Delta Kappa Epsilon Addition and Renovation

The proposed Delta Kappa Epsilon Addition and Renovation project (“Project”) will include the
renovation and repurposing of existing interior space and the enclosure of portions of patios and
porches on the north elevation for additional square footage. This project will efficiently and
effectively meet the needs of the chapter and help bring the house in line with current trends in
Greek life and improve the student experience.

The current house is approximately 24,824 gross square feet (“GSF”) and 650 GSF will be added
for a total of 25,474 GSF. The main front porch will be expanded and additional hardscaping at
grade will be provided. The house was originally constructed in 2006 and featured 28 beds.
Interior work will include repurposing six (6) bedrooms and three (3) bathrooms for use as new
lounge and common areas; enclosing approximately 650sf. of the existing north patio to increase
dining and improve circulation; re-working the serving and beverage lines; reworking the 2nd
floor bedrooms to accommodate egress to the new 2nd floor porch; and removing walls in the
basement chapter room for better use of the space and adding a sink in the basement locker room.
Exterior work will include reworking the north porch and stairs to the basement to improve
circulation in and out of the chapter house; reworking the south patio and existing windows to
add new doors and a patio area with new ADA ramp access in and out of the chapter house;
reworking grades at the south yard to add hard-scape and to tie into the new ramp; and reworking
landscaping to meet UA standards.

In addition, mechanical, electrical, plumbing, and fire protection deferred maintenance issues
will be addressed as required. The deferred maintenance liability being addressed by the project
is approximately $1 million.