The area, within the Nolanville city limits, was formerly known as the Plaza.
According to a news release from the city, the designation is the next step in incremental improvements made over the past five years to improve the health, safety and quality of life for its residents.
Previous projects in the Woodlands included four grants to improve Monarch Park facilities and to provide afterschool care in partnership with the Boys & Girls Club.
Wastewater line replacements were made in the southern half of the development, while the north side will be completed pending a grant submitted by Water Control Improvement District #3 in collaboration with the city, the release stated.