THE WOODLANDS DEVELOPMENT COMPANY BREAKS GROUND FOR CREEKSIDE VILLAGE GREEN

Creekside Park Village CenterThe Woodlands Development Company, a wholly-owned subsidiary of The Howard Hughes Corporation (NYSE:HHC), has begun construction of Creekside Village Green, the centerpiece for the highly-anticipated Creekside Park Village Center in The Woodlands. The Village Green will encompass a scenic tree-lined park with a water feature surrounded by a lawn and pergolas for shade. A 4,500-square-foot restaurant will anchor the west end of the park and two 40,000 square-foot split level retail/office buildings will flank the north and south sides.

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Two Hughes Landing Topped Out

Two Hughes Landing Topped OutOffice development is progressing rapidly at Hughes Landing on Lake Woodlands.  One Hughes Landing is 96% leased and Two Hughes Landing, a 197,000-square-foot, Class A building was recently topped out.  Leasing is underway.  The building is designed to be LEED Silver Certified, and is within walking distance to the planned Whole Foods Market® and other retail and restaurants at Hughes Landing’s Restaurant Row.

In the photo, executives from The Woodlands Development Company commemorate the topping out.  From left to right: Mitch Gruberg, Director of Building Development; Paul Layne, Executive Vice President of Master Planned Communities; Alex Sutton, Co-President; and Peter Doyle, Executive Vice President of Development.

EXXONMOBIL SIGNS ON AT HUGHES LANDING ON LAKE WOODLANDS

EM Come to The Woodlands - exterior renderingThe Howard Hughes Corporation® (NYSE: HHC) and its wholly-owned subsidiary, The Woodlands Development Company (TWDC), today announced that Exxon Mobil Corporation (ExxonMobil) has signed leases for approximately 478,000 square feet, consisting of an entire office building and a portion of a second office building at Hughes Landing, a 66-acre mixed-use development situated on 200-acre Lake Woodlands. The Woodlands team is developing the two Class A office buildings, each approximately 300,000 square feet, along with an adjacent 13-story, 800,000-square-foot parking garage.

“We are very pleased to welcome ExxonMobil as a tenant in Hughes Landing, only a short distance from their new campus,” said Paul Layne, Executive Vice President of Master Planned Communities for The Howard Hughes Corporation. “Their offices in Hughes Landing are ideally situated, only steps away from all that Hughes Landing has to offer, providing their employees a one-of-a-kind setting where they can work in a vibrant lakeside community.”

Hughes Landing on Lake Woodlands is planned to include up to 11 Class A office buildings, shopping, dining and entertainment, a Whole Foods Market®, an upscale hotel, state-of-the-art fitness center and up to 800 multi-family residences. The first office building, One Hughes Landing, was completed and almost fully leased in only 10 months. Given the strong demand, construction and leasing is already underway for Two Hughes Landing, with a spring opening planned. Leasing is also well underway for Restaurant Row in Hughes Landing, where a wide selection of culinary establishments is planned. Escalante’s Fine Tex-Mex & Tequila and Whiskey Cake Kitchen & Bar have signed leases and will soon begin construction.

The buildings are being designed to LEED Certified specifications by Kirksey Architects of Houston. The general contractor is Harvey Builders. Occupancy is anticipated during the first half of 2016.

EM Comes to The Woodlands - view rendering

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THE WOODLANDS DEVELOPMENT COMPANY, HELPINGAHERO.ORG PROGRAM AND OTHERS BREAK GROUND ON NEW HOME FOR WOUNDED VETERAN

Helping a HeroThe HelpingaHero.org Foundation, a wounded hero home program; The Woodlands Development Company (TWDC), a wholly-owned subsidiary of The Howard Hughes Corporation® (NYSE: HHC); Chesmar Homes and Woodforest National Bank recently broke ground on a new home for U.S. Army Major Will Lyles (Ret.).

The new 2,800-square-foot home will be built by Chesmar Homes on a new home site, donated by The Woodlands Development Company, in the neighborhood of Almondell in The Woodlands’ May Valley. The one-story home will feature four bedrooms and three baths and is fully handicap accessible. The home is expected to be complete in May 2014.

In 2010 during a fire fight, Lyles stepped on a pressure plate IED, leaving him a bilateral amputee above the knees.  He has earned three Bronze Stars and two Purple Hearts.  Currently, he is working towards a degree in medicine.

HelpingaHero.org is a 501(c)(3) non-profit organization which provides support and resources for military personnel severely injured in the war on terror. The organization helps build specially adapted homes for wounded heroes and their families. HelpingaHero.org is the second largest national organization of its kind.

Photo Caption

Executives from HelpingaHero.org, The Woodlands Development Company (TWDC), Chesmar Homes and Woodforest National Bank break ground on a new home for U.S. Army Major Will Lyles (Ret.), who was left a double amputee during combat.  Pictured from left to right are Scott Merovitch, Chesmar Homes Houston Division President; Tim Welbes, Co-President of TWDC; SrA Brandon Byers, USAF (Ret.), Executive Director of HelpingaHero.org;  General Tommy Franks, USA (Ret.); Major Will Lyles (Ret.); Kim Marling, Executive Director and Vice President of Woodforest National Bank Foundation; and Meredith Iler, National Chairman and Founder of the HelpingaHero.org Home Program.

A look inside one of Houston’s most luxe neighborhoods

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Story courtesy of Houston Business Journal

By Shaina Zucker

A shrouded neighborhood within the Woodlands has become a place over the years where local executives and ex-athletes can find solace from prying eyes.

The luxurious neighborhood of Carlton Woods sits 7 miles west of the Woodlands Mall and, for the last 11 years, has beckoned some of the area’s top oil and gas executives and most prestigious names.

Multimillion-dollar homes sit along the manicured golf course and circle the famed Club at Carlton Woods, which ranges in membership fees from $10,000 to $110,000, depending on the classification.

From a tree high above the 18th hole in the Nicklaus Course, a bald eagle’s nest overlooks the neighborhood’s private man-made lake.

I took a golf cart ride with Paul Layne, executive vice president of master planned communities for the Howard Hughes Corp. (NYSE: HHC), who said the area represents a sampling of the Woodlands office market.

Read my recent conversation with him on the state of development the Woodlands.

“A lot of these owners are self-made entrepreneurs or people who have retired from business,” he said.

The most expensive house currently on the market in the neighborhood is a 30,000-square-foot, French-style home for $19 million.

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THE HOWARD HUGHES CORPORATION RECOGNIZED AS A TOP WORK PLACE IN HOUSTON

Hughes Landing OverviewThe Woodlands, and the entire Houston area, is abuzz with the Howard Hughes Corporation’s development of Hughes Landing on Lake Woodlands, a 66-acre mixed-use development. Situated at the heart of The Woodlands, Hughes Landing is the #1 master-planned community in Texas.

Well, as if the hype surrounding this massive undertaking wasn’t enough, today, The Howard Hughes Corporation (NYSE: HHC) announced that its Houston division, which includes The Woodlands and The Woodlands Resort & Conference Center, placed 33rd  in the ‘large companies’ category of the Houston Chronicle’s Top Workplaces list.

Houston’s Top Workplaces recognizes outstanding local businesses based on employee surveys that measure qualities like company leadership, career opportunities, workplace flexibility, compensation and benefits.

“Ranking among the top workplaces in Houston is truly a testament to   the exceptional team at The Howard Hughes Corporation,” said Paul   Layne, Executive Vice President of Master Planned Communities. “We   are very pleased with the recognition and will continue striving to be an   employer of choice for our team members.”

With nearly 742 employees in Houston, The Howard Hughes   Corporation owns, manages and develops two of the largest and most   acclaimed communities in the area – The Woodlands and Bridgeland –   both listed as top-selling master planned communities in not only Texas, but the nation. Within The Woodlands, Carlton Woods offers luxurious, custom homes in a private golf community and The Woodlands Resort & Conference Center provides guests resort-style amenities, well-appointed accommodations and high-tech conference facilities.

The Howard Hughes Corporation was established in 2010 and recently celebrated its third anniversary – making it the youngest of the organizations listed within the ‘large’ category.