Ribera Development, LLC Prepared Preliminary Concept Plans for the Hunnicutt Property Located in Raleigh, NC

ESP Associates, Inc. has prepared Preliminary Concept Plans for the Hunnicutt Property consisting of 24.08 acres zoned for R6 permitting townhome-medium density development. Project density projected to yield 165+/- townhome lots subject to final engineering. The property is located within 1 mile of the Raleigh Beltline and 4 miles of Downtown Raleigh at the intersection of Dowling Road and Gregory Lane.