PAVILION PARK WEST DES MOINES, IA

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1 PAVILION WEST DES MOINES, IA» 250+ Acres zoned commercial, mixed use, high and medium density residential and single-family residential» 1.5 miles from Jordan Creek Town Center - the 4th largest shopping complex in the Midwest » direct visibility from Interstate 80 and access from new Grand MEDIUM DENSITY Prairie Parkway interchange at mile marker » demographics /2016 (CITY OF WEST DES MOINES):» population: 64,113» single-family dwellings: 12,420» median home value (2015): $191,719» multi-family dwelling units: 14,841» waukee school district» median household income: $71,332» median age: 34.6 years PAVILION TOTAL RES MEDIUM DENSITY [proposed concept] SCALE: 1"=200' 0' 100' 200' 400' PAVILION WEST DES MOINES, IOWA April 4, E. mbonnett@ E. cshelton@

2 PAVILION WEST DES MOINES, IA The Des Moines metro has won another top ranking for its growth and economy, adding to an already extensive list of accolades for Iowa s capital city. A new report from Policom Corp., a Floridabased economic research firm, ranked the Des Moines-West Des Moines metro No. 14 in its 2017 economic strength list out of 382 Metropolitan areas. William Fruth, Policom s president, said the rankings focus on metros that have a sound economic foundation, not necessarily recent spurts in growth. The higher the rank, the more rapid and consistent growth a metro area has. - Des Moines Register Des Moines Metro Rankings» #1 Most Affordable Place to Buy Your First Home - Bloomberg 2016» #3 Best Place to Live with a Low Cost of LIving - Business Insider 2017» #1 Best Affordable Place To Live in the U.S. - U.S. News & World Report 2017» #9 Best City for Quality of Life - Nerd Wallet 2017» #4 Top City for Real Estate in the Midwest - PwC 2017» #9 Best Place to Live - U.S. News & World Report 2017» #9 Best Place to Start A Business - CNBC 2016» #7 Place Where Jobs Will Be in Forbes 2017» #1 Best City for the Middle Class - Business Insider 2016 ZONING:» Office» Retail» Single family residential» Multi-family residential medium density high density senior housing 2016 TRAFFIC COUNT:» 46,000 average daily traffic SITE SELECTION IN WEST DES MOINES, IOWA: The property is adjacent to Interstate 80 and is just off the new Grand Prairie Parkway interchange at mile marker 118. The property will also be the location of the extension of EP True Parkway & Bridgewood Drive that will connect the property to Jordan Creek Parkway. The site is located approximately 1.5 miles from Jordan Creek Town Center, a 2,000,000 square foot lifestyle center filled with premium retail shopping and dining, in West Des Moines, Iowa. The Des Moines metro area attractions continue to generate large and historic attendance numbers year after year E. mbonnett@ E. cshelton@

3 PAVILION UNIVERSITY AVENUE WAUKEE 105TH STREET WESTOWN WAY WESTOWN WAY INTERSTATE 80 60TH STREET 68TH ST WEST DES MOINES 50TH STREET 50TH STREET INTERSTATE 35 ASHWORTH ROADASHWORTH ROAD PAVILION (PROPOSED) JORDAN CREEK WAY MILLS CIVIC WAY ASHWORTH ROAD EP TRUE PKWY MILLS CIVIC WAY 39TH STREET VALLEY WEST DR Image Landsat/Copernicus 2016 Google» #1 Most Affordable Place to Buy Your First Home - Bloomberg 2016» #3 Best Place to Live with a Low Cost of LIving - Business Insider 2017» #1 Best Affordable Place To Live in the U.S. - U.S. News & World Report 2017» #9 Best City for Quality of Life - Nerd Wallet 2017» #4 Top City for Real Estate in the Midwest - PwC 2017» #9 Best Place to Live - U.S. News & World Report 2017» #9 Best Place to Start A Business - CNBC 2016» #7 Place Where Jobs Will Be in Forbes 2017» #1 Best City for the Middle Class - Business Insider 2016 Clive, IA 50325

4 PAVILION PRELIMINARY LAND MEDIUM DENSITY PAVILION TOTAL RES MEDIUM DENSITY SCALE: 1"=200' 0' 100' 200' 400' PAVILION WEST DES MOINES, IOWA Clive, IA April 4, 2017

5 Pavilion Park I80 E and Grand Prairie Parkway - 5 Mile Radius ,339 Population $91,067 Median Household Income Median Age 2,354 Total Businesses 49,800 Total Employees 32,847 Total Homes (Owned & Rented) 2017 Population 25+ by Educational Attainment 2017 Employed Population 16+ by Occupation Graduate/Professional Degree Bachelor s Degree 18.5% 40.3% % Some College (No Degree) 16.5% 50 High School Graduate 9th - 12th Grade (No Diploma) 12% 1.1% $241,653 Median Net Worth White Collar Employment 8.6% Blue Collar Employment 10.8% Other Services 9550 Hickman Rd // Suite 100 Clive, IA Source: ESRI 2017 estimates MIKE BONNETT mbonnett@ CASEY SHELTON cshelton@

6 PAVILION WEST DES MOINES, IA The landscape in West Des Moines is bursting with excitement. Pavilion Park in West Des Moines is being reshaped as the newest area of expansion and offers vastly increased transportation infrastructure. With more than 250 acres of land, Pavilion Park offers opportunities for retail, hospitality, office, and medium/ high-density residences. Pavilion Park is perfectly located in West Des Moines for national developers to get exposure in Central Iowa. Pavilion will be the next landmark in West Des Moines. The development is visible from Interstate 80, with access to the new Grand Prairie Parkway interchange at mile marker 118. Interstate 80 is one of the most widely traveled roadways leading into the city. Des Moines Metro Statistics» #1Most Affordable Place To Buy Your First Home - Bloomberg 2016» #3 Best Place to Live with a Low Cost of Living - Business Insider 2017» #1 Best Affordable Place To Live in the U.S. - U.S. News & World Report 2017» #4 Top City for Real Estate in the Midwest - PwC 2017» #6 Best Place for Business and Careers - Forbes 2017 DEMOGRAPHICS -2015/2016 (CITY OF WEST DES MOINES):» population: 64,113» single-family dwellings: 12,420» median home value (2015): $191,719» multi-family dwelling units: 14,841» waukee school district» median income: $71,332» median age: 34.6 years Source: City of West Des Moines; City-data.com TESTIMONIAL: In my wildest dreams, I could have never chosen a better place than West Des Moines. I would like to thank the citizens of West Des Moines for all their support, from the great kids I ve had the opportunity to coach, to the economic environment that the city of West Des Moines has laid for us to thrive. I am forever thankful. Liang Chow, owner of Chow s Gymnastics and Dance Institute, 2007 National Coach of the Year and coach of Olympic gold medalists Shawn Johnson and Gabrielle Douglas in WDM Difference (photo credit -LLUIS GENE/AFP/Getty Images) E. mbonnett@ E. cshelton@

7 PAVILION WEST DES MOINES, IA The City of Waukee s economy is thriving. Waukee s long history of meaningful investment and financial stability has given the community an edge. The city is strategic in its development decisions, and recognizes that its investments in infrastructure, education and labor are vital to the success of area businesses and to the economy as a whole. Waukee has experienced phenomenal population growth over the last decade, and the draw for young, educated professionals is expected to continue in the coming years. Our goal is to break down barriers to development, said Community and Economic Development Director, Dan Dutcher. We want developers to know there s a lower risk developing in Waukee than anywhere else. City of Waukee, Community Profile City of Waukee Rankings» Fastest-growing city in Iowa Census Projection» Safest place in Iowa - Movoto, 2014 and 2015» #1 best place to live in Iowa - Movoto, 2014» 37th Best Suburb in America - Business Insider, 2014» Best place in Iowa to raise a family - NerdWallet, 2013» Best places to live in America - CNN Money, 2013 DEMOGRAPHICS (CITY OF WAUKEE):» population: 18,990» single-family dwellings: 6,078» median home value: $189,500» multi-family dwelling units: 1,402» waukee school district» median household income: $77,200» median age: 32.5 years Source: City of Waukee; City-data.com WAUKEE SCHOOL DISTRICT: The Waukee Community School District is the fastest growing school district in the state, currently serving over 8,000 students from Waukee, Clive, Urbandale and West Des Moines. Waukee recognizes the value of a strong educational foundation. With eight elementary schools and an eighth under construction, it s no surprise that Waukee was named one of the best places in Iowa to raise a family. City of Waukee, Community Profile» Total District Enrollment 8,583» Kindergarten class size (2014) 840» Senior class size (2014) 451» High School graduation rate (2015) 99.14%» Average composite T score (2016) 23.3» CAPS enrollment E. mbonnett@ E. cshelton@

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