
A Florida-based investment company has purchased Montgomery Plaza, a major retail center in Conroe, expanding its footprint in the Greater Houston retail market. The 315,708-square-foot shopping center is the firm’s sixth retail property in the region.
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Target Hospitality Corp. will add another 400 beds to its workforce housing community tied to data center development in The Woodlands, pushing total capacity above 1,000 as demand for artificial intelligence infrastructure accelerates. Target Hospitality Corp. expects the expansion to generate at least $49 million in revenue over two years, with potential growth to 1,500 beds.
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Galveston is positioning itself as more than a Texas cruise port as year-round deployments expand and major cruise lines invest in long-term growth. Tourism officials say advisors can boost revenue by selling the island experience alongside sailings.

A new hospitality study finds The Woodlands needs at least two additional upscale, full-service hotels to meet growing demand for corporate meetings and conventions. Officials say the township has sufficient event space but lacks enough attached or nearby hotel rooms, costing the community hundreds of millions in lost business since 2021.