Posted Oct 26, 2023, 6:33 PM
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FYHA
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Join Date: Oct 2007
Location: Houston - Wichita, KS
Posts: 3,615
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THE WOODLANDS | Ritz-Carlton Residences The Woodlands | FT | 15 & 12 FLOORS
https://www.bizjournals.com/houston/news...x_testVariant=cx_27&cx_artPos=0#cxrecs_s
Quote:
Howard Hughes to develop Ritz-Carlton-branded condos in The Woodlands
By Florian Martin – Reporter, Houston Business Journal
Oct 16, 2023
The Woodlands is getting a Ritz-Carlton-branded luxury condo development.
The Woodlands Land Development Co., a subsidiary of Howard Hughes Holdings Inc. (NYSE: HHH), is developing The Ritz-Carlton Residences The Woodlands on the last available large-scale residential site on Lake Woodlands.
The 8.6-acre tract is on the southwestern corner of Lake Woodlands Drive and Lake Robbins Drive, just south of Hughes Landing, Howard Hughes Houston region President Jim Carman confirmed. The property’s 2023 market value is more than $11.2 million, according to the Montgomery Central Appraisal District.
“We are pleased to officially announce The Ritz-Carlton as our brand partner for the private residences in The Woodlands, reflecting our enduring commitment to exceptional design and developing unique living experiences unparalleled in Houston’s real estate market,” Carman said in a press release.
Through a public relations agency, Howard Hughes declined to comment beyond the press release, including information on the groundbreaking date and size of the project.
The development will include an on-site restaurant and “a suite of exceptional amenities,” according to the release. Amenities at some other Ritz-Carlton Residences in the United States include 24-hour concierge service, spas and pet amenities.
Howard Hughes picked the Ritz-Carlton brand, which is a subsidiary of Marriott International, for its “proven commitment and loyal following in the worlds of hospitality and branded private residences.”
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Rendering from Press Release / Articles
Additional info from Paco Jones on HAIF
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