⚡ 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 Renaissance"

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

RECOMMENDATION: MAYBE

This report provides a comprehensive due diligence analysis for the potential acquisition and development of a battery energy storage system (BESS) at the subject property. The site presents a compelling financial case due to significant IRA incentives but is burdened by critical unknowns and substantial risks related to grid interconnection and regulatory entitlement. Proceeding with caution and targeted, front-loaded diligence is strongly advised.

1. Site Access & Topography

• Road Access & Feasibility: The site benefits from excellent public road access via Renaissance Drive, a multi-lane commercial thoroughfare. Its proximity to major highways, including I-294, is highly advantageous for logistics and component delivery. Initial review via satellite imagery suggests the access roads are well-maintained and likely capable of handling heavy truck traffic.
• Terrain & Civil Work: Located in Cook County, the site is presumed to be flat, consistent with the region's topography. As a developed commercial parcel (currently an office building), it is likely already graded, which would significantly minimize civil engineering and site preparation costs. This is a notable advantage for construction budget and timeline.
• Heavy Equipment Access: While primary road access is strong, the final approach onto the parcel and specific laydown areas must be verified. A route survey is required to confirm the absence of weight-limited bridges, low-hanging wires, or tight turn radii that could impede the delivery of oversized components like transformers or containerized battery enclosures.
• Easement Concerns: A significant red flag is the discrepancy in reported acreage (35.02 acres vs. 2.97 acres). Actionable Insight: This must be clarified immediately via a title report and ALTA survey. The smaller 2.97-acre figure is assumed for this analysis, which is viable but tight for a 5MW project. Existing utility, access, or drainage easements common in commercial parks could severely constrain the buildable envelope and must be identified on the survey.

2. Environmental Constraints

• FEMA Flood Zone: The FEMA designation is currently Unknown