The Transformation Of Downtown Columbia Into Hub Of Tech

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 The Howard Hughes Corporation® (NYSE: HHC) and Maryland Governor Larry Hogan celebrated breaking ground today on the first urban, walkable neighborhood to be created within the Merriweather District, celebrating The Howard Hughes Corporation’s continued transformation of the district and the revitalization of Downtown Columbia. The development of a new office building to be anchored by Tenable® Inc., one of the largest and fastest-growing cybersecurity companies in the country, marks the latest milestone in Downtown Columbia’s emergence as a vibrant commercial hub for technology and innovation.

“The Merriweather District represents the future of Maryland’s tech evolution, and as the future home of Tenable’s new headquarters, it also means hundreds of new jobs right here in Columbia,” said Governor Larry Hogan. “Congratulations once again to Tenable, to The Howard Hughes Corporation, and to everyone involved in this exciting initiative. Thank you for ensuring that when it comes to cybersecurity, Maryland will continue to lead here at home and on a global scale.”

“We are pleased to be able to build on the foundation laid by visionary developer James Rouse as we continue to reinvent Downtown Columbia’s legacy and transform it into a technology hub and vibrant destination for people to live, work, and play,” said David R. Weinreb, CEO, The Howard Hughes Corporation. “At The Howard Hughes Corporation, we are committed to building for the future. From the inaugural OPUS 1 music and technology festival we launched last year to the LEED rating and self-parking technology we are integrating into the Merriweather District, Downtown Columbia is a consummate example of our passion for innovation.”

The groundbreaking highlighted plans to include a 12-story, 350,000-square-foot signature and LEED-silver-certified office building that will serve as the new headquarters for Tenable. Tenable is scheduled to move to 6100 Merriweather Drive in late 2019, occupying approximately 150,000 square feet on the 7th-12th floors. In addition, plans were announced for a neighborhood amenity to harness the emerging technology of autonomous parking. The Merriweather District buildings will be powered by STEER technology, the first fully-autonomous parking solution transforming everyday cars into driverless vehicles that self-park. This integration will transform the Merriweather District into the first city in the country to be built for automated self-parking cars.

The ceremony also served to recognize the Merriweather District as the first LEED Neighborhood Development v4 in Maryland, making it the second development to achieve this certification on the East Coast, fifth in the U.S., and 10th in the world. LEED v4 is the highest level of LEED certification and is called the LEED of the future for being the highest performance-based approach that calls for measurable results throughout a building’s life cycle certification.

“These outstanding companies and ‘smart-city’ amenities exemplify our bold vision for Downtown Columbia and our community-centered approach to business,” said John DeWolf, President, Columbia, The Howard Hughes Corporation. “The Merriweather District is designed to be a dynamic live-work-play destination with access to unique offerings, great restaurants and an iconic entertainment venue within a beautiful, walkable environment.”

The new Merriweather District trophy office building will join One and Two Merriweather, a collection of Class-A mixed-use office buildings already located in the district. Tenable’s expansion reflects Downtown Columbia’s burgeoning cybersecurity industry with its proximity to the National Security Agency at Fort Meade, a built-in, highly-skilled and educated workforce, and a new amenity-rich downtown. To date, 10 percent of the redevelopment plan is under construction or complete.

The Merriweather District’s revitalization will include 2,300 residences, a 250-room hotel, over 1.5 million square feet of office space, and 314,000 square feet of street retail with a central park. Environmental enhancements, such as reforestation and stream restoration, are already under way. At full build-out, the Downtown Columbia revitalization, including the Merriweather District, will include 14 million square feet of mixed-use development.

The dynamic transformation of the Merriweather District is emblematic of the many developments across the company’s portfolio, including Hughes Landing® in the Texas community of The Woodlands® and Downtown Summerlin® in Nevada, where development has accelerated to meet market demand for live-work-play environments.

About Tenable
Tenable®, Inc. is the Cyber Exposure company. Over 24,000 organizations around the globe rely on Tenable to understand and reduce cyber risk. As the creator of Nessus®, Tenable extended its expertise in vulnerabilities to deliver Tenable.io®, the world’s first platform to see and secure any digital asset on any computing platform. Tenable customers include more than 50 percent of the Fortune 500, more than 20 percent of the Global 2000 and large government agencies. Learn more at www.tenable.com.

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