Greater Boston s Only Beachfront Development Opportunity is Here Ocean Avenue, Revere, MA

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1 Greater Boston s Only Beachfront Development Opportunity is Here Ocean Avenue, Revere, MA

2 Investment Highlights Logan International Airport (10m/MBTA) Suffolk Downs Beachmont Station Mass General Outpatient Clinic Revere Beach Station Wonderland Greyhound Park Development Site Development Sites Wonderland Station 100 YARDS State Police Barracks Revere Beach

3 Boston (15m/Car) Cambridge HOTEL & OFFICE DEVELOPMENT OPPORTUNITIES TWO UNIQUE OPPORTUNITIES AVAILABLE TO DESIGN AND CONSTRUCT A KEY BEACHFRONT HOTEL, A 40, ,000 SF OFFICE, and 20,000-80,000 SF RETAIL/ RESTAURANT space at Waterfront Square Revere Beach. THESE PRIME DEVELOPMENT SITES ARE DIRECTLY CONNECTED TO THE NEWLY RENOVATED WONDERLAND MBTA BLUE LINE STOP offering fast and convenient access to both Logan International Airport and Downtown Boston. The location offers ample on-site parking. THE AWARD-WINNING JOHN MARKEY MEMORIAL BRIDGE AND ELEVATED PLAZA ADJACENT TO THE SITE provide direct access to both Wonderland Station and to the beach, which is 100 yards from the site. COMMUTER-FRIENDLY LOCATION at the MBTA Blue Line terminus is just 15 minutes from Downtown Boston. THIS HIGHWAY ACCESSIBLE LOCATION is on Route 1A, which becomes the MassPike/ Interstate 90 at Logan Airport providing easy access to Boston and Cambridge. Conceptual Rendering

4 Site Overview A B Development Sites AN 8.8 ACRE TRANSIT-ORIENTED MASTER DEVELOPMENT SITE with build-to-suit availability, unsurpassed visibility, more than 50,000 cars passing by and more than 10,000 MBTA riders using its train station daily. CONVENIENTLY LOCATED ALONG A 3.5 MILE SANDY BEACH an easy commute by transit or car, and convenient access to Logan International Airport. A B $80,000,000 INVESTED IN INFRASTRUC- TURE IMPROVEMENTS FOR A NEW MULTI- MODAL TRANSPORTATION CENTER a 1,465 car parking garage, elevated plaza and pedestrian bridge connecting the station to the beach. SHOVEL-READY CONSTRUCTION OPPOR- TUNITY with state and environmental permits complete and fast track permitting in place for all vertical permits (excluding building) to be approved in 90 days. Conceptual Massing for the Development Sites

5 Spring 2015 Start In Construction PROPERTY SPECIFICATIONS ADDRESS 400 Ocean Avenue, Revere, MA SITE SIZE Lot A: 1.33 AC Lot B: 1.43 AC UTILITIES Water Sewer Electricity Natural Gas City of Revere City of Revere National Grid Keyspan ENVIRONMENTAL Urban Fill ZONING & PERMITTING ZONE Wonderland Transit-Oriented Development Overlay District (WTODOD) Multi-modal Trasnportation Center Plaza and Parking Structure MAX. HEIGHT Lot A: 14 stories Lot B: 16 stories All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions prior to sale or lease, or withdrawal without notice. MAX. FAR Lot A: 165,000 SF Lot B: 275,000 SF

6 Market Overview REVERE BEACH GROWTH AREA Waterfront Square at Revere Beach is in good company it is a catalyst for economic development at Revere Beach, the city of Revere and the entire north shore corridor. Beyond the millions spent in public and private dollars to advance the transit-oriented development, there is a multitude of progress, potential and planning happening in Revere within a mile and a half of the site, which will serve to attract people from all over New England and beyond, including: SUFFOLK DOWNS: 150 acres of future development valued at $750 million. WONDERLAND GREYHOUND PARK: 34 acres of future development valued at $500 million. BROADWAY INITIATIVE: Mayor Rizzo has launched an initiative to change the face of Broadway, the main street through the heart of the City. FIVE NEW SCHOOLS and a $7 million multi-purpose sports complex centrally located downtown and available for state tournaments, school athletic programs and resident use. BEACH INVESTMENT OF OVER $11 MILLION and more on the way. MAJOR INFRASTRUCTURE IMPROVEMENTS $50 million over the next 5 years to refurbish the city s stormwater system CITY INFRASTRUCTURE IMPROVEMENTS Completion of a new MultiModal Transportation Center on site that includes a new train station and parking garage, a broad public plaza and the John Markey Memorial Pedestrian Bridge to the beach. NEW PUBIC SAFETY BUILDINGS including a stateof-the-art police station and fire station.

7 HOTEL MARKET REVERE CAMBRIDGE 16 BOSTON SUMNER TUNNEL TED WILLIAMS TUNNEL LOGAN INTERNATIONAL AIRPORT BOSTON AREA HOTELS 1 Hotel Commonwealth 2 The Eliot Hotel 3 Hilton 4 Sheraton 5 Mandarin Oriental 6 The Colonnade Hotel 7 Lenox 8 Marriott 9 Copley Square Hotel 10 The Westin 11 The Fairmont 12 Loews Boston Back Bay 13 TAJ 14 The Boston Park Plaza 15 Four Seasons Hotel 16 The Liberty Hotel 17 Revere Hotel 18 Courtyard Marriott 19 W Hotels 20 The Ritz-Carlton 21 XV Beacon 22 Onyx Hotel 23 Nine Zero Hotel 24 Omni Parker House 25 Ames Boston 26 The Langham 27 Marriott Vacation Club 28 Hilton 29 Marriott Boston Long Wharf 30 Boston Harbor Hotel 31 Intercontinental Hotels 32 Seaport Hotel & World Trade Center 33 Renaissance Boston Waterfront REVERE AREA HOTELS 34 Fairfield Inn & Suites Marriott 35 Four Points by Sheraton 36 Rodeway Inn 37 Comfort Inn & Suites 38 Windham 39 Hampton Inn 40 Hilton 41 Hyatt

8 Suffolk Downs 5min. by Car 4min. MBTA Harvard 20min. by Car 25min. by MBTA Airport 10min. by Car or MBTA Seaport 15min. by Car 17min. by MBTA SALES & INFORMATION All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions prior to sale or lease, or withdrawal without notice.