Jun 26 at 10:49am

The Woodlands Hills, Houston’s Newest Master Planned Community

by The Woodlands

THE WOODLANDS, TX – (June 26, 2017) – The Howard Hughes Corporation® (NYSE:HHC) and its wholly-owned subsidiary, The Woodlands® Development Company, are proud to announce today the development of The Woodlands Hills, a new 2,000-acre master planned community located in Conroe and Willis, 13 miles north of The Woodlands. In keeping with tradition, The Woodlands Hills embraces the natural heritage of The Woodlands and the connectivity of nearby Bridgeland®, the award-winning Texas developments that help comprise The Howard Hughes Corporation’s preeminent portfolio of master planned communities around the country.

The Woodlands Hills is located on FM 830 on the west side of I-45, with property boundary extending north to FM 1097 and south to League Line Road. Providing easy access to I-45, the Grand Parkway and the Hardy Toll Road, The Woodlands Hills is in close proximity to Lake Conroe and is south of the Sam Houston National Forest and will feature both residential and retail development.

"We are pleased to introduce The Woodlands Hills as our newest master planned community. Located in close proximity to The Woodlands, The Woodlands Hills will feature gently rolling terrain for its natural amenities and acres of green space, as well as for its convenience to The Woodlands,” said Tim Welbes, Co-President of The Woodlands Development Company. "We plan to develop The Woodlands Hills with the same high standards and commitment to environmental preservation that have continued to make The Woodlands and Bridgeland two of the best-selling communities in the nation, with a wide variety of housing options and extensive outdoor recreation.”

Plans call for more than 4,500 residences with the first single-family homes expected to open in the first quarter of 2018. The forested community will be highlighted by 112 acres of open space, 20 neighborhood parks along with a 17-acre Village Park. An amenity center with event space and a fitness facility will highlight the recreation opportunities in The Woodlands Hills. The community will also include an extensive amount of trails for hiking and biking, in addition to dedicated bike lanes along the major collectors.

"The mission of The Woodlands Hills is to create an enriched sense of community through the new homes and open spaces we will develop, and to create a lifestyle which is planted and grown from day one, where new beginnings are shaped by a culture that is crafted and nurtured hand in hand,” said Heath Melton, Vice President, Master Planned Communities, Residential for The Woodlands Development Company. "Simply stated, the essence of The Woodlands Hill is one of wholesomeness, based on our holistic vision for a community where everyone is a neighbor, everyone belongs and everyone grows together.”

Children residing in the new development will attend Willis ISD schools. Both Robert P. Brabham Middle School and William Lloyd Meador Elementary School are located off FM 830 and border the property.  Willis High School is in close proximity to The Woodlands Hills.

"At The Howard Hughes Corporation, we are dedicated to cultivating communities designed to stand the test of time,” said David R. Weinreb, CEO of The Howard Hughes Corporation. "Whether it be a large master planned community, an urban district or a single building, we take a long-term approach to creating a memorable experience and authentic sense of place for local residents, office workers, and the broader region. Our communities today span more than 80,000 acres, house over 342,000 residents and support more than 160,000 jobs. We are proud to add The Woodland Hills to our portfolio and are committed to helping its community thrive.”

About The Woodlands Hills 
The Woodlands Hills is an approximately 2,000-acre master planned community, situated 13 miles north of The Woodlands®. The Woodlands Hills is located on FM 830 on the west side of I-45 with property boundary extending north to FM 1097 and south to League Line Road. The Woodlands Hills will provide easy access to I-45, the Grand Parkway and the Hardy Toll Road. The development is in close proximity to Lake Conroe and is south of the Sam Houston National Forest. The Woodlands Hills is a wholly-owned subsidiary of The Howard Hughes Corporation®, managed by The Woodlands Development Company. The Woodlands Hills is the third master planned community in Texas from The Howard Hughes Corporation and is the sister community to the award-winning developments, The Woodlands and Bridgeland®, two of the top-selling master planned communities in Texas. For more information, visit TheWoodlandsHills.com.

About The Howard Hughes Corporation® 
The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. Our properties include master planned communities, operating properties, development opportunities and other unique assets spanning 14 states from New York to Hawai‘i. The Howard Hughes Corporation has major offices in New York, Columbia, MD, Dallas, Houston, Las Vegas and Honolulu. For additional information about HHC, visit www.howardhughes.com.

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Statements made in this news release that are not historical facts, including statements accompanied by words such as "will,” "believe,” "expect,” "enables,” "realize,” "plan,” "intend,” "assume,” "transform,” and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ materially are set forth as risk factors in The Howard Hughes Corporation’s filings with the Securities and Exchange Commission, including its Quarterly and Annual Reports. The Howard Hughes Corporation cautions you not to place undue reliance on the forward-looking statements contained in this release. The Howard Hughes Corporation does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.

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