PROPERTY OVERVIEW Launchpad Crossing is a multi-phased commercial park at the southeast corner of Boca Chica Blvd. (SH4) and FM 511 in eastern Brownsville. This location is the last major intersection in Eastern Brownsville to access SpaceX and is the primary southern cross traffic intersection to the Port of Brownsville Main Entry Gate. Both of these industry incubators are expanding exponentially in growth. The Brownsville Airport is 1.2 miles west of the intersection on Boca Chica Blvd. Launchpad Crossing is designed and planned to commercially support these major industry locations. Phase One of the project broke ground in 2021 with a Convenience Store on the hard corner of the intersection and a commercial lot for potential restaurant or retail support. Phase Two will include a hotel and restaurants and will commence shortly thereafter. Brownsville is undergoing a renaissance with the SpaceX facility on Boca Chica Beach. The company is doubling in size every year and has announced long term plans for continued growth and additional programs. Space Tourism continues to draw visitors worldwide and generates subsequent job growth to support this new tourism. Air traffic has increased substantially with the updated terminal and significant increase in private flights. The eastern portion of Brownsville is underserved with a lack of hotels, housing, restaurant and support retail to meet these demands. The Port of Brownsville has also had an explosion in growth over the last few years with more than $48 Billion scheduled to be invested over the next five years. Construction and engineering companies along with support vendors will continue to increase commercial property demand in the immediate area. Launchpad Crossing is poised to provide that commercial support. The masterplan depicted below reflects the planned development of a new hotel(s), restaurants, service retail and Convenience store. Commercial lots, Build to Suit opportunities, and lease space will be available.