The former Fluor Corp. campus could be redeveloped as soon as 2034, as Sugar Land City Council approved a concept plan for the site at the May 13 meeting.

The big picture

The development, called Lake Pointe Green, will focus on residential with optional space for commercial use, said officials with Houston-based developer Lovett Commercial.

City Council also approved an incentive agreement with the developer using the city’s general funds and Sugar Land 4B Corp. funding, which comes from sales tax. The incentives include:

• Up to $5.3 million for demolition reimbursement
• $7 million for Lovett to develop 8 acres of parkland and expand Brooks Lake Trail from 1.8 miles to 3.6 miles
• Up to $12 million, including $2 million for interest, for public infrastructure such as water, sanitary systems, drainage or roads

Public funding for redevelopment projects can help make a space ready for a new development, said Devon Rodriguez, director of redevelopment for Sugar Land. There’s a higher cost when there are existing conditions since they’ll need to be removed, rebuilt, remediated or relocated, which can deter private investors.

“Public funds can come in to bridge the gap and leverage that private investment to really make a project ... viable and provide a public benefit to the community,” she said.

Zooming in

The Lake Pointe Green concept plan focuses on walkability and tree preservation, while bringing housing variety to the city, Lovett officials previously said.

According to the new concept plan, the 53-acre site will include:

• 10-15 acres of multifamily housing, totaling up to 720 units
• 25-30 acres of townhomes, duplexes and multiplexes
• At least 5 acres of recreational space
• Optional commercial areas

Going forward

Lovett officials expect to begin the phased project in 2025, with first housing deliveries in 2028 and completion in 2034, officials previously said.