Exxon HQ Being Redeveloped for Mixed Use
HOUSTON (GlobeSt.com) – PM Realty Group has purchased land in the Energy Corridor that includes the Exxon Chemical headquarters.
The locally based company plans to turn the 35 acres into a $1 billion development that will include retail, residential, restaurants, a hotel and potentially office towers.
ExxonMobil’s headquarters will likely be torn down, but a conference center on site is expected to be retained and incorporated into a new hotel on the property.
PM Realty Group’s financial partner on the project is Atlas U.S.A. Holdings. The project is envisioned to be similar to CityCentre.
