HOUSTON—Woodbine Development Corp. and InterMountain Management (IMM) recently finalized the purchase of nearly three acres in Springwoods Village from CDC Houston to develop a second hotel in the master-planned community, about 20 miles north of downtown.

Construction on the Courtyard by Marriott hotel began June 1 and the property is scheduled to open in the second quarter of 2016.

Situated on Holzwarth Road just south of a Residence Inn by Marriott—slated to open in September 2015—the Courtyard by Marriott will serve the ExxonMobil campus, Southwestern Energy headquarters, CHI St. Luke's medical campus and other employers in the North Houston area.

“The Marriott Residence Inn and Courtyard by Marriott hotels side-by-side in Springwoods Village are going to provide two good options for residents and companies in the community,” Keith Simon, executive vice president of CDC Houston, told GlobeSt.com.

The hotel is being developed to meet LEED certification design and construction criteria and will feature 125 guestrooms, including suites; 1,200 square feet of meeting space; a 1,000-square-foot fitness center; and 6,300 square feet of outdoor space with a swimming pool, patio and a fire pit.

The new hotel is being co-developed by Woodbine and IMM, who will also manage the hotel, in partnership with USAA Realco. Woodbine is also planning to develop a full-service hotel in the area. The $10-billion master-planned community is on 1,800 acres.

Other members of the Courtyard by Marriott development team include GH2 Hospitality Architects, Walter P. Moore, Precision Engineering, DCI Engineers and Clark Contractors.