The Woodlands Towers at The Waterway, MD Anderson Cancer Center Win HBJ Landmark Awards

By: Lorrie Parise
| Published 09/29/2020

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THE WOODLANDS, TX -- The Howard Hughes Corporation® (NYSE: HHC) has been recognized for The Woodlands® Towers at The Waterway as Best Project Lease from the Houston Business Journal’s 2020 Landmark Awards. The University of Texas MD Anderson Cancer Center The Woodlands was recognized as Best Medical at the Landmark Awards. The Landmark Awards recognize outstanding real estate projects in the Houston area. Alight Solutions was a finalist in the Project Lease category while the master planned community, The Woodlands Hills®, was finalist for Residential Development.

“We are honored to be awarded the prestigious Landmark Awards and recognized as finalists from the Houston Business Journal,” said Jim Carman, President, Houston Region for The Howard Hughes Corporation. “We are committed to innovative and unique developments in all of our master planned communities in Houston including The Woodlands, Bridgeland and The Woodlands Hills. We would like to thank our customers MD Anderson, Alight Solutions, Occidental and our residents in The Woodlands Hills for their trust in The Howard Hughes Corporation. We also applaud the hard work of our talented team of design and construction professionals who brought these projects to life.”

Recently rebranded The Woodlands Towers at The Waterway, The Howard Hughes Corporation acquired from Occidental two, class AAA towers, totaling 1.4 million square feet of premium office space in The Woodlands Town Center. In turn, Occidental agreed to lease back from Howard Hughes 100% of the approximately 808,000-square-foot tower at 1201 Lake Robbins. With office space available for lease, the second tower at 9950 Woodloch Forest Drive houses Western Midstream Partners, LP and will be home to Howard Hughes’ corporate headquarters set to relocate to the building later this year. CBRE represented Occidental. The Howard Hughes Corporation is represented by Colliers International.

“Occidental had many relocation options following their acquisition of Anadarko, including locations in Houston. Our team at Howard Hughes worked tirelessly to keep Occidental here in The Woodlands. The Landmark Award for Project Lease is truly a team accomplishment,” stated Carman.

The University of Texas MD Anderson Cancer Center The Woodlands was a 208,000-square-foot, build-to-suit project of The Howard Hughes Corporation. The University of Texas MD Anderson Cancer Center acquired the facility in the first quarter of 2020 as part of The Howard Hughes Corporation’s commitment to monetizing non-core assets with a concentration into its core master planned communities.

Alight Solutions, a leader in technology-enabled health, wealth and Human Capital Management solutions, relocated from its Lake Woodlands location to the Research Forest area in The Woodlands. The Howard Hughes Corporation developed and leased a build-to-suit, four-story Class A office building for Alight Solutions with a successful 13-month completion. JLL represented Alight, while Colliers International represented The Howard Hughes Corporation.

The Woodlands Hills is a master planned community, located in Conroe and Willis, just 13 miles north of The Woodlands® and joins The Woodlands and Bridgeland® in the Greater Houston area portfolio of The Howard Hughes Corporation. Set within a gently rolling terrain, The Woodlands Hills is the first curated-from-scratch master planned community of The Howard Hughes Corporation.

The Houston Business Journal, a Houston publication featuring local business news, hosted the Landmark Awards virtually on September 24, 2020 to an audience of industry leaders.

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