The Howard Hughes Corporation® (NYSE:HHC) announced that Alight Solutions, a leader in technology-enabled health, wealth and Human Capital Management (HCM) solutions, has signed a 180,000-square-foot build-to-suit lease for a new building within The Woodlands®, the top-selling 28,000-acre master planned community located north of Downtown Houston. Alight’s new four-story, Class-A office space is being developed by The Howard Hughes Corporation within The Woodlands’ Research Forest.
Alight will relocate a short distance from its current office off Lake Woodlands in The Woodlands. With a 25-year operating history, Alight serves more than 3,000 organizations of all sizes, including nearly half of the Fortune 500, helping their 23 million employees and their families manage their health, wealth and human resource needs.
“The Woodlands has an unmatched environment, and this is the latest example of how the community continues to appeal to a wide range of corporate users and their employees as one of the best places place to live, work and discover,” said David R. Weinreb, CEO of The Howard Hughes Corporation.
“The relocation of Alight Solutions provides us with an ideal opportunity to recognize what a great business environment we have in Montgomery County and The Woodlands, as we custom build Class-A office space tailored to a company’s specific needs,” said Paul Layne, President of the Central Region for The Howard Hughes Corporation.
In addition to providing more office space, the company’s new location will feature a forest preserve, walking trails and a newly enhanced pond. The site will also include a two-story garage and surface parking area to serve employees and visitors.
“We are thrilled to have found a great new location, suited to the unique needs of our clients and our people,” said Chris Payne, Executive Vice President and Location Leader for The Woodlands, Alight. “Our new long-term lease agreement will allow us to continue our commitment to the thriving community in The Woodlands.”
The new building will be located along New Trails Drive within Research Forest, a corridor of technology-driven businesses in The Woodlands. The site provides easy access to all of The Woodlands’ amenities such as Hughes Landing®, Market Street, The Woodlands Mall, The Westin at The Woodlands and The Woodlands Waterway Marriott Hotel and Convention Center, and I-45 is less than a five-minute drive away.
Completion is expected by spring 2020. Ronnie Deyo and David Bale of JLL represented Alight Solutions while Robert Parsley, Norm Munoz and Jillian Fredericks of Colliers International represented The Howard Hughes Corporation.