Westin Dallas Downtown Hotel Downtown Dallas One Main Place Building

WESTIN DALLAS DOWNTOWN HOTEL DOWNTOWN DALLAS ONE MAIN PLACE BUILDING

• 33-Story with 4 basement levels

• 2.43 Acre site with entrances on Main Street and Elm

• 1,006,000 SF, not including 600 car parking garage.

• 20,000 SF sunken landscaped plaza next to 65,000 SF of Retail tied to the city’s underground tunnel system. TYPICAL EXISTING FLOOR PLAN WESTIN DOWNTOWN DALLAS DOWNTOWN HOTEL BOOM

• Surging economic growth

• Increased leisure travel

• Increased occupancy levels

• RevPar increase

• Previously undersupplied

• Evolving to a true Live-Work-Play neighborhood BUILDING ACQUISITION ROSEWOOD CRESCENT DOWNTOWN LUXURY HOTELS HOTEL ZAZA

RITZ CARLTON

W HOTEL

FAIRMONT

LUXURY COMPETITIVE SET HOTEL LOCATION # OF ROOMS Fairmont Dallas CDB 545 HOMEWOOD SUITES HOTEL INDIGO CROWN PLAZA The Joule CDB 160 THE JOULE Rosewood Hotel Crescent Court Uptown 220 THE MAGNOLIA Hotel Zaza Uptown 167 THE ADOLPHUS Ritz Carlton Dallas Uptown 218 W Hotel Dallas Victory Uptown 252

aloft UPSCALE & UPPER UPSCALE COMPETITIVE SET HOTEL LOCATION # OF ROOMS Crowne Plaza Dallas Downtown CDB 293 The Adolphus Hotel CDB 422 Hotel Indigo Dallas Downtown CDB 170 The Magnolia Hotel Dallas CDB 329 aloft Hotel Dallas Downtown CDB 193 Homewood Suites Dallas Downtown CDB 130 PROJECT FINANCING

% OF TOTAL PROJECT COST % OF TOTAL % OF COST % OF COST FUNDED PROJECT COST HTC ELIGIBLE THROUGH HTC’S HARD COST/ CONSTRUCTION CONTRACT 44 % 88 % 88 % FF&E/ EQUIPMENT 10 % 14 % 14 % PROFESSIONAL FEES 21 % 76 % 76 % LAND & BUILDING PURCHASE 24 % 0 % 0 % TOTAL PROJECT 57% 57%

TOTAL PROJECT COST 25% STATE & 24% HARD COST/ CONSTRUCTION CONTRACT FEDERAL TAX CREDITS 44% FF&E/ EQUIPMENT RECOURSE PROFESSIONAL FEES 12% DEBT W/ DEVELOPER’S LOCAL BANK LAND & BUILDING PURCHASE 21% CASH EQUITY

10%

LAND & BUILDING PURCHASE % COST FUNDED THROUGH HTC’S % COST HTC ELIGIBLE

PROFESSIONAL FEES

FF&E/ EQUIPMENT

HARD COST/CONSTRUCTION CONTRACT

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% WESTIN DOWNTOWN DALLAS “This is part of the main banking ﬂ oor of Texas Bank & Trust Co. at One Main Place. In the foreground are round check writing desks, eight feet in diameter. These were assembled and installed by Adleta Show Case & Fixture Mfg. Co. of Dallas, who also installed ﬁ xtures and architectural woodwork through the bank’s new quarters.” WESTIN DOWNTOWN DALLAS PORTE COCHERE MAIN LOBBY PLAN

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9'56+0&#..#5&1906190*16'. /CKP5VTGGV&CNNCU6Z WESTIN DOWNTOWN DALLAS REGISTRATION WESTIN DOWNTOWN DALLAS BAR WESTIN DOWNTOWN DALLAS LIBRARY WESTIN DOWNTOWN DALLAS BALLROOM WESTIN DOWNTOWN DALLAS POOL