Copyright Metrostudy, a Hanley Wood Company 2015 | February 26, 2015 | Waking the Sleeping Giant- ULI Luncheon

Waking The Sleeping Giant ULI Luncheon Northeast Houston

February 26, 2015

Copyright Metrostudy, a Hanley Wood Company 2015 | February 26, 2015 | Waking the Sleeping Giant- ULI Luncheon

Waking the Sleeping Giant Northeast Houston Housing Market Share

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16%

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Copyright Metrostudy, a Hanley Wood Company 2015 | February 26, 2015 | Waking the Sleeping Giant- ULI Luncheon

511 Starts 454 VDLs 1,000 Futures $81.26/SF

729 Starts 590 VDLs 6,051 Futures $100.91/SF

578 Starts 675 VDLs 500 Futures $80.67/SF

1.354 Starts 1,957 VDLs 12,892 Futures $97.97/SF

79 Starts 745 VDLs 1,743 Futures $84.54/SF

Porter/New Caney

I-10 East North

Lake Houston West

Lake Houston East

Aldine Westfield

Copyright Metrostudy, a Hanley Wood Company 2015 | February 26, 2015 | Waking the Sleeping Giant- ULI Luncheon

The Groves $115-$140/SF

Bridges on Lake Houston $120-$125/SF

Lakewood Pines $100-$125/SF

Copyright Metrostudy, a Hanley Wood Company 2015 | February 26, 2015 | Waking the Sleeping Giant- ULI Luncheon

Sienna Plantation - $133

Gleannloch Farms $122

Aliana - $126

Woodforest $134

Vintage - $128

Towne Lake- $126

Bridgeland - $135

Cinco Ranch - $139

Firethorne - $123

Cross Creek Ranch - $135

Copyright Metrostudy, a Hanley Wood Company 2015 | February 26, 2015 | Waking the Sleeping Giant- ULI Luncheon

Woodlands (2 yrs)

Bridgeland (20+ yrs)

Cross Creek Ranch (10 yrs)

Towne Lake Cypress Creek Lakes

(3-5 yrs)

Harmony (8 yrs)

Aliana (12 yrs)

Kingland 8,673 ac

Riverstone (2 yrs)

Copyright Metrostudy, a Hanley Wood Company 2015 | February 26, 2015 | Waking the Sleeping Giant- ULI Luncheon

Source: UH Institute for Regional Forecasting, Jan 2015

FORECAST

“Energy in Houston is not just something that happens in an office building on the Katy Freeway.”

• 41.9% of the U.S. base petrochemical manufacturing capacity • 400+ chemical plants • 33,000+ employees (refining & chemicals) • Several thousand miles of product pipeline connecting 200 chemical plants,

refineries, salt domes and fractionation plants • ExxonMobil and Chevron each have $6B plants under construction in

Baytown • $90 billion in proposed shale-related petrochemical plants • $50 billion in proposed LNG plants, construction peaking in 2016-2017 • 1 job in petrochemical manufacturing creates about 2x jobs as 1 job in E&P • Generation Park: 4,000 acres + local HQ for FMC

Copyright Metrostudy, a Hanley Wood Company 2015 | February 26, 2015 | Waking the Sleeping Giant- ULI Luncheon

8

…now you know