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CarCharging and Related Companies Deploy Electric Vehicle Charging Services at LEED Gold Certified Mixed-Use Property in Chicago

MIAMI BEACH, Fla., May 29, 2014 /PRNewswire/ — Car Charging Group, Inc. (OTCQB: CCGI) (“CarCharging”), the largest owner, operator, and provider of electric vehicle (EV) charging services, announced that through its relationship with Related Companies (“Related”), a prominent and privately owned real estate firm, EV charging services are now available at Related’s 500 Lake Shore Drive in Chicago. Developed by the Chicago office of Related, Related Midwest, 500 Lake Shore Drive is a LEED Gold certified, 47-story glass tower that brought 500 ultra-luxury apartment residences to Chicago’s vibrant Streeterville neighborhood when it opened in May 2013.

The EV charging services are part of a thoughtfully conceived suite of amenities at 500 Lake Shore Drive, which also features hotel-level service offerings, designer interior finishes and expansive views of the city and Lake Michigan from every residence. The building’s 30,000-square-foot amenity space includes a club room, screening room and entertainment suite, a resident-only Equinox fitness center and a landscaped roof terrace with an outdoor pool, sundeck, private cabanas, grills, and a fire pit. The property has a Zipcar facility on site as well as a resident-only bike share program, and is near local attractions, dining, and entertainment.

“In major metropolitan areas like Chicago, having public EV charging services available is vital for EV drivers,” said Michael D. Farkas, Chief Executive Officer of CarCharging. “Given its prime location and residential profile, 500 Lake Shore Drive is a prime location for EV charging.”
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