THE WOODLANDS - Dallas-based Woodbine has unveiled plans for the first of four hotels it plans to build near the Exxon Mobil Corp. campus near I-45 and the Hardy Toll Rd.
Woodbine Development Corp. has purchased a 3.25-acre site with Louisiana-based InterMountain Management to develop an extended-stay hotel in the CDC Houston’s master-planned, mixed-use Springwoods Village community.
The 128-room Residence Inn is expected to open in summer 2015 and will serve Exxon’s 385-acre campus, Southwestern Energy Co.’s new headquarters and other employers in the area.
“The new Exxon Mobil campus will bring over 100,000 hotel room nights to the Woodlands area,” said PKF Consulting USA’s Randy McCaslin. “There is definitely a need for more hotel rooms.”
The Residence Inn is the first of three select-service hotels Woodbine plans to develop in Springwoods Village. It also plans to develop a full-service hotel in Springwoods Village’s Town Center.
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