Reading Country Club

Town Center Development /

Suite Hotel Concept

Burkey Group &

Castle Drawbridge LLC

Presentation to Exeter Township Board of Supervisors

Monday, April 25, 2016

Introduction

� Burkey Group has been building the Greater Reading community and beyond since 1946.

� Burkey offers a diverse variety of commercial construction services, including general contracting,

construction management and real estate development. Burkey’s expertise and its talented

workforce, equips it with the qualifications necessary to handle any type of construction challenge.

� Our expansive portfolio includes high-tech facilities, industrial buildings, entertainment

establishments, retail, hospitals, restaurants, historical site restorations and office buildings.

Burkey Group Team

� Eric G. Burkey, LEED AP (Owner / CEO)

• B.S. Construction Management, Pennsylvania State University

• B.S. Business – Public Relations, Susquehanna University

• LEED Accredited Professional (Leadership in Energy and Environmental Design)

• Serves on Boards for Berks County Community Foundation, Berks Conservancy Capital Campaign, and Fulton Bank Advisory.

� Richard J. McDougall (Vice President)

• B.S. Economics/Urban Studies, State University of New York

• Graduate Studies, Cornell University, Dept. of City and Regional Planning

• Former President of American Real Estate Investment and Development

• Former Executive Director of the Reading Center City Development Fund and the Greater Berks Development Fund

• Serves on Boards for Berks Community Television, Penn Corridor Initiative, and Reading Downtown Improvement District

� Franklin D. Watts, R.A.

• Project Manager / Registered Architect

• Bachelor of Architecture, Philadelphia University

• National Council of Architecture Member

Introduction Castle Drawbridge LLC

� Castle Drawbridge LLC is a hotel real estate development and asset

management company focused on providing quality

accommodations for our guests and delivering superior cash on

cash returns to our hospitality investors.

Castle Drawbridge LLC Team

� Ted A. Drauschak

• Graduate Civil Engineer - Drexel University, Philadelphia, PA

• 30 -year real estate development and construction management professional

• Significant Hospitality Design, Development and Construction history/experience

beginning in 1984

• Recognized global Project Execution / Risk Management Expert (Panel Arbitrator for

international construction disputes)

• Global Renewable Energy –Investment Manager for the Energy Division of the largest US

University Endowment Fund ($35 billion)

� Kenneth L. Brier

• US Army Colonel (Ret) – US Army War College / Bronze Star Awarded

• MPA Harvard University Kennedy School of Government

• 30 year Real Estate Development/Construction Management Experience

• Chairman-Lower Merion Township, PA Zoning Hearing Board

2010 - Fairfield Inn & Suites – Millville, NJ

2008 - Staybridge Suites- Royersford, PA

2008 - Staybridge Suites- Royersford, PA

Reading Country Club (Existing)

Excerpts from 2014 Presentation by the

Exeter Twp. Strategic Planner Steering Committee

Excerpts from 2014 Presentation by the

Exeter Twp. Strategic Planner Steering Committee

Excerpts from 2014 Presentation by the

Exeter Twp. Strategic Planner Steering Committee

Reading Country Club (Driving Range)

Proposed Suite Hotel Concept Site Plan

Conceptual Site Plan

for Suite Hotel (Extended Stay)

Advantages to Exeter Township

� Hotel Development stands on its own and does not require

future development of Reading Country Club

� Allows Reading Country Club Golf Course to remain open

indefinitely or can be incorporated into a Master Plan for

future Town Center

� Architectural design of the Hotel can set the tone for the

architectural design of the Town Center

� Approx. $10-$12 Million project that can start immediately

� Increase Tax Base which can help support Golf Course

operation

� Increased activity and revenue for both Reading Country Club

and Viva (current Tenant)

Next Steps

� Meeting with Current Steering Committee

� Formal Proposal for Hotel Development

� Discuss options for Acquisition of Land

� Zoning and Land Development

� Construction in 2017

Contact Information

Burkey Group

506 Morgantown Road

Reading, PA 19611

tel. 610-375-8591

fax. 610-375-0973

Eric G. Burkey, LEED AP

Owner / CEO

email: ericb@burkeynet.com

Richard J. McDougall

Vice President

email: rickm@burkeynet.com

Franklin D. Watts, R.A.

Project Manager / Architect

email: fwatts@burkeynet.com