ELLISTON 23 LUXURY APARTMENTS + RETAIL LUXURY APARTMENTS + RETAIL

E23 Nashville’s Premiere Mixed-Use Community 2300 Elliston Place | Nashville, Tennessee 37203 | www.elliston23.com

A Southern Land Company Community | www.southernland.com Elliston 23 Elliston 23, also known as E23, is a distinct development opportunity in the heart of Nashville’s West End entertainment and business district. The proposed 6-story, 331-unit building will address a significant absence of upscale, for-rent housing in this prime location. E23 OVERVIEW

Look and Feel E23 will combine classic, urban architecture with modern interior styling and convenience. Amenities include a saltwater pool, spa, and a 16,000 SF courtyard. The units will have all the finishes of a high-end condo. Specifics include: granite countertops, side by side refrigerators, high quality wood cabinets, washer and dryers, faux wood-plank flooring, and tile showers. retail opportunity The retail portion of E23 will consist of approximately 16,000 SF spanning Elliston Place from the existing Hampton Inn to 23rd Avenue. Specific opportunities include two end-cap restaurant locations, that will frame approximately five retail units. Parking for the retail will be served by the 1st level of the planned parking garage, as well as, existing on-street parking.

Located within a 5-mile radius:

• Four major hospitals (Centennial, Vanderbilt, St. Thomas, and Baptist) (approximately 30,000 employees) • Vanderbilt University (6,900 Under Graduates, 5,900 Graduates and 22,000 employees) • Caterpillar Financial’s corporate headquarters • HCA’s corporate headquarters (6,750 employees) • Downtown Central Business District (12.1 million SF of office) • Music Row and the Gulch (1st LEED certified neighborhood in South - mixed-use urban development in downtown Nashville) • Dozens of restaurants (both upscale and Nashville-mainstay) • Several performance venues (including the famed Exit/In, Bridgestone Arena and Ryman Auditorium) • Adjacent to Centennial Park and Sports Complex • 2525 West End (a successful 500,000 SF business and retail development including a 14 story office tower and Borders, PF Chang’s and Fleming’s Steak House)

• Interstate access to I-65, I-40, I-440 and I-24 SUITE 90 SUITE 80

SUITE 70 MANAGEMENT

OFFICE / FITNESS SUITE 60 SUITE 30 SUITE 50

SUITE 40

SUITE 20

SUITE 10 E23 OVERVIEW

E23 g ro un db rea ki n g _b o a rd3 .i n dd 1 8/23/1 3:4 9PM 2011 population One Mile Radius Three Mile Radius 2011 Population (est.) 14,287 101,330 2014 Population (est.) 14,504 103,531 Growth 2000-2011 0.38% 0.35% Growth 2011-2014 0.3% 0.43% Source: STDBOnline

2011 households One Mile Radius Three Mile Radius 2011 Households (est.) 4,726 42,483 2014 Households (est.) 4,914 43,896 Growth 2000-2011 0.66% 0.58% Growth 2011-2014 0.78% 0.66% Source: STDBOnline

2011 income One Mile Radius Three Mile Radius 2011 Average HH Income (est.) $41,488 $61,362 2011 Median HH Income (est.) $27,397 $38,080 Source: STDBOnline

2011 employment One Mile Radius Three Mile Radius 2011 Total Businesses 3,221 10,186 2011 Total Employees 105,193 217,044

Source: STDBOnline

2011 education • 20.9 percent had a Bachelor's degree (17.0 percent in the U.S.) • 13.9 percent had earned a Master's/Professional/Doctorate Degree (9.8 percent in the U.S.)

Source: STDBOnline MARKET

Fall 2010 University Enrollment Nashville’s 25 largest employers

Belmont University Vanderbilt University 20,928 Total Undergraduates: 4,603 State of Tennessee 20,000 Total Graduate Students: 1,293 U.S. Government 11,496 Fall 2010 Enrollment: 5,896 Metro Nashville/Davidson Co. Public Schools 10,653 Metro Gov’t Nashville/Davidson Co. 9,509 Vanderbilt University Saint Thomas Health Services 7,200 Total Undergraduates: 6,794 Nissan North America 6,750 Total Graduate Students: 5,920 Hospital Corporation of America (HCA) 6,750 Fall 2010 Enrollment: 12,714 Wal‐Mart Stores, Inc. 4,500 Gaylord Entertainment 4,500 Lipscomb University CBRL Group Inc. 4,189 Total Undergraduates: 2,644 Sumner Co. Gov’t and Public Schools 3,900 Total Graduate Students: 1,098 Williamson County Gov’t and Public Schools 3,876 Fall 2010 Enrollment: 3,742 Rutherford Co. Board of Education & Gov’t 3,274 Dell, Inc. 3,600 Source: Cushman & Wakefield Alliance Shoney’s Restaurant Co. 3,000 Ranstad Work Solutions 2,975 The Kroger Co. 2,640 AT&T 2,547 Dept. of Veterans Affairs 2,400 West End Submarket office space Ingram Industries 2,400 UPS 2,241 3,562,210 sqft of office space Asurion 2,200 $22.16 avg asking rate Middle Tennessee State University 2,178 5.0% overall vacancy rate Verizon Wireless 2,100

Source: Cornerstone Commercial Real Estate Services, Nashville Office Report 3Q10 • 20.9 percent had a Bachelor's degree (17.0 percent in the U.S.) Source: Cushman & Wakefield Alliance • 13.9 percent had earned a Master's/Professional/Doctorate Degree (9.8 percent in the U.S.) HCA Corporate Headquarters Baptist 6,750 employees Hospital Medical / Office Centennial 3,400 employees Hospital 3,500 employees

Centennial Elliston Place Sportsplex Midtown CAT Financial

Hampton Inn Centennial Park West End Avenue

Rotier’s Vanderbilt University 22,000 employees 12,000 students

2525 West End 500,000 SF officespace 21st Ave South

University School of Nashville

VU Medical Center LOCATION

LP Field State Capital Cumberland River (Titans)

Second Avenue

Central Business Public District Library

Charlotte Pike Bridgestone Arena (Predators) Church Street Convention Center (2012)

Broadway Baptist Centennial Hospital Elliston Place Hospital Demonbreun

Gulch ASCAP West End Avenue Sony BMI Music I-265 loop Midtown Music Row Centennial Park Vanderbilt Cumberland University Science Museum

I-65 Franklin Road / 8th Ave South Ave 8th / Road Franklin 21st Ave South 12th Ave South Greer Stadium VU Medical Edgehill Village Center

ABOUT SLC

Southern Land Company is a full-service development company headquartered in Nashville, Tennessee. Its internal disciplines include architecture, landscape architecture, design and engineering, homebuilding, commercial construction, retail leasing, and marketing and sales. For more information about Southern Land, visit www.southernland.com

Southern Land and Retail Partnerships Southern Land offers partnership opportunities for its retail tenants. Though our Creative and Communications studio, retailers can utilize a full scope of marketing services, including public relations, signage, collateral and web design and production, event planning and management, and creative publicity initiatives. 1550 West McEwen Drive, Suite 200 Franklin, Tennessee 37067 615.778.3150 | www.southernland.com

Nashville | Dallas

Community Development Residential Development Commercial/Retail Development General Contracting Architecture/Engineering Property Management