Luxury hotel to open on Waterway Square in 2015

DALLAS/THE WOODLANDS, Texas – The Howard Hughes Corporation (NYSE:HHC) and its wholly-owned subsidiary, The Woodlands Development Company, will soon break ground for a new full-service hotel at Waterway Square overlooking The Woodlands Waterway®. In addition to 303 luxurious guest rooms and suites and 24,000 square feet of meeting and special event space, the hotel will feature a fine dining restaurant and second level pool deck and bar with direct access to The Fountains at Waterway Square®. The new hotel – designed for business travelers coming to The Woodlands Town Center and local residents seeking an ideal spot for a staycation – also includes a pedestrian bridge spanning The Waterway and the addition of a performance stage at Waterway Square.

“There is a tremendous need for additional first class hotel rooms in The Woodlands with over 20 million people visiting The Woodlands Town Center each year,” said Paul Layne, Executive Vice President of Master Planned Communities for The Howard Hughes Corporation. “A hotel of this caliber will attract both business and leisure travelers into the heart of The Waterway Square District within walking distance to hundreds of businesses, shops and restaurants as well as major entertainment venues such as The Cynthia Woods Mitchell Pavilion.”

The entire project is expected to be completed in mid-2015.