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Sugar Refinery Turns to Gold with Upscale Project

SUGAR LAND, TX—Imperial Market Development LLC has purchased the site located on US 90 between Highway 6 and US 59 for an 855,000-square-foot mixed-use retail, office, hotel and residential project.

Imperial Market Construction will start in September 2016 with a projected grand opening in late 2017.

SUGAR LAND, TX—The 26-acre Imperial Sugar Refinery will soon become an upscale 855,000-square-foot, mixed-use retail, office, hotel and residential project. Imperial Market Development LLC has purchased the site located on US 90 between Highway 6 and US 59. The Imperial Market site is located within the 720-acre master-planned community of Imperial, a project being developed by The Johnson Development Corp.

The $200-million-project is being developed by a partnership led by principals Geoffrey Jones and James Murnane. Construction will start in September 2016 with a projected grand opening in late 2017. Imperial Market will also include approximately 90,000 square feet of class-A office space that will be located above the project’s retail shops and restaurants.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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