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<table>
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The Company’s Share of
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($ in millions)
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Project Cost
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Costs Expended in Year Ended December 31, 2004
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Estimated Costs to Complete
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Completed in 2004:
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New York City:
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640 Fifth Avenue – construction of additional 47,000 square feet of office space and redevelopment of existing building
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$64.0
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$13.9
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<td>
$6.0
</td>
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CESCR:
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Crystal Drive Retail – construction of additional 57,000 square feet of retail space and improvements to the infrastructure including streets, signals and signs as part of “way finding” program
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43.0
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25.5
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3.0
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Retail:
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4 Union Square South – redevelopment of 198,000 square feet, of which 193,000 square feet has been leased to Whole Foods, Forever 21, DSW Shoe Warehouse and Filenes
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54.0
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29.6
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<td>
6.0
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Strip shopping centers – site work and/or demolition of existing buildings as part of the redevelopment of six properties released to Wal-Mart and Lowes. (each of these locations were previously leased to Bradlees.)
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18.0
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16.9
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—
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Merchandise Mart:
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350 West Mart Center, Chicago – addition of 40,000 square feet at street level and new lobby and drive
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18.0
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14.6
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2.0
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Other:
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400 North LaSalle (85% interest) – construction of 381,000 square foot, high-rise rental apartment complex containing 452 apartments
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78.0
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4.0
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1.0
</td>
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$275.0
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$104.5
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<td>
$18.0
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</table>
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