The Woodlands Corporation was acquired on July 31, 1997, by a partnership between Morgan Stanley and Crescent Real Estate Equities. Schadewald said that local sources stated that the HUD New Town program, a federally funded program, had a "low survival rate" and questioned whether The Woodlands would succeed. Bill Schadewald of the Houston Business Journal said that Mitchell wanted the development to "entice city slickers looking for far-flung suburban quality of life". Houses would range from moderately priced to expensive and large. Mitchell, an oil businessman, planned to establish a conference center, hotels, office parks, retail malls, schools, large distribution centers, and golf courses. Mitchell in 1974 and managed by The Woodlands Corporation as an extension of Mitchell Energy & Development.
#WETTER THE WOODLANDS HOW TO#
Mitchell attended a symposium by the Rouse Company subsidiary American City Corporation and developer of Columbia, Maryland, on how to develop new towns using the HUD Title VII program. The Woodlands was conceived after the oil industry investor George P.
In 1984, construction in the Indian Springs neighborhood near the creek discovered Bidai artifacts. The area that is now The Woodlands was used by the Akokisa and Bidai peoples, who relied on the fresh water of Spring Creek. The community won a Special Award for Excellence in 1994 from the Urban Land Institute and in 2021 & 2022 was rated the #1 "Best City to Live in America" by Niche. Though it began as an exurban development and a bedroom community, it has also attracted corporations and has several corporate campuses, most notably Occidental Petroleum Corporation, Chevron Phillips Chemical, Huntsman Corporation, Woodforest National Bank, Baker Hughes, McKesson Specialty Health, and Halliburton. The Woodlands is located 28 miles (45 km) north of Houston along Interstate 45.
In 2021, The Howard Hughes Corporation estimated the population of The Woodlands was 119,000. Census, the township had a population of 114,436 people. The Woodlands is primarily located in Montgomery County, with portions extending into Harris County. state of Texas in the Houston–The Woodlands–Sugar Land metropolitan statistical area.
The Woodlands is a special-purpose district and census-designated place (CDP) in the U.S.