Environmental + Social Initiatives

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E N V I R O N M E N TA L + S O C I A L I N I T I AT I V E S

We strive to create environments that are cleaner, greener, safer, and appealing for all.


We are committed to creating enduring investments and remarkable places that enrich people’s lives through innovative design, engaging activations, and sustainable environments.

Featured Project EAST RIVER 9 EASTRIVER9.COM


FOREWORD

At Midway, prioritizing environmental, social, and

Square, the outdoors is a central design component in the

governance (ESG) factors are at the forefront of our

people-firstenvironmentswecreateandoperate.Wemade

endeavors. Seeking to impact our larger community

aconsciouse-orttoactivateover257,0 squarefeet

positively, we are committed to creating enduring

ofgreenspacethroughoutourportfolio,hostingover50

investments and remarkable places that enrich people’s

events last year.

lives through innovative design, engaging activations, and sustainable environments.

OurTeamMembersdefineourcompetitiveadvantage,and we’re proud to recognize their contributions and share their

ESG is a key component of our business operations, new

commitment to the highest standards of integrity. At Midway,

developments, and our portfolio of mixed-use destinations

we empower each of our Team Members to bring diverse

through participation in a wide variety of benchmark

perspectives,driveinnovation,andcontinuetohelpthefir

initiatives, from LEED ®andFitwelcertificationstoWELL be good stewards of the environment, a great place to work, BuildingStandards,WiredScore,andbeyond.Inbuilding and an essential driver of innovation in our communities. and operating all our projects, we prioritize energy

We’reproudtoberecognizedbytheHoustonChronicle

e-ciency,activewastemanagement,watere-ciencyand as one of Houston’s Top Workplaces in8291,and 0 supply, indoor environmental quality, and wellness. In all

2,and 01 mostrecentlyasoneof The Best Places for

our projects, we conduct site analyses mapping heritage

Working Parents ® 2022 Businesses.

trees, bike paths, and walking trails to determine how best to connect, embrace and promote nature and outdoor

Generosity is how we live our mission, and Midway

connections within our built environments. Midway’s

iscommittedtogivingback.Westronglyencourage

distinctive development initiative doesn’t necessarily make

engagement and philanthropic support, providing our

forflashyheadlinesoreasy-to-touchattractions.Still, TeamMembersonedayeachmonthtomakeadi-erence it creates enhanced, future-oriented working and living

and volunteer with a charitable organization of their

conditions for our valued tenants and guests. Ultimately, we

choosing,resultinginover2,150 hoursofservicelastyear.

believe providing those innovative systems and a healthy

Furthering our commitment to the communities we live and

environment is the right thing to do.

workin,MidwaydonatesaportionofprofitstotheMidway Foundation to be reinvested into local charities.

Led by our core values — integrity, passion, adaptability, quality, initiative, teamwork, urgency, and generosity — our

I am proud of our team’s work to further our commitment

purpose drives us to invest, develop, operate, and activate

to being a sustainable, resilient company. ESG will play an

projects of distinction that create a lasting positive legacy.

even more central role in the years ahead as we strive to

The cornerstone of Midway’s signature developments is a

make the environments we create cleaner, greener, safer,

creatively designed and activated public space, enabling

and appealing for all.

people to connect and share experiences in new ways. From The Plaza at CITYCENTRE to The Green at Century

BO SANFORD C h i e f R i s k O ff i c e r


Featured Project CENTURY SQUARE C E N T U R Y- S Q U A R E . C O M


Midway is committed to leadership in sustainability and corporate responsibility in our operations, our developments, and in our social and community relationships. This commitment aligns with our purpose of creating enduring investments and remarkable places that enrich people’s lives. If anything, our purpose is limited if we fail to reach for ESG excellence with our investment executions, operations, and relationships.


ESG FRAMEWORK + GOALS

E N V I R O N M E N TA L

Seekingtoobtain10%greenbuilding Providing streamlined waste certificationcoveragefortheexisting management services that allow and new portfolio e-cientwasteremovaland recycling methods Transitioning towards renewable electricity, where procured by the Endeavoring to build energylandlord e-cientbuildingsthatreduce utility consumption costs for our Obtaining, managing, and monitoring tenants and residents landlord-procured utility data (including energy, water, and waste) Reducing the exposure of building occupants and Utilizing smart meters wherever maintenance personnel to feasible to enhance data quality and potentially hazardous chemical, automation biological and particulate contaminants, which adversely a-ectairquality,human health,buildingfinishes, building systems, and the environment E N V I RO N M E N TA L

G OV E R N A N C E

SOCIAL


PA S S I O N Passion is the fuel that drives us forward. A passionate group of people working toward common goals, we can accomplish the unthinkable.

SOCIAL

GOVERNANCE

Contributing to local communities by developing and activating our unique placemaking developments

Activelyprogrammingover50+events annually at our developments on behalf of our tenants and patrons

Advancing transparency and ethical behavior by operating on an “open-book” basis with our industry partners, tenants, and lenders Utilizing rigorous systemic risk management

Generousgivingtolocalnot-for-profits Believing that actions and inactions with our time, talents, and funds have consequences and diligently generated from our investments and seeking understanding of those for the Midway Foundation all stakeholders

Enabling our Team Members to support not-for-profitswith12paiddayso-per year for charitable work

Actively serving as leaders in local a-airsandorganizationsthrough memberships, board positions, and community involvement

Enhancing our tenants’ brands by providing greater visibility through connectivity throughout our developments Supporting our Team Members by striving to provide a best-in-class workplace

Publishing and maintaining our core values and turning away opportunities where we sense misalignment with our ethical standards Vigilantly surveying the physical condition of our properties for the safety of our patrons, residents, guests, tenants, and employees Supporting our Team Members by striving to provide a best-in-class workplace


DISTINCTIVE DEVELOPMENT INITIATIVE S U S TA I N A B I L I T Y

Choosingurbaninfilland redevelopment of existing infrastructure

Preserving as many heritage trees and existing green space as possible

Committing to re-purpose existing structures whenever feasible

Incorporating low water and low maintenance native/adaptive landscapingandreflective materials

UtilizingLEDfixtureswhere feasible

Implementing automated building system controls as often as possible (utilizing software and/or daylight/ movement/CO2sensors)

Using ENERGYSTAR® appliances to reduce electrical load and water usage

Digitizing property signage and brochures to reduce paper and print material waste

Conducting thermal massing and solar path exercises

Utilizing shade devices on buildings

Embracing nature within greenscape and outdoor connections from buildings

Partnering with best-in-class health and fitnessoperators

Maximizing natural light within interior spaces

WELLNESS

Conducting site analyses to determine existing bike paths, bus routes, walking paths etc. and how best to connect, embrace and promote this with building and site design

Providing bike racks and easy bicycle access points in/out of building

Advancing wellness through userfriendly stairs and providing showers for bikers/runners


I N I T I AT I V E We strive to make a difference, regardless of obstacles and resources.

Throughout the Midway portfolio of developments, our teams map all heritage trees during site analyses and maximize all attempts to design buildings around large trees or groupings of trees for shade, heat reduction, and wildlife benefit.

Featured Project EAST RIVER E A S T R I V E R H T X . C O M


QUALITY

T R E E C O N S E R VAT I O N E F F O R T S

STAYING TRUE TO OUR COMMITMENTS QUALITY

We believe quality is the end result of our high intentions, sincere effort, intelligent direction, and skillful execution; it represents the wise choice of many alternatives.

1,000+ ™ ¡’ ™ ™

$5 M+ ™ ¡’ ™ ™

A

300+


275K

SF

+

¡’ ™ ™

C

B D E

Featured Project GREENSPACE A

EAST RIVER

B

L E V Y PA R K

C

CENTURY SQUARE

D

CITYCENTRE

E

K I N G S H A R B O R


A BETTER WAY OF LIVING AND WORKING

Three Midway Assets Receive Fitwel® Certifications in 2021 In201,Midwaycelebratedtheachievement

Fitwel®ViralResponseCertification

of three Fitwel® designations for GreenStreet,

forits15-storyo-cebuilding,

Jones on Main, and CITYCENTRE Five.

CITYCENTRE Five, demonstrating its commitment to enhancing

In201,MidwayandLionstoneannounced

indoor environments and protecting

the Fitwel®certificationofGreenStreetand

occupants from airborne pathogens

JonesonMain,thefirstmulti-tenantproperty—notsolelyCOVID-19,butother inHoustontoreceiveFitwel’sdesignations viruses,includingthefluand and the second overall in Texas. Jones on

common cold.

Main, the historic landmark building located in downtownHoustonisacombinationofmodern workspaces and innovative retail. GreenStreet is four city blocks in the heart of Downtown Houston.GreenStreetcelebratesachanging roster of local makers and artisans, heralded cuisine, live music, hometown heroes and world champions, in a vibrant urban setting. Midway also announced that it has achieved

Fitwel® is a rigorous, healthy building

certificationsystemoperatedbytheCente for Active Design (CfAD) that sets the industry standard for strategies to promote positive health outcomes for building occupants and communities.


96 98 A

C

Featured Project FITWEL®

B

98 100

A

GREENSTREET

B

CITYCENTRE FIVE

C

JONES ON MAIN


WATER CONSERVATION + WATER QUALITY

East River has incorporated certain low impact development features in the design of its infrastructure to help address storm water quality and quantity issues.

At East River 9 golf course, a permit is in process with the city and state to use water fromBu-aloBayoutoirrigate the greens and landscaping throughout the course.


Featured Project EAST RIVER E A S T R I V E R H T X . C O M


PARTNERSHIPS + PROGRAMS

Key industry partnerships and programs complement Midway’s long-term commitment to measure, assess, benchmark, and reduce the impacts of our buildings and operations.

E N E R G Y S TA R Midway is proud to be collaborating with the U.S. Environmental Protection Agency’s (EPA) ENERGY STAR division as we work toward reducing the environmental impact of our portfolio.

U.S. GREEN BUILDING COUNCIL Midway aims to align our properties with the sustainability best practices outlined in USGB’s LEED® rating system, the world’s most widely green building rating system. LEED® provides a framework forhighlye-cient,healthy,cost-savinggreenbuildings.

FITWEL®

Fitwel® isarigorous,healthybuildingcertificationsystemopera by the Center for Active Design (CfAD) that sets the industry standard for strategies to promote positive health outcomes for building occupants and communities.

URBAN LAND INSTITUTE (ULI) ULI’s Greenprint Center for Building Performance provides Midway with various sustainability resources, the knowledge of the greater real estate community, and access to Measurabl’s sustainability data tracking tool.


374 WAT E R ° 374WATER°isaUS-basedcleantech,socialimpactcompany whose mission is to preserve a clean and healthy environment thatsustainslife.Wearepioneeringaneweraofsustainable waste management that supports a circular economy and enables organizations to achieve their sustainability goals.

W E L L B U I L D I N G S TA N D A R D ™ TheWELLBuildingStandard™version2(WELLv2™)isavehicle for buildings and organizations to deliver more thoughtful and intentional spaces that enhance human health and well-being.

WIREDSCORE AWiredScorecertifiedbuildingisonethatensuresaquality end-user experience at all stages of the building life cycle: from inception through to daily use.

BUILDING OWNERS AND MANAGERS A S S O C I AT I O N I N T E R N AT I O N A L TheBOMA360PerformanceProgramsetsthestandardworldwide for operational best practices in the commercial real estate industry. For building owners and managers who want to help their properties stand out from the crowd, there is no clearer mark of excellence thanachievingtheBOMA360designation.


INTEGRITY

INTEGRITY-DRIVEN PERFORMANCE

Authenticity and transparency are central to our conduct; we say what we mean and honor our word.

LEED ® BD+ C LEED ® ND WiredScore WELL WELL Community National Green Building Standard (NGBS)

LEED ® Silver Single stream recycling for office and retail Electricity usage and efficiency tracking through My Resource Advisor (Schneider Electric) 1 0 Electric vehicle charging stations on property


Fitwel ® Single stream recycling for office and retail Bractlet (Energy consumption for electricity) ENERGY STAR ® Houston BCycle Electric Vehicle Stations

Fitwel ® WiredScore Gold ENERGY STAR ® Pursuing LEED ® Certification Electric Vehicle Stations


ACEScAg / holarsip Al / Park gie Am / Fredom Dfnig lace As Heart icn sociatn Av / CD enu CGi & Boys / Cl rls Gr of ub Gi and Boys / Houstn ear Co rls Breakwy / untry / Bu-alo Bayou Partnership / Camp Aranzazu / Casa de Esperanza / Child Advocates / Covenat Hous / Dres fo Suces Houtn / Al For l Mankid Ministre / Gracewod,

12

Inc. / Greatr Housn Partehip / Halo use Fondati / Houstn Livestock Show & Rodeo / Houstn Maritme Museum / Houstn Parks Board / Humble ISD Education Foundati/JHRanch/JimyPapsMemorialShot/MDAndersonCancerCenter/ MeAs morial sitanceMinistre,Inc./MemorialHenFudt/OneGoal/Refuge Ri / Foundati Al Design c Ri / liance Ru / Universty c Cr mel El ek Sa / emntary lvation

ArARC my SEARCH / Sp / Sp ring St / Basebl irt St / ages Mi Hope f ar St / sion Cr oney ek Foundati / Susan G. Komen fr the Cure / Texas A&M Foundati / Texas Chsildren’ HospitalFundTh / eCenterFoudaiTh / eLeukemia&LymphoaSocietyTh / e

™¡ ¡

1,500

+

MethodistHospitalFoundationThe / Dream.USU/ ofHUnited / AgainstHumanTra-cking / estW Houn Assitance Ministre / orkW Faith Conectio lws/Ac Y ademy / YMCAGr of Li oung Y/Houstnear 12 /fe Ma th ACE /Foundati ScAg /holarsip gie Park / Alliance Defndig Fredom / American Heart Associatn / Avenu CDC / Boys

Girls Club of Greater Houston / Boys and Girls Country / Breakaway / Bu-alo Bayou

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Partnership / CampAranzazu / Casa de Esperanza / ChildAdvocates / Covenant House

/ Dres for Suces Houstn / For All Mankid Ministre / Gracewod, Inc. / Greatr Houstn Partneship / Halo House Foundati / Houstn Livestock Show & Rodeo / Houstn Maritme Museum / Houstn Park Bod / Humble ISD Education Fd / JH Ranch / Jimy Paps Memorial Shot / MD Anderson Cancer Center / Memorial AsMi sitance Innistre, Me / c. On / Foundati Herm oial eGRe / oal Foundati fge / Rice Design Alliance / Rice Universty / Rumel Crek Elemntary / Salvation Army

+ 12,500

ARC / SEARCH / Spring Spirt Basebl / Stages / Star of Hpe Mision / Stoney Crek Foundati / Susan G. Komen fr the Cure / Texas A&M Foundati / Texas Chsildren’ HospitalFundTh / eCenterFoudaiTh / eLeukemia&LymphoaSocietyTh / e

MethodistHospitalFoundationThe / Dream.USU/ ofHUnited / AgainstHumanTra-cking / estW Houn Assitance Ministre / orkW Faith Conectio lws/Ac Y ademy / YMCAGr of Li oung Y/Houstnear 12 /fe Ma th ACE /Foundati ScAg /holarsip gie Park / Alliance Defndig Fredom / American Heart Associatn / Avenu CDC / Boys Girls Club of Greater Houston / Boys and Girls Country / Breakaway / Bu-alo Bayou


GENEROSITY

CULTIVATING GENEROSITY IN THE COMMUNITY

Paidvolunteerdaysareo-ered1dayper month/12daysperyeartoprovideTeam Members time to give back to the community.

Our talents were not given to us solely for our own benefit and success but also to enable us to give back and make a positive impact in the lives of people in the communities where we live and work.

Generosity is how we live our mission.

TheMidwayFoundationcontributesfinancially tosupportHouston-areacharities.Team

Memberspersonallydonatingtonon-profits that they are passionate about may request that the Midway Foundation match their contribution to such organizations.


“Giving back and investing in the community is part of the company culture they have built and believe in.” lauren levicki courville ™



“Giving back to the community is something that is really important to me , and it’s really incredible to be able to work in a place where your company shares in your value of generosity.” drew talavera ¡™ |


2003

The Midway Foundation was formed in 20 3 with the mission of empowering Midway Team Members to become leaders in the markets

¡™ ™ ™

where we operate by serving the underprivileged, supporting education, improving health, and strengthening our communities.

$13 M+

This mission has guided us to some of the most humbling and gratifying projects in our ™

communities. Recently, Midway helped raise the capital and, along with The Morgan Group, developed Halo House’s new $13 million facility

+™ ¡

providing complimentary services. This new facility will provide a true home away from home to blood cancer patients during their treatment

$6 M+

times at the Texas Medical Center. Since its inception, the Midway Foundation has

™ +

contributed over $6 million to local and national ¢ organizations that support health, education, arts, civic, and the underprivileged.


COMMUNITY PARTNERSHIPS

Midway serves a wide array of civic, charitable, and industry organizations. Midwayhasenteredintoseveralhighprofilepublic private partnerships in recent years including Levy Park, which received the ULI Global Open Space Awardin2019.Midwayenteredintotwo,9-year ground leases with proceeds ensuring the park is

¡™ maintainedindependentoftheCityofHouston.This ™ wasatypeoftransactiontheCityofHoustonand theHoustonParksandRecreationDepartmenthad never entered with a private developer. Additionally,Midwayisdeveloping150acresinthe HistoricFifthWardofHoustonandwhencomplete, isexpectedtoincludeover8,0jobsinthe development. In keeping with its mission statement and core values, Midway is also providing support for various community organizations through boardlevel participation and sponsorship of events.

8,000+ ™


S A M P L E S O F O R G A N I Z AT I O N S M I D WAY T E A M M E M B E R S C U R R E N T LY S E R V E I N L E A D E R S H I P R O L E S :

Astrodome Conservancy Avenue CDC Commercial Real Estate Women(CREW)

FifthWardCommunity Redevelopment Corporation FifthWardTRZ(TRZ18)

National Multifamily GreaterHoustonPartnership HousingCouncil

CentralHouston,Inc.

HaloHouse

Dress for Success Houston

HoustonDowntown Management District

East End District

HoustonExponential(HX)

East River Municipal Management District (HCID#23) Energy Corridor District

Memorial City Redevelopment Authority (TIRZ17)

National Association ofIndustrialandO-ce Properties (NAIOP) ScenicHouston

Texas A&M Real Estate HoustonRegionBusiness Council (TAMU RE) Coalition UniversityofHouston International Council of Shopping Centers (ICSC) Urban Land Institute Yellowstone Academy


Teamwork Better Together


TEAM DEVELOPMENT

PERFORMANCE MANAGEMENT

All Team Members participate actively in their career development by completing a mid-year check-in and an endoftheyear360performancereview.Theideaofa holistic review is to receive feedback from those who have directly collaborated during the year to provide a variety of perspectives. Each Team Lead then works with Team Operations to complete an annual succession plan for their team and our future leaders.

RECRUITMENT

Midway’s objective is to find and hire future talen with diverse experience and education backgrounds. We have partnered with local and statewide

universities and organizations such as the Houst Area Consortium of Career Centers to cast a wide net of recruitment to continue to add dynamic talent to our team.

TEAMWORK When we succeed together, without worrying about who gets credit, we succeed with humility.

A D A P TA B I L I T Y We instinctively look at the world with open eyes and anticipate change. This gives us the resolve to differentiate ourselves from the commonly accepted formula.


MIDWAY CULTURE

Midway prides itself in providing industry leading benefits packages to its Team Members. PROVE MPRESS is Midway’s new Tenant Relations

MPROVE is Midway’s monthly continuing

Program.Itisatrackingandidentification

education training and classes for Team

program to support and celebrate tenant

Members. These classes allow a deeper

triumphs and recognize those struggling with

dive into SOPs, processes, new platform

focus on our three program areas: Recognize,

development initiatives, and other topics. Lessons

Assist, Maintain.

are interactive and provide an environment to engage, collaborate, ask questions, and troubleshoot issues.

Property Operations Resource

Midway developed a curriculum solely based on

PORCH—‘

Hospitality,whichweuse educate to our valued

Center Hub’ is Midway’s Property Operations

vendor partners and teams. This educational

TeamDashboard(intranet).PORCHcontains

class covers the company’s purpose & values,

standard operating procedures (SOPs), property

vision, operational excellence, teamwork, and

forms, training, team recognition, team building/

customer experience. This aids in building deeper

engagement, and cross-property collaboration.

relationships with our partners and increases the overall pride and commitment to our teams.


Team Members can recognize any other

Midway Moves is a wellness program for

Team Member by awarding them a

Team Members who want to maintain an

“Bugsy Buck” named after our founder,

active and healthy lifestyle. Team Members

James “Bugsy” Moran, for exhibiting the

who elect to enroll in the program will

Midway Characteristics (Integrity, Passion,

receive a monthly subsidy if they commit to

Adaptability, Quality, Initiative, Teamwork,

achieving the monthly activity benchmarks.

Urgency, and Generosity).

JH Ranch is a life-changing, faith-based, MidwayU is an internal course program

week-long adventure for Team Members

designed to educate and challenge

and their children. Based on their child’s

Midway Team Members on all aspects of

age, Team Members are sent to participate

ourbusiness,suchasfinancialanalysis,

in this program, with airfare and tuition

property management, development,

paid. Find out more about the experience

leasing, and more. MidwayU is designed to

at jhranch.com.

be completed within two years.

5 Years of Service is a milestone within Volunteer Days areo-eredonepaidday

5

Midway’sculture.WerecognizeTeam

permonth(or12daysperyear)toprovide

Members at each company meeting and

Team Members time to give back to non-

present them with a gift of their choice.

profitstheyarepassionateabout.The MidwayFoundationcontributesfinancially tosupportHouston-areacharities. 10 Years of Service is a huge milestone 10

withinMidway’sculture.Werecognizea Team Member’s dedication and time to

Midway Matching Program Team Members donation made to a charity of your choice. The Midway Foundation will matchupto$50annually.Theminimum incrementis$10percharity.

creating a successful organization.


M I D W A Y. T E A M

MADE WITH THE ENVIRONMENT IN MIND 10%post-consumer-wastefiberpaper

DESIGNED BY


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