Howard Hughes Celebrates Groundbreaking of The Ritz-Carlton Residences, The Woodlands
Howard Hughes Holdings Inc. (NYSE: HHH) has broken ground on The Ritz-Carlton Residences, The Woodlands, a luxury condominium project in Texas. Located 27 miles north of Downtown Houston, the development has seen unprecedented sales momentum with 69% of homes pre-sold. The project, designed by Robert A.M. Stern Architects, is situated on the last large-scale residential site on Lake Woodlands.
The development features approximately 15,000 square feet of indoor wellness experiences and three acres of outdoor amenities, including 1,200 feet of private lakefront shoreline. As the first stand-alone Ritz-Carlton condominiums in Texas, it aims to set a new standard for luxury living in the region. The project's sales success has surpassed expectations, with prices per square foot reaching unprecedented levels in the Houston market.
Howard Hughes Holdings Inc. (NYSE: HHH) ha dato il via ai lavori per The Ritz-Carlton Residences, The Woodlands, un progetto di condomini di lusso in Texas. Situato a 27 miglia a nord di Downtown Houston, lo sviluppo ha visto un slancio di vendite senza precedenti con il 69% delle abitazioni già vendute. Il progetto, progettato da Robert A.M. Stern Architects, è situato nell'ultimo grande sito residenziale a Lake Woodlands.
Il complesso offre circa 15.000 piedi quadrati di esperienze benessere interne e tre acri di servizi all'aperto, tra cui 1.200 piedi di spiaggia privata sul lago. Essendo i primi condomini stand-alone Ritz-Carlton in Texas, mira a stabilire un nuovo standard per il lusso abitativo nella regione. Il successo delle vendite del progetto ha superato le aspettative, con i prezzi per piede quadrato che hanno raggiunto livelli senza precedenti nel mercato di Houston.
Howard Hughes Holdings Inc. (NYSE: HHH) ha comenzado la construcción de The Ritz-Carlton Residences, The Woodlands, un proyecto de condominios de lujo en Texas. Ubicado a 27 millas al norte del centro de Houston, el desarrollo ha experimentado un impulso de ventas sin precedentes con el 69% de las casas pre-vendidas. El proyecto, diseñado por Robert A.M. Stern Architects, se sitúa en el último gran terreno residencial a orillas del Lake Woodlands.
El desarrollo cuenta con aproximadamente 15,000 pies cuadrados de experiencias de bienestar interiores y tres acres de comodidades al aire libre, incluyendo 1,200 pies de costa privada junto al lago. Siendo los primeros condominios Ritz-Carlton independientes en Texas, pretende establecer un nuevo estándar para la vida de lujo en la región. El éxito de ventas del proyecto ha superado las expectativas, con precios por pie cuadrado alcanzando niveles sin precedentes en el mercado de Houston.
Howard Hughes Holdings Inc. (NYSE: HHH)는 텍사스에 위치한 고급 콘도 프로젝트인 The Ritz-Carlton Residences, The Woodlands의 착공을 발표했습니다. 휴스턴 다운타운에서 북쪽으로 27마일 떨어진 이 개발은 전례 없는 판매 모멘텀을 보여주며 69%의 주택이 사전 판매되었습니다. Robert A.M. Stern Architects가 설계한 이 프로젝트는 Lake Woodlands의 마지막 대규모 주거지에 위치하고 있습니다.
이 개발은 약 15,000 평방피트의 실내 웰빙 경험과 3에이커의 야외 편의시설을 갖추고 있으며, 1,200피트의 개인 해변도 포함됩니다. 텍사스에서 첫 번째 독립형 Ritz-Carlton 콘도로서 지역의 럭셔리 생활에 대한 새로운 기준을 설정하는 것을 목표로 하고 있습니다. 이 프로젝트의 판매 성공은 기대를 초과하였으며, 휴스턴 시장에서 평방피트당 가격이 전례 없는 수준에 도달했습니다.
Howard Hughes Holdings Inc. (NYSE: HHH) a lancé la construction de The Ritz-Carlton Residences, The Woodlands, un projet de condominiums de luxe au Texas. Situé à 27 miles au nord du centre-ville de Houston, le développement a connu un élan de ventes sans précédent avec 69% des logements pré-vendus. Le projet, conçu par Robert A.M. Stern Architects, se trouve sur le dernier grand terrain résidentiel au bord du Lake Woodlands.
Le développement dispose d'environ 15 000 pieds carrés d'expériences de bien-être intérieures et de trois acres d'équipements extérieurs, y compris 1 200 pieds de rivage privé au bord du lac. En tant que premiers condominiums indépendants Ritz-Carlton au Texas, il vise à établir une nouvelle norme pour le luxe résidentiel dans la région. Le succès des ventes du projet a dépassé les attentes, avec des prix par pied carré atteignant des niveaux sans précédent sur le marché de Houston.
Howard Hughes Holdings Inc. (NYSE: HHH) hat mit dem Bau von The Ritz-Carlton Residences, The Woodlands, einem Luxuswohnprojekt in Texas, begonnen. Es befindet sich 27 Meilen nördlich von Downtown Houston und hat eine beispiellose Verkaufsdynamik erlebt, mit 69% der Wohnungen vorverkauft. Das Projekt, entworfen von Robert A.M. Stern Architects, liegt auf dem letzten großflächigen Wohngebiet am Lake Woodlands.
Das Projekt bietet etwa 15.000 Quadratfuß an Innenwelterfahrungen und drei Acres an Außenanlagen, darunter 1.200 Fuß private Uferlinie. Als die ersten eigenständigen Ritz-Carlton condominiums in Texas zielt es darauf ab, einen neuen Standard für luxuriöses Wohnen in der Region zu setzen. Der Verkaufserfolg des Projekts hat die Erwartungen übertroffen, wobei die Preise pro Quadratfuß in Houston beispiellose Höhen erreicht haben.
- None.
- None.
First Stand-Alone Ritz-Carlton Condominiums in Texas Begins Construction Amidst Unprecedented Sales Momentum with
THE WOODLANDS, Texas, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) broke ground yesterday on The Ritz-Carlton Residences, The Woodlands, the new luxury condominium project designed by Robert A.M. Stern Architects in the acclaimed Howard Hughes community of The Woodlands®. Situated on the last available large-scale residential site on Lake Woodlands, The Ritz-Carlton Residences are designed to provide a personalized and intimate residential experience that sets a new standard for luxury living in Texas. Located 27 miles north of Downtown Houston in a community that is consistently ranked one of the best places to live in America, The Ritz-Carlton Residences has experienced unprecedented sales momentum since being announced earlier this year, with
“The Ritz-Carlton Residences, The Woodlands is a first-of-its-kind, ultra-luxury condo development on the shores of Lake Woodlands, and the demand we have seen has been nothing short of incredible as it continues to surpass expectations,” said David O’Reilly, Chief Executive Officer of Howard Hughes. “The project commenced its long-awaited pre-sales in late March and closed that first quarter with more than half of its residences pre-sold at prices per square foot never seen in the Houston market. Since that time, sales have continued at a solid pace and set all-time highs for the region. As we celebrate the 50th anniversary of The Woodlands, we are also creating a vision for the next 50 years—anticipating evolving homebuyer preferences and providing our residents and tenants with the highest quality of life in a community with an unprecedented
The first stand-alone Ritz-Carlton condominiums in Texas, the project exemplifies the signature style of Robert A.M. Stern Architects, reflecting a sophisticated, timeless elegance through its modern classicism and grand proportions, with each residence meticulously designed to resemble a grand Texas estate. Balancing generous spaces with more intimate areas, The Ritz-Carlton Residences, The Woodlands offers an overall country-club atmosphere that spans the project’s eight-acre site. The project features approximately 15,000 square feet of expertly crafted, indoor wellness experiences, complemented by three acres of outdoor amenities including approximately 1,200 feet of lakefront shoreline for the private use and enjoyment of owners.
Private sales appointments are available in the project’s 4,000-square-foot sales gallery located at the company’s headquarters in The Woodlands. Douglas Elliman Development Marketing is the exclusive listing brokerage for the project. For more information or to schedule an appointment, please contact sales.info@theresidencesatthewoodlands.com or visit The Ritz-Carlton Residences, The Woodlands website.
About The Woodlands®
The Woodlands, a 28,500-acre award-winning master planned community located 27 miles north of Downtown Houston, is a vibrant regional business hub and culturally rich community, continually ranked among the best places to live in America. The Woodlands is home to 123,000 people, with nearly 72,000 people working in the community, which offers an unprecedented
About Howard Hughes Holdings Inc.
Howard Hughes Holdings Inc. owns, manages, and develops commercial, residential, and mixed-use real estate throughout the U.S. Its award-winning assets include the country’s preeminent portfolio of master planned communities, as well as operating properties and development opportunities including Downtown Columbia® in Maryland; The Woodlands®, Bridgeland® and The Woodlands Hills® in the Greater Houston, Texas area; Summerlin® in Las Vegas; Ward Village® in Honolulu, Hawaiʻi; and Teravalis™ in the Greater Phoenix, Arizona area. The Howard Hughes portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. Dedicated to innovative placemaking, the company is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. Howard Hughes Holdings Inc. is traded on the New York Stock Exchange as HHH. For additional information visit www.howardhughes.com.
Safe Harbor Statement
Statements made in this press release that are not historical facts, including statements accompanied by words such as “will,” “believe,” “expect,” “enables,” “realize,” “plan,” “intend,” “assume,” “transform” and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ materially are set forth as risk factors in Howard Hughes Holding Inc.’s filings with the Securities and Exchange Commission, including its Quarterly and Annual Reports. Howard Hughes Holdings Inc. cautions you not to place undue reliance on the forward-looking statements contained in this release. Howard Hughes Holdings Inc. does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.
The Ritz-Carlton Residences, The Woodlands are not owned, developed or sold by The Ritz-Carlton Hotel Company, L.L.C. or its affiliates (“Ritz-Carlton”). The Woodlands Land Development Company, L.P., a Texas limited partnership, the Developer of the project, has an agreement with Ritz-Carlton to use The Ritz-Carlton marks under a license from Ritz-Carlton, which has not confirmed the accuracy of any of the statements or representations made herein. The termination of any such agreement may require the removal of the Ritz-Carlton marks and prohibit its use in the future by the project.
Contacts:
Howard Hughes Holdings Inc.
Cristina Carlson, 646-822-6910
Senior Vice President, Head of Corporate Communications
cristina.carlson@howardhughes.com
Investor Relations Contact
Howard Hughes Holdings Inc.
Eric Holcomb, 281-475-2144
Senior Vice President, Investor Relations
eric.holcomb@howardhughes.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/790a0c7e-18e0-410d-a2c0-03078113db62
https://www.globenewswire.com/NewsRoom/AttachmentNg/729b367c-cf05-4e26-977e-3fb66344968f
https://www.globenewswire.com/NewsRoom/AttachmentNg/a226b62d-a5f4-46c0-8864-f6ee5367f748
FAQ
What percentage of homes are pre-sold in The Ritz-Carlton Residences, The Woodlands (HHH)?
When did Howard Hughes Holdings (HHH) break ground on The Ritz-Carlton Residences, The Woodlands?
How much lakefront shoreline does The Ritz-Carlton Residences, The Woodlands (HHH) offer?
Who designed The Ritz-Carlton Residences, The Woodlands project for Howard Hughes Holdings (HHH)?
