Fort Bend County

OverviewRegina Morales, CCIM

July 29, 2014

Fort Bend County Overview

• No. 1 Fastest Growing County of the Ten Largest Counties in

Texas

• Current Population of 606,953

• Consistently in the Top 3% of the Nation’s Counties in 5 Key

Demographic Measures

• Regional Leadership in Secondary Education; Exceptionally

educated and skilled workforce

• Fort Bend Planned Communities are recognized for their

excellence in development & amenities

• Consistently recognized for business environment, low crime,

highly educated workforce, investment in parks and

recreation, and overall livability and beautification programs

Fort Bend County Growth

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1900 1950 1960 1970 1980 1990 2000 2010 2013 2018

US59/IH 69 Through Fort

Bend County

Us 59/IH69 – from Sput 10 to west of FM 762

Typical Section – 6 lane rural freeway with

continuous frontage roads

Status – Construction bids were received Jan

2014

Open to traffic – early 2018

US59/IH69 – from west of FM 762 to Grand

Parkway

Typical Section – 8 lane freeway with 2-way

HOV lanes and continuous frontage roads

Proposed Letting date – August 2014

Open to traffic – early 2018 (estimated)

Major Corporations• AETNA• Aldi

• Amerisource Bergen

• Baker Hughes

• Crown Beverage

Packaging

• CVR Energy

• Fluor Corporation

• G.E. Oil and Gas

• Minute Maid

(headquarters)

• National Oilwell Varco

• Naztec, Inc.

• Noble Drilling

• Nalco/Champion/Ecolab

Company

Sabic Americas

Schlumberger Companies

Sunoco Logistics

Texas Instruments

Thermo Fisher Scientific

Tramontina USA

United Health Group/OptumRx

Yang Ming

Yokogawa

Rosenberg/Richmond

Becomes the epicenter for future growth in Fort Bend

County

Housing starts are up

Retail is thriving & expanding – historic downtowns

Corporations are moving into the area

Recent Announcements:

Aldi: building 600,000SF distribution center

West Rosenberg holds tremendous potential

Rosenberg Business Park – infrastructure

More prospects continue to consider this area

Sugar Land - Imperial

Public Private Partnership:

• City of Sugar Land

• Cherokee Investments

• State of Texas / GLO

• Johnson Development

715-acre Mixed Use Development to redevelop the former Imperial Sugar Refinery Site:

• SLHF Museum / Children’s Museum

• Constellation Field

• Business Park

• Residential

Site Plan Overview

Imperial will be a mixed-use

environment that will promote

a balanced, sustainable

development including a

combination of retail spaces,

offices, entertainment, civic

buildings, residential, and

open spaces.

Constellation Field: Sugar Land’s Minor

League Baseball Stadium

The Result of Citizen Input and

Public-Private Partners

Citizen Task Force

Opening Day Partners

Sugar Land 4B Corporation

City of Sugar Land

Johnson Development Company, Texas General Land Office and

Cherokee Investments

Imperial Tax Increment Reinvestment Zone (TIRZ)

SE Quadrant

of

US 59 and

University

Blvd.

Texas Instruments

Building Approx. 160,000 SF Business &

Development Center on 7-acre site

SE corner of US 59 & University Blvd.

Over $35 million in new capital

investment

375 jobs

Recently opened

Expansion: Fluor Corporation

Decided to remain in Sugar Land for the long term

Lease at Fluor Drive property expires 2021

50-acre site under construction. Expect to close before end of year.

Future Performing Art Center (PAC)

6,500-seat concert and performing arts facility

Located at SE quadrant of US 59 and

University Blvd.

on City’s 38.5 acres

PAC Market Analysis and

Feasibility Study

• Region could support 6000 – 7000

seat venue

• This size of venue underserved in

Houston market

• Financially feasible and commercially

sustainable based on market demand

Performing

Arts Center

Site Plan

Univ

ersity

Blv

d.

University Plaza

11929 University Blvd.

Crossing at Telfair, a mixed-use development at Highways 6 and 90A:

HEB Grocery main tenant

Fadi’s Mediterranean

Restaurant

Chuy’s Mexican Restaurant

Other Future Projects

Mattress Mack – Plans “Over the Top” Fort Bend County

Store

Lakeview Business Park – Missouri City continues to

expand with Ben E Keith and Niagara Water Bottling Plant

Aldi Distribution

Methodist Hospital Expansion

Future Convention Center in Sugar Land

Potential future TSTC Campus in Fort Bend County

OPPORTUNITIES YET TO BE ANNOUNCED!!