Opportunity Zone Magazine Opportunity Zone Magazine Volume 1, Issue 1 | Page 97

$44.5 MILLION MIXED-USE REDEVELOPMENT OPPORTUNITY Phase 1 : ● ● 95 188 Units Multi-Family ● 60,000 Professional Office 15,000 Commercial www.LansingOZ.com Proposed New Construction Existing Office Building State Capitol Site Central Business District Welcome To Lansing, Capital Transformation Zone Project Size: $44.5 Million Investment Ready (Phase I) The Capital City of Michigan ASSET CLASS: Multi-Family/ Mixed Use, Professional Office ● Midwest Insurance HUB with 8 Fortune 500 Companies MARKET: Lansing - East Lansing - MSA > 500K + pop. ● TARGET EQUITY MULTIPLIER: 2.5 Times equity (Pre Opportunity Zone) Most Powerful Particle Accelerator in the World Opening in 2021. Making the Region a World Leader in Nuclear Physics and Bio Sciences. ($770 million) ● PROFIT SHARING: 8%IRR Preferential Return 18th out of 200 Best Cities for small businesses ● Highly Educated Workforce over 18,000 College Graduates Annually TARGET RETURN PROFILE: 10.5% -11.5% IRR (Pre Opportunity Zone) HOLD: 10-Year to Opportunity Zone Qualify Investment opportunity: $6.5mm PO, $11.5mm Mixed Use DISTRIBUTION FREQUENCY: Quarterly Upon Stabilization SPONSOR CO-INVESTMENT: 5% - 15% MINIMUM INVESTMENT: $1,000,000 ● #1 in Labor Force Growth, Population Growth 24-25, and Educational Achievement 24-64 in Michigan ● 2017-2018, 4th Greatest Leap of any Community in Growing Jobs, Technological Development and Wage Gains, (49 spots to 89th) Milken Institute Report ● Home of General Motors Newest and Most Technologically Advanced Automotive Plants in North America ● Over $2 Billion in Development Under Construction in the Region WHO WE ARE Urban Systems led by Patrick Smith, Brent Forsberg, and Jeff Deehan is a collaboration of 3 development companies, completing over $7 Billion dollars of development over the past 10 years. Our goal in working together with the City of Lansing is to reconnect the City’s residential neighborhoods to the Central Business District. Pat Smith WestPac Communities Brent Forsberg T.A.Forsberg, Inc. Jeff Deehan Dymaxion Development PHONE: 970-987-1413 [email protected] PHONE: 517-202-7572 [email protected] PHONE: 517-712-9793 [email protected] OPPORTUNITYZONEMAGAZINE.COM This advertisement does not constitute an offer to purchase securities. Offers and sales of investment interests in the Project will be made only to "accredited investors" as defined by Regulation D in compliance with all applicable federal and state securities laws. For more information, contact Urban Systems.