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BASS PRO SHOPS ´TOPS OFF´ NEW BUILDING

DENVER (July 13, 2005) -- City officials, Forest City Enterprises, Inc. and Bass Pro Shops representatives held a ´topping off´ ceremony today as construction workers placed the final truss in the roof structure of the new Bass Pro Shops Outdoor World in Denver, Colorado. The 180,000-square-foot super outdoor store will anchor NorthField at Stapleton, a 1.2-million-square-foot lifestyle, entertainment, and retail center in Denver. This is the first location in Colorado for Bass Pro Shops. The store is scheduled to open November 10, 2005.

Regarded as part museum, part art gallery, part education, conservation and entertainment center, the Bass Pro Shops retail store in Denver will offer some of the same signature features of other Bass Pro Shops Outdoor World stores. However, as typical in stores in other geographic locations, the Denver Bass Pro Shops Outdoor World will be uniquely designed to pick up the local flavor of the area´s outdoor heritage and include state record fish and wildlife exhibits and historical pictures and artifacts from local hunters and fishermen.

"We are very pleased to have Colorado´s first Bass Pro Shops Outdoor World opening at NorthField at Stapleton," said Emerick Corsi, executive vice president, Forest City Commercial Development. "Our goal is to make NorthField at Stapleton a reflection of Denver´s residents and their many interests, which includes celebrating the great outdoors in style only the way Bass Pro Shops can do."

Bass Pro Shops visitors can shop a huge selection of fishing, hunting, camping and marine items, and visit clothing, gift and footwear departments. The store will also feature the complete line of world-famous Tracker® and Nitro® in an expansive showroom and boat service center.

Recognized for their conservation efforts and outdoor education programs, Bass Pro Shops Outdoor World will staff approximately 250 associates from the Denver area that have a passion for the outdoors so customers will be assured of getting local skilled, knowledgeable assistance with product selections and questions. The store will also offer free Outdoor Skills Workshops for adults, kids and families that will help maximize outdoor fun by teaching new skills and improving existing ones.

Headquartered in Springfield, Missouri, Bass Pro Shops currently has 27 locations in 17 states across the United States and one location in Canada. The stores attract over 75 million visitors a year. For more information on Bass Pro Shops stores, products and events visit their web site www.basspro.com.

Stapleton is a tapestry of homes, shops, offices, parks and schools in a pedestrian-friendly urban community. Since Forest City commenced redevelopment of the former international airport in May 2001, more than 1,500 single family residences are now occupied, nearly two million square feet of retail have opened and three new public schools have been completed within walking distance of more than 100 acres of new parks and open space. When fully completed in ten to fifteen years, Stapleton will have 30,000 residents and thirteen million square feet of new commercial uses supporting 35,000 jobs, all of which will be enhanced by more than 1,100 acres of new parks and open space.

Forest City Enterprises, Inc. is a $7.4 billion NYSE-listed national real estate company. The Company is principally engaged in the ownership, development, acquisition and management of mixed-use projects, retail centers, apartment communities, office buildings and hotels in 19 states and the District of Columbia. For more information, see www.forestcity.net.

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