Downtown Quarterly Market Report Q3 2024

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LETTER FROM OUR CEO

Dear Readers,

I am honored to present our latest Quarterly Market Report for Downtown Houston. As we reflect on Q3 2024, we can point towards some achievements in things we can control, such as thrilling events and performances, plus some challenges that we can’t – such as Hurricane Beryl. Still, the Downtown community again proved its ability to face its challenges head on and get back to business.

Aside from the year’s second significant weather emergency, Downtown continues to flourish as a dynamic hub of commerce, culture, and community. Of note, in-office work continues to grow and concluded the quarter at 70.6% growth of 1.5% quarter-over-quarter, and a total increase of 3.6% for the year. Our performing arts community delivered a record-breaking run of Agatha Christie’s And Then There Were None , while the community came together for the fall season of the Market Square Park Farmer’s Market and various 713 Day celebrations. Overnight visits showed strong growth as well, with occupancy up 5.5% year-over-year, and RevPAR up by 8.9% over the same period.

The residential community continued strong growth in the quarter, with total Downtown units now topping 8,000. Total inventory for the burgeoning Downtown neighborhood has grown by 9.1% year-over-year, and an additional 413 units are currently under construction. Average asking rates for residential units in Downtown are $2.41 / SF, a figure which exceeds greater Downtown ($2.10) and the area inside Loop 610 ($1.98).

In this report, you will find a collection of economic indicators for the quarter that demonstrated sustained growth across key sectors, especially residential and hospitality. This growth is a testament to people’s confidence in Downtown as a premier destination for living and leisure. Quarter after quarter, when people have a choice of where to spend time—they are choosing Downtown.

I would like to extend my heartfelt gratitude to each of you—residents, business owners, investors, community partners and more — for your ongoing support and dedication to Downtown. Houston is a community that rallies to support one another during our inevitable ups and downs – and this quarter showed us both – and does so with a resonant anthem of always being better together.

I hope you enjoy this report, and thank you for your unwavering commitment to Downtown Houston.

Best regards,

Q3 2024 HIGHLIGHTS

Despite Hurricane Beryl’s significant winds, flooding, and damage at the start of Q3, Downtown Houston removed over 400,000 pounds of debris from the storm and got back to work.

5.5 %

INCREASE IN HOTEL OCCUPANCY YOY

$2,358

MARKET ASKING MONTHLY RENT (UP 1.2% FROM PREVIOUS YEAR)

Downtown’s housing inventory continues to expand, while also seeing improving rent growth and lower vacancy rates.

70.6 %

Q3 2024 EMPLOYEE RECOVERY COMPARED TO Q3 2019 EMPLOYEE VISITS ARE UP 1.5% QOQ AND 3.6% YOY

8.9 %

INCREASE IN HOTEL REVPAR YOY

8,038

TOTAL UNITS (9.1% INCREASE FROM PREVIOUS YEAR)

11.4 % MARKET VACANCY (DOWN 1.4% FROM PREVIOUS YEAR)

413

UNITS CURRENTLY UNDER CONSTRUCTION

DEVELOPMENT PIPELINE MAP

TOP STORIES OF Q3

RED BULL SHOWRUN REVS UP DOWNTOWN

In September, more than 35,000 people flocked to Discovery Green for the globally-touring Red Bull Showrun. The free event offered a high-octane display of Formula 1 cars and modified rides roaring down Avenida de las Americas, burning rubber and performing donuts and stunts. Houston car culture also shared the spotlight with a parade of low riders and slabs, and local legend Paul Wall as emcee.

1 2 3

713 DAY CELEBRATIONS

As part of the We Heart HOU Music Series, Downtown Houston celebrated 713 Day with an openair concert at Market Square Park, helping to draw the highest visitation of the quarter. Two live bands rocked the stage, while attendees enjoyed sips and bites from 20+ local vendors. Houston artist David Maldonado added flair with a Houston-themed mural, serving as the perfect backdrop for photos and local pride.

Beryl’s last-minute swerve early July 8 lashed Houston with the hurricane’s nasty side. Near 100 mph wind gusts knocked out power to more than 2.2 million homes, schools, and businesses. Restoration crews righted or removed over 170 uprooted trees and hundreds more dangerous limbs. The tonnage of debris removed from Downtown, well over 400,000 pounds, was equivalent to dropping the Statue of Liberty on our city center.

HURRICANE BERYL

DOWNTOWN FINISHES Q3 STRONG WITH OFFICE LEASING

Office tenants snapped up almost 102,000 square feet of space as a September surge closed out Q3. Downtown’s newest trophy tower, Norton Rose Fulbright Tower at 1550 Lamar St., as well as one of its oldest at 708 Main Street inked major leases. Modernized spaces in heritage buildings, like 1100 Louisiana and Heritage Plaza, also found favor. Downtown delivers a centrally located, workplace super-amenitized with entertainment, parks, trails, and Houston’s most diverse array of housing and lifestyle options.

ALLEY THEATRE BREAKS RECORDS WITH AND THEN THERE WERE NONE

Alley Theatre’s production of And Then There Were None made history as the highest-grossing show in Houston’s theater scene. The thrilling adaptation of Agatha Christie’s classic drew recordbreaking crowds throughout its run, solidifying its place as a landmark production. With its captivating performances and edge-of-your-seat suspense, the show’s success highlights the enduring appeal of live theater in Downtown Houston.

THE DOWNTOWN PULSE

Downtown offers something for everyone any day of the week. Even with the high temperatures that come with a Houston summer, Downtown’s Pulse held strong throughout the quarter thanks to destination venues, restaurants, and parks.

Upshot

What Stands Out

• Houstonians cooled off in Downtown’s parks: Longstanding evening programming and events, like Blanket Bingo, ensured residents and visitors had cool and green places to enjoy the outdoors despite the heat.

• Street-level storefronts get a boost: Downtown Houston+ launched the Thrive Storefront Grant program, making two awards to businesses and properties within the first month.

• Bottom line: While the heat may slow daytime activity - public spaces, parks, restaurants, and venues remained lively throughout the summer.

Average Daily Population

Source: Placer.ai

3.8 M

9.6 M VISITS IN Q3 2024 MEDIAN VISITOR’S LENGTH OF STAY

2.5 HOURS

UNIQUE VISITORS IN Q3 2024

Source: Placer.ai

DESPITE THE SUMMER HEAT, DOWNTOWN

STAYED ACTIVATED

Even as summer heat sizzled into October, Downtown Houston kept buzzing with outdoor programs that thrived all season long. Market Square Park hosted sold-out nights of Blanket Bingo—a favorite among locals—while also wrapping up the We Heart HOU Music Series with a lively 713 Day bash and welcoming back local growers and makers at the Market Square

Farmer’s Market. Meanwhile, the Sounds of the City series showcased dozens of local bands all summer long at Trebly Park. Houstonians stayed active with fitness and yoga sessions, then cooled off with outdoor movie nights under the stars—proving that, even on the hottest days, Downtown knows how to keep the summer spirit alive.

GET TO KNOW DOWNTOWN PUBLIC SAFETY GUIDES

For more than 30 years, Downtown Public Safety Guides have made the heart of Houston a welcoming, secure place.

Downtown’s dedicated team of public safety professionals extend hospitality, share tips on happenings and events, and even provide after-hours walking escorts. Armed with radios, not firearms, they team with off-duty Houston Police Department and private SEAL Security to ensure 24/7 coverage and prompt service are always available at one number: 713-223-2003.

DEEP DIVE: REVIVED THRIVE STOREFRONT GRANT PROGRAM MAKES

$70,000 IN AWARDS IN Q3

A vibrant public realm is only possible with a vibrant, diverse street-level storefront economy. The Houston Downtown Management District has revived its decades-long tradition of supporting local businesses and properties with grants.

Learn more & apply

What you should know:

• The new Thrive Storefront Grants program aims to revitalize vacant storefronts and encourage existing businesses and properties to make investments that enhance the adjacent public realm experience, from outdoor cafes to shade and lighting.

• In Q3, the first two grants totaled $70,000 in reimbursable costs. These grants went to: 1) an existing business on Main Street seeking to add daytime service and 2) a new restaurant opening at the long-vacant corner of Franklin and Travis.

• The storefront grant program is part of the broader Thrive Grants Initiative, which will continue to expand throughout 2024 and 2025. Future grant programs may include historic façade grants, private property lighting grants, and more.

NEARLY HALF OF ALL DOWNTOWN STORES AND RESTAURANTS HAVE DOORS FACING OUR SIDEWALKS AND PLAZAS; TENANTING THESE VACANCIES HAS A HUGE IMPACT ON OUR PUBLIC REALM

ONLY IN DOWNTOWN

Downtown Houston is a destination. From stadiums and theaters, to world-class art, Houston’s greatest treasures can all be found in Downtown. Throughout the quarter, Astros games, 713 Day celebrations, and other events welcomed thousands of visitors.

Upshot

What Stands Out

• 713 Day, Sports, and Special Events Enlivened All Corners of Downtown: 713 Day and Houston’s Make Music Day brought performances to venues and parks across Downtown in the heart of summer.

Q3 2024 Hospitality Insights

Source: Houston First

• Bottom line: Downtown has been an entertainment destination for years, and this quarter saw the celebration of one entertainment milestone in particular – 25 years of the Astros Downtown.

JULY 13 • 72%

713 Day Celebrations

Astros vs. Rangers (7/12-7/14)

Dynamo vs. Minnesota United FC

JULY 26 • 71%

AUGUST 3 • 49%

• Astros vs. Rays (8/2-8/4)

• Coffee and Cars at POST

• Astros vs. Dodgers (7/26-7/28)

• Peso Pluma at Toyota Center

• Dynamo vs. Atlas (7/27)

AUGUST 24 • 54%

• Chris Stapleton at Minute Maid Park

• ASAKE at Toyota Center

• Dynamo vs. Toronto FC

SEPTEMBER 7 • 61%

• Red Bull Showrun

• Astros vs. Diamondbacks (9/6-9/8)

• Dynamo vs. Los Angeles

Percentage Change From Baseline Average • Source: Placer.ai

NEW DOWNTOWN PEDESTRIAN LIGHTING MASTER PLAN

PROJECTS ANNOUNCED

Mural Lighting Grant Program:

The recently launched program will award properties reimbursement grants for lighting that illuminates a mural on their property, adding vibrancy and muchneeded light for nighttime visitors and residents.

Overpass Lighting Installations:

Overpass lighting was a huge focus for the Pedestrian Lighting Master Plan, which is why two installations beneath the highway overpass at Texas Avenue and Polk Street are being commissioned. To be installed in late Summer 2025, these projects will create safer, more delightful connections for the daily users and seasonal patrons of Minute Maid Park and Shell Stadium. The installations will also help alleviate wayfinding disruptions caused by the NHHIP St. Emanuel drainage project and create inviting “gateways” for visitors attending the 2026 FIFA World Cup Fan Fest.

DEEP DIVE: 25 YEARS OF BASEBALL DOWNTOWN

The Astros wrapped up the 2024 season winning their fourth straight American League West title, the seventh in its last eight seasons. This was also their eighth consecutive year making the playoffs. Additionally, Ronel Blanco recorded one of four nohitters in the 2024 MLB season, the 17th in team history.

The 2024 MLB season marked a quarter-century of Astros baseball in Downtown Houston. As a major driver of Downtown activity, 60,925,211 fans have visited the ballpark in this period. Through the highs of the post-Harvey World Series victory in 2017, to the lows of the 111-loss season in 2013, the Astros have racked up an impressive resumé, over this 25year span. They reached the postseason in 12 of the 25 seasons Downtown, they won the Division Series nine times, won the Championship Series five times, and brought home two World Series Championships. With plans to construct a ballpark-adjacent entertainment district featuring hotel, retail, and entertainment space, look forward to many more years of Astros baseball right in the heart of our city.

There were a total of 2.8 million fans in the 2024 season.

• Greater than the City of Houston population (~2.3 million)

• Greater than the population of 15 U.S. states

Source: Baseball-Reference.com

DOING BUSINESS DOWNTOWN

Despite Hurricane Beryl on the heels of the May derecho, the Downtown Houston Office market continued to show up and carry on. Asking rents ended Q3 up 0.7% from last year, and the submarket saw nearly 330,000 square feet of leasing activity in the quarter. Additionally, employee activity continued to climb, with Q3 2024 seeing 1.5% higher activity compared to the previous quarter and 3.6% higher activity compared to the previous year.

Upshot

What Stands Out

• Market Asking Rents Continue to Show Signs of Improvement: Overall asking rents are up 0.7% compared to last year, sitting at $36.19 per square foot. Class A asking rents have seen a similar trend, growing by 0.5% from last year to a current rate of $40.02 per square foot.

• Return to Office Continues to Climb: In Q3 2024, employee activity was 1.5% higher compared to Q2 2024 and 3.6% higher compared to Q3 2023

• Total Employees vs Individual Employees: While total employees are 70.6% recovered compared to Q3 2019, individual employee visits are over 90% recovered.

Q3 2024 Office Insights

Class A Market Asking Rent PSF (Annual)

Source: CoStar

Q3 2023 saw two leases from NextDecade Corporation and NRG Energy total over half a million square feet.

UH-D EXPANDS THEIR PRESENCE

DOWNTOWN AT THE DOWNTOWN REDEVELOPMENT AUTHORITY’S LAUNCHPAD

The University of Houston-Downtown (UH-D) announced its urban campus expansion to the Downtown Redevelopment Authority’s Downtown Launchpad space at 1801 Main Street.

Connected by light rail, the university’s presence at the Downtown Launchpad will include their Crime and Urban Issues Data Analysis Center as well as a new Idea Hub and Entrepreneurship Center. The addition of these programs in the Southern Downtown area serves as an important, new punctuation along the Main Street corridor. Main Street, the spine of Houston’s transit network, is bookended by UH-D and the Medical Center and is also home to the Ion District and Greentown Labs.

The future has always started with Houston— from NASA and the birth of nanotechnology. From academic advancements, medical innovations, and the ever-progressing energy transition sector, the Main Street corridor is securing its place as Houston’s Corridor for the Future.

DOWNTOWN REBOUNDED FOR HOUSTONIANS POST-BERYL

In the immediate aftermath of Hurricane Beryl, Downtown offered thousands of displaced locals and emergency line crews morale-boosting hospitality and air-conditioned recharging spaces. Floodwaters receded swiftly from the Downtown District’s northern edge, and hundreds of recovery workers got Downtown fully back in business in a matter of hours. Downtown Houston+ web and social media platforms stood up a nimble and responsive network of communications, updating business status and street reopening to help food and beverage businesses post their operating hours and assist workers in returning to work.

EMPLOYEE RECOVERY

The Employee Recovery Rate ended Q3 2024 at 70.6% compared to Q3 2019. While rate increases have slowed, they are continuing to climb; rates increased by 1.5% compared to the previous quarter and 3.6% compared to Q3 2023. However, much of the gap to full recovery lies in the hybrid work model. When we look at individual visits of employees rather than the total number of employee visits, Downtown Houston is over 90% recovered compared to prepandemic times.

Downtown Employee Recovery vs. 2019 Month

DEEP DIVE: LAW FIRM LEASING MARKS SUCCESSFUL TENANT DIVERSIFICATION FOR DOWNTOWN

As of Q3 2024, Downtown has seen an uptick in leasing activity from law firms, tech companies, and other diverse industries. This diversification has been a strategic move by the Downtown Houston+ affiliate, Central Houston, Inc., since the organization was founded in 1983. By attracting a broader range of tenants, Downtown Houston is better positioned to weather economic fluctuations and capitalize on emerging trends.

Law firms now account for 43% of total downtown square footage leased in 2024 compared to 26% in 2022. This shift is particularly notable as energy firms, which dominated the market in 2022 with 56% of leases, have seen their share decline to 25% in 2024.

While the energy sector remains a crucial component of Houston’s economy, the growing prominence of other industries signals a promising future for Downtown Houston. As the city continues to invest in infrastructure, public transportation, and cultural amenities in the urban core, it is poised to become an even more attractive destination for businesses and residents alike.

LIVING DOWNTOWN

Upshot

Downtown living continues a rising trend. For the future of Houston’s densest housing market, more housing and more residential amenities are on the horizon. Downtown and adjacent submarkets, the Central Houston Submarket, experienced remarkable growth over the last ten years, with much of this growth oriented around amenities: green space, light rail, and bike and walking trails.

What Stands Out

• Green Living Happens Downtown: All residents Downtown live within 10 minutes of a park or green space, and 80% live within 5 minutes of our parks with the most amenities: Discovery Green, Market Square Park, and Trebly Park.

• Multifamily Housing Market Holding Steady or Improving: Vacancy rates and absorption are looking healthy, even when compared with the broader submarkets.

• Bottom line: The future of Downtown’s residential growth, and growth in adjacent Downtown submarkets, looks bright as interest rates continue to decrease and appetite for density grows.

Q3 2024 Residential Insights

Source: CoStar

See Page 34 for “Central Houston” map boundary

GREEN SPACE FOR RESIDENTS

Thanks to strategic development, every Downtown Houston resident now lives within a 10-minute walk of a park or green space—a remarkable achievement as the number of residential units in the district has tripled over the past decade through the Downtown Living Initiative.

And with Trebly Park’s anchoring of residential growth in South Downtown, nearly 80% of residential units are now just a 5-minute walk from highly amenitized park spaces that also include Market Square Park and Discovery Green.

In total, Downtown Houston is home to more than 20 parks and green spaces that offer a wide range of outdoor adventures, allowing residents to directly benefit from investment in these sought-after amenities.

80% 100%

OF DOWNTOWN RESIDENTIAL UNITS ARE 5 MINUTES FROM A HIGHLY-AMENITIZED PARK: DISCOVERY GREEN, MARKET SQUARE PARK, OR TREBLY PARK

OF DOWNTOWN UNITS ARE WITHIN 10 MINUTES OF A PARK OR GREEN SPACE

DEEP DIVE: TRAIL & RAIL-ORIENTED DEVELOPMENT IN CENTRAL HOUSTON SUBMARKET

Over the last several decades, Downtown Houston’s growth has influenced adjacent neighborhoods. Looking solely at the traditional Downtown boundaries when contemplating the true transformation that’s been unfolding in our city’s urban core would be missing other notable multifamily trends; it’s time to evaluate the growth in Downtown alongside our adjacent submarkets like East Downtown, Midtown, the Medical Center, and First Ward, collectively forming a dynamic “Central Houston Submarket.”

There’s been a consistent and shared push towards density in this Central Houston Submarket, with developers building high-rise residential and commercial towers that cater to the growing population. As seen in the data, the 10-year growth rate for Downtown is a staggering 139.4% and the Central Houston Submarket area overall has seen a 89.8% increase. The emphasis on multimodal access is driving development, as seen in other Texas cities and cities across the nation, with the majority of Central Houston Submarket multifamily projects centered around the light rail line, bike trails, and bayou trails.

These factors are shaping a future for the Central Houston Submarket that embraces density and sustainability. The area is becoming a magnet for young professionals, families, and businesses, all drawn to its vibrant culture, diverse amenities, and convenient transportation options.

As the city continues to invest in infrastructure and public spaces, the Central Houston Submarket is poised to become one of the most desirable places to live and work in Texas.

Source: CoStar

Houston Multifamily Growth
Trail & Rail Development

LOOKING AHEAD

THE ROCKETS ARE GO FOR LIFTOFF

Houston hoops return to Downtown with a young Rockets squad ready to launch into playoff contention. Rising stars Jalen Green, Jabari Smith Jr. and Alperen Şengün will help fuel a season full of highlight-reel moments and AllStar buzz. Fans can expect more than just basketball thrills—new stadium upgrades, including an eye-popping curved scoreboard, promise to elevate the gameday experience.

DÍA

DE LOS MUERTOS CELEBRATION

In a recent survey, nearly 50% of stakeholders expressed a desire for Downtown Houston to be known for its celebrations of cultural and ethnic diversity. Trebly Park’s Dia de Los Muertos celebration brings this vision to life with a weekend of festivities, including a movie night, community ofrenda, Spanish yoga class, entertainment, 30 artisan market vendors, live music, and family-friendly activities.

MAKING THE BAYOU BRIGHT

Downtown Houston+ debuts Snow Glow on the bayou, a digital, immersive light and sound spectacular at Allen’s Landing Dec. 20 - 29. Reflecting in the water and projected onto a four-story tall, six-story wide water screen, Snow Glow can be experienced from multiple vantage points, from the bayou banks or trails, or on a Christmas Cruise boat tour operated by Buffalo Bayou Partnership.

UNIVERSITY OF HOUSTON DOWNTOWN EXPANDS TO THE LAUNCHPAD

University of Houston Downtown will reanimate the Downtown Launchpad at 1801 Main Street, a building connected to UHD main campus by the METRORail Red Line. UHD will open a career center annex, continuing education office, and Office of Alumni Relations. A new Idea Hub and Entrepreneurship Center and a Crime and Urban Issues data center are next. This partnership between UHD and Downtown Houston+ shows officeto-campus can be a smart reuse of vacant offices.

HOLIDAYS AROUND DOWNTOWN

High tech, meet Historic District. During the Downtown City Lights winter holiday celebration from Nov. 22 to Dec. 29, a 40-foot-tall, digital Singing Christmas Tree will make Market Square Park sparkle.

Trebly Park unwraps “Love Ya Blue” bling and the world’s largest mistletoe ball, plus Santa Paws pet photos with the jolly bearded man. Getting around becomes part of the fun on Downtown’s doubledecker Holiday Trolley.

DOWNTOWN

HOUSTON GETS A FRESH LOOK

Over 2,000 new banners will soon line Downtown streets in a bold place-branding effort. Featuring 45 unique designs, these banners will guide visitors with ingress welcomes, egress farewells, and destination markers, ensuring everyone knows when they’ve arrived in Downtown Houston. Entrusted by the City of Houston to manage this program, the Houston Downtown Management District aims to encourage exploration and highlight all that this dynamic neighborhood has to offer.

ABOUT DOWNTOWN HOUSTON+

Downtown Houston+ stewards the vision of Downtown as a center of global commerce and local culture and Houston’s heart for opportunity, excitement and joy. Its family of aligned entities – Central Houston Inc., Houston Downtown Management District and Downtown Redevelopment Authority – collectively advance a shared mission to champion and enhance Downtown Houston as a connected and thriving place for everyone. For more information, visit downtownhouston.org.

CONTRIBUTING STAFF

JENNA BEASLEY

Marketing Manager

BRENDAN HARRISON Research & Economic Development Specialist

AARON HERNANDEZ Marketing Coordinator

CASSIE HOEPRICH Director of Planning & Economic Development

JUSTIN JERKINS Communications Specialist

KRIS LARSON President & CEO

AMANDA MARQUEZ Programming & Events Manager

CLINT SELF

Creative Strategy Lead

ANN TAYLOR Director of Engagement

CANDACE WILLIAMS Executive Assistant & Board Liason

DOWNTOWN REDEVELOPMENT AUTHORITY BOARD

LANCE CHILDERS

BAILEY FLOWERS

MORRIS MALAKOFF

CHRIS TEDESCO CONTRIBUTING

EGIDIO NARVAEZ

SHANNON O’HARA

BRANDON MARTIN

If you have inquires related to the data and information presented in this report, please contact cassie.hoeprich@downtownhouston.org.

To learn more about Downtown Houston+ Clean and Safe services, reach out to operations@downtownhouston.org or visit downtownhouston.org.

Director James B. Harrison

Harrison Kornberg Architects

Director Kirby Liu Managing Director, Lovett Group

Secretary Barry Mandel President & Park Director, Discovery Green, Retired

Director Tiko Reynolds-Hausman Chief of Staff of Operations, Harris County Precinct 2

Vice Chair Michele J. Sabino Consultant, Third Sector Services

Director William J. Taylor, III Director, Development and Infrastructure, Harris County Precinct 1, Retired

HOUSTON DOWNTOWN MANAGEMENT DISTRICT BOARD

OFFICER NAME TITLE/ORGANIZATION

Director Crystal Allen Managing Director, Transwestern

Director Sean Alley Vice President, Operations, Brookfield Properties Operated by CBRE

Director Kinder Baumgardner Managing Principal, SWA Design

Director Genora Boykins Asst. Regional General Counsel - Retired, NRG Energy, Inc.

Director Clay Crawford Partner, Sears & Crawford L.L.P.

Director Marcus Davis Owner, Kulture

Director Jacques D'Rovencourt General Manager, Hilton Americas- Houston

Director Kelly Foreman Executive Vice President, Amegy Bank

Director Irma Galvan Owner, Irma's Original

Chair Leslie Garcia Ashby Partner, Ashby, LLP

Secretary Marian Harper Vice President, Foundation Development, Houston Astros LLC

Director Gilbert A. Herrera President, Herrera Partners

Director C.C. Huang CPC Corporation

Director Angus Hughes Executive Director, Cushman & Wakefield

Director Antoinette M. (Toni) Jackson Principal, The Banks Law Firm

Director Lacee Jacobs Senior Vice President, Strategic Leasing & Advisory, Parkway

Vice Chair Robbi Jones President, Kipling Jones & Co.

Director Roland Kennedy Internal Stakeholder Manager, Corporate Real Estate, Chevron

Director Sean Liu Head of Legal, Lionstone Investments

Director Benjamin Llana Vice PresidentDevelopment, Skanska

Director Nick Massad III Senior Vice President of Development, American Liberty Hospitality

Director Sherea McKenzie Executive Director, J C Hester House

Director Kenny Meyer President, MC Management & Development

Director Randy Pryor Vice President, Distribution Operations, CenterPoint Energy

Director Edna Ramos Downtown Property Owner

Director Frem Reggie Managing Director, Hines

Director John Schafer Managing Director, Hyatt Regency Houston

Treasurer & Investment

Officer Richard Torres President and Executive Director, Christus Foundation for Healthcare

CENTRAL HOUSTON INC. / CENTRAL HOUSTON CIVIC IMPROVEMENT INC. BOARD

OFFICER NAME TITLE/ORGANIZATION

Director Dr. Loren Blanchard President, University of Houston-Downtown

Vice Chair Stephanie Burritt Co-Managing Director, Principal, Gensler

Director Dougal Cameron President, Cameron Management

Director Ric Campo Chairman & CEO, Camden Property Trust

Chair Dilip Choudhuri President & CEO, Walter P Moore

Director Matt Damborsky EVP, Skanska USA Commercial Development

Director Danny David Partner, Department Chair Litigation (Firmwide), Baker Botts

Director Johnathan J. Edgeller Managing Director & Region Manager, JP Morgan Chase & Co.

Director Laura Edrington Managing PartnerHouston Office, Locke Lord LLP

Director Mark C. Evans Co-Chairman, Bracewell LLP

Director C. Richard Everett Chairman & CEO, Everett Interests

Director Tilman J. Fertitta Chairman & CEO, Landry’s Restaurants, Inc.

Director Bradley R. Freels Chairman, Parkway

Director Adam Green Shareholder, Baker Donelson

Director Fred B. Griffin Co-Chairman, Griffin Partners, Inc.

Director Hillary Hart Executive Director, Theatre Under The Stars

Director Michael Heckman President & CEO, Houston First Corporation

Director Wendy Heger Principal, Page

Director Jeffery Hildebrand Executive Chairman and Founder, Hilcorp Energy

Treasurer Alex Jessett President and Chief Financial Officer, Camden Property Trust

Director Steven J. Kean President & CEO, Greater Houston Partnership

President & CEO Kristopher Larson President & CEO, Central Houston Inc.

Director Julie Luecht Office Managing Principal, KPMG LLP

Director Ira Mitzner President & CEO, RIDA Development Corp

Director Niloufar Molavi Global Leader Oil & Gas, PwC

Director John Mooz Senior Managing Director, Hines

Director Stephen Newton Managing Director/ Area Manager, Russell Reynolds Associates

CONTINUED ON THE NEXT PAGE

DATA SOURCES

HOUSTON DOWNTOWN MANAGEMENT DISTRICT DISTRICT BOUNDARY

Director Hong Ogle Houston Market President, Bank of America

Director Travis Overall Executive Vice President, Brookfield Properties

Director Kathy Payton President & CEO, Fifth Ward Community Redevelopment  Corporation

Director Daron Peschel Sr. Vice President In Charge, Federal Reserve Bank, Houston Branch

Director Theola Petteway Executive Director, OST/Almeda Corridors Redevelopment Authority

Secretary David Ruiz SVP, Community Relations, Bank of America

Director Cody Schneider Partner, Winstead

Director David Stevenson SVP, Amegy Bank of Texas

Director Aaron Thielhorn Houston Market Leader, Managing Director, Trammell Crow

Director Amber Tierce Corporate Affairs Manager, Houston, Chevron Corporation

Director Jennifer Wagner Office Director & Studio Practice Leader, Education Partner, HKS, Inc.

Director Jason Wells President & CEO, CenterPoint Energy

Director Melinda Yee Houston Managing Partner, M&A Transaction Services, Deloitte

SOURCES

CoStar

Downtown Houston + (downtownhouston.org)

Houston First Corporation (visithoustontexas.com) Placer.ai

Texas Bar Tab (texasbartab.com)

Baseball-Reference.com

CENTRAL HOUSTON MAP BOUNDARY

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