September 15, 2014 Dear Friends and Neighbors: As you may have noticed, things are moving and shaking at Germantown Mill Lofts, the site formerly known as the Goss Avenue Antique Mall. We want to take a moment to formally introduce ourselves and make you aware of what to expect in the coming months as this property is transformed. Underhill Associates, Brasch Constructors, and Wells Fargo Bank are all proud to announce the commencement of an exciting 18 month reconstruction of this entire city block. The existing structures, which originally operated as a cotton mill beginning in the late 1800's, are on the National Historic Register and will be renovated following state and federal guidelines. We are going to create 183 loft style apartments along with amenities such as ample green space, community centers, and specialty cafes on the site. We think that you will be thrilled with our plan and we look forward to inviting you to a special preview party within the next several weeks to see all of the details as they unfold. Our vision is to create a product that will make Germantown proud and reverberate throughout the neighborhood, encouraging growth, improvement, and value across the board. Underhill Associates, the redeveloper of the site, is a third generation family company with over 40 years of experience in the Louisville Market. The company excels in renovating forgotten or downtrodden building and repurposing them to better serve the marketplace and in turn improve the surrounding communities. Underhill Associates has a passion for historic rehabilitation, and the company got its start by revitalizing hundreds of houses, buildings, and hotels in both Old and downtown Louisville. In more recent years, notable projects have included those like the conversion of Westport Village Shopping Center, where a defunct complex was turned into Louisville's most premiere local shopping, dining, and lifestyle venue. Underhill Associates is fully committed to Germantown Mill Lofts and is proud to be moving its corporate offices to 1030 Goss Avenue in early November. Brasch Constructors is an award winning, Louisville based General Contracting firm with over 25 years of experience in historic renovation. Notable projects include: Westport Village Shopping Center, The Chapel at Bellarmine University, The Filson Club, and Water Tower Square. Brasch Constructors is also a local neighbor with offices just blocks away at 901 Lampton Street. As a team, Underhill Associates and Brasch Constructors will create a very quality product in the heart of Germantown. During Construction, please be assured that we will try to cause as little disruption to your daily lives as possible. The onsite construction office is located in the former daycare building at 1318 McHenry Street, Workers will be on site daily from Monday through Friday and will work hard to keep the grounds free from trash and debris. We will have security cameras on site along with various other safety measure, but we ask that if you see any suspicious activity to please call the police. If you have any questions regarding this letter, please feel free to contact us. Sincerely,

Susan Brasch,

502-587-7175

Jordan King, 502-585-6369 Day to Day Construction Contacts: Dawn Gryboski, Project Manager 502-587-7175 Dennis Simmon, Superintendent 502-442-8623