Houston Suburb Approves $159M Bond for Convention Center

East Montgomery County Improvement District approved the sale and delivery of just over $159 million in sales tax revenue bonds for the construction of the district’s 210,000 square foot convention center and 813-space attached parking garage at the Valley Ranch Town Center in New Caney. New Caney is just east of The Woodlands.

Designed by Helman Hurley Charvat Peacock/Architects, the venue will feature a 55,000-square-foot ballroom/exhibit hall, nearly 20,000 square feet of meeting space, approximately 25,000 square feet of pre-function and lobby space and outdoor courtyards. The facility is large enough to hold major corporate events, trade shows, sporting events, consumer shows and entertainment events.

The plans also include space for a future full-service conference hotel to connect to the conference center and parking garage.

The Board selected SpawGlass as the Construction Manager at Risk (CMAR) on the project. Construction on the facility is expected to begin in January.

The project should generate about $35.1 million in sales, hotel, and venue taxes to the district.