Hunden Partners Qualifications February 2021

Professional Qualifications

Rob Hunden, President & CEO Hunden Strategic Partners 213 W Institute Place, Suite 707 Chicago, Illinois 60610 (O) 312-643-2500 (M) 312-933-3637

Hunden Strategic Partners Full Service Real Estate Development Advisory Practice

Hunden Strategic Partners provides a variety of advisory and consultant services for all stages of destination development, including: Owners Rep Advisory & Management; Real Estate Market & Financial Feasibility and Development Consulting; Economic, Fiscal & Employment Impact Analysis (Cost/Benefit); Organization Development; Public Incentive Analysis; Economic and Tourism Policy/Legislation Consulting; Research & Statistical Analysis; and Developer Solicitation & Selection, Private Management Company Solicitation & Selection.

• Mixed-Use Developments

• Event Centers, Arenas & Stadiums

• Arts & Cultural Facilities

• Convention & Conference Centers

• Specialty Real Estate

• Sports & Recreation

• Entertainment/Retail

• Hospitality

• Convention Headquarter Hotels

• Fairgrounds & Expo Centers

CHICAGOINDIANAPOLIS MINNEAPOLIS

Since its incorporation in 2006, professionals at Hunden Strategic Partners have provided all of the above services for hundreds of client projects worldwide for the public, non-profit and private sectors. In addition, HSP professionals have prior professional career experience in municipal and state government, economic and real estate development, real estate law, hotel operations and non-profit management. Over 80 percent of HSP’s clients are public purpose entities, such as municipalities, counties, states, convention bureaus, authorities and other quasi- government entities charged with conducting real estate, economic development and tourism activities. HSP has eleven professionals on staff. HSP is primarily located in Chicago, with staff also located in Minneapolis, Seattle, San Diego, and Indianapolis.

Areas of expertise include:

www.hundenpartners.com 213 W Institute Place, Suite 707 Chicago, IL 60610 312.643.2500

SAN DIEGO SEATTLE

Hunden Strategic Partners was founded in 2006 by Rob Hunden, who has been the President and CEO of the company since its inception. He had spent ten prior years as both a consultant and projects manager for economic development-related projects. Hunden’s career in real estate development began as a special projects director for the Indianapolis Local Public Improvement Bond Bank, where he managed and contributed to the fi nancing, design, and development of many of Indianapolis’ key downtown tourism assets.

Since 2006, HSP has distinguished itself by conducting due diligence and tailored research necessary to give each client a unique and specialized approach to their questions and challenges. We do this by analyzing market data specifi c to each project, given the variety of circumstances that each exhibits. From this analysis, we then tell our clients the truth about their options and the costs and benefi ts of each. We are driven by data and know the pitfalls to avoid. Hunden Strategic Partners does not rubberstamp projects and provides an honest assessment to ensure that our clients make educated decisions about the millions of dollars that will be invested, on behalf of the public, private and non-profi t sectors.

HSP has grown from an owner-operated consultancy practice to an industry-recognized leader in master placemaking analyses and fi nancial feasibility. HSP is based on 25 years of real world project results, built facilities and fi nancings. We also bring our experience to existing buildings and businesses that may need to have a ‘tune up’ to their organizations, management or buildings.


Rob HundenPresident & CEO Chicago, Illinois

Career Background Career Background Hunden Strategic Partners, Chicago, 2006 - Present Johnson Consulting, ChicagoGrubb & Ellis, ChicagoLandauer, ChicagoIndianapolis Bond Bank/Mayor’s Office, IndianapolisHuckaby & Associates, Washington, D.C.

Mixed-Use and Entertainment District Developments Mixed-Use and Entertainment District Developments Mr. Hunden conducts studies throughout the United States and NorthAmerica on some of the most successful and compellingmixed-use, entertainment and hospitality developments.HSP has conducted such studies in Chicago, Kansas City,Phoenix, Puerto Rico, Richmond, and Billings, among others.

Experience in Market and Financial Feasibility Experience in Market and Financial Feasibility HSP has conducted more than 800 feasibility and economic impactstudies. Many of these clients have returned for multiple studies onmarket-based planning solutions and master plans.

Economic Impact Expertise Economic Impact Expertise Due to Mr. Hunden’s strong background and experience in economicdevelopment and finance, he has become an industry leaderin determining the economic impact of projects of all types.

Recognized Industry LeaderRecognized Industry LeaderMr. Hunden’s career arc includes both the public and private sectors,including at the Indianapolis Bond Bank, managing placemakingdevelopment projects for the Mayor’s Office in the mid-90’s. Over thepast 25 years, he has become an industry expert, thought leader, frequent speaker, and author in the economics of placemaking.

Hunden is a leading industry expert on the market planning, analytics & public/private development process of compelling mixed-use & destination districts.

Hunden and his firm offer extensive experience in the economics of all manner of unique real estate projects, including mixed-use districts, convention centers and headquarter hotels, indoor and outdoor sports complexes, tourism projects, and entertainment districts. Over the past 25 years, Mr. Hunden has provided economic development, finance and planning expertise and conducted more than 800 feasibility and economic impact studies, including for some of the most notable projects in the U.S. He has had a hand in the development of more than $6 billion in completed, transformative projects, including arenas, convention centers, major convention hotels, compelling boutique hotels, entertainment districts, theme parks and major tourist attractions. Rob has written articles on downtown developments and taught college-level Destination Development courses. He has conducted IEDC panel discussions and taught numerous professional development courses for IEDC over the past 15 years.

Quick Facts:25 Years of Industry Experience Incorporated Hunden Strategic Partners in 2006 Indiana University Kelley School of Business, BS Finance ‘94

www.hundenpartners.com

Rob Hunden Industry Contributions

ALSD Annual Conference Virtual Event, 2020 Annual State of the Industry PresentationIEDC Annual Conference Virtual Event, 2020 Public Engagement Tool Kit Panel ICMA UNITE Annual Conference Virtual Event, 2020 Take Charge of Your Real Estate Recovery CSEF Multiple Sessions Virtual Event, 2020 Flexible Venues | Creative Financing | Process MasterclassCity Nation Place Americas Virtual Breakout Session, 2020 Key Steps in the Placemaking ProcessSports ETA Virtual Facilities Summit Virtual Event, 2020 Current & Future State of the Youth Sports IndustryIEDC Leadership Summit Tampa, 2020 Mixed-Use Destination Development Districts of the FutureEEE Conference Los Angeles, 2020 Trends in Entertainment & Mixed-Use Districts Round TableCollaborate & Connect Tourism Regina Regina, Saskatchewan, 2019 Tourism Means Business! ALSD International Dublin, 2019 International State of the IndustryICMA Annual Conference Nashville, 2019 Successful P3 Development Process Professional Developers of Iowa (PDI) Conference Sioux City, 2019

ALSD Design & Build Conference Chicago, 2019 Second Annual State of the Industry City Nation Place Americas Session Leader West Hollywood, 2019 Tourism Means Business! CSEF Multiple Sessions San Diego, 2019 Development Process 101 | Hybrid Event CentersMadison Venue Summit Madison, 2019 Destination Development Planning PresentationUrban Land Institute Keynote - Spring EDC Meeting Nashville, 2019 NextGen Entertainment DistrictsIndiana Construction Roundtable Indianapolis, 2018 Technology Explosion PanelLouisville TV & Radio Coverage 2018 Hunden Announces Top Major League CitiesALSD Design & Build Conference Anaheim, 2018 State of the IndustryEEE Conference Santa Monica, 2018 Trends in Entertainment, Retail, & Sports DistrictsCity Nation Place Americas Panel Host NYC, 2018 Lessons From the Amazon & Apple RFP ProcessIEDC Annual Conference Learning Lab Atlanta, 2018

Is Your Project Feasible? Developer Asking for Incentives? Learn the Questions to Ask!Race Track Business Conference, Indianapolis, 2017 Motorsports Tourism & EducationALSD Design & Build Conference Miami Beach, 2017 Why Colleges are the Next Big ThingIAVM VenueConnect Panelist Nashville, 2017 Financing Realities for Convention & Arena Projects IEDC Webinar Speaker 2017 Emerging Real Estate Trends for Economic DevelopmentP3 Conference & Expo Dallas 2017 Entertainment Districts: The Glue Creating the Live/Work/Play Environment

Speaking Engagements

Rob Hunden Industry ContributionsArticles

Quoted in Crain’s Chicago Business December 2020

“Chicago Hotel Owners Say Unions Complicate COVID-Era Survival”Shopping Center Business Article December 2019

“Make Way for Mixed-Use Entertainment Districts: Saviors of Malls and Sports Facilities?”Quoted in Hotel Business June 2018 “Sharing Economy vs. Timeshare: Weighing the Costs” Quoted in Successful Meetings June 2018

“What Convention Centers Add to Cities Memphis Miami Las Vegas”City Nation Place May 2018 “Placemaking 101: Lessons from the Amazon Bid” Association of Luxury Suite Directors 2017 “The State of the Industry”Contributor to Urban Land Magazine April 2015 “Making Sports-Oriented Mixed-Use Work” by Patricia KirkContributor to the IEDC Economic Development Journal “Public Subsidies for Headquarter Hotel Development: Are They Necessary?” Guest Editorial for the Indianapolis Business Journal “Can Gary be Great Again?”Indianapolis Business Journal, Crain’s Chicago Business, Meeting News - Quoted, Various 2006 - Present

Teaching Experience & Industry Affiliations Adjunct Instructor at Kendall College Chicago, IL from 2001 - 2004, 2010

Destination Development and Management | Topics in International Tourism | Feasibility StudiesOngoing instructor for International Economic Development Council’s CEcD Real Estate Coursework (IEDC) Nationwide, 2004 - Present Market and Financial Feasibility Studies; Developer Selection Processes; Financing

Hotel of Tomorrow Think Tank The Gettys Group 2020Member/Participant at IEDC; ALSD; Sports ETA; ICMA; ICSC; IAVM; CSEF; Destinations International

Farmer City, IL - Mixed-Use DevelopmentFort Wayne, IN – Harrison Street Live!Fort Worth, TX – Fort Worth StockyardsFort Worth, TX – Texas Trails MonumentFountain Hills, AZ – Mixed-Use DistrictGreat Lakes Bay, MI - Destination Development PlanGreenville, NC - Downtown Redevelopment PlanHampton, VA – Mixed-Use Development PlanIndianapolis, IN - Interstate Mixed-Use DevelopmentIndianapolis, IN – CityWay Mixed-Use District Indianapolis, IN – Emmis Communications HQIndianapolis, IN – Glendale MallIndianapolis, IN – Union Station Renovation

Chicago Navy Pier

KC Power & Light District

Overland Park

Professional QualificationsMixed-Use Destination Districts & Market-Based Planning


Albuquerque, NM – UNM Sports DistrictAshland, KY – Mixed-Use DistrictAspen, CO – Ajax CollectionBasalt, CO – Willits Town CenterBedford Park, IL – Mixed-Use DistrictBentonville, AR – Applegate Agri-Hood ResidentialBillings, MT – Mixed-Use Development Bloomington, MN – Waterpark of AmericaBoca Raton, FL – Glades PlazaBradenton, FL – Entertainment DistrictBranson, MO – Branson LandingCasa Grande, AZ – Motorsports District Chandler, AZ – Wild Horse Pass REDChandler, AZ – WHP Business Organization PlanChester, PA - Stadium & Riverfront DistrictChicago, IL - South Side Mega DistrictChicago, IL – Navy Pier ExpansionChicago, IL – Riverwalk ExpansionChicago, IL – South Side Sports DistrictChicago, IL – Pilsen Neighborhood Mixed-UseClearwater, FL – Downtown Mixed-Use DistrictColumbus, OH – Scioto Mile Destination DistrictDavenport, IA – Riverfront DevelopmentEastvale, CA – Town Center DevelopmentElkhart, IN – Gateway Master PlanFairfax, VA - Mixed-Use Town Center

Sterling, IL - Mixed-Use RedevelopmentSt. Joseph, MO – Downtown Mixed-Use DistrictSuffolk County, NY - Sports Mixed-Use DistrictSun Prairie, WI - Tourism Development Master PlanSwitzerland County, IN – Riverfront DistrictTahoe City, CA - Mixed-Use Redevelopment Tolland, CT – Mixed-Use & Retail Toronto, ON – Woodbine Live!Tupelo, MS – Downtown Mixed-Use DistrictVersailles, KY – Horse Walk of FameWindsor, CO - Tournament Sports Mixed-Use DistrictWorld Trade Center Analyses

Professional QualificationsMixed-Use Destination Districts & Market-Based Planning


Jackson, MS – Mixed-Use Development Kansas City, MO – KC Power & Light DistrictKyle, TX – Downtown Multi-UseLake Michigan Marinas – NWI RDALa Vista, NE – Southport West Live!La Vista, NE – 84th Street Mixed-Use DevelopmentLong Island, NY – Nassau Coliseum Louisville, KY – 4th Street Live!Madison, WI – Alliant Energy Center Master PlanMayfield, KY – WKT Technology Park Michigan City, IN – Trail Creek Mixed-Use Milwaukee, WI – Downtown Entertainment Dist. Milwaukee, WI – Pabst City Critical ReviewOsceola County, FL – AMR Mixed-Use District Ottawa, ON – Lansdowne Park DevelopmentOverland Park, KS - Mega Mixed-Use DevelopmentPawtucket, RI - Stadium & Mixed-UsePikeville, KY – Mining Facility Portsmouth, VA – Downtown Waterfront DistrictRancho Santa Margarita, CA – Mixed-Use Devel.Richmond, VA – Mixed-Use DevelopmentRidgefield, WA – Restaurant & Retail DevelopmentRockford, IL – Davis Park Riverfront Development Roebling, NJ – Mixed-Use Dev elopment South Padre Island, TX – Time-Share/RetailSan Juan, PR – Nightlife & Entertainment District

Louisville 4th Street Live!

Branson Landing

San Juan Distrito T-Mobile

Erie, PA – Warner TheatreFrankfort, KY – Buffalo Trace DistilleryFountain Hills, AZ –Crystal Lagoon Hallandale Beach, FL - Entertainment DestinationHenry County, KY – Patriot BrandsIndianapolis, IN – Murat Centre for the Arts Jefferson, KY – Rabbit Hole DistilleryLaurel, MD - Racetrack Clubhouse La Vista, NE – Amphitheater

Rabbit Hole Distillery, Louisville

Warner Theatre, Erie

Professional QualificationsArts, Culture & Entertainment Facilities


Austin, TX – Walter E. Long Metropolitan ParkBaltimore, MD - Racetrack Clubhouse ExpansionBardstown, KY – Distillery Expansion Impact Burbank, CA – Comedy Fest ImpactBurnaby, BC - Arts & Events CentreBurnsville, MN – Performing Arts Center Cadiz, KY – Watersports Park & Camp GroundCastle Rock, CO – AmphitheaterCave City, KY – Mammoth CampgroundCentral Connecticut – Arena Facility AnalysisChandler, AZ – Wild Horse Pass DevelopmentChicago, IL – Beverly Arts CenterChicago, IL – DuSable Museum ExpansionChicago, IL – Fashion Incubator Chicago, IL – Giordano Dance CompanyChicago, IL – Ogilvie Station RestaurantChicago, IL – Theater Support Facility Chicago, IL – Union Station RestaurantClearwater, FL – Community Cultural CenterClermont, KY – Jim Beam Distillery ExpansionCleveland, OH – Crest CenterCleveland, OH – Jacobs Pavilion at NauticaConway, SC - Riverfront Amphitheater Davenport, IA – Riverfront DevelopmentDenver, OR – Observation Deck

Giordano Dance Chicago

South Padre Island, TX – Amphitheater Switzerland County, IN – Riverfront Development South Padre Island, TX – Time-Share/RetailTrenton, MO – Performing Arts CenterTucson, AZ – Univ. of Arizona Science Center Tupelo, MS – Downtown Entertainment Center Valparaiso, IN – Community Arts CenterWest Memphis, AR - Waterpark & EntertainmentWilliamstown, KY – Ark Encounter Theme Park

Professional QualificationsArts, Culture & Entertainment Facilities

Lawrenceburg, KY – Wild Turkey Visitor CenterLoretto, KY – Maker’s Mark Distillery Louisville, KY Angel’s Envy Distillery ExpansionLouisville, KY – Mega CavernLouisville, KY – Bluegrass Amusement ParkLouisville, KY – Kentucky Kingdom Theme ParkLouisville, KY – Jim Beam Urban StillMatteson, IL – Lincoln Mall R/E AnalysisMichigan City, IN – Blue Chip Casino & ResortMillville, KY – Peristyle DistilleryNew Braunfels, TX - Event CenterNewport, KY - Newport on the Levee Newport, KY – New Riff Distilling Newport, KY – HofbräuhausNewport, KY – Newport AquariumPhiladelphia, PA – Observation DeckPhoenix, AZ – Margaret T. Hance ParkPine Ridge, KY – Cultural Arts CenterPlacer Valley, CA - Entertainment Event Center Pocatello, ID – Multipurpose Event FacilityPortage, MI - Amphitheater Ridgefield, WA – Casino Entertainment Venue Rockford, IL – Davis Park Entertainment VenueShelbyville, KY – Bulleit Distilling Co. Expansion Skokie, IL – Northlight Theatre

Ark Encounter Theme Park

Kentucky Kingdom

Blue Chip Casino & Hotel, Michigan City


Madison, WI - CXC Outdoor Rec & Sports Center Medfield, MA – Parks & Recreation NeedsMonroe, MI – Arena Reuse Multisport Morehead, KY – Recreation Facility Newnan, GA – Youth Sports ComplexOrange County, FL – Indoor Sports ComplexOsceola County, FL – Sports Facility Needs Overland Park, KS - Sports ComplexPalatine, IL – Park District Facility Needs Pierce County, WA - Sports Event Analysis Pueblo, CO Sports & Recreation FacilityPuerto Rico - Outdoor Sports ComplexRancho Santa Margarita, CA – Sports FacilityRockford, IL – Indoor Sports Complex Saginaw, MI – Youth SportsplexSnohomish County, WA – Sports Complex Westfield, IN – Grand Park SportsplexWest Cook, IL - YMCA RedevelopmentWest Lafayette, IN – Indoor Recreation & Aquatics Williamson County, TN – Youth & Amateur SportsWindsor, CO - Baseball Stadium & Sports ComplexWindsor, ON – Sports Complex

Professional QualificationsYouth/Amateur Sports & Recreation Facilities


Bettendorf, IA – Aquatics & Recreation Center Castle Rock, CO – Recreation/Sports ComplexChicago, IL – Chicago Park District Multiple StudiesCincinnati, OH – Regional Sports Analysis Collier County, FL - Tournament Sports Complex Danville, VA – Youth Sports Complex Dearborn, MI - Multipurpose Sports ComplexDuPont, WA – Sports Complex Analysis Elkhart, IN – Youth Sports ComplexElmhurst, IL – Multipurpose Indoor Sports Fishers, IN – Youth Sports Complex & Hockey ArenaFloyd County, IN - Sports Facility Needs Fort Collins, CO – Sports Facility Needs Grand Rapids, MI – Sports Facility Needs Green Bay, WI - Multi-Use Sports ComplexGulf Shores, AL – Sports Facility NeedsHenderson, KY – Recreation/Sports ComplexHolland Charter Township, MI – Recreation CenterIndianapolis, IN – Youth Sports ComplexIrvine, CA – Great Park Sports ComplexJefferson Parish, LA – Youth Sports ComplexJoliet, IL – Huskies Hockey Arena Kane County, IL – Cross Country TrackLacey, WA – Indoor Sports Facility Feasibility Laconia, NH - Outdoor Sports Complex Las Vegas, NV – Sports Facility Needs Assessment La Vista, NE – Aquatic Facility & Youth SportsLexington, KY – Youth Sports Facility

Westfield Grand Park Sports Campus

West Lafayette Aquatics Center

Mobile, AL – University of South Alabama Stadium Nashville, TN – Music City MotorplexNewnan, GA - Baseball StadiumNewton, IA – Iowa Motorsports SpeedwayNorthwest Arkansas - ArenaOrlando, FL - Multi-Use Sports & Event Center Overland Park, KS - Arena Owensboro, KY – Arena Phoenix, AZ – Margaret T. Hance ParkRacine, WI – Arena Rockford, IL - Arena ImpactSacramento, CA – Golden 1 CenterSalinas, CA – Laguna Seca RacewaySan Diego, CA - Chargers Stadium & Convention Sparta, KY – Kentucky SpeedwaySt. Joseph, MO – Civic ArenaSuffolk County, NY - Arena Mixed-Use PlanTucker, GA - Soccer Stadium Valparaiso, IN – ArenaWashington D.C. - Arena West Carrollton, OH – Arena & Event CenterWyandotte County, KS – Arena

Professional QualificationsMajor/Minor League Stadium & Arena Developments


Albuquerque, NM – Arena Athens, Greece – Olympic ArenaAugusta, GA - ArenaAustin, TX – Equestrian Arena/Expo Bentonville, AR – Velodrome Feasibility Chandler, AZ – Wild Horse Pass Motorsports ParkChelan, WA – Outdoor Ice Pavilion FacilityChester, PA - Pro Soccer Stadium & DistrictChicago, IL – Gay Softball World SeriesChicago, IL – Golf Course RenovationCollier County, FL – Golf Course Needs Assessment DeSoto County, MS – Ice ArenaEau Claire, WI - Arena & Event FacilityFishers, IN - Arena & Sports ComplexFlat Top, WV – Winterplace Ski Resort ExpansionFort Wayne, IN – Downtown Arena Fort Worth, TX – Texas Motor SpeedwayFort Worth, TX – Stockyards Equestrian Facilities Goshen, IN – Multi-Use Ice PavilionHampton Roads, VA - ArenaIndianapolis, IN – Bankers Life FieldhouseIndianapolis, IN – Indiana Pacers ImpactIndianapolis, IN – RCA DomeJoplin, MO – Arena Kansas City, MO – Sprint Center Long Island, NY – Nassau ColiseumLubbock, TX – Minor League Baseball Stadium

Indianapolis Bankers Life Fieldhouse

Sonnentag Event Center Eau Claire

Greenville, SC – Convention CenterHamilton County, IN – Fairgrounds Harrison County, IN – FairgroundsHouston, TX - Event & Expo CenterHuntsville, AL - Conference & Event CenterIdaho Falls, ID – Event Center Indianapolis, IN – Convention Expansion Ithaca, NY – Conference Center Phases I & IIJackson, MS – Convention/Telecom CenterJamaica – Conference Center Jeffersonville, IN – Convention Center

Professional QualificationsConvention & Conference Centers, Expos & Fairgrounds


Austin, TX – Travis County Expo CenterBeloit, WI – Conference Center Bentonville, AR – Convention Center & HotelBillings, MT MetraPark ExpansionBloomington, IN – Convention Center Expansions Branson, MO – Convention CenterBryan-College Station, TX – Convention CenterBurbank, CA – Conference Center Chester County, PA - Conference & Event CenterChicago, IL – South Side Conference CenterClearwater, FL – Convention CenterCleveland, OH – CREST CenterColumbia, SC - Convention Center Expansion Coralville, IA – Convention CenterCorydon, IN – Conference CenterCrawford County, KS - Conference CenterCyprus – Conference CenterDeSoto County, MS – Civic Center ExpansionDurham, NC – Civic CenterEau Claire, WI – Convention Center & ArenaElizabethtown, KY – Convention CenterEnid, OK – Convention & Event CenterFort Worth, TX – Convention Center Expansion Franklin, TN - Conference CenterFuquay-Varina, NC – Conference Center

Branson Convention Center

Indiana Convention Center

Columbia Metropolitan Convention Center

Springfield, MO – New Convention Center St. Charles, MO – Convention Center/Expansion St. Joseph, MO – Convention Center & HotelSt. Louis, MO – SLU Busch Student Union Thornton, CO – Convention CenterToronto, ON – National Trade CentreValparaiso, IN – Convention CenterWeber County, UT Conference Center

Professional QualificationsConvention & Conference Centers, Expos & Fairgrounds


Kalamazoo, MI – Convention CenterKitsap County, WA – Fairgrounds Loveland, CO – Conference CenterLouisville, KY – Kentucky Expo CenterLynnwood, WA - Convention Center Expansion Memphis, TN – Convention CenterMichigan City, IN – Blue Chip Casino Missoula, MT – Event CenterNashville, TN – Tennessee State FairgroundsNew York City, NY – Pier 94Osceola County, FL – Convention Center Phoenix, AZ – Civic Plaza Portland, OR – Portland Expo CenterPueblo, CO – Convention CenterPutnam County, GA – Convention CenterRising Sun, IN – Rising Star Casino ResortRockford, IL – Convention Center San Diego, CA – Convention Center Show Low, AZ – Convention Center Sidney, NE – Conference Center Snowmass Village, CO – Conf. Center & HotelSouth Bend, IN – Century CenterSouth Padre Island, TX – Conv. Ctr. ExpansionSpearfish, SD – Convention Center Springfield, MO – Exposition Center

Lynnwood Convention Center, Washington

Fort Worth Convention Center

Bayfront Convention Center, Erie

DoubleTree by Hilton, Evansville

Marriott, Indianapolis

Ramada Oasis, Springfield

Professional QualificationsConvention & Headquarter Hotels


Amarillo, TX – Convention Hotel, 300 RoomsBangkok – Convention Hotel, 600 RoomsBloomington, IN – Convention Hotel, 250 RoomsBranson, MO – Convention Hotel, 294 RoomsBryan-College Station, TX – Conv. Hotel, 250 RmsChicago, IL – McCormick Place, 800 Rooms Clearwater, FL – Convention Hotel, 350 RoomsCoralville, IA – Marriott, 250 RoomsDurham, NC – Convention Hotel, 390 RoomsEnid, OK – Convention Hotel, 125-150 Rooms Erie, PA – Bayfront Sheraton, 210 RoomsEvansville, IN – Convention Hotel, 253 RoomsFort Wayne, IN – Courtyard by Marriott, 250 RmsFort Worth, TX – Omni, 1,000 RoomsFresno, CA – Convention Hotel, 400 RoomsIndianapolis, IN – Marriott, 615 RoomsJeffersonville, IN – Convention Hotel, 225 RoomsKalamazoo, MI – Convention HotelLouisville, KY – Galt House Hotel, 1,300 Rooms

Professional QualificationsConvention & Headquarter Hotels


Madison, WI – Convention Hotel, 400 RoomsMemphis, TN – Convention Hotel, 1,000 RoomsMinneapolis, MN – Convention Hotel, 1,200 RmsNew York, NY – The New Yorker Hotel, 1,000 RmsOsceola County, FL – Convention Hotel, 800 RmsOwensboro, KY – Convention Hotel, 150 RoomsPalm Beach County, FL – Conv. Hotel, 400 RoomsPaducah, KY – Convention HotelRockford, IL – Convention Hotel, 250 RoomsSalt Lake City, UT – Convention Hotel, 1,000 RmsSavannah, GA – Convention Hotel, 500 Rooms Sioux City, IA – Convention Hotel, 188 RoomsSouth Padre Island, TX – Convention Hotel Springfield, MO – The Ramada Oasis St. Joseph, MO – Convention Hotel, 200 RoomsSyracuse, NY – Convention Hotel, 350 RoomsThornton, CO – Convention Hotel, 350 RoomsTucson, AZ – Hilton Hotel, 400 RoomsTunica, MS – Myriad Resort, 1,500 Rooms

Sheraton Erie Bayfront Hotel

Hilton, Branson

Fort Worth Omni

Kansas City, MO - Ambassador Hotel, 113 Rooms

Louisville, KY – Arena Hotel, 425 RoomsLouisville, KY – KFEC Hilton, 210 Rooms Loveland, CO – Conference Hotel, 200 Rooms Mansfield, TX – Conference Hotel, 200 RoomsMorehead, KY - Full-Service Marriott, 115 RoomsMuskogee, OK – Conference Hotel, 130 RoomsNewport, WA - Conference Hotel, 100 RoomsOmaha, NE – Blackstone Hotel, 170 RoomsOwensboro, KY – Hampton & Holiday Inn, 150 RoomsPeoria, IL – Castle Lodge, 175 RoomsPeoria, IL – Pere Marquette Hotel, 280 RoomsPaducah, KY – Conference Hotel, 124 RoomsSkokie, IL – North Shore Hotel, 367 RoomsSomerset, KY – Conference Hotel, 105 RoomsSpringfield, MO – Conference Hotel, 250 RoomsSt. Cloud, MN – Full-Service Hotel, 180 RoomsSt. Joseph, MO – Conference Hotel, 200 RoomsSun Prairie, WI – Conference Hotel, 150 Rooms

Professional QualificationsConference Center & Full-Service Hotels


Abilene, TX – Full-Service Hotel, 160 Rooms

Amarillo, TX – Herring Hotel, 157 Rooms

Belton, TX – Conference Hotel, 150 Rooms

Bentonville, AR – Conference Hotels, 300 Rooms

Bismarck, ND – Conference Hotel, 200 Rooms

Boca Raton, FL – Conference Hotel, 165 Rooms

Burbank, CA – Conference Hotel, 250 Rooms

Burr Ridge, IL – Full-Service Hotel, 178 Rooms

Charlotte, NC – NC Music Factory, 200 Rooms

Chicago, IL – Navy Pier Hotel, 225 Rooms

Chicago, IL – Sports District Hotel, 220 Rooms

Chicago, IL – Union Station Hotel, 320 Rooms

Columbus, IN – Conference Hotel, 140 Rooms

Corydon, IN – Conference Hotel, 150 Rooms

Covington, KY – Hotel Covington, 114 Rooms

Eastvale, CA – Downtown Hotel, 150 Rooms

Elkhart, IN – Downtown Full-Service Hotel

Evansville, IN – Hyatt Place, 139 Rooms

Fort Wayne, IN – Airport Hotel, 150 Rooms

Fort Worth, TX – Stockyards Full-Service, 200 Rms

Frederick, MD - Full-Service Hotel, 230 Rooms

Greenfield, IN – Conference Hotel, 100 Rooms

Gurnee, IL – Key Lime Cove Waterpark, 414 Rooms

Hampton, VA – HQ Hotel, 250 Rooms

Hopkinsville, KY – Full-Service Hotel, 100 RoomsIdaho Falls, ID – Hotel Impact Analysis

Curio Collection by Hilton Navy Pier

Ambassador Hotel, Kansas City

Santa Cruz, CA – Site Analysis, 120 RoomsSnowmass Village, CO – Viceroy, 173 RoomsStevens Point, WI – SentryWorld Hotel St. Louis, MO – Green Street Armory District Tishomingo, OK – Boutique Hotel, 60 RoomsWhitesburg, KY – Boutique Hotel, 45 Rooms Wichita, KS – Commodore Hotel, 63 RoomsWinthrop Harbor, IL – Boutique HotelWoodridge, IL – Avid Hotel, 95 Rooms

Professional QualificationsBoutique, Resort & Other Hotels


Amarillo, TX – Autograph Hotel, 112 RoomsAspen, CO – Hotel, 48 RoomsBasalt, CO – Hotel, 120 RoomsBentonville, AR – 21c Hotel, 120 RoomsBoca Raton, FL – Boutique Hotel, 85 RoomsCarlsbad, CA – Resort HotelCarrollton, TX – Hotel Complex, 250 Rooms Charlotte, NC – South End Hotel, 120-150 RoomsChicago, IL – Castillo Hotel, 100 RoomsChicago, IL – Presidential Towers, 250 RoomsCollier County, FL - Waterpark Resort, 500 RoomsCovington, KY – Boutique Hotel, 114 RoomsDurham, NC – 21c Hotel, 120 RoomsElkhart, IN – Boutique Hotel, 90-120 RoomsFort Worth, TX – Boutique HotelFulton County, NY – Lakeside Hotel, 90 RoomsGlade Springs, WV – Resort, 203 Rooms Kansas City, MO – Grand Hotel, 50 RoomsLexington, KY – 21c Museum Hotel, 92 RoomsLexington, KY – Horse Park Westin, 270 RoomsLouisville, KY – 21c Museum Hotel, 90 RoomsLouisville, KY – Galt House Hotel, 1,300 RoomsMilwaukee, WI – Palomar Hotel, 175 RoomsParkersburg, WV – Blennerhassett Hotel, 89 RmsRising Sun, IN – Rising Star Casino, 400 RoomsRochester, MN – Downtown Hotel, 200 Rooms

Lexington 21c Museum Hotel

Durham 21c Museum Hotel

Norwalk, CT - On-Call Consultant Pittsburgh, PA - On-Call Consultant San Juan, Puerto Rico – Entertainment DistrictSioux City, IA – Convention Hotel Sioux City, IA - Historic Badgerow BuildingSkokie, IL – Skokie Northshore St. Joseph County, IN – Sports Complex Tulsa, OK - Mixed-Use DevelopmentArkansas Downtown Development LegislationKentucky Tourism Development ActKentucky KIRA/TIF Incentive ReviewsMississippi Tourism Development Legislation Nebraska Economic Development LegislationWest Virginia Tourism Legislation

Fort Worth Convention Center & Omni Hotel

Professional Qualifi cationsRFQ/P Developer Selection Processes & Legislation Development


Amarillo, TX – Convention HotelBatavia, IL – Retail PlazaBedford Park, IL – Multi-Use Event Center Chandler, AZ – Wild Horse Pass Entertainment District & Business Organization Plan Charlotte, NC - On-Call ConsultantChicago, IL – Navy Pier Hotel Collier County, FL – Sports Complex DeveloperColumbus, IN - Conference Center Hotel & GroceryColumbus, OH – Scioto Peninsula Mixed-Use Durham, NC – American Tobacco District HotelDurham, NC – Convention Center ManagementEnid, OK – Convention Center Hotel Erie, PA – Convention HotelEvansville, IN – Convention & Arena HotelEvergreen Park, IL – Evergreen PlazaFarmer City, IL - Mixed-Use DeveloperFort Worth, TX – Convention HotelHarrison County, IN – Conference Center & HotelIndianapolis, IN – Convention Center MarriottKentucky – Kentucky Arts & Heritage CabinetLaVista, NE – Mixed-Use Entertainment DistrictMemphis, TN – Cook Convention Center Michigan City, IN – Mixed-Use Developer Michigan City, IN – North End Gateway PlanMichigan City, IN – Lakefront Hotel DeveloperNevada - On-Call Consultant

Wild Horse Pass Restaurant & Entertainment District

Tulsa Arts Mixed-Use District

Professional QualificationsArea Plans & Transportation-Oriented Developments


Albuquerque, NM – UNM Sports District Birmingham, AL – Bus Rapid Transit Bradenton, FL – Entertainment District AnalysisCasa Grande, AZ – Motorsports District AnalysisCharlotte, NC – South End DevelopmentChicago, IL – Chicago Riverwalk Expansion Chicago, IL – Midway Airport Parking StudyDavenport, IA – Riverfront DevelopmentDubois County, IN - Mid-States Interstate Corridor Elkhart, IN – Gateway Master PlanFort Worth, TX – Destination District AnalysisGrand Rapids, MI – Streetcar Real Estate AnalysisHampton, VA – Downtown/Riverfront AnalysisLouisville, KY – Mixed-use District AnalysisMichigan City, IN – Lakefront & North End PlanMichigan City, IN – Trail Creek AreaNew York, NY – LaGuardia Airport Parking StudyNW Indiana Regional Development Authority, Including Gary, Whiting, Hammond, PortagePikeville, KY – Excel Mining KIRA ReviewPortsmouth, VA – Downtown/Riverfront AnalysisSun Prairie, WI - Tourism Development PlanTemple, TX - Destination Development Plan

Hampton Waterfront

LaGuardia Airport

Chicago Riverwalk

Chicago Mixed-Use District Economic Impact Analysis Chicago, Illinois

Hunden Strategic Partners (HSP) was engaged by a private developer to provide an economic impact analysis of a proposed $ . b i l l i o n 62-acre mixed-use development on the south side of Chicago. During the analysis, HSP provided full market analytics with independent analyses of how each component of the project would perform in the Chicago market.

The Project plans include: § Riverfront and Public Green Space,§ Commercial/Office,§ Residential,§ Retail, and§ Restaurants.

HSP examined each market and provided a comprehensive economic, fiscal and employment analysis with full projections and financial modeling including the identification of incentives and applicable tax credits. The Project is currently proceeding towards development.

Client: Private Developer Time Period: 2018

Mid-States Corridor Project Economic Impact Analysis Dubois County, Indiana

Hunden Strategic Partners worked with Grow Dubois County to prepare an economic impact analysis related to a proposed highway-grade connection that will connect Nashville via I-65 with western Michigan via I-196. Grow Dubois County is specifically interested in the portion of the I-67 corridor, known as the Mid-States Corridor, from south central Indiana to western Kentucky. The purpose of the study was to determine the economic impact that the Mid-State Corridor would have on Dubois County.

HSP completed a multi-phased economic, fiscal, and employment impact analysis of the proposed Corridor on the County. The first phase of analysis focused on the routes in Dubois County, as well as areas which may experience changes in traffic patterns due to the project. Counties within the Corridor study area include Spencer, Dubois, Perry, Warrick, Pike, Daviess, Crawford, Orange, Martin, Lawrence, Greene, and Monroe. This region was assessed at a high-level, with impacts to Dubois County projected.

HSP’s study considered both a western corridor and eastern corridor alignment. There will likely be an economic benefit to either corridor, but additional benefits of the east or west corridors will be considered. The second phase of analysis will include economic impacts for additional counties outside of Dubois, more specific routes, precise projections, and additional research to lead to route-specific implications.

Client: Grow Dubois County Time Period: 2020

Chester Waterfront Master Plan – Mixed-Use District & Soccer Stadium Feasibility & Economic Impact Chester, Pennsylvania

Hunden Strategic Partners (HSP) worked with planning and design professionals at NBBJ to prepare a master plan for a section of the Delaware River Chester waterfront. The goal of the plan is to build upon the existing assets, which include:

§ The 18,500-seat Talen Energy stadium, § The Delaware River, § The Commodore Barry Bridge and Barry Bridge Park, § The 1.5 mile Chester Riverwalk, part of the East Coast Greenway, and § The 400,00-square foot Wharf office building

The Riverfront Alliance is looking to make the area more than just a place to go to work or to see a soccer game. The specific target area extends from Highland Avenue to the Delaware River, from Norris Street to Route 291. In addition, major corridors, such as Flower and Engle Street, providing direct connections to the waterfront were considered as part of the planning area. The master plan addressed in-depth market conditions and reuse options, land use, parking demand and analysis, transportation and trail alignment and connections, environmental and maritime issues, landscape architecture and enhancement of public spaces.

Client: Riverfront Alliance of Delaware County Time Period: 2019

Chicago Navy Pier Restaurant, Retail & Hotel Expansion; Developer & Operator Solicitation Process Chicago, Illinois

HSP conducted numerous studies and processes for Navy Pier, Inc. related to its renovation and expansion, including deal development and developer/operator selection for a major new Curio hotel onsite. HSP analyzed the expansion plan, conducted public sector risk analysis, and projected the future results of all revenue streams, which include:

§ Tour Boats § Restaurants, Retail, Kiosks and Carts, Attractions & Pier Park Rides § Advertising & Sponsorships § Festival Convention Hall Events, Ballroom Food & Beverage § Special Events & Entertainment; Nightlife District § New Boutique Hotel

In addition to the market feasibility and financial projections, HSP projected the new tax impacts of the project on city, county and state. HSP also conducted the hotel developer and operator selection process. This process included creation of the hotel developer RFQ/P documents and management and promotion of the solicitation process. HSP also conducted interviews with the shortlisted firms, conducted evaluations and rankings, and negotiations with the top-ranked firm. The resulting project was financed, built, and opened as the Sable Hotel at Navy Pier in late 2020. The food and beverage operations of both the hotel and Navy Pier are massive and critical to the success of the projects. The rooftop deck associated with the hotel is among the largest in the world.

Client: Navy Pier, Inc. Time Period: 2013 - 2017

USL Stadium & Mixed-Use Riverfront Redevelopment Pawtucket, Rhode Island

HSP is performing a market and financial feasibility study, as well as an economic, fiscal, and employment impact analysis related to TIF recapture, in connection with elements of a proposed mixed-use redevelopment plan along the riverfront in Pawtucket.

The Client is interested in emphasizing and supplementing the growing interest in soccer in the Pawtucket and Rhode Island Region. The project is proposed to have a new state-of-the-art, 10,000-seat USL stadium as an anchor and home to the newest USL franchise. The stadium, in tandem with the other mix of elements in the proposed project, is proposed to draw residents and visitors alike to downtown Pawtucket and establish the area as a world-class tourism destination.

Other elements in the mixed-use riverfront development include an indoor flexible event space, 120-200 room hotel, retail, office, residential, and parking spaces.

HSP is analyzing United Soccer League and USL stadium industry trends, the USL stadium market potential in Pawtucket and comparable market and stadium performance, as well as local and regional sports facility supply and demand and tournament opportunity. The extensive market research on all of the proposed uses will lead to implications for the client’s site plans and recommendations for any program changes.

Finally, HSP will conduct demand and financial projections and economic, fiscal, and employment impact projections for the recommended mix of uses.

Client: Private Client Time Period: 2020 – Present

Food Hall & Mixed-Used Development Study Nashville, Tennessee

HSP worked with a private client to perform a real estate market demand analysis and feasibility study for a new mixed-use development Nashville. The study included market validation for the appropriate amount and mix of uses to be sure that the development is feasible in the marketplace, is realistic and still contains the compelling mix of uses, nodes and anchors that will sustain the area for the next generation.

As a main focus of the study, HSP profiled unique and interesting food and beverage options including food halls, restaurants and public markets. HSP profiled a number of potential options and interviewed operators of some of the most unique food hall options in the United States. The study also reviewed additional uses including:

§ Hospitality, § Retail/Shopping, § Residential Units, § Office Space, § Entertainment, § Green Space and Parking.

The goal of the study was to plan the strongest most economically viable mixed-use district possible.

Client: Private Developer Time Period: 2018

Dallas New Texas Rangers Stadium Impact Dallas, Texas

Hunden Strategic Partners (HSP) performed an economic, fiscal and employment impact analysis for two specific projects within Dallas: the proposed expansion of the Kay Bailey Hutchison Convention Center and the potential development of a new MLB park for the Texas Rangers in the Dallas city limits.

The Kay Bailey Hutchison Convention Center was proposed to be renovated and expanded to include a new major ballroom, numerous new breakout meeting rooms and an overall renovation to elevate the aesthetic and functional quality of the entire building.

The Texas Rangers Ballpark portion of the analysis examined the possible development of a new MLB park in downtown Dallas. From the perspective of the ballpark proponents, recapturing local Dallas spending that was currently going to Arlington was the goal, as well as the expected synergistic development and spending that would occur around a new ballpark in Dallas.

HSP examined how the projects would impact the city in terms of new spending, taxes and employment. The study also included a comparison of other MLB stadium deals and what level of support the public sector would likely need to provide in order to lure the team to downtown and in a new stadium.

Client: City of Dallas Time Period: 2015

George Mason University Mixed-Use Town Center Review Prince William County, Virginia

Hunden Strategic Partners is working with the Prince William County Department of Economic Development to evaluate a market study and financial proformas for a new mixed-use development in Fairfax, Virginia.

The proposed development is a mixed-use town center on 24-acres of County-owned land adjacent to the George Mason University Science and Technology Campus. The project is proposed to include the following components:

§ Student housing residential units, § Multi-family residential units, § More than 1 million square feet of commercial space, and § A hotel development.

The purpose of the project is to re-envision Innovation Park and create a viable mixed-use community that will attract and support the business, science and technology investment long planned for the area. The project site is an optimal location for this mix of uses to transition from existing to future cultural and educational facilities on the university campus and employment opportunities beyond.

HSP is conducting a third-party review of the developer’s proposal and financial proforma materials. HSP’s review will validate the development plan and/or suggest modifications, if necessary.

Client: Prince William County Department of Economic Development Time Period: 2020 - Present

USL Stadium, Mixed-Use Development, & Arena Studies Suffolk County, New York

HSP is working with BJH Advisors to perform a real estate market demand analysis and feasibility study as part of the Ronkonkoma Vision Project for a new mixed-use development near the Ronkonkoma Station on the Long Island Railroad. The study includes market validation for the appropriate amount and mix of uses to be sure that the development is feasible in the marketplace, realistic, and still contains the compelling mix of uses, nodes and anchors that will sustain the area for the next generation.

The study contains estimates of supply and demand for the following uses: USL stadium, arena, convention and meeting/tourism facilities, youth sports complex, convention hotel, office, medical, restaurant, multifamily, and retail. HSP’s work will provide historic and projected demand in all of these categories, and an analysis of the estimated demand and financials of the recommended mix of uses.

As noted above, the study will include an assessment of the potential for a new USL stadium as part of the mixed-use development. The current estimate for size range of this asset is 5,000 – 7,000 seats. HSP’s research to this point has revealed that the lack of professional sports tenants in the Long Island area presents an opportunity to attract multiple minor league sports tenants to the development. A mid-sized stadium should be designed with the ability to accommodate a tenant to generate consistent event days.

At the conclusion of the study, Suffolk County will have a comprehensive understanding of the highest and best uses for the site, the future market potential and the feasibility for all of the viable potential uses outlined.

Client: Suffolk County Time Period: 2019 - 2020

Downtown Mixed-Use Redevelopment Analysis: Convention Center, Hotel, Event & Entertainment Study Richmond, Virginia

HSP worked in tandem with the City of Richmond and Davenport and Company to study a $1.1 billion downtown redevelopment district. The proposed development includes the following elements:

§ New convention center headquarter hotel,§ Blues Armory renovation, to be repurposed as a music venue, and restoring its historic role as

a food market,§ New arena with approximately 17,500 seats, and§ Active streets, including raising Leigh Street to grade level, which will enhance new, privately

developed uses including: residential, retail, research, office, and hospitality.

HSP conducted an independent analysis of how each component of the development would perform in the Richmond market and provided demand projections and financial models to ensure a thorough feasibility assessment. HSP also conducted an economic, fiscal and employment impact analysis to determine the projected impact that the potential development and TIF district would have on the community.

The Project would open up the downtown corridor north of Broad Street that is currently cut off from neighborhoods, such as the Jackson Ward, increasing foot traffic and recreational time spent in the area. The Project would set Richmond apart from other cities in the region by increasing the city’s capability to host national scale events at the GRCC and in the new arena.

Client: City of Richmond Time Period: 2018

Mixed-Use Feasibility Study; Developer Selection Tulsa, Oklahoma

HSP is currently finishing a developer selection process for the Tulsa Parking Authority for a key one-acre site in the Arts District.

Study. The developer attraction and selection process followed a real estate market demand analysis, highest and best and financial feasibility study for a new mixed-use development in Tulsa, Oklahoma. The study included market-based and financially-supportable recommendations for the appropriate amount and mix of uses that would further the vision for the district. The study also included an analysis of the estimated demand and financials of the proposed mixed-use project, as well as a feasibility gap analysis. HSP suggested the amount of financial incentives that would need to be used to attract a quality, vertical development.

Developer Attraction & Selection Process. HSP managed the developer solicitation and selection process in order to attract the most qualified mixed-use developer to the Project site and to Tulsa. The city was interested in bringing in qualified non-Tulsa developers in addition to local developers. As a result of HSP’s work, nearly 100 parties downloaded the RFQ. Approximately 40 people participated in the pre-response tour. The TPA received six high quality responses, including non-Tulsa teams that had not developed projects in Tulsa previously. Four of the most qualified groups were shortlisted to receive the Request for Proposals, including new-to-Tulsa developers. The TPA via Hunden received four high-quality proposals and the interviews and selection process was completed as of early April 2020. The TPA is now under negotiations with the selected developer.

Client: Tulsa Parking Authority Time Period: 2019 - 2020

Glamping & Urban Hotel Retreat Studies & Advisory Bryan-College Station, Texas

HSP provided market analysis, financial analysis, financing and investment due diligence and underwriting for a multi-hotel investment by a private equity firm. In addition, HSP advised the client on the franchise and management agreements and negotiations. The hotel projects are unique and compelling urban retreat hotel and glamping projects located in Texas and developed within the past ten years. The hotels are part of the Valencia Hotel Group and include the Cavalry Court and the George, both located in College Station, Texas.

Cavalry Court, set on approximately four acres, is focused on authentic Americana. Set in the heart of Aggieland, the urban retreat blends luxury and modern amenities, all rooted deep in Aggie traditions. The hotel includes exterior corridors with rocking chairs, lawn games, bicycles, poolside cabanas, and a beautifully landscaped courtyard with fire-pits throughout. Indoor and outdoor games and food trucks expand the experience for guests and include ping pong, cornhole and washers.

The George hotel is steeped in an atmosphere of authentic Texas charm, bringing a sophisticated flair all its own to the Brazos Valley. The 162-room luxury boutique hotel is located in College Station's most vibrant community, Century Square, a walkable 60-acre mixed-use destination offering the city's best in retail, dining and entertainment venues. The luxurious 4-Star hotel in Bryan-College Station offers a unique, curated experience that harkens back to College Station's days as a rail stop before the area was synonymous with Texas A&M University.

The hotels were developed, are successfully operating, and have won numerous awards.

Client: Private Equity Group Time Period: 2015

Bentonville Agrihood Feasibility Study; Study Update Bentonville, Arkansas

HSP worked with Green Circle Projects of Springfield, Missouri on two separate projects to study and assist in the planning of a potential agrihood development in Bentonville, Arkansas. This “agrihood” development is a new concept that is still in the discovery phase across the nation. A primary source of working knowledge came from understanding similar agrihood and/or pocket neighborhood developments nationwide.

As part of the study, HSP determined the opportunity for a variety of uses, including residential and commercial, by analyzing the market potential on a local, regional and national scale. The residential component included an analysis of the supply and demand, prospective renters/buyer’s preferences in housing development amenities, and residential trends that may impact the development. Additionally, HSP was tasked with studying the organic food market to the degree that it affects the development of a commercial space, such as a farm-to-table style restaurant concept or other small convenience-oriented grocery. HSP studied new local developments that were trend-setters in the market, as well as progressive agri-hoods nationwide.

At the end of 2017 into 2018, HSP was retained again by Green Circle Projects to complete an update to the original market study completed for the agrihood development. As part of the update, HSP specifically looked at employment and workforce housing statistics, market share and absorption rates, supply and demand trends, updated proposed program compared to competitors, and recommendations.

This project, the first agrihood in Arkansas, was developed, fully realized and successfully opened as the Red Barn apartments and townhomes neighborhood just minutes from downtown Bentonville. The community is centered around an urban farm and bike trails.

Client: Green Circle Projects Time Period: 2016; 2017 - 2018

Chicago French Market Analysis & Strategic Plan Chicago, Illinois

Hunden Strategic Partners was engaged by the Chicago French Market (operated by the Paris –based Bensidoun family) to conduct a market analysis and assist in the refinement of the business plan, as well as provide strategic growth recommendations.

The 15,000-square foot Chicago French Market opened in 2009 inside the Ogilvie Transportation Center, a commuter train hub that serves 200,000 people every day. The market is designed to evoke classic French markets that sell fresh produce, baked goods and prepared foods to commuters and nearby residents. The Bensidoun family, the largest operator of outdoor markets in Paris, brought their knowledge to Chicago to emulate this experience.

As part of its analysis, HSP sought to understand the target audience of the Market and how to best position the Market to be successful in the future. This included a survey of over 700 consumers, tenants and key influencers to gauge the opinion of current conditions and provide suggestions for improvement. Comparable facilities around the country were identified and best practices were studied.

At the conclusion of its analysis, HSP recommended that the market reposition its brand within the community and undertake renovations to appeal to a broader market base. Many of HSP’s recommendations have been enacted and performance has improved markedly.

Client: Chicago French Market Time Period: 2011

Major Mixed-Use Development Feasibility & Impact, Including a Minor League Hockey Arena Overland Park, Kansas

HSP worked with the City of Overland Park on market, feasibility, economic impact, retail sales, and sales tax studies for the proposed Bluhawk master development. The project is set for development on 100 acres of land located between 159th Street, 167th Street, US Highway 69 and Antioch Road. One of the main anchor components of the project is the multi-sport complex. An approximately 300,000 square-foot multi-sport indoor athletic complex for regional sports tournaments and local sports leagues, practices and community wellness, the Multi-Sport Complex will be designed and operated to attract and host sporting events and tournaments for multiple sports, including local, regional and national hockey, basketball, volleyball, soccer, and futsal tournaments, practices, and clinics. The Multi-Sport Complex will also include supporting amenities that will serve both participants and spectators, including without limitation, food services, team meeting and party rooms, and viewing mezzanines overlooking the fields and courts.

The sports park will be one piece within the mega mixed-use development that is also set to include a 3,500-seat arena/civic and community center to host sporting events and concerts, retail, restaurant and entertainment space, a neighborhood shopping center, three new hotel developments, class A office space, and residential multifamily developments. The project is seeking use of various public tax investments, including Sales Tax Revenue (STAR) bond financing, Community Improvement District (CID) financing, and Transportation Development District (TDD) financing. HSP’s analysis will include projections related to the use of these public investment tools.

Client: City of Overland Park Time Period: 2019 - 2020

Great Park Sports Tournament Complex, Mixed-Use Feasibility & Impact Studies Irvine, California (Orange County)

Hunden Strategic Partners worked with a private developer to study the development of a multi-use 200-acre sports complex on the site of a former Marine Corps Air Station in Orange County, California. HSP also assessed the need for hotel, restaurant and retail development for competitive developments in order to help the developer understand needs and expectations for the walkable area around Great Park. Great Park is the centerpiece of a larger residential mixed-use development. The athletic complex includes 25 multi-use fields (soccer, lacrosse, field hockey) including 2,500-seat championship field; 25 tennis courts including championship court; 7 Baseball & 5 Softball Fields, including championship fields; 10 sand volleyball courts; and 10 multi-use courts (paddle tennis, badminton, volleyball, basketball).

HSP conducted a review of competitive and comparable sports facilities in the area, as well as across the country, to understand the competitive environment that Great Park was entering. Once completed, HSP was able to perform demand and financial projections for the proposed complex. An economic impact analysis was then performed to understand how the park would affect the surrounding community. From 2013 to 2017, HSP continued working on a detailed business, management and calendar plan for the project, as well as assessments of the need for hotels, parking, restaurants and retail. The Project opened in fall of 2017.

In 2019, HSP re-engaged with the client to conduct a feasibility and impact analysis for new proposed assets at Great Park, including USA Water Polo and USA Volleyball facilities and a mixed-use retail/restaurant component.

Client: Five Point Communities Time Period: 2012 – 2017; 2019

KTDA Report: Bulleit Distilling Company Visitor Center Shelbyville, Kentucky

In 2017, Hunden Strategic Partners was engaged to evaluate an application to the Kentucky Tourism Development Act. The application proposed a 9,000 square foot visitor center development at the Bulleit distillery in Shelbyville, Kentucky. The new development would allow the distilling company to offer a variety of tours and tastings including:

§ Base tours and tastings, § Reserve tours and tastings, and § Immersion tours and tastings.

Within the study, HSP evaluated the state of the bourbon industry as well profiled the famous Kentucky Bourbon Trail. HSP’s report also included an economic and demographic analysis of Shelbyville, demand and financial projections, and an economic, employment and fiscal impact analysis.

The study determined that the proposed project successfully met the KTDA criteria.

Client: Kentucky Tourism, Arts & Heritage Cabinet Time Period: 2017

Distrito T-Mobile Entertainment District Studies, Processes, Food & Beverage Analysis and Advisory San Juan, Puerto Rico

HSP was retained on multiple occasions to advise a public-private partnership on the potential for an entertainment/nightlife district in San Juan near the Puerto Rico Convention Center, Sheraton hotel and casino. HSP analyzed the trends in the industry, the local market, the tourism product, the opportunities and the physical space available for such a district and then recommend the following:

§ Sizing, amount and character of restaurants, clubs/bars, retail, hotel and other attributes § Potential tenants § Food & Beverage Operating Options/Companies/Approaches § Potential development partners § Design partners and elements

During the process, HSP took the client on tours of comparable districts in the U.S. and introduced them to many potential entertainment, food and beverage, management and tenant partners. HSP was then retained to complete the final feasibility study for use by the public and private sectors to understand the proposed public-private project and its impact on the local economy and taxes. The project has been constructed and will open in 2021 post-Covid. The food and beverage concept development and activation is critical to the success of the project and numerous options and approaches were considered.

Client: Prisa Group Time Period: 2013 - 2016

Churchill Downs Hotel & Gaming Facility Tourism Incentive Impact Analysis Louisville, Kentucky

HSP evaluated an application to the Kentucky Tourism Development Act which proposed a new hotel, gaming facility and meeting space along the First Turn of the historic Churchill Downs horse-racing venue. While the facility currently hosts significant events like the Kentucky Derby, the Applicant seeks to host and attract additional events, concerts and experiences for visitors in hopes of generating year-round activity.

The study looked at many markets including the hotel, meetings and events, entertainment, restaurant, horse racing and gaming markets, and others. HSP also studied comparable facilities, determined demand and revenue projections and finally studied the impact the expansion would have on the study area.

After evaluating how the proposed Project met the KTDA criteria, HSP determined that the Project did in fact meet all criteria and would provide additional revenue for the Commonwealth of Kentucky.

Client: Commonwealth of Kentucky Time Period: 2019

KTDA Report: Heaven Hill Bourbon Heritage Center Expansion Study Bardstown, Kentucky

Hunden Strategic Partners was engaged to evaluate an application for the Kentucky Tourism Development Act incentive program. The project was a proposed expansion of the Heaven Hill Bourbon Heritage Center in Bardstown, Kentucky. The development was proposed to expand upon the existing visitor experience at the distillery by offering expanded tours, hands-on bottle filling, a rooftop bar and meeting space, demonstration kitchen, and dining options.

The project included the addition of approximately 14,000 square feet to the Bourbon Heritage Center, programmed with attractions for both out-of-state and local visitors. Other project elements proposed included the renovation of existing spaces and reprogramming to expand retail and experiential elements at the center, five interactive and educational areas, food and beverage options through a demonstration kitchen and a rooftop bar, and finally a programmed and rentable 1,500-square foot meeting space with a multi-purpose outdoor deck.

HSP’s study evaluated the state of the bourbon industry as whole as well as profiled the most visited distilleries to provide perspective for the potential expansion and evaluate best practices. HSP’s report also determined demand and financial projections as well as impact.

The study ultimately determined that the Heaven Hill expansion project met the KTDA criteria.

Client: Kentucky Tourism, Arts & Heritage Cabinet Time Period: 2018

New Arena Financial Feasibility Analysis Augusta, Georgia

S.P.A.C.E. Venues, Hunden Strategic Partners, and Perkins and Will were engaged by the Coliseum Authority to perform a market demand and financial feasibility study of a new arena in Augusta, Georgia. The study included an analysis of the existing James Brown Arena’s historical performance and how that affected the market opportunity for additional concert and entertainment venue space in Augusta. HSP studied the market opportunity for consumer shows and indoor sports events in addition to entertainment and concert events.

The proposed arena site was located adjacent to the current arena and served as the parking lot for the James Brown Arena. The arena development site was also located approximately a half-mile away from the Augusta Convention Center and other downtown amenities.

HSP examined many factors in the relevant regional market area to determine how the new arena would drive tourism, spending, and complement other businesses in the area. The regional market had an established and diverse competitive set. While top-tier tours were not stopping in Augusta at the old arena, the study revealed that the new arena could increase the appeal to these tours and enhance the areas opportunity to host these major tours. HSP also assessed comparable facilities and case studies around the US that were mostly new or recently renovated, were within similar markets, and were between 10-15,000 seats.

HSP and the rest of the consultant team provided the Coliseum Authority with recommendations for the new arena development, including a size expansion, a connected multipurpose event complex, a new outdoor public space, and enhanced suites, club areas, and unique experiences for the visitors. HSP provided multiple recommendation scenarios and projections.

Client: Coliseum Authority Time Period: 2019 - 2020

Stockyards District, Hotel Drover, & Cowtown Coliseum Analyses Fort Worth, Texas

Hunden Strategic Partners worked with the Fort Worth Heritage LLC, a partnership consisting of Majestic Realty Co. and the Hickman Companies to conduct several market, financial feasibility and economic impact studies. The primary focus of the analysis was related to hotel, meeting/event and equestrian facilities, as well as the restaurant, retail and entertainment district. The study included local tourism analysis, recommendations for current and future utilization of the facilities, financial analysis and trends, demand and financial projections, and recommendations. Major focus areas were restaurants, retail, a destination hotel and a major cultural attraction. As part of the study, HSP also identified funding tools and conducted an incentives analysis.

The Fort Worth Stockyards National Historic District is a tourist destination comprised of attractions, entertainment venues, shopping, dining, lodging, and community events. Major recurring events at the Stockyards include Stockyards Championship Rodeo at the Fort Worth Cowtown Coliseum, Fort Worth Herd in front of the Visitors Center, and the Cowtown Opry shows.

In 2018, HSP was engaged again by Majestic Realty to conduct a market and financial feasibility study related to the development of new equestrian arena facilities in the historic Stockyards district. HSP analyzed the local and statewide supply of equestrian and rodeo facilities and assessing the market opportunity for the potential addition to the Stockyards. The Stockyards mixed-use development at Mule Barn Alley is currently under construction. The Hotel Drover, the 200-room hotel anchor for the refurbished Mule Alley, is set to open in early 2021.

Client: Fort Worth Heritage LLC Time Period: 2016; 2018 - 2019

Kentucky Motor Speedway Expansion Impact Study Sparta, Kentucky

Hunden Strategic Partners evaluated the application to the Kentucky Tourism Development Act (KTDA) to expand the Kentucky Motor Speedway. The Kentucky Speedway Legacy Expansion Project increased the seating and upgraded the amenities of the facility to host a NASCAR Sprint Cup Race. The Speedway opened in 1998 with a capacity of 62,000 people and had successfully hosted minor NASCAR events since. Upon completion of the expansion, the facility has a permanent seating capacity of 102,000 people and hosts major NASCAR events. This ability brings visitors to the Commonwealth from across the U.S.

HSP was charged with projecting the expected increase in demand, as well as the incremental economic, fiscal and employment impact of the Speedway. For this analysis, HSP conducted an audit of the facility’s existing operations, with a specific focus on revenue generated by various speedway operations. The resulting report provided a comprehensive study on the overall impact the NASCAR event was expected to have on the state economy from visitor spending.

The analysis concluded that the project was eligible for rebates as outlined by the KTDA and was approved. The project hosted its first Sprint Cup Race in July of 2011.

Client: Kentucky Tourism & Heritage Cabinet Time Period: 2010

Stadium & Convention Center Feasibility & Impact Study San Diego, California

HSP worked with Conventional Wisdom Corporation to perform a multi-pronged public sector financial risk analysis study related to the proposed San Diego Convention Center and Stadium Project initiated by the San Diego Chargers NFL franchise. HSP looked at the likely market that the Project would penetrate for sports, concerts, meetings, conferences and conventions, the experience of other similar facilities and cities, and the ultimate impact that the Project would have on the City of San Diego.

HSP’s analysis showed that the proposed Project would have a major positive impact on the City of San Diego’s hotel receipts and the overall local economy, due to the new, retained and expanded events that the proposed facility would accommodate compared to the status quo.

The key findings of the study revealed that the Project would generate more than 200,000 San Diego hotel room nights annually, would lead to major ADR increases, would lead to hundreds of new events and thousands of attendees. The fiscal impact, like with many major league stadium deals, would not necessarily generate the net new fiscal revenues to overcome the size of the public sector investment. However, the alternative of this project was the loss of the team and the proposed event and convention facility, which is ultimately what occurred after the public vote to fund the project failed to achieve the two-thirds majority required.

Client: Conventional Wisdom Corporation Time Period: 2016

Grand Park Sportsplex Feasibility & TIF Analysis Westfield, Indiana

HSP worked with the City of Westfield to analyze two related projects. The first was a feasibility and economic impact study of the proposed Grand Park sportsplex. The second study was a TIF funding analysis of the several square miles surrounding the sportsplex. These analyses included a detailed competitive supply and demand analysis, business plan review, tournament market analysis, room night projection, analysis of funding options that included TIF projections, trends analysis for the youth sports industry, a competitive assessment of comparable facilities and demand and financial projections for the complex.

Grand Park is a full-service tournament facility, with sports fields to accommodate local and traveling league play. The 300-acre complex consists of a full range of championship-level playing fields, including: 26 baseball and softball diamonds, 32 additional fields for lacrosse, rugby and field hockey and an indoor sports facility to accommodate year-round play. The City has projected that the project will bring over 250,000 visitors to the area each year.

Westfield is located 20 miles north of Indianapolis in Hamilton County and is in the direct path of growth in the region. This analysis assisted the City as they planned for future development in the area and determined the best financing options for the facility.

Client: City of Westfield Time Period: 2011

84th Street Mixed-Use District Market and Impact Analysis La Vista, Nebraska

Hunden Strategic Partners worked with the City of La Vista, Nebraska to conduct a market and feasibility analysis for the development of a large mixed-use development and entertainment district called the 84th Street Corridor. HSP analyzed office, residential, retail, restaurant and other key components of the project.

HSP completed the following elements during the 84th Street Corridor study:

§ Conducted a demographic and tourism update.

§ Profiled the proposed project, components, sources and uses, as well as public and private investments.

§ Conducted a market analysis of all proposed components, including hotel, retail, restaurants, and others.

§ Provided financial projections for all proposed components.

§ Conducted an economic, fiscal and employment impact analysis for all the development components.

§ Created a plan of finance modeling for the public investments.

In 2020, HSP was retained to complete an update to the study due to new project components, including an indoor entertainment venue.

Client: City of La Vista Time Period: 2016; 2020

Morehead Hotel Impact Analysis Morehead, Kentucky

HSP completed a market, feasibility and impact study for the proposed Morehead Hotel. The project is proposed to be a newly constructed building consisting of approximately 115 rooms and 63,000 square feet. The building will sit on top of a parking garage with approximately 100 spaces. The overall project budget is estimated to be $25.7 million. The maximum KTDA program rebate allowed is 25 percent over ten years, meaning as much as $6.4 million.

The Morehead Hotel is proposed to be branded as a Fairfield Inn, which falls under the Marriott family of brands. The hotel will be connected to the Morehead Conference Center, making it the only hotel within five minutes of the conference center facility. The anticipated amenities include concierge services, a destination three-meal restaurant, fitness area, and a roof deck with an outdoor common area.

HSP’s study and economic impact projections revealed that the proposed hotel does meet the requirements for the incentive program. The hotel’s proposed location adjacent to the conference center is an asset, as the two facilities will be able to generate business activity for one another. The hotel will create new jobs, generate tax income, and provide the residents with a community asset to host meetings and guests.

Client: Kentucky Tourism & Heritage Cabinet Time Period: 2019 - 2020

University of South Alabama Stadium Feasibility Mobile, Alabama

HSP worked with the University of South Alabama to perform a feasibility study for an on-campus football stadium. The University’s football team, the Jaguars, have played at Ladd-Peebles Stadium in Mobile, AL since their inception in 2009. The University has made efforts to determine the size, scope, quality, impact, establish the best site and functionality, and examine funding for developing a new football stadium. HSP provided the University with a full analysis for the optimal football stadium, as well as analysis and recommendations on other uses to include inside and outside the stadium in order to make the stadium a center of campus activity and not a single-use facility.

The Ladd-Peebles Stadium, located approximately eight miles from the University of South Alabama in the City of Mobile, is a 40,000-seat facility, which hosts football games, concerts, conferences, banquets and special events. It is located in a less desirable part of town compared with an on-campus facility and is also too large for the program’s current and future attendance. It is also physically obsolete. HSP profiled this facility, as well as all local and regional competitive facilities, to determine the current and future opportunity.

HSP toured other similar facilities across to U.S. to understand the best practices in facility design and programming. HSP also assessed the alumni, student and corporate support for funding options for the recommended facility so as to match the physical program with the football program and financial capability of the stakeholders.

Client: University of South Alabama Time Period: 2015 - 2016

Chicago Riverwalk Redevelopment Analysis Chicago, Illinois

The City of Chicago expanded the Chicago Riverwalk as part of the larger Wacker Drive Reconstruction Project. The extension is located at a six-block section of Lower Wacker Drive along the southern branch of the Chicago River, running from State Street to Lake Street. The completed project provides a continuous recreational experience from Lake Street to Navy Pier. HSP completed two analyses, including a full market and financial feasibility study (including public sector risk analysis) as well as the plan of finance. In addition, HSP provided key components and submitted the application for the $98.7 million TIFIA loan. As part of its work, HSP created the operating and financial model for the project and assisted the City of Chicago in its successful application for U.S. Department of Transportation TIFIA funds. The revenue streams included:

§ Tour Boat Fees§ Leased Space Retail/Restaurant Rental Income§ Boat Docking Revenue§ Outdoor Advertising & Sponsorship Income§ Motor Fuel Tax Revenue

Comparable case studies were analyzed, and recommendations were made to improve the project and make it more viable for long-term commercial success, including the addition of more restaurants, kiosks and retail opportunities. HSP also completed an economic, fiscal & employment impact analysis. The Riverwalk is outperforming expectations for visitors and commercial success and has opened up an entirely new water-oriented tourism and local entertainment district for locals and visitors alike.

Client: City of Chicago Time Period: 2012 - 2015

Indiana Convention Center Expansion Studies Indianapolis, Indiana

Mr. Hunden has worked on multiple convention center expansions for the City of Indianapolis, as well as several convention hotel and arena projects. These span the years 1996 – 2010.

In the 1990s, Hunden worked on the financing as well as competitive positioning of the Indiana Convention Center as well as the development of the 615-room Marriott hotel. He also worked on pre-development planning for future expansions as well as additional hotel proposals.

In 2006, Mr. Hunden worked with the City of Indianapolis to develop a design solicitation for the most recent convention center expansion, which took the physical space of the RCA Dome after it was dismantled and replaced by Lucas Oil Stadium. The old dome space allowed the convention center to double in size. Hunden Strategic Partners worked with the ISCBA (Indiana Stadium and Convention Building Authority) to develop and manage the process. In addition, HSP provided the ISCBA with its commentary on the overall budget and programming in the early stages of the process.

The project opened in early 2011 and has helped Indianapolis grow its convention business significantly.

Client: City of Indianapolis Time Period: 1996 - 1998, 2006 - 2010

Entertainment-Restaurant District Operator & Developer Solicitation Process; Governance Reorganization Chandler, Arizona

The Wild Horse Pass Development Authority (WHPDA), a wholly owned entity of the Gila River Indian Community, has engaged HSP on four different occasions to conduct studies and processes for major tracts of land near I-10. Currently, the site includes a major racetrack complex, a casino, hotels, resorts, a Simon outlet mall, an Old West town and an event venue. HSP’s work resulted in a long-term master plan that would maximize the value of the land and its uses for the next 30 – 75 years. HSP conducted a market analysis that considered the potential of more than a dozen uses and how those would perform over time. HSP then managed the solicitation and selection process for developers and operators of a major mixed-use entertainment and restaurant district that would connect their hotel/casino with their Simon outlet mall, creating synergy amongst all elements.

Operations RFP. As part of the process, HSP engaged with numerous operating companies and developers who sought to execute the entertainment district development plan, including a third-party operation agreement for the food and beverage. Spectra had been managing the catering, restaurants and concession at the complex and HSP worked with the Client to determine the options for moving forward either in-house or with new operating partners.

Event and F&B Reorganization. HSP also managed a business restructuring endeavor with the WHPDA for two major event facilities within the development area: Motorsports Park and the Rawhide Events Center. This included a deep dive into the catering and concessions operations, delivery, customer service and overall business efficiency. HSP results were presented to the WHPDA board, followed by a merger of the entities.

Client: Wild Horse Pass Development Authority Time Period: 2015 - 2019

Documents

Hunden Partners Qualifications February 2021