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• 31 two - bedroom apartment units with an average rentable floor area of approximately <br />951 square feet, with a range from approximately 878 square feet to approximately 985 <br />square feet. <br />Plaza Parcel — Parcel C <br />The outdoor community plaza and the indoor community building will be developed and <br />constructed on the Plaza Parcel, the other parcel labeled "Phase 1" on the Phased Development <br />Plan. <br />The site area of the Plaza Parcel is approximately 31,863 square feet or 0.73 acres. The <br />community plaza will consist of a wide variety of landscaped and hardscaped areas designed in <br />accordance with the "Statement of Purpose and Design" for the Outdoor Plaza as contemplated <br />in the Disposition and Development Agreement. <br />Building C is the indoor community building to be developed and constructed on the Plaza <br />Parcel and will consist of one (1) single level, mixed use structure that includes: <br />(i) a large flex space designed in accordance with the "Statement of Purpose and Design" <br />for the Indoor Commons as contemplated in the Disposition and Development <br />Agreement containing approximately 1,711 gross square feet of assembly space, <br />(ii) a catering kitchen containing approximately 368 gross square feet of space, <br />(iii) approximately 200 gross square feet of storage space, <br />(iv) approximately 215 gross square feet of reception space, <br />(v) approximately 360 gross square feet of men's & women's public restroom space, <br />(vi) approximately 88 gross square feet of building services areas (e.g., mechanical and <br />utility rooms), and <br />(vii) a Cafe / Coffee Shop containing approximately 1,268 gross square feet of retail space, <br />including seating area, kitchen area, refrigeration area and office area; <br />(viii) a covered entry of approximately 400 square feet, and <br />(ix) an indoor /outdoor fireplace and outdoor seating area. <br />The gross building area of Building C is approximately 4,210 square feet. The Indoor Commons <br />and the Cafe / Coffee Shop will share the reception space, the public restroom space, building <br />services areas, the covered entry area, the indoor /outdoor fireplace and the outdoor seating area. <br />The Plaza Parcel also contains approximately 20 surface parking stalls dedicated for use by <br />visitors and retail customers of the Indoor Commons and the Cafe / Coffee Shop. <br />3 <br />