Ventures Continued

Currently, our company is developing high-quality retail and office products in Osceola County. These include:

Frames and Games, Family Entertainment Center, St. Cloud, Florida

This is a 40,000sf bowling, games, and indoor golf project which feature retail and restaurant space. A high profile mix of family entertainment functions will attract locals and tourists alike.

Narcoossee Plaza, Narcoossee Road, St. Cloud, Florida

This is a14,700sf office/retail condominium development located just 7 miles southeast of the University of Central Florida medical center. The project features both retail and office and is perfect for high tech or medical offices firms. Sales and leasing is underway and completion is scheduled for Winter, 2007.

Hamlin Suites, Hamlin Road, St. Cloud, Florida

This is a 22,000sf office warehouse development in the heart of St. Cloud. Hamlin Road features both retail and office/warehouse space. Leasing is underway and completion is scheduled for June, 2007.