DUE DILIGENCE & NEXT STEPS
WHAT HAS BEEN COMPLETED • The project has successfully advanced through key due diligence and early milestones. The Development Review Committee (DRC) Pre-Application Meeting with the City of Palm Beach Gardens was held on November 6, 2025, and DRC Sufficient Status was issued on November 17, 2025, confirming alignment to proceed toward permitting. • The Range House/Teaching Studio design, including all technology infrastructure, is complete. • Schematic designs have been completed for the Starter Shack. Next Steps & Remaining Work • Permitting is the immediate focus, with the Starter Shack permit submission targeted for February 2026 and the Learning Center targeted for April 2026. The team will complete the DRC process, finalize permit documents, submit to the City and agencies, and issue construction-ready drawings for final contractor pricing. Contractor bidding will continue to be develop as the project evolves. • Construction is anticipated to begin in early Summer 2026. • Contractor bidding will take place, with an expectation that contracts will be signed in March 2026. WHAT IS TO BE COMPLETED
Frenchman’s Creek | 18
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