Oxmoor Development

Near 1911 Tiger Walk

DISCLAIMER

The following information is an investment summary provided to prospective partners and investors and others. This information is not an offering to sell either a security or a solicitationto sell a security.

The Managing Member in no way guarantees the projections contained herein. Real estate values, income, expenses and development costs are all affected by a multitude of forces outside the managing member’s control.

CONFIDENTIALITY STATEMENT

The information and data embodied in this document are strictly confidential and supplied on the understanding that they will be held confidentially and not disclosed to third partieswithoutthe prior written consent.

WITH GRATITUDE

THIS TRANSFORMATIONAL DEVELOPMENT PLAN IS THE RESULT OF A PLANNING AND ENGAGEMENT EFFORT UNDER THE OF THE CITY OF BIRMINGHAM DEPARTMENT OF MULTI-YEAR LEADERSHIP INNOVATION AND ECONOMIC OPPORTUNITY. WE ALSO THANK JEFFERSON COUNTY AND THE BIRMINGHAM WATER WORKS BOARD FOR THEIR INVALUABLE SUPPORT. THANK YOU. ALSO, TO ALL OUR NEIGHBORHOOD PARTNERS, INSTITUTIONS AND SERVICE PROVIDERS WHO WILL BE A CRITICAL PART OF REALIZING THIS PLAN, WE APPRECIATE YOUR SUPPORT.

About Birmingham

Located in the foothills of the Appalachian Mountains, Birmingham is the mostpopulous city in the state of Alabama and the county seat of Jefferson County.

At the height of the nation’s manufacturing age, the city grew so fast in population it was nicknamed the “Magic City.” The nickname stuck when they discoveredit was also the only city in the world where the three raw ingredients used to make steel (coal, limestone, and iron ore) occur naturally in a ten-mile radius.

In the last few decades, Birmingham has undergonea major revitalization, becoming a hub for publishing, medical research, banking, construction, and service-based companies.Today, the Magic City is considered one of the nation’s most livable cities because of its vibrant downtown, burgeoningloft community, and world-class culinary scene.

Contents

Executive Summary

Location & Site M ap

Design Aesthetic

Est. Project Costs/Potential Economic Impact

Gap Funding Request The Team

Executive Summary

This comprehensive, multi-dimensional Community Development Plan capitalizes upon the development area’s abundant assets green spaces, rolling hills, strategic location, and potential to reshape the local economic landscape.

As Master Developer, TPT Strategic/ISTwill lead a development team that will undertake development at multiple, contiguous sites in the development area.

The development area is 222 acres of unimproved land located in Oxmoor Valley in the forested Appalachian region on the Southwestern edge of Birmingham, at the foot of Shades Mountain, just west of Shades Valley. The location is 1.5 miles from the 54-hole Oxmoor Valley Golf Complex (the first Robert Trent JonesGolf Trail site toopen, in 1992) and .5 miles from the Renaissance Birmingham Ross Bridge Golf Resort and Spa.

Executive Summary

PhaseI:InfrastructureDevelopment

The Oxmoor Landing Development is a proposed mixed-use community that will involve the new construction of single-family homes, senior apartments, condominiums and a retail/commercial center. The plan will be completed in 4 initial phases (subject to change).

PhaseII:SingleFamilyForSale

Over 200 single-family homes and a combination of 100 town homes and patio homes.

Phase III: Garden Homes

Four different types of garden homes with about 30 to 40 homes per sector.

Phase IV: TownCenter

Retail/commercial center with senior apartments and three 100-unit condominiums.

Future Phases: ResidentialDev.

More than 300 residential properties to be developed.

❑ Phase I infrastructure is the critical component of our residential development and essential for the growth of a new community.

❑ In Phases II we to build over 200 single-family homes and a combination of 100 town homes and patio homes.

❑ Phase III will have four different types of garden homes with about 30 to 40 homes per sector.

❑ In Phase IV, and Town Center will be built on 20 to 30 acres. The Town Center will contain a grocery store, day care facilities, pharmacy, and office space and will complemented by a 100-unit apartment building and three 100-unit condominium.

❑ Future Phases will include more than 300 residential properties. Timing and configurations of each sector will be adjusted to meet the market demand.

Contents

Executive Summary

Location & Site M ap

Design Aesthetic

Est. Project Costs/Potential Economic Impact

Gap Funding Request

The Team

Location and Site Map

Contents

Executive Summary

Location & Site M ap

Design Aesthetic

Est. Project Costs/Potential Economic Impact

Gap Funding Request

The Team

Master Plan

❑ Oxmoor Valley is a proposed mixed-use community that will involve the new construction of single-family homes, senior apartments, condominiums,a charter high school and retail/ commercial space.

❑ This community isdesigned to be a place where families, singles and seniors can live and thrive in natural and friendly surroundings.

❑ A place where entrepreneurs and business owners can run retail shops and businesses in an economically expanding community.

❑ Our community will be an ideal choice for families or young professionals who desire quality, homeownership opportunitiesand seniorwhodesire comfortandsafety.

Community-Inspired Design

❑ New plans and renderings are being designed to reflect the infrastructure development (the construction and improvement of foundational services.)

❑ The goal is to spark economic growth and improvements in quality of life for a walkable community, one where it is easy and safe to walk to acquire goods and services (i.e., grocery stores, restaurants, other retail stores, daycare, health clinics, etc.).

❑ This concept encourages pedestrian activity, expands transportation options, and provides for a safe and inviting pedestrian infrastructure that is accessible and serves people of all ages and abilities

Design Aesthetic

Oxmoor Valley Town Center

Contents

Executive Summary

Location & Site M ap

Design Aesthetic

Est. Project Costs/Potential Economic Impact

Gap Funding Request

The Team

Overall Benefits of the Project

• Highest and Best Use for The Property

• Significant Construction & Full TimeEmployment

• Significant Property TaxGrowth

• Significant Income TaxGrowth

• Substantial Permanent GreenSpace

• A Unique Gem Project for the City Birmingham and JeffersonCounty

• Residual Impacts: residential and commercial rental rates,property values and local spending in surrounding areas will beenhanced

• A Substantial Draw to the Community from Neighboring Cities

• Investment Climate: The project should further enhance the climate for investment in Birmingham and Jefferson County.

ECONOMIC IMPACT INDICATORS

Using economic Input/Output modeling, this presentation provides a wealth of data about the potential project impacts on the regional economy, includingindustry data (e.g., industry output, labor income, input purchases, taxes paid), commodity data (e.g., foreign and domestic imports and exports by commodity, commodity sales by government and industry), household spending data, area demographics, and more. Key data elements are describedbelow:

❑ OUTPUT: Outputis the value of productionby industry in a calendaryear. Since output is the total productionvalue of a Sector,it includesall componentsofproductionvalue or outputfor a given Sector:Output= EmployeeCompensation+ ProprietorIncome + Tax on Productionand Imports+ OtherPropertyIncome+ IntermediateInputs.

❑ VALUE ADDED: Value Addedrepresentsthe differencebetweenOutputand the costof IntermediateInputs.Value Addedis a measure of the contributionto GDP made by an Industry orSector.

❑ LABOR INCOME: LaborIncomeis the sum of EmployeeCompensationand ProprietorIncome. It representsthe combinedcostof total payrollpaid to employees(e.g. wages and salaries, benefits, payrolltaxes) and paymentsreceived by self-employedindividuals and/or unincorporatedbusiness in a givenyear.

❑ OTHERPROPERTY INCOME:OtherPropertyIncome,consistsprimarily of corporateprofits but also includesan allowance for the consumptionoffixed capital(depreciation)and net business currenttransfer payments.

❑ TAXES ON PRODUCTION& IMPORTS:Taxes on Production & Imports,less subsidiesincludes sales and excise taxes, customs duties, propertytaxes, motorvehicle licenses,severance taxes, othertaxes, and specialassessments.

❑ EMPLOYMENT:Employmentdata followsthe same definition as Bureau of EconomicAnalysis RegionalEconomicAccountsand Bureau of LaborStatistics Census of Employmentand Wages data, which is full-time/part-timeannual average.

❑ ECONOMICEFFECTS:Input-OutputAnalysis is designedtopredictthe ripple effects of a given economicactivity in otherindustriesand geographiesthrough input purchases,labor payments,andtrade.

❑ DIRECT EFFECT:A Directeffect is the initial exogenouschange in final demandin terms ofIndustry Output,Employment,and/orLabor Income.

❑ INDIRECTEFFECT:Indirecteffects are the business to businesspurchases in the supply chain taking place in the region that stem from the initial industry inputpurchases.

❑ INDUCEDEFFECT:The Induced Effects stem from labor income being spent throughoutthe selectedregion(s)associatedwith the industriesspecifiedin the project(directeffect) and thoseimpactedthrough the supplychain (indirecteffects).

Potential Economic Impact

Industries byEstimatedGrowthPercentage

Potential Economic Impact

Potential Economic Impact

Potential Economic Impact

Contents

Executive Summary

Location & Site M ap

Design Aesthetic

Est. Project Costs/Potential Economic Impact

Gap Funding Request

The Team