Howard Hughes Holdings broke ground on The Ritz-Carlton Residences in The Woodlands. 

The development, designed by Robert A.M. Stern Architects, is the first stand-alone Ritz-Carlton condominium community in Texas and is situated on the last available large-scale residential site on Lake Woodlands. 

It will have approximately 15,000 square feet of indoor wellness amenities, as well as three acres of outdoor amenities, including approximately 1,200 feet of lakefront shoreline. 

Since the project was announced earlier this year, 69% of the homes have pre-sold. Douglas Elliman Development Marketing is the exclusive listing brokerage. 

“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,” Howard Hughes CEO David O’Reilly said in a release. “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 35% of its acreage permanently dedicated to open green space.”