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PATRICK L. PHILLIPS ECONOMIC RESEARCH ASSOCIATES Market Study Consultant

Patrick Phillips is the President of Economic Research Associates (ERA). Since 1993 he has coordinated all aspects of Economics Research Associates’ organiza- tion, strategy, business development, and service delivery. Mr. Phillips has over 20 years of experience in the economic analysis of real estate and land use issues, with a particular focus on the intersection of private investment and public policy. His consulting practice focuses on economic and feasibility analysis, strategic planning, and transaction-related services for real estate investors and developers, public agencies, financial institutions, universities, and non-profit organizations. His work has involved all major categories of urban land use, for such clients as Forest City, Pulte Homes Corporation, General Growth, the Port Authority of New York and New Jersey, Samsung, TIAA, Alcoa, the University of Cincinnati, the National Capital Revitalization Corporation, Coca-Cola, Hines, and numerous public agencies and non-profit organizations. Mr. Phillips has advised numerous public-sector clients on issues related to public- private partnerships for economic development. This prac- tice has concentrated on business development and retention and the revitalization of historic buildings, downtown areas, waterfronts, and neighborhood commercial districts. He is an expert in creative financing strategies and has analyzed tax-incre- ment financing approaches in New York City, Houston, Washington D.C., and Atlan- ta. In addition, he has led a number of new urbanism projects undertaken by Duany Plater-Zyberk & Co.

EDUCATION Master of Public Administration, Syracuse University, 1984 Master of Landscape Arch. State Univ. of New York, 1981, Urban Design Bachelor of Science, Colorado State University, 1979

REPRESENTATIVE PROJECTS Savage Tract TOD, Austin, Texas Lead Economist for ERA retained by Summit Properties to conduct a market analysis for a proposed development project on a 321-acre site northwest of Austin, Texas known as the Savage Tract. The project, adjacent to a proposed commuter rail station, is planned to include for-sale residential, retail, and office space. As a transit- oriented development (TOD), at least in part, the project is intended to leverage the investment in transit infrastructure by providing a broader range of housing products, higher overall density, and a potential mixed-use component not previously seen in this submarket.

NoMa Development Strategy, Washington, D.C. Lead Economist for ERA collaboration with Urban Design Associates and Peter Calthorpe. ERA was retained by the Cultural Development Corporation of the District of Columbia to provide consulting services in the development of a plan for the area

MICHAEL GRAVES & ASSOCIATES with DUANY PLATER-ZYBERK AND COMPANY

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