Apex Presentation to the James Madison Park Neighborhood September 21, 2009 This is very early into the development process. Apex would like to work with James Madison Park Neighborhood Association to create a lasting icon for the City. We want to introduce ourselves to the Neighborhood. We would like to attain the necessary input to achieve consensus in coming meetings. And we would like the architects to share with you where we’re at in the very fluid design phase.  Bill White, Process Consultant  Bruce Bosben, Chairman of Apex Enterprises, Inc.  Bert Stitt, Neighborhood Consultant/ Facilitator  Bob Feller, Architect with Iconica  Paul Soglin, Consultant  Matt Tills, Architect with Iconica  Steve Yoder, President of Apex Enterprises, Inc.  Apex currently owns or controls eight lots on Mifflin, Webster and Butler  The Frank Lloyd Wright’s Lamp house sits in the middle of the block  The McCormick Ramp, known as the Capitol Square North Ramp, was designed for four more floors and is under utilized  The City would like to sell those air rights above the ramp  Apex would like to create 140 owner occupied units  Founded 23 years ago by Bruce and Brian Bosben with two of their College friends  Start up capital generated by paper routes and pizza delivery  Bosben family has been in Madison for 150 years  Passion for the City and for historic preservation  Policy is long term hold on all properties  Portfolio includes downtown mansions: Ford, Bowen, Kubly, Hurfurth, Timothy Brown, Frederick Brown, Lougee, Fauerbach and the Robert Lamp House  In the past 23 years, Apex has:  Rehabilitated 120 units to restore historic elegance while adding modern amenities at an unsubsidized cost of $6,000,000.  Replaced outdated steam boiler heat in 121 units with modern high efficiency furnaces at a cost of $1,200,000  Four properties on the National Historic Registry  Headquartered in the Chicago Northwestern round house built in 1912  With a caboose in the lobby