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Woodlands Foresees Enhanced Recognition as Commercial Center

HOUSTON-The Woodlands is edging away from its image as strictly a residential community, with more and more commercial enterprises making their way to the 27,000-acre master-planned development. Office and retail development has been particularly brisk in the past year.

By Jack Burney | Updated on January 08, 2001

HOUSTON-It started out as a pristine, wooded spot for upscale homes, and that was the basic image of the Woodlands for many years. But times they are a-changing, and the big change in 2001, according to Michael Richmond, CEO, is the enhanced recognition of the massive development north of Houston as a center for commercial enterprise.

The star of the “business image” development is the 30-story, 800,000-sf international headquarters building being constructed by Anadarko Petroleum Corp. But there are other players boosting the perception of the development as a business center, including the Waterway and the College Corridor.

“We had an outstanding year,” Richmond tells GlobeSt.com, “and we are reasonably optimistic that we have another very successful year ahead of us. I can’t name names but I can tell you that our focus will be on the office, retail and entertainment components of Town Center. We’ll work to expand the Research Forest and continue retail expansion along our College Corridor, which is State Hwy. 242 and I-45 highway frontage.”

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