PCD to Transform Sugar Land Campus Into Mixed-Use Complex

Planned Community Developers has a vision to transform a soon-to-be-vacated office campus in Sugar Land.

The local firm, known as PCD, aims to redevelop the Lake Point Plaza into a 53-acre mixed-use complex near the intersection of Highway 6 and Highway 59, roughly 22 miles southwest of Houston, the Houston Business Journal reported.

Fluor Corporation, an Irving-based engineering company, has occupied the site for 40 years and will relocate to Houston’s Energy Corridor next summer. PCD struck a deal to purchase the 1.2 million-square-foot campus from Charles Hurwitz’s Maxxam Inc.

“I’ve been really working with the current owner of the property for about four years,” PCD president Don Janssen told the outlet. “Because I knew there was the absolute chance that Fluor could leave, and I didn’t want to wait until I knew whether they were going to stay or leave.”

PCD’s plans for the site include retail, restaurants, entertainment venues, apartments, condos, townhomes, a hotel, offices, medical space and life sciences facilities. San Francisco-based Gensler will handle design, with a goal of accentuating the waterfront on both sides of the peninsula.

The development will have access to activities like kayaking, paddle boarding and water cycling. Walking trails and parks are also part of PCD’s vision.

The firm hopes to begin site work by the third quarter of 2024, and the project could take 10 to 12 years to fully complete, Janssen said.

PCD has been working closely with Sugar Land officials to ensure that the city is on board with the development.

“The city has identified the Fluor campus as an opportunity site for future redevelopment in the city toward our effort in creating ‘Regional Activity Centers’ — compact, walkable mixed-use areas,” city spokesman Doug Adolph told the outlet.

The developer has met with city council twice to discuss the project and will present its updated plans this week.

—Quinn Donoghue