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New 386-Unit, Eight-Story Multifamily Project Offers Views of Lake Woodlands

THE WOODLANDS, TX – (June 23, 2018) – The Howard Hughes Corporation® (NYSE:HHC) will begin construction on a new, 386-unit, multifamily property in Hughes Landing®, a 66-acre lifestyle destination in The Woodlands®. The new eight-story project is the second multifamily residential building in Hughes Landing, developed by The Howard Hughes Corporation.  One Lakes Edge®, the first multifamily project within Hughes Landing, is 99% occupied.  The new project will include retail and a restaurant on the ground level along Hughes Landing Boulevard.

Located on 200-acre Lake Woodlands, the luxury apartments will feature one, two and three bedroom options. Upscale finishes include quartz countertops, simulated wood flooring, stainless appliances, walk-in closets, 10-foot ceilings and washer and dryers in every home. All units will feature the “Dwello Home Automation Technology”, which allows the tenant to control the door lock, thermostat and lights via smartphone or verbally through Amazon’s voice-controlled, Alexa.

Amenities in the new development include a resort-style pool and outdoor entertainment area, overlooking Lake Woodlands. A sky lounge on the top floor will offer expansive views of the lake and serve as an extended living room and a social gathering place. Wine storage will also be available.

Health and wellness is a major component of this project, providing an expansive fitness center with state-of-the-art equipment, a large yoga room, spilling out to an outdoor fitness lawn. In addition, the property will provide multiple kayaks and bikes free to use by residents.

“The new multifamily homes will be shaped by the natural environment, beauty and activity which surrounds The Woodlands and adjacent lake. Our design concept takes full advantage of the surroundings with views of the lake, nearby shopping and dining, and outdoor recreation, all within a walkable setting,” said Crystal Bledsoe, National Multifamily Asset Manager for The Howard Hughes Corporation. “These luxury apartment homes keep with the Hughes Landing vision of a vibrant waterfront community, an exciting hub where people can truly live, work and discover.”

The expected completion of the project is spring 2020. Preston Partnership is the architect, and Hoar Construction is the construction manager. Hoar Construction also completed the first phase of multifamily, One Lakes Edge, in 2015.

Hughes Landing features retail, dining at Restaurant Row, multiple retailers, an Embassy Suites by Hilton, Lakes Edge Boat House, outdoor art sculptures and entertainment at the band shell, complete with Class A office space.