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Q4 Quarterly_2.1.17

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Kilmayne Water Storage Tank Projected completion date: Sring 2018 2016 Water Main Replacement Projected completion date: COMPLETE ADMINISTRATION Announcements During the quarter, there were a number of announcements of restaurants coming to downtown Cary. Pro's Epicurean Market is slated to go in the new development on East Chatham Street. Awards & Accolades #1 #8 #3 Boomtown in the US, Cary (Smart Asset) Market for Housing Growth in US, Raleigh-Cary (Realtor.com) Life Science Cluster in US, Raleigh- Durham (JLL) La Farm Bakery La Farm began construction on the commercial bakery portion of their new property at 220 W. Chatham Street and received a temporary certificate of occupancy at the end of December. The second phase of redevelopment includes the retail bakery and cafe.

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