The project is in the middle of the schematic design phase. On October 26, we held an Internal Steering Committee meeting, and the architectural firm Gensler presented the Phase I proposed floor plans and site plan to illustrate the shape of the building footprint and the relationship between programmed department areas on each floor. The committee approved the proposal.

Subsequently, we have been engaged in a series of meetings with each ACC department to review the detailed layout of rooms for each respective floor plan. The architect will be revising and refining the plans to reflect the requests of each department.

A final set of floor plans will be presented again for approval by the departments, at which point, Gensler will begin developing building elevations and a 3D rendering. We are targeting early December for the completion of schematic design.

Thereafter, a schematic design package will be released for internal ACC department review and a conceptual price estimating exercise by Flintco, our construction manager at risk.

Currently, we are working to get Flintco under contract. In addition, we have released Raba-Kistner to complete the geo-technical report for the project. Borings have already been taken, and we expect the final report to be issued in a couple more weeks.

We have also been working with the Plum Creek stakeholders to identify formal submittal packages for their Architectural Review Committee (ARC). As a condition for the purchase of the land, ACC is contractually obligated to go through this process with the Plum Creek Masterplan stakeholders as well as the City of Kyle for permit review.