The Woodlands Development Company has announced Ferrari of Houston will open a 5,015-square-foot satellite dealership at the ground floor of the Waterway Square parking garage at 1501 Lake Robbins Drive in The Woodlands.

"We believe The Woodlands is the perfect fit for our Ferrari satellite dealership," said Giuseppe Risi, owner of Ferrari of Houston. "We are excited to become part of this community."

Opened 33 years ago, Ferrari of Houston sells new and pre-owned Ferrari vehicles, provides a body shop and other services, and sells parts. The Woodlands dealership is currently in the design stages and will be the company's first dealership expansion in Montgomery County. No timetable has been set for the dealership's construction, according to Development Company officials.

"We are pleased that Ferrari of Houston will be opening at 1501 Lake Robbins Drive," said Alex Sutton, co-president of The Woodlands Development Company. "The Waterway Square District is an ideal location for Ferrari, encompassing Class A office space, retail and residential."

For more information on Ferrari of Houston, go to the company's website at www.ferrariofhouston.com.