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NEW MODELS AND HOMESITES AVALAIBLE IN BRIDGELAND’S LAKELAND HEIGHTS COMMUNITY

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Traditional Neighborhood Development Features Historic Architecture, Modern Floor Plans

CYPRESS, TX (April 14, 2015) - Bridgeland is showcasing new models and homesites in Lakeland Heights, a walkable, Traditional Neighborhood Development (TND) where Main Street-style housing blends with shops, parks, restaurants and services, all following guidelines meticulously crafted by architectural powerhouse Looney Ricks Kiss (LRK).

From April 18 to May 3, the public is invited to take part in a ‘Walk-a-bout Spring Home Tour’ in Lakeland Heights. By touring all four models located in the TND section, participants will be entered to win a $2,500 gift card. Additionally, those who purchase during the promotional period can choose one of three incentives from the home builder – no closing costs, a Best Buy gift card or design center upgrades – all of which are valued at $3,500.

Defining elements of Lakeland Heights include its close proximity to Lakeland Village Center, Bridgeland’s first commercial area, rear-access garages and abundant green space. A highlight of the unique community is its half-mile waterway, featuring a landmark bridge, trails, creatively landscaped park space and seating areas.

Starting in the $250s, homes in Lakeland Heights are built by David Weekley Homes and J. Kyle Homes, while the area’s townhouse product is constructed by Perry Homes.

“We envisioned Lakeland Heights as a community where you’d see neighbors greet each other from their front porches and meet up at local parks, and we’ve seen that come to fruition since the neighborhood opened in 2010,” said Peter Houghton, Bridgeland’s vice president of master planned communities. “LRK extensively researched traditional Houston neighborhoods, including The Heights, West University Place, Southampton and Southside Place, for architectural inspiration, allowing us to create something that’s completely new to the Cypress area.”

Planned for 350 homes, Lakeland Heights incorporates Craftsman, English Tudor, Classical and French housing styles to heighten curb appeal. Diverse architectural styling that is historical in appearance is a recognizable feature of TNDs.

“Lakeland Heights appears to have evolved over time,” Houghton said.

Homes’ exterior cladding is made-up of brick, stucco or wood. Set behind the homes, garages are accessed via private rear lanes. Streetlights are reminiscent of those in River Oaks and other historic neighborhoods.

Despite the nostalgic architecture, homes will have the modern features today’s buyers expect, such as high ceilings, large closets, media rooms and state-of-the-art kitchens and bathrooms. Additionally, the townhomes in the TND are a part of a new ‘lock-and-leave program’ that includes all yard work and exterior maintenance, allowing for stress-free upkeep.

Many of the homesites face the waterway or a neighborhood park, and schools, churches and the Lakeland Village Center — a market square with shopping, services and dining — will be within walking distance. Also nearby is the Lakeland Activity Center, with an aquatic complex, tennis courts, boating and a 6,000-square-foot community center.

Gathering spots in Lakeland Heights include Festival Park, with a covered pavilion, and Central Park, which includes two acres of green space, an open play area and a formal garden. The three-acre Rabbit Run has active open space and is across the street from the Lakeland Activity Center.

To receive information on available homesites in Lakeland Heights, visit www.bridgeland.com or call 281.304.5588. Bridgeland is a wholly-owned subsidiary of The Howard Hughes Corporation that’s managed by The Woodlands Development Company.

About Bridgeland®

Bridgeland is an 11,400-acre master planned community in Cypress, Texas, located between U.S. 290 and Interstate 10 on Fry Road, and bisected by a segment of the Grand Parkway. Managed by The Woodlands Development Company, Bridgeland and The Woodlands share the same development philosophy and benefit from The Woodlands’ 40 years of successful real estate development. Both communities are listed among the top-selling master planned communities in Texas and the nation and offer a wide variety of housing options, extensive outdoor recreation and a focus on environmental preservation. For more information, visit www.bridgeland.com.

About The Howard Hughes Corporation®

The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. Our properties include master planned communities, operating properties, development opportunities and other unique assets spanning 16 states from New York to Hawai‘i. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC and is headquartered in Dallas, TX. For additional information about HHC, visit www.howardhughes.com.

Safe Harbor Statement

Statements made in this press release that are not historical facts, including statements accompanied by words such as “will,” “believe,” “expect,” “enables,” “realize”, “plan,” “intend,” “assume,” “transform” and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ materially are set forth as risk factors in The Howard Hughes Corporation’s filings with the Securities and Exchange Commission, including its Quarterly and Annual Reports. The Howard Hughes Corporation cautions you not to place undue reliance on the forward-looking statements contained in this release. The Howard Hughes Corporation does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.

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Contact

Audrey Roeder

The Howard Hughes Corporation

281-213-1131

audrey.roeder@howardhughes.com

Lona Shipp

The Howard Hughes Corporation

281-213-1117 or 713-851-4264

lona.shipp@howardhughes.com

Caryn Kboudi

The Howard Hughes Corporation

214-741-7744

caryn.kboudi@howardhughes.com

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