By Erin Mulvaney
(2012 file photo: J. Patric Schneider / For the Chronicle )
Land in the Imperial Sugar Land master-planned community will be developed, Johnson Development Corp announced Tuesday. The company notes that the 55 acres of commercial land is one the largest remaining development opportunities left in Sugar Land.
Here is the Houston-based development company’s announcement:
SUGAR LAND, TX – (February 4, 2014) – KDC, one of America’s leading commercial real estate development and investment firms, and The Johnson Development Corp. announced today an agreement to market and develop 55 acres of commercial land in the master-planned community of Imperial, the largest remaining development opportunity in Sugar Land, Texas.
“We are excited to partner with a world-class developer, The Johnson Development Corp., to market these sites in Imperial for Class A, build-to-suit office space,” said William Peeples, KDC’s Houston Partner. “There is a tremendous demand for new office space in the area, both for headquarter locations and smaller, middle-market tenants.”
Located at Highway 6 and Highway 90A, Imperial will incorporate retail, residential, entertainment and office components to create a premier destination to live, work, shop and play.
Most recently, The Johnson Development Corp. announced the first residential neighborhoods in Imperial Sugar Land: 116 patio homes, some with waterfront views, and 27 single and two-story townhomes from Sitterle Homes, Partners in Building, Darling Homes and Trendmaker Homes.
The Fort Bend Children’s Discovery Center recently completed a successful fundraising effort to open a year-round children’s museum in Imperial while Constellation Field, home of the Sugar Land Skeeters, remains a popular attraction for families in the area. Construction also has started on luxury-style, one-and two-bedroom multi-family residences.
“We’re very pleased with the progress made with Imperial,” said Doug Goff, Chief Operating Officer of The Johnson Development Corp. “Our partnership with KDC is certainly another positive step in creating a premier destination community in Fort Bend County.”
Sugar Land has been a hub of corporate activity with recent announcements by Fluor Corporation of a new, 50-acre corporate campus, Texas Instruments’ development of a 160,000-square-foot business and development center, and Nalco Champion’s new headquarters building on a site at Imperial. Additionally, the Energy Corridor has played a significant role in driving more companies to Sugar Land seeking Class A space at more affordable rates.
“Companies are taking notice of what’s happening in Sugar Land,” says Regina Morales, Director of Economic Development for the City of Sugar Land. “The ability to offer new, Class A office space gives us a tremendous advantage when it comes to attracting new businesses to the area.”
Source: http://blog.chron.com/primeproperty/2014/02/imperial-sugar-land-will-see-55-commercial-acres-developed/
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