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http://www.chron.com/cs/CDA/ssistory.mpl/business/3047139 Feb. 19, 2005, 12:40AM Developers have ideas for Imperial land By NANCY SARNOFF and ERIC HANSON Copyright 2005 Houston Chronicle The sprawling Imperial Sugar refinery, once the center of Sugar Land's economic and social life, is being sold to developers who hope to return it to that status with a project mixing condominiums, single-family homes and retail space. On Friday, Imperial Sugar announced that it reached a preliminary agreement with a partnership of Cherokee Investment Partners and W.C. Perry Land Development to buy the 160-acre Fort Bend County property. "We'll be turning a blight on the community into something more viable and preserving the historic nature of the sight," said W.C. Perry's Will Perry, the son of well-known residential developer Bob Perry of Perry Homes. The elder Perry is not involved. Ultimately, this proposed development could include much more than the old sugar refinery. Perry said the groups will try to acquire a 550-acre tract of state-owned land northwest of the property and redevelop the entire parcel. The prospect of redevelopment is a relief to area residents who have been concerned about living next door to an empty and decaying industrial complex. "I think, for the most part, most people are very excited to know there will be something there instead of a vacant factory with a lot of buildings that need to be demolished. It's looking pretty tacky right now," said Kristin Lytle, who founded the Friends of Old Sugar Land. Perry sees the central feature in the proposed development as something similar to San Antonio's River Walk or The Woodlands Waterway. Oyster Creek runs through the property. Plans are still very preliminary, however, as the group hasn't yet struck a deal with the state on the additional acreage or closed on the Imperial Sugar property. The developers won't discuss the terms or additional details about the proposed project until it is further along. Their deal to buy the Imperial Sugar property could close by year-end, but they must complete a detailed review. Other groups have looked at the sugar refinery site, but it goes back to the early 1900s, and Cherokee's experience in redeveloping old industrial plants helped get the attention of Imperial Sugar executives. The Raleigh, N.C.-based real estate firm buys contaminated properties like old manufacturing and refining sites, cleans up any environmental damage and sells or develops them in partnerships. In 2003, Cherokee closed a $620 million fund
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NewQuest Readies Plans For Mo. City Shopping Center Houston developer NewQuest Properties is planning to build a new shopping center near State Highway 6 and the Fort Bend Parkway in Missouri City. Called Fort Bend Town Center, the project would be built in two phases. Phase one includes about 40 acres at the southwest corner of Highway 6 and the parkway. This phase is planned as a 160,000- square-foot retail center with a grocery store as an anchor. Phase 2, at the southeast corner of the intersection, would be about 400,000 square feet. The rest of the story can be found here.
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There is a sign up near the Bass Pro shops construction at the Spectrum exit off 288 showing the "Waterlight District" with a water taxi in the picture. Anyone know about this Woodlandsesque development?
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https://www.suebausa.com/under-construction/ https://www.bizjournals.com/houston/news/2021/02/05/sueba-usa-opens-multifamily-development-rosenberg.html
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(Katy, Texas) October 8, 2015 – The City of Katy is pleased to announce that the Katy Development Authority has taken a key step forward in the development of the Boardwalk District (as shown in the accompanying rendering) by entering into an agreement with Sueba USA Corporation for the development of a 22-acre parcel located adjacent to Katy Mills Mall. Sueba USA Corporation intends to use the parcel to construct a high quality mixed-use development consisting of loft living space, retail and restaurant facilities, and a public plaza. Sueba USA Corporation’s development will be a strong addition to the Boardwalk District which will also include a convention center, hotel, and restaurant row, all anchored by an 89-acre nature park with a central lake, boardwalks, nature preserves, and a 2-mile walking trail system. Construction of the nature park will commence this winter with an anticipated completion and public opening by the end of 2016. Katy Development Authority and Sueba USA Corporation are excited to be joint participants in the construction of the Boardwalk District — a project that will provide Katy residents and visitors an additional first class development to live, work and play. Katy Development Authority was formed by the City of Katy, Texas to promote economic development through public-private partnerships that support the completion of public infrastructure and high quality private development. Sueba USA Corporation is a Houston based real estate development company that is an established leader in the acquisition, development, construction, and management of both residential and commercial real estate.
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