HOUSTON—Woodbine Development Corp. and InterMountain Management (IMM) recently finalized the purchase of nearly three acres in Springwoods Village from CDC Houston to develop a second hotel in the master-planned community, about 20 miles north of downtown.

Construction on the Courtyard by Marriott hotel began June 1 and the property is scheduled to open in the second quarter of 2016.

Situated on Holzwarth Road just south of a Residence Inn by Marriott—slated to open in September 2015—the Courtyard by Marriott will serve the ExxonMobil campus, Southwestern Energy headquarters, CHI St. Luke's medical campus and other employers in the North Houston area.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.