A Houston-based real estate firm is in the early stages of planning a $1 billion...
Stepping into the Imperial Sugar char house in Sugar Land, it can be hard to imagine how the nearly 100-year-old structure was once an industrial powerhouse southwest of Houston.
Now a Houston-based real estate firm, Puma Development, is partnering with the city of Sugar Land to repurpose the char house and the surrounding complex of former sugar silos and old warehouses. Puma not only wants to restore the historic structures, but to bring them into the future with a proposed 40-acre mixed-use development that could eventually encompass some $1 billion in investments over the next 7 to 10 years.
A rooftop bar is proposed at the top o the Imperial char house, which is one of the tallest building in Sugar Land. The top offers views of Houston's Galleria/Uptown area and much of the city of Sugar Land.Over the past few months, the city has helped pave the way for Puma's ambitious development. Recently, the city
Although a former warehouse on site was redeveloped and houses two museums, about 140,000 square feet spread across several buildings remains to be redeveloped, Puma estimates. Puma plans to gradually redevelop the site over several years, but the first phase of the project would focus on finishing the char house in time for the structure’s 100th anniversary in 2025. The plan would add a mix of retailers and restaurant on the first floor
Toon hopes to create a modern mixed-use district where workers also shop, play and live. To that end, Puma aims to partner with a third-party developer to build market-rate apartments, and possibly smaller single-family homes and townhouses.
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