PROJECTS

The Sugar Land Office of Economic Development (SLOED) has continued to be proactive in capitalizing on opportunities to expand, construct or relocate businesses to the city to ensure Sugar Land remains an economic powerhouse within the Houston region.

These proactive efforts ensure a strong economy, support quality services for Sugar Land residents and allow the city to maintain the second lowest tax rate in the state among cities of similar size. SLOED works with many of Sugar Land’s primary employers and local businesses to help them navigate through what they need to succeed, grow and expand. A notable projection completion this year included:

YEAR

Total Capital Investment Announced $4,600,000

Headquartered in Sugar Land since 2007, CVR Energy is a diversified holding company that is primarily engaged in petroleum refining and the nitrogen fertilizer business. CVR Energy, which is Sugar Land Town Square’s largest current tenant, announced that the company renewed its lease and plans to renovate its office space in Sugar Land following a direct incentive agreement with SLOED.

SLOED retained CVR Energy by providing $1 million direct incentive that will be paid over the course of ten years. In turn, CVR Energy will invest $4.6 million in tenant improvements while also retaining its 165 current employees with an average salary of $85,000.

165

Job Retained Projects Announced

1

Bluebonnet Nutrition Corporation, headquartered in Sugar Land, recently completed the construction of its third Sugar Land location, a 128,000-squarefoot facility and opened its doors on December 12, 2022.

Led by recognized Houston developer Midway, developer of CITYCENTRE and Century Square, the $18 million expansion at Bluebonnet Nutrition’s Sugar Land Business Park location will more than triple the company’s existing workforce of 100 employees, adding 200 new jobs with an average annual salary of $78,000.

Bluebonnet Nutrition Corporation is a family-owned company that manufactures nutritional supplements. The company offers amino acids and protein powders, multivitamins and mineral formulas, children’s nutrition, vitamins, minerals, food supplements and soy products. Headquartered in Sugar Land since 1998, the expanded Business Park location will be used as a mixture of office, research and development and manufacturing space. Bluebonnet’s new product is adding more capacity in the capsule and tablet unit, with anticipated inventory values at $11 million.

Accredo Packaging, Inc. (API) manufactures and supplies sustainable high added value flexible packaging predominantly for the pre-packaged foods and consumer products markets in North America. Sugar Land is the location of the corporate headquarters and manufacturing facility for API.

SLOED assisted with API’s fourth expansion in Sugar Land, bringing its total campus development to 578,000 square feet in 2021.

Accredo Packaging, Inc. broke ground on its fourth expansion in Sugar Land which includes the development of a two-story, 83,000 square foot building with covered parking on the first level and approximately 40,000 square feet of office space. The project was furthered thanks to a tax abatement agreement approved by the City of Sugar Land in 2021, with the commitment to secure $9.5 million in additional capital investment, 30 new jobs, and the retention of 525 jobs through 2031.

PG Golf, the world’s largest recycled golf ball manufacturer, recently completed an expansion into an 87,000 square foot industrial building. The project maintains 125 jobs in Sugar Land, adds 10 new jobs and brings in approximately $2.5 million in capital investment.

The Sugar Land-based manufacturer retrieves, recycles and then resells golf balls with the new facilities allowing for state-of-the-art operation. The expansion includes many impressive new capabilities including an AI-based Vision Systems for sortation and a golf ball refinishing operation using Titleist Golf Ball Company technology and know-how.

“We’re thrilled PG Golf chose to complete this major expansion in Sugar Land. Businesses like PG Golf are to vital Sugar Land’s economy. This expansion helps to enrich our diverse business community while also providing key capital investment.” said Elizabeth Huff, Director of Economic Development.

On November 1, SLOED launched a new incentive program. The incentive program provides $6,000 per job for qualified businesses to retain office headquarters in Sugar Land. To qualify for the new incentive program, office headquarters must retain at least 50 primary jobs and renew the lease for five to 10 years within the city limits. The program also requires a minimum of $1 million capital investment to be allocated toward build out or office improvements.