Last Sunday’s paper said it again…what we all knew was coming now. see cool pictures here http://www.chron.com/news/slideshow/Exxon-Mobil-039-s-new-campus-60749/photo-5819034.php
In all the great ExxonMobil campus, The Woodlands Howard Hughes, Springwoods Village, the new Grand Parkway news here, there is a tale of polarity – good with the bad, success with the growing pains, so take the hot with the cold. Let’s take a look at a few briefly.
Good for Business – Bad for Traffic- need I say more…I think the term “reverse commute” is now obsolete in these parts,
Good for The Woodlands (and all North Houston) Real Estate Equity and Values – Bad for property taxes on such Properties and Bad (maybe) for vacated Exxon buildings in Greenspoint, Fairfax Virginia, Downtown Houston and other locations.
Good for Houston, The Woodlands, Montgomery County, North Harris County, Spring and Conroe Texas etc- Bad for Fairfax and Exxon Mobil employees content “as is”
Good for Grand Parkway and +/-1600 acres Springwoods Village Development adjacent to – Bad for residents (and other business) who want a little peace and quiet in their backyard.
So the windup is, “it is what it is” – as they say. And Exxon Mobil mega campus and all the surrounding effect – IS what it IS. It’s Huge! full article here http://www.houstonchronicle.com/business/real-estate/article/The-Exxon-Mobil-effect-5197565.php#/0
HALBERDIER Real Estate is developing a few commercial real estate projects around the ExxonMobil impact area- visit THE H REAL ESTATE a HALBERDIER Holdings Company for more details – www.theHrealestate.com
trey – trey@theHrealestate.com – 713-320-9494
21 Waterway, Suite 300
The Woodlands TX 77380