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RELATED WESTPAC JOINS WITH TOWN OF SNOWMASS VILLAGE TO ANNOUNCE COLLECTIVE

RELATED WESTPAC JOINS WITH TOWN OF SNOWMASS VILLAGE TO ANNOUNCE COLLECTIVE
COMMITMENT TO ENVIRONMENTAL SUSTAINABILITY
Developer Announces Bold Series of Sustainability Initiatives
Partners with Acclaimed Rocky Mountain Institute to Pursue Innovative Sustainability Solutions
Related WestPac today announced an initial series of sustainability initiatives that will create a cleaner, greener
environment throughout the Snowmass Village redevelopment. Related WestPac detailed their efforts at a luncheon
with Town of Snowmass Village Mayor Doug (Merc) Mercatoris and Councilman John Wilkinson, which celebrated their
collaborative commitment to environmental sustainability. They were joined by President and CEO of the U.S. Green
Building Council S. Richard Fedrizzi and former New York Governor George E. Pataki.
Related WestPac is currently developing 80 acres comprised of residential units, world-class hotels, retail, entertainment
and restaurant amenities surrounding the renowned ski area in Snowmass Village, Colorado. The first stage of sustainability
initiatives includes eight signature elements:
• Partnership with celebrated Rocky Mountain Institute to pursue innovative sustainability solutions;
• participation in the new LEED (Leadership in Energy and Environmental Design) for Neighborhood Development
Pilot Program;
• LEED certification for all buildings going forward;
• LEED silver certification of Base Village Hotel site;
• siting of new carbon-free renewable energy sources;
• cleaner construction practices and traffic reduction initiatives that will improve air quality and minimize
environmental impacts;
• appointment of a Sustainability Specialist–a new dedicated senior official to ensure sustainable design
implementation and to create and employ further sustainability efforts; and
• formation of a Sustainability Stewardship Committee led by Town of Snowmass Village and the community in
partnership with all present and future stakeholders including Related WestPac and Aspen Skiing Company to
expand and compound sustainability efforts.
Pat Smith, President of Related WestPac said, “When our buildings are constructed in a manner that is respectful of
the surrounding built and natural environment, the overall fabric of our community is enhanced. The cleanest energy is
the energy we don’t use. In partnership with Rocky Mountain Institute, we will aggressively pursue the most efficient
use of energy as well as the cleanest renewable resources available including carbon neutral technologies, biofuels and
solar-based energy. As part of the Snowmass community, we have an opportunity and an obligation to shape its future
through ingenuity and innovation. In collaboration with the Town of Snowmass Village and Aspen Skiing Company we
will help build a stronger brighter future for our community.”
Jeff Blau, President of Related Companies said, “Snowmass Village has a tremendous heritage built on its awe-inspiring
natural beauty and unique geographic, historic and cultural elements. The initiatives we announce today will be just
the beginning of our long-term commitment to create a new model of community living anchored in sustainability.
Throughout the redevelopment, we will embrace innovative technologies and constantly push the boundaries of clean,
green progress. Simply put, sustainability is about seeking a better quality of life for everyone.”

Partnership with Rocky Mountain Institute on Innovative Sustainability Solutions
Related WestPac announced that it has partnered with the widely acclaimed Rocky Mountain Institute (RMI) to pursue
innovative sustainability solutions.
Michael Potts, CEO of the Rocky Mountain Institute said, “RMI is delighted to have this opportunity to work with Related
WestPac to create an exemplary climate responsive development in this unique market and region.”
RMI fosters the efficient and restorative use of resources to create a more secure, prosperous and life-sustaining world.
Celebrating its 25th anniversary of challenging conventional thinking and leading the field in cutting-edge research, RMI
is a not-for-profit “think and do tank” that works with individuals and organizations of every imaginable kind to help them
use energy and resources efficiently while served as ever-better stewards of the environment.
RMI has previously partnered with Wal-Mart on efforts to double the fuel efficiency of its trucking fleet, and to cut
energy use in its stores, served as lead technical advisor on the energy and environmental retrofit of the White House
and assisted Lucasfilm in developing sustainable strategies for a 900,000-square-foot film complex at the Presidio.
LEED for Neighborhood Development
Related WestPac is proud to participate in the new LEED for Neighborhood Development Pilot Program. The LEED
for Neighborhood Development rating system is the first national standard for neighborhood design and integrates
the principles of smart growth, new urbanism and green building. The LEED for Neighborhood Development is a
collaboration among the U.S. Green Building Council (USGBC), the Congress for the New Urbanism (CNU) and the
Natural Resources Defense Council (NRDC).

Rick Fedrizzi, President, CEO & Founding Chair, U.S. Green Building Council said, “By using the LEED for Neighborhood
Development program as a planning tool, Related WestPac’s redevelopment of Snowmass Village will have a tangible
impact on the environment and on the community. LEED for Neighborhood Development encourages a healthier lifestyle,
which is an essential element of a healthy community. The LEED for Neighborhood program will also enable communities
to make efficient use of our natural resources and make an immediate, positive impact on our planet.”
While Related WestPac pursues LEED for Neighborhood Development certification, it will also extend these efforts into
every aspect of their continuing operations in Snowmass Village. In partnership with the Town of Snowmass Village and
the Aspen Skiing Company, Related WestPac will continue to explore renewable energy sources, water reuse opportunities
and carbon-neutral technologies to constantly build on their efforts.
LEED Silver Hotel, Certification for All Buildings Going Forward
The redevelopment plan has three distinct development sites: Base Village, Snowmass Center and West Village. Since
closing on all three sites in March of this year, Related WestPac has undertaken an intensive review of the construction
plans and design documents. Related WestPac announced today that it had revised design documents in Base Village to
enable the hotel site (sites 13a and 13b) to achieve LEED Silver certification. Currently there are only five LEED certified
hotels in the nation, none of which are silver, and just over 30 hotel projects that are pursuing certification at any level.
Related WestPac also committed that all buildings going forward will be LEED certified. Through smart water and energy
saving design, the Base Village development alone will save the equivalent of 4,400 barrels of oil, 11.3 million gallons
of water and 5,200 metric tons of carbon dioxide annually—the equivalent of providing energy for 240 homes, filling 25
Olympic-sized swimming pools and taking 950 cars off the road. These results will increase exponentially when the full
redevelopment is achieved.
Siting of New Carbon-free Renewable Energy Sources
Also announced was the installation of a new 100,000 KWH microturbine along Brush Creek that will contribute to
cleaner air and long term sustainability. This new carbon-free renewable energy source could likely power the equivalent
of one chairlift, one local elementary school, a small hotel or a medium-sized movie theatre.
Cleaner Construction Efforts
Cleaner construction efforts detailed today include:
• Real-time air monitoring for particulate matter to measure localized air quality;
• idling restrictions on all construction equipment to minimize environmental impacts on the surrounding
community;
• streamlined soil-moving and coordinated disposal to reduce pollution caused by multiple vehicle trips, this effort
has resulted in 90,000 tons of soil and structural fill being maintained on-site–saving over 33,000 gallons of gas,
489 tons of CO2 and equivalent to taking 75 cars off the road; and
• introduction of the use of biodiesel fuel (B20) into machinery such as the street sweeper to help to contain dust
and soil. Related WestPac will be encouraging and requesting all current contractors use biodiesel fuel wherever
possible and will be locating biodiesel fuel tanks onsite. The use of B20 biodiesel fuel typically reduces life cycle
carbon dioxide emissions by 15 percent and airborne particulate matter by 12 percent over traditional diesel.
Traffic Reduction Initiatives
Related WestPac has implemented policies to reduce traffic congestion. Through employee bus and carpooling
initiatives, there are approximately 640 fewer car trips in and out of Snowmass Village on a daily basis. It is estimated
that this saves 238 gallons of fuel and over two tons of carbon dioxide emissions each day. The developer is also
currently assembling building components offsite whenever possible to reduce worker traffic to and from the site.
Related WestPac aims to increase connectivity and reduce auto usage by creating seamless pedestrian-oriented
neighborhoods, gondola people-movers and walkable destinations. The addition of a new gondola from Base Village
to Snowmass Center ensures integration of all three development sites.

Sustainability Specialist
Related WestPac announced that it will appoint a full-time Sustainability Specialist to review and monitor cleaner
construction practices, while ensuring the buildings are developed to their sustainable design standards. In addition,
the Sustainability Specialist and Related WestPac will develop a Green Playbook to promote and guide green practices
for all contractors and subcontractors, employees, partners and vendors.
Sustainability Stewardship Committee
The Town of Snowmass Village announced that with the community they will be creating the Snowmass Village
Sustainability Stewardship Committee. Through the Sustainable Stewardship Committee, the Town and community,
in partnership with all present and future stakeholders including Related WestPac and Aspen Skiing Company, will work
collaboratively to advance sustainable programs and initiatives and expand the impact of their individual eco-conscious
efforts. The Committee will collectively pursue innovation and code revisions to encourage and promote environmentally
sensitive development and redevelopment and will look to create a Sustainability Speaker Series to engage and
empower the community, raise awareness and ensure that future generations learn about the environment and actively
participate in creating a better, brighter future.
Snowmass Village Mayor Douglas “Merc” Mercatoris said, “The Town of Snowmass Village has a proud legacy of
protecting and respecting the environment in which we are so privileged to live. We welcome Related WestPac’s
commitment to work with us to achieve our collective goal of a truly sustainable community as we pursue an even
stronger, healthier, cleaner, greener future for all.”
Town of Snowmass Village Councilmember John Wilkinson said, “Snowmass Village’s stewardship of the natural
environment dates back to the resort’s very founding in the 1960s. The steps we take today will have a real and concrete
impact on the environment we live in tomorrow. By striving towards a sustainable future collaboratively, we will create a
better, stronger community that offers the best possible quality of life.”
Mike Kaplan, President and CEO of Aspen Skiing Company said, “We are thrilled to work with partners who share our
commitment to sustainable business practices and green building. With this announcement, Related WestPac and the
Town of Snowmass Village have taken a true leadership position in sustainable development.”
In developing its sustainability efforts, Related WestPac has been advised by former New York Governor George E.
Pataki in his new role as Founder and Chairman of the Pataki-Cahill Group. Governor Pataki is widely known for
protecting over one million acres of open space, sponsoring the first mandatory cap and trade carbon initiative (which
now includes ten Northeastern and Mid-Atlantic states), instituting the nation’s first green buildings tax credit program
and working to ensure the redeveloped World Trade Center site will be a global example of green building design. The
Governor also created a public-private partnership for clean energy generation that resulted in one of the largest
demonstrations of industrial solar power in the U.S., and one of the largest wind-power arrays in the east as well as
two cellulosic ethanol production facilities and two clean coal plants currently under d–evelopment.
Former Governor George E. Pataki said, “It is encouraging and inspiring to see this type of commitment by the
private sector to further environmental sustainability. Related WestPac has begun exploring innovative ground-breaking
technologies that will engage the community and propel sustainability efforts forward. Broad participation is a key
component to sustainability and the shared vision of Related WestPac, the Town of Snowmass Village and Aspen Skiing
Company will motivate action and accelerate progress toward a stronger and healthier environment in Snowmass Village.
No one developer or local government can do it alone. We must continuously commit to work together to develop our
communities for the future and pursue a cleaner environment, a more secure nation and a safer world.”
Related WestPac is a joint venture partnership of Related Companies, a fully integrated private real estate development
company, and WestPac Investments Colorado LLC, a diversified real estate investment and development company.