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    Exxon Campus Secrets

    Secrets of the new Exxon Mobil campus: Giant floating cube, basketball court and personal A C

    Eric Sandler
    Aug 15, 2013 | 11:16 am

    More details are emerging on the 385-acre mega campus that Exxon Mobil is building along the Hardy Toll Road 25 miles north of downtown Houston. Beginning next year, 10,000 employees will be divided into 20 buildings to consolidate the company's operations that are scattered in Houston, Virginia and other locations.

    With the campus described as "one of the largest commercial construction projects underway in North America" by project executive Jim Hennessy, the current issue of Exxon Mobil's shareholder newsletter The Lamp reveals the project's massive scope. "During a typical day, we have about 3,000 workers on site, 16 tower cranes and hundreds of pieces of mobile construction equipment," Hennessy noted.

    Known as the Energy Center, it will feature a "10,000-ton floating cube positioned 80 feet above the plaza and reflecting pool below.

    At the campus's entrance, there's a a three-acre commons that's "modeled after great public squares found in Europe and the United States." Known as the Energy Center, it will feature a "10,000-ton floating cube positioned 80 feet above the plaza and reflecting pool below." The space will also house restaurants, offices, meeting rooms, an auditorium and a 3,500-person outdoor plaza.

    The article also emphasizes the ways in which the campus is environmentally responsible. The landscaping has returned 70 native plants that were removed when the area was farmland. Buildings will be "40 percent more efficient than comparably sized buildings in Houston." Water collection systems and smart irrigation mean that "campus water usage will be reduced by 80 percent versus a comparable-sized development."

    There are also several features designed to promote employee comfort and wellness. For example, the climate control system allows for "personal control of workspace temperatures and lighting." Exercise opportunities will be available at a 10,000-square-foot Wellness Center that includes weights, treadmills and a basketball court. A Child Development center is available for children "six weeks to pre-kindergarten."

    “From the start, the campus was designed and is being built for the people who are going to use it,” Bryan Milton, president of Exxon Mobil Global Services Company, told The Lamp. “The offices, common areas, meeting places and amenities will significantly improve opportunities for collegiality and collaboration across organizations.

    "It will be a wonderful place to work, and will serve to propel ExxonMobil to greatness for generations to come.”

    That remains to be seen. What's certain is this campus is creating a lot of buzz — and changing Houston.

    The central quad features a 3,500 person outdoor plaza.

    ExxonMobile campus central quad August 2013
    PDR Corp.
    The central quad features a 3,500 person outdoor plaza.
    unspecified
    news/real-estate
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    housing affordability news

    This is how much Houston home prices have fallen since 2024

    Amber Heckler
    Jan 16, 2026 | 4:30 pm
    16403 Sheffield Run Drive, Houston home for sale
    Estately.com/
    This home at 16403 Sheffield Run Dr. in Houston's Berkshire Oaks neighborhood is on the market for $309,900.

    A new real estate analysis has revealed housing prices across the Southern United States have seen a major large-scale decline from 2024-2025, with Houston homebuyers experiencing the 11th-steepest "price correction" in the region.

    Houston-area buyers have a better chance of purchasing an affordable home this year after prices cooled 1.5 percent from 2024-2025, the study found.

    Online real estate marketplace Zoocasa compared year-over-year median price changes for single-family homes across 20 cities in the South based on local real estate data. The study also looked at housing affordability in the American West, Midwest, and Northeast.

    In Zoocasa's ranking of the Southern cities where affordability is improving the most, Houston ranked No. 11.

    In 2024, the median price for a single-family home in Houston was nearly $340,000, which has since dropped to $335,000 in 2025. Local sellers may not be happy about cooling prices, but it does make housing more attainable for first-time homebuyers.

    Better housing prices will surely attract even more new residents to the area, especially since Houston was the second-hottest destination for movers in 2025, and its suburbs are still booming in popularity.

    "Affordability is on the rise across Texas, with major cities seeing significant price corrections," the report said. "Most importantly for buyers, the median home price in each of these cities remains more affordable than the national median."

    The national median price of a home in the third quarter of 2025 was $426,800, according to the latest information from the National Association of Realtors (NAR).

    Housing affordability elsewhere in Texas
    Dallas was the No. 2 Southern city where housing is becoming more affordable. Dallas-Fort Worth's housing prices fell 5.71 percent from 2024-2025. The median price of a single-family home in North Texas fell from $397,700 to $375,000 during the one-year span.

    In Beaumont-Port Arthur (a metro area east of Houston), housing prices have fallen 4.62 percent year-over-year, making it the metro with the No. 5 steepest price correction in the South. Median home prices dropped to $217,000 in 2025, or $10,500 lower than the year before, the report found.

    Austin's housing prices fell 2.04 percent during the same time span, landing the Capital City in the No. 9 spot. The median price of a single-family home in Austin fell from $437,925 in 2024 to $429,000 last year.

    Surprisingly, San Antonio ranked near the bottom of the list with housing prices increasing by five percent year-over-year. Single-family homes in the Alamo City had a median price just under $300,000 in 2024, which spiked to $315,000 in 2025.

    Housing market predictions in 2026
    Zoocasa predicts the 2026 U.S. housing market is "poised for a steady revival" since mortgage rates have dipped nearly a full percentage point since this time last year. Current interest rates for a a 30-year mortgage are sitting at 6.16 percent, the study said.

    The NAR report additionally found that pending home sales have grown by 2.6 percent year-over-year from 2024.

    "Homebuyer momentum is building," said NAR Chief Economist Lawrence Yun. "The data shows the strongest performance of the year after accounting for seasonal factors, and the best performance in nearly three years, dating back to February 2023."

    The top 10 Southern cities where housing affordability is improving the most in 2026 are:

    • No. 1 – Naples-Immokalee-Marco Island, Florida
    • No. 2 – Dallas, Texas
    • No. 3 – Durham, North Carolina
    • No. 4 – Ocala, Florida
    • No. 5 – Beaumont-Port Arthur, Texas
    • No. 6 – Cape Coral-Fort Myers, Florida
    • No. 7 – Jacksonville, Florida
    • No. 8 – Atlanta, Georgia
    • No. 9 – Austin, Texas
    • No. 10 – Raleigh, North Carolina
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