SUSTAINABILITY Our Team will utilize sustainable design strategies to reduce energy consumption, reduce the use of fossil fuels, reduce water consumption and improve storm water management. Sustainable Sites The project will encourage the use of public mass transportation systems and include bike racks, interior secure bike storage facilities and preferred parking for low-emitting vehicles. A light colored roof will reduce the heat island effect and shielded light fixtures will reduce light pollution. Water Efficiency No potable water will be used for irrigation. Dual flush toilets, low flow lavatory fixtures and shower heads will reduce water use by over 30%. Energy and Atmosphere The buildings will use much less energy than typical structures and will utilize enhanced refrigerant management to reduce ozone depletion. Materials and Resources Our goal will be to have over 95% of construction waste recycled or salvaged, over 20% of all materials will include recycled content, and over 20% of all materials will be sourced regionally. Indoor Environmental Quality Low-emitting materials including sealants, adhesives, paints, coatings, flooring systems and composite wood products will reduce off-gassing. Controllability of lighting and thermal comfort will enhance student control over their indoor environment. Daylight views will allow natural lighting to supplement the high efficiency lighting systems. Innovation and Design Exemplary efforts will enhance construction waste management, views, and open space provisions while a Green Education Program will enhance sustainability awareness. Special consideration will be utilized for critical regional issues identified by the USGBC including sustainable site development and indoor environmental quality. CA VENTURES/ACQUEST REALTY ADVISORS/HUGHES PROPERTIES | OFFERING MEMORANDUM FOR THE CITY OF ANN ARBOR 34 SUMMARY TOTAL SF 240,323 Floor Elevation Hotel SF Apartment SF Hotel Service SF Retail SF Public Space SF Total SF Shaft and Stairs SF FAR Area Penthouse 170.0' 15th 159.0' 14,053 14,053 550 13,503 14th 148.0' 14,053 14,053 550 13,503 13th 137.0' 14,053 14,053 550 13,503 12th 126.0' 14,053 14,053 550 13,503 11th 115.0' 14,053 14,053 550 13,503 10th 104.0' 14,053 14,053 550 13,503 9th 93.0' 14,053 14,053 550 13,503 8th 82.0' 14,053 14,053 550 13,503 7th 71.0' 14,053 14,053 550 13,503 6th 60.0' 12,510 12,510 550 11,960 5th 49.0' 20,685 560 21,245 911 20,334 4th 38.0' 21,003 560 21,563 911 20,652 3rd 27.0' 21,003 560 21,563 911 20,652 2nd 16.0' 13,714 560 6,534 967 298 22,073 1,058 21,015 1st 0.0' 8,053 1,832 2,659 1545 803 14,892 1,361 13,531 Total 96,968 130,549 9,193 2,512 1101 240,323 10,652 229,671 Maximum Allowable Floor Area Ratio (FAR) by Right (400%) (67,954 SF x 4.00) = 271,816 Site Area including Library Lane From Offering Memorandum 67,954 SF Proposed Floor Area Ratio (FAR) (229,671 SF FAR / 67,954 SF Site Area) x 100 = 338% Roof Terrace SF 9,564 Urban Plaza - Grade Level Library Lot SF 7,284 Urban Plaza - Elevated/Mezzanine Plaza SF 3,218 Urban Plaza - 5th Avenue Sidewalk 2,521 Urban Plaza - Library Lane 7,250 Total Urban Plaza SF = (7,284 + 3,218 + 2,521 + 7,250) 20,273 UNITS Floor Hotel King Hotel Dbl Queen Hotel Suite Apartment 1/1 Apartment 2/2 Apartment 3/2 Total Hotels Total Apt. Total Hotel Beds Total Apt Beds 15th 6 4 1 11 14th 6 4 1 11 13th 6 4 1 11 12th 6 4 1 11 11th 6 4 1 11 10th 6 4 1 11 9th 6 4 1 11 8th 6 4 1 11 7th 6 4 1 11 6th 11 4 4 19 5th 19 16 2 37 4th 19 16 2 37 3rd 19 16 2 37 2nd 4 9 0 13 1st Total 72 61 10 54 36 9 143 99 207 153 CA VENTURES/ACQUEST REALTY ADVISORS/HUGHES PROPERTIES | OFFERING MEMORANDUM FOR THE CITY OF ANN ARBOR 35 DEVELOPER / DEVELOPMENT TEAM 3QUALIFICATIONS 3 DEVELOPER / DEVELOPMENT TEAM QUALIFICATIONS ORGANIZATIONAL CHART CITY OF ANN ARBOR RESIDENTIAL RESIDENTIAL HOTEL DEVELOPER DEVELOPER ACQUEST REALTY ADVISORS MASTER DEVELOPER / MARKETING HUGHES PROPERTIES DAVID ONG MANAGER TBD RONALD L. HUGHES Finance CA VENTURES CEO THOMAS M. SCOTT DOUGLAS T. SMITH CEO SEAN T. HAVERA Project Manager Owner's Representative JOHN J. (JJ) SMITH JOAN CLELAND COO PATRICIA M. FIX, CPA Project Manager HOTEL MANAGEMENT Finance TBD PROJECT ARCHITECT HOTEL ARCHITECT NEUMANN/SMITH ARCHITECTURE JOEL SMITH, AIA RABUN ARCHITECTS PLAZA DESIGNER & Project Executive JOSEPH E. RABUN, AIA PROGRAMMER President/Principal PROJECT FOR PUBLIC SPACES SCOTT BONNEY, AIA, LEED AP BD+C ELENA MADISON Project Designer RICHARD ELLISON Urban Planner / Project Management PRINCIPAL JOHN McGARRY ALESSANDRA GALLETTI Project Designer Design & Landscape Architect CONTRACTOR STRUCTURAL TBD FOUNDATION CONSULTANT CARL WALKER MICHAEL ORTLIEB, PE Principal-in-Charge JOSH ROZEBOOM, PE Project Manager GAILIUS VASONIS, PE Sr. Structural Engineer CA VENTURES/ACQUEST REALTY ADVISORS/HUGHES PROPERTIES | OFFERING MEMORANDUM FOR THE CITY OF ANN ARBOR 37 MASTER DEVELOPER / MANAGER 3 DEVELOPER / DEVELOPMENT TEAM QUALIFICATIONS ORGANIZATIONAL STRUCTURE themselves upon intrinsic needs and wants of a particular market. CA Office’s team possesses more than 100+ years combined experience, and a proven Legal Name: CA Ventures, LLC* track record of creating value for investors, partners, and clients alike. CA Office presently owns over seven million square feet of office properties in seven cities - Chicago, Nashville, Minneapolis, Kansas City, Raleigh-Durham, Principals: Thomas M. Scott St. Louis and Ft. Lauderdale. John J. Smith CA Residential – CA Residential invests, acquires, develops, redevelops, and *Clark Street Holdings LLC, which is wholly owned by Tom Scott and is manages premier apartment communities in desirable, high-barrier-to-entry an affiliated entity of CA Ventures LLC, is expected to enter into formal urban markets in underserved niche markets nationwide. Leveraging its long- agreements with the City relating to the Library Plaza project. term relationships with renowned partners, lenders, architects, consultants, contractors, and neighborhood and government agencies. CA Residential HISTORY OF FIRM creates a standard of living unlike any other. Great care is taken to develop Founded in 2004, CA Ventures is a real estate investment holding company residential communities of the highest quality design, building materials, based in Chicago, IL, with over 250 employees. While initially focused on construction, and amenities in the most desirable urban locations. Our student housing, CA Ventures’ service offering expanded quickly in response discerning residents benefit from the latest in fine living, while our investors to client requirements and currently includes investment and acquisition yield above market returns from the CA Residential team’s vast knowledge support, development and renovation, equity and debt sourcing, and asset and extensive experience. Representative residential projects include Arkadia management services in multi-family residential, office, hospitality, and Tower and State & Huron, both in Chicago, along with 212 S Meramec in senior living. Clayton, MO. CA Ventures serves as the holding company for the CA family of companies, CA Senior Living – Recognizing the growing, aging population and limited including CA Student Living, CA Office / Vanderbilt Partners, CA Residential, quality senior living options, CA Senior Living was established to invest CA Senior Living, CA Hospitality and CA Asset Services. and develop premier senior assisted living and memory care communities in select urban and suburban markets across the United States. CA Senior CA Student Living – CA Student Living is a premiere investor, developer, Living professionals specialize in understanding and delivering affordable and manager of student housing assets in North American markets. CA luxury communities in desirable locations with easy access to shopping, Student Living’s meticulous market analysis, focused strategy, knowledge of medical facilities, and residential neighborhoods. The communities are university environments, and student needs ensure optimal investor returns. designed so seniors can live independently, receive quality personal care, What differentiates CA Living is its ability to seek out sound investment enjoy community social activities, and live with dignity in their senior years. opportunities and maximize its value over time through superb property The communities target the private pay market and do not require an entry management, marketing and leasing strategies. As a result, students and fee, endowment or purchase for occupancy. CA Senior Living leverages CA’s universities realize the best in university living, while investors realize above robust, core infrastructure and knowledge to strategically invest, develop market returns on their investments. Recent representative Student Living and asset manage the assisted living and memory care communities. Each projects include the University of Tennessee (Evolve); University of Arizona facility is managed on site by a best in class third-party Operator who is solely (Next); University of Oregon (Uncommon). focused on creating the most desirable environment for our residents and their families. Initial target areas are in the Midwest, Rocky Mountain, and CA Office / Vanderbilt Partners – Our strategy focuses on high-quality Southwest regions of the United States. acquisitions in dynamic, top-tier secondary markets throughout the U.S. — where rising demographic and/or economic trends, in combination with CA Hospitality – CA Hospitality pursues hotels that are attractively priced in limited new construction, yield considerable upside potential. CA Office strategic locations that represent potential for increased cash flow through carefully targets metropolitan areas that meet a select set of criteria, such as improved asset and property management, enhanced renovation programs, office employment growth, a pro-business environment, abundant amenities and strategic market positioning. CA Hospitality's strategic vision is to with access to the CBD and/or key suburban submarkets, and within provide a higher standard of real estate that benefits the local community, proximity to education/research centers.