Jan 30, 2023
$100M The Woodlands Mall expansion gets greenlight
THE WOODLANDS – Brookfield Properties has started planning a $100 million expansion of The Woodlands Mall after receiving township approval. The expansion will include two hotels with 30,000 sf of conference space, 80,000 sf...
THE WOODLANDS – Brookfield Properties has started planning a $100 million expansion of The Woodlands Mall after receiving township approval.
The expansion will include two hotels with 30,000 sf of conference space, 80,000 sf of retail space, and a 1,200-spot parking garage.
The bulk of the development will be on an existing parking area and two retail sites, the former of which will be demolished.
Incentives include a 1 percent economic development zone sales tax and 1 percent hotel occupancy tax.
Plans will be finalized in 2024 with groundbreaking set for 2025.
Get more Houston-area office news on the Texas Real Estate Research Center’s website:
- Houston mixed-use news
- Texas Quarterly Commercial Report
- Local retail and hotel news
Source: Houston Chronicle
Did you like this NewsTalk?
You might also like
PUBLISHED SINCE 1977
TG Magazine
Check out the latest issue of our flagship publication.