State of the Industry: 2020 Where We’Ve Been, Where We Are, Where We’Re Going October 27, 2020 Table of Contents

State of the Industry: 2020 Where We’ve Been, Where We Are, Where We’re Going October 27, 2020 Table of Contents

01 Introduction and 05 Entertainment Districts Background

06 Geo-Fencing Visitation 02 Impact of COVID-19 Analysis

03 Updated Venue Database 07 ALSD International Mini- and Statistics Feature

04 Recent Renovations and New Builds

2 1 Introduction Welcome to Design and Build

§ Trying times for the Sports Facility Industry

§ More than $15 billion in Major League Sports Projects currently finishing or underway (~$8 billion this year)

§ Today : § COVID-19

§ Up to Date Database Statistics

§ New Builds/Major Renovation Profiles

§ Where are fans coming from?

§ ALSD International Mini-Feature

Conduct market, financial feasibility & impact studies on:

§ Stadiums/Arenas

§ Entertainment Districts

§ Hotels, Convention Centers

§ Mixed-Use Districts

NBA MLB NFL MLS NHL

Bubble Shortened 60-game Attempting “MLS is Back” “Hub Cities” regular season full season Tournament

§ Virtual Fans § % of Stadium Capacity § “Gameday To Go”

§ Watch Parties/Events § Touchless/Cashless § Legend Events

§ Cardboard Fans § Mobile F&B Ordering

8 Updated Venue 3 Database and Statistics What Trends are We Seeing? New MajorNew LeagueMajor League Facilities Facilities by Year and League: 1999by - 2024 Year

18 17 16 15 14 13 12 11 10 9 8 v 7 6 5 4 3 2 1 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 NBA NFL NHL MLB MLS

§ Most leagues had purpose-built venues with § Shift to renovations and new builds modern amenities by 1999. driven by location. 11 Average Cost per Facility by Year Average Cost Per Facility by Year by League: 1999 - 2024 Average cost per new $4,000,000,000 venue by league is NBA NHL MLB MLS NFL increasing. $3,500,000,000 § NFL: $2.8B

$3,000,000,000 § NHL: $1.1B § NBA: $930M $2,500,000,000 § MLB: $775M

$2,000,000,000 § v MLS: $270M

$1,500,000,000

$1,000,000,000

$500,000,000

$0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

12 Total Spending on Major League Facilities

Total Spending on Major League Arenas & Stadiums: 1999 - 2024 Average annual $9,000,000,000 spend over the last 24 years on new $8,000,000,000 venues is roughly

$7,000,000,000 $2 billion, increasing despite $6,000,000,000 fewer venues.

$5,000,000,000

$4,000,000,000

$3,000,000,000

$2,000,000,000

$1,000,000,000

$- 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 NBA NFL NHL MLB MLS

13 Major League Facilities Built by Decade

1% 3% 1% 1% 1910's 3% 3% 1920's 9% 2020’s § 14 renovations 1950's announced or 1960's 18% begun in the last 1970's 2010’s year. 1980's 31% § 90+ facilities built

1990's 1990’s from 1990-2010.

2000's 31% 2010's 2000’s

2020's

14 Longest Time Span Since Major Investment/Renovation

NFL MLB NHL MLS NBA

§ Bills Stadium - § Comerica Park - § S&P Center - § SeatGeek § Ball Arena- Buffalo Detroit San Jose Stadium - Denver Bridgeview, IL § Rogers Centre - § Nationwide § Moda Center - § Nissan Stadium (potential move Toronto Arena - to downtown) Portland - Nashville Columbus § § Oriole Park at § Dick’s Sporting American Camden Yards - § BB&T Center - Goods Park - Airlines Center Baltimore Sunrise, FL Commerce - Dallas § Tropicana Field City, CO - Tampa

15 Total Spent on Renovation (2005-Present) Total Spent on Renovation (2005-Present) $5,000,000,000 Total

$4,000,000,000 amount spent per year for $3,000,000,000 new venues and $2,000,000,000 renovations is more than $3 billion! $1,000,000,000

$0 NHL NFL NBA MLB MLS

16 Average Number of New Major League Venues Opened per Year

Average Number of New Major League Venues Opened per Year 5

4.5 • Well-located 4.2 facilities have 4 less need to be moved or 3 2.8 2.6 replaced.

2 • More value in upgrading

1 existing facilities.

0 1990's 2000's 2010's 2020's

17 Recent Renovations and 4 New Builds Five Major Leagues (2019 – 2024) MLS New Builds 2019-2024 MLS: Recent Renovations and New Builds

2019 2020 2021 2022 2023

§ Minnesota § Expansion team § New Columbus § Miami Freedom § North Carolina United FC in Nashville Crew Stadium Park Opens FC Stadium moved into new begin play at Opens Allianz Field Nissan Stadium § Austin FC to § Nashville begin play in Fairgrounds § Chicago Fire in § Expansion team their new Stadium opens negotiations to in Miami to Stadium § return to Soldier begin play at Cincinnati new Field Lockhart West End Stadium Stadium to open § Providence Park in Portland § St. Louis MLS renovation Stadium to open

20 Columbus Crew Stadium Columbus, Ohio

§ MLS Franchise: Columbus Crew § Reported Cost: $300 million § Opening Year/Season: 2021-2022

§ MLS Franchise: Austin FC § Reported Cost: $260 million § Opening Year/Season: 2021-2022

§ MLS Franchise: FC Cincinnati § Reported Cost: $250 million § Opening Year/Season: 2022

§ MLS Franchise: Nashville SC § Reported Cost: $275 million § Opening Year/Season: 2022-2023

§ MLS Franchise: St. Louis § Reported Cost: $400 million § Opening Year/Season: 2022-2023

§ MLS Franchise: Inter Miami CF § Reported Cost: $1 billion § Opening Year/Season: 2022-2023

§ MLS Franchise: North Carolina FC § Reported Cost: $2 billion § Opening Year/Season: 2023-2024

§ MLS Franchise: Portland Timbers § Reported Renovation Costs: $85 million § First Season in Renovated Facility: 2019-2020

2019 2020 2021

§ Chase Center § Bankers Life § Talking Stick Fieldhouse Resort § Wells Fargo renovation renovations Center renovation § Rocket (profiled under Mortgage NHL) renovation

31 Chase Center San Francisco, California

§ NBA Franchise: Golden State Warriors § Reported Cost: $1.4 billion § Open Date: September 2019

§ Partnerships with tech giants - Adobe, Oracle, Google Cloud, Accenture, and JPMorgan Chasse

§ Augmented-reality technology

§ On-site hotel, retail space, and office space

§ 300 spaces for valet bicycle parking

§ NBA Franchise: Cleveland Cavaliers § Reported Renovation Costs: $185 million § First Season in Renovated Facility: 2020-2021

§ NBA Franchise: Indiana Pacers § Reported Renovation Cost: $360 million § First Season in Renovated Facility: 2020-2021

§ NBA Franchise: Phoenix Suns § Reported Renovation Cost: $230 million § First Season in Renovated Facility: 2020-2021

2019 2020

§ M&T Bank § LA Rams and LA § Carolina Panthers Stadium Chargers move and Denver unveiled to new SoFi Broncos propose renovation Stadium mixed-use districts § Jacksonville § Raiders relocate Jaguars to Las Vegas and § Mercedes-Benz proposed move into new Superdome major Allegiant announces renovations Stadium renovation in preparation for hosting Super Bowl

40 SoFi Stadium Los Angeles, California

§ NFL Franchise: LA Rams / Chargers § Reported Cost: $5+ billion § Opening Year/Season: 2020-2021

§ 298 acres

§ 3.1 million Sq. Ft

§ 70,000-seats (expandable to 100,000)

§ 70,000-square foot video board

§ 260 luxury suites - more than 13,000 premium seats.

Field Level Club Field Level Club

Private & Public Private & Public Club/Suite Offerings Club/Suite Offerings

§ NFL Franchise: Las Vegas Raiders § Reported Cost: $1.9 billion § Opening Year/Season: 2020-2021

Twitch Sponsored Champions Club E-Sports Lounge

ModeloUSA Cantina Club Luxury Suites

§ NFL Franchise: New Orleans Saints § Reported Renovation Costs: $450 million § Opening Year/Season: 2020 - 2024

§ NFL Franchise: Jacksonville Jaguars § Reported Renovation Costs: ~ $500 million § Opening Year/Season: TBD

2019 2020 2021 2023

§ Wrigley Field § Globe Life Field § Coors Field § Athletics completed opens in proposed Ballpark to renovations Arlington, entertainment open in Texas district Oakland, CA § Ballpark Village in St. Louis § Dodger announced Stadium Phase 2 renovation finishes § Oracle Park announced 5- § Discussion of year capital Angels improvements Masterplan plan Development

51 Globe Life Field Arlington, Texas

§ MLB Franchise: Texas Rangers § Reported Cost: $1.2 billion § Opening Year/Season: 2020-2021

§ MLB Franchise: Oakland Athletics § Reported Cost: $500 million + § Opening Year/Season: 2023-2024

2019 2021 2024

§ Capital One § Climate § New Calgary Arena in Pledge Arena Flames arena Washington in Seattle set in Calgary, AB D.C. finishes to open expected to renovations open § New York Islanders to § Honda Center move into new & Angel Belmont Park Stadium in Arena Anaheim entertainment district to break ground

55 Belmont Park Elmont, New York

§ NHL Franchise: New York Islanders § Reported Cost: $1.18 billion § Opening Year/Season: 2021-2022

§ NHL Franchise: Seattle Kraken § Reported Rebuild Costs: ~$1 billion § Opening Year / Season: 2021-2022

§ Carbon Neutral

§ 100% free of single-use plastics by 2024

§ “Rainwater to Ice”

§ Zero Waste

§ NHL Franchise: Philadelphia Flyers & 76ers (NBA) § Reported Renovation Costs: $250 million § Opening Year/Season: 2019-2020

hundenpartners.com | © 2020 HSP 60 5 Entertainment Districts Enhancing Pre- and Post-Event Spending Major League Facilities are Evolving to Create Experiences Entertainment Districts Around the Leagues

League Dedicated Venue Built in Existing District Total Gap

NFL 30% 23% 53% 47%

MLS 21% 33% 54% 46%

NHL 37% 43% 80% 20%

NBA 28% 55% 83% 17%

MLB 37% 47% 84% 16%

Average 30% 41% 71% 29%

§ NFL Franchise: Green Bay Packers § Reported Cost: $140 million § Opening Year / Season: 2016-2017

§ MLB Franchise: Atlanta Braves § Reported Cost: $400 million § Opening Year/Season: 2017-2018

§ MLB Franchise: St Louis Cardinals § Reported Cost: $260 million § Opening Year/Season: 2020

§ NHL Franchise: Edmonton Oilers § Reported Cost: $2.5 billion § Opening Year/Season: 2019-2020

Pawtucket, Rhode Island Colorado Springs, Colorado

Visitation Analysis - Market Size - MLB

Team Market Ballpark Market Population Rank New York Yankees New York Yankee Stadium 22,589,036 1 New York Mets New York Citi Field 22,589,036 1 Los Angeles Dodgers Los Angeles Dodger Stadium 18,711,436 3 Los Angeles Angels Los Angeles Angel Stadium 18,711,436 3 Chicago Cubs Chicago Wrigley Field 9,825,325 5 Chicago White Sox Chicago Guaranteed Rate Field 9,825,325 5 San Francisco Giants San Francisco & Bay Area Oracle Park 9,665,887 7 Oakland Athletics San Francisco & Bay Area Oakland Coliseum 9,665,887 7 Toronto Blue Jays Toronto Rogers Centre 9,245,438 9 Boston Red Sox Boston Fenway Park 8,278,710 10

Tampa Bay Rays Tampa-Saint Petersburg Tropicana Field 3,194,831 26 Milwaukee Brewers Milwaukee Miller Park 3,159,370 27 Saint Louis Cardinals Saint Louis Busch Stadium 2,907,648 28 Kansas City Royals Kansas City Kauffman Stadium 2,733,120 29 Pittsburgh Pirates Pittsburgh PNC Park 2,603,259 30

Source: HSP

Visitation Analysis - Total Attendance from Over 100 Miles - MLB

Total Attendance from Team Market Ballpark Over 100 Miles Rank St. Louis Cardinals St. Louis Busch Stadium 1,131,476 1 Chicago Cubs Chicago Wrigley Field 1,081,965 2 Boston Red Sox Boston Fenway Park 1,032,978 3 Atlanta Braves Atlanta Truist Park 992,409 4 New York Yankees New York Yankee Stadium 918,624 5 Colorado Rockies Denver Coors Field 650,353 6 Los Angeles Dodgers Los Angeles Dodger Stadium 588,547 7 San Francisco Giants San Francisco/Bay Area Oracle Park 678,565 8 San Diego Padres San Diego Petco Park 512,315 9 Texas Rangers Dallas/Ft. Worth Globe Life Field 435,612 10

Tampa Bay Rays Tampa-Saint Petersburg Topicana Field 297,513 26 Detroit Tigers Detroit Comerica Park 291,728 27 Oakland Athletics Oakland/Bay Area Oakland Coliseum 283,739 28 Chicago White Sox Chicago Guaranteed Rate Field 253,734 29 Miami Marlins Miami Marlins Park 178,000 30

Source: HSP

Visitation Analysis - Percent of Total Attendance from Over 100 Miles - MLB

Percent of Total Attendance from Over Team Market Ballpark 100 Miles Rank Atlanta Braves Atlanta Truist Park 37.4% 1 Boston Red Sox Boston Fenway Park 35.3% 2 Chicago Cubs Chicago Wrigley Field 35.0% 3 St. Louis Cardinals St. Louis Busch Stadium 32.5% 4 Texas Rangers Dallas/Ft. Worth Globe Life Field 30.5% 5 Kansas City Royals Kansas City Kauffman Stadium 29.4% 6 Seattle Mariners Seattle T-Mobile Park 28.6% 7 Baltimore Orioles Baltimore Oriole Park at Camden Yards 28.4% 8 New York Yankees New York Yankee Stadium 27.8% 9 Arizona Diamondbacks Phoenix Chase Field 27.6% 10

Oakland Athletics Oakland/Bay Area Oakland Coliseum 17.1% 26 Chicago White Sox Chicago Guaranteed Rate Field 15.6% 27 New York Mets New York Citi Field 15.0% 28 Los Angeles Angels Los Angeles Angel Stadium 14.5% 29 Philadelphia Phillies Philadelphia Citizens Bank Park 11.4% 30

Source: HSP

Visitation Analysis - Total Attendance from Over 100 Miles as a percent of Market Size - MLB

Attendance from Over 100 Miles as a % of Team Market Ballpark Market Size Rank St. Louis Cardinals St. Louis Busch Stadium 38.9% 1 San Diego Padres San Diego Petco Park 19.8% 2 Milwaukee Brewers Milwaukee Miller Park 18.8% 3 Colorado Rockies Denver Coors Field 17.5% 4 Kansas City Royals Kansas City Kauffman Stadium 15.9% 5 Pittsburgh Pirates Pittsburgh PNC Park 15.7% 6 Minnesota Twins Minneapolis Target Field 15.0% 7 Cincinnati Reds Cincinnati Great American Ballpark 14.6% 8 Atlanta Braves Atlanta Truist Park 14.5% 9 Boston Red Sox Boston Fenway Park 12.5% 10

Oakland Athletics Oakland/Bay Area Oakland Coliseum 2.9% 26 Miami Marlins Miami Marlins Park 2.6% 27 Chicago White Sox Chicago Guaranteed Rate Field 2.6% 28 Los Angeles Angels Los Angeles Angel Stadium 2.3% 29 New York Mets New York Citi Field 1.6% 30

Source: HSP

Visitation Analysis - Market Size - NFL

Team Market Stadium Market Population Rank New York Giants New York MetLife Stadium 22,589,036 1 New York Jets New York MetLife Stadium 22,589,036 1 Los Angeles Rams Los Angeles SoFi Stadium 18,711,436 3 Los Angeles Chargers Los Angeles SoFi Stadium 18,711,436 3 Chicago Bears Chicago Soldier Field 9,825,325 5 San Francisco 49ers San Francisco & Bay Area Levi's Stadium 9,665,887 6 New England Patriots Boston Gillette Stadium 8,287,710 7 Dallas Cowboys Dallas/Fort Worth AT&T Stadium 8,057,796 8 Philadelphia Eagles Philadelphia Lincoln Financial Field 8,053,672 9 Houston Texans Houston NRG Stadium 7,253,193 10

Pittsburgh Steelers Pittsburgh Heinz Field 2,654,525 28 Buffalo Bills Buffalo Bills Stadium 2,365,040 29 Tennessee Titans Nashville Nissan Stadium 2,241,787 30 Jacksonville Jaguars Jacksonville TIAA Bank Field 1,807,480 31 Green Bay Packers Green Bay Lambeau Field 1,076,059 32

Source: HSP

Visitation Analysis - Total Attendance from Over 100 Miles - NFL

Total Attendance from Team Market Stadium Over 100 Miles Rank Dallas Cowboys Dallas/Fort Worth AT&T Stadium 413,168 1 Green Bay Packers Green Bay Lambeau Field 289,880 2 Kansas City Chiefs Kansas City Arrowhead Stadium 234,560 3 Minnesota Vikings Minneapolis-Saint Paul U.S. Bank Stadium 208,142 4 Tennessee Titans Nashville Nissan Stadium 194,224 5 New Orleans Saints New Orleans Mercedes-Benz Superdome 175,885 6 Pittsburgh Steelers Pittsburgh Heinz Field 170,671 7 San Francisco 49ers San Francisco/Bay Area Levi's Stadium 164,402 8 Washington Football Team D.C. FedExField 160,368 9 Carolina Panthers Charlotte Bank of America Stadium 159,880 10

Houston Texans Houston NRG Stadium 89,900 28 New York Giants New York MetLife Stadium 82,727 29 New York Jets New York MetLife Stadium 82,229 30 Baltimore Ravens Baltimore M&T Bank Stadium 73,622 31 Philadelphia Eagles Philadelphia Lincoln Financial Field 71,458 32

Source: HSP

Visitation Analysis - Percent of Total Attendance from Over 100 Miles - NFL

Percent of Total Attendance from Over Team Market Stadium 100 Miles Rank Dallas Cowboys Dallas/Fort Worth AT&T Stadium 56.4% 1 Green Bay Packers Green Bay Lambeau Field 46.4% 2 Kansas City Chiefs Kansas City Arrowhead Stadium 39.9% 3 Minnesota Vikings Minneapolis-Saint Paul U.S. Bank Stadium 38.9% 4 Tennessee Titans Nashville Nissan Stadium 37.0% 5 Pittsburgh Steelers Pittsburgh Heinz Field 34.2% 6 Washington Football Team D.C. FedExField 30.6% 7 New Orleans Saints New Orleans Mercedes-Benz Superdome 30.1% 8 San Francisco 49ers San Francisco/Bay Area Levi's Stadium 29.2% 9 Arizona Cardinals Phoenix State Farm Stadium 27.8% 10

Houston Texans Houston NRG Stadium 15.7% 28 New York Giants New York MetLife Stadium 13.4% 29 New York Jets New York MetLife Stadium 13.1% 30 Baltimore Ravens Baltimore M&T Bank Stadium 13.0% 31 Philadelphia Eagles Philadelphia Lincoln Financial Field 12.8% 32

Source: HSP

Visitation Analysis - Total Attendance from Over 100 Miles as a percent of Market Size - NFL

Attendance from Over 100 Miles as a % of Team Market Stadium Market Size Rank Green Bay Packers Green Bay Lambeau Field 27.9% 1 Tennessee Titans Nashville Nissan Stadium 8.6% 2 Kansas City Chiefs Kansas City Arrowhead Stadium 7.3% 3 Jacksonville Jaguars Jacksonville TIAA Bank Field 6.4% 4 Pittsburgh Steelers Pittsburgh Heinz Field 6.5% 5 New Orleans Saints New Orleans Mercedes-Benz Superdome 6.3% 6 Dallas Cowboys Dallas/Fort Worth AT&T Stadium 5.1% 7 Buffalo Bills Buffalo Bills Stadium 5.0% 8 Minnesota Vikings Minneapolis-Saint Paul U.S. Bank Stadium 5.0% 9 Carolina Panthers Charlotte Bank of America Stadium 4.6% 10

New England Patriots Boston Gillette Stadium 1.1% 28 Chicago Bears Chicago Soldier Field 1.0% 29 Philadelphia Eagles Philadelphia Lincoln Financial Field 0.9% 30 New York Giants New York M&T Bank Stadium 0.4% 31 New York Jets New York Lincoln Financial Field 0.4% 32

Source: HSP

30 § Shift from 27 upgrading 25 existing facilities 23 24 to building new 21 facilities in the 18 last two decades. 15

12 11 11 11 • HSP projects 10 9 more than 30 9 8 8 new major 6 4 4 4 builds in the 3 3 3 2020’s.

0 Pre-1900's 1910's 1930's 1950's 1970's 1990's 2010's

86 Total Spending on International Venues: 1990-2023

€ 2,500,000,000 Spending on new international venues is € 2,000,000,000 Circuit of the Americas increasing. Optus Stadium AC/Inter Milan Average Cost Per London Stadium € 1,500,000,000 League (most National Stadium Green Point & Aviva Tottenham recent 3 facilities): Wembley § Football: €715m € 1,000,000,000 § Rugby: €500m § F1: €300m € 500,000,000 § Cricket: €115m

€ 0 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 2021 2023 Football Cricket Rugby Formula 1 87 Average Cost per Facility by Year by Sport: 1999-2023

€ 1,600,000,000 Football Rugby Formula 1 Cricket € 1,400,000,000

€ 1,200,000,000 Average annual € 1,000,000,000 spend over the last

€ 800,000,000 24 years on new venues is roughly € 600,000,000 €750 million.

€ 400,000,000

€ 200,000,000

€ 0 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 2021 2023

88 International Facilities Built by Decade Pre 1900’s-2020’s

1900's, 3% 2020's, 8% Pre-1900's, 8% 1910's, 3% § Pre-1900 venues are still in use, but 2010's, 19% 1920's, 8% nearly all have rebuilt significant 1930's, 8% proportions. § 54 of the 134 2000's, 17% 1940's, 2% major venues 1950's, 6% profiled were built

1990's, 1970's, after 2000. 6% 7% 1960's, 3%

1980's, 2%

89 New International Facilities by Year and League: 1999-2023 § Rugby and F1 7 new builds

6 projected to slow down. 5 § Football new 4 builds are staying consistent and are 3 continuing to 2 drive the market.

1 § New cricket stadiums on 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 horizon.

Formula 1 Rugby Cricket Football

90 Facilities in Need of Major Investment/Renovation Facilities Built by Decade & Portion Renovated in last 10 Years 30 A large percentage of

25 stadiums built before 1970 are 20 in need of major investment 15 and/or renovation. 10

0 Pre-1900's 1910's 1930's 1950's 1970's 1990's 2010's Renovated Last 10 Years No Renovation Last 10 Years

91 Total Spent on Renovations Since 2004 Total Spent on Renovation (2004-Present)

€ 3,000,000,000 § Football is still dominating the international € 2,500,000,000 sports market through € 2,000,000,000 renovation investments. € 1,500,000,000 § Renovations and redevelopments € 1,000,000,000 are being used to preserve historic stadiums and € 500,000,000 locations.

€ 0 Football Cricke t Rugby Formula 1

92 8 One More Thing Mini-Feature United We Stand J Gratitude will Smash Our Challenges!

94 95 Hunden Strategic Partners is a full-service real estate development advisory practice specializing in destination assets.

With professionals in Chicago, San Diego, Indianapolis and Minneapolis, HSP provides a variety of services for all stages of destination development in:

- Real Estate Market & Financial Feasibility - Economic, Fiscal & Employment Impact Analysis (Cost/Benefit) - Organizational Development

CLICK HERE TO DOWNLOAD THE 2020 ALSD SOTI - Public Incentive Analysis - Economic and Tourism Policy/Legislation Consulting For further information about Hunden Strategic Partners, please contact: - Research & Statistical Analysis

Hunden Strategic Partners - Developer Solicitation & Selection 213 W. Institute Place, Suite 707 Chicago, Illinois 60610 312.643.2500 The firm and its principal have performed more than 750 studies www.hundenpartners.com over the past 20 years, with more than $5.5 billion in built, successful projects.

95 Thank You Have a great conference!