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History Timeline for The Woodlands, TX
The Woodlands Timeline
Grogan Cochran Lumber Company land purchased by George Mitchell.
A $50,000,000 loan guarantee from the government is approved under the Housing Act of 1970, and The Woodlands project moves forward. The Woodlands was the only loan guarantee project under the Housing Act that did not default on their loans.
The big day arrives!! The Woodlands celebrates its official Grand Opening, and home sales begin. Starting home price: $49,999. In time, The Woodlands becomes the fastest growing, new home sales leader in the Houston Metro area.
The man-made, 8-foot deep, 200 acre Lake Woodlands excavation is completed, and the lake is filled with water for the first time. The iconic Woodlands sculpture, 'Rise of the Midgard Serpent,' by Macr Rosenthall is installed that same year.
The Cynthia Woods Mitchell Pavilion, named for the wife of the founder of The Woodlands, opens in 1990. The Pavilion has become a major attraction in the Houston metro area for symphony, popular music and other cultural events.
In 1994, The Woodlands mall opens to the public, and signals the start of The Woodlands Town Center development. The Woodlands Mall eventually expands with outdoor shopping and is connected to The Woodlands Waterway project years later.
The Tinseltown movie theater becomes the first, much needed, movie theater to open in the area, with lines wrapping around the building on opening day.
The population of The Woodlands reaches 50,000 people. That same year the founder of The Woodlands, George Mitchell, sells The Woodlands Corporation to Morgan Stanley and Crescent Realty for $543 million dollars.
The Woodlands enters into a moratorium with the City of Houston to prevent annexation.
St. Lukes Hospital opens in 2003, providing a complement to Memorial Hermann and more medical facilities to the area.
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