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Conroe officials approved a $10.6 million budget for the city-owned Hyatt Regency Hotel and Convention Center for 2026, but projections show the property will not turn a profit or meet upcoming debt service requirements, raising continued concerns about the city’s financial exposure.
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United Way of Greater Houston has purchased a new 51,900-square-foot building in Conroe, more than doubling its Montgomery County space and positioning critical services closer to communities facing the highest financial hardship.

VGXI, a Conroe-based biotech company that once received tax incentives to expand in Montgomery County, has suspended operations, failed to pay workers and defaulted on a tax abatement agreement totaling $248,000, according to employees and county officials.
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Woody’s Brands, the hospitality group behind Little Woodrow’s, is opening a Woody’s Hideaway in Conroe and a new Little Woodrow’s in Frisco as part of its statewide expansion.
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VGXI Inc., a Conroe-based biotech manufacturer, has defaulted on its 10-year tax abatement deal with Montgomery County after failing to meet job requirements. The company now owes more than $248,000 in property taxes dating back to 2021, county officials confirmed.