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LRC GOLDEN BELT MASTERPLAN

Creative Class A Office & RetailGolden Belt Campus807 East Main Street & 800 Taylor StreetDowntown Durham, NC

Robin Roseberry Anders, SIOR

tel +1 919 714 7133cell +1 919 369 [email protected]

Jordan Williams, MBA

tel +1 919 714 7141cell +1 919 880 [email protected]

Golden Belt CampusG BG B

Golden Belt CampusAerial

DURHAM BULLSATHLETIC PARK

AMERICANTOBACCO

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147DURHAM PERFORMING

ARTS CENTER

BRIGHTLEAFDISTRICT

DUKE EASTCAMPUS DURHAM SCHOOL OF

THE ARTS DURHAMATHLETIC PARK

WAREHOUSEDISTRICT

AMERICANTOBACCODISTRICT

GOLDEN BELT DISTRICT

CENTRAL PARKDISTRICT

CITY CENTERDISTRICT

GOVERNMENTSERVICESDISTRICT

BULL CITY CONNECTOR

GOLDENBELT

CAMPUS

COUNTYPARKING LOTS

IN DEVELOPMENTREVIEW

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DURHAM COUNTYDEPARTMENT OF PUBLIC HEALTH

FUTU

RE LIG

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AIL STA

TION

MILL NO.1

GOLDEN BELT

THE FRUIT - ARTIST/

PERFORMANCE SPACE

NEW POLICE STATION

CONDO ADAPTIVE

RE-USEPONYSAURUS

HONEYGIRLMEADERY

SPECTREARTS

THE CARRACKMODERN ART

J.C.’S KITCHEN

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TAYLOR ST

HOLLOWAY ST

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FRANKLIN STWORTH ST

MORNING GLORY AVE

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LAUREL AVE

ROBERT LDOWNEYINDOOR

BASEBALLFACILITIES


PRECONSTRUCTION

Golden Belt CampusG BG B Golden Belt Campus

Aerial

LRC GOLDEN BELT MASTERPLAN

Property Features:

• 327,000 square feet on the National Historic Register as the Golden Belt Manufacturing Company

• One of Durham’s last historic textile mills to be creatively reused

• Expandable to at least 385,000 square feet

• Creative Office, Retail, Live/Work Apartments, Artist Studios, Live Music, Events and more

• 24/7 community offers 37 live/work apartments on campus

• Exposed brick and beam with 12’+ ceilings and large windows offering rich, natural light

• Built in 1901, fully renovated in 2008 (Golden Belt) and 2018 (Mill No.1)

• Free on-campus parking at a ratio of 2.5 spaces per 1,000, significant free public parking surrounding the campus, and room for future structured parking

• 15.5% Common Area Factor

• On-Campus Amenities:

• Three publicly accessed courtyards are accessible and welcoming and will be programmed with music, weekend markets, events, maker spaces and arts

• Event space with multiple on-campus venues http://thecottonroomdurham.com

• Hot yoga http://bikramdurham.com

• Full service hair and skin salon http:moshimoshimeanshello.com

• A generous fully equipped exercise facility

• Downtown Durham’s seven unique districts are easily explored by foot or a free ride on the Bull City Connector, a bus route connecting downtown and Duke University, with a stop at Golden Belt’s front door

• 24/7 on-campus security

• Check it out! https://vimeo.com/230700845

Golden Belt CampusSummary

#7 Best Place to Live in the U.S.

(Durham, NC)US News &

World Reports, Feb 2017


TAYLOR ST

E MAIN ST

Golden Belt CampusG BG B Golden Belt Campus

Master Plan

WAREHOUSEBUILDING

MILL BUILDING

POWERBLDG

FUTURE DEVELOPMENTS

FUTURE DECK WITH

RESIDENTIALWRAPPER

BLDG 2 BLDG 3

BLDG 4

BLDG 5

BLDG 6

BLDG 7

TAYLOR ST

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MORNING GLORY AVE

FRANKLIN ST

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Golden Belt CampusMill No.1

G B Mill No.1Rendering


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Property Features:

• Approximately 170,000 square feet delivering 2nd Quarter 2018• Three historic personalities from which to choose: the Mill, Power or Warehouse Buildings• Offices, Retail & Restaurant, Creative Space• Floor plates range from 5,000 to 38,000 square feet• Fire pit adjacent to a live music venue with outdoor dining and congregation area• A brewery surrounded by makers will be a gathering place for many on the Campus• Grand Hall will showcase art and sculptures by local craftsman

#1 The 25 Best Cities in the US for People Under 35

(Durham, NC)Growella, May 2017

Mill No.1Summary


G B Mill No.1Elevations

West Elevation - Power & Mill Buildings

East Elevation - Mill & Warehouse Buildings

South Elevation - Mill Building

North Elevation - Warehouse, Mill & Power Buildings

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11x17 Scale:

Building 9B Power BuildingEast Village Arts Campus02.16.17

Power BuildingElevations

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Golden Belt Manufacturing Company Plant Mill No. 1 Resubmittal800 Taylor St., Durham, NC.

11x17 Scale: 1/16" = 1'-0"02.16.17

Elevation 9B North

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11x17 Scale: 1/16" = 1'-0"02.16.17

Elevation 9B WestN


11x17 Scale: 1/16" = 1'-0"02.16.17

Elevation 9B East


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North Elevation West ElevationEast Elevation

Power Building East Elevation Cutaway

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3/4

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”1

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G BENTRANCE AND ARRIVAL

APRIL 2017

Mill No.1Entrance


G BGRAND HALL

APRIL 2017

Mill No.1Grand Gallery

Warehouse Building45,922 RSF

Mill Building36,567 RSF

Power Building6,476 RSF


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UPUP

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LEGEND

BUILDING SERVICESMILL BUILDINGWAREHOUSE BUILDINGPOWER BUILDING

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ELEC.

GRAND GALLERY

(CORE)

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PUMP RM

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MILL BUILDING40,649 RSF

WAREHOUSE BUILDING40,346 RSF

POWER BUIDLING6,667 RSF

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11x17 Scale: 1" = 40'-0"

SINGLE TENANT LEVEL 1MILL NO. 1LEASE EXHIBIT10.02.17

NOTE :ALL RSF IS APPROXIMATE

Mill No.1Level 1 Plan


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OPEN TO BELOWOPEN TO BELOW

OPEN TO BELOWOPEN TO BELOW

MILL BUILDING

POWER BUILDING

WAREHOUSE BUILDING

OPEN TO BELOW

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OPEN TO BELOW

ROOF

ELEC

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WAREHOUSEBUILDING

MEZZANINE5,554 RSF

POWER BUILDING4,472 RSF

LEGEND

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11x17 Scale: 1" = 40'-0"




Power Building4,344 RSF

Warehouse Building5,396 RSF



G B

ROOF

ROOF


ROOF

MILL BUILDING

ROOF

ROOF

ROOF

ROOF

ROOF

ROOF

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LEGEND

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11x17 Scale: 1" = 40'-0"





Golden Belt CampusGolden Belt

G B

Property Features:

• Approximately 157,000 square feet of LEED Gold certified creative space• Offices, Retail & Restaurant, Live/Works and Creative Space• Improvements in the works:

• New signature signage• Further renovation to Building 4• Exterior up-lighting program• Creation of two new public space courtyards• Unique design features that visibly tie Golden Belt to the larger Campus

#1 Healthiest Housing Market in

North Carolina(Durham, NC)

Smart Asset, May 2017

Golden BeltSummary


G B Golden BeltImprovements

RAMP

FEMALE TOILET MALE TOILET

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11x17 Scale: 1/16" = 1'-0"

BUILDING 3 LEVEL 1LRC GOLDEN BELT LEASE EXHIBIT09.29.17

0' 8' 16'4'



G B Golden BeltPlans

Building 318,407 RSF

RAMP

UP

UP

FEMALETOILET

MALETOILET

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11x17 Scale: 1/16" = 1'-0"

BUILDING 4 LEVEL 1LRC GOLDEN BELT LEASE EXHIBIT

09.29.17

0' 8' 16'4'


RAMP

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FEMALETOILET

MALETOILET

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11x17 Scale: 1/16" = 1'-0"

BUILDING 4 LEVEL 2LRC GOLDEN BELT LEASE EXHIBIT

09.29.17

0' 8' 16'4'



G B Golden BeltPlans

Building 4

1st Floor9,245 RSF

2nd Floor9,110 RSF

Location• Durham, with Raleigh and Chapel Hill, anchors the Research

Triangle in central North Carolina• The region is positioned midway between Boston and Miami on

the eastern seaboard

Population• Durham County: 300,952• Durham: 288,817

Education• Duke University, a top-ranking private research university, has

nearly 15,000 students• Nearly 46 percent of the 25-or-older population holds a bachelor’s

degree or higher• Durham Tech provides technical and continuing education

programs, while Durham Public Schools serves more than 34,000 students

Health Care• Durham is known as the City of Medicine• Duke University Health System is one of the top ranked hospitals

in the nation

Recreation and Climate• A mild climate and favorable weather make outdoor activities

possible year-round• The region is located midway between the mountains and beach• Residents enjoy thousands of acres of green space and

impressive interconnecting trail systems

Arts and Culture• Durham Performing Arts Center and other venues draw prominent

shows and musicians• Food lovers can enjoy cuisine from renowned chefs and award-

winning restaurants• The area plays host to music, food and cultural festivals year-

round, including Moogfest, a popular electronic music festival

Sports and Entertainment• Sports rivalries are fierce with three of the nation’s top NCAA

Division 1 universities in close proximity• Pro teams including hometown favorite Durham Bulls, the NHL

Stanley Cup-winning Carolina Hurricanes (Raleigh) and North Carolina FC soccer team (Cary)

#4 Best Place to Live(Raleigh-Durham, NC)

Profile of Durham, NC

Affordability

Cost of Living Composite Index

Boston, MA 147.9Seattle, WA 144.9Denver, CO 110.3Charlottesville, VA 103.9National Average 100.0Atlanta, GA 98.7Austin, TX 96.6Chapel Hill, NC 95.9Raleigh, NC 94.4Durham, NC 88.4

ACCRA Cost of Living Index, 2016

Infrastructure• Raleigh-Durham International Airport handles over 350

flights per day, including direct international flights• Highway access put businesses within a two-day truck

drive of more than 200 million U.S. and Canadian customers

• An Amtrak station in downtown Durham connects passengers to destinations throughout the East Coast

• Norfolk Southern and CSX serve business and industry

Research Triangle Park• At 7,000 acres, RTP is the country’s largest research

park• 200 companies employ 50,000 people• Industries invest nearly $300 million in R&D in the

region’s universities each year Labor Force• The Raleigh-Durham-Chapel Hill Combined Statistical

Area has a labor force of 1.1 million and unemployment of 4.3 percent

• Durham County has a labor force of 163,447 with an unemployment rate of 4.3 percent

Major Developments• Connect 540 is an extension of the Triangle Expressway,

or I-540, that would complete the Outer Loop around the greater Raleigh area

• The East End Connector will provide a direct connection between the NC 147 and US 70, improving access to I-85 and I-40

Major Employers

Duke University and Health System

34,863

IBM Corporation 10,000Durham Public Schools 4,600GlaxoSmithKline 3,700Blue Cross & Blue Shield of North Carolina

3,200

Durham City Government 2,437Fidelity Investments 2,400Quintiles 2,300RTI 2,300Veterans Affairs Medical Center 2,162Cree 2,125AW North Carolina 2,000

#2 Area with the Highest Number of Tech Jobs(Raleigh-Durham, NC)

#2 Top State Business Climate(North Carolina)

researchtriangle.org

21

5121 Kingdom Way, Suite 200Raleigh, NC 27607+1 919 832 0594naicarolantic.comNO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS

SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL

WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE

CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.

About the Developer: LRC Properties is an experienced investment manager focused on East Coast commercial real estate investments. Founded in 2009 by Howard Lavitt and Edward Kulik, LRC Properties is headquartered in New York with an experienced team capable of dealing with all aspects of real estate management. In North Carolina, LRC Properties has assets in Charlotte, Durham and Raleigh, with an office in Charlotte. LRC concentrates in acquiring core plus and value add properties in improving markets, and currently manages more than 5 million square feet in the Southeast. LRC is positioned to move quickly to deploy capital and decisively secure transactions. For more information on LRC Properties, visit www.lrcprop.com.