1. Supersized: Unique Challenges And Opportunities Of Very Large Brownfield Projects EPA Brownfields Conference (November 3, 2005) Joe Boren Tom Darden Michael Hill Chris Olson Randy Primas Chairman CEO Founder Real Estate Reuse COO AIG Environmental Cherokee Investments Michael Hill Group BPCity of Camden, NJ Joe Boren Tom Darden Michael Hill Chris Olson Randy Primas Chairman CEO Founder Real Estate Reuse COO AIG Environmental Cherokee Investments Michael Hill Group BPCity of Camden, NJ

2. 1 BP, Platte River History

3. 2 BP, Platte River Remediation

4. 3 BP, Platte River Reuse

5. 4 BP, Llandarcy, Wales

6. 5 BP, Llandarcy

7. 6 BP, Baltimore

8. 7 BP: Kenosha, 115-Year-Old Brass Plant Problem: Lots Unknowns Problem: Lots Unknowns Opportunity: Opportunity: Size justified risksSize justified risks TIF ($3M)TIF ($3M) Brownfield Grants ($2M)Brownfield Grants ($2M) Redevelopment Underway: Retail, Residential, Recreational Redevelopment Underway: Retail, Residential, Recreational

9. 8 BP, Kenosha (post-demolition)

10. 9 BP, Kenosha (redevelopment underway)

11. 10 AIG Atlantic Station (historical)

12. 11 AIG, Atlantic Station

13. 12 AIG Atlantic Station

14. 13 AIG, Atlantic Station

15. 14 NORTH HILLS MALL Raleigh, North Carolina 31 acres Mixed-use Redevelopment Includes: 300,000 sf - Anchor Tenants 210,000 sf - Retail Shops and Restaurants 100,000 sf - Office Space 150-room Boutique Hotel

16. 15 Cherokee: North Hills, Mall (Raleigh, NC)

17. 16 Raleigh, North Carolina Cherokee: North Hills, Mall (contd)

18. 17 Redevelopment Plan Cherokee: North Hills, Mall (contd)

19. 18 Raleigh, North Carolina Cherokee: North Hills, Mall (contd)

20. 19 GENERAL MOTORS CANADA Boisbriand, Quebec 232 acres Mixed-use Redevelopment Includes: 82 Acres - Retail 60 Acres - Residential Mixed-use 54 Acres - Prestige Industrial 36 Acres - Infrastructure and Open Space

21. 20 Cherokee: General Motors, Quebec

22. 21 Cherokee: General Motors, Quebec (contd)

23. 22 Cherokee: General Motors, Quebec (contd)

24. 23 GATES RUBBER CORPORATION Denver, Colorado 50 Acres Transit-oriented Development Includes: 4,000 Residential Units 1.5 Million+ Square Feet - Office, Retail and Entertainment Additional 15+ Acres for RDT

25. 24 Contaminated Site Cherokee: Gates Rubber, Denver

26. 25 Redevelopment Plan Cherokee: Gates Rubber, Denver (contd)

27. 26 RDT Station Cherokee: Gates Rubber, Denver (contd)

28. CHEROKEE: NEW JERSEY PROJECTS Meadowlands Golf Village Pennsauken Camden North Arlington

29. 28 CHEROKEE: PENNSAUKEN & CAMDEN, NJ

30. 29 450 Acres along Delaware River in Camden 5 Minutes To Philadelphia New Bridge 5,000 Residential Units Regional Retail Golf Course CHEROKEE: CAMDEN, NJ (Cramer Hill)

31. 30 CHEROKEE: CAMDEN, NJ (Cramer Hill)