100 PALISADES PKWY Grafton IL 62037

The Palisades (the “Property”) consists of approximately 143 acres of scenic, shovel-ready land located between Alton and Grafton, Illinois in the greater St. Louis Metro area. The Property overlooks the confluence of the Mississippi and Illinois Rivers and is renowned for its dramatic bluffs, scenic beauty and views of downtown St. Louis. There is nothing in the St. Louis area that offers the mix of location, natural amenities and surrounding development character existing at the Palisades. The Property’s natural beauty is further enhanced by approximately 430 acres of nature preserve (the “Palisades Preserve” or “Preserve”), located on three sides of the Property, that are forever protected from development. Zoned for commercial, the Property is an ideal location for developing a destination hotel resort, luxury hunting lodge, corporate or family retreat.

The Property is also adjacent to Raging Rivers WaterPark (“Raging Rivers”), a destination water park that has attracted approximately 90,000 seasonal guests on average for the previous ten years. Raging Rivers has common ownership with the Palisades and can be purchased in a separate transaction in conjunction with Raging Rivers (see accompanying Raging Rivers Confidential Information Presentation).