ADVISORY/Lee Group Gets Underway on Flower Street Lofts With Rooftop Demolition of 1936 UPS Building; 1,100 People on Waiting List to Buy First For-Sale Housing in Downtown in a Decade.

Business Editors

ADVISORY...for Tuesday (July 30)

--(BUSINESS WIRE)

WHAT:       Rooftop demolition takes the top off former UPS building
            to create Flower Street Lofts

WHO:        Los Angeles City Councilmember Jan Perry
            Tim Leiweke, President, Anschutz Entertainment Group
            Urban infill developer Jeff Lee of The Lee Group
            Shaul Kuba, Principal, CIM Group

WHEN:       Tuesday, July 30
            8:45 a.m. -- Continental Breakfast
            9:00 a.m. -- Program

WHERE:      1140 S. Flower St., downtown Los Angeles
            (Across from Staples Center; next to Palm Restaurant)
            Park in structure off Hope Street at 11th

            For more information: www.flowerstreetlofts.com

PHOTO OPP:  Demolition juxtaposed against the Downtown skyline
            (Rooftop access for photographers only)
            Interior Demolition with view through to Staples Center