A s c e n t i a D e v e l o p m e n t G r o u p

Of all the characteristics that one might attribute to success, none is so central as the

unwavering passion for perfection. Quite simply, passion matters. Everything flows from

this essential trait – integrity, commitment, responsibility, quality, success – it is the

passion to flawlessly achieve our vision that is the steady compass that guides Ascentia.

F o r P e r F e c t i o n

A Q u i e t & r e s o l u t e { }

Ascentia Development Group has been developing

great living environments for more than 30 years.

A diverse portfolio and tenure in the industry is a

direct result of core values – the most central and

ever-present being integrity. Integrity is the Asentia

mantra and it is at the heart of every relationship –

with our partners in development, the communities

where we live and work and the owners we serve.

Passiono u r M A n t r A i s o u r P r A c t i c e

i n t e g r i t y

“

Informed An Informed Perspective

A P r A c t i c e d & d e l i b e r A t e V i s i o n{ }

Approach

While firms both larger and smaller than Ascentia

aspire to the notion of turnkey development services

in an atmosphere of partnership, Ascentia’s ability to

satisfy, indeed to delight, the most demanding clients

stems from the entire Group’s relentless pursuit of

exceeding expectations. From feasibility analysis and

land acquisition to master planning, zoning, permit-

ting, construction and residential brokerage services,

Ascentia’s focus is on bringing a thoughtful and com-

prehensively integrated program to both residential

and resort endeavors.

“We do our homework. We prepare. To identify the most current wants, needs and tastes of the consumer we conduct

focus groups with top Realtors. We study national trends and local tastes. We consult with peers, we engage architects,

manufacturers and the trades – we are always watching and listening. It’s a global perspective informed by a local mar-

ket-centric sensibility. Through this lens we then focus our own understanding of the nuances of our local market to

tailor our unique vision for each new offering.

VISIONING… OUR ASCENTIA TEAM, ALONG WITH TOP DESIGN CONSULTANTS AND CONSTRUCTION

PROFESSIONALS, COMPLETE A UNIQUE VISIONING PROCESS. WE TAKE ALL OF OUR MARKET RESEARCH

AND COMBINED KNOWLEDGE TO ARRIVE AT A COMMON VISION FOR THE PROJECT. THE CREATIVE PROCESS…

Our collaborative design process draws upon the diverse talents of our team members with a continual eye to innova-

tion, creativity and quality while remaining sensitive to the economics of our endeavor. We continually insure the cre-

ative process and the project vision are aligned.

Integration A Holistic Approach to Turnkey Delivery

The Ascentia Group has earned an enviable reputation

by virtue of its extensive and thoughtful development of

master planned communities, custom residential homes,

luxury condominium, resort and hotel properties.

PRE-CONSTRUCTION• Site analysis• Market studies• Preliminary cost analysis• Project pro formas• Appraisal

SITE UTILIZATION• Environmental, historical, geologicaland soil engineering surveys• Utility services availability• Zoning and planning assessment• Local political assessment

FINANCIAL FEASIBILITY SERVICES• Infrastructure cost analysis• Marketing plan• Preliminary project costs

ENTITLEMENT &GOVERNMENT APPROVAL• Environmental issue identification• Environmental issue mitigation• Environmental impact reports• PUD and Subdivision map approval• CPR approvals• Zoning approvals• Coordination of legal advisors• State & Local Land Use, PlanningCommission, County Council processing

ARCHITECTURE & DESIGN• Commercial• Residential• Interior design• Environmental sustainability assessments• LEED Certification management

INFRASTRUCTURE DEVELOPMENT• Design feasibility study• Cost analysis• Infrastructure construction• Construction management

CONSTRUCTION MANAGEMENT/OWNER REPRESENTATION• Design phase management• Construction phase management• Turnkey construction services• Analysis and presentation of owner decision options• Coordination of outside consultants• Schedule modeling and management• Project close-out

Ascentia takes a particularly holistic approach

that promises and delivers results that routinely

exceed the expectations of clients and owners.

Equally important, this integration, through ev-

ery step of design and construction, brings enor-

mous benefits in terms of economy, quality and

the long-term integrity of a property.

Ascentia is uniquely positioned to provide a full

range of development and construction services.

Our comprehensive scope of managed services are

thoughtfully and expertly integrated, from develop-

ment, architecture and planning, through to con-

struction and real estate sales – offering a unique

single source capability that enables comprehensive

concept, development, marketing and real estate

management.

The gating prerequisites for the owners, neighbors and community who are evaluating a development partner include the firm’s financial stability, experience, sensitivity to unique location environments, and ultimately, the quality and

success of the finished project.

On these fronts, Ascentia’s experience, resources and financial acumen make the firm a compelling business ally. The experience of the management team along with its design, development and construction partners has been earned

across three decades conceiving, entitling and bringing to market some of the coast’s most architecturally acclaimed and commercially successful residential and resort projects. Importantly, the group has a demonstrated acumen navigating both robust, and harsh economic climates, along the way earning the respect of regional and national financial institutions. The result is confidence in an ever more complex and sensitive

THE FUTURE IS BEST BUILT ON A SOLID FOUNDATIONValue engineering is an inherent part of Ascentia’s market-driven approach and the firm offers considered

responses to planning, usage and revenue models, from permitting to materials to construction. It’s all part of

a singular focus on satisfying every aspect of design, use and budget considerations.

Once development begins, value takes on a new dimension that is measured in countless ways. Value

translates into confidence – that projects will be completed with integrity, on time and on budget. Value is

having a partner who appreciates the real value of time, and looks to save it every way possible. And above all,

value is measured in a finished product that will itself grow in value. It is telling that resale values of Ascentia

properties consistently outperform the broad market.

A t W h A t P r i c e c o M e s V A l u e ?{ }

Value Engineered

Beyond bricks and mortar, beyond beautiful designs, a developer’s contribution to a project extends throughout marketplace –

to the real estate community, past prospects and buyers and the media. In the Sarasota and Longboat Key markets Ascentia has

developed a loyal following that is a not an intangible, but a priceless asset. News of an Ascentia project creates an immediate

buzz that is wide, deep and diverse – they are literally the talk of the town. And the conversation is universally positive. Thirty

years of praiseworthy projects and thousands of relationships have made Ascentia a vital and vibrant part of the community. Native and natural are intrinsic and longstanding principles of Ascentia design.

The Gulf coast is a temperate paradise and we continually strive to ensure that

our footprints on our beautiful coast is delicate and sensitive. To this end, from

site analysis through to completion, every aspect of environmental impact and

sustainability is rigorously examined. Not the least of this is the recycling of scrap

building materials – virtually 100% of our construction by-products are recycled.

M A k i n g l i g h t F o o r P r i n t s A l o n g o u r s h o r e{ }

Preservation

All the Right Connections

Connected

Of particular significance for anyone buying or building along the Gulf coast is its unique and sensitive land usage and

development process. Ascentia is a well-recognized and respected citizen, responsible to both the legacy and future of the

community. This is our home, and we are passionate about preserving the quality of life here. As such, Ascentia works diligently

throughout a project with local officials and neighboring owners to ensure that all voices are heard … and respected. It is this

collaborative approach that has yielded a portfolio of residential projects that each make a lasting contribution to the community.

Experience is a priceless asset. It is even more valuable when earned across different projects of different

character and size – diversity is a better teacher than repetition. In this regard, Ascentia has experience in

noteworthy single family residential and condominium programs, as well as virtually all of the landmark

hospitality projects in Sarasota. To each Ascentia brings the perspective, the collective experience and the

confidence of one of the coast’s largest and most respected development teams.

Ascentia offers the confidence that comes with a portfolio of prestigious projects that have made an en-

during contribution to the Sarasota and Longboat Key communities.

e x P e r i e n c e i s A P r i c e l e s s A s s e t{ }

PortfolioCitizenship Begins at Home

Council

Development:

• Ascentia was development partner and manager

• Beau Ciel was developed in conjunction with the owners of the Hyatt Hotel

• 44-residence bay front marina tower in the Arts District of Downtown

Sarasota

• Condominium residences range from 2,300 - 7,900 square feet

• Priced from $700,000 - $5,000,000

Project Highlights:

• $3 million renovation of exterior elements of the adjacent Hyatt Hotel

• Turnkey integration of integrated master plan integrating Hyatt with Beau

Ciel residences

• Master pool and landscape complexes completed in 120 days.

• $1.8 million free-form resort swimming pool with rockscape water features

• Marina boat slips

• 12,000 square-foot Plaza Club

• Spectacular “Bay to Marina” floor plans and views

• Total project sell-out of $64 million

Development:

• Ascentia was able to complete planning and permitting in 6 months

• $52 million sell-out achieved in three weeks.

• 5.8 acre beach front community

• 21 luxury condominium residences in three buildings

• Priced from $1.6 - $4.7 million.

Project Highlights:

• En Provence is among Longboat Key’s most exclusive condominium residences

• Four story building built over a parking structure

• Residences feature private courtyards and pools

Beau Ciel, Sarasota, Florida

En Provence, Longboat Key, Florida

Founders Club, Sarasota, Florida

Development:

• Ascentia was the development partner for Founders Club

• A gated, 700-acre golf club community with 262 homes

• Residences priced from $800,000 to over $4,000,000

• Partnered with Sarasota’s finest homebuilders

Project Highlights:

• 18-hole, Par 72 golf course designed by the acclaimed Robert Trent

Jones, Jr.

• The Founders Golf Club, limited to 275 equity memberships

• 24,000 square foot “low country” style clubhouse

• Sucessfully turned over to the membership in 2011.

Orchid Beach Club, Lido Key, Florida

Development:

• Ascentia was the sole developer for this project

• 54-residence luxury Gulf-front condominium community

on Lido Key

• Residences range in size from 2,900 to 6,200 square feet

• Priced from $900,000 to $4,600,000

Project Highlights:

• Two 11-story towers and an amenity level of 13,000 square

feet

• Views to both the Gulf of Mexico and the Sarasota Bay and

city skyline

• Two guest suites in every residence

• Total project sell-out of $110 million

Vizcaya, Longboat Key, Florida

Development:

• Jay Tallman managed the development of this project

• 32-residence luxury Gulf-front condominium community

• Residences range from 2,900 SF to over 5,000 SF

• Priced from $850,000 to $2,700,000

Project Highlights:

• Mediterranean architecture inspired by the famous architect of

Palm Beach, Addison Mizner.

• Three mid-rise condominium buildings plus a clubhouse featuring

social amenities as well as spa/fitness facilities.

• Residences feature summer kitchens on the Gulf terraces plus six

residences with private swimming pools on their Gulf terraces.

• Total Project Sell-out of $45,000,000

Hyatt Regency, Sarasota, Florida

• In conjunction with his adjacent residential condominium Beau Ciel, Jay

Tallman worked extensively with Hyatt management regarding the major up-

grades to the Hyatt Regency, Sarasota, including a $2 million lagoon pool and

waterfalls, landscape/hardscape renovation completed in just 120 days.

Ritz Carlton Hotel & Residences, Sarasota, Florida

• Jay Tallman was a member of the team that

planned this resort hotel and residences.

• The 11-acre downtown Sarasota property consists

of a 266 room, 5-star hotel plus 50 luxury condomini-

ums above the hotel, within an 18-story building. A

separate tower includes 80 luxury condominiums.

• Located nearby on the beach on Lido Key is the

Ritz Carlton Beach Club, with social/dining facilities, re-

sort pool and bar. There is an adjacent 10-story, 88-unit

luxury condominium tower.

• Total developed value of resort of $550,000,000

Longboat Key Club, Longboat Key, Florida

• Ascentia served as the development consultant for the planning for a major

expansion of this luxury resort

• Plans entailed 176 condominiums, 200 room 4-star hotel, meeting center,

spa, an 18-hole championship golf course and new golf clubhouse.

• Total project value $400,000,000

Portfolioe x P e r i e n c e i s A P r i c e l e s s A s s e t{ }

It is people who add depth to Ascentia relationships and luster to its projects. Their responses anticipate need. There is follow-through.

Scrupulous attention to detail. Closure. Follow-through. No detail escapes watchful eyes – which are everywhere, from office, to jobsite,

from plans to purchasing to painters to the landscaper adjusting a sprinkler. It is quality that drives Ascentia’s preference towards turn-

key project delivery, which in turn leads us to working exclusively with the most prominent and respected partners our industry. We

then deliberately manage every aspect of the project, from entitlement, through architecture to construction, to interiors and sales. Ours

is a culture that rewards initiative and extra effort and it is the fundamental reason for the Group’s reputation.

Partner Profiles

Jay has been involved with numerous hotel resort properties, most recently serving as a development consultant on the

planned $400 MM expansion of the Longboat Key Club & Resort’s Islandside community. In addition, Jay was involved in

the planning of the Ritz Carlton, Sarasota with EcoGroup, Inc. During the development of the Beau Ciel project, Jay had

extensive negotiations and ongoing coordination with Hyatt Hotels executives on the planning and construction of the im-

provements to the Hyatt Sarasota.

Prior to coming to Sarasota in the mid-1990’s, Jay was involved in the development and construction of condominium

communities along the west coast of Florida from Tampa to Naples. During much of the 1980’s Jay served in management

capacities in Colorado for a variety of projects from land development to multi-family housing to commercial development

and construction.

In the late 1980’s Jay served as senior project manager for the 9,400-acre master-planned community of Tampa Palms, locat-

ed in Northeast Tampa.

Jay Tallman has been active in real estate development and construction for the past 32 years, after graduating from the University of Denver with a

business degree in real estate finance and construction management. Since the mid-1990’s, Jay has been a fixture along the Sarasota waterfront, active in

the development of condominiums resort residences and golf course communities.

In 1993, while serving as Senior Development Project Manager for Tampa-based EcoGroup, Inc., Jay managed the design and construction of Vizcaya,

a luxury beachfront condominium community on Longboat Key (32 units, $50 MM). Subsequently, Jay partnered with Thomas Brown a principal in

U.S. Assets Group where he went on to develop and manage en Provence on Longboat Key (21 units, $52 MM), Beau Ciel Condominiums adjacent

to the Hyatt Sarasota (44 units, $64 MM), and Orchid Beach Club Condominiums located on Lido Key (54 units, $110 MM). In addition, Jay was

a managing partner in the development of The Founders Club, a 700 acre, and a 262 home-site golf club community featuring an 18-hole golf course

designed by Robert Trent Jones Jr.

Jay Tallman{ }g e t t o k n o W t h e

Santiesteban & Associates Architects is a recognized leader in luxury high-rise residential design,

conspicuously in Sarasota as the architects of the Ritz Carlton, Sarasota. The firm’s portfolio includes

thirty of the state’s marquis high-rise residential projects, over 100 single-family residential and town

home projects and numerous office, retail, and commercial developments. Notably, the firm has de-

signed more than a third of Lutgert Gulf-front community Park Shore, in Naples, Florida, described as

“The Monaco of the Gulf ”. In addition, the firm has designed all seven residential towers for the Lut-

gert Bonita Bay development.

Collectively, the lead designers of Santiesteban have designed over 30 mid/high-rise residential proj-

ects for ten different developers – totaling over $1 billion in the U.S. alone. Significant international

work in the Caribbean and Middle East includes Doha tower, the second tallest tower currently under

construction in the world.

Architects{ }s A n t i e s t e b A n & A s s o c i A t e s A r c h i t e c t s

Partnerships based on mutual trust and commitment.

That people make the difference is certainly cliché, but it is equally certain that people are the foun-

dation and fuel behind Ascentia’s extraordinary success. The consistent and surprising

quality of each and every project, regardless of size or cost per square foot, owes to the dedication

of what is a talented and highly motivated team. And the results immediately distinguish Ascentia

projects.

Partners{ }g e t t o k n o W t h e

For 40 years BCBE has been the A undisputed leader in the construction industry. Up and

down the coast, the firm’s outstanding portfolio includes hundreds of exquisite custom con-

dominiums and single-family residences, notably Sarasota’s acclaimed Beau Ciel. The talents

and experience of BCBE’s management team is especially diverse, with focused specialists in

each phase of the construction cycle, from estimating and value engineering through to the

last interior design. Importantly, the firm brings considerable resources and experience to

the selection of materials that have proven to perform well in Florida’s salty, humid coastal

climate. Delivery schedules, workmanship, attention to detail and excellent communication

with the entire development team make BCBE an integral asset to Ascentia endeavors.

ContractorsM e l V i n e n g e l , s t e V e b A r b e r , l A r r y g o o d b r e A d{ }

The father and son team that are Phil Graham Landscape Architecture features a collection

of award-winning landscape architects and planners specializing in forward-thinking de-

sign – spaces that are vibrant and artistic – that elevate the outdoor experience. With over

3,500 completed projects across the spectrum of civic, commercial and luxury residential

projects the group is recognized for imaginative one-of-a-kind environments.

Landscape ArchitectsM e e t t h e{ }

Coastal Construction Management and its principals Fred Hill and Eric Mauger are recognized ex-

perts in all aspects of development whose track record including Sarasota projects En Provence, the

Tower Residences at the Ritz Carlton and Beau Ciel. Their resume includes hundreds of noteworth

projects along the Gulf, including 18 luxury high-rise condominium towers. The firm’s deeply expe-

rienced in-house team includes general contractors, engineers, financial analysts, project managers,

superintendents, accountants and administrative personnel.

For Ascentia, CCM provides aggressive, hands on oversight and management of the project to ensure

timeliness and financial performance. This includes on-going design coordination and design com-

pletion of the professional design disciplines, continued coordination and compliance agreements

with local municipalities, as well as quality control requirements as related to the final construction.

Better Togetherc o n t r u c t i o n M A n A g e M e n t t e A M{ }

Lori Fountain is a fixture in the Sarasota and the firm she directs has guided the interior design of

the public spaces in many of the region’s most successful condominium projects. Naturally, Lori’s

work extends upstairs to the residences of prominent owners. Her firm, FT Design, is equally versed

across the spectrum of period styles from traditional to contemporary, and includes the full scope

of services, from space planning, color selection, hard and soft surfaces, lighting design and furnish-

ings. Of note is Lori’s work at Ascentia’s sixteen-residence am Meer luxury condominium, where a

historic 1930’s beachfront bungalow will be preserved in period style as an owner’s clubhouse, con-

trasting with the new, sophisticated and quite contemporary residential property.

Interior Designg e t t i n g t o k n o W{ }

Ascentia Development Group

1990 Main Street, Suite 750

Sarasota, Florida 34236

941.309.5383

JAYT@ADGCOMMUNITIES.COM

adgcommunities.com

Amy will direct am Meer’s real estate endeavors as well as liaise with prospects and owners. Amy is

an imaginative thinker and among the most accomplished real estate and resort executives in the

region. For 18 years Amy was an integral member of senior management, including Vice President

of Operating of the Longboat Key Club. Here Amy provided leadership and direction to a staff of

500 employees, 2,100 club members and 221 condominium owners at the Four Star, Four Diamond

property. Annual sales approached $50 million. Most recently at Michael Saunders & Company as

Director, New Homes & Condominiums Division and Vice President, MSC Foundation, Amy had

P&L responsibility for real estate transactions valued at nearly $500 million and resort/club opera-

tions of $40 million annually. Numerous professional affiliations include Board of Director positions

on the St. Armands Circle and Sarasota Convention & Visitors Bureau.

Amy Drakeg e t t i n g t o k n o W{ }