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EXHIBIT C <br />PHASES OF DEVELOPMENT <br />Phase I <br />Phase I Commercial Total <br />• 32 story office tower <br />• Retail commercial <br />• Restaurant space <br />• Cineplex, 1,500 seats; in- <br />cluding dual -use theatre, <br />of 150 to 300 seats <br />• Health Club <br />Residential <br />• 64 attached single family <br />housing units <br />Phase I Totals <br />Phase II <br />Phase II Commercial Total <br />• 20 story office tower <br />• Retail space <br />Hotel (350 rooms) <br />and Conference Facility <br />Residential <br />Gross Proposed <br />Square Feet Parking <br />Minimum Maximum <br />694,012 <br />771,125 3,772 <br />548,392 <br />609,325 -- <br />86,580 <br />96,200 -- <br />8,280 <br />9,200 -- <br />24,660 27,400 <br />26,100 29,000 -- <br />0 128.000 256 <br />694,012 899,125 4,028 <br />(412 Temp) <br />0 765,985 1,090 <br />0 321,750 <br />0 128,760 -- <br />0 315,475 <br />0 299.660 758 <br />(19 story high rise, <br />216 condominium units and <br />temporary surface parking) <br />Phase II Totals 0 1,065,645 1,848 <br />Cumulative Phase I <br />and II Totals 694,012 1,964,770 5,464* <br />* Note: 412 temporary surface parking developed in Phase I will <br />be eliminated -in Phase II. <br />