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Be Remarkable

Mpact Report No. 52


Forward

“With legacy as our foundation and unchanging values as our guide, we’re embracing innovation.” The way we interact with the world and each other has changed since we set out more than 52 years ago. For many of us, what we see on a screen seems more remarkable, and captures more of our attention, than anything we experience in our daily lives. We believe the desire for deep connection and the need for spaces that encourage connections is more important than ever. After all, remarkable places inspire people to do remarkable things, and our purpose is to create the places that will bring people together, to enrich lives and leave an enduring, positive impact. Inspiring and delighting people with the places we create has always been at the heart of Midway’s legacy, and we’re proud to say we are still excited to build on that legacy. From the rebirth of a 110-year-old Main Street landmark, to the newest technology hub for the world’s most innovative company, our places reflect what is unique and special about each community we touch. Never relying on past accomplishments, we are investing, innovating, and creating destinations that become new centers of gravity, while expanding into new geographies.

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01


With legacy as our foundation and unchanging values as our guide, we’re embracing innovation to bring our vision to life in 2020 and beyond. While we remain committed to the Houston area, we also are broadening our reach into other major markets. This fuels growth and allows us to influence and impact more lives, remembering we are building for the next generation as well as for today. Each of our investments also reflects our passion, not just for what we build, but how we make people feel, and that has always included our Team Members. The hospitality, humility and creativity this Team devotes to creating remarkable places is the cornerstone of our success. Although the Midway Team achieved many milestones, ground breakings, grand openings, new leases, and industry honors—the most gratifying accolade has been earning another year’s recognition as one of Houston’s Top Work Places.

“To all of you who help us deliver on our purpose to create enduring investments and remarkable places that enrich people’s lives, we are grateful and excited for the next 50 years and beyond.”

Bradley R. Freels Chairman

Jonathan Brinsden CEO


Kirby Grove

Be Remarkable

02–03


By The Numbers 2018 + 2019

12

52

140+

Awards in 2019

Years

People

Top Work Places

Active Portfolio

$1.97B

2.74M

978K

AUM

SF of Office

SF of Retail/Entertainment

36

963

1,527

Active Investments

Hotel Keys

Multi-Family Units

8.6

5.57M

Acres of Open Greenspace

SF Managed


12

550+

9

7

Midway Offices

Events in 2019

Remarkable Places

Uses

1.5M

694K

AUM

SF of Office

SF of Retail/Entertainment

18

610

1,225

Projects in the Pipeline

Hotel Keys

Multi-Family Units

Pipeline Portfolio

$1.4B

17 Acres of Open Greenspace

By The Numbers

04–05


Where we’ve been helps us build where we’re going Midway’s forward-thinking mindset has earned the continued support of our community partners and investors. We’ve also been recognized for bringing contemporary workspaces and amenities to historic buildings. An international panel of judges honored the landmark Jones on Main with a 2020 ULI Development of Distinction Award in the Heritage category. We are gratified by industry recognition, and we’re thinking bigger. While we build award-winning developments, we’re also building Midway’s capacity with the people, structure, and tools in place for continued growth.

Bringing excitement and energy to the street level of the 110-year-old Great Jones Building, the Food Hall was an instant hit.


GreenStreet’s office tower lobby gives street presence to the entry experience and connects a light-filled, amenity-rich space to the interior Lawn.

Half a century ago, our founder asked the question we still ask ourselves today, “What if we redefined how people and communities connect and live through the things we build?” And from there, he set off–thinking differently about how to enrich people’s lives and move our industry forward. From spearheading important public-private partnerships to creating accessible green space in unexpected places, we lead our communities and industry peers with innovative, bold ideas. We’re leaning into the changing tide of how people work, live and interact. Key projects are helping to drive Houston’s economy in the Downtown Innovation Corridor, and we’re embracing the future of work with adaptable co-working spaces. Our ability to mix enduring adaptability with a mind towards the future creates something that lasts. The potential to shift and change to meet future needs is a hallmark of our most important projects.

Remarkable Purpose

06–07


We put purpose first as we build for communities It’s not always the things you build. It’s the way you make people feel that creates a lasting legacy for generations. Our future success as an organization is underpinned by our purpose to create enduring investments and remarkable places that enrich people’s lives. Our strategies adapt, but are built on our unchanging values.

Kirby Grove 2019 ULI Global Open Space Award Winner, Levy Park 2020 ULI Development of Distinction Award Finalist, Kirby Grove Office


Sharky’s Waterfront Grill, King’s Harbor

Avenue Grove, a luxury midrise residental tower in Kirby Grove

Remarkable Purpose

08–09


Our Values Integrity

Initiative

Authenticity and transparency are central to our conduct; we say what we mean and honor our word.

We strive to make a difference, regardless of obstacles and resources.

Passion

Teamwork

Passion is the fuel that drives us forward. A passionate group of people working toward common goals, we can accomplish the unthinkable.

When we succeed together, without worrying about who gets credit, we succeed with humility.

Adaptability

Generosity

We instinctively look at the world with open eyes and anticipate change. This gives us the guts to differentiate ourselves from the commonly accepted formulae.

Our talents were not given to us solely for our own benefit and success, but also to enable us to give back and make a positive impact in the lives of people in the communities where we live and work.

Quality We believe quality is the end result of our high intentions, sincere effort, intelligent direction, and skillful execution; it represents the wise choice of many alternatives.


The Moran Hotel, CITYCENTRE

“Ultimately, you can’t buy character and integrity–you have to earn those things by doing the right things each and every day.” Adam Finn, Investor and Advisory Board Member

These values ground us in our legacy and history as an organization. We recently honored that history in the rebranding and reintroduction of The Moran, CITYCENTRE our award-winning hotel as a tribute to our founder’s memory and in celebration of the hotel’s 10th anniversary. Our purpose has sustained us for 52 years and is essential to propelling us towards long-term success. More importantly, our purpose is how we connect to communities on a deeper level–it gives us our drive, fuels our innovation in communities, and excites our Team to build for the next generation.

Remarkable Purpose

10–11


Strategic Partner: Life Time Bahram Akradi, Founder and CEO

Can you give me a brief overview of Life Time and your role?

What about Midway’s space and design attracted Life Time to CITYCENTRE?

Life Time is focused on live, work, play and stay. We’re helping to create a holistic health life with our athletic resorts, Life Time Athletic, Life Time Work, concept for hotels–a comprehensive village to make it a seamless experience. As a company, we have evolved over 25 years, from starting out as focused on the “play” aspect and now more broadly focused on health and well being.

I looked at the way it was laid out with the specific allocation for green space, the addition of office buildings, the great retail and restaurants complimenting it all–it’s a comprehensive village, which is exactly what serves our customers well. One of my initial concerns at the time was more about if it was really going to happen at the level that we expected because of the economy, but it all came together because with Midway, if they’re doing something, they’re doing it right.

Can you talk to me a bit about your history with Midway and CITYCENTRE? Why did you initially decide to partner with them? One of the main reasons we chose CITYCENTRE was because we were impressed with the vision and design presented to us by Midway’s leadership. They believed that this particular site within CITYCENTRE would be perfect for Life Time and they had foresight to bring us in. So we spent some time together, dug into the concept and the rest is history. We started getting involved in 2006 and we opened in September 2008, which wasn’t great timing, but Midway had an incredible vision and they flawlessly executed. This cannot be easily dismissed, because it takes a massive vision to come up with what they have created there.

What stands out to you most about your partnership with Midway? There is a trust that I have with Midway. I trust the fact that if we hit a snag, we can quickly work it out because Midway’s leadership and Brad, have been incredible partners. They understand the brand value of Life Time and the depth of commitment that Life Time has to quality. When we start a project together, I have zero hesitation simply because I trust them.

“...they understand emerging markets, and they have a great ability to reimagine and revitalize projects that are undervalued.”


Stories

Why did you choose the GreenStreet development for your next location? GreenStreet is all about connecting, collaborating and creating. How do you think that type of environment will benefit your customers? I have faith in Midway’s ability to pick real estate opportunities because they understand emerging markets, and they have a great ability to reimagine and revitalize projects that are undervalued. GreenStreet is like that, and it has the tremendous opportunity to become something special. In addition, it gives us the opportunity to design a beautiful athletic club and an amazing space for Life Time Work, which is core to our value. I am super excited about that project and believe it will become everything that Midway has envisioned because in time their projects always pay off, and I’m confident that it will be another success story.

Remarkable Partners

12–13


Midway Team Member Kelly Agent, General Manager, Property Operations

What stands out to you about Midway? A lot of companies use the word “family” and “valuing our employees” but no one that I have worked for has come close to practicing what they preach the way Midway has. They live and breathe their values every day. In fact, they put 12 days a year behind the generosity value for folks to volunteer, because they want you to be in the community volunteering.

Outside of generosity, what other value sticks out to you and why? There’s so many. Integrity, passion, teamwork. If I had to choose one, teamwork would be it. You can find a picture of every single employee on our website and that is a testament to how much they value each and every employee. And they understand that everyone at Midway matters to how happy our tenants are–it improves the level of service we provide to our tenants when we feel cared for.

What makes you feel like Midway is a family? It’s a feeling between the Team Members– everyone works together so closely–it’s a feeling of team and loyalty to Midway and each other. I know that feeling is real.

How have Midway's values impacted you personally? I was diagnosed with cancer and had only been in Houston 8 months with no family. I felt alone and any other company could have said, “we understand, take your medical leave,” and called it a day. But that’s the opposite of what Midway did. My treatment took 1.5 years, and they truly treated me like family. People would offer me rides to treatment, they created prayer cards, they created bracelets with my favorite color, orange, with “Kelly’s Krewe” on it to remind people to pray for me. After my surgery, employees gave money and created shopping lists for me and stocked my refrigerator. And these were people that had never even met me, but they really rallied around me.

What do you think when you think about the future of your organization? They give you autonomy and value your ideas. Midway doesn’t limit you, they want to help you grow within the company. Being presented with those opportunities and understanding that there’s no limit within the company is exciting.

How do you see this organization growing in the future? Even in just two years, we’ve transformed and it’s because of our adaptability. Our leadership is open to new ideas, to hearing from employees how we can do better. We’re always looking for the next new idea that will grow the company.


Stories

“Midway doesn’t limit you, they want to help you grow within the company.”

Both GreenStreet and Century Square are new in different ways–how do you see them as forward-thinking developments? GreenStreet taking over an outdated shopping mall and transforming it into one of the most vibrant areas in downtown is a huge idea. Century Square is a completely new concept and is a testament to transforming the Brazos Valley. For both, a lot of people said “it will never work”, but Midway implemented every step so well, that we now have developers looking to copy the concept of Century Square. We have diligence in saying “we’re not going to do it the easy way,” then doing it really well. And we also strategically say no to the wrong investment. Those are two things that give our properties a long-term strategy for success.

Remarkable Team

14–15


Philanthropic Partner: Yellowstone Academy Ryan Dolibois, Executive Director, Yellowstone Academy

How does Midway partner with you? We have Midway folks in our classrooms, helping at events or volunteering at things like sponsored class parties. Partnering with them has been incredible for our organization, and they’ve really raised the bar in regards to volunteers and in board service. They have really set the template for what we expect in our corporate partners–they have supported us as we go out and achieve our mission.

How have you benefitted from Midway’s involvement in Yellowstone? What we do in many ways is possible because they partner with us. And it’s not just hands on volunteering–it’s incredible the way that they use their network to expand our possibilities for our classrooms and the kids we serve. Whether that’s a way to get in front of their vendors and partners, or building the overall awareness and name recognition in Houston, they’ve been instrumental in our existence and ability to help students.

What is one example of Midway going above and beyond? Something that immediately comes to mind is when we really needed new air conditioning units for our classrooms. Midway volunteers were helping in the middle of the summer and they realized how badly we needed them. One of the volunteers, Andrew Talavera, was working on a Midway project and as part of that project, the building was going to be torn down and the AC units turned into the scrap yard. He instantly thought of us and gathered a group of volunteers to install the units–and it took them a week working every day after work. This saved us hundreds of thousands of dollars and is a perfect example of how Midway thinks creatively and does more than is asked to help us.

“Yellowstone Academy is particularly special to me because I came from a similar background. I immediately had a place in my heart for the students at Yellowstone. My teammates and I have spent many hours after work or on the weekends volunteering at Yellowstone to make sure the students have a wonderful learning environment every day.” Andrew Talavera, Chief Engineer, Property Operations, Midway


Stories

“They’ve set the template for what we expect in our corporate partners. They have supported us as we go out and achieve our mission.” Ryan Dolibois, Executive Director, Yellowstone Academy

Andrew Talavera honored for his dedication and service to Yellowstone Academy

Remarkable Community

16–17


Remarkable places inspire remarkable lives Whether we’re reinventing a space or creating something new, our ambition is to create places that matter. Our communities are our catalyst, and we want to design spaces that people embrace as their own and adapt as they change. That’s why our projects are intentionally designed to create a place where people connect in new, transformational ways. To do this, we ask ourselves what is possible for each space, how people will engage with it, why it will matter to its community.

Memorial Green, an upscale community of offices, shops, restaurants and luxury homes created a walkable lifestyle for the first time in the heart of Memorial, Houston


“Whether it’s a mixed-use development, retail, hotel or restaurants, they’re always thinking about what that will look like in the future.” Aaron Lyons, Founder and CEO of Dish Society and tenant at Memorial Green and Finn Hall at The Jones on Main

Remarkable Places

18–19


Remarkable by Design What We Do Midway is an investment and development firm focused on differentiated core infill real estate located in mixed-use environments. We utilize three investment strategies—develop-to-core, value-added repositioning and covered land opportunities, to strategically optimize the mix of location + product + experience to create remarkable places that are enduring core investments. In many cases, we own, develop, operate and market these assets and offer our development, management and marketing services to those who seek our expertise.

Development Philosophy It takes innovation, initiative and passion to inspire people to live a more remarkable life with what you build. That sets us apart. It’s what makes us leap out of bed in the morning and inspires us to think differently about creating remarkable places that positively impact communities.

Mixed Use

Differentiation

Integrated, comprehensive experience

Thoughtful, unique branded services

Experience

Connectivity

Unique, urban, natural, authentic public place

Multi-modal, walkable, social community

Innovation

Design

Healthy, sustainable, flexible product

Timeless quality


Investment Approach and Value Creation Process Our investment approach and Midway Value Creation Process informs the way Midway chooses, vets and executes investment and development opportunities. At Midway, we invest in generational real estate. Our developments span from the doorstep of the largest research institution in Texas to the crossroads of technology and energy in Houston. From reimagining existing spaces, to ground-up development, each location that we’ve chosen is uniquely positioned to hold and increase value for generations. Over time, this strategic focus has helped us outpace and outperform the market.

CITYCENTRE

Remarkable Places

20–21


Portfolio


Remarkable Places

22–23


CITYCENTRE

®

Project Overview:

Mix of Uses:

Awards:

47 Acres

Retail/Restaurants/ Entertainment–570,000 SF Office–625,000 SF Multi-Family–1,120 units Hotel–266 keys Fitness–140,000 SF Residential–35 Brownstones

ULI’s People’s Choice of the Decade Award–2017

CITYCENTRE is creating remarkable experiences for more than 10,000 people who enjoy the retail, hospitality, business and green space each day. Our award-winning, mixed-use development has served as a truly walkable urban district in Houston and has been lauded as one of the nation’s most successful live-work-play districts. Dynamic CITYCENTRE celebrated its first decade by attracting the most desirable tenants and partners, including Houston's first technology hub for Amazon Web Services, and cutting-edge retailers Warby Parker and Jeni's Splendid Ice Cream. To offer its residents more of the CITYCENTRE experience, Alexan CITYCENTRE selected Midway Property Operations for third-party management services.


“Midway is amazing to work with because they’re a true partner. They pair our learning and education expertise with their understanding of how people experience a space. They know it’s not just about what happens in the classroom. As we designed our space, they really understood the benefit of conversations and relationships that happen when students are using the green space and amenities at CITYCENTRE.” Mike Alexander, A&M Executive MBA Program, CITYCENTRE tenant


Moving into 2020, we’re continuing to push the envelope in design, usability and redefining how west Houston connects to each other and the world. The newest state-of-the-art Midway development, CITYCENTRE Six, will blend office, retail and dining spaces with an urban plaza. Flanked by Marathon Oil’s world-class corporate headquarters and a sleek new roundabout, the district greets its next decade with an impressively updated northern gateway.

The bold vision of CITYCENTRE continues to expand with a 475,000 SF new world-class headquarters tower for Marathon Oil Company (left tower, pictured below) and CITYCENTRE SIX, designed to empower innovation.

Remarkable Places

28–29


Buffalo Heights

®

Project Overview:

Mix of Uses, Phase 1:

Timing:

20+ Acres

H-E-B–91,324 SF Retail–2,200 SF Office–36,800 SF Multi-Family–232 Units

Phase 1–2019 Phase 2–2022 Phase 3–2024

Buffalo Heights® is an exceptionally highquality, mixed-use district that is changing how Houstonians live, shop, work and dine in the heart of the nation’s fourth largest city. When fully developed, the Buffalo Heights District will span 32 acres, ideally located next to Houston’s Buffalo Bayou Park, and conveniently near The Heights, Washington Avenue, Memorial Park, Downtown, Uptown and the Texas Medical Center.


“When we learned of the plans for Buffalo Heights, we knew it was just the type of community more of Houston is going to want.� Scott McClelland, President, H-E-B


The first phase is now complete, beautifully integrating retail, business and residential space with One Buffalo Heights® office building, St. Andrie®, a 232-unit upscale apartment building, and the most innovative urban store for the nation’s top grocer, H-E-B Buffalo Heights. As the owners, the Glenda and Russell Gordy family looks to the future of their game-changing District, their attention to quality, thoughtful design, and stewardship of the land is top-of-mind. The next expansion will build momentum, elevating the Buffalo Heights® experience with residential, office, a new signature green space, exciting dining and shopping options, all just steps from each other.

H-E-B, a cornerstone of the first phase of the Buffalo Heights® development

Remarkable Places

34–35


Century Square Project Overview:

Mix of Uses, Phase 1:

Timing:

60 Acres

Retail/Restaurants/ Entertainment–200,000 SF Office–60,000 SF Multi-Family–249 units Hotel–303 keys

Phase 1–2017 Phase 2–2021 Phase 3–2022

Century Square gave Midway, Texas A&M University, and Bryan-College Station the opportunity to breathe new life into a space in a way that had never existed in the area. This 60-acre, mixed-use development creates a premier district for the community to connect in an active, urban setting. The first of its kind, Century Square delivered an inspiring and innovative destination for the wider university community, residents, and visitors to the Brazos Valley region.


“When we signed on with Century Square, a lot of people were surprised at that development. Our success their and Midway’s success in that project is a testament to Midway being persistent, having a vision and thoughtfully bringing people on board.” Allison Chavez, Co-Founder of Sweet Paris


The George, a 162-room luxury hotel is located in the center of Century Square and offers a new sense of spirit to College Station.

Cavalry Court is a 141-room full-service hotel featuring elements and amenities reflecting the community’s tried and true heritage.

Remarkable Places

40–41


East River Project Overview:

Mix of Uses, Phase 1:

Timing:

150 Acres

Retail/Restaurant/ Entertainment–140,000 SF Office–160,000 SF Multi-Family–360 Units Museum–50,000 SF

Phase 1–2022-2023 Phase 2–2024-2026 Phase 3–2027-2029

East River is one of our most exciting, eagerly anticipated developments. This carefully designed urban place is rooted in history, while transforming Houston’s east waterfront for generations to come. East River Phase 1, the first 26 acres of the development, will begin to open up more than 150 acres of waterfront property, bringing together dynamic new mixed-use spaces, open spaces and more than a mile of bayou trails and natural areas.


“Midway researches and asks all the right questions as they’re thinking about a future project. They want to understand the opportunity and dynamics of an area to make sure that what they design and create is going to be valuable for a community.” Adam Finn, Investor and Advisory Board Member


Buffalo Bayou Partnership is the non-profit organization working to revitalize and transform Buffalo Bayou, Houston’s most significant natural resource. With the introduction of Buffalo Bayou Partnership’s master plan for Buffalo Bayou East, a new wave of interest focused on Houston’s next growth corridor, including East River. With a vision that marries residential, restaurant, office, retail, recreation and walkable, dynamic green spaces, East River anticipates how communities will live remarkably in the future.

East River is one of the most important urban redevelopment sites for this generation, with carefully designed, multi-phase, mixed-use development.

Remarkable Places

46–47


GreenStreet Project Overview:

Mix of Uses:

Currently Anchored:

4 Contiguous City Blocks

Retail/Restaurants/ Entertainment–240,000 SF Hotel–223 Keys Office–348,000 SF Fitness, Coworking, Spa–108,000 SF

House of Blues Hotel Alessandra Life Time Athletic/Work

Anchoring Houston’s Innovation Corridor, and connecting Downtown to the Texas Medical Center and Rice University, GreenStreet is a reimagined mixed-use destination in a bustling urban setting. Midway’s creative approach to inject vitality afterhours has proven long-term success. By mixing upscale hospitality, collaborative office space and a new, soaring three-story tower lobby opening onto The Lawn, an attractive green space that offers year-round events, GreenStreet has become an enduring, exciting destination for a community of creators, collaborators and connectors.

“Creative people need inspiration, and Downtown is an inspiring place.” Mike Albrecht, Partner, Director of New Business, Houston 9th Wonder, GreenStreet Tenant


GreenStreet has recently partnered with LifeTime Athletic to bring a world-class fitness, spa and co-working facility to the project which will open in 2020.

Remarkable Places

52–53


Midway’s Responsibility (ESG) We’re guided most significantly by our value of integrity. Midway has begun to codify its Environmental, Social and Governance (ESG) framework—articulating and tracking impact in key areas, and forming a cross-functional sustainability task force to keep pushing for innovation and accountability. We have always believed “Do The Right Thing” is an obligation of every business. Our ESG initiatives are making sure we are measuring and maximizing the ways we put that belief into action.

“Giving back and investing in the community is a part of the company culture they have built and believe in.” Lauren Levicki Courville, President of Dress for Success


The Jones on Main was recently awarded ULI Houston 2020 Development of Distinction Award, Heritage Category

“The Jones on Main elevated the office market in this block by taking what was Class C office and putting the right amenities and right money into the project, they were able to elevate that to Class A and it's been very successful.” Dan Govin, Allford, Hall, Monaghan, Morris

Restoring historic landmarks to their original luster and upgrading them with contemporary amenities is a socially and environmentally responsible response, avoiding obsolescence by creating authentic, distinctive spaces. At the beginning of 1900 the 700 block of Main Street was the most prestigious in downtown, but by century’s end it was the most blighted. Midway took two, once separate properties, and joined them together for a complete reinassance as a single, full-block experience.

Process and Philosophy

54–55


Innovating Forward As Midway grows so does our ability to create more remarkable places in communities across Texas. Our enduring legacy and the success of our future lives in the stories we inspire with the places we create. We believe that when we apply initiative and the aspirations of our company—our creativity, thoughtfulness and expertise—the opportunities for us and for communities are endless. We embrace opportunities to shape how future generations live, work and connect, because we believe this creates success that benefits everyone.

Rendering showing a conceptual vision of the future of Buffalo Heights


Midway was selected to develop a downtown hotel in a legacy Midland office building designed by Wyatt Hedrick, renowned architect of the legendary Shamrock Hotel. The hotel adds a vital component to revitalize downtown, with Centennial Park and the refurbished Bush Convention Center. The redevelopment will create a gathering place for Midland residents to socialize, and for convention, business, and leisure travelers.

As we look ahead, we’re also looking beyond Houston. Through projects such as the development of a walkable, mixed-use district in a thriving central Texas city and revitilization of a downtown Midland hotel, we’re creating enduring investments for our communities. Key to our future success is embracing new concepts for the projects we develop. Midway’s Hotel Local concept offers world-class hospitality and a differentiated local experience, infused with the amenities and services of a top-luxury hotel, while simultaneously maintaining a distinct sense of place. Hotel Local plugs into the local scene, celebrating what makes each city and its culture unique. The George Hotel, located in Midway’s Century Square project, is the first Hotel Local Concept. Through this approach, Midway was selected to redevelop a signature hotel in downtown Midland.

Our mindset helps us imagine the positive, lasting impact we can have in communities where we work. It also ensures we keep looking into the future while honoring our legacy in everything we do.

Our Remarkable Future

56–57


Our Team Members At Midway, we’re intentional about how we grow, value and build our Team. In 2020 and beyond, we’ve thoughtfully structured our Team for exponential growth. We begin with our MidwayU initiative, an internal education platform focused on embracing learning and leadership. In addition, every Team member participates in MBARK, our onboarding program which shares important foundational elements of our culture, preparing each Team member for future growth. We know the success of our company is in our Team members’ hands and that is why we’re incredibly proud to be named one of Houston’s Top Work Place for the second year in a row. Even as we grow and adapt to the ever-changing marketplace and community needs, we remain committed to giving our partners exceptional hospitality. We’re always looking for ways to improve our services for our clients, stakeholders and investors, which is why we recently merged our commercial and multi-family property operations into a single Team. This new structure has created a more seamless, remarkable experience for everyone we serve–from our hotel guests and apartment residents to our retail and office tenants.


Delicious home cooked meals are a love language spoken fluently by Midway's Gerrie Daly, Controller, Financial Operations. For patients far from home receiving life-saving treatment in The Texas Medical Center, Halo House is an oasis where bodies and souls find nourishment.

Giving back to the communities we love Generosity is one of our most important values as a company, because we deeply believe from everyone who has been given much, much will be required. The Midway Foundation was formed in 2003 with the mission of empowering Midway Team Members to become leaders in the markets where we operate by serving the underprivileged, supporting education, improving health and strengthening our communities. This mission has guided us to some of our most humbling and gratifying projects such as Halo House’s new facility, providing a true home away from home to blood cancer patients during their treatment times at the Texas Medical

Center. The new Halo House project was made possible because of the overwhelming support from a great team of Houston businesses, with $4.3M received in the form of donated services and in-kind support. Midway, along with The Morgan Group, helped raise the capital and build the $12.1 million project. We feel responsible for giving back. This is why as a Team, we invest in organizations we are passionate about, such as Yellowstone Academy and Casa de Esperanza. In addition, we provide our team members one day every month to volunteer in the community and help others live a more remarkable life.

Growth and Giving

58–59


Representative Sample of Midway’s 2019 Affiliated Organizations ACE Scholarships Aggie Park Alliance Defending Freedom American Heart Association Avenue CDC Boys & Girls Club of Greater Houston Boys and Girls Country Breakaway Buffalo Bayou Partnership Camp Aranzazu Casa de Esperanza Child Advocates Covenant House Dress for Success Houston For All Mankind Ministries Gracewood, Inc. Greater Houston Partnership Halo House Foundation

Houston Livestock Show & Rodeo Houston Maritime Museum Houston Parks Board Humble ISD Education Foundation JH Ranch Jimmy Pappas Memorial Shoot MD Anderson Cancer Center Memorial Assistance Ministries, Inc. Memorial Hermann Foundation OneGoal Refuge Foundation Rice Design Alliance Rice University Rummel Creek Elementary Salvation Army ARC SEARCH SpringSpirit Baseball Stages

Star of Hope Mission Stoney Creek Foundation Susan G. Komen for the Cure Texas A&M Foundation Texas Children’s Hospital Foundation The Center Foundation The Leukemia & Lymphoma Society The Methodist Hospital Foundation TheDream.US U of H United Against Human Trafficking West Houston Assistance Ministries WorkFaith Connection Yellowstone Academy YMCA of Greater Houston Young Life 12th Man Foundation

Moran Legacy Award

Advisory Board

The James A. Moran Legacy Award is an annual honor given by Midway to an individual or organization that exemplifies a lifelong commitment to our core values.

Adam Finn D. Fort Flowers, Jr. James Furr

2007

Amegy Bank

2008 Bob Brindley 2009 L&B Realty Advisors 2010

Valencia Group

2011

Jones Lang LaSalle Capital Partners

2012

UHY Advisors

2013

Upper Kirby Redevelopment Authority

2014

LaSalle Investment Management

2015

BoyarMiller

2016

Colvill Office Properties

2017

Cadence Bank

2018

Lionstone Investments

2019

OJB Landscape Architecture

James F. Jackson, Jr. Christopher M. Job Ron Nixon Dan Pickering Jim Vanderhider


Midway Summer Company Meeting

2019 Moran Event, The Jones on Main

Growth and Giving

60–61


Representative Sample of Midway’s 2019 Affiliated Organizations ACE Scholarships Aggie Park Alliance Defending Freedom American Heart Association Avenue CDC Boys & Girls Club of Greater Houston Boys and Girls Country Breakaway Buffalo Bayou Partnership Camp Aranzazu Casa de Esperanza Child Advocates Covenant House Dress for Success Houston For All Mankind Ministries Gracewood, Inc. Greater Houston Partnership Halo House Foundation

Houston Livestock Show & Rodeo Houston Maritime Museum Houston Parks Board Humble ISD Education Foundation JH Ranch Jimmy Pappas Memorial Shoot MD Anderson Cancer Center Memorial Assistance Ministries, Inc. Memorial Hermann Foundation OneGoal Refuge Foundation Rice Design Alliance Rice University Rummel Creek Elementary Salvation Army ARC SEARCH SpringSpirit Baseball Stages

Star of Hope Mission Stoney Creek Foundation Susan G. Komen for the Cure Texas A&M Foundation Texas Children’s Hospital Foundation The Center Foundation The Leukemia & Lymphoma Society The Methodist Hospital Foundation TheDream.US U of H United Against Human Trafficking West Houston Assistance Ministries WorkFaith Connection Yellowstone Academy YMCA of Greater Houston Young Life 12th Man Foundation

Moran Legacy Award

Advisory Board

The James A. Moran Legacy Award is an annual honor given by Midway to an individual or organization that exemplifies a lifelong commitment to our core values.

Adam Finn D. Fort Flowers, Jr. James Furr

2007

Amegy Bank

2008 Bob Brindley 2009 L&B Realty Advisors 2010

Valencia Group

2011

Jones Lang LaSalle Capital Partners

2012

UHY Advisors

2013

Upper Kirby Redevelopment Authority

2014

LaSalle Investment Management

2015

BoyarMiller

2016

Colvill Office Properties

2017

Cadence Bank

2018

Lionstone Investments

2019

OJB Landscape Architecture

James F. Jackson, Jr. Christopher M. Job Ron Nixon Dan Pickering Jim Vanderhider

www.midway.team

Profile for Midway

Annual Report 2019-20  

Annual Report 2019-20  

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