Aerial. CityMarket at O

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2 Aerial Located directly north of Downtown Washington, CityMarket at O is a 1 million-square foot adaptivereuse project that will include over 86,239 square feet of retail, 552,854 square feet of housing, a 181-room select service hotel, and 500 parking spaces. CityMarket at O will serve as the catalyst for the revitalization of the Shaw neighborhood, one of Washington s oldest commercial, residential, and cultural districts. This urban infill project features two historic elements that are listed on the National Registry of Historic Places and are critical to the design and identity of the project: O Street Market and 8th Street, NW. The O Street Market constructed in 1881 was one of several public markets that served Washingtonians during the 19th Century. Over the years, the Market served as a place for residents to meet, socialize, and buy and sell goods and food items. The L Enfant Plan, developed in 1771, is considered to be one of America s top accomplishments is city planning. The Plan laid out a street grid for the Federal City that included spacious roadways and open vistas. 8th Street was part of the original L Enfant Plan. CityMarket at O The O Street Market, which was severally damaged by a heavy snowfall in 2003, will be restored and returned to its original use as a market and gathering place, and incorporated into a new, state-ofthe-art 72,000-square foot Giant Food store. 8th Street will be reopened as a 100-foot wide pedestrian and vehicular right-of-way with residential buildings on each side of the street. CityMarket at O spans the two city blocks bounded by 7th, 9th, O, and P Streets, NW in the heart of Washington, DC. The site is only one and one half blocks from the Mt. Vernon/7th Street metro stop. CityMarket at O is less than a 10 minute walk to the City s central business district and the Verizon Center, the hub of the City s entertainment district, and one block north of the Washington Convention Center. The 2.3 million square foot Convention Center hosts over a million visitors a year.

3 Aerial - Economic Activity CityMarket at O Neighborhood Map Key 1. Marriott Marquis Convention Center Hotel (under construction) 1,125 Rooms 2. Corduroy Restaurant First Cup Cafe 3. Long Street Galley Old City Green Modern Liquor Chatman s D Vine Bakery & Cafe Rogue 24 (opening winter 2011) Wagtime Café Nima 4. Maruka Yoga & Retail Boutique Moody Lounge SUNdeVICH Independence Bank Azi s Café 5. Café Eagle and Lounge 6. Mandalay Cafe: Ground Floor retail and 2-fl residential (under construction) Queen of Sheba Restaurant 7. 9th and U Entertainment and Retail District: Nellie s Sports Bar Boston Wine & Spirits Toucan Boutique Etete Restaurant 8. Howard Theater (under renovation) 9. UNCF Headquarters mixed-use retail, commercial, residential (under construction) 10. Parcel 42: Ground Floor Retail, 90+ residential units (planned) 11. Watha T. Daniel/Shaw Neighborhood Library (new construction) 12. Addison Square/Kelsey Gardens Redevelopment (planned) Ground Floor Retail, 284 residential rental units 13. CityMarket at O: mixed-use, retail, hotel and residential 14. Douglas Development: mixed-use retail, hotel, commercial project (planned) 15. Douglas Development: mixed-use ground floor retail, commercial and residential development (planned) 16. CityCenterDC, Hines/Archstone (construction start 2011) $850m mixed-use ground floor retail, commercial and residential development Population Population Male Female Bachelor s Degree or higher Households Households Average Household Size Owner-occupied Median Home Value Average Home Value Income Average Household Median Household Median HH Disposable Age Age 0-9 Age Age Age Age Age Age Age 65+ Median Age (years) Source: WDCEP (ESRI, 2010 Estimates & Projections) 1/2 Mile 1 Mile 3 Miles 20,873 66, , % 51.7% 48.9% 45.1% 48.3% 51.1% 44.4% 52.2% 54.6% 9, % $428,862 $512,375 $62,502 $45,574 $33,188 Consumer Expenditures ($000) Apparel & Services $16,032 Computers & Accessories $2,013 Entertainment & Recreation $27,361 - Pets $4,115 - Television, Radio & Sound $11,273 Food at Home $40,806 Food away from Home $29,822 Home Improvement & Service $16,089 Household Furnishings $15,106 Personal Care $3,483 Vehicle Maint. & Repair $8,030 Avg. Spent per HH $ % 4.1% 5.7% 32.6% 15.1% 13.7% 9.7% 8.9% , % $390,721 $494,935 $66,592 $47,141 $35,089 $59,102 $7,444 $100,752 $15,153 $41,791 $151,556 $110,151 $58,024 $55,451 $12,902 $29,669 $ % 3.7% 5.2% 32.8% 14.8% 13.4% 10.4% 10.5% , % $399,178 $523,531 $77,219 $52,116 $38,932 $405,551 $42,328 $586,590 $67,222 $246,307 $827,512 $341,805 $342,683 $547,022 $74,129 $159,888 $ % 3.9% 6.9% 29.7% 13.8% 13.8% 11.4% 11.4% 35.2

4 Existing Conditions

5 CityMarket at O: The Project East Block Retail Supermarket Sales Area Supermarket Loading & Storage Residential Market Rate Rental Residential Senior Affordable Rental Subtotal East Block Units/Spaces Square Feet 57,587 15, ,897 70, ,018 West Block Retail Shops Residential Market Rate Rental Residential Condominium Hotel Subtotal West Block Building Type Total Retail Total Residential Total Garage Hotel Total Project , , , , ,475 86, , , ,400 1,030,609

6 B-1 Floor Plan Staircase to Giant from B-1 CityMarket at O project will spark the redevelopment of the historic Shaw community by providing two levels of underground parking. The parking areas will be segregated with the retail parking accessed from 8th Street to the at-grade parking or from an entrance egress at 9th and O Streets. The rental and condominium parking will be accessed through an entrance at 9th and P Streets. The required parking under District zoning would be approximately 300 spaces while 500 spaces will be provided.

7 B-2 Floor Plan Giant 8th Street Entrance All of the servicing and loading for CityMarket at O occurs on the B-2 level. Additionally, almost all of Giant s back-of-the-house functions, storage and prep areas will be located in 12,725 square feet on Level B-2. Consolidating all the loading and servicing for the project in one truck court improves the pedestrian experience, safety, and traffic flow on two of the City s north-south feeder streets into Downtown.

8 Ground Floor Plan P STREET PROPERTY LINE RESIDENTIAL GARAGE ENTRANCE 9TH STREET RES. UNIT ENTRY WEST RES. A LOBBY WEST RES. A RAMP DOWN TO RES. PARKING RETAIL PARKING WEST RES. B LOBBY 1 RES. AMENITY RETAIL RETAIL 8TH STREET EASEMENT GROCERY STORE KIOSKS ESCALATOR FROM B1 PARKING EAST RES. LOBBY GIANT GROCERY STORE (GROCERY STORE) RES. SENIOR LOBBY 7TH STREET 1 2 LOADING ENTRANCE RAMP DOWN TO RETAIL & HOTEL PARKING & LOADING / TRASH AREA RETAIL GROCERY STORE ENTRY 3 HOTEL/ RES. LOBBY RETAIL 2 3 O STREET

9 Overall Section PHASE I Section 1 Proposed Start Date: August 2011; Proposed Completion Date: August 2013 Includes: Garage, Underground Utilities, Site Work, Market Building, Giant Food Store, Retail Shops, Structural Support and Infrastructure for Senior Housing Section 2A Proposed Start Date: October 2012; Proposed Completion Date: October 2013 Includes: East Residential Building (Residential Rental A ) Section 3 Proposed Start Date: October 2012; Proposed Completion Date: October 2013 Includes: Hotel Section 2B Proposed Start Date: November 2012; Proposed Completion Date: February 2014 Includes: West Residential Building (Residential Rental B ) PHASE II Section 5 Proposed Start Date: June 2013; Proposed Completion Date: September 2014 Includes: Senior Housing Section 4 Proposed Start Date: June 2013; Proposed Completion Date: October 2014 Includes: Condominium Units CityMarket at O will begin with the construction of its two level underground parking structure that will span the project s four acres. Within 24 months of its closing, the Giant Food store and the project s 500 parking spaces and below grade truck court will be completed and operating. The hotel, two residential rental buildings on 8th Street, the senior housing and the condominiums will follow.

10 Selected Rental Unit Layouts Jr. 1 Bedroom Apt. Type B - East Rental 576 s.f. Jr. 1 Bedroom Apt. Type B - West Rental 526 s.f. Studio Apt. Type A - West Rental 445 s.f. W/D MECH According to a September 2009 Wall Street Journal article, Washington DC ranks number one as the next youth-magnet city, attracting young professionals looking to enter the workforce or take their careers to new levels. CityMarket at O is designed for just that ambitious person looking for urban diversity, lifestyle and DC s high quality, high paying job market. 2 Bedroom Apt. Type A - East Rental 850 s.f. 2 Bedroom Apt. Type A - West Rental 850 s.f. CityMarket at O offers new, compact residential unit layouts that have been well received by young professionals in the DC market. These layouts are efficient, cost effective and top of the line in their design and amenities. The apartments finishes will match the unit s style with wood/wood laminate flooring, granite counter tops, stainless steel appliances, oversized closets and storage rooms, contemporary lighting and smart wiring package. In the case of the junior one bedroom, the layout offers a spacious, window-lined entertainment and living area. The extraordinary amenities are designed to complement the units with a large branded two-level gym/spa with cardio, weights and yoga room, lounge, business center and wi-fi cafe, large rooftop pool, landscaped rooftop terraces with views of the US Capitol and the Washington Monument and multiple landscaped outdoor living spaces with grills and fire pits.

11 Amenities West Building Rental Rooftop West Building Rooftop Perspective West Building Rooftop Pool West Building Lobby East Building Penthouse East Building Lobby

12 Elevations - South Wall and West Wall 9TH STREET NW South Wall - O Street 8TH STREET EASEMENT 7TH STREET NW P STREET NW West Wall - 9th Street O STREET NW Shaw is a mostly residential neighborhood of 19th century Victorian row houses. The allure of these houses, Shaw s central and convenient location, and DC s strong economy are contributing to the neighborhood s renaissance.

13 Elevations - North Wall and East Wall 7TH STREET NW North Wall - P Street 8TH STREET EASEMENT 9TH STREET NW O STREET NW East Wall - 7th Street P STREET NW Planned and designed by the internationally acclaimed architectural firm of Shalom Baranes and Associates, CityMarket at O will consist of six architecturally distinct buildings on two city blocks. The buildings on the east block will be designed to complement and embrace the historic market building.

14 Elevations - 8th Street Wall O STREET NW 8th Street West - Rental 8th Street West - Condominium P STREET NW O STREET NW 8th Street East East - Rental - Rental P STREET NW A reopened 8th Street will be home to over hundreds of residences, shops and cafes, the entrances to Giant Food Store, and the CityMarket at O s retail parking. 8th Street, distinguished by its recessed curbs and patterned carriage-way, will serve as the hub for CityMarket living, shopping, and relaxing.

15 CityMarket at O Team Roadside Development, LLC - Developer The Bozzuto Group - Property Manager Shalom Baranes Associates, PC - Project Architect Cicconi Simone, Inc. - Interior Designs Consulting Lee and Associates, Inc. - Landscape Architect

16 8th Street Looking North For further Information on CityMarket at O contact: Susan Linsky Armond Spikell slinsky@roadsidellc.com aspikell@roadsidellc.com Roadside Development 1730 Rhode Island Ave, NW Suite 512 Washington, DC Phone: FAX: