May 2014 Project Update

TEA COMPANY TOWNHOMES

Construction at Tea Company Townhomes remains ongoing. Construction finishes and landscaping work are now underway. The project is scheduled to be completed in late May.

WESTFALEN LOFTS II

Seven of the thirty-three units at Westfalen II have sold. Floor plans and pricing can be found at www.otrliving.com.

REPUBLIC STREET LOFTS

Two of the nine residential units have sold. Floor plans and pricing can be found at www.otrliving.com.

NICOLAY

All residential units are now either sold or under contract.

MERCER COMMONS

Mercer Phase One: Only one condo remains on the market. Mercer Phase Two: The project is approximately 43% leased with 29 of 67 units sold to date. Final project completion is scheduled for early June.

UNION HALL

Initial stabilization work has begun on the new start-up Innovation Hub at 1311-1315 Vine. Core Resources has been selected as the General Contractor for the LEED Silver project, designed by City Studios Architecture. The project will be the new home of Cintrifuse, the Brandery, and CincyTech, as well as two new restaurants. Project completion is estimated for the Spring of 2015.

84.51°

Concrete construction has now reached above grade to level six. Concrete pours for the columns in the northern and southern areas of the site are complete, up to levels three and five. The level four and five concrete slabs located throughout the site are also complete. Concrete stairs have been poured and cured in the north and south core elevator shafts, while construction work on the supply elevator remains ongoing. Mechanical, electrical and plumbing installations continued on all finished site levels. Underground unit construction will also continue throughout the site.