The Woodlands Mall in Woodlands, Texas will undergo a $100 million expansion, adding two hotels and additional retail space. The Woodlands Township and the Economic Development Zone, approved an agreement with The Woodlands Mall Associates LLC, which grants a portion of sales and hotel occupancy tax revenues from the expansion to the owner of the mall, Brookfield Properties. The development area is a 15-acre site adjacent to Macy’s on the southwest corner of the mall, which is currently used as a parking lot. The plan is to build an open-air, mixed-use commercial center with at least 80,000 square feet of retail space, a 200-room full-service hotel, a 125-room select-service hotel, a multilevel parking garage with at least 1,200 spots as well as surface parking and other improvements. The new hotels will be branded as either Hyatt, Marriott or Hiltons. The first phase includes 45,000 square feet of retail space and one or potentially both of the hotels. The agreement requires Phase 1 to be completed by the end of 2028 and Phase 2 by the end of 2033. Ted Harris is the general manager at the Woodlands Mall.
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