FROM THE GENERAL MANAGER
TheWoodlands area continues to grow
other current trends in our annual Real Estate Edition (see Page ) this month. Education needs to evolve statewide along with this growth. With the signing of House Bill this session, Conroe ISD prepares to handle additional funding and address issues such as mandating full-day pre-K programs. Another legislative item this year named a section of I- aer the late George Mitchell, founder of The Wood- lands, who would have turned in May. Turn to Page to learn how his name lives on through Mitchell’s many passions. Thank you for being a valued reader.
Since I moved here more than years ago, it’s amazing to see the growth in and around The Woodlands area. When I moved to the Village of Alden Bridge in , Research Forest Drive stopped at Alden Bridge, and we had few neighbors on our street. The carousel at The Woodlands Mall was the major attraction, and we went to dances at the Gorilla Hole. Now when you drive around The Woodlands, it is fairly built-out, and new communities are coming alive along the Grand Parkway. Shenandoah is also growing, with multifamily complexes slated for early . We cover these and
PUBLISHERS AND FOUNDERS John and Jennifer Garrett PUBLISHER-HOUSTONMETRO Jason Culpepper GENERAL MANAGER Nicole Preston, npreston@communityimpact.com EDITORIAL EXECUTIVE EDITOR Joe Lanane MANAGING EDITOR Matt Stephens EDITOR Vanessa Holt REPORTERS Andrew Christman, Ben Thompson COPY CHIEF Andy Comer COPY EDITORS Katherine Powell, Kasey Salisbury STAFFWRITERS Marie Leonard, Andy Li, Anna Lotz, Jules Rogers, Eva Vigh, Hannah Zedaker CONTRIBUTINGWRITER Colleen Ferguson ADVERTISING SALES DIRECTOR Tess Coverman ACCOUNT EXECUTIVES Jada Lorio, Crystal Shaffer DESIGN CREATIVE DIRECTOR Derek Sullivan SENIOR ART PRODUCTIONMANAGER Jenny Abrego GRAPHIC DESIGNER Caitlin Whittington STAFF DESIGNERS Breanna Flores, MatthewMills BUSINESS GROUP PUBLISHER Traci Rodriguez CHIEF OPERATINGOFFICER Claire Love ABOUT US John and Jennifer Garrett began Community Impact Newspaper in 2005 in Pflugerville, Texas. The company’s mission is to build communities of informed citizens and thriving businesses through the collaboration of a
Nicole Preston GENERAL MANAGER npreston@communityimpact.com
FEATURED STORIES
ASK THE EDITOR
8 IMPACTS NowOpen, Coming Soon &more 12 TO-DO LIST Local events and things to know 19 DEVELOPMENT UPDATES Updates on construction projects SPECIAL SECTION 2019 REAL ESTATE EDITION 34 MARKET DATA A look at TheWoodlands area 35 DEVELOPMENT New apartment building planned 39 CLOSE-UP Woodson’s Reserve
The th Texas legislative session ended May , and the nal deadline for Gov. Greg Abbot to sign or veto legislation was June . In our cover story this month, we look at House Bill , which has repercussions for Conroe ISD and surrounding schools districts in the form of additional money allocated for students as well as for teacher and other sta raises. The bill is also designed to reduce property taxes, reducing the maintenance and operations tax rate by up to . cents in the next academic year. Meanwhile, Senate Bill passed this year to limit property tax revenue growth to . % more than the previous year in cities, counties and other taxing units. The legislation, signed into law in June, would trigger an election if property tax revenue exceeds that . % threshold. Another measure—House Joint Resolution — which would have provided property tax relief by increasing state sales tax rate, was vetoed by the governor when it reached his desk. Which bills will affect property taxes?
passionate team. CONTACT US 8400 N. SamHouston Parkway W., Ste. 220 Houston, TX 77064 •281-469-6181 communityimpact.com
PRESS RELEASES wdlnews@communityimpact.com SUBSCRIPTIONS communityimpact.com/subscriptions
ADVERTISEWITH US For advertising inquiries, please contact us at wdlads@communityimpact.com.
55 BUSINESS FEATURE Beltway Junior Golf Tour 56 DINING FEATURE Palette Indian Kitchen 69 IMPACT DEALS
Vanessa Holt EDITOR vholt@communityimpact.com
Proudly printed by:
Do you have a question about how local government works or something going on in town? Send it to wdlfeedback@ communityimpact.com.
©2019 Community Impact Newspaper Co. All Rights Reserved. No reproduction of any portion of this issue is allowedwithout written permission from the publisher.
WE’VETEAMEDUPTOBRINGYOUMORE OFTHESTORIESYOUCAREABOUT
We have just seen another sequence in the stock market over the past 9 months where how we behave as investors is much more important than what the market did. Indeed, from late September 2018 until late June 2019 we saw stocks touch new highs, drop 20%, and then touch new highs once again. Investors who behaved poorly sold stocks out of fear in late December, only to see what they just sold go right back up in value. Investors who properly planned were more likely able to act appropriately, keeping their cool in December, and by the end of April saw that their account statements mirrored those from the previous September. Patience, and keeping the focus on your goals instead of market gyrations, is the type of behavior that will lead to reaching those goals and thus achieving investment success. MONTHLYCOMMENTARY For our daily commentary and all disclosures, visit www.chjwealthmanagement.com 10200 Grogan’s Mill Road, Suite 340 • 281-298-2700
5
The Woodlands edition • July 2019
Powered by FlippingBook