valuation) Unemployment Rate 2.8% $1.75 County Labor Force 173,370 Campuses Employed 166,404 Elementary Schools 15 Unemployment Rate 5.2% Middle Schools 5 High Schools 3 Single Family Housing Starts Alternate 2 Month 2004 2005 Total 25 January 13 34 February 49 47 Area Institutions of Higher Education March 21 53 Austin Community College April 59 69 Concordia University May 39 52 Houston-Tillotson College June 44 66 LeTourneau University July 53 43 Round Rock Higher Education Center August 55 81 Southwestern University September 28 75 St. Edwards University October 34 72 University of Texas at Austin November 11 95 December 15 72 Educational Level of Workforce Total 421 759 Cedar Park, TX Cedar Park, Education

School District Leander Independent School District

Technical Training Available Yes 2005-2006 Enrollment 21,700

2005-2006 Operating Budget $134.9 Million

Media and Communications Passenger Airlines America West, American Airlines, Newspapers Continental, Delta, Frontier, Northwest, Austin American Statesman (Daily) Southwest, and United Austin Chronicle (Weekly) Hill Country News (Twice Weekly) Non-stop Service 31 Cities Radio 27 FM & AM Station in Austin Area Air Cargo Services ABX Air, Inc., Baron Aviation Service, Television Astar Air Cargo, Eagle Global Logistics, KEYE (CBS Affiliate) FedEx, Telesis Express, and UPS KLRU (PBS) KNVA (Independent) General Aviation KTBC (Fox Affiliate) Austin Bergstrom International Airport KVUE (ABC Affiliate) Georgetown Airport KXAN (NBC Affiliate) News 8 Austin (Local all News Railroad Service Channel) Trans-Global Solutions, Inc., Austin Austin Music Network Area Terminal Railroad

Internet Tax Structure Array of broadband access including fiber, cable, ISDN, T1-T3, and wireless 2005-06 Property Tax Rates Per $100 Valuation Taxing Unit Rate Transportation Williamson County 0.499657

Cedar Park, TX Cedar Park, City of Cedar Park 0.518070 Major Roadways Serving Cedar Park LISD 1.750000 U.S. Highway 183 Austin Community College 0.090000 Interstate Highway 35 (8 miles away) Total Effective Tax Rate 2.857727 Farm to Market Road 1431 Ranch to Market Road 620 Sales Tax Rate W. Parmer Lane/Ronald W. Reagan Taxing Unit Rate Highway State 6.25% Local Air Service City 1% Austin Bergstrom International Airport Economic Development (4A) .5% (30 Miles from Cedar Park) Economic Development (4B) .5% Total 8.25%

Incentives Community Features City Incentives may include tax abatements, reduction or elimination of Churches fees, and infrastructure extension. Assembly of God: 2 Baptist: 13 Cedar Park also has an Economic Catholic: 2 Development Corporation, funded Church of Christ: 2 through 4A and 4B sales tax levy, and Episcopal: 1 foreign trade zone property Lutheran: 1 designations. Methodist: 1 Mormon: 1 Utilities Nazarene: 1 Presbyterian: 2 Electric Power Supplier Jewish Synagogue: 1 Pedernales Electric Cooperative Other/Non Denominational: 14

Natural Gas Provider Libraries Atmos Gas 1 Municipal Library

Water Supplier Recreation City of Cedar Park 2 Community Pools 30 City Parks Water Plant Capacity 8 Tennis Courts 23 Million Gallons a Day 1 Senior Activity Center 8 Miles from Lakes/Camping Average Water Consumption 10 State Parks within 50 miles

Cedar Park, TX Cedar Park, 7.5 Million Gallons a Day 12 Golf Courses within 20 miles

Peak Water Consumption Annual Events 16 Million Gallons a Day Easter Eggstravaganza (March/April) Chamber of Commerce Golf Sewer System Capacity Tournaments (Spring/Fall) 5 Million Gallons a Day Business Expo (August) 4th of July Fireworks and Family Picnic Permitted Capacity Skeet Shoot (August) 5 Million Gallons a Day Christmas and Holiday Tree Lighting Santa’s Workshop Current Daily Usage 2.5 Million Gallons a Day Shopping 10 Retail/Service Strip Centers and 1.4 million square feet of regional shopping

Health Care Zoning Regulations Hospitals within 30 mile radius Yes 17 Police Department Number of Beds 71 employees 2,232 Fire Department Trauma Care Center 54 employees Yes Major Employers in Cedar Park 24 Hour Emergency Care Yes Advance Drywall Systems Advent Signs Neonatal Care Austin Wood Recycling Yes Baker Drywall BMC West Number of Physicians in Williamson Cedar Park Signs and Banners County City of Cedar Park 228 CoreSlab Structures Electronic & Metal Industries Finance e-MD’s Number of Financial Institutions with ETS Lindgren Branches in Cedar Park Flame Technologies 17 Foxworth Galbraith Freedom Power Government Services H.E.B. Grocery

Cedar Park, TX Cedar Park, Human Systems Technologies Type of Local Government Hur Industries Council/Manager Leander Independent School Districts MD Totco Number of Council Members TDK RF Solutions, Inc. One Mayor plus Six Council Members Texas Technologies TouchKO, Inc Number of City Departments Williamson County 23 Major Employers in Austin Metro Area City Employees 294 3M Corporation Abbot Technologies Planning and Zoning Commission Advanced Micro Devices Yes

Applied Materials Daughters of Charity Health Dell Computer Corporation Freescale Corporation IBM Corporation Motorola Solectron Texas The University of Texas Tivoli Systems

Contact Information

Phil Brewer Economic Development Director City of Cedar Park Department of Economic Development Toll Free: 1.866.326.6338 P: 512.401.5014 F:512.258.6083 [email protected] Cedar Park, TX Cedar Park,