Business
Waste Connections US, Inc. Expands Lease at 3 Waterway Square® in The Woodlands®
THE WOODLANDS, TX – The Howard Hughes Corporation® (NYSE HHC) has announced Waste Connections US, Inc. has renewed and expanded its lease at 3 Waterway Square® in The Woodlands® for a total of 116,817 square feet of Class A office space.
Spanning five-and-one-half floors, the lease at 3 Waterway Square exemplifies the leasing momentum that continues throughout The Woodlands, with a low vacancy rate at nearly half the level being experienced in Houston’s central business district.
“The Woodlands was fortunate to have Waste Connections relocate to our community over a decade ago, and it has been exciting to help accommodate their continued growth and expansion,” said Jim Carman, President, Houston Region for The Howard Hughes Corporation. “The Woodlands is a vibrant community that offers an exceptional quality of life combined with world-class amenities that continue to make it a popular, appealing choice for companies like Waste Connections.”
Waste Connections was an early example of corporate relocation from California to The Woodlands that would become the “flight to quality” trend which has seen over 130 companies relocate to Texas from California since 2020 alone, according to Texas Standard™. Waste Connections joins companies including Obagi, SmartDraw, Nurix, and Cellipoint who have selected to move to The Woodlands to pursue opportunities for successful, sustainable growth.
“Over 12 years ago, Waste Connections relocated our then corporate headquarters, now our principal administrative offices, to The Woodlands. This relocation was motivated by the desire to strategically place our company in a business-driven environment that would provide easy access to business travel, first-class recruitment talent, and a community where our employees and their families would thrive,” reflected Ron Mittelstaedt, Chief Executive Officer and President of Waste Connections. “This is exactly what The Woodlands has provided for our company and our corporate employees. We look forward to continuing our partnership with The Howard Hughes Corporation and remaining an active and engaged member of this community.”
Waste Connections is an integrated solid waste services company that provides non-hazardous waste collection, transfer and disposal services, along with resource recovery primarily through recycling and renewable fuels generation. It serves more than eight million residential, commercial and industrial customers in mostly exclusive and secondary markets across 43 states in the U.S. and six provinces in Canada. Waste Connections also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the U.S., as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest. The renewal and expansion add 21,174 square feet to its existing lease.
3 Waterway Square is an 11-story, Class A office building situated in The Woodlands Waterway Square District. Located in the heart of The Woodlands Town Center, 3 Waterway Square provides an urban walkable setting with easy access to the award-winning The Woodlands Waterway®, a 1.8-mile linear park. The Woodlands Waterway is ideal for recreation with pedestrian access to restaurants, retail, outdoor art, and entertainment including The Cynthia Woods Mitchell Pavilion—ranked by Pollstar as the #2 Best Outdoor Amphitheater in the World for tickets sold in 2022.
Waste Connections US, Inc. was represented by Jason Whittington with Partners. The Howard Hughes Corporation was represented by Robert S. Parsley, Norman V. Munoz and Jillian Fredericks with Colliers.
About The Woodlands®
The Woodlands, a 28,500-acre award-winning master planned community located 27 miles north of downtown Houston, was recognized two consecutive years, 2022 and 2021, as the #1 Best Community to Live in America by Niche. The Woodlands offers an unprecedented 28% of green space, leading the way among master planned communities that practice environmental preservation. It is home to 120,000 people, and nearly 64,000 people work in the community. The Woodlands has received numerous past accolades including the Vision Award, Development of Distinction from the Urban Land Institute; three-time honoree of “Master Planned Community of the Year,” four-time recipient of “Humanitarian of the Year” and “Trailblazer of the Year” in 2018 by the Greater Houston Builders Association; American Trails Developer Award; Environmental Planning Award from the American Society of Landscape Architects, Texas Chapter Houston Section. The Woodlands is a community of The Howard Hughes Corporation®, which supports over 180 local causes in the Houston region through its HHCares program. For additional details, find us on Facebook, Twitter, and Instagram. The Woodlands is a community of The Howard Hughes Corporation, which supports over 180 local causes in the Houston region through its HHCares program. For more information, visit thewoodlands.com. For additional details, find us on Facebook and Twitter.
About The Howard Hughes Corporation®
The Howard Hughes Corporation 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: the Seaport in New York City; Downtown Columbia®, Maryland; The Woodlands®, The Woodlands Hills®, and Bridgeland® in the Greater Houston, Texas area; Summerlin®, Las Vegas; Ward Village® in Honolulu, Hawaiʻi; and Douglas Ranch in Phoenix. The Howard Hughes Corporation’s 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. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC. For additional information visit www.howardhughes.com.
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