Overview Centerpoint on Mill™ DC Ranch® Tempe AZ Scottsdale AZ 12 14 18

Silverleaf ® Martis Camp® Lahontan® Scottsdale AZ Truckee CA Truckee CA 24 28 34

Forest Highlands® Glenwild® Rancho Mission Viejo® Flagstaff AZ City UT Orange County CA 38 42 46

2 Table of Contents Ladera Ranch® Santaluz® Verrado® Orange County CA San Diego CA Buckeye AZ 50 56 60

Marley Park™ One Scottsdale® Kukui‘ula® Surprise AZ North Scottsdale AZ Kaua‘i HI 66 70 74

Artist’s Concept

Eastmark® Village Health Clubs & Spas DMB Leadership Mesa AZ 80 86 90

Table of Contents 3 YEAR AFTER YEAR, DMB DEMONSTRATES A PASSION FOR GREAT PLACES. Since 1984, we have worked with our partners to craft places that endure. It’s a measure of our commitment that we continue to create communities where people can lead richer, more fulfilling lives.

1984 1990 1995 1999

1984 1990 1996 1997 1998

DMB ASSOCIATES VILLAGE HEALTH CLUBS & SPAS LADERA RANCH DC RANCH DC RANCH Partnership between (Formally Village Tennis Club) Investor and strategic partner Developed in partnership with 4,600 acres of the original ranch Drew, Mark and Bennett First of four clubs opened with of 2,600 developable acres the Marley-Corrigan Family; were sold to the was formed approximately 3,600 memberships in partnership with Grand opening of 8,300-acre City of Scottsdale’s the Moiso-O’Neill Family mixed-use community McDowell Sonoran Preserve 1985 1991 (Rancho Mission Viejo Company) 1998 1999 DMB ASSOCIATES, INC SUPERSTITION SPRINGS POWER RANCH DMB was incorporated First master-; SANTALUZ RANCHO MISSION VIEJO Developed in partnership with Acquired with Laurel Haven Development Developed 3,500 acres Investor and strategic partner Sunbelt Holdings CENTERPOINT ON MILL in partnership with of 23,000 total acres Developed in partnership with 1996 LAHONTAN Taylor Woodrow in partnership with Berwind Property Group FOREST HIGHLANDS NORTH Developed in partnership with (now Taylor Morrison) the Moiso-O’Neill Family (THE MEADOW) Highlands Management Group Developed 500 acres in partnership with The Forest Highlands Association

4 Selected Milestones > 1984 - 2015 2000 2005 2010 2015

1999 2002 2004 2006 2013

GLENWILD SILVERLEAF VERRADO EASTMARK EASTMARK Developed 1,600 acres Private gated enclave opened Structured land transaction Purchase of the GM Proving Grounds, Developed with Brookfield Residential; in partnership with within DC Ranch community; with Caterpillar Foundation; the largest contiguous piece of Grand opening brought Grayhawk Development 700 custom homesites, Verrado Main Street development, privately owned, developable land more than 5,000 visitors clubhouse, golf and spa management and leasing began; in the Phoenix metro area MARTIS CAMP Grand opening brought 2014 Developed 2,177 total acres 2003 2010 approximately 35,000 visitors ARCADIA DMB CAPITAL in partnership with ONE SCOTTSDALE KUKUI‘ULA Land banking venture with Highlands Management Group 2005 Partnered with the Marley-Corrigan Family The Club at Kuklui‘ula Arcadia Capital Group and Colony Capital to develop 114 acres of MARLEY PARK developed in partnership with residential and mixed-use land Land transaction with The Kemper A&B Properties, Inc 2015 & Ethel Marley Foundation VERRADO DC RANCH Victory at Verrado opened, Market Street at DC Ranch opened DMB’s first active adult community (241,044 sq. ft. office, retail)

Selected Milestones > 1984 - 2015 5 A UNIQUE VISION THAT ELEVATES DAILY LIFE. At DMB, our core values are Profit, Partnership, Legacy and Fun. When applied to the proven principles of community-, the result is a unique vision that leads to the creation of great places. Time after time, in collaboration with our partners, DMB develops communities that elevate daily life.

Our emphasis on partnership includes enhancing the health and happiness of the people who call our communities home. We create local alliances that bring meaningful programs to residents, while partnering with them to build a culture of community leaders. Our Community Life Model, an idea unique to DMB, fosters a feeling of connection between neighbors and a sense of ownership in the community and its future.

To craft great communities, we begin with remarkable landscapes in the most beautiful places on earth. We bring expertise in responsible planning and innovative design by sharing a commitment with our landowner partners to preserve the character and history of each setting. The resulting communities grow in value and stature over the long term.

By enriching the lives of our residents, DMB makes certain that every community will endure for future generations. In the years to come, we will continue to build legacy communities that embody our passion for great places.

6 DMB Principles THE PRINCIPLES THAT DEFINE EVERY DMB COMMUNITY. Education, The Arts, Wellness, Sustainability, Walkability and Community Engagement.

7 WHAT SETS DMB COMMUNITIES APART.

One of the principles that creates strong communities is Individual growth and enrichment extend to the arts and DMB communities are equally invested in the wellness of education. That’s why highly ranked schools are built in the culture, which also enhance the quality of life and sheer residents. Neighborhood , connected by networks heart of every DMB community. What’s more, we believe fun found at DMB communities. Public partnerships and of paths and trails, promote activity and interaction between that our community stakeholders value continuous learning our unique Community Life Model incorporate the arts into neighbors. Partnerships with health facilities and a variety as a lifelong endeavor. To that end, we seek partnerships everyday life, from clubs that nurture creativity to visual of neighborhood activities – including fitness programs with organizations and institutions to provide opportunities art installations and concerts that bring neighbors together. and wellness education – encourage an enduring sense of for learners of all ages. engagement among residents.

Education The Arts Wellness

LADERA RANCH MARLEY PARK KUKUI‘ULA Ladera Ranch’s elementary, middle and high schools have been A robust partnership with the West Valley Arts Council brings art The Farm offers organically grown fruits, vegetables and flowers that named as California Distinguished Schools; its high schools rank exhibitions, art camps, Backyard Concert series and more to the area. residents can pick or enjoy at a farm-to-table experience. among the best in the nation. DC RANCH DC RANCH VERRADO The Homestead Playhouse, created by the DC Ranch Community DC Ranch hosts two major events: the annual Tour de Scottsdale, Verrado High School is consistently ranked among the best schools Council, provides performing arts programming in and around the two long-distance bicycle rides, and the annual Run for Ryan , in the nation, with 93% of its graduates going on to college. local community. which includes a half-marathon, 10K and 5K races.

8 DMB Principles When planning a community with our partners, the Walkability is a signature DMB element. Miles of inviting Community engagement is an integral part of the culture sustainability of the land is of prime consideration. Nature is paths, trails and tree-lined streets – along with neighborhood of DMB communities. Through our Community Life Model, preserved, both for its inherent worth and for the value it parks – connect residents and provide idyllic settings for residents actively engage in giving back to their neighbors brings to our communities and residents. Our developments recreation and community events. Over the years, DMB has and to the larger community. DMB partners with charitable sit lightly on the land, an approach that integrates the also set aside thousands of acres for natural preserves groups to encourage volunteerism, enabling residents to built environment with its natural setting, thus preserving that will provide open space in perpetuity, a living expression share a deeper sense of joy and connection. special landscapes for future generations. of our values.

Sustainability Walkability Community Engagement

MARTIS CAMP SANTALUZ VERRADO Martis Camp features LEED certified community and club , The community includes more than 25 miles of groomed trails and The Giving Tree™ Program provides opportunities for volunteerism, including the Gatehouse, Camp Lodge and Family Barn. 1,000 acres of open space. including the Feed My Starving Children Mobile Pack Event and the Joy of Giving Celebration to help families during the holidays. EASTMARK RANCHO MISSION VIEJO Seventy-five miles of test track, left after General Motors vacated DMB and its partners set aside 21,000 acres – approximately 75% of MARLEY PARK the Desert Proving Grounds, was recycled for the bed of new the community’s total area – as preserved, natural open space. Residents raised funds to build Veterans Commemorative Plaza, community roads. a monument honoring veterans of all five branches of military service.

DMB Principles 9 PARTNERSHIP DRIVES THE CREATION OF VALUE. We know that great places can only be created through collaboration, which is why we bring different interests together to achieve mutual goals and maximum value.

DMB was founded in 1984 by Drew Brown, Mark Sklar and Bennett Dorrance, who’ve worked as a team for decades. Most of our properties have been developed with partners including landowners, municipalities and investors. Equally important, we build long- term collaborations with local communities, city leaders, and industry and community organizations. Together, we seize new opportunities, enhance the investments of stakeholders and craft successful communities.

Over time, our communities profit from thorough, careful planning. Our unique land-use entitlements give businesses flexibility and unmatched speed-to-market.

As a result, DMB communities continue to grow in value, a benefit to both residents and stakeholders. Our long-term approach to community planning incorporates infrastructure, including public spaces, diverse transportation, and sustainable energy supplies to power our communities, thus furthering the growth and longevity of the places our residents call home.

10 DMB Principles SELECTED

16 12 COMMUNITIES 13 To see DMB’s full portfolio, go to dmbinc.com

ARIZONA CALIFORNIA UT 1 Centerpoint On Mill 11 Ladera Ranch 2 DC Ranch 12 Lahontan CA 3 Eastmark 13 Martis Camp 4 Forest Highlands 14 Rancho Mission Viejo 5 Marley Park 15 Santaluz 6 One Scottsdale 4 UTAH 7 Power Ranch 16 Glenwild 11 8 Silverleaf 14 AZ 9 Superstition Springs HAWAII

2 10 Verrado 17 Kukui‘ula 15 5 6 8 10 1 9 7 3

17 HI

DMB Principles 11 RESIDENTIAL COMMUNITIES (SELECTED) LOCATION GRAND OPENING ACRES UNITS OVERVIEW Lahontan Truckee CA 1996 906 509 To see DMB’s full portfolio, go to dmbinc.com DC Ranch Scottsdale AZ 1997 8,297 3,274 Forest Highlands (The Meadow) Flagstaff AZ 1999 500 170 Glenwild Park City UT 1999 1,600 196 LANDOWNER PARTNERS Ladera Ranch Orange County CA 1999 4,000 7,910 Alexander & Baldwin, Inc Martis Camp Truckee CA 1999 2,177 671 (A&B Properties, Inc) Santaluz San Diego CA 1999 3,500 832 Silverleaf Scottsdale AZ 2002 2,000 700 Cargill, Inc Verrado Buckeye AZ 2004 8,816 14,080 The Forest Highlands Association Marley Park Surprise AZ 2005 956 3,782 One Scottsdale Scottsdale AZ 2008 120 1,100 Marley-Corrigan Family Kukui‘ula Kaua‘i HI 2011 1,007 1,500 Rancho Mission Viejo Company Eastmark Mesa AZ 2013 3,154 15,000 (Moiso-O’Neill Family) Rancho Mission Viejo Orange County CA 2013 23,000 14,000

DEVELOPMENT PARTNERS COMMERCIAL PROPERTIES (SELECTED) LOCATION RETAIL SQ FT OFFICE SQ FT TOTAL Argonaut Centerpoint on Mill Tempe AZ 196,316 407,404 603,720 Market Street at DC Ranch Scottsdale AZ 157,185 83,859 241,044 Brookfield Residential Properties, Inc DC Ranch Crossing Scottsdale AZ 80,000 80,000 Grayhawk Development Canyon Village Scottsdale AZ 16,651 75,776 92,456 Verrado Main Street Buckeye AZ 31,375 28,990 60,365 The Highlands Companies The Shops at Kukui‘ula Kaua‘i HI 67,295 11,613 78,908 Laurel Haven Development Marley Park* Surprise AZ 1,075,932 Macerich Verrado Marketside* Buckeye AZ 2,500,000 One Scottsdale* Scottsdale AZ 1,800,000 Sunbelt Holdings Parkview Plaza at Verrado Buckeye AZ 175,000 175,000 Taylor Woodrow Eastmark* Mesa AZ 20,000,000 (now Taylor Morrison) *Commercial properties in active planning VILLAGE HEALTH CLUBS & SPAS LOCATION

LAND BENEFICIARIES Camelback Village Racquet & Health Club Phoenix AZ Gainey Village Health Club & Spa Scottsdale AZ Caterpillar Foundation DC Ranch Village Health Club & Spa Scottsdale AZ The Kemper & Ethel Marley Foundation Ocotillo Village Health Club & Spa Chandler AZ

12 13 LOCATION HIGHLIGHTS Tempe AZ Urban mixed-use downtown redevelopment EXISTING DEVELOPMENT 603,720 sq. ft. office and retail Adjacent to 160 hotel rooms Arizona State University 705 residential units METRO light rail PUBLIC-PRIVATE PARTNERSHIP Minutes from City of Tempe (1985) Phoenix Sky Harbor Berwind Property Group (1985) International Airport TOTAL ACRES Public art 22

GRAND OPENING 1985

A Landmark Venture

DMB’s emphasis on public-private partnerships began marked the first urban parking garage in the downtown with Centerpoint on Mill. For three decades, DMB core, with 1,100 parking spaces for tenants and visitors. partnered and collaborated with the City of Tempe on A public-private partnership this mixed-use redevelopment, building a flexible, When completed, this landmark venture spanned 22 acres, productive relationship. with a total of 1,881,081 square feet of mixed-use space with the City of Tempe and 705 residential units. A driving force for the downtown led to this mixed-use commercial Our long-term approach focused on what was best for economy, Centerpoint on Mill is an eclectic mix of offices, the City and its people. We generated innovative ideas shopping, dining and entertainment. Situated at the heart downtown redevelopment that brought in large-scale tenants like Chase Bank and of pedestrian-friendly Mill Avenue – which attracts that generates economic growth. Harkins Theatres – the kind of tenants that would Phoenicians and college students from nearby Arizona increase tax revenues. DMB was also instrumental in State University – the businesses at Centerpoint on Mill bringing promising start-ups like The Coffee Plantation, generate significant tax revenues for the City of Tempe. then a new company, on board. Through this pivotal experience, DMB learned how One of Centerpoint on Mill’s redevelopment initiatives municipal alliances can be created and strengthened. We was a portion dedicated to public art. The now-iconic saw how different interests can work together to achieve jackrabbit sculptures became one of the first examples of mutual goals. Those are lessons we put to work every day, public art in downtown Tempe. The redevelopment also building an enduring sense of trust with our partners.

14 Centerpoint on Mill > Tempe, Arizona Centerpoint on Mill > Tempe, Arizona 15 December, 2008 Photo: TODD Photographic

CAMELBACK MOUNTAIN

TEMPE TOWN LAKE

MILL AVE

UNIVERSITY DR

16 Centerpoint on Mill > Aerial View W 5th St E 5th St

MAP NOT POST TO SCALE

S Maple Ave S Maple 12/2015 OFFICE S

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Street Prg W 6th St E 6th St

Street Prg

RETAIL Street 1-STORY Prg 1-STORY RETAIL HISTORIC BUILDING RESIDENTIAL OFFICE 30-STORY LUXURY APARTMENTS

S Farmer Ave S Farmer 1-STORY 4-STORY RETAIL Ave S Mill DOWNTOWN OFFICE FIRE STATION TEMPE Pubc Art

1-STORY RETAIL PARING

GARAGE Street Prg E 7th St 7-LEVELS PARING 2-STORY Street Prg THEATRE RETAIL GARAGE 2-STORY 8-LEVELS RETAIL RESTAURANTS OFFICE

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Centerpoint on Mill > Development Map 17 LOCATION AMENITIES Scottsdale AZ Country Club at DC Ranch Silverleaf Club EXISTING DEVELOPMENT 413,500 sq. ft. office and retail 2 community centers 3,274 homes/homesites Commercial centers: PARTNERSHIP Canyon Village Marley-Corrigan Family (1993) DC Ranch Corporate Center DC Ranch Crossing TOTAL ACRES Market Street at DC Ranch 8,297 Copper Ridge school GRAND OPENING 1997 Parks and trails system

McDowell Sonoran Preserve

A Life of Connection

DC Ranch in Scottsdale, Arizona, represents DMB’s That kind of value can be seen in the deeply human, dedication to conserving the natural beauty and carefully planned design of DC Ranch. A community-wide authenticity of the land. Here, nature isn’t confined to just system of paths and trails flow with the topography, a window view. It’s a living, breathing part of life that’s providing residents with opportunities to bike, walk or woven thoughtfully throughout the built environment. run year-round. The trails aren’t only for exercise though. They’re the ties that bind neighbor with neighbor, adding DC Ranch is a living legacy Developed in partnership with the Marley-Corrigan connection and warmth to daily life. Family, DC Ranch was DMB’s first large-scale, mixed-use that honors and preserves the true community. Once a working cattle ranch, DC Ranch This emphasis on community life is not an afterthought. character of the Sonoran Desert. honors its heritage with the use of native materials and a It’s built into the fabric of DC Ranch and every DMB color palette that complements the land and its history. community. Before we build, we ask: Where will our residents work? Shop? Go to school? Through meticulous planning, Of DC Ranch’s 8,300 total acres, DMB sold 4,600 acres almost every need and amenity is nearby. As a result, to the City of Scottsdale for permanent conservation residents feel happier, stay longer and demonstrate a true as part of the McDowell Sonoran Preserve. It’s a testament sense of personal investment in the legacy of DC Ranch. to DMB’s stewardship and the enduring value great places provide.

18 DC Ranch > Scottsdale, Arizona DC Ranch > Scottsdale, Arizona 19 October, 2014 Photo: TODD Photographic

McDOWELL MOUNTAINS

SILVERLEAF

DC RANCH

THOMPSON PEAK PKWY

DC RANCH

DC RANCH

PIMA RD

20 DC Ranch / Silverleaf > Aerial View 21 12/2015 MAP NOT TO SCALE PRESERVE McDOWELL SONORAN OPEN SPACE ilverleaf > Development Map SILVERLEAF Berse Ws Berse S

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RESIDENTIAL SILVERLEAF DC Ranch RESIDENTIAL OPEN SPACE Sere Go Course Go OPEN SPACE SILVERLEAF Sere NORTH SCOTTSDALE wy

Cubouse k eak P on P RESIDENTIAL s mp ho N T S Het Cub DCR Vge DCR Vge Co SILVERLEAF Rge Scoo Coer RESIDENTIAL Ws Re Te Homeste Go TCC Course Te Cub Coutr E Bell Rd DC RANCH Cm Desert RESIDENTIAL DC RANCH DC RANCH RESIDENTIAL RESIDENTIAL PIMA ACRES COMMERCIAL Crossg IRONWOOD VILLAGE IRONWOOD DC Rc 101 Street Mret N Pima Rd The Country Club at DC Ranch is considered one of the finest private clubs in Scottsdale, from its attentive, personal service to the redesigned golf course by Tom Lehman and John Fought.

2222 Total Square Feet (Non-residential) 413.5K

> A mixed-use neighborhood center, Market Street at DC Ranch > Both Canyon Village and DC Ranch Crossing provide offers a unique dining and social experience while integrating commercial office space along with an eclectic and appealing collection of fine and open space often used for special events. retail stores and restaurants.

DC Ranch > Scottsdale, Arizona 23 LOCATION AMENITIES Scottsdale AZ Private enclave within the DC Ranch community PARTNERSHIP Marley-Corrigan Family (1993) 700 custom and semi-custom homesites TOTAL ACRES 2,000 Tom Weiskopf-designed 18-hole golf course GRAND OPENING 2002 50,000-sq.-ft. golf club and Health and Wellness Spa

Parks and trails system

McDowell Sonoran Preserve

Pure Excellence

Silverleaf is an exclusive enclave that offers the utmost DMB took great care to preserve the character of the land, in privacy and elegance, mere minutes from the amenities home to a natural saguaro forest. Public trails wind of city life. Cradled within the McDowell Sonoran carefully into the surrounding McDowell Sonoran Preserve, Preserve, Silverleaf is one of the most prestigious providing glorious views of mountains and canyons. addresses in the Phoenix Metro area. Magnificent views of city lights, the golf course and high desert canyons The private Silverleaf Club and Spa includes the stunning The proud result of a thoughtful can be seen from the custom homesites, which range in 50,000-square-foot clubhouse that echoes the contours of size from one to 35-plus acres. its hillside setting. The open-air spa, an innovative fusion partnership, Silverleaf was of spa services and wellness solutions, offers relaxing, Situated as a private gated neighborhood within restorative treatments. For golfers, the Tom Weiskopf inspired by the ultimate luxury of DC Ranch, Silverleaf was inspired by the most exclusive course is both visually thrilling and uniquely challenging. private residential club living. communities in the country, which is evident in the European strolling parks, the tree-lined streets, and of This artful blend of luxury and repose, found throughout course, the grand estates. Meticulous craftsmanship Silverleaf, will continue to enhance its value and instill a is visible throughout, from the varied streetscapes to the sense of community pride in those who call it home. fine details of the Mediterranean architecture. Authentic stone harvested from the site and reclaimed materials from various regions in Europe are used in the clubhouse.

24 Silverleaf > Scottsdale, Arizona 25 Silverleaf offers incomparable pleasures: mountain views, golf and a gracious club experience, from the iconic clubhouse to the hidden rustic Stone House.

26 Homesite Size Range (In Acres) 1 to 35

Silverleaf > Scottsdale, Arizona 27 LOCATION AMENITIES Truckee CA Tom Fazio-designed 18-hole golf course PARTNERSHIP Highlands Management 50,000-sq.-ft. Camp Lodge Group (1996) clubhouse with spa

TOTAL ACRES Direct ski connection to 2,177 Northstar™ California Resort

GRAND OPENING Family Barn 2009 Lookout Lodge ENTITLEMENTS Lost Library 671 homes Park Pavilion

Fun for All Seasons

Martis Camp is a private community centered around The 18,000-square-foot Family Barn, with its nostalgic the sheer pursuit of fun. Situated high within Martis Valley, soda fountain and bowling alley, is one such example. this golf and ski retreat exemplifies all that is best about At the Park Pavilion and Sporting Fields, virtually every Tahoe and its four-season pleasures. The dramatic outdoor activity is available, from basketball to croquet Tom Fazio-designed course, which is treasured by golfers, on the grand lawn. To promote the fun of discovery, follows changes in elevation and features glorious the Lost Library, an idyllic cottage and reading room, mountain views. For ski buffs, Martis Camp Express can be found along the hiking trails. The joys of family and nature provides direct access to Northstar™ California Resort, one of the top family ski resorts. Unique multi-generational Club memberships are offered come to life at Martis Camp, at Martis Camp, another nod to the community’s a multi-generational community in Stretching over 2,100 pristine acres, Martis Camp was family-centered culture. Memberships can be passed on, developed by a partnership between DMB and Highlands ensuring that Martis Camp will continue to bring joy and the forests of Martis Valley. Management Group. When planning this community, connection for generations to come. we asked questions like: How can we bring families together? What would make this experience richer? The result was the ultimate family playground, brimming with creativity and numerous opportunities for activity, adventure and strengthening connections.

28 Martis Camp > Truckee, California Martis Camp > Truckee, California 29 August, 2014 Photo: TODD Photographic

LAKE TAHOE

NORTHSTAR CALIFORNIA™

MARTIS CAMP

LAHONTAN

MARTIS CAMP

30 Martis Camp / Lahontan > Aerial View Lost MAP NOT Lbrr TO SCALE 12/2015

BALD Gte Valhalla Dr House MOUNTAIN LAHONTAN RESIDENTIAL TAHOE Schaffer Mill Rd NATIONAL FOREST

Puttg Pr

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MOUNTAIN RECREATION RESIDENTIAL CONSERVATION EASEMENT

Martis Camp > Development Map 31 > The Family Barn is a joyous gathering place for activities and fun, > A 70-foot rock promontory is home to the magnificent 50,000-square-foot including the Camp Hall rec room for indoor sports, the Art Loft for crafts, Camp Lodge, which overlooks the 18th green and exudes a and a 44-seat theater for weekly movies and private screenings. warm welcome for dining, meeting friends and wellness activities.

32 Martis Camp > Truckee, California The splendid Tom Fazio par-72 course effortlessly blends into the High Sierra landscape, giving golfers the sense of playing within a pine cathedral.

33 LOCATION AMENITIES Truckee CA 509 custom homesites

PARTNERSHIP Tom Weiskopf-designed Highlands Management 18-hole golf course Group (1996) and 9-hole par-3 course

TOTAL ACRES 24,000-sq.-ft. clubhouse 906 and lodge with spa

GRAND OPENING Camp Lahontan 1996 (4-season recreation center)

Martis Creek (natural trout stream)

Nature Takes Its Course

The first private golf club community in North Lake Tahoe, glacier-carved rocks from the site accent the timber-framed Lahontan abounds with wooded hills, native wildlife buildings, which match the scale of the land. and spring-fed meadows. This verdant valley was developed with painstaking care in partnership with Highlands A true family community, Lahontan provides a wide array Rooted in the tradition of Tahoe’s Management Group. of sports and activities for every age group at the recreation center within Camp Lahontan. The camp also offers historic lodges and estates, To preserve the land’s exceptional beauty, the venture programs just for children along with magical places for Lahontan is a natural treasure dedicated approximately half of its area to open space and kids to roam, hike and bike. For adults, the Spa & Fitness a stunning golf experience designed by Tom Weiskopf. Center provides a revitalizing retreat, as does the grand that families will cherish. Both the 18-hole championship course and the 9-hole par-3 24,000-square-foot Lodge with its superb service. course provide sweeping views of mountains, lakes and tall pines. Tom himself has remarked that Lahontan is the This remarkable community has made almost every best site he’s ever worked with in the country. It shows. pleasure possible. In turn, that has made Lahontan the kind His design integrates the natural setting with seeming of investment families treasure for generations. ease and has resulted in numerous accolades.

Lahontan’s architecture reflects the proud tradition of American lodges and estates. Massive wood beams and

34 Lahontan > Truckee, California 35 August, 2014 Photo: TODD Photographic

LAKE TAHOE

NORTHSTAR CALIFORNIA™

MARTIS CAMP

LAHONTAN

36 Lahontan / Martis Camp > Aerial View PLACER COUNT SCHAFFER’S MLL GOLF CLUB MAP NOT d TO SCALE R

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Lahontan > Development Map 37 LOCATION AMENITIES Flagstaff AZ 170 custom homes and homesites PARTNERSHIP The Forest Highlands Tom Weiskopf-designed Association (1996) 18-hole private golf course

TOTAL ACRES The Meadow Clubhouse 500 (The Meadow) Fitness Center GRAND OPENING Children’s Camp 1999

Elevating the Experience

In 1996, DMB and The Forest Highlands Association serene four-season community, residents can hike through began an unusual partnership. In collaborating with DMB, the fragrant pine forest, ski the nearby slopes in winter the Association agreed to a second phase for this and tee off at one of two golf courses. established enclave that would be lower in density, with 1-acre lots as the minimum, and a more stringent design As its name suggests, a mountain meadow is the setting for review process. this acclaimed Tom-Weiskopf-designed championship course, which winds through scenic wetlands and blooms Through a joint venture, In addition to homesites, DMB also built a second golf with wildflowers in the spring.The Meadow Clubhouse, course and clubhouse, The Meadow, designed to provide which exudes a rustic elegance, features an open-air dining a second phase for Forest Highlands a different, yet complementary experience for residents. room that overlooks the golf course. The clubhouse raised the bar for northern Upon completion of the new phase in 1999, all of its 140 includes a recreation center with an emphasis on family lots sold out within a year and a half. activities and events, which gives residents yet another reason Arizona’s prized golf community. to view Forest Highlands as a treasured family tradition. Without question, the desirability of Forest Highlands begins with the land itself. The world’s largest forest of ponderosa pines – which can grow to more than 200 feet in height – surrounds the community, offering splendid views of northern Arizona’s San Francisco Peaks. In this

38 Forest Highlands > Flagstaff, Arizona Forest Highlands > Flagstaff, Arizona 39 September, 2013 Photo: TODD Photographic

KACHINA PEAKS

I-17

SR-89A

FOREST HIGHLANDS

KACHINA VILLAGE WETLANDS

40 Forest Highlands > Aerial View LANDON SPRNG

RESIDENTIAL MAP NOT CUSTOM HOMESITES Gur Te Meo TO SCALE Gte Go Course 12/2015 COCONNO Andrew Douglass COUNT THE MEADOW GRFFTHS RESIDENTIAL SPRNG Te Meo CUSTOM HOMESITES Te Meo Cubouse Prctce Fct

Sports Pr 89A Forest Highlands Dr Highlands Forest ACHNA VLLAGE RESIDENTIAL WETLANDS CUSTOM HOMESITES

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O’NELL SPRNG

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Forest Highlands > Development Map 41 LOCATION AMENITIES Park City UT 196 custom homesites

PARTNERSHIP Tom Fazio-designed Grayhawk Development (1999) 18-hole golf course

TOTAL ACRES 35,000-sq.-ft. clubhouse 1,600 with spa

GRAND OPENING Wasatch and Uinta 1999 mountain ranges

Four-season lifestyle

Mountain Majesty

With its sublime setting and a Tom Fazio golf course, premier ski resorts offer the chance to snowboard and Glenwild has attracted residents from around the country. slalom down the slopes. Only 196 custom homesites nestle behind the gates of this private low-density enclave, considered Utah’s The Tom Fazio course, rated #1 in Utah by Golf Digest, most sought-after address. is a focal point of Glenwild. It begins with Tom Fazio A close collaboration resulted in himself. This renowned course designer has earned more Utah’s premier community, Distinctly exclusive, Glenwild is also warm and welcoming, spots on the Golf Digest list of the greatest American courses giving residents numerous ways to build connections. than anyone else. His eminently playable course takes an enclave of privilege and comfort That includes a DMB touchstone, the use of community- full advantage of Glenwild’s beauty, from its flower-filled nestled on scenic alpine slopes. wide trails to link neighbors with nature and each other. meadows to views of majestic alpine slopes.

Developed in partnership with Grayhawk Development, To create a community worthy of this landscape, the Glenwild comprises 1,600 acres on the slopes of the venture insisted on stringent design guidelines. The resulting Wasatch and Uinta mountain ranges in Park City, Utah. mountain architecture, which is artfully showcased in In planning this four-season community, DMB included the private Clubhouse and Spa, feels perfectly at home amenities that would enrich life year-round. Here, in the grandeur of its setting. Glenwild exemplifies DMB’s residents can swim or play tennis. Unwind in a private spa. passion for preserving and honoring special places, Go cross-country skiing. Nearby, some of the world’s a passion that our residents live by.

42 Glenwild > Park City, Utah Glenwild > Park City, Utah 43 September, 2013 Photo: TODD Photographic

DEER VALLEY PARK CITY MOUNTAIN RESORT

THE CANYONS

I-80

GLENWILD

44 Glenwild > Aerial View B i SLVER SUMMT tn e r MAP NOT Ra nc TO SCALE h Rd 12/2015 SALT LAE CT 29.0 MLES

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Glenwild > Development Map 45 LOCATION ENTITLEMENTS Orange County CA 14,000 homes 6,000 active adult residences PARTNERSHIP 5,000,000 sq. ft. commercial Moiso-O’Neill Family (1996) AMENITIES TOTAL ACRES Adjacent to Ladera Ranch 23,000 75% of the community GRAND OPENING is preserved as permanent 2013 natural open space

3 clubhouses

Wide Open Spaces

When the Moiso and O’Neill Families wanted to uphold its expertise to refine the community and neighborhood the character and beauty of their coastal California plans, which express a relaxed Western style. property, they partnered with DMB. Approximately 75% of Rancho Mission Viejo’s 23,000 acres is now permanently The small villages at Rancho Mission Viejo reflect the preserved as natural open space. intimacy of the area’s early settlements, which included immigrant farms and family ranches. Amenities like The land’s rolling green hills are home to a working bocce ball courts, a community garden and natural hiking cattle ranch and citrus farm as well as a habitat sanctuary. trails maintain this warm sensibility. Developed as a partnership to The partnership’s joint commitment to land preserve the land, this Orange County preservation can be seen in The Reserve, which Orange DMB and Rancho Mission Viejo’s approach to engaged Coast magazine called, “The Best Spot to Behold the community living is visible everywhere. Parks, clubhouses community offers spectacular Universe.” Residents do just that, whether bird-watching and fitness studios bring residents together at the scenery and an easygoing charm. or stargazing with the naturalists who manage community core. Miles of riding and biking trails lead this treasure, which plays host to endangered species. to mountains and the beach, giving neighbors the opportunity to connect in spectacular spots. In every way, Over time, DMB provided capital to help execute this Rancho Mission Viejo is the California of story and expansive development, entitled for 14,000 homes. song, the kind of place our residents honor and preserve. To honor the land’s heritage as a working ranch, DMB used

46 Rancho Mission Viejo > Orange County, California 47 October, 2013 Photo: TODD Photographic

SADDLEBACK MOUNTAIN

THE RANCH PLAN

LADERA RANCH

THE RANCH PLAN

ANTONIO PKWY VILLAGE OF ESENCIA

PLANNING AREA 3

VILLAGE OF SENDERO

ORTEGA HWY

48 Rancho Mission Viejo / Ladera Ranch > Aerial View LAS

Tesoro FLORES Hg Scoo RLE COTO WLDERNESS MAP NOT PAR TO SCALE DE 12/2015 74 CAZA ORTEGA ROC

73 CASPERS WLDERNESS PAR LADERA RANCH

RESIDENTIAL FUTURE

DEVELOPMENT Orteg PLANNNG AREA 3 Reseror

RESIDENTIAL FUTURE

S u DEVELOPMENT Cree PLANNNG AREA 4 CLEVELAND Rco Msso Veo 5 Horse Pr NATONAL

FUTURE FOREST DEVELOPMENT PLANNNG AREA 5 THE RESERVE AT RANCHO MSSON VEO

SAN CLEMENTE

FUTURE DEVELOPMENT PLANNNG AREA 8

Rancho Mission Viejo > Development Map 49 LOCATION AMENITIES Orange County CA Neighborhood design recalls historic EXISTING DEVELOPMENT Rancho Mission Viejo 219,252 sq. ft. office 472,958 sq. ft. retail 4 village clubhouses, 6,774 homes 10 pools, 1 aquatic park 1,136 multi-family units Neighborhood paths, PARTNERSHIP parks and trails Moiso-O’Neill Family (1996) Commercial centers: TOTAL ACRES Bridgepark Plaza 4,000 Mercantile East Mercantile West GRAND OPENING Terrace Shops 1999

Common Ground

Ladera Ranch is designed for connection. This Orange that further connection, real or virtual. Every home at County enclave, developed in partnership with Ladera Ranch is wired for high-speed information Rancho Mission Viejo LLC, exemplifies our approach services, entertainment and home automation, making it A part of Rancho Mission Viejo, to building a sense of community. Amenities link California’s first connected community. neighbor to neighbor, an approach that began with the Ladera Ranch marries the charm of question: What would our residents like to do? Along with the Rancho Mission Viejo team, DMB partnered traditional Southern California with residents to help create the kind of community life The answers, it turned out, were nearly boundless. On that will endure over time and enhance the value of towns with forward-thinking ideas. this once-vacant land, now a community of 8,000 homes, Ladera Ranch. This effort led to the creation of a lively there are 18 community parks. Miles of hiking trails. online network, which organizes events like nature tours Shopping districts. A skate park and water park. Even and how-to workshops. Parties and events take place at a dog park. Winding through the heart of Ladera Ranch village clubhouses, neighborhood pools and the water park, life is the Siena Botanica, a four-mile walking park which reflect the architectural warmth and easy charm that includes picnic groves, an amphitheater and informal found throughout Ladera Ranch. play areas.

Knowing that shared interests bind a community together, DMB continually implements creative ideas

50 Ladera Ranch > Orange County, California Ladera Ranch > Orange County, California 51 October, 2013 Photo: TODD Photographic

SADDLEBACK MOUNTAIN

CLEVELAND NATIONAL FOREST

ANTONIO PKWY

VILLAGE OF ESENCIA

LADERA RANCH

VILLAGE OF SENDERO

ARROYO TRABUCO GOLF CLUB

52 Ladera Ranch / Rancho Mission Viejo > Aerial View 5 MAP NOT TO SCALE 12/2015

Ler Rc Commut Ceter

Ler Rc Co Sports Pr lley Pkwy n Va RESIDENTIAL row SINGLE FAMILY COMMERCIAL C MIXED-USE

Cprr Eemetr Scoo RESIDENTIAL MULTI-FAMILY

erite Pkwy rgu Ma COMMERCIAL MIXED-USE

Ler Rc Me Scoo

Fouers 73 RESIDENTIAL Pr MULTI-FAMILY

RESIDENTIAL RANCHO SINGLE FAMILY MSSON VEO

Wter Stoebrooe Pr Ste Crst Scoos Pr A n t o n i o Oso Gre P Eemetr Scoo k RESIDENTIAL w MULTI-FAMILY y

RESIDENTIAL SINGLE FAMILY

5

Ladera Ranch > Development Map 53 Ladera Ranch is bordered by 1,600 acres of protected countryside, providing homesites with spectacular views and trails that connect to the open land.

5454 Total Number of Community Parks 18

Ladera Ranch > Orange County, California 55 LOCATION AMENITIES San Diego CA 832-home coastal golf community PARTNERSHIP Taylor Woodrow 4 acres per home (now Taylor Morrison) Rees Jones-designed TOTAL ACRES 18-hole golf course 3,500 35,000-sq.-ft. GRAND OPENING clubhouse and spa 1999

Taking the Long View

When designing Santaluz, DMB took a novel approach in community and have embraced the DMB community life partnership with Taylor Woodrow (now Taylor Morrison). model, enhancing the longevity of Santaluz. We chose to build a very low-density community in a high-density area. Only 832 units were designated for the The richly detailed architecture was inspired by country 3,500 acres that comprise Santaluz in San Diego. homes of the Mediterranean, storied places like Andalusia, Provence and Tuscany, which share the topography and DMB elevated the existing landscape The resulting community sits as gently on the land as climate of coastal California. For the Santaluz Clubhouse possible, preserving the character and beauty of the and Spa, we echoed the warmth of a Spanish ranch house. to create Santaluz, a low-density landscape – a landscape DMB helped to shape. Initially, At the heart of the private club, the Rees Jones golf course Santaluz was a sea of grass without a single tree. We planted flows through a tree-lined terrain of rolling hills, the serene enclave prized for its singular beauty native trees all across the community while retaining living architecture of Santaluz. and masterful planning. its great open spaces, being mindful to let the land and the residents breathe.

We took the long view in more ways than one: select homesites were situated atop a hill that overlooked the golf course and the ocean, providing magnificent views. Not surprisingly, residents have taken great pride in their

56 Santaluz > San Diego, California Total Number of Acres Dedicated to Open Space 1,000

Santaluz > San Diego, California 57 October, 2013 Photo: TODD Photographic

PACIFIC OCEAN

SR-56

CARMEL VALLEY RD

SANTALUZ

CAMINO DEL SUR

58 Santaluz > Aerial View BLACK MONTAIN MAP NOT OPEN SPACE TO SCALE 12/2015 San Die guito Rd RANCH

RESIDENTIAL CUSTOM HOMESITES

OPEN SPACE

Sout Vllae Neboroo Par RESIDENTIAL CUSTOM HOMESITES Wllo Grove SINGLE FAMILY Hacena Te Santalu Elementary Santalu Club Scool Letme Monteor Scool Ree Jone Mulm Gol Coure Communty Center o Greater San Deo COMMERCIAL

RESIDENTIAL Blac Mountan Ranc Par CUSTOM HOMESITES SINGLE FAMILY RESIDENTIAL SINGLE MULTI FAMILY

d R y lle a V l e m r a BLACK C MONTAIN OPEN SPACE PARK OPEN SPACE Cami no D el S ur

Santaluz > Development Map 59 LOCATION AMENITIES Buckeye AZ White Tank Mountains

LAND BENEFICIARY Parks and trails system Caterpillar Foundation (1999) 71 neighborhood parks

TOTAL ACRES Verrado Golf Course, Club 8,816 Victory Golf Course, Club (2016)

GRAND OPENING Community centers: 2004 The Center on Main Heritage Swim Park ENTITLEMENTS 14,080 residential units Commercial centers: 4,200,000 sq. ft. commercial Main Street Marketside Parkview Plaza at Verrado

A Visionary Hometown

Verrado is a blend of small town charm and big ideas. Our holistic approach encompasses almost every aspect With its front porches, tree-lined streets and pedestrian- of life at Verrado. As a steward of the land, DMB has friendly Main Street, Victory and Heritage Districts, taken the lead in creating The White Tanks Mountain Verrado captures the spirit of an American hometown. Conservancy, which will protect open space and maintain Behind its traditional appeal is DMB’s visionary approach trail connections to the adjacent county park. A preschool, to building the community of Verrado. two elementary schools, a middle school and a high school, situated in the heart of the community, demonstrate our Long-term planning and DMB developed land owned by the Caterpillar Foundation, commitment to education. Diversity is exemplified by small town spirit serve to ensure with the Foundation serving as the land beneficiary. Sales the Victory District, an innovative and lively neighborhood at Verrado benefit the Foundation’s charitable endeavors, for adults 55 plus. the growth and future of which include education, the environment and this vital Arizona community. basic human needs of communities around the world. At DMB, our greatest assets are our residents, as evidenced by our vibrant community life at Verrado. Together, we’ve As with all of our communities, we have built an important created a strong sense of engagement with active amenities relationship with the surrounding municipality – in this and a thriving set of traditions, including more than 80 case, the City of Buckeye – that will attract industry and resident clubs. Over time, Verrado will become even more quality education, ensuring continued growth for both the connected and vital, creating a long-term legacy. City and Verrado.

60 Verrado > Buckeye, Arizona Verrado > Buckeye, Arizona 61 May, 2015 Photo: TODD Photographic

WHITE TANK MOUNTAINS

INDIAN SCHOOL RD VERRADO

VERRADO WAY

THOMAS RD

McDOWELL RD

I-10

62 Verrado > Aerial View MAP NOT TO SCALE 12/2015 WHITE TANK MONTAINS

WHITE TANK MONTAINS Jackrabbit Trail N 191st Ave

FTRE RESIDENTIAL DEVELOPMENT VICTORY 55 PLUS BLM

Vctory OPEN SPACE Gol Club WHITE TANK W Camelback Rd MONTAINS FTRE RESIDENTIAL COMMERCIAL MIED-USE COMMERCIAL FTRE MIED-USE Verrao OPEN RESIDENTIAL Mle Verrao Scool H Scool COMMERCIAL W Indian School Rd

Verrao RESIDENTIAL BLM Gol Club N Rd Perryville CUSTOM HOMESITES

OPEN Verrado Way SPACE RESIDENTIAL Verrao Hertae W Thomas Rd Elementary COMMERCIAL Auatc MIED-USE Center

Fre Staton Verrao BCKEE Coee Co MIED-USE W McDowell Rd

Banner Healt 10

Verrado > Development Map 63 Community Elevation Range (In Feet) 1,100 to 3,600

> An impressive total of 71 neighborhood parks can be found > Tucked alongside the White Tank Mountains, Verrado has over throughout Verrado, giving residents the opportunity to connect, relax 20 miles of trails for walking, hiking and biking through the mountain and play games in green, sunlit settings. foothills and native desert land.

64 Verrado > Buckeye, Arizona Verrado is home to many districts including: the Main Street District for shopping and dining, the vibrant Victory District for adults 55 plus, and the Heritage District, which features the Heritage Swim Park.

6565 LOCATION ENTITLEMENTS Surprise AZ 3,782 residential units 1,075,932 sq. ft. commercial LAND BENEFICIARY The Kemper & Ethel Marley AMENITIES Foundation (2002) 140 acres of neighborhood parks TOTAL ACRES 956 45-acre public-use education and recreation GRAND OPENING park complex 2005 5,800-sq.-ft. private recreational facility and community pool

Neighborly Charm

Marley Park is a community that feels like a neighborhood. for middle school students, recognized by Cambridge That’s an achievement given its large scale, entitled for University in England. approximately 3,800 homes. Friendly and down-to-earth, Marley Park was designed by DMB as the best expression At the Heritage Club, a 5,800-square-foot recreational of what communities can be. Every activity and amenity facility, neighbors gather for events from formal weddings serves to bring neighbors and families together. to informal club gatherings. For shopping and dining, An active, engaged community life Marley Park Plaza is just a short walk away. Developed on land acquired from The Kemper & Ethel adds value to Marley Park, Marley Foundation, Marley Park includes more than 140 The vitality and connection of this community is a tribute acres devoted to parks and open space. Fifteen distinctive to the involvement and leadership of the residents, developed which offers the warmth and appeal themed parks, linked by the tree-lined Arbor Walk, through the Marley Park Community Association, Inc., of traditional neighborhoods. offer activities and ideas that stir the imaginations of little and DMB’s Community Life Model. The Community ones. The popular 25-acre Heritage Park includes baseball Association hosts year-round celebrations in partnership fields, a gazebo stage and an open-air amphitheater. with residents and facilitates special interest clubs. This kind of engaged community life will ensure that Marley Education is fundamental to this family-oriented Park remains vital and viable for generations. community. Marley Park is home to highly rated schools, including an elementary school and an advanced academy

66 Marley Park > Surprise, Arizona Total Number of Resident-inspired Annual Events 30

Marley Park > Surprise, Arizona 67 January, 2015 Photo: TODD Photographic

LITCHFIELD RD

MARLEY PARK

WADDELL RD

BULLARD AVE

MARLEY PARK CACTUS RD

REEMS RD

68 Marley Park > Aerial View MAP NOT SURPRISE TO SCALE 12/2015

W Waddell Rd

Marley Par Plaa RESIDENTIAL FUTURE COMMERCIAL

FUTURE RESIDENTIAL FUTURE RESIDENTIAL Hertae RESIDENTIAL Pool Houe Hertae Marley Par FUTURE Par Elementary Scool Leacy Carter COMMERCIAL Hertae Scool Club

r Ave Hertae Par twate W Swee

RESIDENTIAL

FUTURE RESIDENTIAL

Founer FUTURE Par COMMERCIAL

W Cactus Rd N Litchfield Rd N Bullard Ave N Bullard N Reems Rd N Reems

Marley Park > Development Map 69 LOCATION ENTITLEMENTS Scottsdale AZ 1,100 residential units 1,800,000 sq. ft. non-residential PARTNERSHIP 400 hotel rooms Marley-Corrigan Family (2003) Macerich (2008) CORPORATE ANCHOR Henkel TOTAL ACRES (N American headquarters) 120 HIGHLIGHTS GRAND OPENING Jefferson at One Scottsdale 2008 Jefferson on Legacy

Artist’s Concept

One Singular Opportunity

In 2003, the Marley-Corrigan Family partnered with DMB With its strategic location, One Scottsdale will become a to begin developing a special parcel of land at the major draw for residents and the area’s visitors. Upon signature intersection of Loop 101 and Scottsdale Road completion, the development is planned to include as much in North Scottsdale. as 1.8 million square feet of space for retail and commercial tenants, including 1,100 mixed-use residential units and Without question, this was a remarkable opportunity. 400 boutique hotel rooms. Already anchored by the Henkel Consistently ranked as one of the top 10 cities to live North American headquarters, One Scottsdale is nationwide, Scottsdale attracts affluent and sophisticated currently home to approximately 750 units at Jefferson at A coveted location and a residents. Their earning power ranks among the top in One Scottsdale and Jefferson on Legacy, two luxury multi- the country. family communities by TDI Real Estate Holdings LLC. valued partner provided the impetus for this exciting mixed-use The confluence of so many high-income residents translates to exceptional buying power. High-end retailers development in North Scottsdale. have moved northward to cater to these consumers, and North Scottsdale is now the center of the most exclusive dining and shopping in the Valley.

70 One Scottsdale > North Scottsdale, Arizona 71 July, 2015 Photo: TODD Photographic

THOMPSON PEAK PKWY

LEGACY BLVD SCOTTSDALE RD

LOOP 101

72 One Scottsdale > Aerial View y w MAP NOT k

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o g s e

p L

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o SCOTTSDALE

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Jeeron at RESIDENTIAL Jeeron One Scottale on Leacy MULTI-FAMILY

COMMERCIAL 73rd St MIED-USE

Henel Nort Amercan Heauarter

COMMERCIAL MIED-USE

Scottsdale Rd

101

PHOENI SCOTTSDALE 101

One Scottsdale > Development Map 73 LOCATION ENTITLEMENTS Kaua‘i HI 1,500 resort homes 91,000 sq. ft. non-residential PARTNERSHIP A&B Properties, Inc (2001) AMENITIES Tom Weiskopf-designed TOTAL ACRES 18-hole golf course 1,007 48,000-sq.-ft. Plantation GRAND OPENING clubhouse and spa 2011 The Shops at Kukui‘ula

Community garden, fitness center, fishing lake

Authentic Kaua‘i

Kukui‘ula is the Garden Island in full bloom. To craft Stretching across 1,000 acres on the southern coastline, a community that would say Kaua‘i in every walkway and Kukui‘ula had previously been zoned for 3,500 units. waterfall, palm tree and porch, we spent five years We chose instead to create a low-density community with researching the architecture and cultural history of the no more than 1,500 units to maintain the serenity and island. DMB worked in partnership with the county unspoiled rural character of Kaua‘i. government and with the landowners, A&B Properties, Inc., Working closely with the people to create a plan worthy of this postcard-perfect setting. Each of the amenities we’ve created for the community represents the authentic charm of Kaua‘i. The organic of Kaua‘i, DMB created We considered every detail of life at Kukui‘ula to provide a farm offers residents a delectable taste of food grown in the seamless fit with the island’s relaxed spirit, color palette rich red earth. A monthly Art Walk and weekly Kaua‘i this luminous retreat, a peerless and weather patterns. To maximize enjoyment of the ideal Culinary Market are among the attractions at The Shops expression of the Garden Island. climate, homes were designed to erase the boundaries at Kukui‘ula, which offer a diverse taste of local culture. between indoor/outdoor living and take full advantage The Plantation Clubhouse, where the scent of plumeria of the cooling trade winds. Roads were designed using wafts through the air, is the center of social life. Under satellite images in order to follow the topography and allow open skies, the Spa is a haven for wellness and traditional water to drain naturally. An imaginative system of trails island treatments. And overlooking the Pacific, there’s and open spaces, known as the Charm Bracelet, encourages the magnificent Tom Weiskopf golf course, which winds walking with its beguiling, high concept gardens. through undulating, tropical terrain.

74 Kukui‘ula > Kaua‘i, Hawai‘i Kukui‘ula > Kaua‘i, Hawai‘i 75 November, 2014

THE FARM

KUKUI‘ULA

THE SHOPS AT KUKUI‘ULA

KUKUI‘ULA THE CLUB

PACIFIC OCEAN

76 Kukui‘ula > Aerial View AEPOEHA RESERVOIR MAP NOT d R TO SCALE i a 12/2015 w a L

d R Te Farm

a k A

FTRE FTRE RESIDENTIAL RESIDENTIAL RESIDENTIAL CUSTOM HOMESITES

Kaalaa Orcar

FTRE

RESIDENTIAL d R u ip Po RESIDENTIAL CUSTOM HOMESITES Natonal Trocal Kuu‘ula RESIDENTIAL Botancal Garen Gol Coure CUSTOM HOMESITES Te Club at Soutn Horn Kuu‘ula Par KKI‘LA HARBOR Te So FTRE at OPEN Kuu‘ula RESIDENTIAL SPACE FTRE RESIDENTIAL Arceolocal Bolocal Preerve Prnce Kuo Par PACIFIC OCEAN

HANAKAAPE BA

Kukui‘ula > Development Map 77 7878 The Shops at Kukui‘ula provide a graceful setting for over 78,000 sq. ft. of commercial space, including restaurants, boutiques and six art galleries.

Kukui‘ula > Kaua‘i, Hawai‘i 79 LOCATION AMENITIES Mesa AZ The Eastmark Great Park® (106 acres upon completion) PARTNERSHIP Brookfield Residential Splash Pad and Event Pavilion Properties, Inc (2013) (open to the public)

TOTAL ACRES The Orange Monster™ 3,154 (play structure)

GRAND OPENING Over 20 neighborhood parks 2013 BASIS™ Mesa charter school

Apple® Global Command Center

The Next Evolution

When considering how communities will be planned and minutes from the Phoenix-Mesa Gateway Airport, and developed, DMB always asks: What’s next? Eastmark the community is linked to three regional freeways. provides an intriguing new answer. This places Eastmark squarely at the connecting point of the region’s growing economy. Eastmark is a diverse community focusing on innovation, whether that means attracting technology and world- It’s no wonder Apple decided to locate their $2 billion With its emphasis on innovation, class education or providing exciting ways for neighbors to global command center here. Near pioneering companies connect. To set the tone, even the names of streets and like Intel, Eastmark is ripe for new ideas, whether they commerce and education, Eastmark is parks are inspired by explorers, inventors and visionaries. come from creative start-ups or leading-edge businesses in poised to be the economic engine the community’s emerging technology corridor. Given that DMB is already closely aligned with many for the booming Phoenix East Valley. economic organizations and civic leaders in the Phoenix The amenities at Eastmark are equally inventive. A splash East Valley, the way was paved for the development pad and The Orange Monster™ climbing sculpture give of this multi-faceted community. kids places to play and imagine. For all ages, there’s a lake, riparian stream and Event Pavilion that can hold concerts Situated on 3,200 acres at the center of the Phoenix East for up to 8,000 people. The Eastmark Great Park® is a focal Valley, Eastmark is the heart and hub of the region. point that brings residents and businesses together at this Close to the Arizona State University Polytechnic innovative community, the culmination of DMB’s legacy.

80 Eastmark > Mesa, Arizona The Eastmark Visitors Center 81 April, 2015 Photo: TODD Photographic

US-60

LOOP 202

SR-24 ELLSWORTH RD ELLIOT RD

EASTMARK

RAY RD

SIGNAL BUTTE RD

EASTMARK

82 Eastmark > Aerial View E Elliot Rd

Apple Global Command Center

MAP NOT TO SCALE 12/2015

HOSPITALITY AND ENTERTAINMENT LIGHT INDUSTRIAL 202 BUSINESS

MIED-USE

E arner Rd E arner Rd

Eastmark Great Park E d I lv n a B s s o p t -T m ty ir en ia ark T n nt i P Po k P k Rd Butte S Signal y y RESIDENTIAL S Mountain Rd

COMMERCIAL Pathinder RETAIL/SOCIAL Academ

BASIS 24 School RESIDENTIAL E Ray Rd

E Ray Rd

RESIDENTIAL FTRE RESIDENTIAL S Ellsorth Rd S Ellsorth POENI-MESA

GATEAY AIRPORT RESIDENTIAL 55 PLUS

Eastmark > Development Map 83 84 Eastmark > Mesa, Arizona > The Eastmark Great Park®, a central gathering place featuring > Education is a focus at Eastmark, where professional ambitions are trails and natural bio-habitats, runs through the heart of the community encouraged. Sequoia Pathfinder Academy and BASIS Mesa, one of and will reach up to 106 acres at completion. the nation’s top charter schools, are located at Eastmark.

Eastmark > Mesa, Arizona 85 CAMELBACK VILLAGE AMENITIES RACQUET & HEALTH CLUB Basketball court Phoenix AZ Racquetball and squash courts

GAINEY VILLAGE Tennis courts HEALTH CLUB & SPA Resort-style pool and lap pool Scottsdale AZ Yoga, indoor cycle DC RANCH VILLAGE and group exercise studios HEALTH CLUB & SPA Scottsdale AZ Personal training

OCOTILLO VILLAGE Full-service day spa and salon HEALTH CLUB & SPA Kid’s club Chandler AZ Café GRAND OPENING 1991 Pro shop boutique

Fit for Families

In 1990, DMB purchased the Village Tennis Club. Now between friends and family members. This is similar called the Camelback Village Racquet & Health Club, to DMB’s community life model, which promotes its extraordinary service, cutting-edge facilities and social connection, thus enhancing the longevity and deep roots programming have resulted in exceptional membership of the community. A genuine sense of community loyalty. Today, there are multiple Village Health Clubs & Spas across the Phoenix Metro area. When it comes to the variety of fitness facilities, every defines the Village Health Clubs & Spas, Village Club is an exercise in possibility. Each Club is which combine fitness, sports Fittingly for DMB, each Village Health Club & Spa is a built around a central basketball court that energizes vibrant, connected community that elevates the gym the space. A full range of sports and fitness programs and relaxation with social events for experience. Extensive training for employees emphasizes are available, and the luxurious spa provides treatments Club members. working with members to enhance both personal fitness for the body and spirit. Even registered dietitians and and social interaction. With their welcoming environments, chiropractors are on staff to create customized wellness Kid’s Clubs and family-friendly programs, the Clubs plans. As a result, Village Health Clubs & Spas are have grown in significant measure from friend referrals. consistently named among the best health and wellness clubs in the state. To encourage social engagement, Village Clubs organize lessons, leagues and clinics in a variety of sports. Monthly social events and programs strengthen bonds

86 Village Health Clubs & Spas > Metro Phoenix, Arizona Average Number of Personal Training Sessions Provided Annually 45K

Village Health Clubs & Spas > Metro Phoenix, Arizona 87 LEADERSHIP THAT CONSIDERS THE TOUGH QUESTIONS. Before developing a community, we think about every conceivable question. We consider how to bring families together. We ask where our residents will work, shop, learn and connect. We discuss how to create places that reflect the values of our residents. Together with our partners, DMB finds the answers.

Since our beginnings in 1984, we’ve consistently applied our values to our business. Each of our partnerships is built upon honesty, integrity and a sense of mutual trust, which serve to uphold the best interests of the larger community. Doing what’s right may not always be easy, but it’s the way we always work.

Year after year, we’ve created thoughtfully-crafted communities where people will want to live for generations. Our work has earned the respect of our partners and peers, and has created value for all those whose lives we touch, from investors, landowners and residents to builders and municipalities.

Now we invite you to join us in looking ahead. There are great places yet to come, and we welcome the opportunity to develop new partnerships and projects that reflect creativity, collaboration and responsible leadership.

88 DMB Legacy Sunrise, Verrado 89 DMB Leadership

Drew M. Brown Mark Sklar Bennett Dorrance Founding Partner / Chairman Founding Partner / Managing Director Founding Partner / Managing Director

Drew Brown is a founding partner and Chairman of Mark Sklar is a founding partner and Managing Director Bennett Dorrance is a founding partner and Managing DMB. Drew has been active in a number of professional, of DMB. Mark values family, community and work. Director of DMB. Bennett serves on the Board of civic and community organizations. He is a member of He currently serves on the boards of Banner Health, Directors of TGen, Insight Enterprises, Inc., The Nature the Board of Directors of Phoenix Art Museum, Greater Whispering Hope Ranch and the Banner Alzheimer’s Conservancy Arizona and Campbell Soup Company, and Phoenix Leadership, The Flinn Foundation, HonorHealth Institute. He has previously served either as a Board Member is active in a number of professional, civic and community (formerly Scottsdale Healthcare), Arizona Commerce or in a leadership role for the following organizations: organizations. He has also been involved as a Board Authority, and is a member of Notre Dame Law School Ballet Arizona, ASU Foundation, Phoenix Jewish Member of Thunderbird, the American Graduate School Advisory Council and the Urban Land Institute. Community Foundation, National Public Radio, KAET of International Management, Phoenix Country Day Channel 8 Community Advisory Board and the American School and the Desert Botanical Garden. Married for 43 years, Drew and his wife, Laurie, have Jewish Joint Distribution Committee. two daughters, Kyle and Tish; and one son, Chris; Bennett and his wife, Jacquie, have been married for 47 years and four grandchildren, Claire, Quinn, Seamus and Ellie. Mark has been married to his wife, Cookie, for over and have two children, Bennett, Jr. and Ashley; and 45 years. He has two children, Michael and Debbie; and seven grandchildren, Sofia, Anton, Barlow, Decker, Orion, four grandchildren, Zander, Zoe, Caleb and Jonah. Jax and Aurora.

90 DMB Founders Brent E. Herrington Mary S. Alexander, Esq. Andrew S. Beams President Executive Vice President / General Counsel Executive Vice President / Chief Financial Officer

Brent provides strategic leadership and oversees Mary supervises legal representation for all Andy oversees accounting, finance, treasury all aspects of DMB’s operations. Since 1998 he DMB communities, as well as overseeing risk and related reporting functions for DMB. has led and been actively involved in the management, insurance programs, information He participates in mid- and long-term capital visioning, strategy, planning and design of many governance, litigation management and entity planning and strategic business plan of DMB’s major projects, including DC Ranch governance issues. development. and Silverleaf in Scottsdale and Kukui‘ula on the island of Kaua‘i.

Eric Carlson Melinda Gulick Jim Hoselton Nick Taratsas Senior Vice President Senior Vice President Senior Vice President Senior Vice President

Eric oversees long-term capital planning, near- Melinda is responsible for human resources, Jim oversees development, sales and leasing for Nick initiated and provides general management term cash flow management, financial modeling/ marketing and communications, and leads DMB’s commercial projects and provides strategic oversight to Victory at Verrado. He is involved in forecasting, new opportunity due diligence, the design, creation and ongoing operations of oversight for marketing and sales activities in the selection, business plan analysis, acquisition, project life cycle capitalization, debt strategy, community life in all DMB communities. all DMB communities. He is also responsible for entitlement, design and of many deal structuring, risk management and investor/ the management of creative phases of future of DMB’s communities. partner reporting. DMB communities as well as the transitional phases of mature developments.

Executive Leadership 91 dmbinc.com

05/2016