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Progress

• Initial Redesign complete – subject to feedback
• Initial pricing complete – subject to GC’s review
• General Contractors – budget pricing process initiated
• Financing partners engaged – Bank and Capital Groups

• Feedback from Government - Planning, Land Registry, Ministry

• Business Plan –under careful development

Estimated Schedule Subject To Change

Next Steps

• Complete business plan – Mar/Apr 2026
• Development agreement – April 2026
• Pre-Marketing & Reservation Campaign – May-Sep 2026
• Planning Application – Aug - Sep 2026
• Planning Approval – Nov - Dec 2026
• Construction documentation – Dec 2026 - May 2027
• Ground breaking – 2nd/3rd Qtr 2027