HORTON PLAZA REDEVELOPMENT

Welcome to Horton’s Community Updates. Horton is a Life Science Hub in Downtown San Diego occupying over 10 acres, 7 city blocks and 1 million square feet. We are excited to partner with Jimmy Parker and Stockdale Capital Partners to share the Horton Community Updates.

Below are videos and three and half years of newsletters that we have been sharing with the San Diego Downtown Condominium Community. In May, we will begin providing video updates instead of written blogs which will be added to this blog.

Follow us for Instant Updates:

A Life Science Hub in Downtown San Diego

Rendering Video Released 2.5.2021

HORTON
COMMUNITY UPDATES
July 2020 to March 2024

Page 1 of 2

MONTHLY PROJECT UPDATE

Since February came in like a lion, we are hoping that March will be a little more lamb-like this year. Regardless, we have been making tremendous progress, pouring the concrete walkways and terraces between rain events, while our experienced trades are installing planters, lighting, handrails, and landscaping on all levels of the Horton campus.

This month, we expect to test and complete most of the systems at 100 Horton like Smoke Control, Elevators, Stairway Pressurization, and Electrical as we ready the building for occupation. Once again between rain events, we are cleaning the exterior of the building while continuing the additional plantings in the balcony planters on levels 5 through 10.

Work at 200 Horton will focus on the final touches of the outdoor walkways, patios, and balconies while the exterior windows and surfaces are cleaned. We are also testing and fully energizing
the electrical systems throughout the building. A very public final touch is the installation and programming of the exterior lighting of 200 Horton, some of which can be easily viewed by our Marina District neighbors.

At the same time as we are finishing work at both 100 and 200 Horton, preparation continues of the soil and systems necessary to install the new sidewalk surfaces and amenities along both G Street and 1st Avenue. If you passed by 1st Avenue lately you may have noticed the Western Sycamore trees have arrived and have begun being planted throughout The Passage between 100 and 200 Horton, completing the tree canopy that’s long been planned for Horton’s primary connection to the Marina District.

ANNOUNCING SUNLIFE ORGANICS

We are excited to announce that SunLife Organics is coming to Horton. After opening their first establishment in Malibu, California (2011), founders Khalil Rafiti and Hayley Gorcey have built a solid health and wellness-based brand that now spans the nation from the Pacific to the Atlantic oceans. Known for their organic smoothies, acai bowls and other deliciously healthy items, SunLife Organics is expected to fit nicely in its neighborhood- serving First Avenue location, directly adjacent to health and wellness anchor tenants Sprouts and Studio 3 at Horton 200.

Page 2 of 2

LET THERE BE LIGHT

As we near the completion of our unprecedented transformation from a nearly empty Horton Plaza into the newly-vibrant Campus at Horton, the details are important. Details like the planting of native and drought resistant, full-size trees, to the larger details of the soon-to-be-thriving public spaces throughout Horton’s engaging retail thoroughfares (December 2023 update). This month we would like to share a few sneak peeks of the extensive lighting program now in operation throughout the campus. This sophisticated, all-inclusive system is designed to instill wonder while establishing safe and inviting environments for all our guests, residents, and employees throughout our 10-acre campus.

PROJECT PRESENTATIONS

Our Community Commitment Program includes supporting educational programs and providing information presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

Follow us for project updates and news on Facebook, Instagram, and X (formerly Twitter) at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

Page 1 of 2

MONTHLY PROJECT UPDATE

Before we begin to provide the outlook of construction activities for February, we would first like to acknowledge the impacts from last week’s storm that dropped an unprecedented amount of rain on the San Diego region. Our collective hearts go out to those in many of the communities to the south of downtown who endured the greatest amount of the storm’s impact, and we wish them a swift and full recovery.

We, like many, saw tremendous amounts of precipitation fall
in a short amount of time, but unlike years past, thanks to our newly installed drains and pumps, along with a nearly completed building envelope and recently poured public walkways, we were able to handle the deluge with very little impact. Though it’s difficult to predict a storm of such magnitude, much less design and install systems that will handle it, we would like to recognize the work of our architects, engineers, and especially the dedicated workers that helped us be ready when the rain began to fall.

This February, 100 Horton will be moving further towards completion as we test the sophisticated smoke control systems and commission all the extensive mechanical equipment throughout the structure.

The final punch lists for electrical, elevators and stairway pressurization are well underway and look to be completed this month. The restoration of the G Street sidewalk continues with critical site preparation before plumbing, concrete, and landscape activities commence in the coming months.

Activities in 200 Horton will be primarily focused on completing the multi-terraced walkways, patios, and balconies. We will also be working on the energization of the building, as we bring Vault #2 back online after much needed upgrades and improvements. As with G Street, public space restoration of the 1st Avenue sidewalk environment will also commence in February.

Looking around the rest of the Campus, 300, 500, & 600 Horton are nearing completion and in February, they will start the process of addressing their final items on their respective punch lists and commencing post-construction cleaning protocols in preparation for the upcoming tenant-based improvements. This coincides with the formation, pouring and finishing of the several staircases with sustainable, indigenous prioritized landscaping, connecting the cascading Retail Plazas with the purposeful connections to the Marina, City Center, and Gaslamp neighborhoods.

Page 2 of 2

PUBLIC SPACES = COMMUNITY

A primary goal of Stockdale Capital Partners, when they purchased and reimagined Horton Plaza, was to create a place where people feel a sense of excitement on arrival, a place filled with people sharing the friendliness of a cherished park space, public markets, or a neighborhood promenade. In the not-so- distant past, as open space disappeared and urban parks fell into disrepair, shopping malls, department stores, and movie theaters served to provide that as a cultivated urban experience. Soon though, as we have begun to redefine the urban human experience, we have realized that open-air public spaces are needed to fulfill this basic human desire for sociability.

We recognize that the public environments that, by their very design, enable people to encounter those they would not normally come across and transform ‘others’ into individuals who are recognized and engaged are essential for improved social cohesion, enhanced well-being, and a valued sense of place. This has never been more important due to the lingering social impacts from pandemic-fueled isolation and various societal changes creating, as the U.S. Surgeon General has warned, a “loneliness epidemic”.

By committing significant time, effort, and resources, Stockdale Capital, with Horton’s defined park spaces, open paseos, and tree-lined walkways, has transformed a significant portion of downtown San Diego from a retail “fortress” into a community center that provides improved social cohesion, enhanced well- being, and a welcoming sense of belonging for its residents, employees, neighbors, and guests.

PROJECT PRESENTATIONS

Our Community Commitment Program includes supporting educational programs and providing information presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

(Subject to Change Without Notice)

March 26, 2024 — Solana Beach ECO Rotary

Follow us for project updates and news on Facebook, Instagram, and X (formerly Twitter) at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

MONTHLY PROJECT UPDATE

From all of us at Stockdale Capital Partners and the entire team at the Campus at Horton, we wish you a healthy, happy and meaningful new year!

As in years past, we have looked back at the year 2023 to remember all the terrific accomplishments and milestones achieved over the past 12 months. Here are a few:

HORTON PLAZA PARK

The lease was approved in 2022, but it led to the signing of new tenants, Shake Shack and Sweetgreen, in 2023. Also, the designs have been submitted to the City for permitting so we can commence with the improvements in 2024.

100 & 200 HORTON

The final ACM panels have been installed on both buildings, completing the external shell in preparation of tenant build-outs. Most notably, Sprouts Farmers Market.

CHILLED WATER PLANT

All of the crucial steps to commissioning have been completed in 2023 and we are ready to complete the final connections as the tenants come online in 2024.

ELEVATORS

New elevators have been installed throughout the campus, with a few more to go in 2024. The most striking are the Dasso wood- covered “bank-of-three” elevators connecting the Retail Plaza to the upper terraces. With their newly-installed accent lighting, this area has become an elegant backdrop for the new trees in the plaza.

HORTON PUBLIC ART PROGRAM

The outreach launched last summer yielded so many talented submissions that we have been spending the last three months in the selection process. A process that not only sought to select the right artists, but also the most significant locations at Horton to embrace each piece in a way that accentuates the guest experience on every visit.

NEW WALKWAYS AND STAIRS

These are being installed throughout Horton and multiple levels. Probably the most significant in 2023 were the Spanish Steps and the Retail Plaza entry. For 2024, the public access enhancements will continue, including the replacement of the sidewalks and their related structures and plantings on both 1st Avenue and G Street.

PLANTERS

Whether on the balconies of 100 Horton or the walkways of the Retail Plaza, the installation of planters throughout the campus was a tremendous achievement for 2023, setting the stage for the comprehensive landscape installations scheduled to occur in 2024.

Page 2 of 2

TREES

Of course, the introduction of full-size trees to the campus was an important milestone for Horton in 2023. We highlighted the install of the massive twin-trunk Live Oak in November, but many more trees arrived in December to establish The Clearing at the entrance to 200 Horton as a new pocket park at Horton for the residents and visitors of Downtown San Diego.

These highlights are only a small part of the tremendous list of 2023 Horton accomplishments which may seem almost insignificant when we look back at 2024 and the push towards reopening.

ANNOUNCEMENT OF COMING RESIDENTIAL PHASES AT HORTON

Based on the several inquiries we received, many of you heard about our mid-December announcement for the next phase of Horton’s rebirth. Please understand that it is early in the process and many details will need to be refined in the coming months, but we are excited to share that we will be including a significant number of residential units in the subsequent phases of the Horton project.

Timing has always been the question with our additional Horton phases and with the many significant strides made towards the completion of the Horton campus in 2023, coupled with the expected announcement of several new tenants in 2024, now seems the right time to move forward with the planning of the first residential tower on Broadway Circle.

The Horton footprint is seven city blocks in the center of Downtown San Diego, and with its multiple transportation connectors, proximity to the region’s finest entertainment venues and attractions, and connection to unequaled neighbor-serving amenities, it is easy to see that Horton is the ideal address for persons seeking a premiere San Diego urban lifestyle.

PROJECT PRESENTATIONS

Our Community Commitment Program includes supporting educational programs and providing information presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

(Subject to Change Without Notice)

January 8, 2024 — World Design Capital 2024
March 26, 2024 — Solana Beach ECO Rotary

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

Page 1 of 2

MONTHLY PROJECT UPDATE

If you have had the opportunity to view the balconies of 100 Horton lately, you would have seen workers spread across the building adding the planter-based railings to floors 10 through 6. That work is almost complete now, which means those crews will be adding the dirt in December in preparation of adding the extensive plantings in 2024.

The rehabilitation of the Palazzo continues in December. This month we are striving to complete all the structural work to lower stories that will transform its bones into modern, engaging retail storefronts. Then we can continue the important work to fully restore the mosaic exterior. We are proud to share that the terraced walkways that weave in and out of the Palazzo are almost finished, with just a few more concrete pours to occur over the next two months. This also includes the mortar beds and pavers for the oversize balconies of 200 Horton that encircle the four-story Clearing area.

Now that the first trees have been ensconced in the Retail Plaza, the work of waterproofing the entire area moves ahead in December. This is the precursor to the building of forms and adding the strengthening structures that are essential for the pouring of the planters and walkways that will wind their way to the front doors and storefronts of the Shops at Horton.

THE TREES ARE HERE!

We hope you share our excitement about the trees being planted at Horton. Besides the obvious attributes, the Trees at Horton are going to provide a tangible relationship to nature often missing in urban environments. To us, they are the living embodiment of our commitment to sustainable practices and enduring wellness.

The journey of these first arrivals to the Campus at Horton involved freeways, airways, and even iceways. Delivered from their East Country growing grounds by eighteen-wheeler, the trees were lifted to the Retail Plaza by two separate cranes, and then moved into place on wooden rollers. The largest specimen, the 32-foot Live Oak, needed extra accommodations to descend into its tree well, ice. Hundreds of pounds of block ice were placed into the tree well so the Live Oak could slowly melt into its new home, a few steps from the newly rebuilt Spanish Steps.

As we promised, our Live Oaks are not the only trees being installed here at Horton. Nestled against the 500 Horton staircase/elevator assembly and a few short steps from the Live Oak, there are now a couple of beautiful Pineapple Guava and Olive trees.

Page 2 of 2

THE “SPANISH STEPS” REVIVAL

We recognize that the original Spanish Steps that inspired Jon Jerde and Ernest Hahn so many decades ago is to be found in Rome, but the product of their inspiration is solidly ensconced here at Horton. Of course, it is of smaller scale than the original, but it is an essential element in our quest to reconnect Horton with the surrounding neighborhood.

After many months of preparation, waterproofing, forms, and concrete pours, this priority entrance is really starting to take shape with an obvious “green” bias that features its prominent, cascading planter-beds. It also anchors the multi-faceted access plan of elevator, escalator, and stairs to transport visitors up to the expansive Retail Plaza at Horton.

HAPPY HOLIDAYS FROM HORTON

As we are solidly into the 2023 Holiday Season, we would like to take this opportunity to thank you, our neighbors, friends, and supporters for your patience and encouragement we have enjoyed in 2023.

We continue to strive towards completion, but to allow our staff, vendors, and suppliers to spend this important time with their loved ones, we will stop construction activities at 1pm on Friday, December 22nd through Monday, December 25th. We will also close early on Friday, December 29th at 1pm through Monday, January 1st.

For those looking to enjoy the season in the Gaslamp Quarter and the surrounding neighborhoods, please know that we will maintain our high standards of round-the-clock parking and security operations throughout December and into the new year.

PROJECT PRESENTATIONS:

Our Community Commitment Program includes
supporting educational programs and providing information presentations. If you would like to have us provide a Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)
December 7, 2023, … Columbia Community Foundation, Board
March 26, 2024, … Solana Beach ECO Rotary

Follow us for project updates and news on X, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

Page 1 of 2

MONTHLY PROJECT UPDATE

November will be a busy month as we welcome the arrival of our large specimen trees, install the planters on the 100 Horton balconies, and continue to pour the new pedestrian walkways of the original Jon Jerde, Italian hillside village inspired, terraced canyon.

Continuing with the canyon area, work on the rehabilitation and restoration of the iconic Palazzo continues with the addition of an internal staircase on levels four and five, along with ceiling and wall surface restoration. The newly poured ‘Spanish Steps’ are being finished and waterproofed, while its planter beds get waterproofed and outfitted with hyper-efficient irrigation systems. Right next store in the 600 Horton Building, the essential elevator cab installation work begins to remove any access barriers to Horton’s state-of-the art Campus.

Work on 100 Horton continues its progress towards completion with final roof work moving into its last stages. Conclusion of the structural work, progressing to the finishes on the two “Speed Ramp” connections to the parking structure are a high priority this month as we are realizing the last

steps towards the fulfillment

of fully contained building envelope before the winter months arrive. This will put us in perfect shape to continue commissioning essential building management/operation systems.

Page 2 of 2

THE TREES ARE COMING!

As we shared earlier this year, full-size trees that will call Horton home for decades to come, are going to be planted here at Horton. Starting this week, native Live Oaks, and Sycamores, along with drought tolerant Willows and Olives, that will make up a major portion of our urban forest, are arriving at the property to be planted throughout the Horton Campus.

NEWLY REMODELED CHILDREN’S PARK TO REOPEN NOVEMBER 14TH, 2023

We at Stockdale Capital feel that parks and related open space is essential for healthy neighborhoods. That is why we have committed significant resources to reimagine Horton Plaza Park as an open green space for people to connect, recharge, and thrive. This motivation drives the aesthetic of the entire Horton project in creating additional neighborhood serving green spaces throughout the retail areas of our Campus.

PROJECT PRESENTATIONS:

Our Community Commitment Program includes supporting educational programs and providing information presentations. If you would like to have us provide a Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

November 2, 2023—City of San Diego Park & Recreation Volunteer Event

November 7, 2023—SDAR – Downtown “Envision” Forum

November 30,023—Friends of Downtown

March 26, 2024—Solana Beach ECO Rotary

Follow us for project updates and news on X, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

GET INVOLVED

Please use this link https://www.sandiego.gov/volunteer-program to learn about the many opportunities to get involved in downtown and throughout our community.

Page 1 of 2

MONTHLY PROJECT UPDATE
Autumn begins and the work continues here at Horton. All levels of the project are active these days as we are addressing the final “punch-list” items as we prepare to transition large parts of the project over to the newly signed tenants and their brand-specific improvements

Public space improvements are also moving ahead in the final quarter of 2023. It seems like we just finished building the frames and installing the drains when another walkway has been poured.
At the same time, our logistics folks are actively planning the delivery, transition and planting of the many raised beds, planters, tree wells and green walls. Stairways are being re-envisioned, rebuilt, and revived. Restrooms are getting outfitted with counters, fixtures, and finishes.

Though most cannot see the high-level, detailed, collaborative work happening every day with our newly-signed tenants, it is this essential planning process that makes it possible to bring
a grocery store like Sprouts Farmers Market to downtown San Diego. Agonizing over every detail, from the loading docks in the truck tunnel to signage on the storefronts, architects, engineers,
craftspeople, vendors, and designers are currently working through the intricate elements that will define the Horton retail experience for our guests.

THANK YOU
When completed, Horton will be the model of iconic branding framed by inspired design and sustainable development. This could not have occurred without the assistance of the many City and County government departments who professionally
and expertly guide and support us throughout the intricate and important permitting processes. Though it does take time, we appreciate these dedicated civil servants and their commitment to help us build a better Horton.

Page 2 of 2

TIME TO ADDRESS OUR ADDRESS
As has been shared in previous editions of the Horton Community Update, we have been spending significant time on establishing a wayfinding program that prioritizes efficiency
over whimsy. From removing architectural barriers to installing significantly more vertical connections, we are utilizing the original “bones” to better relate the business spaces to the parking levels and the entire project with the surrounding neighborhoods.

Every detail has been examined, every option considered, and we are pleased to share with you the new addressing organization for Horton, simply put, its “Horton”:

  • 100 Horton – Life Sciences Office with Ground Floor Retail
  • 200 Horton – Creative Office Space on top of Neighborhood Servicing Retail (Sprouts & Studio 3)
  • 300 Horton – Terraces making up the Southern Edge of the Retail Canyon
  • 400 Horton – Future Mixed-Use Development on Broadway Circle (Horton Phase II)
  • 500 Horton – Multi-Level Hospitality and ‘Entertainment’ establishments overlooking the Park
  • 600 Horton – Unique Retail and Services on Broadway Circle, including the Lyceum Theatre
  • 700 Horton – The Bradley Building, primarily Hospitality with a Park-Adjacent Orientation

Some may not know that the former name of the property, Horton Plaza, was adopted from the historic park located on Broadway. Though not our primary motivation, we are pleased to restore the exclusivity of the Horton Plaza name to the park, resplendent with its revivalist architecture, greenspace, legacy palm trees, and the Broadway Fountain (1908) designed by Irving Gill.

PROJECT PRESENTATIONS:

Our Community Commitment Program includes
supporting educational programs and providing information presentations. If you would like to have us provide a Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

Upcoming Presentations: (Subject to Change Without Notice)

September 29, 2023… San Diego Business Journal
October 9, 2023… Friends of Downtown
October 26, 2023… CityFront Terrace HOA

October 27, 2023… San Diego Green Build Conference

Follow us for project updates and news on X, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

Page 1 of 2

MONTHLY PROJECT UPDATE

This Labor Day Weekend, we would like to acknowledge the many talented workers that have been helping us complete our transformation of Horton. Without the ongoing efforts of the San Diego County Building and Construction Trades Council and their member Trade Unions, this unprecedented, macro-scaled, adaptive reuse project would have been difficult to imagine, let alone execute.

A wide variety of work continues at G Street and 1st Avenue at the base of Building 100. Whether it’s the redesigned parking structure entry at 2nd Avenue, access to best-in-class battery farm on the new Mezzanine level, grading for the new sidewalks, digging tree wells, or the new utility connections, the work goes on in earnest to have these pedestrian environments back and activated in 2024. At the same time, work will begin this month to upgrade the pedestrian bridge access to floors 3 and 4 of the parking structure.

The major focus for Building 200 in September will be the completion of the new 1st Avenue entrance to the Horton Pacific Garage access ramp, as well as the installation of the ACM panel system on the west-facing, lower two Levels.

The scaffolding is also coming down at The Clearing, allowing the terrace work on Levels 3, 4 and 5 to commence.

NEW TENANTS COMING TO HORTON

To be sure, these are unusual times in the commercial
real estate business, however, the overwhelming interest of established and emerging premiere brands wanting to come to Horton has been truly amazing. With that, we are pleased to share with you that Sprouts Farmers Market, Studio Three Fitness, and Salon Republic are coming to the Campus at Horton.

Sprouts Farmers Market will be opening their 11th grocery store in San Diego, the Horton location being their 1st in downtown San Diego. Their focus on farm-fresh produce and other healthy, affordable products is a welcomed addition to the current offerings for downtown employees, residents, and visitors who want to eat healthy even if they are not wealthy.

Studio Three, originally founded in Chicago, IL, will be opening their first West Coast location at Horton. This neighborhood- serving elite-level wellness amenity encompasses three unique fitness studios under one roof: Interval, Cycle and Yoga, all of which are expertly tailored by Studio Three’s experienced instructors to any fitness level of any individual.

Page 2 of 2

Salon Republic’s Horton location will be their 3rd in San Diego County, following their wildly successful Del Mar and Escondido locations. The Horton location will provide stylists and their clients with over 80 studios, all with natural light, plentiful parking, and proximity to Downtown’s residential neighborhoods, restaurants, and premiere performance venues.

When the San Diego City Council approved the lease of The Park at Horton in December 2022, Stockdale Capital Partners promised to secure the type of hospitality offerings that would bring new energy to the park by attracting downtown residents, employees, and visitors every day. With last week’s new tenant announcement on the arrival of Shake Shack and Sweetgreen to Horton, they are already on their way to fulfilling that promise.

Shake Shack is planting a flag in the center of Downtown San Diego at The Park at Horton. Their new location will pay homage to their 1st location in Manhattan at Madison Square Park. It was there that Shake Shack became an instant burger icon, welcoming foodies from all over the world to enjoy fresh, simple, high-quality versions of classic American favorites. Positioned directly adjacent to the historic Irving Gill fountain on Broadway Avenue, the new Park at Horton location has all the same urban genetics as the NYC flagship, covered in a whole lot of Southern California sunshine.

Sweetgreen’s 5th San Diego location is also coming to The Park at Horton. Positioned at the northeast corner of the park, Sweetgreen continues to lead the movement to reimagine fast food by connecting people to real food, meaning no shortcuts and no compromise on quality. Cooking from scratch, building a transparent supply network, and staying true to their belief that the power of real food creates a positive impact in our communities is why we’re thrilled to welcome Sweetgreen to the Campus.

PROJECT PRESENTATIONS:

Our Community Commitment Program includes
supporting educational programs and providing information presentations. If you would like to have us provide a Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

September 05, 2023 — Meridian San Diego, HOA

September 19, 2023 — South Bay Rotary

September 21, 2023 … City Centre Business Improvement District

October 27, 2023 … San Diego Green Build Conference

October 27, 2023 — San Diego Green Build Conference (Tentative)

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

Page 1 of 2

MONTHLY PROJECT UPDATE

The forecast for August is warm and sunny, with great strides happening on the exterior finishes and vertical systems all over the Horton project site.

Starting in Building 100, we are commencing our “punch-list” walks for Levels 5-11. Of course, we only have 10 floors in Building 100, but with all the enterprise-grade environmental and technical life science support systems on the roof, you must count it as a floor. We believe every detail must be checked and double-checked before we begin the custom space improvements for our office tenants, from the grout on the expansive balconies and the fixtures in the restrooms to the exterior finishes of
the building.

Building 200 will see a significant focus on its exterior finishes and surrounding areas this month. From The Clearing’s underground irrigation systems to the installation of window planters, Building 200 is definitely moving into its “green” phase.

The work to install two new elevators in Building 300 and Building 600 continues with pit pours and shaft buildouts. Building 600 is also commencing the testing of the permanent power systems, while we continue the upgrade of the Fire pump room in Building 500.

Speaking of Building 500, the first topping slab pour occurred last week. This is the first of many pours throughout the month of August until both the lower and upper terrace walking surfaces in Building 500 and Building 300, are ready for tenant move-ins.

Page 2 of 2

THE PALAZZO – ANOTHER “RENAISSANCE”

Jon Jerde often said that the Palazzo Building was inspired by the Italian Renaissance style found in the city of Venice. We are halfway through the Palazzo’s next “renaissance” with the complete restoration and adaptive re-use of the Palazzo Building here at Horton. We are truly proud of the work of our trades on this unique element rescued from the former mall. So much so, we thought we would share with you a few photos of the progress.

PROJECT PRESENTATIONS:

Our Community Commitment Program includes
supporting educational programs and providing information presentations. If you would like to have us provide a Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)
August 18, 202— LAI, San Diego
September 05, 2023 — Meridian San Diego, HOA September 19, 2023 — South Bay Rotary
October 27, 2023 — San Diego Green Build Conference (Tentative)

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

Page 1 of 2

MONTHLY PROJECT UPDATE

Summer is officially here and right on queue, the clouds are gone and soon downtown will be full of superheroes, movie icons, and comic book characters.

July will see the continuation of the ACM panel installation at the base of Building 200 as well as the decorative lighting fixtures along the building’s stunning roofline. Elevator installations, stairwell pressurization and exterior building
finish work are happening every day in July. And as in June, the glazing installation, utility work and all-important waterproofing continues Campus-wide.

Speaking of waterproofing, last winter’s rain was an important reminder that even though we are subject to periods of drought, it does rain in San Diego. Because of this, we are diligently and carefully waterproofing the walkways, terraces, staircases, plaza surfaces, sidewalks, structures, and of course, the roofs. If it seems like overkill, please don’t forget that one of our greatest amenities is subterranean: the incredible Lyceum Theatre.

CALL FOR ARTISTS:
HORTON’S PUBLIC ART PROGRAM

Stockdale Capital Partners, working with the City of San Diego, has committed to a significant budget to establish multiple public art pieces throughout the Campus at Horton. To help us in the effort, we have been fortunate to partner with LeBasse Projects, a well-respected Southern California-based contemporary art and culture firm with an impressive resume of successful public art programs throughout California and beyond.

This week, LeBasse Projects officially began posting the Horton “Call for Artists” in multiple artist marketplaces, websites, and platforms to attract emerging and established artists to the program. Through this initiative, Stockdale Capital is actively searching for innovative Artists and Artist Teams with an ability to creatively approach engaging and active public art, who have a deep understanding of how public art complements and challenges our community and civic environment.

Page 2 of 2

JULY 4TH – INDEPENDENCE DAY 2023

In observance of Independence Day 2023, major construction activities will be curtailed on Monday the 3rd and completely stopped on Tuesday the 4th. The Horton parking structure
will continue to be open for regular operations along with maintenance and security operations for the entire property.

JULY 4TH – INDEPENDENCE DAY 1963

Part of our effort to re-imagine the Horton property includes discovering, embracing, and elevating the people, stories, and events that have occurred along our seven downtown blocks over the past 150 years. This rich and important history well exceeds Horton’s reputation as a shopping mall.

“A march to protest against asserted racial discrimination traveled from Horton Plaza to the Civic Center yesterday… a racially mixed group of about 90 persons left the Plaza and it grew to about 100 by the time the march reached the Civic Center.” San Diego Union, July 5, 1963.

This was to be the first of many marches by the Congress of Racial Equality (CORE), lead by its San Diego Chapter Chairman, Harold K. Brown, against the discriminatory hiring practices at Bank of America and San Diego Gas & Electric at the time. We were pleased to learn that Mr. Brown, and his wife LaVerne Brown, continue to call San Diego their home. After an initial meeting, we are honored that Mr. Brown has offered to help us shine a light on both his efforts and those of others to make San Diego truly a home for everyone.

As we did, you can learn much more about the Civil Rights Champion, Peace Corps Volunteer, College Athlete, SDSU Professor, and Local Businessman in his book Fighting the Color Monster by Harold K. “Hal” Brown.

PROJECT PRESENTATIONS:

Our Community Commitment Program includes supporting educational programs and providing information presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

July 10, 2023 — UCSD – USP 151: Real Estate Development July 24, 2023 — San Diego Sun
August 18, 2023 — LAI (Tentative)
September 19, 2023 — South Bay Rotary

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

Page 1 of 2

MONTHLY PROJECT UPDATE

Summer will soon be upon us as Horton continues to reveal the exciting new exterior finishes and updated dramatic architectural design elements of the original plaza.

June will welcome the completion of the ACM panel installation at the base of Building 100 and then the crews will jump right over to Building 200 to add the same environmentally-responsible and energy-efficient panels to the 1st and 2nd Floor of Building 200. This follows the final custom STO panel installation on 1st Avenue, to complete the exterior envelopment of the upper floors.

Staying with Building 200, June will be a big month for this building with multiple glazing installations, underground utilities upgrades, and extensive waterproofing treatments to the terraces and exterior work.

Even though much of the exterior finishes of Building 100 have been completed, the work continues as we add the important features of the lobby and parking structure entrances. The
crew are completing drainage, weatherproofing, and paver systems to our numerous and expansive balconies on the upper floors of the building. Though it is easy to be captivated by the panoramic views of the city, Point Loma, Coronado, and Mexico, these balconies are being constructed to be of the same quality standard of these impressive views.

The north end of the site will see the installation of custom glazing in both Building 500 and 600. At the same time, completion of the restroom fixtures and finishes are on the June schedule, as are ceiling finishes and the waterproofing of the terrace level walkways.

Page 2 of 2

THE BY-BIKE HUB @HORTON

We experienced unprecedented participation at our Bike Anywhere booth this year and the enthusiastic support of our proposed BY-BIKE Hub concept resulted in a tremendous amount of input from the San Diego cycling community. Besides the unanimous affirmation of the need for elevated bike services in downtown San Diego, almost all of survey respondents supported the E Street placement of the BY-BIKE Hub @HORTON. Some of the results, by the numbers:

  • 77% Wanted a Secured Parking Facility, Accessible 24/7
  • 72% Wanted the Storage Area to be Indoors
  • 49% Would like to see a Bike Repair & Maintenance Service linked to the Facility
  • 33% Would like to see a Bike-Focused Retail Component (Bike Parts & Commuter Gear)
  • 21% Think Bike Rentals & Tour Services were Important We also asked respondents to share their feelings on a membership fee to help provide elevated services at the BY-BIKE Hub @HORTON, and 47% said they would pay the fee for the services. Of those who agreed on the membership fee, these are their priorities:
    • 100% Would Pay a Membership Fee for Equipment Lockers
    • 100% Would Pay a Membership fee for 24/7 Secured Access
    • 100% Would Pay a Membership for Discounts on Bike Repairs/Equipment
    • 85% Would Pay a Membership for Showers

PALAZZO UPDATE

We just completed the interior inspection, evaluation, repair, and restoration of the iconic Palazzo structure. It took many months to respectfully and thoroughly complete this most important step on the road to bringing back this structure to its 1980’s brilliance. Easily the most photographed element of Jon Jerde’s original post-modern Horton Plaza, the Palazzo was inspired by Italian Renaissance design, as were several other elements of the 1985 shopping mall.

The next step starts this month as we encase the exterior of the Palazzo to begin the painstaking process of evaluation, cleaning, and restoration of the intricate tile mosaic surface.

PROJECT PRESENTATIONS:

Our Community Commitment Program includes supporting educational programs and providing information presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

June 20, 2023 — Harbor Club HOA

June 21, 2023 — USN NAVFAC SW

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

Page 1 of 2

MONTHLY PROJECT UPDATE

May gray has returned to San Diego though the weather does not match the enthusiasm and energy here at Horton. The overcast but dry skies are a welcome break from the nearly daily rain showers we experienced over the past few months.

This first week of May will see the arrival of another huge crane to lift the remaining pieces needed to complete the Phase Two Roof Screen for Building 100. It took many months of engineering and execution to build and install the enterprise-grade air handling systems that will provide a state-of-the-art building for our Life Science tenants. This is the next step in completing the system. Jumping from the top of the building to the bottom, the installation of the ACM panels continues to wrap the first and second floors of Building 100.

The following months will include the installation of replacement and new escalator systems throughout the campus, including the escalator to Building 600 on Broadway Circle. Its purpose will be to efficiently bring pedestrian traffic from street level to the Upper Retail level. Uniquely situated over the Lyceum Theatre, every effort is being taken to protect and maintain the theater space from any unnecessary impacts once the escalator is fully operational.

Work is going on all over the campus, and we are excited to see many more storefronts emerging from behind their scaffolded shrouds. One stunning design element that we are quite proud of is the Dasso Wood installation adorning the new “bank-of-three” elevators that will enhance the vertical connection of the south side of the campus.

Page 2 of 2

IT’S TIME TO BIKE ANYWHERE

Back again in 2023, the “SANDAG Bike to Work Day” has evolved into the “SANDAG Bike Anywhere Day” and we are proud to once again be a pit stop location. As you may know, May is National Bike Month, a celebration of biking for transportation, recreation, and leisure. To create greater awareness, SANDAG has established May 18, 2023, as Bike Anywhere Day for San Diego. You should know that Bike Anywhere Day is for everyone in the San Diego region, not for those who commute to work. Whether you are a student, family, commuter, bike enthusiast, or someone who is new to biking, pledge to GO by BIKE anywhere on Thursday, May 18, 2023, and you will be joining thousands of your neighbors who value healthy, planet-friendly transportation alternatives. Everyone who takes the pledge and rolls into any of the many pit stops all over San Diego County between 6am and 9am (ours is on Broadway Circle across from Panera Bread) will get a free t-shirt, while supplies last.

Go to SANDAG – Bike Month to get more information and officially submit your pledge.

As a bonus, everyone who comes to the Horton pit stop will be able to participate in our “Horton Hub Survey”. You will have the opportunity to provide us with the important design needs and services you want to see in our envisioned Horton Bike Hub amenity here at the campus.

THE FARMERS MARKET PARKING PLAN

We often get questions about the status of the parking structures here at Horton. First and foremost, the 2200+ parking spaces are staying. Our structure, which is actually two connected structures, is the largest privately-owned parking resource in the area. We recognize and appreciate that it supports downtown employees, residents, Gaslamp businesses, visitors, conventioneers, and even Padres fans. To enhance the safety, efficiency, and the overall parking experience for them and our new tenants, we are in the process of designing and installing both technological and aesthetic upgrades.

We apologize in advance, but the fruits and vegetables navigation system will soon be retired for a more straight- forward wayfinding program. Though it was a creative solution for a different time, we won’t miss the constant complaints we receive on how “A Tomato is a Fruit and not a Vegetable”.

PROJECT PRESENTATIONS:

Our Community Commitment Program includes supporting educational programs and providing information presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

May 11, 2023 — Connect SD
May 23, 2023 — San Diego GreenBuild

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

Page 1 of 2

MONTHLY PROJECT UPDATE

Regardless of the weather report, Spring has come to Horton. The scaffolding is starting to come down and the finishes are moving towards completion all over the Campus.

This April we are excited to begin the build out of two floors of Life Science Lab Space in Building 100. That is almost 80,000 sq. ft. of state-of-the art research facilities for the downtown Life sciences ecosystem. Featuring best-in-class design, these lab spaces are the first of many tenant improvements being coordinated to commence in 2023 as we move towards our expected opening in early 2024.

At the same time, we will be continuing the process of installing the multitude of glazing panels throughout the property. Whether sliding panels to frame our expansive outdoor collaborative environments or the custom, arched windows overlooking the park from Building 500, the Campus is quickly delivering on our “natural light” design promise.

Less obvious, but no less important, April will see a major focus kick-off on the cutting-edge telecom systems specified for each building, tenant space, and public areas of the Campus. Unlike many industrial-corporate complexes, the original design of Horton’s subterranean support infrastructure allows us to build, maintain, and continually upgrade our communications systems 7/24 with little or no measurable impact to tenants or the general public. Another advantage that Horton enjoys is our unique, centralized location in downtown San Diego that allows for premium digital connections with all the major telecom providers.

CELEBRATING SDSU FINAL FOUR RUN

We, like so many here in San Diego and around the country have been amazed and overjoyed at the incredible efforts of the San Diego State University Mens Basketball program in their march towards the Final Four in the NCAA Basketball Tournament. The community pride in their success is obvious and the respect they have gained is well earned.

We know that the hard work and success of these student- athletes is not limited to the court and playing fields. Our local Universities and Colleges have been producing elite level STEM Graduates for decades. These intellectual powerhouses have powered the aerospace, technology, and life sciences industries here in San Diego and around the country more than half a century. The reality is that our academic institutions in San Diego have been producing 1000’s of scientists, technicians, engineers, and mathematicians every year. More, in fact, than most cities anywhere.

Stockdale Capital Partners will be cheering for the Aztecs this weekend, but more importantly we are thoroughly committed to building a home for the creative, brilliant, and talented graduates of our local institutions to be able to have the opportunity to continue to call San Diego their home even after graduation.

PROJECT PRESENTATIONS:

Our Community Commitment Program includes supporting educational programs and providing information presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

Mar. 31, 2023 — USD Real Estate Society Apr. 11, 2023 — Del Mar Coastal Caravan Apr. 18, 2023 — SD ULI Young Professionals Apr. 25, 2023 — CREA

May 23, 2023 — San Diego GreenBuild

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

Page 1 of 2

MONTHLY PROJECT UPDATE

February is a short month that passed quickly by, but it was packed with work amongst the puddles. As foretold in last month’s edition, the Horton Aqueduct has reemerged from the scaffolding showing the true dimensions of the Upper Retail Plaza. With the expansive array of ramps, stairs, and columns relegated to the past, the Upper Retail Plaza can now welcome the warmth of the San Diego sunshine. Horton’s retail storefronts now sparkle and shine where only a few short years ago they were covered in shadow and hidden in the long-outdated quest for “discovery”. Now the iconic Palazzo is truly the king of the plaza. Its dramatic angles and vaulted arches dominate Jon Jerde’s landmark diagonal spine to unite the retail plazas and beckon visitors to the center of the campus. Currently receiving a full-body makeover to address decades of neglect, the Palazzo’s hundreds of thousands of mosaic tiles will soon regain the luster they had on opening day in 1985.

Though many may have not heard of the WELL Building Standard, especially as compared to the much more publicized LEED Building Standard, it is quickly becoming a major measuring factor of successful work environments with the ever-increasing focus on employee/community health, post-pandemic.

Current research has recognized that organizations like Stockdale Capital Partners that invest in creating a culture of health and resilience for their tenants and employees are helping them to be better positioned to handle unexpected challenges and global events.

You may be wondering what an ACM Panel is and why we are so pleased to include them in our design. Besides being a beautiful contrast to the architecturally stunning and sustainable STO panels on the higher stories, the ACM panel system is a practical, well-wearing, aluminum composite exterior skin that helps forward our LEED Platinum efforts with the base material containing 50%+ recycled content (and 100% recyclable should they ever need to be replaced).

Page 2 of 2

HORTON: VERY WELL BUILDING INDEED

The WELL Building Standard is the
first performance-based rating system
to focus exclusively on measuring,
certifying, and monitoring features
of the built environment that impact
human health and wellness. Developed
over 10 years and backed by the latest
research, WELL sets pathways for
accomplishing health-first factors that
help every one of us to do our best work and be our best selves by supporting our physical and mental health.

We at Horton are actively working to achieve the highest level of WELL certification, Platinum. To do this we are pursuing the highest scores for certain features or strategies within all the
ten WELL Concepts including Air, Water, Thermal Comfort, Light, Movement, Nourishment, Sound, Mind, Community, and Materials.

Though many may have not heard of the WELL Building Standard, especially as compared to the much more publicized LEED Building Standard, it is quickly becoming a major measuring factor of successful work environments with the ever-increasing focus on employee/community health, post-pandemic. Current research has recognized that organizations like Stockdale Capital Partners that invest in creating a culture of health and resilience for their tenants and employees are helping them to be better positioned to handle unexpected challenges and global events.

Some have even proposed that “health is the second wave of sustainability,” especially when considered in the context of maintaining a highly productive workforce through thoughtful design and innovative programs which support and sustain the physical and mental health of the people populating their built environments.

PROJECT PRESENTATIONS:

Our Community Commitment Program includes supporting educational programs and providing information presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

Mar. 1, 2023 — Preservation Community Visit

Mar. 8, 2023 — San Diego Downtown Partnership, Board of Directors

Mar. 21, 2023 — City of San Diego – Economic Development Department

Mar. 23, 2023 — Friends of Downtown, Board of Directors

May 23, 2023 — San Diego GreenBuild

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

Page 1 of 2

MONTHLY PROJECT UPDATE

Between the much-needed rain showers, we continue to move towards completion. Starting in Building 100, we are just a few more brush strokes away from completing both internal staircases as we move towards the final phase of preparation for staircase pressurization. As we shared last month, the work to install the exterior finishes on levels 1 and 2 continues to progress nicely. At the same time, the finishes and fixtures are going into the restrooms on all levels. We can’t leave out that the upper-level balconies have received their glazing treatments and ceiling finishes, creating the perfect spots to appreciate San Diego’s million-dollar views.

Over on the north side of the project, Buildings 500 and 600 are also the focus of restroom work with plumbers giving way to tile setters through the end of February. The structural work for the new C01 elevator in Building 600 has begun and though it will take into Spring to complete, the work continues at a steady pace. The Building 300 storefronts are looking spectacular along with the glass handrails and planter boxes.

The rain has caused some delay to the digging of the new Building 300 west end elevators’ foundation pit but the work on its steel structural components is proceeding to plan and once the rains give us a few dry days, the foundation will be as well. Something the rain could not pause however is the emergence of the architecturally impressive “Horton Aqueduct” from its scaffolding shroud. As in the original Jon Jerde design, this iconic element has been restored and enhanced to accentuate the expansive and sun- drenched upper retail plaza.

Out of sight to the neighbors but very important to us is our Chilled Water plant, which in February will begin to undergo the necessary process of energizing and flushing as we advance steadily toward full operation. More conspicuously, we are finishing the utility work on Broadway Circle where the essential vault and utilities work is already complete and the February work will involve mostly sidewalk and curb restoration and improvement.

Page 2 of 2

TREES COMING TO HORTON

From the very beginning of Stockdale Capital’s plan to reimagine Horton Plaza, we have pursued the goal to be the “greenest” urban business campus and lifestyle shopping district. From our industry- leading investment in urban solar energy capture and battery systems, the equally groundbreaking water treatment and use systems, to the preservation of over 60% of the existing structure in an inspired adaptive reuse plan, the Campus at Horton is well on its way towards achieving a rare LEED Platinum certification.

No doubt these best-in-class sustainability achievements are something to be excited about, and we certainly are. But sometimes the simple things can make you truly feel that you can make a difference and that is how we feel about the confirmation of the selection of several of the full-size trees that will call Horton home for decades to come. Native Live Oaks and Sycamores, along with drought tolerant Willows and Olives, will make up a major portion of our urban forest. Here are a few of the Coast Live Oaks coming in 2023.

PROJECT PRESENTATIONS

Our Community Commitment Program includes supporting educational programs and providing information presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

Feb. 3, 2023 … World Design Capital

Feb. 22, 2023 … ULI San Diego-Tijuana

Mar. 8, 2023 … Downtown San Diego Partnership

May. 23, 2023 … San Diego GreenBuild

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/ sidewalks/areas involved with the project.

Page 1 of 2

MONTHLY PROJECT UPDATE

HAPPY & HEALTHY 2023 to all our friends, neighbors, and partners in Downtown and beyond!

As many do at the end of the year, we have been taking stock of the of the major accomplishments that have occurred here at Horton over the past year. You may not remember that just last year we were excited to announce that we had installed over 80% of the STO panels on Building 100. The reality now is we have installed all of the panels, most of the glass, HVAC, plumbing, electrical, and elevator systems in multiple buildings. We have completed the upgrades in the truck tunnel, which includes the improved lighting, plumbing, electrical, and other control systems. Buildings 500 and 600 have emerged from behind the scaffolding on Broadway Circle to reveal the classic lines of the former Knights of Pythias Building are now reflected in the former CVS Building, creating a spectacular, cohesive, and welcoming front door.

In the new year, our builders will continue to finish the Campus. Whether re-creating an historic cornice extension on Building 600, adding tree wells and planters, installing glazing on the Aqueduct, or Building 600, our building teams are going to be busy through Spring readying the Campus for new tenants and their design teams. Another area that has been waiting for its spotlight moment is Horton Plaza Park and the Bradley building on Broadway Circle. 2023 will be the year we redefine, re-imagine, and remodel this one-of-kind community space and iconic property into the true heart of Horton.

Speaking of the Park, with the approval of the park lease, we are now positioned to complete several tenant leases not only for the park, but within the Campus as well. Making the 1st Quarter of 2023 very busy leasing time for us at Horton.

THANK YOU: HORTON PLAZA PARK LEASE

The City Council’s unanimous approval of the Horton Park Lease on December 6th was a big highlight for 2022. All of the support and assistance we received to make this happen is not lost on us and we want to take this opportunity to acknowledge the many people, groups and organizations that helped us to make it a reality. From City Staff to City Leadership, community groups, neighbors, and friends, the list is great, and we are forever grateful for your support, input, and trust to create and nurture a truly valued community space in downtown San Diego.

Page 2 of 2

IT’S AN AQUEDUCT

Though it never was intended to carry water, Jon Jerde brought the design elements of the famous Roman aqueducts of Europe to Horton Plaza back in 1984 to define his original vision to establish a “diagonal spine” that would connect the City Center
of San Diego to the Bay. Early in 2023, the newly refurbished Horton Aqueduct will be emerging from behind the scaffold to lead our guests through the Upper Retail Plaza, without the former obstructions purposely designed by Jon Jerde to achieve Ray Bradbury’s “aesthetic of lostness” or, as some have said, ‘create purposeful pedestrian confusion’.

We won’t contribute to that debate, but we do intend to celebrate the Jerde Spine, with Horton’s newly reimagined retail plazas and terraces, as part of the safest and most enjoyable retail district in downtown San Diego, complete with trees, open air, iconic structures, public art, and fresh new retailers to differentiate and elevate the modern Horton experience.

“FLASH PARKING” COMING TO
THE HORTON PARKING STRUCTURE

We are pleased to announce that we are bringing the latest in parking technology to the Horton Parking Garage. Flash Parking will serve to automate the parking facility, all while enhancing
the positive customer experience through state-of-the-art equipment and software, that will introduce greater safety and efficiency. Some of these technological enhancements will include, LPR (License Plate Recognition), touchless ingress & egress, pay via phone with QR Scan Displays, integration to be compatible with all major online booking reservations systems (i.e., Spothero, Parkwhiz), greater cash acceptance via exit lanes, and new access credential flexibility (Key Cards, Parking App, and/or License Plate).

The installation program is scheduled to begin in early January and the system is expected to be fully operational by the beginning of February 2023. For questions and more information, please contact Gilbert Beltran, Parking General Manager at Gilberto.Beltran@abm.com or (323)229-3148.

UPCOMING PRESENTATIONS

Our Community Commitment Program includes supporting educational programs and providing information presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

Feb. 2023 — ULI San Diego-Tijuana May 2023 — San Diego GreenBuild

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

Page 1 of 2

MONTHLY PROJECT UPDATE

Happy Holidays to all our friends and neighbors. It’s natural at the end of the year to take inventory of the ups and downs, and though 2022 has brought many challenges for us all, we have a lot to be thankful for. First and foremost, we continue to be thankful for you, our neighbors. Your understanding and support as we transform the former Horton Plaza into the Campus at Horton have been, to say the least, inspirational and humbling. We also want to recognize the hard work and skill of the men and women of the local building trades who have been essential in the steady progress we are making towards completion. Last, but not least, after almost three years of community outreach and discussion with City Staff, we are bringing the new Horton Plaza Park Lease to the City Council for approval on Tuesday, December 6th (see the article below for details).

As we provided in last month’s project update, the scaffolding has gone up, in and around the Palazzo as we prepare to re- enforce, re-imagine, and restore this iconic structure. This month we begin the painstaking process to remove the past-prime stucco interior finishes, address any structural deficiencies and then apply the new EIFS finish. In case you are wondering, the EIFS stucco system provides greater water protection while creating a significant barrier against air intrusion than the original stucco products of the 1980’s.

We are very excited to learn that work will begin this month on the framing and sheathing of the lower two floors of our buildings on 1st Avenue. This work is an essential step towards the completion of the street level finishes and storefronts in preparation of being able to start delivering spaces for tenant specific improvements by the end of the first quarter of 2023. Look for leasing announcements coming in the new year!

COMMITMENT TO THE NEIGHBORHOOD: HORTON PLAZA PARK LEASE

It all started with three, well-attended community workshops in 2019 followed by countless hours of design development, ongoing community outreach, and many meetings and discussions on equity and community benefit with the City of San Diego staff. We are excited to learn that our plan to lease and re-imagine Horton Plaza Park will finally go in front of the City Council on Tuesday, December 6th, for their review and support. Inspired by our neighbors, our plan includes a multi-million-dollar investment in shade trees, greenspace, public amenities, elevated food providers, enhanced security, and inclusive programming.

Page 2 of 2

With the approval of the City Council and the Mayor on Tuesday, December 6th, we will be able to commence with our multi-million investment to transform this underutilized public space into the crucial community asset it can be. It is important to note that we will not be using any government funding to deliver on many of the ideas the downtown community gave us during our workshops and extensive community outreach over the past two and a half years. It is also essential to share that should the park, after properly maintaining, providing for security, and regular activation, realize any revenues, Stockdale Capital will share those funds on a 50-50 basis with the City of San Diego.

To participate in the Community input process with the City Council on this item, we recommend using the following link: Agenda Comment Form | Office of the City Clerk | City of San Diego Official Website

WE ONLY JUST GOT TO KNOW YOU

The big 550 Ton Crane that arrived in mid-November will be saying goodbye this month. After countless deliveries of state- of-the art HVAC equipment to the top of Building 100, it will depart the morning of Saturday, December 17th. This will involve a one-day closure of 1st Avenue, from G Street to E Street, starting first thing that Saturday morning. We will have traffic control equipment and staff in place to safely manage the closure while allowing controlled access to the HP Garage, the Federal Building, and the Westin Gaslamp Quarter 1st Ave access points.

CHRISTMAS DAY 2022

As this year the Christmas holiday falls on the weekend, we will be giving our construction teams Monday, December 26th off, so they can enjoy the Holiday with their loved ones. Security and parking operations will continue as normal.

Our Community Commitment Program includes supporting educational programs and providing information presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

UPCOMING PRESENTATIONS

Dec. 8 — Good Earth Plant Company (To learn about our Unprecedented Green Initiatives)

Feb. 2023 — ULI San Diego-Tijuana

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved

MONTHLY PROJECT UPDATE

This November will see most of our work take place within the Campus and inside the buildings. Though not easily seen from outside of the project, we will be busy completing elevator cab installations and applying finishes to restrooms, lobbies, and stairways throughout the project site. You may still hear some light demolition as crews prepare for specialized concrete pours and steel work in several areas of the Campus.

CICLOSDIAS – DOWNTOWN

We are excited to share that CicloSDias will be coming to downtown San Diego on Sunday, November 6th from 10am to 3pm. For those unfamiliar with this earth-friendly event, CicloSDias is San Diego’s only free, open-street event for all non-motorized transportation types.

CicloSDias is inspired by open streets projects all over the world. This year’s event will involve opening up approximately three miles of city streets in downtown San Diego to families, pedestrians, cyclists, joggers, skateboarders and anyone else interested in using this public space in a new way.


We are pleased to partner with events like CicloSDias that align so closely with our values and our goal to revitalize San Diego’s city center through the creation of the Campus at Horton with unprecedented sustainability while providing unequaled public amenities.

For More Information – www.sdbikecoalition.org/ciclosdias/

Scaffolding is coming down on the two north end buildings, exposing the clean and stunning lines of these updated facades. At the same time, scaffolding is going up in and around the Palazzo as we prepare to reinforce, reimagine, and restore this iconic design element of the original Jon Jerde Post-Modern design.

One big event everyone can enjoy will be the Saturday, November 19 arrival of the 550-ton crane we will be erecting on 1st Avenue to install the remaining rooftop equipment at Building 100 through the Holiday Season. This will involve a one- day closure of 1st Avenue, starting first thing Saturday morning from G Street to E Street. We will have traffic control equipment and staff in place to safely manage the closure while allowing controlled access to the HP Garage, the Federal Building, and the Westin Gaslamp Quarter 1st Ave access points.

VETERANS DAY AND THANKSGIVING 2022

In appreciation of the service of all the veterans of our armed services, which includes many working on the Campus at Horton, we will be suspending construction activities here at Horton on Friday, November 11th in the observance of Veterans Day. We will also be giving our construction teams the days of Thursday, November 24th and Friday, November 25th off from work so they can enjoy the Thanksgiving holiday with their loved ones. Security and parking operations will continue as normal.

PROJECT PRESENTATIONS

Our Community Commitment Program includes supporting educational programs and providing information presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com.

UPCOMING PRESENTATIONS

(Subject to Change Without Notice)

Nov.1 — San Diego Theatres, Inc

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

MONTHLY PROJECT UPDATE

It was a long, hot, and productive Summer here at the Campus at Horton. Even in the face of continued supply-chain challenges, we continue to achieve important milestones throughout the project. Whether it is completing the installation of major HVAC elements in Building 100 or elevator systems in the upper retail plaza, our building trades, designers, subcontractors, and management have maintained a steady pace of success.

Though not immediately visible from the streets surrounding the property, the rehabilitation and creative adaptation of the original “aqueduct” is progressing at a splendid pace. This essential element of the original Jon Jerde design travels almost the entire spine of project. Whether towering 4 stories over the upper retail plaza or gracefully accentuating the delicate curve of Building 200, this structure is a major priority for our team.

NEW LEADERSHIP,
SAME “CLASS A” COMMITMENT

We are pleased to introduce you to our new General Manager, Christie Kong. She brings more than 20 years of operations, asset management, leasing, and project management to the role, as the 1-million-square-foot Campus at Horton moves towards its 2023 completion.

“We are excited to add Christie Kong to our Campus at Horton team as its General Manager,” said Leo Divinsky, Stockdale Capital Partners’ Managing Director of asset management. “Christie’s experience and well-rounded skill set across a variety of asset classes including life sciences, tech, retail and mixed-use will be instrumental to the successful launch and lease-up of our 10-acre innovation campus in the heart of San Diego’s urban core.”

A long-time San Diegan and East Village resident, Christie will lead all operational and managerial aspects of the Campus at Horton. Most recently with Cushman & Wakefield, Christie’s well- rounded skillset in Class A office, retail, industrial, medical office, and life science management is an obvious advantage in her role here at the Campus at Horton.

Prior to her time at Cushman & Wakefield, Christie managed leasing at Meissner Jacquet, and oversaw the third-party leasing teams as asset manager with Gemini Rosemont. She was also responsible for running multiple capital and repositioning projects, including lobby and corridor remodels, mechanical upgrades, and tenant improvements.

Continuing with Building 200, we are moving forward with what is probably the building’s most stunning feature, “The Clearing”. Originally conceived to help bring more natural light into the cavernous floors of the former Mervyn’s Department Store location, The Clearing has evolved into an inspired architectural wonder. Now ringed with spacious creative space on each level, this towering cathedral of San Diego sunshine is punctuated with a massive 15,000 square foot patio that envelops the entire 5th floor to include stunning views of San Diego Bay and Point Loma. At its base, The Clearing is a celebratory pocket park and outdoor building lobby featuring green walls, full-size trees, creative seating areas and healthy offerings that feed your soul as well as your belly.

HORTON WELCOMES THE ARTISTS

After months of research and creative inspiration, we welcomed several artists to the property in September to advance their process in creating original works of art for the Campus and the Park at Horton. Stockdale Capital leadership has committed since the very beginning to build a public arts program that features original works to complement our existing pieces that populate the entire 10 acres of the Horton property. This is still an ongoing process, but with our wonderful partners at Isenberg & Associates, Inc., who are helping us attract and acquire some of the finest talent available anywhere, we are confident that the Horton Arts Collection will exceed everyone’s expectations.

LEASING UPDATE

Though it is still too soon to announce any finalized leases, we are excited to announce that we passed a major milestone in our leasing efforts here at Horton. In September 2022, we hosted our 175th leasing visit to the property since January 2021. We are excited to share that we are actively negotiating a large percentage of our available spaces, with the goal to curate the finest collection of restaurant, shopping, and service offerings to compliment our office tenant makeup, while re-establishing Horton as an essential resource for our neighbors, friends, and visitors

PROJECT PRESENTATIONS:

Another facet of our Community Commitment Program is our public outreach presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at: jparker@stockdalecapital.com

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

Oct. 13 — Connect SD XEO

Oct. 14 —SAN DIEGO STATE UNIVERSITY REAL ESTATE SOCIETY

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE:

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

As summer starts its slow goodbye and the kids return to school, Horton will see lots of activity from the rooftops to street level this September. With various crane and material mobilizations, we will be advancing the project in large strides from 1st & G Street to Broadway Circle.

In Building 100, a major area of focus this month is the completion of the Truck Tunnel exit to G Street. When finished, this essential property amenity will effectively seal Horton’s internal workings from the public space effectively minimizing noise and other disturbances for the neighborhood. At the same time, it creates an efficient and secure work environment to support the restaurants, retailer, and office tenants up above. Meanwhile, Building 200 will see its final roofing installations, buttoning up the utility systems in preparation for the connection to the power work commencing on 1st Avenue. The lower retail plaza grading has been completed, allowing the utility and landscaping system work to commence.

Even if we didn’t have evidence of the benefits of outside air provided by the pandemic, we can all understand that San Diego’s weather and unparalleled beauty more than justifies adding open spaces to the Campus at Horton. The creation of pocket parks, outdoor conference rooms, patios and extended balconies have become essential amenities for a successful and healthy office plan.

Here at Horton, we’re taking this to another level by using outside air in our building environmental management and conditioning systems in several of our buildings. Our relatively moderate temperatures aid in the cooling and heating of our buildings. You see, we cool our buildings with chilled water, and the plant (powered by our rooftop solar array) that chills the water also creates heat and steam, which we use to warm the buildings on those rare days in San Diego where we must wear a sweater. Simply put, because we are not Boston or San Francisco, we can efficiently create a comfortable and healthy environment for our employees, customers, and visitors without reliance on fossil fuels.

LABOR DAY 2022

In observance of Labor Day, the Horton Development Site will be closed to construction activities. The Horton Parking structure will remain open to support those wishing to enjoy the Gaslamp and other parts of Downtown San Diego. BE SAFE, HEALTHY & HAPPY!

In the North end, Building 500 is rapidly moving towards the completion of its outer envelope. Soon the scaffolding and its protective screening will be coming down to reveal its arched windows and enhanced openings reflective of its neighbor, Building 600. Building 600 is the artistic recreation of the Knights of Pythias building, whose original structure was torn down to make way for Horton Plaza back in the early 1980’s. We are carefully enhancing the arched window openings and ornate cornices that were key design elements of the original building while upgrading the interiors to welcome a flagship retail tenant in the bottom two stories of this unique and dramatic technology office space overlooking the park and the Lyceum Theatre.

September will also see the wrapping up of the utility work currently occurring on Broadway Circle, giving way to the planned resurfacing and paver replacement.

ACE MENTOR PROGRAM VISITS HORTON

Founded in 1994, the ACE Mentor Program is a free award- winning afterschool program designed to attract high school students into pursuing careers in Architecture, Construction and Engineering, including skilled trades. Aligning perfectly with our stated commitment to STEAM education, we were proud to be selected to host a group of students from the ACE San Diego Chapter last month.

PROJECT PRESENTATIONS:

Another facet of our Community Commitment Program is our public outreach presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at: jparker@stockdalecapital.com

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

Sept. 14 — Urban Land Institute – Young Leaders Group Sept. 28 — San Diego Downtown Rotary
Sept. 26 — US Grant Hotel – Leadership Team
Sept. 28 — ICSC Western Convention

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE:

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

MONTHLY PROJECT UPDATE

If you haven’t seen it, a major milestone occurred in July when the temporary personnel hoist was removed from the outside of Building 100. The new elevators inside the building are officially operational and because of this, we can completely button up the building. To do this, we will have a series of temporary cranes working on G Street to put those remaining panels into place. At the same time, our crews will continue adding the corner blocks and window caulking from the “swing stages.”

The Building 100 interior work is progressing nicely, with the extensive ventilation systems to support our future Life Sciences tenants moving closer to completion, as are the restrooms, electrical and telecom rooms throughout the building.

On 1st Avenue, the massive crawler crane has departed and given way to our demolition teams working to strip and regrade the space in preparation of the creation of an activated pocket park/Campus entrance. Strategically situated between Building 100 and 200, this completely new urban oasis, with its full-sized trees, exquisitely detailed planters, seating, lively sidewalk cafes and retail kiosks, The Passage will be Horton’s inspired new Marina District front door.

On the north end of the property there is real excitement going on, as the storefront treatments are advancing rapidly towards completion throughout that side of the Campus. This aligns with the access hallways, restrooms and parking linkages that are starting to take shape on multiple levels of the Upper and Lower Retail Plazas. The extensive flashing and waterproofing work on the walkways and planters continues this as we get closer to the installation of planters and the decorative glass handrails.

GRAFFITI

The Clean & Safe program has reported that there has been a significant increase in graffiti “tags” over the last couple of months. They removed 1,077 tags in June alone. As one of the largest properties in downtown, we have seen the same level of increase since May. Whether spray paint, marking pen, or other method, any surface, wall, sidewalk, and/or fence line is a target.

Stockdale Capital Partners and our partners Turner Construction and ABM Parking do our best to address every instance on our property within 72 hours, and many times we have removed the tag within 24 hours. We take this responsibility seriously and if you witness a tag or other type of vandalism on or around the Campus at Horton, please let us know.

PROJECT PRESENTATIONS:

Another facet of our Community Commitment Program is our public outreach presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at: jparker@stockdalecapital.com

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

Aug. 4 — Association of California School Administrators, Retired

Sept. 28 — ICSC Western Convention

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE:

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

MONTHLY PROJECT UPDATE

Welcome to Summer! Though we appreciate that the pandemic is still not completely behind us, we are hopeful that this summer you’ll be able to enjoy spending time with family and friends, visiting those special locations, and once again living life to your fullest. We, of course, have a project to finish. To that end, a couple weeks ago we hit an important milestone in bidding a fond farewell to our crawler crane that has lived on 1st Avenue since January 2021. It has been essential in the successful construction of Building 100, (the former Nordstrom Building), but it’s now time to shift our primary focus to the interiors of the project.

Elsewhere in the project, finished storefronts are starting to emerge from behind the scaffolding shroud that has covered them since winter. As the scaffold comes down, we’ll be starting the terrace and walkway finishes throughout the spine. At the same time, the flashing and waterproofing program has commenced to set the stage for the building of the terrace planters and decorative glass handrails throughout the public areas of the Campus. This month will also see the commencement of the installation of two more new elevator systems on the project, further increasing the project’s interconnectivity; thus continuing the fulfillment of our goal to accentuate the ease of movement throughout the Campus at Horton.

Another big milestone will happen in July (the week of the 11th) as we’ll be removing the construction hoist from the south side of Building 100 to coincide with all the internal lift systems being certified and put into active service. We continue to complete the extensive ventilation, mechanical, telecom, electrical, and plumbing systems throughout the building. With the hoist removed, we’ll be mobilizing to install the missing panels on the south façade, as well as initiating the creation and installation of the corner panels.

FOURTH OF JULY AT HORTON

This Fourth of July we celebrate those who took/take the courageous path to make us better, more just and truly one nation for all.

As this important piece of history illustrates, Horton Plaza Park is much more than a place. It has always been and remains the center of our community. This importance drives us to partner with the City of San Diego and the entire San Diego region to create and sustain an active, essential, and inclusive park for all the residents, workers, and visitors of and to San Diego

PROJECT PRESENTATIONS:

Another facet of our Community Commitment Program is our public outreach presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at:

jparker@stockdalecapital.com

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

Jul. 19 — yGEN

Aug. 4 — Association of California School Administrators,Retired

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE:

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

MONTHLY PROJECT UPDATE

So many achievements, in so little time, but so much still to do. We are excited to build on the impressive list of accomplishments we achieved in May. For us, June represents the critical time where we are transitioning from the frame and structure of the buildings to the systems and treatments that make a structure a home.

In Building 100, (the former Nordstrom Building), we continue the big push to get all of the essential duct work systems installed throughout the building. This includes installing an impressive 176” x 72” duct that will extend the length of the building. This will require using our Crawler Crane to lower massive sections from the top on the building, piece-by-piece. Once in place, this ventilation shaft will connect to the extensive ducting systems of each floor level, supplying state-of-the-art ventilation for our tech and life science tenants. At the same time, we are in process of finishing the many utility rooms in the building, so we will soon be ready to

receive the enterprise grade, power and control systems that will make up the “neural-network” of our ultra-modern office spaces

THE 24TH EDITION OF THE HORTON COMMUNITY NEWSLETTER

Stockdale Capital Partners, from the very first day we took over the ownership and operation of the Horton property, has been committed to the San Diego Community and our downtown neighbors. From our investment in bringing well-paying career positions into downtown and the commitment to build that vision with well-paid, union professionals, we keep our focus on being the best partner, neighbor and friend we can be in every decision we make in bringing new life to the former Horton Plaza Mall property. We know that sometimes it is difficult to always be perfect and there are times, like the current underground utility work on G Street, that we have been required by current City policies to perform certain elements of the project during overnight shifts. This is not our choice, but we will do everything we can to minimize the impacts by completing the work in the most efficient manner possible.

We also remain committed to communicate proactively and consistently with our neighbors and as we reach the two-year anniversary of our community newsletter, we thought we would share a few numbers:

• First published in July 2020, this edition of the Community Newsletter is our 24th.

• We gave 24 Community “ZOOM” presentations during the

COVID lockdown period,

• We have given 13 Community Presentations (Remote and In- Person) since the restrictions were lifted,

• We shared the projects unprecedented Sustainability Goals with 2 Major Conferences:

• Greenbuild 2021 (September) – Presentation & Tour (55+ Attendees)

• Urban Land Institute 2022 (April) – Presentations, Tours & Panels (400+ attendees over 3 Days)

The reach of our community outreach program has benefited greatly from many different friends we have made over the past few years, in particular Julie and Greg Burnham. Julie and Greg are project neighbors, downtown real estate experts and absolutely terrific people, that have consistently shared our newsletter to their extensive residential and professional networks. Their efforts and the efforts of other neighbors have helped us vastly over-achieve in our project outreach goals, and for that we are truly thankful.

PROJECT PRESENTATIONS:

Another facet of our Community Commitment Program is our public outreach presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at: jparker@stockdalecapital.com

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

Jun. 7 — Renaissance Owners Association

Jun. 14 — NAWIC The National Association

of Women in Construction

Jun. 16 — Downtown SD Realtor Caravan

Jun. 19 — yGEN

Aug. 4 — Association of California School Administrators,

Retired

Follow us for project updates and news on Twitter, Facebook and

Instagram at @hortonsandiego

EDITOR’S NOTE:

This community update’s purpose is to try and give you a

snapshot of what is coming up in the next 3-4 weeks. We do this

to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project.

MONTHLY PROJECT UPDATE

MAY 2022

Even the casual visitor to the neighborhood can notice the near finished facades on Building 100 (former Nordstrom) and Building 200 (former Mervyns). Many of the rooftop mechanical systems have arrived and are in the process of being installed throughout the project site.

In Building 100, the major Life Sciences Building, we are making a big push to get all of the essential duct work systems installed throughout the building. Once these systems are in place, we can begin the extensive process of testing and activation. Of course, this not the only thing going on in the building in May. We continue to move forward on the important restroom mock-up on level 3 in order to complete the architectural review and confirm the all important finishes that will be the model for the entire building.

As we shared last month, the City of San Diego has required us to perform our underground utilities work on G Street during the evening hours as not to interrupt the fl ow of traffic on G Street

during the day, so we are trying to complete this work efficiently and safely to avoid any potential delays that could extend the work into additional evenings. The rest of the Horton project is moving at an accelerated pace. On the North end of the project, we have completed the installation of the new exterior framing and the month of May will see us start the application of the new stucco finishes. This

process will take a few months to complete, but by mid-Summer you will be able to see the scaffold coming down to share the new finishes to the neighborhood.

Another milestone will be achieved in May, as we welcome and install the new back-up generators. Now I am sure you are familiar with our sustainability goals, and that we will be generating most, if not all, of our electricity through our state-of-the-art photovoltaic system. These generators are required as back-up to power essential safety and transportation systems, like elevators, in the event of a rare system interruption.

We will be joining scores of businesses, cycling groups and volunteers hosting the thousands of San Diego Commuters that ride smart and go by bike in the San Diego Region. When you register to participate in Bike to Work Day 2022, you can pedal over to one of the many pit stop locations throughout San Diego (9 in downtown San Diego and the surrounding area) from 6am to 9am to pick up a free t-shirt, snacks, and even enter for chance to take a guided tour of the Campus at Horton Project. For those of you still working remotely, you can participate as well, by starting your day with a little exercise and socially distanced interaction with your fellow downtown workers.

All riders are required to register to be eligible for the Free T-Shirt and other giveaways at www.SANDAG.org/BikeMonth on or before May 19th, 2022.

PROJECT PRESENTATIONS:

Another facet of our Community Commitment Program is our public outreach presentations. If you would like to have us provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at jparker@stockdalecapital.com

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

May 12 — NAIOP Developing Leaders Program

May 12 — San Diego Architectural Foundation

Jun. 7 — Renaissance Owners Association

Jun. 14 — NAWIC The National Association

of Women in Construction

Jun. 16 — Downtown SD Realtor Caravan

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE:

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks/areas involved with the project

MONTHLY PROJECT UPDATE

The trades in Building 100 (the former Nordstrom) are continuing the process of sealing the exterior envelope of the building while MEP (Mechanical, Electrical & Plumbing) activities on the roof move us ever closer to bringing these systems online throughout the building. The “model” core restrooms will soon be completed, allowing the essential design approvals to occur, thus initiating the duplication of these facilities on every floor.

The application of the exterior panels on Building 200 (the former Mervyns) will continue through April, and the glazing installations will follow right behind. As they did on Building 100, this will bring the building even closer to a dry environment so the interior finishes, MEP, and elevator work can commence.

Not to be left behind, the rest of the Campus is seeing the rapid application of exterior treatments to move these areas closer to the same dry envelope we are achieving in Building 100. We are also constructing the high priority infrastructure spaces in these areas, in anticipation of installation of critical environmental and mechanical systems. One important milestone will occur this month, we will be setting the elevator machines and cars in the Building 500 (Former CVS) three-cab elevator shafts.

HORTON UNDERGROUND

As the largest adaptive reuse project in the United States, we have given great consideration and energy into the evaluation of every structure here on our 10 Acre property. Besides the obvious structural and environmental reviews, we “dig” deeper to discover the potential of each element to enhance and elevate the Campus at Horton above other projects.

One of these architectural gems, is the beautifully massive service tunnel that runs beneath the project. Originally built to support 600,000 square feet of traditional mall retail and hospitality, its eight loading docks fed a steady stream of product to the department stores and specialty outlets without disruption to the countless millions of shoppers above.

The cost and logistics of building such a purpose-built structure these days, makes it almost impossible for other projects to have such an amenity, but we have one and we have made plans to take full advantage for the benefit of our tenants, guests, and neighbors. Some of the things we are doing:

• Housing the largest privately-owned Blackwater Treatment plant to allow us to reuse our water to save 7.5 million gallons of water annually while supporting our commitment to enhanced biophilia.

• Housing a custom-built electrical storage system to address nighttime power demands of our tenants at peak hours, significantly reducing costs for our tenants.

• Enclosing all of our delivery, storage, and maintenance operations to create greater efficiency and security while eliminating impacts to our neighbors

PROJECT PRESENTATIONS

Another facet of our Community Commitment Program is

our public outreach presentations. If you would like to have us

provide a Campus at Horton project presentation to your group, please reach out to Jimmy Parker at: jparker@stockdalecapital.com

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

Mar. 28 — Jones Lang LaSalle (JLL)

Apr. 7 — Women’s Construction Coalition

Apr. 14 — NAIOP Developing Leaders

Apr. 19-21 — ULI Urban Land Institute (7 Product Council and Student Programs)

May 12 — San Diego Architectural Foundation

Jun. 14 — NAWIC The National Association of Women in Construction Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE:

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this in an attempt to give you time to understand what impacts may affect your plans to access and enjoy

MONTHLY PROJECT UPDATE

Though it is looking more and more like a finished building from the outside, the inside of Building 100 (the former Nordstrom) is keeping our working trades very busy these days. With all of the new roof equipment now in place, we have begun the process of tying in all of the utilities to bring these environmental systems to life. At the same time, we are making great progress on the caulking of the exterior panels and the sealing of the window

systems. We have also begun the installation of the new core restrooms, which will soon be on each and every floor of the building.

With the Building 100 exterior panels nearly 100% complete, the crawler crane has begun hoisting the panels onto its neighbor,

Building 200 (the former Mervyns). Expecting to take less than a month, the installation of the panels on Building 200 is a major milestone for the project and an important step in our goal to bring new energy and excitement to 1st Avenue. From the very beginning of the design process, Campus at Horton has had a clear goal to engage with the Marina district. Windows, outward facing retail and a park-like entrance are essential elements of the new 1st Avenue Horton experience.

As for the rest of Campus, mostly hidden from the public eye is the important detail work involved in the creation of the high priority infrastructure rooms and structures. The ability to expedite the construction of the electrical and telecommunications rooms early in the build process allowed us the time to carefully install the state-of-the art technical systems while not sacrificing the critical time needed to test and troubleshoot these systems well before our tenants move in. At the same time, we are advancing rapidly on the creation of the multiple storefront treatments that will make up the look and feel of the “throat” of Campus.

A NET ZERO CARBON FOOTPRINT

Though it’s unprecedented for a property the size of Horton, it is our size that gives us the ability to pursue some lofty sustainability goals. By starting with a commitment to adaptive reuse and reusing much of the very things that are wasted on projects of this size, we are easily well ahead of other development projects of any size.

Plainly put, we are reusing as much of the existing structure and materials as possible. Our goal is to reuse enough of the former mall’s materials to create a 60% reduction in the embodied carbon footprint. But adaptive re-use alone won’t reach the goals we have set for Horton. Therefore, we are pursuing the application of solar panels to cover most of the sprawling roof surfaces across the 10-acre campus. Coupled with our own massive electrical storage facility here on-property, we are well on our way to achieve green goals while drastically reducing the energy costs to our tenants.

UPCOMING PRESENTATIONS:

(Subject to Change Without Notice)

Mar. 01 — E3 Civic High School – ACE Program

Mar. 03 — Horizons Marina District HOA

Mar. 24 — Marina Park Condo Association

Apr. 19-21 — ULI Urban Land Institute

(7 Product Council and Student Programs)

Apr. 19-21 — ULI Urban Land Institute

(7 Product Council and Student Programs)

May 12 —San Diego Architectural Foundation

Jun. 14 —NAWIC (The National Association of Women in Construction)

Follow us for project updates and news on Twitter, Facebook and Instagram at @hortonsandiego

EDITOR’S NOTE:

This community update’s purpose is to try and give you a snapshot of what is coming up in the next 3-4 weeks. We do this in an attempt to give you time to understand what impacts may affect your plans to access and enjoy the streets/sidewalks areas involved with the project.

MONTHLY PROJECT UPDATE

We were not wrong in our anticipation that the new year would bring even greater energy to the project. The month flew by aswe have almost completely encased Building 100 (the Former

Nordstrom Building), poured new floors, roof tops, footings, installed storefronts and the lists goes on and on as there is no slowing in February.

Even though we have left a few panel openings so the trades can bring in essential materials, Building 100 will soon have 98% of its glazing installed, virtually encapsulating the structure. This milestone allows us the environment to fully ramp up the installation of the state-of-the-art mechanical and vertical transportation systems. You will see some exterior work as we focus our attention to the balconies, rooftop and sealing systems. I am sure that many of you have seen the aerial ballet being performed by the crawler crane over the past year, but one of the essential and often over-looked transportation specialists are our elevator operators. They move everything from personnel to port-a-potties, tools to technicians, all day, safely, with great skill.

As we shared last month, Building 200 (Former Mervyns) is taking shape and we are still on schedule to start adding the exterior panels in the latter half of the month. As a reminder, these panels will have a similar look as the ones on Building 100, but the building design, with its unique roof line and top floor patio space will convey its own aesthetic and 1st Avenue presence.

We are so excited, after a Covid related absence, to welcome back to our Lyceum Theatre the 30th Annual KUUMBA FEST 2022!

KUUMBA FEST is San Diego’s longest running unique celebration of black art, culture, and heritage west of the Mississippi. It is San Diego’s signature event of the black legacy in art, culture, business, and entertainment, featuring Black History and Harlem of the West.

KUUMBA FEST is produced by San Diego Urban Warriors Inc. in conjunction with the African American Advisory Council of the San Diego Repertory Theater. Through an inspired utilization

of the arts, they have created a superior community cultural edu-tainment program that is grounded in behavior guidance, health education, and cultural enrichment incorporating themes of prevention, intervention, and ongoing creative support.

KUUMBA FEST 2022 – BLACK 2 “IF” will be held at the Lyceum Theatre February 24th through the 27th. For more information and tickets, please visit www.sduw.org/kuumba-fest

MONTHLY PROJECT UPDATE

Happy New Year to all our friends, neighbors, and partners in Downtown and beyond! We are excited to announce that at the end of December we had installed over 80% of the exterior panels on Building

100. With only a final couple of floors and the custom pieces remaining to be installed, and our teams following right behind installing windows and sealing the panels, we are tracking to have the entire building enclosed by early February.

Our High-Rise neighbors will be able to see all the rooftop action as we focus on waterproofing and installing the new mechanical gear on the freshly poured concrete pads. The interior work in Building 100 continues as well with elevator fittings, office walls and restrooms all beginning to take shape.

January will also see the other 1st Avenue structure, Building 200, take shape. Besides the ongoing roof and structural work, the exterior panels will start to be added to the exterior in the latter half of the month. These panels will have a similar look as the ones on Building 100, but with its distinctive roofline,

Building 200 will have its own personality and presence.

CLEARING UP SOME MISINFORMATION

Recently at one of our many community presentations about the Horton Project, we were asked if we were saving the “Banksy” mural. Though it would be a great honor to have a piece from the reclusive, England-based artist here at our property, but we do not. The mural that seems to be often misidentified is a piece from OSGEMEOS (also Os Gemeos) that was commissioned by the previous owner over a decade ago. OSCEMEOS is a Brazilian graffiti-artist duo notable for their large-format paintings of yellow figures, blending influences of Brazilian folklore, hip-hop culture, political commentary, and personal history. Born Otavio and Gustavo Pandolfo in 1974 in San Paulo, Brazil, OSGEMEOS is their professional moniker (translated in Portuguese as “The Twins”).

A couple of things we learned in our research is that the brothers started their artistic career as break-dancers, and their work uses a mostly yellow palette, because they feel the color is easily seen from a distance on the street. Besides the Don’t Believe the Hype! mural on the G Street side of our parking structure, they have completed several public commissions including:

Efemero, HangarBicocca, Milan (2016)

https://pirellihangarbicocca.org/en/exhibition/efemero/

Parallel Connections, Times Square Arts: Midnight Moment, NYC

(2015)

https://hypebest.com/2015/8/os-gemeos-parallel-connectionin-

times-square

Wynwood Walls, Miami (2009)

https://thewynwoodwalls.com/wals/os-gemeos

LEASING UPDATE

Easily one of the most asked questions about the Project is about the new tenants. We cannot share any names at this time, but that may soon change in early 2022. We would be less than honest if we didn’t admit that the pandemic has made us change the way we “show” the property to prospective tenants, but that hasn’t dampened the interest we have seen in both of our essential segments.

RETAIL: After the vaccine was in wide distribution, we have seen a steady flow of local, regional, and nationally established chefs/restaurateurs, retailers, and service providers come to visit Horton. Many of these are actively working with us to iron out the crucial details in their bringing their unique concepts and established brands to the Project.

OFFICE: As Downtown San Diego continues to be transformed into the latest regional cluster for research and innovation, a substantial number of growing and established tech and life sciences firms have been touring the campus with a focus on establishing a presence within our urban campus. Horton’s centralized location, unique project infrastructure, abundant parking and well-rounded amenity base coupled with significant emphasis on wellness and sustainability will enable these firms to scale-in-place and compete for some of San Diego’s top engineering talent underscoring an ultimate work-live-play environment in the heart of America’s finest city.


Page 1 of 2

Page 2 of 2

Page 1 of 2
Page 2 of 2

Page 1 of 2
Page 2 of 2

Page 1 of 2
Page 2 of 2

Page 1 of 2
Page 1 of 2

Page 1 of 2
Page 2 of 2
Page 1 of 2
Page 2 of 2
Campus at Horton April Newsletter
April Page 1 of 2
Campus at Horton April Newsletter
April Page 2 of 2
Campus at Horton March Newsletter Page1
March Page 1 of 2.
Campus at Horton March Newsletter
March Page 2 of 2

Campus at Horton
February 2021 Page 1 of 2


Campus at Horton pg.2
February 2021 Page 2 of 2

January 2021 Page 1 of 2
January 2021 Page 2 of 2

December Page 1 of 2
December Page 2 of 2
November Page 1 of 2
November Page 2 of 2
October Page 1 of 2
October Page 2 of 2
September Page 1 of 2
September Page 2 of 2
August Page 1 of 2
August Page 2 of 2
July Page 1 of 2
Page 2 of 2