The Green Building industry increased by 20% in 2005 and by 30% in 2006, and by 2010 the industry should grow to 38 billion dollars. Our company is poised to become a market leader in this field in Connecticut by producing the most stable investment of all time… basic housing. The company’s assets will grow dramatically via various means. We will retain a number of rental units in our housing developments and thereby increase the value of the company. We will sell a good many of these units, thereby increasing capital in the company. And we will utilize our experience and expertise in developing land to maximize land values for our developments, again adding value to the holdings of the company.

The development process is difficult and time consuming. Often one must contend with local planning and zoning boards extraordinarily resistant to any form of change. We are prepared to face this. First, we have on our staff as lead development consultant, William Schappert. Bill sat on the Brookfield Planning and Zoning Commission in various positions for 40 years. He also was responsible for Taunton Press’s building of new facilities, thus he dealt with all the local planning and zoning boards in the greater Danbury area and manage to get zoning variances many times from many different municipalities. His familiarity with the ins and outs of these commissions and his personal relationships with those that remain on various boards will provide Connecticut Real Estate and Construction with a tactical advantage other developers simply do not have.

We also plan to develop affordable/work-force housing. The state of Connecticut has mandated all 151 municipalities in the state should have 10% of its housing stock as affordable. Five municipalities have that 10%: New London, New Haven, Waterbury, Danbury, and Danbury. The other 146 have, on average, 2% affordable housing stock. Thus, should we propose to a local planning and zoning commission a development with affordable housing, they must not reject the plan unless the project will compromise public health and/or safety. Should we be rejected, we simply fill out an 8W3 form with the state, and the state will overrule the local municipality if they find no health or safety issues.

However, the local municipalities have much to lose should they deny our proposal. We represent the hottest of “hot buttons” in the public’s consciousness today, environmental welfare. As we are the “GREEN affordable” builders in Connecticut, the political fallout from denying one of our projects could be detrimental to the board members’ political futures. Those on the boards are not unaware of this. In fact, when we went to the Newtown Planning and Zoning commission, we explained how it would only be feasible for us to build units stack four high. Local regulations stipulate multi-family dwellings can only be stacked two high. The board looked at our preliminary designs and then asked us to re-write the regulations to fit our plans, and then they would look to amend them. Towns know they need affordable housing stock. They know they must make it financially feasible for someone to build these units. They are simultaneously aware of the good will they can garner by putting those projects in the hands of builders who will emphasize “environmentally friendly” building. Needless to add, we are re-writing many of the Newtown zoning regulations as you read this document.

We also plan to develop commercial real estate in the hospitality and health care areas. Of course, we will require assistance from those in that sector, but already we have garnered financial commitment from Alex Patel, an hotelier with over thirty-years in the industry who already owns over three hundred rooms up and down the East Coast. He has committed to construct another 80-100 at the mouth of our development. Visiting Angels, a nursing aid company, has already committed to furthering the development of fifty elderly and infirm nursing units in Brookfield on Federal Road. (See our project at 533 Federal Rd. for further details.) Indeed, the future of Connecticut Real Estate and Construction looks very bright!

Venture capital is being sought to make sure we capture the market quickly before larger competition enters the market. Our company will be self-funded as stabilized sales, building profits, rental income and development profits to the tune of hundreds of millions come to fruition.

Profits to investors can be various forms-- stock, equity, or simple interest. The legal ramifications of this choice shall determine the form of compensation we choose to offer our investors. Let it be clear, however, that regardless of whatever form we choose, our investors will enjoy both short and long-term windfalls exceeding virtually all other types of investment available without the risk other investments require.

While we are excited about the direction in which much of our business is heading, we require an infusion of funds to expand our base of operation. These funds should be easily returned given the present state of where our commercial and residential deals rest. Presently we have $1,100,000,000.00 worth of deals in place. Commissions alone on these deals and others will allow the company to cash out investors quickly and with interest, thereby reducing investor risk.