Catawba Hotel Assoc. II to Break Ground on Hampton Inn & Suites in Fort Mill, SC

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. April 23, 2014

Fort Mill, SC - April 23, 2014 - Warren Norman Company, Inc. is happy to announce the groundbreaking of a 102 - room Hampton Inn and Suites in Fort Mill, SC. The six-story hotel will be located at 1520 Carolina Place Drive located off of Highway 160 behind Lowe's Home Improvement and across from Baxter Village.

The hotel will be built to Hampton's new Forever Young initiative which includes: Perfect Mix Lobby, Jump Start Fitness, and the new FYI Guestroom. Additionally, hotels are infused with local photography and art work, highlighting each property's connection to its own community.

The property is owned by Catawba Hotel Associates II, LLC and will be operated by Strand Development Company, LLC, under direction of the Warren Norman Company, Inc., and is expected to be completed by First Quarter 2015.

"The construction of our new six-story Hampton Inn & Suites is a great day for the greater Fort Mill/Tega Cay community and represents just the beginning of many commercial projects that will add long term value to York County for years to come." said Ralph Norman, SC State Representative and President of Warren Norman Company,Inc.

John Pharr, President of Strand Development Company, LLC shared, "We are all very excited about the new Hampton Inn & Suites to be developed in Fort Mill. We look forward to serving companies in the area with a state of the art hotel at a very convenient location. We plan to be actively involved in the community and look forward to working with local officials in promoting tourism in the town of Fort Mill."

York County's Economic Development Director Mark Farris said, "Access to high-quality hotel accommodations are critical for new and expanding companies in the region. The project investment and new jobs associated with this Hampton Inn and Suites are significant for York County and will help us continue to attract new companies to the Fort Mill area."

Read more about Hampton Hotels at www.hampton.com and www.news.hampton.com.

About Strand Development

With headquarters shared between Charlotte and Myrtle Beach, Strand also has operations in Atlanta. Founded more than 40 years ago, the company began as a developer/owner of full-service Holiday Inns, gradually moving into third-party management. Today with more than 50 hotels in its management portfolio, the company is one of the few major operators that focus entirely on third-party

management. The company specializes in the two to four-star hotel segments and is approved to operate hotels under all the leading hotel brand families including; Marriott, Hilton, Starwood, Wyndham, Choice and IHG.

About Warren Norman Company, Inc.

The Warren Norman Company is one of the oldest and most highly respected residential and commercial development companies in South Carolina and the Charlotte Region. From its beginnings in 1948 with Warren Norman leading the way, the company has grown from a small residential developer and builder into one of the region's foremost developers of high quality home subdivisions, Class A office parks, and commercial buildings. Three generations of the Norman family are now involved in the day-to-day operations of the business. For nearly 50 years, the Warren Norman Company has played an integral part in the growth and success of the Rock Hill - York County area.

About Hampton Hotels

The Hampton Hotels brand, including Hampton Inn, Hampton Inn & Suites and Hampton by Hilton, is Hilton Worldwide's award-winning leader in the mid-priced hotel segment, serving value-conscious and quality-driven travelers. With over 1,900 properties totaling more than 188,000 rooms in 14 countries and territories, Hampton Hotels is part of Hilton Worldwide, a leading global hospitality company. All Hampton hotels offer comfortable surroundings and a friendly service culture, defined as "Hamptonality," supported by the 100% Hampton Guarantee®, reinforcing its commitment to providing excellent service to both business and leisure travelers alike. High-quality and consistent accommodations and amenities, such as free Wi-Fi and free hot breakfast, and the latest technology and innovations, such as multi-unit Power Cubes and the brand's signature Clean and Fresh Hampton Bed®, combined with numerous locations globally have made Hampton a leader in its segment and one of the fastest growing hotel brands worldwide.