The Woodlands Edition | January 2024

Community

BY SHAHERYAR KHAN

In The Woodlands, several real estate ventures underway by developer Howard Hughes and partners in 2024 include new upscale housing options and spaces available for business or personal purchase. • Aria Isle offers 25 custom homes planned and starting at $3 million. • The Ritz-Carlton Residences boasts 111 living spaces overlooking Lake Woodlands. • 1 Riva Row features a 13-story multifamily structure offering penthouses and townhomes. • XSpace, a joint venture between Howard Hughes and XSpace Group, will offer customizable flexible spaces for purchase for personal storage or commercial use. Luxury real estate projects underway

What they’re saying

Some context

These projects in The Woodlands are underway, with several expecting completion in 2025:

As single-family residential development in The Woodlands is built out, the new projects focus on luxury multifamily residences and upscale amenities, Howard Hughes o‡cials said. “The Woodlands continues to attract innovative companies that are seeking to provide unique oŠerings to our community,” said Jim Carman, president of the Houston region for Howard Hughes. Amid new construction, however, some residents in The Woodlands have voiced concerns such as dust pollution and noise disturbances emanating from the Riva Row construction site. Chris Nunes, chief operations o‡cer for The Woodlands Township, spoke to the township board on Nov. 29, regarding complaints. Nunes clari“ed the board’s limited regulatory in•uence over commercial development to the township’s residents. “It doesn’t mean that this board doesn’t care about their concerns,” Nunes said. “It’s just a matter of what we have the ability to impact with the lack of regulatory ability of commercial development in this area speci“cally.”

1 Aria Isle • Update: Announced in late 2021 • Timeline: TBD 2 Ritz-Carlton Residences • Update: Architectural plans unveiled in November • Timeline: TBD 3 1 Riva Row • Update: Groundbreaking occurred in late August • Timeline: Projected completion planned for fourth quarter of 2025 4 XSpace The Woodlands • Update: Expected to break ground in 2024 • Timeline: Projected opening planned for 2025

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LAKE WOODLANDS

Construction is underway on a multifamily building at 1 Riva Row.

The following stories are based on trends Community Impact staŠ identi“ed through monthly Impacts section reporting in 2023.

VANESSA HOLT‘COMMUNITY IMPACT

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THE WOODLANDS EDITION

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