In June, ExxonMobil, the largest oil and gas company in the U.S., announced it would build a campus just south of The Woodlands in Harris County, west of I-45 and south of the Hardy Toll Road. David Eglinton, ExxonMobil spokesperson, said the new campus will consolidate 8,000 employees working in the corporation’s Houston upstream head office and its chemical companies at several different locations throughout Houston.
It is easily assumed that the ExxonMobil campus development under construction will change the face of the North Houston business landscape. It will have an economic impacted estimated in the billions of dollars!
As an estimated 8,000 workers converge on a 385-acre site over the next three to four years, with them is expected an influx of support services, restaurants, entertainment facilities, residential developments and ancillary oil and gas ventures that could quickly shift the energy enterprise away from downtown Houston.
“There are very attractive things [in the North Houston area] that bring companies and employers,” said Jon Lindsay, president of the North Houston Association. “I think this is the premier place to be in Texas.”
The Woodlands already is home to corporate offices to two of the top five energy companies in the U.S., Anadarko Petroleum Corp. and Chevron Phillips Chemical Company.
Gil Staley, president of the South Montgomery County Economic Development Partnership, said in the wake of the ExxonMobil move, more are on the way.
“The [oil and gas] industry as a whole is going to be our growth sector, without a doubt,” Staley said. “A number of projects we’re working on are oil and gas related, and more specifically oil and gas exploration.”
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