Jul
21
Sweet Mixed-Use Project Coming to Sugar Land
ByThe former Imperial Sugar Refinery in the Houston area will get a fresh start as an 855,000-square-foot mixed-use destination.
Aerial rendering of the Imperial Market project
Houston—Imperial Market Development LLC is moving ahead with plans for a $200 million mixed-use project at the 26-acre former Imperial Sugar Refinery site in Sugar Land, Texas, that will feature retail, a hotel, offices and luxury multifamily housing.
The partnership is led by principals Geoffrey Jones and James Murnane, who purchased the property from Johnson Development Corp., according to the Houston Business Journal. Jones was chairman & founder of the Texas Real Estate Fund Inc., which developed, owned and invested in shopping centers, office buildings and retail projects in the Houston area since the 1980s. He was also an original co-general partner/developer of the Houston Pavilions mixed-use project in the Houston CBD. Murnane is a career commercial real estate finance professional. A former CEO of North Houston Bank, he has held many other executive banking positions around the world…
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