EOC UPDATE - The Woodlands Vision, Achievement and Economy highlighted in upcoming Economic Outlook Conference, Feb 20 THE WOODLANDS, TEXAS (January 14, 2015) - Business growth in The Woodlands shows no sign of a slowdown as the oil and gas corridor migrates north of Houston to Montgomery County. As 2014 came to a close, commercial real estate builders completed 1.2 million square feet of office space-built on speculation-as job growth in The Woodlands and surrounding areas pushed demand. We continue to see dynamic economic development activity in The Woodlands area, said Gil Staley, CEO of The Woodlands Area Economic Development Partnership. The Woodlands Area Chamber of Commerce will host its 29th-annual Economic Outlook Conference on Feb. 20, 2015 at The Woodlands Waterway Marriott Hotel & Convention Center to explore the impact and effects of growth. Attended by local business leaders and corporate executives, the event will highlight the outlook for the area. Peter Cella, president and CEO of Chevron Phillips Chemical, will deliver the keynote speech. The Woodlands offers something unique to our employees—an opportunity to live, work and play in one community, Cella said. Chevron Phillips Chemical currently has 725 employees employed in The Woodlands. It outgrew its space in Town Center, and plans to expand its location at Research Forest-Lakeside. Americas resurgent shale resource development has provided us an enormous opportunity to grow at a significant pace and generate new jobs, Cella said. The schools, cultural offerings and expanding dining scene in The Woodlands make this an enriching and fun place to live for our employees and their families. Similarly, ExxonMobil announced plans in 2013 to follow up its new campus construction by undertaking the largest construction project in The Woodlands’ new Hughes Landing development. ExxonMobil is building 650,000 square feet of office space in Hughes Landing, planned for completion in 2016, and will lease another 480,000 square feet of space. About 1,500 well-paid employees will fill the new offices. In turn, companies with a local presence are backing the growth of the area from more than just a business perspective. Chevron Phillips Chemical has donated $100,000 to the newly announced Texas Childrens Pediatric Hospital, which will open its doors in 2017. The Woodlands cornerstone of community building is aligned with our core values at Chevron Phillips Chemical, Cella said. We thrive to be good neighbors and support a number of community projects including Habitat for Humanity, Montgomery County Food Bank, Texas Childrens Hospital in The Woodlands, Junior Achievement and United Way of Montgomery County. For more information on the Economic Outlook Conference, visit eoc.woodlandschamber.org. To learn about The Woodlands Area Economic Development Partnership, go to edpartnership.net or visit The Woodlands Area Chamber of Commerce web site at woodlandschamber.org.
Posted on: Thu, 15 Jan 2015 17:17:08 +0000
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