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PRESS KIT TABLE OF CONTENTS

About Springwoods Village

Current Status of Springwoods Village

Fact Sheet

Executive Biographies

Frequently Asked Questions

Home Builders

Renderings and Photos of Springwoods Village

2014 and 2015 Press Releases

ABOUT SPRINGWOODS VILLAGE

Springwoods Village is a 1,800-acre, mixed-use community 20 miles north of downtown Houston designed

to combine preservation of the existing ecosystem and a walkable, urban environment, with easy access

to jobs, retail, entertainment and nature, while instituting high sustainability standards on all residential

and commercial construction – an approach never before used in master-planned communities located in

and around the Houston area. The community will serve up to 50,000 workers and residents through

diverse housing options and amenities that balance nature and urbanism.

The existing forest and Spring Creek ecosystems are protected and preserved throughout the construction

phase, using best practices in sustainable design and infrastructure. The community is directly connected

through the Springwoods Village Nature Preserve to the Spring Creek Greenway, Houston’s premier

regional greenway system, providing the Springwoods Village community with access to 46 miles of

continuous trails, recreation and natural ecosystems.

The community is a short drive to Bush Intercontinental Airport. Bordering the east side of the property,

I-45 provides convenient access to The Woodlands and downtown Houston. The Grand Parkway, due to

be completed in late 2015, will create a new Springwoods Village interchange on the southern edge of the

community to provide access to destinations west and east of Springwoods Village.

CURRENT STATUS OF SPRINGWOODS VILLAGE

Infrastructure

With the initial road network complete, Springwoods Village opened to the public in spring 2014. CityPlace

infrastructure construction is continuing with additional roads and underground utilities. Streetscapes and

parks are also under way and the community’s initial walking network is expected to be complete by fall

2015. The bridge on Holzwarth Rd along with the expansion of Holzwarth Road to Spring Stuebner Road

are completed, connecting Springwoods Village with FM 2920. Grand Parkway construction will continue

through the end of 2015, with the Grand Parkway frontage roads from Holzwarth Rd to Interstate 45

already opened to traffic in April 2015.

Residential

Phase 1 homebuilders began selling and leasing apartments and homes (The Belvedere - 342-unit

apartment building, Harper Woods - 88 single family homes and townhomes, Audubon Grove - 51 single

family homes) in spring 2014.

The first residents moved into The Belvedere in Springwoods Village, a luxury apartment community in

April 2014, while Harper Woods and Audubon Grove, the single-family subdivisions of Springwoods

Village, welcomed their first residents in the summer of 2014. Currently, more than 200 people are living

in The Belvedere and 50 families in Harper Woods and Audubon Grove. An additional 20 homes are

completed or currently under construction and model homes are open for visitors. By the end of 2015,

the number of residents in all subdivisions could reach 500.

CityPlace

In July 2014, detailed plans for CityPlace were announced. The development will include more than 4

million square feet of office space, 400,000 square feet of retail, a high-end apartment community, dining,

and other entertainment options. Construction on the first building, CityPlace 1, is planned to begin in late

2015. Fein began construction on its second multifamily community in Springwoods Village, The Mark at

CityPlace, in Springwoods Village in July 2015, with completion scheduled for end of 2016. Plans also call

for a full-service hotel, with the groundbreaking expected for Q1 2016 and completion in 2017. Details on

retailers and restaurants in CityPlace will be announced as they become available.

Retail

Construction on The Market at Springwoods Village is expected to start in early 2016. The grocery-

anchored 300,000-square-foot retail project will be located at the northeast corner of Spring Stuebner

and Holzwarth Roads within the community’s urban district. Dallas-based Regency Centers will develop

the project.

Hotels

Marriott Residence Inn hotel on Holzwarth Road between E. Mossy Oaks Road and Springwoods Village

Parkway is nearing completion and is slated to open in September 2015. The developer, Woodbine

Corporation, also started the construction of the Courtyard by Marriott hotel just south of the Residence

Inn in June 2015, with the expected opening in summer of 2016.

Employment

Construction at the Southwestern Energy headquarters was completed in 2014, and approximately 1,500

employees relocated to the new headquarters in December 2014. Moreover, the ExxonMobil campus is

complete, with nearly 10,000 employees currently working in Springwoods Village.

Medical facilities

CHI St. Luke’s Health purchased 23 acres in Springwoods Village and in June 2014 broke ground on its

medical campus. Phase I of the project is expected to be completed by the end of 2015. In the interim,

the Springwoods Village Primary Care Clinic operated by St. Luke’s Medical Group opened in May 2015.

Comprehensive primary care services include non-emergency care; wellness exams for infants, children

and adults; minor skin issue treatment; in-house EKG/lab collection; and more.

Construction of a joint Fire and EMS Station on Springwoods Village Parkway kicked off in October 2014

and should be complete in October 2015. The station will be home to Spring Fire Department and Cypress

Creek EMT and will complement CHI St. Luke’s medical campus.

FACT SHEET

Springwoods Village is a 1,800-acre, mixed-use community 20 miles north of downtown Houston designed

to combine preservation of the existing ecosystem and a walkable, urban environment, with easy access

to jobs, retail, entertainment and nature, while instituting high sustainability standards on all residential

and commercial construction – an approach never before used in master-planned communities located in

and around the Houston area.

At build-out, the community will serve up to 50,000 workers and residents through diverse housing

options and amenities that balance nature, urbanism and diversity.

The community is anchored by the new ExxonMobil campus and Southwestern Energy headquarters and

will feature a medical complex by CHI St. Luke’s Health.

CityPlace, formerly known as Springwoods Village Town Center, is a 60-acre, fully-integrated, mixed use

development with more than four million square feet of Class A office space located above ground floor

retail, a luxury urban multifamily community and a full-service luxury hotel.

Location

Springwoods Village is 20 miles north of downtown Houston at the intersection of I-45, the Hardy Toll

Road and the Grand Parkway (under construction). It is less than 10 miles from Bush Intercontinental

Airport.

Website – www.springwoodsvillage.com

www.cityplacespringwoods.com

Developer – CDC Houston, Inc. (a subsidiary of Coventry Development Corporation, New York)

Home Builders:

Martin Fein Interests: www.belvedereatspringwoods.com and www.themarkcityplace.com

Sullivan Brothers: www.sbbtexas.com

Taylor Morrison: www.taylormorrison.com

Design Partners

Jacobs Engineering: www.jacobs.com

Jones & Carter: www.jonescarter.com

Walter P. Moore: www.walterpmoore.com

Berg-Oliver Associates: www.bergoliver.com

Design Workshop: www.designworkshop.com

The Office of James Burnett: www.ojb.com

Clark Condon Associates: www.clarkcondon.com

DCS Engineering: www.dcs-engineering.com

Cobb, Fendley & Associates: www.cobbfendley.com

Planned Amenities

Springwoods Village offers a wide range of residential product types and price points in small scale

neighborhoods to support community walkability, diversity and to maximize choice for our residents

depending upon their life stage needs, including luxury apartments, urban-style compact housing and

single-family homes with yards. The community will have 4,500 to 5,000 residential units at build-out

accommodating 12,000 to 15,000 residents.

Springwoods Village will be a walkable community with easy access to workplaces, lodging, shopping,

dining, parks and other natural gathering places.

The Springwoods Village Nature Preserve - a 150-acre ecologically-rich nature preserve featuring a forest

habitat, wetlands and a pond all connected to the 46-mile Spring Creek Greenway will contribute to the

beauty of the greenway and offer the Springwoods Village community environmental education,

recreational hard and soft trail access and a boat launch onto Spring Creek for kayaks and canoes.

The new Springwoods Village Parkway Interchange, a planned thoroughfare for the community, will offer

ease of access to the community’s commercial and residential destinations from the Grand Parkway once

the frontage roads are completed in early 2015.

Springwoods Village will also provide recreational facilities and emergency services, with the joint EMT

and Fire station currently underway.

EXECUTIVE BIOGRAPHIES

Keith Simon

Keith is Executive Vice President of CDC Houston, Inc. and the Community Development Director for

Springwoods Village. He previously worked for Design Workshop, Inc. in Denver and Caudill Rowlett Scott

in Houston, where he specialized in community planning projects ranging from 20,000-acre new

developments to 20-acre infill neighborhoods.

Keith also is the Community Development Director for the 3,500 acre RidgeGate community in Lone Tree,

CO. He serves on the boards of numerous improvement districts, residential associations, economic

development agencies and transit management associations. Keith is an honors graduate of Michigan

State University.

Darryl Jones

Darryl has more than 25 years of experience working on a variety of mixed-use projects in the public and

private sectors. He is the development manager for Springwoods Village and RidgeGate, a 3,500 acre

mixed-use master planned community in Lone Tree, CO. He oversees marketing, design review, works

with land buyers on purchase agreements and project entitlements, monitors and maintains timelines

toward land purchase closings and engages in government relations as needed.

Darryl is a certified City Planner by the American Institute of Certified Planners (AICP) and has extensive

experience in real estate development and regulation, urban design, and planning processes. He has

served as Director for the Metro Housing Coalition in Denver and past president of the Home Builders

Association of Metro Denver, and currently serves as chairman of the Lone Tree Chamber of Commerce

board.

Darryl earned his Bachelor of Arts degree in landscape architecture from the University of California at

Berkeley and a master’s degree in city planning from the Massachusetts Institute of Technology.

Leo Denslow

With more than 20 years of experience in the construction and development industry, Leo is the

construction manager for Springwoods Village. He manages all design efforts, coordinates project

agreements with outside agencies and oversees budgets and schedules of partnering contractors.

Leo’s career started in industrial construction, but has evolved into nearly every segment of the

development industry, including single- and multi-family residential, commercial, industrial and mixed-

use. Prior to working with CDC Houston, Inc. he worked with CAS Partners, Trammell Crow Residential,

Corotech and Gallegos.

Leo has a Bachelor of Science in construction management and a Master of Business Administration from

the University of Denver.

Bill Walker

With more than 15 years of experience, Bill Walker is a project manager for Springwoods Village. He assists

the team in the management and coordination of all construction projects for the master-planned

community.

Prior to joining the CDC Houston team, he was a project manager for Talbert and Bright, Inc.; senior

engineer and client service manager for Post, Buckley, Schuh & Jernigan; aviation department manager

for Prime Engineering Inc.; project engineer for IMDC, Inc. and KB Technologies; and a civil engineer for

Argus Consulting and Barge Waggoner Sumner & Cannon, Inc.

Bill earned a Bachelor of Science in civil engineering from the University of Tennessee at Chattanooga.

Clayton Benedict

Clayton Benedict is a project manager for Springwoods Village. In this role, he assists the Springwoods

Village development team in the management and coordination of all construction projects for the

master-planned community.

Prior to joining the CDC Houston team, he specialized in landlord and tenant improvement construction

during his time as a project manager for a third-party asset management company with a portfolio

including well-known projects such as the Houston Center and Wells Fargo Plaza.

Clayton earned a Master of Science in land and real estate development from Texas A&M University.

FREQUENTLY ASKED QUESTIONS

Q. Who is CDC Houston, Inc.?

A. CDC Houston, Inc., is a subsidiary of Coventry Development Corporation of New York and has more

than 45 years of experience creating mixed-use urban communities that foster smart and responsible

growth for commercial and residential vitality.

Q. Who owns Springwoods Village?

A. Springwoods Realty, Inc. (SRI) owns Springwoods Village.

Q. Why did CDC Houston, Inc., decide to build this development now?

A. Houston is one of the most powerful cities for commerce in the United States. Therefore, the

population and resulting commute times continue to grow. Current and future residents of the city

are demanding a newer, greener, smarter way of suburban life where work, family, and nature co-

exist in close proximity rather than via long commutes.

Q. How many homes and what type will be built?

A. A range of homes are already available, with many more planned, from luxury apartment rentals and

urban-style compact housing to single-family dwellings with yards. There will be 4,500 to 5,000

residential units at build-out, with single-family homes’ prices ranging from $100,000s to $1 million.

Q. Who is building residential properties?

A. Taylor Morrison is developing a 51-home Audubon Grove community, Sullivan Brothers Builders are

building 88 single-family homes and townhomes in Harper Woods, and Fein has completed The

Belvedere Springwoods Village multifamily community and has broken ground on its second luxury

rental property – The Mark at CityPlace Springwoods Village, in July 2015.

Q. What is the status of the corporate and residential move-ins?

A. The first ExxonMobil employees moved to the new campus in May 2014. With the construction

completed, approximately 10,000 employees currently work in Springwoods Village. Southwestern

Energy employees have also moved to their new headquarters, with approximately 1,500 employees

working in Springwoods Village since late December 2014.

Springwoods Village welcomed its first residents in May 2014 with the opening of the multifamily

community, The Belvedere. The single-family communities of Audubon Grove and Harper Woods have

seen their first move-ins in late summer 2014. More than 200 apartment residents and more than 50

families now call Springwoods Village home.

Q. What is the current status of CityPlace?

A. The initial office component phase of CityPlace development will include two Class A office buildings

with a combined total of 420,000 square feet of office space for single or multi-tenant users, shopping

and dining. The first building will be delivered in 2017. Some of the retail and restaurant tenants in

CityPlace will be ready for public announcement in 2016, with move-ins by 2017.

Q. How many square feet of office and retail space will be built?

A. Preliminary projections indicate about nine million square feet of commercial space (office, retail,

medical, civic) at build-out.

Q. Which companies/employers and retail (shopping and dining) partners have been secured?

A. We will announce those agreements when they are formalized. The first phase of retail will be located

on the ground levels of The Mark at CityPlace and the two initial Class A office buildings. Additional

retail will be constructed within The Market at Springwoods Village.

Q. What is the current status of the planned medical facilities?

A. In May 2014, CHI St. Luke’s Health purchased 23 acres to develop a medical campus in Springwoods

Village. Phase 1 of CHI St. Luke’s Heath campus which includes 180,000 square feet of emergency

services, diagnostic imaging, ambulatory surgery and a medical office building, is currently under

construction and is expected to be completed in 2015. The overall size, scope and timing of the medical

facilities are still to be determined, depending on the needs of the growing community, but the

project’s long-term master plan includes a 300-bed hospital and more than 600,000 square feet of

medical office space.

Q. Which hotel brands have been secured for development on the property?

A. Woodbine Development and Intermountain Management are developing a Marriott Residence Inn

and a Courtyard by Marriott. Woodbine will develop an additional three hotels in Springwoods Village.

Additional agreements will be announced when they are formalized.

Q. What types of recreation will the development include?

A. Forty-six miles of trails plus recreation facilities including a boat launch and natural ecosystems in the

Spring Creek Greenway will be accessible to the Springwoods Village community and its visitors. In

addition to the 150-acre Springwoods Village Nature Preserve, over 290 acres of publicly accessible

parks with six park corridors will be available. Spring Grove Park will be the primary amenity park for

the community and will include a dog park and walking trails.

Q. What makes Springwoods Village sustainable?

A. Springwoods Village is a mixed-use community designed to combine preservation of the existing

ecosystem and a walkable, urban environment with easy access to jobs, retail, entertainment and

nature, while instituting high sustainability standards on all residential and commercial construction –

an approach never before used in master-planned communities located in and around the Houston

area.

A network of bike paths and walking trails will connect all areas of Springwoods Village with its

neighbors, helping reduce traffic and fostering a sense of community. In addition, all development

within Springwoods Village is required to comply with a rigorous set of design standards aimed at

maximizing energy and resource conservation.

The master plan uses a holistic environmental approach that identifies environmentally sensitive

habitats as well as preserves and enhances open spaces. CDC Houston, in partnership with Trees for

Houston and Clark Condon Associates, has created a comprehensive sustainable landscaping program

for Springwoods Village including a 14-acre tree farm to supplement park and roadway plantings, LED

street lighting, reclaimed water from the Springwoods Village Wastewater Plant for non-potable uses

and native plants and soils to create regenerative landscaping for parks and streetscapes capable of

self-maintenance and low-water consumption.

Q. What is the expected cost of the development?

A. The cost is estimated at $10 billion.

Q. How many jobs will this development create?

A. The local economy will benefit due to job creation. The community is expected to serve a workforce

of 35,000 to 50,000 employees at build-out. Further, continued construction over the next 15 to 20

years is expected to provide tens of thousands of jobs.

Q. How does the 381 agreement between CDC Houston and Harris County Improvement District 18

work?

A. Springwoods Village is owned by Springwoods Realty, with CDC Houston managing and developing the

land on the firm’s behalf. Springwoods Realty will front the cost of infrastructure improvements in the

area, funneling that money through Harris County Improvement District 18. The district is an

independent entity capable of issuing bonds and levying taxes. As the area within the district develops,

those buildings will generate property tax revenue for the county. Under the 381 agreement, the

county will reimburse 65 percent of the new tax revenue each year back to the improvement district.

Springwoods Realty will then be reimbursed through a financing agreement it has with the

improvement district.

HOME BUILDERS

FEIN - THE BELVEDERE

Opened in May 2014, The Belvedere at Springwoods Village is a four-story luxury multifamily community

located just a short walk from the ExxonMobil campus. It occupies just over six acres. The community

has achieved a National Association of Home Builders’ Green “Bronze Level” certification, thanks to

features such as dual-pane low-emissive glass windows, energy efficient AC/heating systems and door

step recycling collection. Residents enjoy convenient access to their cars as the project surrounds a

multi-level cast in place concrete parking garage.

The Belvedere offers a variety of homes, from efficiencies to three-bedroom apartments, and common

amenities such as a two-level clubhouse including fitness facilities with yoga and Pilates studio, library,

conference rooms and game rooms. In addition, residents enjoy a nature inspired courtyard with large

pond, willow trees, and seating areas; a resort style heated pool and spa with poolside cabanas; and a

boardwalk overlooking the adjacent natural wetlands. Interior unit amenities include wood-style flooring,

hard-surface countertops, designer tile backsplashes, custom cabinets, under-cabinet lighting, GE

stainless steel appliances, and full-size washers and dryers.

The community was recently recognized with the 2015 Honor Award by the Houston Apartment

Association.

SULLIVAN BROTHERS BUILDERS - HARPER WOODS

Houston-based Sullivan Brothers Builders (SBB) is building Harper Woods, is a 16-acre community located

in the heart of Springwoods Village that will feature 88 homes - townhomes and small single-family homes

priced from 400,000s to 600,000s for floor plans ranging from 1,600 square feet to 3,000 square feet.

Harper Woods features front porch living at its finest and beautifully blends classic craftsmanship and

architectural details with the modern conveniences including operable exterior shutters, antique brick,

beaded porch ceilings along with efficient LEED Gold certified building practices that feature tankless

water heaters, reclaimed oak flooring and EnergyGuard spray foam insulation.

Harper Woods namesake – Bob Harper – served to protect and manage the timberlands of what is now

Springwoods Village for decades. It was his dedication to the land and its natural beauty that made the

community possible and ensures a lush, natural surrounding will live on while progress abounds.

Construction of homes overlooking Springwoods Village’s future Spring Grove Park and community trails

began in early 2014. More than 25 homes have already been constructed, with more than 20 families

living in the subdivision. Model homes are open to visitors.

TAYLOR MORRISON - AUDUBON GROVE

Taylor Morrison was selected to build Audubon Grove, a secluded collection of 51 single family luxury

homes starting in the high $400s on large lots, nestled in the forest near the Springwoods Village Nature

Preserve, with the ExxonMobil campus located to the northeast and CityPlace to the east.

Every home Taylor Morrison builds within Springwoods Village is LEED certified. Seven floor plans, ranging

from approximately 3,190 square feet to 5,473 square feet, offer plenty of living space, with up to seven

bedrooms and five baths available.

The Maplebrook model home in Springwoods Village is open to visitors daily. The two-story home offers

approximately 5,149 square feet of living space with five bedrooms and 3.5 baths as well as a large family

room, formal living room and dining room.

With more than 100 years in business, Taylor Morrison is currently constructing communities in Arizona,

California, Colorado, Florida, and Texas.

Audubon Grove’s construction began in late 2013, with model homes open since Spring 2014 and close to

30 families now living in the community.

SPRINGWOODS VILLAGE PHOTOS AND RENDERINGS

General Photos (Courtesy of CDC Houston)

Master Plan Fire & EMS Station The Mark at CityPlace The Market at Springwoods Village

CityPlace Renderings (Courtesy of Patrinely Group)

CityPlace 2 CityPlace 2 CityPlace 1 CityPlace 1

CityPlace General View CityPlace General View CityPlace General View CityPlace Mixed Use Map

Residential Development – Harper Woods (Courtesy of Sullivan Brothers Builders)

Red Harper Drive Red Harper Drive Patio Red Harper Drive

Red Harper Drive Harper Woods – Bathroom Harper Woods – Bathroom Harper Woods – Living Area

Harper Woods – Kitchen Harper Woods Living Area Harper Woods – Dining Harper Woods

Residential Development – Audubon Grove (Courtesy of Taylor Morrison)

Audubon Grove Model Audubon Grove Dining Audubon Grove Bath Audubon Grove Patio

Audubon Grove Master Bed Audubon Grove Media Room Audubon Grove Study/Playroom Audubon Grove Sitting Room

Audubon Grove Study Audubon Grove Living Room Audubon Grove Bedroom Audubon Grove Living Area

Residential Development – The Belvedere at Springwoods Village (Courtesy of Fein)

The Belvedere Pool The Belvedere Pool Area The Belvedere Library The Belvedere Fitness Club

The Belvedere Study The Belvedere Bath The Belvedere Master Bed The Belvedere Living Room

The Belvedere Bedroom The Belvedere Living Area The Belvedere Living Room The Belvedere Kitchen

Nature and Recreation (Courtesy of CDC Houston)

Spring Grove Park Spring Grove Park Native Landscaping Native Landscaping

SWV Nature Preserve SWV Trails SWV Nature Preserve Tree Farm

Hotels (Courtesy of Woodbine Development)

Marriott Residence Inn Courtyard by Marriott Marriott Residence Inn

For Springwoods Village logos, additional photos and renderings or higher resolution images please contact: Lauren Varner or Betsy Bartholomew lauren@launchadvertising.com or betsy@launchadvertising.com

2015 PRESS RELEASES*

*additional press releases can be found here

Woodbine and Intermountain Management Break Ground

on a Courtyard by Marriott in Springwoods Village

Master-Planned Community Adds Second Hotel, Grows New Submarket in North Houston

HOUSTON (June 4, 2015) – Woodbine Development Corporation and InterMountain Management

recently finalized the purchase of nearly three acres in Springwoods Village from CDC Houston to develop

the second hotel in the master-planned community. Construction on the Courtyard by Marriott hotel

began on June 1 and the property is scheduled to open in second quarter 2016.

Situated on Holzwarth Road just south of the 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. The hotel is being

developed to meet LEED Certification design and construction criteria and will feature 125 guestrooms,

including suites; 1,200 square feet of meeting space; a spacious 1,000-square-foot fitness center; and

6,300 square feet of outdoor space with a swimming pool, patio, a fire pit and an open lawn as well as The

Bistro – Courtyard by Marriott brand’s signature casual-fast restaurant and a bar.

“We’re pleased to break ground on our second project in Springwoods Village,” said King Scovell,

Woodbine’s vice president of development. “It’s been exciting to be a part of the dynamic growth of this

unique community.”

The new hotel is being co-developed by Woodbine and InterMountain Management (IMM), who will also

manage the hotel, in partnership with USAA Realco. Woodbine, known for its extensive hospitality and

mixed-use projects, is also planning to develop a full-service hotel in CityPlace Springwoods Village. Other

members of the Courtyard by Marriott development team include GH2 Hospitality Architects, Walter P.

Moore, Precision Engineering, DCI Engineers and Clark Contractors.

“With ExxonMobil’s campus and Southwestern Energy’s headquarters now open for business,

Springwoods Village has stimulated a new hotel submarket to serve the expanding employment center in

north Harris County,” said Keith Simon, executive vice president of CDC Houston. “The development of

the Courtyard by Marriott hotel is just the next step in our strategy to provide a range of hotel properties

at different price points, all within walking distance of work centers, dining, retail and recreation facilities.”

Springwoods Village is a $10 billion, 1,800 acre sustainable master-planned community coming to life in

Spring, Texas, just south of The Woodlands and 20 miles north of downtown Houston. Located at the

confluence of I-45, the Hardy Toll Road, and the Grand Parkway, the nature-inspired residential and

commercial community will provide diverse housing options, civic facilities, outdoor recreation and a 60-

acre CityPlace with office space, shopping, dining and lodging in an urban, walkable environment.

Southwestern Energy moved into its new headquarters in Springwoods Village in December 2014 and the

ExxonMobil campus is nearing completion, with thousands of employees already working in the

community. The Belvedere luxury apartments are now complete and the growing Audubon Grove and

Harper Woods residential neighborhoods have welcomed its first residents last year. Additional

developments include: a Marriott Residence Inn, CHI St. Luke’s medical campus, and the joint fire and

EMT station. The first two office buildings in CityPlace and The Mark at CityPlace luxury apartments are

scheduled to break ground in 2015.

Springwoods Village’s New Website Lets Visitors Explore the Community,

Experience Unique Blend of Nature and Urbanism

Houston, March 12, 2015 — CDC Houston, the developer of Springwoods Village, announced today the launch of

a redesigned website for the master-planned community (www.springwoodsvillage.com). The new look and feel

gives visitors a chance to better experience the unique blend of nature and urbanism offered by this new, mixed-

use development, and see the community as it evolves and comes to life.

Updated and easier-to-navigate, the website includes holistic and detailed views of the community’s evolving

master plan. Highlights include new maps and navigation tools that provide easy driving directions; social media

integration; as well as community updates, photos, renderings, and other resources of interest for current and

future residents, businesses, employees, the media and others seeking information about Springwoods Village.

The website also features homebuilder profiles and information regarding residential options in Springwoods

Village, including photography and easy contact links, better views of the commercial and residential districts, as

well as the community’s vast natural assets. Visitors can check out plans for CityPlace, the walkable, bikeable urban

district with prime retail and office space, hotels and residential development to get a glimpse of the very near

future of the community. Details and updates on other developing community amenities, such as the medical

campus, fire and emergency services station, schools and additional retail options are also found on the new site.

“The enhanced website is a one-stop source for our residents and prospects to learn about Springwoods Village,”

said Keith Simon, executive vice president and director of development at CDC Houston. “As the community

continues to grow, it was only natural that the website would also evolve to reflect the current status and plans for

Springwoods Village.”

Springwoods Village is a $10 billion, 1,800 acre sustainable master-planned community coming to life in Spring,

Texas, just south of The Woodlands and 20 miles north of downtown Houston. Located at the confluence of I-45,

the Hardy Toll Road, and the Grand Parkway, the nature-inspired residential and commercial community will

provide diverse housing options, civic facilities, outdoor recreation and a 60-acre CityPlace with office space,

shopping, dining and lodging in an urban, walkable environment.

Southwestern Energy moved recently into its new headquarters in Springwoods Village and the ExxonMobil campus

is nearing completion, with thousands of employees already working in the community. Ongoing developments

include: The Belvedere luxury apartments, the Audubon Grove and Harper Woods residential neighborhoods, a

Marriott Residence Inn, CHI St. Luke’s medical campus, and the joint fire and EMT station. The first two office

buildings in CityPlace and The Mark at CityPlace luxury apartments are scheduled to break ground in the coming

months.

2014 PRESS RELEASES

Plans Announced for CityPlace in Springwoods Village

JLL Selected to Lease Office Space

Houston, June 19, 2014 — A development venture comprising Patrinely Group, CDC Houston and USAA

Real Estate Company, today announced project details for the new CityPlace, formerly known as

Springwoods Village Town Center. The 60 acre fully integrated, mixed use development will provide the

Houston community with a new destination of choice that integrates working, shopping and living, with

over four million square feet of Class A office space located above ground floor retail, a luxury urban

multifamily community, and a full-service luxury hotel.

“CityPlace is an innovative development located at the nexus of Interstate-45, Grand Parkway and the

Hardy Toll Road. We anticipate that the new project will make a lasting mark and will help shape Houston

for future generations,” said Dean Patrinely, managing principal of Patrinely Group, the venture’s

managing general partner. “CDC Houston, USAA Realco and Patrinely Group are committed to making

CityPlace the most accessible, premier 18-hour destination in Houston.”

Designed with a diverse mix of offerings, CityPlace will complement other Springwoods Village

developments including the new 10,000-person ExxonMobil corporate campus, which now has its first

occupants; the 1,500-person Southwestern Energy (SWN) headquarters, which completes in December

2014; and the recently announced CHI St. Luke’s Health medical campus.

The initial office component phase of CityPlace development will include two Class A office buildings with

a combined total of 420,000 square feet of office space for single or multi-tenant users, shopping and

dining. The first office building, a five-story structure, will offer a total of 147,000 square feet with flexible

28,000-square-foot floor plates. The second structure is a 10-story office building will have nearly 295,000

square feet of leasable space and efficient floor plates that total 29,200 square feet.

Designed by Gensler and built by Harvey Builders, both buildings will be located at the eastern end of

CityPlace, near the full service luxury hotel and CityPlace Plaza and lake and park system, just west of I-

45. Each structure will have 9’6” ceilings with floor-to-ceiling glass, private elevated terrace garden areas,

ground floor dining and shopping and an adjacent covered parking structure and will achieve LEED Gold

certification. The first building will be delivered in the fourth quarter of 2015.

Patrinely Group has selected JLL as the exclusive office leasing agent for CityPlace. JLL’s Ronnie Deyo,

Chrissy Wilson and Chris Dekker will lead the leasing and marketing efforts. Transwestern Retail has been

selected as the leasing agent for the retail space in CityPlace. Transwestern’s Nick Hernandez, Chace

Henke and Crystal Allen will lead the retail leasing efforts.

“CityPlace’s location, at the new intersection of I-45, Grand Parkway and the Hardy Toll Road and the

future Grand Parkway, offers unparalleled access for corporations seeking to operate in a highly

accessible, self-contained, state-of-the-art environment that connects nature and urbanism and is only 15

minutes from George Bush Intercontinental Airport,” said Chrissy Wilson, senior vice president of JLL.

In addition to the office, dining and shopping, Martin Fein Interests LTD. will build a 268-unit, Class A

multifamily apartment community within CityPlace. The property will include retail space on the ground

floor. Additionally, Woodbine Development Corporation is developing a full service luxury hotel with

expansive meeting space and amenities that will overlook the CityPlace plaza and the lake and park

system, as well as a Residence Inn by Marriott, located on the western end of CityPlace.

“Patrinely’s extensive development expertise and attention to detail, coupled with USAA Real Estate

Company’s financial sponsorship, and CDC Houston’s well-designed, award winning master plan will

ensure CityPlace Springwoods Village will stand as one of Houston’s premier urban communities,” said

Ronnie Deyo, executive vice president of JLL. “It will offer the best of everything and create a meeting

place that people will be drawn to naturally.”

“CityPlace is the heart and soul of Springwoods Village and an important next step in the growth of the

community and will provide amenities to those already living and working in Springwoods Village,” said

Keith Simon, executive vice president and director of development of CDC Houston.

CDC Houston is the creator of the Springwoods Village community. The company has designed the

development with a new model of sustainability to improve the everyday life of its tenants, residents and

the greater Houston business community. While there are plans to make significant improvements at the

site, there is a dedicated focus on the preservation of the area’s ecosystems and the balance between

nature, urbanism and diversity. Additional ongoing developments in Springwoods Village include: The

Belvedere luxury apartments, the Audubon Grove and Harper Woods residential neighborhoods and a

Marriott Residence Inn, slated to start construction in July 2014.

CHI St. Luke’s Health Plans Major Medical Campus

in Growing Springwoods Village Area

Leading Regional Health Care Provider to Expand Healthcare Delivery in North Houston

HOUSTON, May 9, 2014 – CHI St. Luke’s Health has purchased 23 acres of land at the corner of the new

Grand Parkway and Holzwarth Road in Springwoods Village.

The medical campus will include an ambulatory medical center and medical office building which is

expected to be complete in the late 2015. The facility will provide emergency services, diagnostic imaging

and outpatient surgery to the residents and employee population in Springwoods Village and surrounding

areas.

“Springwoods Village exemplifies sustainable, healthy living – a goal we share – promoting work-life

balance, prevention and community health,” said Debra Sukin, President, CHI St. Luke’s The Woodlands

Hospital and Lakeside Hospital. “St. Luke’s has been providing compassionate healthcare to Southwest

Texas for nearly 60 years, and we have been honored to serve North Houston for more than a decade. We

are excited to continue our strong legacy within the region by expanding our clinical programs, new

models of care and cost-effective treatment options.”

With an initial investment of $110 million, the new campus will include a 55,000-square-foot ambulatory

medical center and a 100,000-square-foot medical office building with space for more than 30 physicians.

Additionally, CHI St. Luke’s is committed to investing as much as $70 million over the next five years for

future developments, including a master plan for future hospital and campus expansion that will enable

the organization to continue to provide high-quality care with the continued growth of Springwoods

Village. CHI St. Luke’s has hospitals in The Woodlands and in The Vintage, a development east of

Springwoods Village. The new facility will be more convenient to an estimated 300,000 individuals living

and moving to the area.

“Integrating healthcare facilities into Springwoods Village is an important part of creating a complete

community,” said Keith Simon, Executive Vice President, Coventry Development Corporation. “CHI St.

Luke’s is the perfect health care partner because of its focus on providing services where people live, work

and play. Springwoods Village will be home to 50,000 employees and residents, so it’s important they

have access to excellent health care delivered right in the community.”

Located 25 miles north of Downtown Houston, Springwoods Village is an 1,800-acre mixed-use community

in north Harris County, and home to the new ExxonMobil corporate campus and Southwestern Energy’s

consolidated headquarters. Designed for sustainability, Springwoods Village will serve a population of up

to 50,000 employees and residents while providing diverse housing options and amenities, such as

shopping, dining, schools, civic facilities and outdoor recreation.

The Springwoods Village facility joins CHI St. Luke’s Health, which recently announced a new alliance

among CHI St. Luke’s Health, Baylor College of Medicine® and Texas Heart® Institute. A significant

expansion of its long-standing educational, clinical and research affiliations, this new collaboration

provides patient access to the best physicians, health care services, and medical technology.

Springwoods Village Receives Environmental Impact Award

from North Houston Association

Mixed-Use Community Is Recognized for Holistic Approach to Sustainable Development

Houston (May 22, 2014) –The North Houston Association yesterday bestowed its prestigious

Environmental Impact Award on Springwoods Village for its holistic, sustainable design. The award

recognizes organizations for their efforts in preserving and protecting the environment in north Houston.

Springwoods Village, located in North Harris County combines preservation of the existing ecosystem;

development of a walkable, urban environment, with access to jobs, retail, entertainment and nature; and

placing high sustainability standards on all home and commercial construction - an approach not seen

before in other master-planned communities located in and around the Houston area.

“Employers, residents and visitors want to work, live and play in attractive, sustainable communities,” said

Keith Simon, executive vice president of CDC Houston, the developer of Springwoods Village. “From the

development of the community plan to the execution of the infrastructure and the requirements we place

on our land buyers and developers, we are making Springwoods Village one of the most sustainable

communities in America. “

The existing forest and Spring Creek ecosystems continue to be protected and preserved during the

construction phases. The community is directly connected through the Springwoods Village Nature

Preserve - a 150-acre ecologically-rich nature preserve featuring a forest habitat, wetlands and a pond -

to the Spring Creek Greenway, a premier regional greenway system, providing access to 33 miles of trails,

recreation and natural ecosystems for the entire community.

Springwoods Village is a $10-billion, 1,800-acre, mixed-use community situated along the west side of

Interstate 45 between Springwoods Village Parkway and the future Grand Parkway. The nature-inspired

residential and commercial community provides diverse housing options, civic facilities, outdoor

recreation and a 60-acre Town Center with office space, shopping, dining and lodging in an urban,

walkable environment.

WOODBINE AND INTERMOUNTAIN MANAGEMENT WILL DEVELOP

RESIDENCE INN IN SPRINGWOODS VILLAGE

Extended Stay Hotel Will Help Establish a New Hotel Submarket in North Houston

HOUSTON (March 12, 2014) – Woodbine Development Corporation and InterMountain Management

(IMM) announced today they have purchased 3.25 acres in Springwoods Village to develop an extended-

stay hotel. The new hotel, a 128-room Residence Inn, is scheduled to open in summer 2015 and is the first

of three select-service hotels Woodbine will develop in Springwoods Village.

Currently in the design phase, Residence Inn will serve the ExxonMobil campus, Southwestern Energy

headquarters and other employers in the area, and will be the third project developed by Woodbine and

IMM since the companies joined forces in 2012. Woodbine, known for its extensive hospitality and mixed-

use projects, also plans to develop a full-service hotel in Springwoods Village’s Town Center.

“Since teaming with IMM two years ago, we’ve discovered incredible synergies for the projects we’ve

taken on together,” said King Scovell, Woodbine’s vice president of development. “We’re glad to be

involved in Springwoods Village’s evolution into a vibrant, mixed-use hub, where these hotels will play an

important role in the community.”

Springwoods Village is a $10-billion, 1,800-acre, mixed-use community situated along the west side of

Interstate 45 between Springwoods Village Parkway and the future Grand Parkway. Designed for

sustainability, the nature-inspired residential and commercial community will provide diverse housing

options, civic facilities, outdoor recreation and a 60-acre Town Center with office space, shopping, dining

and lodging in an urban, walkable environment.

“With several planned hotels, Springwoods Village will help stimulate a new hotel submarket to

accommodate the needs of the rapidly expanding employment center in the north Harris County,” said

Keith Simon, executive vice president of CDC Houston. “The development of Residence Inn is the first step

in our strategy to provide a range of hotel products at different price points within walking distance of

work centers.”

Other members of the Residence Inn development team include GH2 Hospitality Architects of Tulsa;

Walter P Moore Engineers of Tulsa; Precision Engineering of Tulsa and DCI Engineers of Austin.