The City of Sugar Land is soliciting Statements of Interest from interested project teams for the development of a new hotel and convention (conference) center on City-owned land adjacent to the Smart Financial Centre at Sugar Land that will serve as a premier, major destination attraction and enhance the City’s current reputation as an economic powerhouse.
The city has a long history of partnering with industry leaders to develop destination venues, as it did on the first two venues recommended by the citizen-led Visioning Task Force in 2007 and confirmed by voters in 2008 – Constellation Field, home of the Atlantic League Champion Skeeters, and Smart Financial Centre at Sugar Land. Similar to these two successful projects, no general property tax dollars will support the development or operation of the new hotel and convention (conference) center project.
The hotel and convention (conference) center project is seen as a key component of an arts and entertainment district and is intended to complement the Smart Financial Centre, a 6,400-seat live entertainment venue that has annually attracted more than 350,000 paid attendees during its first two years of operation, earning continued global recognition as one of the world’s top 10 theatre venues and providing a projected annual benefit to the community of $26.1 million over 30 years.
The proposed hotel and convention (conference) center site is also located in a major primary employment center that includes Texas Instruments, Fluor Corporation’s planned new campus and the University of Houston – Sugar Land. With these commitments for the creation of an exciting office and entertainment-centric, mixed-use regional activity center, the city continues to expand its economy, adding jobs and generating new revenue that ensures Sugar Land is able to fund the high level of services expected by residents while maintaining one of the state’s lowest tax rates.
For more information on this project or to download the RSI, visit www.sugarlandtx.gov/hotelcc.
The deadline for submittals is March 15 at noon.