The River District | Project Beyond

PROJECT BEYOND APRIL 2023

THE RIVER DISTRICT WILL BE A 1,400-ACRE MASTER PLANNED COMMUNITY

CONNECTING COMMERCE AND NATURE

The River District will be home to innovative companies who challenge the status quo, draw inspiration from nature, and are committed to building a brighter and more sustainable future for generations to come.

NEXT BEST NEIGHBORHOOD

Charlotte neighborhoods and residences have distinct personalities and offer diverse housing options. The River District will be one of Charlotte’s most dynamic and vibrant neighbo rhoods and home to an eclectic mix of growing families, young professionals, and empty nesters.

THE RIVER DISTRICT IS LESS THAN FIVE MINUTES FROM CHARLOTTE DOUGLAS INTERNATIONAL AIRPORT

• Ranked among the 5th busiest airports in the world.

• Averaging 1,600 daily aircraft operations.

• 178 nonstop destinations and more than 50 million passengers annually.

THE SOUL OF A CITY IN THE HEART OF NATURE

THE RIVER DISTRICT COMBINES LUSH GREEN AND URBAN LANDSCAPES

• The Central Business District (Uptown) is only a short 15-minute drive away.

• 30 miles of moutnain biike trails and connected network.

• 2 acres of sustianable working farm with surrounding orchard.

MASTER PLAN

A CONNECTED PLAN

At The River District, a sustainable master plan creates a community that integrates the primary components of urban life—a connected network of homes, retail shops, restaurants, office buildings, schools, and public spaces— with the allure of the parks, trails, forests, river access and wide, open spaces inherent in nature. Designed to connect city living to outdoor experiences, The River District is a place like no other.

CRESCENT COMMUNITIES DEVELOPMENT SUMMARY

(Based on current master plan November 2018)

COMMERCIAL 8,000,000 SF

RETAIL 500,000 SF

MULTIFAMILY RESIDENTIAL 2,350 UNITS

SINGLE-FAMILY RESIDENTIAL 2,300 HOMES

HOTEL 1,000 ROOMS

OPEN SPACE 550 ACRES

ASSISTED LIVING RESIDENTIAL 200 UNITS

CIVIC USES 75 ACRES

CONNECTED

NESTLED BETWEEN THE SCENIC CATAWBA RIVER +THE WORLD’S FIFTH BUSIEST INTERNATIONAL AIRPORT IN ONE OF THE NATION’S FASTEST GROWING CITIES = AN UNPARALLELED OPPORTUNITY.

It’s an opportunity to create a dynamic, river-focused community to live, work, and play offering the energy and amenities of an urban lifestyle with an extraordinary connection to nature and the outdoors. The River District will capitalize on its prime location minutes from Charlotte Douglas International Airport and Town Center at Berewick, and a short drive from Uptown’s Central Business District, with exceptional access and high visibility from Interstate 485.

LAKE WYLIE

CHARLOTTE

THE RIVER DISTRICT

STEWARDSHIP + EXPERIENCE

OUR STEWARDSHIP

BEING GOOD STEWARDS IS FUNDAMENTAL TO THE PURSUIT OF OUR MISSION TO BUILD COMMUNITY AND BETTER PEOPLE’S LIVES.

At Crescent Communities, we strive to make difficult decisions that address current and future challenges and improve continuously in order to have a positive impact on the planet, the people, and the places we build and call home. We hold ourselves accountable through regular evaluation of our practices and ongoing measurement. Our goal is to ensure that the communities under our stewardship flourish for years to come. We seek to create legaciesthe value of which build with time.

PILLARS OF STEWARDSHIP

ENVIRONMENT

To build prosperous and healthy communities within the ecological limits of our planet, it is essential to tackle climate change with disciplined and thoughtful development. We have adopted environmental sustainability principles, practices, and processes to both sustain the environment and support thriving economies. We seek to inspire our colleagues, residents, tenants, and the broader development community to make positive changes that enable ecosystems to flourish.

COMMUNITY

A community is a network of relationships, enriched by shared values and motivated by the fundamental human desire to be part of something greater. We seek opportunities to build a more diverse, equitable, and inclusive community for our colleagues, partners, customers, and neighbors. When we provide opportunities for all, not only do we allow for productive communities to form and flourish, but we also create economic success.

WELLNESS

We invest to create environments that support physical and emotional wellbeing. When we design communities where healthy choices are easy to make, we in turn support the well-being of every person who lives, works, and plays there. The places we create then become the catalyst for a healthier and happier lifestyle, not only for our residents and tenants, but for the greater community.

RESILIENCEY

Our culture of resilience is demonstrated by our approach to community development and our overall business strategy. To create communities that remain relevant and prosperous over time, we balance our vision and values with flexibility to adapt. Focusing on a foundation of resiliency allows us to seed communities that will sustain and continue to thrive long after our involvement ends. The cultivation of diverse yet synergistic lines of business supports a strategy that is both robust and resilient, yielding consistent results.

THE FIRST ONE PLANET LIVING COMMUNITY IN THE SOUTHEAST

One Planet Living is a framework that encourages the incorporation of 10 elements of sustainability into the design and development of communities and cities. Developed by Bioregional, a non-profit organization, based in the UK, the One Planet Living framework has been applied to cities and communities globally. Unlike a traditional certification program, a One Planet Living Action Plan represents a commitment to building and developing in accord with the principles that support the health of the environment and the wellness of the people.

The Crescent Communities Team is developing a One Planet Living Action Plan to support the 10 elements of sustainability for The River District, a 1,440 acre master-planned mixed-use community located just west of the center of Charlotte, NC.

As construction in the River District begins to take shape, we will develop and share the strategies that will allow us to achieve sustainable community development in accord with the ten principles of One Planet Living.

NO. 1

HEALTH AND HAPPINESS

NO. 2 EQUITY AND LOCAL ECONOMY

NO. 3

CULTURE AND COMMUNITY

NO. 4

LAND AND NATURE

NO. 6

LOCAL AND SUSTAINABLE FOOD

NO. 7

TRAVEL AND TRANSPORT

NO. 8

MATERIALS AND PRODUCTS

SUPPORTING THE PRINCIPLES OF ONE PLANET LIVING, THE COMMUNITY WILL FEATURE:

500+ Acres of preserved green space and connections to nature

Walking & Biking Trails offering connectivity throughout

NO. 9

ZERO WASTE

NO. 5 SUSTAINABLE WATER

NO. 10

ZERO CARBON

Urban Farm to support local, sustainable food production

Intentional Reduction of energy, water and waste

Opportunities for life long learning

Housing affordable and mixed-income

River Access for the community to the Catawba

10 ELEMENTS OF ONE PLANET LIVING

EVERY HOME WILL BE WITHIN A BLOCK OF A CONNECTED TRAIL OR PARK.

550 ACRES PRESERVED OPEN SPACE & FOREST

2.5 MILES PROTECTED BIKE LANES CONNECTING TO 90 MILES OF BICYCLE LANES IN THE CITY OF CHARLOTTE

2.7 MILES PROTECTED RIVER FRONT CONNECTING TO THE 225 MILE CATAWBA RIVER BASIN

30 PARKS

3 WATER ACCESS POINTS & LAUNCH POINTS

CONNECTING TO +/- 27 MILES OF FLATWATER PADDLING THROUGH THE CATAWBA RIVER AND LAKE WYLIE

17 MILES

MOUNTAIN BIKE TRAILS IN CONNECTED NETWORK

2 ACRES SUSTAINABLE WORKING FARM WITH SURROUNDING ORCHARD

3.5 MILES

SHARED USE GREENWAY CONNECTED TO 49 MILES OF DEVELOPED GREENWAY TRAILS IN MECKLENBURG COUNTY

A CONNECTED NETWORK OF ABUNDANT GREEN SPACE AND NATURE

The built environment—woven organically with parks and green spaces— is defined by its relationship to the land and the connectivity of its uses.

THE RIVER DISTRICT WILL BE:

A REFRESHING ALTERNATIVE to the traditional single-use suburban model, designed to the human-scale rather than the automobile.

A MORE INVITING AND WALKABLE COMMUNITY, where people can enjoy tree-lined streets, sidewalks, and trails that connect their homes, offices, shops, schools, and parks.

A UNIQUE SENSE OF PLACE where bike paths, public art, authentic architecture, and community gardens combine.

A PLACE WHERE people, commerce, and the natural environment come together.

STREET SCAPE PROFILE

RIVER

FOREST PRESERVE

RIVERFRONT PARK

Water sports, recreation, and relaxation on the Catawba River.

MOUNTAIN BIKE TRAILS

Miles of trails and adventures through preserved open space.

FEATURE PONDS

Rather than just drainage utility, storm water ponds serve as community amenities and educational opportunities.

FRONT YARD PARKS

Community green spaces provide a natural and lush front door.

MIXED USE CENTER

Planned density, a variety of transportation options, a thoughtful mix of uses, and smart street sections welcome cyclists, pedestrians, residents, and visitors.

THE FARM

A productive amenity that provides fresh food and beautiful views of seasonal change.

GREENWAY

Shared use paths for cycling, walking, and running.

THE GREENS

URBAN MIXED-USE

FARM & ORCHARD GREENWAYS

PROJECT BEYOND DEVELOPMENT OPPORTUNITIES

5 BUILD-TO-SUIT LOCATIONS

FLEXIBLE

Ability to accommodate singular or diverse uses in variety of settings. Flexible deal structure with purchase and lease options .

ACCESSIBLE

Directly adjacent to I-485 and CLT, and only 15 minutes from the Uptown Charlotte CBD.

COMMUTE

WORTHY WITH NO COMMUTE NEEDED

With over 5,000 homes in the district, your commute worthy campus will be a quick bike ride away from your talent.

SMART CITY

Investing in the latest technology in a partnership with Duke Energy, Honeywell and others to ensure we are always one step ahead.

SUSTAINABLE

Pursing LEED for communities, multi-family, office, industrial along with being the first One Planet Living community in the southeast and in design stage for the first Mass Timber construction office building in Charlotte, NC.

CUSTOM

Let’s turn your vision into reality together. With over 1,400 acres available, we will find the perfect home for your company.

OPTIONS 1 & 2 GATEWAY

OPTION 3

CHARLOTTE INTERNATIONAL

OPTION 4

GARRISON ROAD

OPTION 5

TOWN CENTER

OPTIONS 1 & 2

WEST BOULEVARD GATEWAY DEVELOPMENT OPPORTUNITIES

The West Boulevard Development Opportunities allow for Project Beyond to be located at the gateway to The River District along West Boulevard with significant presence and branding opportunities. Option

1 and 2 are build to suit development pads ranging from 2 to 7 acres. Option 3 is CLT International, a proposed mass timber office building.

OPTION 1:

Opportunity to located adjacent to Charlotte International

Parcel Identification Number: 14114328

OPTION 2:

7 acre development site directly across from Charlotte International. This site can be subdivided to meet the client’s needs.

Parcel Identification Number :14114315

OPTION 3:

Opportunity to locate at proposed CLT International Mass Timber Office Building ( customize design to suit Project Beyond)

OPTION 3 CHARLOTTE INTERNATIONAL

PROPOSED OFFICE OPPORTUNITY

Currently in design development with the ability to influence per Project Beyond’s needs:

• 150K SF mass timber office building

• 30,000 SF floorpates

• Secure loading

• 4/1000 parking ratio in parking garage

BOUTIQUE HOTEL

• 100 rooms

• Hotel flag could be identified in partnership with Project Beyond

DIFFERENTIATORS

• Gateway development into The River District at West Boulevard and I-485

• Charlotte’s first mass timber office building

• Connectivity to the natural amenities at The River District

• Excellent interstate and Charlotte airport visibility; building signage opportunities

• Convenient proximity to adjacent hospitality

OPTION 4

GARRISON ROAD

The Garrison Road development site provides Project Beyond an opportunity to develop a facility that is tucked into nature and embrace the natural beauty of the land. This is a 35 acre parcel that could be subdivided to meet Project Beyond’s needs. Below are some images that showcase how this site would layout for an innovative campus and best illustrate the opportunity to create an environment nestled in nature.

OPTION 5

TOWN CENTER

Should Project Beyond want to locate at the heart of The River District, this site would provide walkable access to the abundant retail and housing, while still providing the opportunity to create a private office setting. Should Project Beyond want to be located even closer to the heart of the development, within Westrow, there are options available.

DEVELOPMENT TIMELINE

The River District is the ultimate destination for Project Beyond’s North American Headquarters. The River District presents a one-of-a-kind opportunity in Charlotte for your company. Our intentional commitment to building a smart and sustainable development, along with fostering a sense of creativity and community within Charlotte, is unlike any place in the southeast. Your employees will be inspired by the natural setting, where their commute disappears, and their families thrive. We are leaving no stone unturned as we create a community that exceeds the expectation.

We are currently in the first phase of infrastructure delivery that will unlock these 1,400 acres of land with the construction of West Boulevard. Please find below an anticipated delivery schedule as we bring this project to life:

PHASE 1:

INFRASTRUCTURE DELIVERY - WEST BOULEVARD: Q2 2024

PHASE 2:

FIRST HOMES DELIVER - Q4 2024

PHASE 3:

WESTROW TOWN CENTER DELIVERS: Q2 2025 (INCLUDING RETAIL AND APARTMENTS)

PHASE 4:

HOMES AND RETAIL CONTINUES TO DELIVER AT A ROLLING PACE

“You can go paddle boarding in the morning, and in no time, be taking a flight out from the airport. Its such a cool opportunity for our city”

Tracy Dodson - Assistant City Manager

MARCH 2023

CONSTRUCTION PHOTO

MARCH 2023

CONSTRUCTION PHOTO

PHASE I - WESTROW OVERVIEW

DELIVERING Q2 2025

WESTROW | SITE PLAN

WESTROW IS THE FIRST COMMUNITY TO BE BUILT AT THE RIVER DISTRICT.

This is a truly mixed-use community that blends the diversity and density of urban living with immediate proximity to trails, open space, and a working farm. The variety of opportunities to enjoy the outdoors, live, work, and play is key to a vibrant place that is unprecedented in the region. With a working farm as the centerpiece, Westrow brings together diverse housing options with lush green spaces, urban strolling streets, restaurants, retail, and offices. In Westrow, as in the rest of The River District, no visitor or resident is more than a fiveminute walk away from a trail head or natural amenity.

WESTROW | COMMUNITY

RETAIL

103,000 sq. ft.

OFFICE

174,000 sq. ft.

HOTEL

250 keys

MULTI-FAMILY (MARKET)

514 units

MULTI-FAMILY (AFFORDABLE)

124 units

TOWNHOMES

58 units

SINGLE-FAMILY

48 lots

INSTITUTIONAL

WESTROW | COMMUNITY

THE FARMSTEAD

The Farmstead is centered around a working farm and orchard. Outdoor dining, a children’s learning garden and nature playground, fire pit and shade structure, event lawn, and grand vistas down to the ravine make this the heart of the community.

OUR TEAM

CRESCENT COMMUNITIES MASTER DEVELOPER

Crescent Communities is a nationally recognized, market-leading real estate investor, developer and operator of mixed-use communities. We create high-quality, differentiated residential and commercial communities in many of the fastest growing markets in the United States. Since 1963, our development portfolio has included more than 77 multifamily communities, 24 million square feet of commercial space and 60 single family master-planned communities. Crescent Communities has offices in Charlotte, DC, Atlanta, Orlando, Nashville, Dallas, Denver, Phoenix and Salt Lake City. Our residential communities are branded NOVEL, RENDER and HARMON by Crescent Communities and our industrial developments are branded by AXIAL by Crescent Communities.

BRENDAN PIERCE PRESIDENT, COMMERCIAL, THE RIVER DISTRICT

BPierce@CrescentCommunities.com

Brendan Pierce joined Crescent Communities in 2020 and currently serves as the President of Commercial and The River District Company. Brendan oversees the development, acquisition and disposition of commercial projects including office, industrial and life science across the East and West regions of the United States. Crescent Communities’ Commercial portfolio currently consists of 3.7 million square feet under construction and operating and 7.3 million square feet in planned future projects. The total development cost of this portfolio is over $2.5 Billion. He also serves as a member of the Crescent Communities Investment Committee, where he collaborates with senior leaders to implement new projects and govern corporate strategy. At Crescent Communities, Brendan previously held the position of Senior Managing Director of Commercial Development.

Previously, Brendan served as Office Development Partner at The Keith Corporation, a full-service commercial real estate firm headquartered in Charlotte where was responsible for sourcing development and acquisition ventures throughout the United States and abroad. Pierce also managed leasing for The Keith Corporation’s office portfolio. He began his development career in Washington DC with Clark Real Estate Advisors. With over 20 years of commercial real estate development and brokerage experience, Brendan has developed and acquired over 2.6 million square feet of commercial real estate valued at $1.3B.

Brendan has a distinguished record of community involvement, including his past service as President for the Charlotte NAIOP Chapter. He has been a member of various non-profit boards of directors and is the Founder of F3 Foundation. Previously active with the Greater Charlotte YMCA, Brendan was a recipient of the prestigious George Williams Award, recognizing outstanding volunteer service. An avid athlete, Brendan is a coach for his children and an amateur mountain climber.

Brendan earned a Bachelor of Arts degree from the University of North Carolina Chapel Hill and a Master of Business Administration Degree from the McDonough School of Business at Georgetown University.

CHASE KERLEY MANAGING DIRECTOR, THE RIVER DISTRICT

CKerley@CrescentCommunities.com

Chase Kerley joined Crescent Communities in 2016 and currently serves at Managing Director of Life Sciences & the River District for Commercial. Chase is responsible for land acquisition, entitlement, and development. His primary responsibility is leading all Life Science pursuits across the United States and managing The River District - a development of 8M SF of office, 5,000 homes and apartments, 500k SF of retail, and 1000 hotel rooms in Charlotte, NC. Previously at Crescent Communities, Chase served as Director of Land Acquisition and Development.

Chase has over 16 years of experience in commercial and residential acquisition and development having lead development for 2.1M SF of Life Science space, 1.4M SF of industrial, and over 8,200 residential units across the southeast.

Prior to Crescent Communities, Chase was the VP of Land Acquisition for Shea Homes where he lead acquisition and development efforts for eleven years across NC and SC. Chase serves active roles within ULI, HBA, and NAOIP. Chase earned a Bachelor of Science in Business Management and Finance from North Carolina State University. Chase holds his real estate license in both North and South Carolina.

FRAN WEST DIRECTOR OF DEVELOPMENT, SPECIAL PROJECTS

JRichardson@CrescentCommunities.com

Fran joined Crescent Communities in 2022 and currently serves as Director of Development for Special Projects on the Commercial team. Fran is responsible for leading development projects in the southeast, advancing the River District’s employment district, and assisting with strategy development and execution across the portfolio with economic development entities, municipalities, and commercial real estate partners. Her focus is on ensuring that the Crescent Communities Commercial team is the partner of choice and trusted solution provider in the communities in which we work.

Prior to Crescent Communities, Fran was Assistant Economic Development Director at the City of Charlotte where she led the business recruitment and retention team. Her team set record accomplishments with the creation of over 16,000 jobs and over $1.4B in new investment in Charlotte over a 3 year period. In addition, she focused on multi-faceted public private partnership development projects. Prior to the City, Fran worked for the University of Tennessee Knoxville to develop and execute its strategic capital investment plan as well as with Kimley Horn and Associates leading complex infrastructure projects.

Fran is a member of both CREW Charlotte and ULI. She is actively involved with volunteering in her children’s school and sports communities. Fran earned a Bachelor of Science in Civil Engineering from Clemson University and holds her professional engineering license in the state of North Carolina.

COMMERCIAL OVERVIEW

We merge big-company resources with the passion and attention to detail of a boutique firm.

As one of the few commercial developers equipped to tackle everything from 30+ story office buildings, to industrial spaces designed for efficiency, we’re uniquely prepared to bring your vision to life. Whether you’re looking to create a small niche office or a build-tosuit development with world-class amenities, we’ll make sure you’re poised for success with thoughtful design, careful planning and flawless execution. Because with Crescent Communities Commercial, you don’t just have a developer – you have a partner.

BY THE NUMBERS

150+ Years of combined real estate experience on core team

We know our numbers well and our tenants even better. We don’t simply build communities to check off boxes, like achieving LEED, Wired and WELL certifications (though we do all of those things, too).

We build communities around the employees you’re trying to attract – not just today, but ten years from today. We think about the future of what your employees want to experience through amenities and careful planning and design.

14M+ Square feet of Commercial Office Space

(Figure includes pipeline)

$2B OVER In completed mixed-use communities