Mpact Report No. 54 by Midway + Parkway

MPACT REPORT NO. 54

SECTION

Resilience

Demonstrating one of our core values, integrity and adapting in the face of adversity.

MPACT REPORT NO. 54

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MPACT REPORT NO. 54

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MPACT REPORT NO. 54

Featured Project Tree Farm at East River EASTRIVERHTX.COM

300

TREES SAVED

SECTION

MPACT REPORT NO. 54

FOREWORD MPACT REPORT NO. 54 SECTION

Foreword Strive to make the environments we create cleaner, greener, safer, & appealing for all. Midway is committed to creating enduring investments

The demolition process has begun to make way for

and remarkable places that enrich people’s lives through

CITYCENTRE Seven, the latest significant development at

innovative design, engaging activations, and sustainable

CITYCENTRE that is designed to add additional Class A

environments. Led by our core values— passion, integrity,

office space and retail and restaurants to this high-demand

adaptability, quality, initiative, teamwork, generosity, and

property. Marriott International has awarded a franchise for

urgency— our purpose drives us to invest, develop, operate,

bringing the company’s design-driven AC Hotels brand to

and activate developments of distinction that create a lasting

CITYCENTRE, which we will also develop.

positive legacy.

We are partnering with Bluebonnet Nutrition Corp to develop

Over the past year, we have established ourselves as an

a new 128,000 square-foot industrial facility in Sugar Land,

industry trailblazer, setting new standards for real estate

Texas. Specifically constructed to meet Bluebonnet’s design

development that show how future generations live, work,

and physical specifications in response to its considerable

and connect. Our developments continue to create jobs

growth in production, the project demonstrates Midway’s

and grow economies; they improve the resiliency and

continued strength in single-tenant, build-to-suit industrial

connect the communities in which they are domiciled. We

development.

undertake these developments intending to be informed stewards of our limited natural resources and strive to make the environments we create cleaner, greener, safer, and

Lastly, construction is underway on Aggie Park, which transforms 20 acres in the heart of Texas A&M’s campus into enhanced outdoor spaces for study and relaxation,

appealing for all.

entertainment, and recreation for students and visitors.

In 2021, our 53rd year, our properties achieved essential

Serving as a project manager, Midway is spearheading

milestones in Houston and beyond as we broadened our

the development on behalf of The Association of Former

reach into other major Texas markets.

Students with the goal of bringing the Aggie network together for generations to come.

As a result of significant leasing success at East River, vertical construction has commenced on the retail,

Looking back, we are proud of our strides in achieving our

restaurant, office, and residential spaces for the project’s

strategic goals. Our expertise and diverse team members

first phase. Designed to grow and evolve through multiple

enable delivery, but the partnerships we create with the

phases across a decades-long development horizon,

communities in which we are active ensure long-term

the mixed-use development is anticipated to transform

success. Our teams help us deliver on our purpose to create

Houston’s waterfront east of Downtown into a new economic

enduring investments and remarkable places that enrich

center. Later this year, East River 9, a nine-hole, par-three

people’s lives. We are excited to continue our progress

golf course open to the public, and Riverhouse Houston,

and carry this momentum into the future. I look forward

a family-friendly restaurant and patio bar, will open at East

to another year of progress and remain excited at the

River. This community-oriented activation will welcome

opportunities for growth and success that lay ahead.

neighboring residents to the site that has been closed to the public for over 75 years.

Brad Freels Chairman + CEO

MPACT REPORT NO. 54

SECTION

Actions follow beliefs. Our values, and remarkable people who share our values, are the foundation upon which Midway is built.

MPACT REPORT NO. 54

SECTION CONTENTS

CONTENTS

Midway Places

Our Values

Our Services

Our Projects

What We Create

What We Believe

What We Do

MILESTONES

East River Groundbreaking The Laura Groundbreaking Lone Star District Demolition Aggie Park Construction Bluebonnet Construction Begins Watermark Acquisition

Building + Fostering

Marquee Events + Experiential Activations

Strong Partnerships

Events + Activations Pop-Ups Art Abounds

Amplifying Our Voices

Forward Thinking

At A Glance

Our Legacy

Diversity + Inclusion Committee

Business Continuity Team

Midway Foundations

Moran Event

MPACT REPORT NO. 54

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M I D WAY P L A C E S

What WHAT We Create WE CREATE

MPACT REPORT NO. 54

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Featured Project East River Arriving 2023 EASTRIVERHTX.COM

We design places to inspire and delight.

MPACT REPORT NO. 54

SECTION WHAT WE CREATE

C O L L EG E S TAT I O N , T X

100% G R E E N S PAC E

TOTA L S I Z E

871K S F

20 AC

HOUSTON, TX

11% O F F I C E

37K SF

01% R E TA I L

2K SF

26% GROCERY TOTA L S I Z E

40 AC

91K S F

6 2 % M U LT I FA M I LY 2 3 2 U N I T S

C O L L EG E S TAT I O N , T X

TOTA L S I Z E

40 AC

13% O F F I C E

90K SF

22% R E TA I L

150 K S F

33% HOTEL

229K SF

3 2 % M U LT I FA M I LY 24 9 U N I T S

HOUSTON, TX

TOTA L S I Z E

47 A C

HOUSTON, TX

40% OFFICE

1059 K S F

21% R E TA I L

570K SF

8% HOTEL

215 K S F

31% M U LT I FA M I LY 815 U N I T S

PHASE 1

65% OFFICE

300K SF

15% R E TA I L

100 K S F

5% G R E ENSPACE TOTA L S I Z E

150 A C

26 AC

12 K S F

15 % M U LT I FA M I LY 3 6 0 U N I T S

MPACT REPORT NO. 54

SECTION WHAT WE CREATE

HOUSTON, TX

TOTA L S I Z E

20 AC

43% OFFICE

348K SF

34% R E TA I L

268K SF

23% HOTEL

188 K S F

94% O FFI C E

870K SF

03% R E TA I L

25K SF

03% FOOD HALL

21K S F

50% OFFICE

40K SF

50% R E TA I L

40K SF

59% OFFICE

44K SF

41% R E TA I L

31K S F

HOUSTON, TX

TOTA L S I Z E

25 AC

KINGWOOD, T X

TOTA L S I Z E

20 AC

SAN ANTONIO, T X

TOTA L S I Z E

32 AC

HOUSTON, TX

10% R E S I D E N T I A L TOTA L S I Z E

20 AC

89 LOTS

MPACT REPORT NO. 54

SECTION OUR VALUES

WHAT WE BELIEVE

Integrity WE

do what is right

NO MATTER WHAT.

Initiative WE

take responsibility

& CREATE CHANGE.

Authenticity and transparency are central to

We strive to make a difference, regardless of

our conduct; we say what we mean and honor

obstacles and resources.

our word.

Passion IT IS

never

AN ACCIDENT.

Teamwork SUCCESS IS ACHIEVED

when everyone wins .

Passion is the fuel that drives us forward.

When we succeed together, without worrying about

We can accomplish the unthinkable with a

who gets credit, we succeed with humility.

passionate group of people working toward common goals.

Urgency everything

Adaptability change is inevitable

Working with a sense of urgency is critical

- WE ADAPT TO IT, OR WE BECOME EXTINCT.

in everything we do. We act promptly and

We instinctively look at the world with open eyes

WE DO.

with intention, striving to make things happen efficiently and effectively.

Quality THOUGHTFULNESS & INNOVATION mark our work .

and anticipate change. This gives us the resolve to differentiate ourselves from the commonly accepted formula.

Generosity TO WHOM MUCH IS GIVEN, much is expected .

We believe quality results from our high

Our talents were not given to us solely for our

intentions, sincere effort, intelligent direction,

benefit and success but also to enable us to give

and skillful execution; it represents the wise

back and make a positive impact in the lives of

choice of many alternatives.

people in the communities where we live and work.

MPACT REPORT NO. 54

SECTION

INTEGRITY PASSION ADAPTABILITY QUALITY INITIATIVE TEAMWORK URGENCY GENEROSITY

MPACT REPORT NO. 54

SECTION OUR MPACT SERVICES REPORT NO. 54

WHAT WE DO Midway is an investment and development firm focused on

We own, develop, operate, and market these assets in many

differentiated core infill real estate in mixed-use environments.

cases and offer our development, strategic advisory + leasing,

We utilize three investment strategies—develop-to-core,

management, and marketing services to those who seek our

value-added repositioning, and covered land opportunities,

expertise.

to strategically optimize the mix of location + product + experience to create remarkable places that are enduring core investments.

CORE INVESTMENT

DEVELOP-TO-CORE Creating core investments at a wholesale price

VALUE-ADD Purchasing & repositioning under-performing assets into core investments

COVERED LAND Holding generational real estate with current income for future develop-to-core investments

INVESTMENT + DEVELOPMENT

▪ ▪ ▪

Identify and produce enduring investments Deliver remarkable execution, on time, on budget Create remarkable places

MPACT REPORT NO. 54

SECTION

INVESTMENT MANAGEMENT

▪ ▪ ▪ ▪

Capitalize and manage enduring investments Deliver remarkable customer experiences Uphold the highest fiduciary standards Acquire and reposition existing assets

PROPERTY OPERATIONS

▪ Operate enduring investments ▪ Deliver remarkable tenant & customer experiences ▪ Create operational & asset performance

STRATEGIC LEASING + ADVISORY

▪ Develop and implement commercial leasing and merchandising strategies

▪ Maintain close tenant relationships and produce ▪

synergy across the portfolio Bolster Midway’s placemaking objectives and increase investor value

MIDWAY CREATIVE GROUP

▪ Brand & activate enduring investments ▪ Deliver remarkable experiences ▪ Create engagement, build awareness and demand

HOSPITALITY DEVELOPMENT GROUP

▪ Actively manage existing restaurant concepts ▪ Identify opportunities for restaurant acquisitions ▪ Develop and operate new restaurant concepts

MPACT REPORT NO. 54

SECTION

OUR PROJECTS

Milestones

MPACT REPORT NO. 54

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Featured Project East River Arriving 2023 EASTRIVERHTX.COM

MPACT REPORT NO. 54

SECTION

2021 MILESTONES Phase 1 Development Located on approximately 26 acres at the intersection of

spaces. At the heart of the first phase will be more than 3

Jensen Drive and Clinton Drive, East River Phase 1 is

acres of greenspace and a bayou park with a full calendar

comprised of three main uses: The Laura, a five-story,

of activations, including events and live music. Located on

modern-industrial multifamily community; approximately

the Buffalo Bayou, East River’s hike and bike trails will also

300,000 square feet of office space; and 100,000 square feet

be connected to the nearly 500 miles of bike lanes and trails

of retail that will fuse commerce and culture with restaurant,

throughout Houston.

hospitality, retail, medical, and entertainment forming ACRES

R E TA I L S PA C E

100K SF

COMPLETED

M U LT I FA M I LY U N I T S

2023 G R E E N S PA C E

3AC

HOUSTO N , TX

P HA S E 1

360 O F F I C E S PA C E

300K SF

MPACT REPORT NO. 54

SECTION OUR PROJECTS

Breaking Ground On East River, Announcing First Tenants In Phase 1 In August of 2021, Midway broke ground on its 150-acre East River development, one of the most impactful urban revitalizations for a generation in Houston’s urban core. Designed to grow and evolve through multiple phases across a decades-long development horizon, East River will transform the city’s waterfront east of Downtown into a new economic center. Alongside

2021

commemorating this significant milestone, Midway announced multiple office tenants and

PHASE 1 BEGINS

many new retailers joining the development’s first phase, slated for completion in 2023.

2023 PHASE 1 COMPLETE

"This is a project that can uplift The Fifth Ward and The Second Ward."

Mayor Sylvester Turner

MPACT REPORT NO. 54

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2021 MILESTONES Demolition Begins at Lone Star in San Antonio, Texas In the summer of 2021, demolition officially kicked off at

doing things the right way—not in a hurry and built to last for

Lone Star District located in San Antonio, Texas. The project

generations. Ultimately, the project will be a remarkable place

has numerous historical buildings throughout the site, and

that enriches people’s lives and restores a once cherished

careful development and preservation efforts are focused on

community destination in the heart of Southtown.

ACRES

R E TA I L / F O O D

50K SF

COMPLETED

2022 G R E E N S PA C E

2AC

SAN AN TO N I O, TX

M U LT I FA M I LY U N I T S

P HA S E 1

250 OFFICE

100K SF

MPACT REPORT NO. 54

SECTION OUR PROJECTS

Rebranding Lone Star District When tasked with re-branding the Lone Star site, Midway Creative Group knew the importance of giving a nod to the brewery's history while also embodying a feeling of excitement for a new destination that will serve locals and regional travelers alike. Many new developments begin with a clean slate and define their brand through the audience and the tenants they want to target. Still, at Lone Star District, we challenged ourselves to complement and enhance a brand

2020 PURCHASED SITE

The 32-acre brewery site has sat vacant south of downtown since 1996 but has left a positive impact on the community since it began brewing beer on-site in 1933.

already cherished by the community.

MPACT REPORT NO. 54

SECTION

2021 MILESTONES 2021 MILESTONES

Midway Leads Development Of Aggie Park On Texas A&M Campus Midway announced construction is underway on Aggie Park.

students, and visitors. Construction on Aggie Park began in

Serving as a project manager, Midway contributes its time

August 2021, and the project’s 20 acres of greenspace are

and resources on a pro-bono basis, transforming 20 acres

anticipated to open by Texas A&M’s fall 2022 semester.

in the heart of Texas A&M’s campus into enhanced outdoor spaces for study, relaxation, entertainment, recreation for ACRES

COMPLETED

2023 P ROJ E C T S C OP E

NEW TREES

700 +

COLLEGE STATI O N , TX

MPACT REPORT NO. 54

SECTION OUR PROJECTS

Midway Leads Development of Aggie Park Funded by The Association of Former Students and operated by Texas A&M University, Aggie Park marked Midway’s third endeavor with Texas A&M. In 2008, Midway was selected to renovate the Clayton Williams Junior Alumni Center completely at Texas A&M. Then, nine years later, Midway developed Century Square, a 40+ acre, mixed-use development that creates a premier district for the community to connect in an active,

2021

urban setting. It is the first of its kind in the BryanCollege Station area and breathes new life into

CONSTRUCTION BEGINS

a space with premier retail, local dining, and two boutique hotels tied together by an activated central gathering space. Construction on Aggie Park began in August 2021, and the project’s 20-acres of greenspace

2023 PROJECT COMPLETE

A premier green space, bringing the Aggie Network together for celebration, relaxation, & inspiration.

are anticipated to open by Texas A&M’s fall 2022 semester.

GE VIEW 1

MPACT REPORT NO. 54

SECTION

Bluebonnet Midway has partnered with Bluebonnet Nutrition Corp, a

Acting as project manager, Midway worked with JLL

nutritional supplement manufacturer, and distributor, to

to source the land of the 7.44-acre site located with

develop a new 128,000 square-foot industrial facility for the

Sugarland Business Park. Midway is also designing

company. The new structure will be the company’s third

and overseeing the construction of Bluebonnet’s new

and most prominent location in Sugar Land, Texas, and

facility, which includes approximately 80,000 square feet

will enable a significant expansion of its manufacturing,

of warehouse space alongside 28,000 square feet of

laboratory testing, and distribution capabilities.

manufacturing and 20,000 square feet of office and lab

BUILDING IMAGE 1

space. WA R E H O U S E

80K SF T O TA L

128

M A N U FA C T U R I N G

K SF

P ROJ E C T SPECS

28K SF OFFICE

20K SF

HOUSTO N , TX

Expand & Develop

NSTRUCTION, PERMIT, OR REGULATORY APPROVAL. *RENDERING IS REPRESENTATIVE OF DESIGN INTENT ONLY. IT IS NOT A PHOTOREALISTIC REPRESENTATION OF ACTUAL MATERIALS PROPOSED AND SHOULD BE CONSIDERED PRELIMINARY AT ALL STAGES.

PPROXIMATE UNTIL BUILDING FOOTPRINT / ENTRY DESIGNS ARE FINALIZED.

ONNET OR AY

03/05/21

MPACT REPORT NO. 54

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Acquisition Spotlight Midway partnership purchased the 70-acre property located at I-10 and Eldridge. In line with Midway’s track record of developing uniquely transformational real estate projects, plans are underway to create a sustainable environment, connecting and energizing the area through innovative design. G R E E N S PA C E

24AC

T O TA L

T O TA L S Q U A R E F T.

1.3M

P ROJ E C T SPECS

PA R K I N G S PA C E S

2,200

HOUSTO N , TX

Preserve & Transform

TEXAS

Author

201215

MPACT REPORT NO. 54

SECTION

BUILDING + FOSTERING

Strong Partnerships

MPACT REPORT NO. 54

SECTION

Featured Project CITYCENTRE CITYCENTREHOUSTON.COM

MPACT REPORT NO. 54

SECTION + FOSTERING BULDING

NEW RELATIONSHIPS ESTABLISHED IN 2021 C AT E G O R Y

PLACE

Office

CIT YCENTRE

Retail

GreenStreet

Retail

East River

Office

Memorial Green

Retail

CIT YCENTRE

Retail

East River

Retail

Kings Harbor

Office

East River

Office

CIT YCENTRE

Office

CIT YCENTRE

Retail

CIT YCENTRE

Retail

Century Square

Multifamily

East River

Retail

Century Square + East River

MPACT REPORT NO. 54

SECTION + FOSTERING BULDING

C AT E G O R Y

PLACE

Co-Working

GreenStreet

Office

East River

Office

Kings Harbor

Retail

East River

Office

CIT YCENTRE

Retail

CIT YCENTRE

Retail

East River

Retail

CIT YCENTRE

Co-Working

GreenStreet

Retail

CIT YCENTRE

Office

East River

Retail

East River

Office

Memorial Green

Retail

GreenStreet

Retail

East River

Retail

Century Square

MPACT REPORT NO. 54

SECTION MARQUEE MPACT REPORT EVENTS NO.+ 54 EXPERIENTIAL ACTIVATIONS

EVENTS + ACTIVATIONS Activations are at the heart of our properties and foster the

Activating for the public in a post-pandemic environment

sense of community that visitors have come to know and

created its challenges and allowed for new and exciting

appreciate. 2021 started strong when Midway announced

opportunities. Utilizing brand-new technology and transformed

Moonstruck Drive-In Cinema at East River was selected as

outdoor space, Midway Creative Group curated events such

one of only three satellite locations in Texas for the Sundance

as the Listening Lights at CITYCENTRE, an immersive digital

Film Festival. Creating transformational experiences is a

holiday light activation that sparkled by sound, and the 10th

cornerstone of how we engage and embrace surrounding

annual outdoor dog festival “Puppies for Breakfast” at East

communities.

River.

Creating transformational experiences is a cornerstone of how we engage & embrace surrounding communities.

CITYCENTRE

CENTURY SQUARE

200

250

EAST RIVER

MEMORIAL GREEN

8 GREENSTREET

500+ EVENTS IN 2021

6 KINGS HARBOR

MPACT REPORT NO. 54

SECTION CENTURY SQUARE

B IERGARDEN

850K

200+

75K

PR I M PR ESSI ONS

V I SI TOR S PER W EEKEND

PR VALU E

CITYCENTRE

H A L L OW E E N T R I C K- O R -T R E AT

3,000

TENAN T S PARTI CI PAT E D

VI SI TO RS

EAST RIVER

P U P P I E S F O R B R E A K FA S T

40+

2,000 VIS ITO RS

VE N DO R S

GREENSTREET

H AV E A N I C E D AY MARKET

20+

800

MI N O R I T Y- OW N ED BU S I N E S SES

V I S I TO R S

KINGS HARBOR

L A B O R D AY F I R E WO R K S + C O N C E R T

500+ V I SI TOR S

PR I M PR ESSI ONS

136K

PR VALU E

MPACT REPORT NO. 54

SECTION MARQUEE MPACT REPORT EVENTS NO.+ 54 EXPERIENTIAL ACTIVATIONS

POP-UPS 2021 led to the launch of many exciting pop-ups throughout the Midway portfolio. From delightful candy-filled adventures to Instagram-worthy selfie backdrops, our patrons and tenants enjoyed many new experiences.

C I T YC E N T R E

JULY 2021

AUG 2021

CENTURY SQUARE

JAN - JULY 2021

“Instaland BCS offers an innovative experience, and we are extremely excited to welcome them to Century Square at the beginning of the year. We strive to redefine the conventional shopping center environment, and Instaland BCS adds a dynamic concept for visitors to enjoy.” Lacee Jacobs

SVP of Strategic Leasing + Advisory

MPACT REPORT NO. 54

SECTION

“We are pleased to bring the Tootsies experience to our customers in the Memorial area," said Norman Lewis, Tootsies owner. "Shoppers will find beautiful collections at Memorial Green; a great selection of merchandise at sale price." Norman Lewis Tootsies Owner

GREENSTREET

JAN - FEB 2021

JUNE - AUG 2021

MEMORIAL GREEN

JAN 2021

MPACT REPORT NO. 54

SECTION + ACTIVATIONS EVENTS

ART ABOUNDS The cornerstone of each destination, Midway creates an

Placemaking public art is more relevant now than ever, and

expertly designed and activated public space intended for

Midway is uniquely committed to supporting artists and sharing

people to connect in new, transformational ways. Public art

these experiences with diverse communities.

enlivens Midway’s portfolio, from Instagram-worthy murals to interactive installations and rotating museum-quality exhibitions to unique multimedia pieces.

C I T YC E N T R E Art at CITYCENTRE is a museum-quality rotating art program featuring new and engaging exhibitions of works from Texas-based artists and galleries. The program is now in its fifth iteration, serving visitors and tenants of CITYCENTRE’s office lobby spaces across the campus.

Flowers for Mom DUAL

Disassemble Karen Navarro

Pattern Play Chris Cascio

Lululemon Mural Hugo Perez

Fractal Nature Melissa Borrell

Garden Variety Melissa Borrell

EAST RIVER Explore East River David Maldonado

Midway’s 150-acre East River development has debuted a 60’x20’ Houston-themed mural on Jensen Drive and Clinton Drive. Local artist David Maldonado spray-painted the piece on-site over two weeks, using six shipping containers as his canvas. Inspired by the surrounding Historic Fifth Ward and East End neighborhoods, the mural represents a blending of these vibrant east side communities.

MPACT REPORT NO. 54

SECTION + ACTIVATIONS EVENTS

GREENSTREET Located in the heart of Downtown, GreenStreet’s rotating art program delights office workers and entertainment seekers alike with its impactful works.

#HopeForHOU Mural Midway

BCycle Mural Shelbi Nicole

#StickTogetherHOU Midway

Space Mural DonkeeBoy

All That is Possible is Real Alicia Eggert

Ascending Focus Louise Foo & Martha Skou

CENTURY SQUARE Century Square’s Howdy from Aggieland mural in College Station has become a local icon. The Midway leadership team is heavily comprised of former students of Texas A&M who are deeply engaged in the University’s culture and its vision for the growth of the Brazos Valley. The Instagram-famous mural by Kathy Hammond solidifies Century Square’s deeply rooted connection to the University and its culture.

West Texas Sunset Alex Arzu

Gig 'Em Sculpture Reverand Butters

Howdy from AggieLand Kathy Hammond

MPACT REPORT NO. 54

SECTION AMPLIFYING OUR VOICES

DIVERSITY + INCLUSION COMMITTEE Our Diversity + Inclusion committee continues to gather

specific organizations to identify diverse candidate pools.

information and identify areas for improvement. In 2021, the

These action items and additional recommendations from the

committee presented an internal framework for progress. Our

Diversity + Inclusion committee will ensure our team is the very

Team Relations also evaluate talent acquisition and recruitment

best it can be.

to foster partnerships with education institutions and industry-

TEAM MEMBERS

Anna Deans

Vice President Investment + Development

Lacee Jacobs

Senior Vice President Strategic Leasing + Advisory

Rachel Francois

Senior Accountant Financial Operations

Jessica Noriega

Senior Associate Property Operations

Laura Harness

Senior Associate Strategic Leasing + Advisory

Mic Street

Property Engineer Property Operations

MPACT REPORT NO. 54

SECTION THINKING FORWARD

BUSINESS CONTINUITY TEAM Midway formalized an internal Business Continuity Team to

overseeing communication strategies and channels for our

ensure the firm takes every reasonable step to evaluate and

teams. The team meets regularly to establish, review, and

ensure critical operations can continue during and after an

reevaluate overall corporate business continuity plans and on

unforeseen event and discuss strategies related to potential

an ad hoc basis given any potentially interruptive event.

business interruption. This includes creating necessary policies, addressing contingencies, making decisions, and

TEAM MEMBERS

Taren Adams

Senior Manager Team Operations

Shannon Bedinger

Senior Vice President Midway Creative Group

Pam Jesse

Chief Financial Officer Leadership Team

Micah Hart

Senior Vice President Property Operations

Bo Sanford

Chief Risk Officer Leadership Team

MPACT REPORT NO. 54

SECTION AT A GLANCE AT MPACT A GLANCE REPORT NO. 54

MIDWAY FOUNDATION The Midway Foundation was formed in 2003 with the mission of empowering Midway Team Members to become leaders in the markets where we

operate by serving the underprivileged,

will provide a true home-away-from-home

supporting education, improving health,

to blood cancer patients during their

and strengthening our communities.

treatment times at the Texas Medical

This mission has guided us to some

Center.

of our most humbling and gratifying

Since its inception, the Midway

projects in our communities. Recently,

Foundation has contributed over $6

Midway helped raise the capital and,

million to local and national organizations

along with The Morgan Group, built Halo

that support health, education, arts, civic,

House’s new $13 million facility providing

and the underprivileged.

complimentary services. This new facility

MPACT REPORT NO. 54

SECTION

Associated Builders and Contractors

Energy Corridor District

Houston Region Business Coalition

Astrodome Conservancy

Fifth Ward Community

Avenue CDC

Redevelopment Corporation Fifth Ward TIRZ (TIRZ 18)

International Council of Shopping Centers (ICSC)

Commercial Real Estate Women (CREW)

Goodwill Industries

Central Houston, Inc.

Greater Houston Partnership

Certified Commercial Investment Member

Halo House

City of Houston Dress for Success Houston

Houston Downtown Management District

East End District

Houston Exponential (HX)

East River Municipal Management District (HCID #23)

Houston Realty Business Coalition

Houston Apartment Association

Koch Institute Memorial Redevelopment Authority (TIRZ 17) National Apartment Association

Society of Industrial and Office Users Texas A&M Association of Former Students Texas A&M Real Estate Council (TAMU RE) Texas Real Estate Commission

National Multifamily Housing Council

University of Houston

National Association of Industrial and Office Properties (NAIOP)

Urban Land Institute West Houston Association

Scenic Houston

Yellowstone Academy

Society for Human Resource Management

Young Life

MPACT REPORT NO. 54

SECTION

Celebrating monumental partnerships

MPACT REPORT NO. 54

SECTION OUR LEGACY

MORAN EVENT More than 125 Midway team members, investors, partners,

Lionstone Investments, Cadence Bank, and Colvill Office

tenant prospects, and representatives from the Fifth Ward

Properties. Midway honored two partners with the 2021 Moran

community gathered for Midway’s annual Moran Event.

Legacy Award for the first time in its history: ESC Federal and

Created in honor of our founder, Jim Moran, the luncheon

Prosperity Bank.

took place on the site of Midway’s East River development in East Downtown. Guests enjoyed live music and casual lunch fare from local food trucks, Da Smoke Wagon, and Boombox Taco while taking in the breathtaking downtown skyline and bayou views.

Handpicked by Midway’s Executive Leadership Team, ESC Federal is the firm’s janitorial partner throughout its extensive mixed-use portfolio. Midway is grateful to partner with ESC Federal’s hardworking team of individuals who were instrumental in Midway’s pandemic response, supporting

The James A. Moran Legacy Award is an annual honor given by Midway, in honor of our founder, to an individual or organization that exemplifies a lifelong commitment to the firm’s core values. Since the award’s inception in 2007, honorees have included OJB Landscape Architecture,

tenants and patrons throughout the difficult time. Similarly, when the pandemic hit, Midway’s long-term partner Neal Briers, Prosperity Bank’s Area President in Bryan/College Station, was a critical partner for the firm.

“Midway upholds its commitment to vision, passion, teamwork, and generosity through ongoing connection to the values of founding partner Jim Moran: a family man, athlete, veteran, industry pioneer, and dedicated philanthropist. We couldn’t be prouder of our teams on the ground and our valued partners. To all of you who help us deliver our purpose to deliver remarkable places that enrich people’s lives, we are grateful and excited for what’s to come!”

Brad Freels

Chairman + Chief Executive Officer

James A. Moran 1927 - 1999

Moran Legacy Award The James A. Moran Legacy Award is an annual honor given by Midway to an individual or organization that exemplifies a lifelong commitment to our core values.

2007

Amegy Bank

2014

LaSalle Investment Management

2008

Bob Brindley

2015

BoyarMiller

2009

L&B Realty Advisors

2016

Colvill Office Properties

2010

Valencia Group

2017

Cadence Bank

2011

Jones Lang LaSalle Capital Partners

2018

Lionstone Investments

2012

UHY Advisors

2019

OJB Landscape Architecture

2013

Upper Kirby Redevelopment Authority

2021

Prosperity Bank + ESC Federal

MPACT REPORT NO. 54

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MPACT REPORT NO. 54

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MPACT REPORT NO. 54

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M I D W AY. T E A M

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