Lionsback Resort FAQ

FUTURE DEVELOPMENT

WHAT SIZE ARE THE RESIDENCES? Lionsback resort will feature two- and three-bedroom single family homes known as “Casitas” ranging in size from roughly 1,600 livable square feet for the Strata Casita, 2,100 livable square feet for the Mesa Casita, and up to 3,000 livable square feet for the Spire Casita. WHAT AMENITIES ARE OFFERED AT LIONSBACK RESORT? Lionsback Resort is surrounded by some of the most incredible natural amenities that could never be replicated by man. The 9,000 acre Sand Flats Recreation Area is directly adjacent to Lionsback which offers world class mountain biking, hiking and four-wheeling. In addition to the biking and hiking trails that will be developed on the resort site, certain Club amenities, including, without limitation, the Club pool, are anticipated to be constructed along with the second phase of Casitas and will be available to Casita Club Members and certain guests (see “The LB Club” section below). WHO IS THE DEVELOPER OF THE PROJECT? The developer of Phase 1 of the Lionsback Resort is LB Moab Owner Phase 1, LLC who is solely responsible for the development of Phase 1 of the project. Invent Development Partners manages and oversees the development process. The principals of Invent Development Partners have over 60 collective years of resort and urban development from coast-to-coast. CHAPTER FOR THE STORY OF MOAB inventdp.com A NEW

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DEVELOPER Our vast knowledge in all aspects of the real estate development process, coupled with our attention to detail at every turn, provides the valuable edge you need to succeed in today’s highly technical and competitive marketplace.

WHEN IS THE HOTEL GOING TO BE DEVELOPED? The proposed Lionsback Resort Hotel is envisioned to provide a 4-star, family-friendly experience with guest rooms, spa, fitness center, pool, restaurant and a 7,500 square foot conference center and wedding venue. The development of the proposed hotel is contingent upon market conditions, government approvals, and equity and debt financing and may or may not be developed in the future. HOW MANY PHASES ARE THERE? The full development is envisioned to have 5 residential Casita phases and 1 hotel phase. However, both the SITLA Development and Ground Lease and the City of Moab Development Agreement allow for flexibility in the phasing of the project. WHAT IS THE TIMING FOR FUTURE PHASES? The development of future phases will be dependent on market conditions, governmental approvals, and equity and debt financing. Future phases may or may not be developed and there are no guarantees that any future phases will be completed beyond the development of Phase 1.

ARCHITECT HKS creates experiential destinations that touch the soul of every guest. Our global team takes an inclusive, forward-thinking approach to create bespoke designs for our clients, their guests and communities. Curiosity, creativity and intelligence are the hallmarks of our design teams who balance beauty and performance in each environment they create.

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INTERIORS Our approach is simple. We create uncomplicated, authentic interiors that complement the natural environment.

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