THF Realty

Letter from the St. Louis Regional Business Council

I recently read in the St. Louis Business Journal (August 2005) that THF Realty was once again ranked as the nation's fastest growing private retail developer by Retail Traffic - congratulations! This is a great honor and a credit to your leadership. You and your company are invaluable to our community and it is a pleasure to work with you as part of the Regional Business Council. Congratulations again on your continuing success.

Kathy Osborn
The Regional Business Council
7701 Forsyth Boulevard, Suite 205
St. Louis, MO 63105

Cottonwood Mall Proves To Be a Success for the Village of Glen Carbon, IL

The Village of Glen Carbon would like to provide you with feedback on the success of the development plan in Glen Carbon - Cottonwood Mall.

In 1996 THF agreed to rehabilitate the Mall and to construct a community shopping center. It is important to the economic and social welfare of the Village that the Village promotes the economic vitality of the community by assuring and providing opportunity for development and sound and stable commercial growth. The Village was very interested in enhancing the tax base in this area and improving the income produced by the commercial property involved.

I am happy to report that property values have increased, and that tax revenue generated from the redevelopment of this area has doubled! The increase in revenue to the Village is greatly appreciated.

In addition to these financial accomplishments, Cottonwood Mall provides a place for members of our community to work and shop. Several local proprietors are located in the Mall. This provides the opportunity of being a business owner in the community where you live, something that our citizens value.

The Mall and the surrounding area also provide establishments where families can go to dine, another important aspect for the Village.

We are very pleased with the development, and THF's achievement of the commitments associated with delivering this development.

Ronald J. Foster, Mayor
Village of Glen Carbon
151 North Main
Glen Carbon, IL 62034

Westmoreland Conservation District: The Center for Conservation Education

I hope that you know that we value you very much - as a friend of the District and, most especially, as a friend of the Center for Conservation Education. We could never have undertaken a project of this magnitude without you.

This Center has tremendous positive potential for our region - and it has become a reality only because you and so many others have supported it with your creativity, dollars, vision, skills, materials, and time. The Center is a witness to the respect you have for our regional history...the responsibility you feel for stewardship of the present...and the inspiration you excite for the potential in our future.

Thank you for joining with us to create this valuable community resource.

J. Roy Houston, Chairman
Gregory M. Phillips, District Manager
Westmoreland Conservation District
Greensburg, PA

Department of Development of the Community Improvement Corporation: The Ohio Valley Plaza

The Ohio Valley Plaza continues to be a major topic of discussion within our tri-state region. Your new Plaza, plus the existing Ohio Valley Mall, has made Belmont County a retail power center, drawing individuals from a 75-mile radius. Last year, our County, with a population of 68,000, had retail sales of $600 million dollars. Our County personally receives 1.5% of all retail sales through taxation, and last year we received in excess of $9 million dollars, which greatly adds to the County's financial well-being.

Robert Forsythe, the Chief Architect of the Football Hall of Fame in Canton, Ohio, has told me on three different occasions how he marvels at the construction of your Ohio Valley Plaza. From it's massive 3.2 million cubic yards of earth moving with the utilization of dynamic compaction, to the quality design, construction and overall beauty of this project.

During my 10 years as Development Director in Belmont County, Ohio, I have had the privilege of securing numerous quality projects, but no project has been as gratifying or rewarding as the THF Project. This $57 million dollar project, with 30-36 stores now in operation, presently employs more than 1,600 individuals and adds such a quality service to our region.

On behalf of the Belmont County Commission and its Department of Development we thank the THF Corporation for the faith they had in our County and for helping to improve the quality of life within our region. It has been a pleasure to deal with a Corporation who has the ability and integrity of THF Realty.

Donald R. Myers, Director
Department of Development of the Community Improvement Corporation
Belmont County
St. Clairsville, Ohio

Chesterfield Commons Wins Beautification Award for Third Year

The Chesterfield Beautification Committee presented its 6th annual award for outstanding landscaping to THF Realty's Chesterfield Commons. Nominations for 2005 were accepted from residents and committee members from May through July. These nominations were then viewed by the 15 member committee and voted on. The criteria for judging were: curb appeal, color and texture, and maintenance of the site.

For the third year, THF Realty was recognized for its landscaping efforts in Chesterfield Commons. Kay Folsom, Chairperson for the Citizens' Beautification Committee had this to say, "The outstanding design and execution of the overall landscaping, from its tree-lined islands to its dancing fountains surrounded by banks of colorful flowers, is so superior that it's a wonder customers don't mistake the area for a park instead of a parking area around a commercial shopping center.

"The unique design of the bridge over Highway 40 is complimented by the retro-lighting and creative landscaping on the sides of the highway. Nowhere in our area do we find a better example of 'going the extra mile' to present a beautiful, pleasing environment to everyone entering the property as well as travelers on Highway 40. We are both pleased and grateful to THF Realty for their commitment to Chesterfield Commons, enhancing the beauty of Chesterfield and making a lasting contribution to the city."