WHO:              Related Development, LLC Mayor

                       Bob Buckhorn, City of Tampa

WHAT:             Related Development, LLC will break ground on a 
                       356 apartment complex in the Channel District. 
                       The $55 million complex includes 4,800 square feet 
                       of retail space. The development will consist of four 
                       buildings and two parking garages with 630 spaces. 
                       It is anticipated that the first units will be available for 
                       occupancy within 18 months after the commencement 
                       of construction. The development will include a lineal park 
                       for Channel District residents.

WHEN:            Monday, February 13, 2012 

                       10 a.m.

WHERE:          120 Meridian Avenue 

                       Tampa, Fl 33602

CONTACT:       Arturo Peña, Vice President/Development Manager

                       (305) 460-9900

                       arturop@relatedgroup.com