THE WOODLANDS – Brookfield Properties has started planning a $100 million expansion of The Woodlands Mall after receiving township approval.
The expansion will include two hotels with 30,000 sf of conference space, 80,000 sf of retail space, and a 1,200-spot parking garage.
The bulk of the development will be on an existing parking area and two retail sites, the former of which will be demolished.
Incentives include a 1 percent economic development zone sales tax and 1 percent hotel occupancy tax.
Plans will be finalized in 2024 with groundbreaking set for 2025.
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Source: Houston Chronicle