HUNTERSVILLE, NORTH CAROLINA

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1 BRYTON HUNTERSVILLE, NORTH CAROLINA 3700 ARCO CORPORATE DRIVE, SUITE 350 CHARLOTTE, NORTH CAROLINA T: F: CONTACT COOPER BURTON KRISTY BOGERT

2 BRYTON ty lud gy park, a corporar ai an identia makin ully int Bryton, us located in Huntersville, mernorth Asset Carolina, is atio one of the ul state s first development rcial l projects estate to integrate c y a that rail transit d station and eloping major road Whitehall systems Technology into a mixed Park - use community. ehall Designed ate on approximately 450 I and acres II.Somof land f the at busin the intersections urre of NC 115 and t Alexanderana l inc Road otte adjacent to Mec I - 485, Bryton g will ital bring Aut the itycommunity onica of lta, Huntersville Oct together a Plasma, by Sprint creating PCS, a place Un to meet, live, work of Phoenix, and shop. Toshiba, This mixed Time Warner - use community Cabl has ingho had most and of Ver its infrastructure and roadways completed with property now available to industries interested in building in a prime location. I, al multi-tenant, Cl buildings have been 0, 0 s im y t lve e buildings are The concept d in Phase of the Bryton development xt several came y rs, from totalinthe vision 500,000 of one of s Charlotte s e feet. preeminent developers, Ameican Asset Corporation. American Asset Corporation is well known for its commercial ehall developments ate Ce in the Carolinas, II s twe such buildings as Brier wil Creek, of NorthCross Cl Shopping Center, the Arboretum ret and Whitehall d res Corporate ntial rt Center. nts. nstructio n completed at l Corpor Cen II ehall Parc Apartments which are w open and home to new residents. The acre development will consist of three major components including approximately 3,000 single and multifamily residences, up to 2 million square feet of general office, medical office and Location business park space, and approximately 1 million square feet of retail space. All of these components Whitehall is strategically will be centered located around in southwest the rail transit Charlotte station with providing unparallel outstanding access to all accessibility majo for both the residents otte, of cont Bryton us and to those the I from 5 outerbelt, outside communities ich connects looking I-77, I-85 to shop an or work Charlotte in Bryton. DouglasInternational Airport. Not With only over will one Bryton mile of center direct around frontage a rail on the transit outerbelt, station, businesses but it will also located have in Whitehall unmatched have accessibility a from both I - 77 (exit 18) and I- 485, creating a truly unique transit - oriented environment. Bryton uniqueopportunity to benefit from this outstanding access and visibility. Approximate driving will be accessible by employees, residents and shoppers from all around the Charlotte area. distances from Whitehall are: Charlotte Douglas International Airport - 8 minutes; I-85 (connects to Atlanta, Ga.and Greensboro, NC - 6 WV) - 3 minutes; Uptown Charlotte - 15 minutes. utes; I-77 (connects to Columbia, SC and Charleston,

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7 Stocking begins at Huntersville Walmart for July opening Posted By David Boraks On June 20, 3:51 pm In Business, Huntersville Comments Disabled The sun is rising on the new Walmart, off I-485 near North Meck High. (David Boraks/DavidsonNews.net) HUNTERSVILLE Employees began stocking the shelves this week at the newly completed Walmart store off NC 115 across from North Mecklenburg High School. The company is aiming for a mid-july opening. The 150,000-square-foot store is on 37 acres at Bryton Town Center Drive, off I-485 in Huntersville. Like other Walmart stores, it will have general merchandise and groceries. A spokeswoman said hiring is nearly complete for the 300 positions. Lori Tackitt has been named manager. With major construction complete, we are headed into the home stretch for our grand opening, Tackitt said in a media advisory. The Walmart is the first in Huntersville and the first building to be completed in Bryton, a 450-acre mixed-use development that has been on the drawing board for years. The Walmart plan was approved by Huntersville commissioners in 2011.

8 Bryton Walmart expected to change landscape by Aaron Burns Thursday, July 18, 2013 Business Walmart will celebrate its grand opening at 7:30 a.m. at the store, Bryton Town Center Drive, Huntersville. Details: HUNTERSVILLE Walmart s grand opening July 24 at Bryton Town Center will mean more to the area than simply adding nearly 300 jobs, according to a Walmart researcher. The 148,000-square-foot store will also serve as an anchor store as retail development expands at Bryton, a 450-acre, mixed-use development with 1 million feet of retail space. The initial impact (on area consumers and other businesses) is going to be really huge in the first few weeks, said Dave Brennan, a marketing professor at the University of St. Thomas (Minn.), who added he expects the area s more affluent residents to check it out once it opens. They ll be interested too, just because of the proximity, he said. It s a zero-sum game. Walmart wins, so the other (retailers) are going to have to lose. Small businesses will especially take hits early on, he added. But there are some positives to take from what will be the town s second big-box retailer, following Target, town planner Zac Gordon said. A number of road improvements, totaling approximately $32 million, were constructed in conjunction with the Bryton development, he said, including the widening of N.C. 115 to four lanes, the extension of Hambright Road east from N.C. 115 to Everette Keith Road, and various internal roads to serve Bryton. Gordon believes the area s landscape will be permanently changed once Walmart opens. When completed, the Bryton development will be the largest commercial, retail, office and residential center in Huntersville, he said. (Bryton) was originally conceived as a transit-oriented development, and as part of its construction, the Norfolk Southern rail line was relocated to facilitate the development of Bryton and the placement of a transit station along the rail line. Bryton will likely continue to have impacts on the surrounding area for many years to come, Gordon said. The development is also approved for 1 million square feet of office and flexible space, 2,000 multi-family houses and 200 single-family homes. Charlotte-based American Asset Corporation developed Bryton as well as the new Walmart. AAC also built the Rosedale development in Huntersville. The entire Bryton development is expected to have a $1 billion market value, according to the AAC s website. Walmart s building permits alone cost $14 million, Gordon said. Walmart should bring in much more money than that, however. If you take a look at many Walmart Supercenters, they can do $75 million in sales in a year, Brennan said. It will probably expand the trade area (the distance shoppers drive to visit a store), which is one of the positives a Walmart brings. Brennan said the new Walmart could also stop leakage, or shoppers driving to other areas like Mooresville, Denver or Charlotte to go to Walmart. Brennan expects half of the new Walmart s sales to come from produce. They re trying to show they have good meat and produce at lower-than-market prices, which makes them a competitor to some grocery stores, he added. Sales are also going to be moving from existing retailers to Walmart, but I don t believe Harris Teeter will be impacted like some of the other retailers and grocers because of a slightly different (customer) base. Lori Tackett, the manager for the new Walmart, told The Herald Weekly on July 11 the nearly 300 employees who will work in the building hourly, supervising and management workers had already gone through training and are ready to start the job. Tackett believes residents who have concerns about traffic need not worry. We re well-prepared (with employees) and once we open, I m sure there will be attention paid to the traffic, she said. I don t expect it to be a major issue. We re excited to get started and see how the people respond.