The Great Wolf Difference. History. Today s Agenda. North America s Largest Family of Indoor Waterpark Resorts. Manteca City Council Meeting
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1 Manteca City Council Meeting 12/21/2010 Creating Family Traditions, One Family At A Time North America s Largest Family of Indoor Waterpark Resorts History Since 1997, Great Wolf Resorts has established: A leading family entertainment brand 12 Family-focused resorts in convenient drive-to destinations across North America Regional destinations with branded partners and proprietary entertainment providing multiple revenue streams The Great Wolf Difference Manteca, CA Garden Grove, CA A National Brand with a strong reputation and 13 years of history and operational experience. A Premier Family Entertainment Brand The centerpiece of each resort is an indoor waterpark Interactive water experiences for the entire family A resort-guest only policy at the waterparks ensures an optimal experience and guest safety First to Market Industry leader with first-mover advantage and national brand awareness model 1
2 Manteca City Council Meeting 12/21/2010 Proprietary Brands Brand Alliances The Great Wolf Difference Design & Construction Services Aquatic Management & Risk Management Customized Training Programs Strategic Brand Marketing Infrastructure of Systems Experienced Management Team Revenue Management & Analytics Proprietary Brands & Brand Alliances Website with over 1 million unique visitors/month Centralized Reservation Services History The roots of the Family in Loveland reach back two centuries. In the 1860 s John Hahn, greatgreat grandfather to Chad & Troy, settled in the Big Thompson Valley. John homesteaded and farmed land that would stay in the family and eventually become the beginning of Centerra. History has developed over 3.6 million square feet of commercial and mixed use properties and developed, entitled and planned more than 6,000 acres in the Rocky Mountain and Southern California Regions. Current Portfolio Includes: 3 Large Scale, Multi-Use Projects, Comprising of 4,500+ Acres 16 Office, Medical & Industrial Properties 5 Retail Centers 6 Hotels 3 Apartment Communities 2
3 Manteca City Council Meeting 12/21/2010 Leadership Our Purpose & Promise is a team of 60 associates and is led by the following group that has over 145 years of combined Chad Chief Executive Officer and Co-Founder Doug Hill Chief Operating Officer Troy Executive Vice President and Co-Founder Joshua Kane Chief Financial Officer John Shaw President Trae Rigby Director Commercial Development We create great places for people. Our passion is bringing our customers dreams to life, whether that means creating sustainable communities with a true sense of place, belonging and connectivity or building a single facility that provides state of the art functionality. We provide fabled experiences. Fabled experiences means that we have exceeded our customers high expectations and delivered on the core purpose. is a team of 60 associates and is led by the following group that has over 145 years of combined A vibrant 3,000-acre master-planned community designed to enhance all aspects of life. Integrates: Neighborhoods with recreation natural areas Art and sculpture Shopping and dining Business opportunities Medical services Community events is a team of 60 associates Trails, and is led lakes by the & following gathering group that has over 145 years of combined spots is a team of 60 associates and is led by the following group that has over 145 years of combined A 935-acre master-planned community that will connect a walk-able mixed-use urban core to significant employment centers with a balance of urban connectivity and natural open space amenities. Planned to integrate: Neighborhoods with recreation Shopping and dining Corporate & research district Medical campus Community events is a team of 60 associates Trails and and is led gathering by following spots group that has over 145 years of combined is a team of 60 associates and is led by the following group that has over 145 years of combined 3
4 Manteca City Council Meeting 12/21/2010 California History California History has also been developing in Southern California for 15 years. We have a 12 year relationship with the City of Garden Grove, and control 65 acres within the InterantionalWEST redevelopment corridor. Our first project in Garden Grove (in partnership with Stonebridge Co.) was a 28 acre development that today includes: 6 Hotels 5 Restaurants is a team of 60 associates and is led by the following group that has over 145 years of combined is a team of 60 associates and is led by the following group that has over 145 years of combined is now going to develop a Great Wolf Lodge in Garden Grove, California. The project is located 1.5 miles south of Disneyland. Project highlights planned: 600 hotel rooms 3 acres of indoor/outdoor water park 30,000 s.f. of conference space 7,500 s.f. of premier restaurant space 1,000 space parking structure is a team of 60 associates and is led by the following group that has over 145 years of combined is a team of 60 associates and is led by the following group that has over 145 years of combined is a team of 60 associates and is led by the following group that has over 145 years of combined is a team of 60 associates and is led by the following group that has over 145 years of combined 4
5 Manteca City Council Meeting 12/21/2010 Northern California - Manteca GWR believes 2 properties are similar to Manteca in terms of demographics and market suitability Poconos Grand Mound In comparing markets we focus on: Population Households Target Population Women Children in Household Average Household Income Northern California - Manteca W25-49 Children in Population Households Population Household Average HH Room Nights Income ('08 and '09) GWL - MANTECA Total 1 to 2 Hour 12,557,850 4,391,063 2,246,454 41% $69,657 TBD % of total presented 79% 80% 81% TBD GWL - GRAND MOUND Manteca, CA Total 1 to 2 Hour 7,479,167 2,909,848 1,358,382 35% $61, ,159 % of total presented 92% 93% 93% 88% GWL POCONOS Total 1 to 2 Hour 28,912,023 10,649,321 5,311,303 34% $75, ,581 % of total presented 71% 70% 72% 82% Conclusion: With 13 years of operational experience and based on the demographic comparison presented, we believe Manteca is an excellent market for. Community Benefits Recognition as a tourist destination Over 400,000 visitors estimated annually Community days for residents to come to GWL Tax revenues for the city Over 1000 construction and trade jobs during construction 500 new permanent jobs in Manteca 5
6 Manteca City Council Meeting 12/21/2010 Site Location Project Specifications Phase Guest Rooms 30,000 Square Foot Conference Center 70,000 Square Foot Waterpark Expansion Options 200 Guest Rooms 30,000 Square Foot Conference Center 40,000 Square Foot Waterpark Front Entrance View from the West Great Wolf Drive View from 120 Aerial View Hwy 120 6
7 Manteca City Council Meeting 12/21/2010 Aerial View Aerial View Aerial View Arrival from BLD Arrival from the East Outdoor Waterpark View 7
8 Manteca City Council Meeting 12/21/2010 Outdoor Waterpark View Creating Family Traditions, One Family At A Time 8
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