The Memorial City Management District was created by the 76th Texas State Legislature in 1999. It is nestled between the northbound and southbound sides of Interstate 10 between Beltway 8 and Bunker Hill.
The Memorial City Management District and progressive developers are looking beyond today and have a plan to keep the area thriving for the years ahead. This includes a $500 million investment plan for Memorial City to include new retail development, a lifestyle district, luxury hotel and mid-rise condominiums. The three issues worrying Houstonians most, according to an annual Rice University survey, are crime, traffic and the economy. The Memorial City District is paying attention and taking action to attract new business, improve traffic and protect personal safety.
The Memorial City Management District encompasses approximately 850 gross acres of land between Bunker Hill Road and the West Sam Houston Toll Road – north and south of the newly expanded Interstate 10, the Katy Freeway. According to the U.S. Census Bureau, the people who work in the District commute from all over the Houston area. The major employers in the District include the Memorial City Mall, the Memorial City Memorial Hermann Medical Center, the Chase Bank Service Center, CEMEX US Operations and the Metro National Corporation. There are two dozen existing retail centers - totaling more than three and a half million square feet, at least 20 office buildings - totaling almost three million square feet of space, several eminent hotels and multi-family housing all located within the District.