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Media Contact: Brian Dolezal, Hahn Public for Catellus

(512) 344-2035 or 619-6742

HYPERLINK "mailto:bdolezal@hahnpublic.com" bdolezal@hahnpublic.com


ALDRICH STREET TAKING SHAPE IN HEART OF MUELLER

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New, Local Restaurants to Join Alamo Drafthouse at Mueller in 2016-2017

AUSTIN, Texas - Jan. 25, 2016 - HYPERLINK
"http://www.aldrichstreet.com/" Aldrich Street , Mueller's growing
activity hub that currently comprises Lake Park, the Thinkery, three
multifamily communities, Seton's administrative offices and an upcoming
Alamo Drafthouse retail building, is about to expand further with the
addition of five new, local restaurants in a newly announced
three-story, mixed-use building fronting Mueller's Lake Park.

HYPERLINK "https://bdrileys.com/" B.D. Riley's Irish Pub ,
HYPERLINK "http://ilikelick.com/" Lick Ice Creams , HYPERLINK
"http://halcyoncoffeebar.com/" Halcyon Coffee + Bar + Lounge ,
HYPERLINK "http://stellapublichouse.com/" Stella Public House and
HYPERLINK "http://www.jtyoungbloods.com/" J.T. Youngblood's will each
debut at Aldrich Street by early 2017. Along with the soon-to-open
HYPERLINK "http://briberybakery.com/" Bribery Bakery and HYPERLINK
"http://www.locadoroaustin.com/" L'Oca D'Oro on the first floor of the
AMLI at Mueller building, this offering establishes an eatery and
entertainment core for Mueller's town center, which will become the
densest part of Mueller.

Like its first pub on Sixth Street near the Driskill Hotel, B.D. Riley's
Irish Pub at Mueller is being constructed just outside of Dublin,
Ireland, disassembled, packed and transported to Austin, to be
reassembled here.

``My partners and I have been searching for the perfect spot for an
Austin expansion for well over two years, and we all agree we found that
spot on Aldrich Street in Mueller,'' said John Erwin, B.D. Riley's
president and founder. ``Our designers and craftspeople in Ireland are
already working to bring another true Irish pub experience to Austin.
Just as we do downtown, we will offer our award-winning menu, local live
music, and a wide selection of Irish and local beers plus a full bar.''

Lick Ice Creams, which currently operates two locations in Austin and
one in San Antonio, makes artisanal ice creams from pure, whole
ingredients. Unique flavors include horchata, Texas sheet cake, caramel
silk lick, roasted beets with fresh mint, coconut chia chai, and
seasonal specials like cardamom pear cake, cilantro lime and Hazel's
pumpkin pie.

``We're going to incorporate a bit more color and playful elements to
celebrate this location being directly across from the Thinkery, and,
since we'll face a lovely promenade, we'll be able to have more outdoor
seating than our current shops,'' said Anthony Sobotik, who, along with
Chad Pamatier, founded Lick in 2011.

``We've been so intrigued by the Mueller project and the Thinkery
relocation for quite some time. Seeing its rebirth is exhilarating and
we wanted to be a part of that, because we like to seek out locations
within neighborhoods so we can grow with that community and be a
destination that's walkable and bikeable,'' added Sobotik.

Halcyon, a coffeebar that originated in the Austin Warehouse District 15
years ago, will open its third location in Texas at Aldrich Street,
serving as a coffeehouse by day and a bar and lounge by night, with food
served all day. Incorporating a full kitchen and a full bar, Halcyon
will offer a broad menu of inventive breakfast, salad, sandwich, snack
and dessert options, along with craft cocktails and craft espresso
drinks, including its famous Chocolate Espresso Martini and Table Side
S'Mores.

Stella Public House, a farm-to-table pizza concept from Austin founders
of Halcyon, will open its third location nationally at Aldrich Street.
This first Austin location will feature Texas-sourced, artisan pizza
prepared in an Italian Modena wood-fired oven and using Stella's
acclaimed dough recipe made in-house daily along with homemade
mozzarella pulled in-house daily. Along with its artisanal wood-fired
pizzas, the restaurant will also offer a seasonal menu of farm-to-table
small plates, including its award-winning wild mushroom mac-n-cheese and
lamb meatballs, as well as 30 rotating taps of craft beers from across
the U.S. and internationally-curated wines.

J.T. Youngblood's is a fast-casual, healthy alternative to fast food,
featuring Texas-style fried and oak-roasted rotisserie chicken, along
with house-made healthy sides, pies and ice cream. This modern take on a
once iconic Texas restaurant will have dine-in and dedicated take-out
service, plus a full bar and in-house bakery. Former TRIO at Four
Seasons Austin general manager Jeff Haber, Lenoir chef-owner Todd
Duplechan, and Jeffrey's and Shoreline Grill co-founder Jeff Weinberger
make up the team revitalizing one of the first farm-to-table concepts in
Texas.

The approximately 56,000-square-foot, mixed-use building known as the
``Diamond Building'' because of the site's baseball diamond shape, will
be located along Aldrich Street fronting Simond Avenue and across the
paseo from the Thinkery. Future office tenants will occupy the top two
floors with unobstructed views of downtown Austin while the five
restaurants profiled above will make up the first floor of this unique
building designed in collaboration by HYPERLINK
"http://www.lakeflato.com/" Lake|Flato Architects and HYPERLINK
"http://studio8architects.com/" Studio8 Architects .

The striking design includes an expansive, shaded outdoor patio that
features a distinctive sloping roof and incorporates a large rainwater
collection system. The building will be accented by a variety of
materials, including exposed wooden timbers, as well as shaded areas
both at street level and on balconies.

Construction has also begun on the two-story cinema building designed by
HYPERLINK "http://pagethink.com/" Page Architects . Alamo Drafthouse
will open into a ground-floor lobby with a bar/lounge serving 48 beers
on tap, a stage for live music and cafe seating along the paseo. An
expansive covered terrace will extend cafy seating and service to the
second floor overlooking Aldrich Street. Their six auditoriums will
occupy the second floor with capacity for approximately 600 people. The
more than 54,000-square-foot building, located along Aldrich between
Ragsdale and Robert Browning streets, will include additional street
level shops and eateries. Both buildings are anticipated to earn Austin
Energy Green Building and LEED ratings.



``People may not realize they are already enjoying Aldrich Street when
they visit Lake Park and the Thinkery, but they'll certainly recognize
how they are part of Mueller's evolving town center when Alamo and these
terrific local eateries start opening this year,'' said Greg Weaver,
executive vice president of HYPERLINK "http://www.catellus.com"
Catellus Development Corp., the master developer of Mueller. ``Aldrich
Street has been many years in the making to ensure we captured the right
mix of businesses and design as we begin to roll out the district.''

At Aldrich Street, places to shop and dine will connect seamlessly with
cultural, residential and office opportunities. Broad paseos and a
lakefront park make the outdoors a key part of the experience. A strong
emphasis on local businesses will underscore its sense of place with
locations for a variety of retail merchants, hotel, casual and fine
dining, pubs, live music, galleries, professional and neighborhood
services. Aldrich Street is named for the street that bares the name of
Roy Aldrich, who served as a Texas Ranger from 1915 to 1947 and whose
farmland later became a part of the Robert Mueller Municipal Airport and
is today a part of Mueller.

Aldrich Street Upon Completion:

Office: Up to 1,800,000 sf

Retail/Restaurant/Cinema: Up to 300,000 sf

The Thinkery: 36,000 sf

AISD PAC: 56,000 sf

Residential: More than 3,000 apartments and condos

Hotel: 120 to 140 rooms

Aldrich Street Completed:

Mueller Central (2007)

AIR formerly SEDL, 56,000 sf office (2007)

Mueller Lake Park, 30 acres (2008)

Mosaic at Mueller, 441 units multi-family (2008)

Seton Administration, 156,000 sf office (2009)

The Thinkery, 36,000 sf children's museum (2013)

District-wide parking garage (2013)

Elysian at Mueller, 301 units multi-family (2014)

AISD Performing Arts Center, 56,000 sf (2015)

AMLI at Mueller, 279 units multi-family (2015)

Aldrich Street Under Construction (projected open):

Overture, 201 multi-family units (2016)

Alamo Drafthouse, cinema/retail, 54,000 sf (2016)

Diamond Building, office/retail, 56,000 sf (2016)

AMLI (2) at Mueller, 318 multi-family units (2017)

About Mueller: Mueller is one of the nation's most notable new-urbanist
communities located in the heart of Austin. The 700-acre site of
Austin's former airport is being transformed into a diverse,
sustainable, compatible, revitalizing and fiscally responsible
master-planned community. Mueller is taking shape as a joint project
between the City of Austin HYPERLINK
"http://www.austintexas.gov/department/economic-development" Economic
Development department and Catellus Development over 10 to15 years
following nearly 20 years of extensive citizen input. Upon completion,
Mueller will feature at least 5,900 single-family and multi-family
homes, a mixed-use town center district known as HYPERLINK
"http://www.aldrichstreet.com" Aldrich Street , 4.4 million square feet
of prime commercial space, including 750,000 square feet of local and
regional retail space, 140 acres of parks and open space, plus Dell
Children's Medical Center, the Austin Film Studios, The Thinkery, H-E-B
and the Austin ISD Performing Arts Center. For more information, visit
HYPERLINK "http://www.MuellerAustin.com" www.MuellerAustin.com , find
us on Facebook at HYPERLINK "http://www.Facebook.com/MuellerAustin"
www.Facebook.com/MuellerAustin and follow us on Twitter HYPERLINK
"https://twitter.com/muelleraustin" @MuellerAustin .

About Catellus: Catellus is a national leader in mixed-use development,
solving some of America's most complex land challenges. With nearly 30
years of experience as a master developer, Catellus has transformed
former airports, military bases and urban industrial sites into thriving
retail, residential and commercial communities. These projects, which
often include substantial public amenities, add economic, social and
environmental value to the communities they serve. Catellus has both the
financial strength and development expertise to turn vision into reality
at even the most demanding development sites. For more information,
visit HYPERLINK "http://www.catellus.com" www.catellus.com .

About the City of Austin, Economic Development Department -
Redevelopment: The City's Economic Development Department, formed in
2002, has led redevelopment, small business development, business
recruitment, international economic development, and the cultural arts,
music and film programs for the City. With a focus on regenerating key
assets of the city, Economic Development has implemented catalyst
redevelopment projects, including the Seaholm District, Second Street
Retail District, and the Mueller Redevelopment, an award-winning
national model for responsible urban planning and development. Visit
HYPERLINK "http://www.austintexas.gov/ecodev"
www.austintexas.gov/ecodev .

# # #

Aldrich Street's ``diamond building'' will be located next to the
Thinkery and house five eateries on the first floor with offices on the
second and third floors. Image courtesy Studio 8 Architects, which,
along with Lake|Flato Architects, designed the building.

The cinema building at Aldrich Street will feature Alamo Drafthouse on
the second floor with retailers and eateries on the first floor. Image
courtesy Catellus Development.