This letter serves as an introduction to the ownership team of the proposed 150 room boutique Cambria Hotel in the City of Pleasant Hill.

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Transcription:

Attachment A

April 4, 2018 Greg Fuz City Planner City of Pleasant Hill 100 Gregory Lane Pleasant Hill, CA 94523 Re: Letter of Introduction of the ownership team for the proposed 150 room boutique Cambria Hotel located at 3131 North Main Street Pleasant Hill, CA containing 2.48 acres (the "Property''). Ladies and Gentlemen: This letter serves as an introduction to the ownership team of the proposed 150 room boutique Cambria Hotel in the City of Pleasant Hill. STRATUS DEVELOPMENT PARTNERS, LLC Stratus Development Partners, LLC is a full-service real estate firm established in 1993 and based in Newport Beach, CA. Together the highly talented team of principals encompass over 45 years of institutional real estate development experience in origination, entitlement, repositioning and management focused on value-added strategic acquisitions and innovative developments. Over the last 25-years the principals of Stratus have designed, developed, repositioned, financed and actively managed over 50 premier hospitality properties totalling over 9,000 keys though out the US including Copley Square in Boston and The Southland in Dallas. Stratus is a preferred development partner with Choice for the lifestyle boutique Cambria Hotels. Stratus is current building and developing several other Cambria Hotel boutique properties through the US in priority markets. Current Development Projects Flag Kmpton Cambria Hotels Rooms 140 90 135 150 180 247 140 145 158 170 135 City San Juan Capistrano, CA Napa,CA Sonoma, CA Pleasant Hill, CA Santa Clara, CA San Diego, CA Burlington, VT Hillsboro/ Beaverton, OR Downtown Orlando, FL Potomac Yard, MD Boulder, CO Stratus Development Partners, LLC 17 Corporate Plaza Suite 200 Newport Beach, CA 92660

CAMBRIA HOTEL DESIGN STANDARDS Cambria Hotel design standards include best in class amenities including spa bathroom amenities and luxurious bedding. Connectivity Panel technology. Large Flat panel TVs in living/work room and bedroom areas. Microwave, refrigerator, Wolfgang Puck coffee. Swimming pools and state-of-the-art fitness center. Contemporary dining with the barista gourmet coffee bar, hot breakfast buffet and dinner menu. A 24/7 convenience store with comfort food as well as healthy and organic snacks. Free high-speed wired and wireless Internet access and Choice Privileges Cambria Napa 2Q19 Opening https://www.dropbox.com/s/lb7m5xmf7682f76/7149 Cambria NapaValley Final.pdf?dl=O Cambria Sonoma 2Q19 Opening https://www.dropbox.com/s/xvtkefociap6m96/7150%20cambria%20sonoma Emailsize.pdf?dl=O CAMBRIA HOTELS./ Choice Privileges was rated the #1 Guest Loyalty Program by USA Today in 2017./ Cambria Trip Advisor ranking is #1 in the upscale segment with a 4.4 out of 5 stars./ Choice Privileges rewards program is the fastest growing in the industry and has 35M members, we added 5.lM new members in 2017 RECENTLY OPENED CAMBRIA HOTELS Nashville, TN Asheville, NC DT Dallas, TX El Segundo/LAX, CA New Orleans, LA Mile North Chicago, IL Times Square, NYC Washington, DC Plano, TX White Plains, NY Miami Airport, FL Chelsea, NYC Rockville, MD. Dallas/Forth Worth, TX McAllen, TX Durham, NC Newport, RI Chicago Loop, IL WESTERN U.S. PROJECTS UNDER DEVELOPMENT Anaheim, CA Chandler, AZ Los Angelesf"L.A. Live", CA Downtown Los Angeles, CA Desert Ridge, AZ Downtown Seattle, WA SeaTac Airport, WAN apa, CA Malibu Canyon, CA Long Beach, CA Sonoma, CA Glendale, CA Burbank, CA Bremerton Island, WA Denver, CO "Arts District" DT Phoenix, AZ "Wine Country" Buellton, CA Ontario Airport, CA Santa Barbara, CA "Selma" Hollywood, CA Hillsboro, OR, Union Square San Francisco, CA, Pleasant Hill, CA, Santa Clara, CA, San Diego CA CHOICE HOTELS INTERNATIONAL INC. Choice Hotels International, Inc. (NYSE CHH $4.6SB market capitalization) is one of the largest and most successful lodging companies in the world. Choice currently franchises more than 6,800 hotels, representing more than 500,000 rooms, in more than 40 countries and territories. As of December 31, 2017 Choice Hotels International, Inc. total revenue of $1B and $928M in assets. The senior management team at Choice together with Stratus have approved the site plan and building layout for the Property. Very truly yours, C::;? Andrew Wood Stratus Development Partners, LLC Stratus Development Partners, LLC 17 Corporate Plaza Suite 200 Newport Beach, CA 92660

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