⚡ 1480 RENAISSANCE DR

TO: Sunland America Corp. Development Committee

FROM: Senior BESS Site Evaluation Analyst

DATE: October 26, 2023

SUBJECT: Comprehensive Site Diligence Analysis for "Project O'Hare"

PROPERTY: 1480 RENAISSANCE DR, Park Ridge, Cook County, IL (APN: 09221100050000)

RECOMMENDATION: MAYBE

This report provides a comprehensive due diligence analysis for the potential development of a distribution-scale (≤5MW) Battery Energy Storage System (BESS) at the subject property. The site presents a high-risk, high-reward opportunity, driven by compelling IRA incentives but countered by significant unknowns in grid access and regulatory approval. Proceeding with a phased, low-cost diligence approach is recommended to address fatal flaw risks before committing significant capital.

1. Site Access & Topography

• Road Access & Feasibility: The site has frontage on Renaissance Drive, a publicly maintained road within a commercial office park. Based on aerial imagery, the road appears to be paved and well-maintained, capable of supporting heavy truck traffic. The property's proximity to major highways, including I-294, is a significant logistical advantage for equipment delivery. A final route survey should be conducted to verify bridge clearances and any local road weight restrictions prior to transport, but initial assessment is highly favorable.
• Topography: The site is in Cook County, Illinois, an area characterized by exceptionally flat terrain. The property itself appears to be graded and level, consistent with its development as part of an office park. Significant earthwork or grading is not anticipated, which will reduce civil engineering costs and construction complexity.
• Heavy Equipment Access: Direct access from the public road onto the parcel appears feasible. The flat terrain will facilitate the movement and placement of heavy equipment, including a mobile crane for setting transformers and switchgear, and the delivery of containerized battery systems via flatbed trucks.
• Easement Concerns: The parcel size is listed as both 35.02 acres and 2.97 acres. Assuming the 2.97-acre parcel is the target, its location within a larger developed park means it is almost certainly encumbered by existing utility, access, or drainage easements. Requires Verification: A Preliminary Title Report and ALTA Survey are critical to identify the exact location and nature of any easements, which could significantly constrain the final site layout and buildable area.

2. Environmental Constraints

• FEMA Flood Zone: The FEMA flood zone designation is currently Unknown. This is a critical data gap. If the site is located within a Special Flood Hazard Area (e.g., Zone A or AE), development costs will increase substantially due to requirements for elevating all equipment pads and control systems above the Base Flood Elevation (BFE). This could potentially render the project uneconomical.
• Wetlands: The presence of wetlands is Unknown. A desktop screening using the National Wetlands Inventory (NWI) is an immediate next step. Given the developed nature of the area, jurisdictional