BY KELLY SCHAFLER
Imperial Char House, Lake Pointe Plaza redevelopments stall in Sugar Land
Redevelopment priorities
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Adolph said. In an emailed statement, a Puma spokesperson said the company remains committed to developing the Imperial Sugar site. “While developing anything in today’s financial environment remains difficult, we have a plan and are resolute in our efforts,” the spokesperson said. What else Meanwhile, Sugar Land-based Planned Commu- nity Developers announced plans last September to redevelop the Fluor Corp. campus under the project name Lake Pointe Plaza. “It’s good real estate, it’s good for the community and I think we can do a good job with basically tear- ing the buildings down and rebuilding something that’s even better than it was before,” PCD CEO and President Don Janssen said. PCD officials initially said construction on the property could start this year, but the timeline has been delayed while PCD officials work to get the property back under contract, Janssen said. Janssen said PCD “ran out of time” to complete the feasibility period of the contract with land- owner Maxxam Inc. “I did everything I could do to be ready, but then when really the seller ran out of time and I ran out of time with the current lender, then we went out of contract,” he said. However, Janssen said it’s a high-priority project for both the company and the city, and PCD has started the process to get back under contract. “So we’re going to keep working; we’re very optimistic we can get this done,” he said.
Plans to redevelop the Imperial Char House and Lake Pointe Plaza into mixed-use hubs have stalled, reportedly due to the two developers facing financial and market challenges, per the city of Sugar Land’s website. The Imperial Char House is the former building for Imperial Sugar Co., while Lake Pointe Plaza is the former headquarters for construction com- pany Fluor Corp., which relocated to the Energy Corridor this summer. The developers of the respective projects are no longer under contract for the two properties as of this summer; however, both developers told Community Impact they plan to get their proper- ties back under contract and continue the projects. “The redevelopment of both the Imperial Historic District and Lake Pointe are long-term projects that will take years to come to fruition,” Sugar Land Communications Director Doug Adolph said. “The city remains committed to supporting these proj- ects and are actively working on them regardless of their current development status.” The backstory Despite several failed starts over more than a decade, the Imperial Char House project made progress last year after Houston-based entre- preneurial firm Puma Development announced intentions in December 2022 to spend about $1 billion to turn the historic space and the surrounding area into a mixed-use project. SLP-90A LTD, an affiliate of air conditioning contractor Hunton Group, is the property owner of about 27 acres, including the historic char house,
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LAKE POINTE PKWY.
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1 Imperial Char House Landowner: SLP-90A LTD, an affiliate of Hunton Group Former developer under contract: Puma Development Project details:
Preserving the char house
Adding surrounding retail, entertainment, multifamily and single-family housing, and office spaces
2 Lake Pointe Plaza Landowner: Maxxam Inc. Former developer under contract: Planned Community Developers Project details:
Providing residential options such as condos and apartments Adding retail, restaurants, office spaces, a hotel and conference center, and entertainment venues
SOURCES: PLANNED COMMUNITY DEVELOPERS, CITY OF SUGAR LAND, PUMA DEVELOPMENT/COMMUNITY IMPACT
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