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• <br />• <br />t <br />EXHIBIT "B" <br />TALLAHASSEE CENTER <br />PROJECT PROFILE <br />Tallahassee Center is an 11- story, 120,000 square foot building to be <br />located in Kleman Plaza, a central area of redevelopment in downtown <br />Tallahassee. Surrounding the building are the State of Florida "League <br />of Cities Building" and the "Challenger Learning Center." Also nearby is <br />the "Mary Brogan Museum of Art and Science." <br />Culpepper Construction Company is the general contractor. Barnett <br />Fronczak is providing architectural services. <br />Tallahassee Center offers 112 studios, one -, two- and three - bedroom <br />residential suites and penthouses, a club room, gated covered parking <br />and commercial space. The Grand Opening is slated to occur in May <br />2006. <br />15 <br />■ Total Project Revenue: <br />■ Number of Units: <br />■ Status: <br />$26,000,000 <br />114 units <br />80% Sold Out <br />6 Mos. To Completion <br />