The company’s core business is commercial real estate development. The company in most cases will act as the developer of raw property, where it will purchase key parcels of real estate to design with top development firms, then contract the top construction companies to build. The company's niche is to purchase the majority of its properties in the Central Business District(CBD), where those properties have been tagged as blighted property that qualifies for new market tax credits and unlimited zoning restrictions. Those cities must be within a 100-mile radius of other large cities of at least one point five million residents. The company will only develop multi-use, and mixed-use projects with emphasis on creating an entertainment destination feel.
EXEMPT, INC. (the “Company”) was formed on June 10, 2005, originally as a North Carolina corporation to engage in Cosmetic Manufacturing of “All-Natural Products”. Since 2007 the company has gone through restructuring to become a commercial real estate developer. As a developer the Company is proposing new commercial real estate projects that will be considered entertainment destination development. The Company as a development consultant will market these developments to designated urban municipalities through a public private partnership. The Company has minimal Cosmetic manufacturing interest but has plans to enter the market through mergers and acquisitions in the future, mainly with interest as owner of the entities commercial real estate.
The Convention market is a major part of North Carolinas economy. Hotel and Convention will be self accomodating.
Housing is major need for urban spall. Residential Mixed Use provide an optimum use for its clients and the community.
The Entertainment Pavilion will be the major draw for downtown destination. It could be considered the anchor for the developments visitors and residents.
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