RESTAURANTS, OFFICE, RESIDENTIAL, HOTELS THERETAIL DISTRICT RETAIL PAGE 1 DETROIT ON THE RISE

The District Detroit will be 50 blocks of thriving businesses, parks, restaurants, bars and event destinations. It will be home to the young and the young at heart, families, new residents and long-time residents who want to be where the action is.

A network of five, mixed-use neighborhoods, featuring retail, restaurants, office, residential, and hotels will be anchored by world-class venues, whose one-of-a-kind energy is the catalyst for the uniquely vibrant character of each neighborhood.

THE DISTRICT DETROIT RETAIL PAGE 2 2000 1987 1959 1982 A COMMITMENT TO DETROIT

From the restoration of the in the late 1980s to construction of the new $627 million Arena today—the Ilitch organization has made investing in their hometown a trademark. Ilitch companies built championship teams in the and ; invested in parks, city infrastructure and 1989charities throughout the city; grew a single Little Caesars Pizza store to the largest carryout-only pizza chain in the world; and made a commitment to providing fun and memorable experiences to the community that they call home. Olympia Development of , an Ilitch-owned company, is leading this impressive development together with a variety of public and private partners. We’re proud to be a part of Detroit’s comeback story. Now we’d like to invite you to join us by investing in one of America’s greatest cities, too. 2015 2007 1967 2014THE DISTRICT DETROIT RETAIL PAGE 3 1992 2017 THE EXPERIENCE

The District Detroit will be made up of a dynamic mix of sports and entertainment venues, including six world-class theaters and three multi-use sports venues – home to the Detroit Red Wings, the Detroit Tigers and the Detroit Lions.

The District Detroit will be comprised of five distinct neighborhoods featuring retail, restaurants, office, residential and hotels all linking these venues into one contiguous, walkable area, where families, sports fans, entrepreneurs, job seekers, entertainment lovers and others who crave a vibrant urban setting can connect with each other and the city they love.

THE DISTRICT DETROIT RETAIL PAGE 4 75

GRAND RIVER AVE.

WOODWARD AVE. CASS AVE. CASS

Discover an amazing destination comprised of five neighborhoods, each with its own unique charac- ter, at Detroit’s growing population center. The District Detroit connects Downtown to Midtown along the QLINE line and represents the final piece of the puzzle connecting all of Detroit’s sports and entertainment venues.

QLINE STATIONS

THE DISTRICT DETROIT RETAIL PAGE 5 NEIGHBORHOODS

THE DISTRICT DETROIT RETAIL PAGE 6 180,000 SF OF RETAIL SPACE Welcome to the home of the new and the Detroit Red Wings—a neighborhood anchored by world-class sports and entertainment venues for concerts, family shows and community functions. Coupled with mixed-use developments, boutique hotels, a piazza for outdoor entertainment and the Mike Ilitch School of Business, the Woodward Square neighborhood will bring a dynamic mix of entertainment and retail options.

Little Caesars Arena will feature a dramatic arena bowl, proximity to the action and great sight lines. A first of its kind Via will bring traditional outdoor street experiences inside in a bold way. Shop, dine, and stroll under the sun or stars in this 61,000 square-foot, covered pedestrian walkway open to the public year ‘round.

THE DISTRICT DETROIT RETAIL PAGE 7 A place where history and tradition meet the modern sports experience. Where the Detroit Tigers and Detroit Lions play the great American games that Detroiters love. This is the place where Detroit comes together to hope, dream and cheer— where new shops pop up along tree-lined streets, and new overflowing restaurants attract sports fans, long-time residents and new neighbors.

THE DISTRICT DETROIT RETAIL PAGE 8 Where gas-lit streets set the stage for magical nights and gilded doors open to the majesty of two historical landmarks, The Fox Theatre and the Fillmore Detroit. This is no ordinary street. This is a European-inspired street ideal for fans of sports and entertainment who come early for events and stay long after they’re over.

THE DISTRICT DETROIT RETAIL PAGE 9 THEATER & ARTS

The District Detroit is already humming with music, arts and culture. With six world-class venues such as the Fox Theatre and Detroit Opera House, the city is alive with artists and the arts.

Love for everything from music and street arts can be seen throughout the city in historic concert halls, museums and neighborhood art galleries.

This is the home of Motown Records and Big Sean— Tyree Guyton, Jack White and Francis Ford Coppola. With thousands of theater seats, major citywide events held every month of the year and concerts, comedy and family- friendly shows booked every day, Detroit is one of the largest entertainment destinations in the United States.

THE DISTRICT DETROIT RETAIL PAGE 10 SPORTS IN DETROIT

For the first time, fans of sports and entertainment will be able to walk from one incredible venue to another through an amazing network of neighborhood streets filled with shops, restaurants, hotels and offices — a 24-hour district surrounding Little Caesars Arena, and Ford Field. Each team is already a draw for sports fans who travel Downtown from throughout the city, state and the world.

4,500,000 People that annually attend a sporting event in Downtown Detroit

~ 3,000,000 Detroit Tigers annual attendance

126,000 Sporting seats in Downtown Detroit

130 Regular season game days in Downtown Detroit

11 championships for the Detroit Red Wings, the most of any NHL franchise based in the United States

$458,000,000 ANNUAL ECONOMIC BUSINESS IMPACT

THE DISTRICT DETROIT RETAIL PAGE 11 RETAIL, RESTAURANTS, OFFICE, RESIDENTIAL, HOTELS

The District Detroit is adding to incredible growth already underway in the city. Detroit is attracting a talented and highly- educated workforce into the city center. And with them, major employers, retailers and restaurant owners are seeing the potential for growth in Detroit. With the population of Downtown workers and residents increasing all the time, The District Detroit is meeting this demand for new investment in the city.

THE DISTRICT DETROIT RETAIL PAGE 12 BY THE NUMBERS OFFICE

84% EXISTING OFFICE INVENTORY

OFFICE OCCUPANCY RATE (18 consecutive quarters of positive absorption) RESIDENTIAL 1,000 98% NEW HOUSING UNITS BY 2020

RESIDENTS IN DOWNTOWN RESIDENTIAL OCCUPANCY RATE DETROIT HOTEL RESTAURANTS

RESTAURANTS 70% IN GREATER DOWNTOWN

HOTEL OCCUPANCY RATE NEW RESTAURANTS NEW HOTEL ROOMS IN GREATER DOWNTOWN 400 BY 2018 SINCE-2013 IN THE DISTRICT DETROIT

THE DISTRICT DETROIT RETAIL PAGE 13 THE MARKET

30 MIN. 60 MIN. 90 MIN. Drive Time Drive Time Drive Time

POPULATION 2,595,492 4,415,412 6,546,886

AGES 25-34 325,748 / 563,108 / 801,240 / 12.8% 12.4% 12.2%

TOTAL 101,066 174,632 255,404 90 MINUTE 60 MINUTE 30 MINUTE BUSINESSES DRIVE TIME DRIVE TIME DRIVE TIME

TOTAL 1,330,361 2,237,069 3,238,051 EMPLOYEES

AVERAGE $61,941 $73,404 $70,267 HH INCOME

*U.S. Statistical Data Only

THE DISTRICT DETROIT RETAIL PAGE 14 PRIMARY TRADE AREA

Notable companies headquartered in the greater Downtown area include General Motors, DTE Energy, Compuware, Ally Financial, Little Caesars Pizza, Quicken Loans, Blue Cross Blue Shield of Michigan, Lowe Campbell Ewald and Detroit Medical Center.

Detroit is also home to the new Little Caesars Arena, Comerica Park, Ford Field, Wayne State University (28,000 students), College for Creative Studies (1,461 students) and Wayne State Univesity Mike Ilitch School of Business (3,000 potential students).

20,000,000 Annual Detroit visitors (2015) 7.2 Square miles 35,037 Population in the primary trade area 146,410 Daytime population 32,461 College students 5,700 Proposed hotel rooms by 2018 7,000 Residential units by 2020

THE DISTRICT DETROIT RETAIL PAGE 15 THE DISTRICT DETROIT WELCOMES...

Little Caesars Arena, home of the Detroit Red Wings 819,000 SF world-class arena 20,000 seats The puck drops in 2017 Wayne State University Mike Ilitch School of Business 120,000 SF building 3,000 students Scheduled to open in 2018 Little Caesars Global Resource Center 250,000 SF building 600+ new jobs

R 2018 delivery

THE DISTRICT DETROIT RETAIL PAGE 16

SCOTT YOUNG JEREMY GROSSMAN First Vice President Senior Vice President +1 248 936 6832 +1 617 912 6861 PROJECT DEVELOPERS RETAIL LEASING AGENT [email protected] [email protected]

© 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal THE DISTRICTadvisors. DETROIT You and RETAIL your advisorsPAGE should 18 conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.