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Bond vote approves Sugar Land cultural and entertainment district

By
Commercial Real Estate Agent with Keller Williams Realty Southwest 0576394

Sugar Land cultural and entertainment district

During the Nov. 4 election, Sugar Land voters approved propositions allowing the city to use existing sales-tax revenues and establish venue taxes to fund development of a sports stadium and live entertainment venue. Sugar Land officials are now seeking private partners to make the city's proposed Cultural and Entertainment District a reality.

Sugar Land officials envision a sports stadium being a minor league baseball park. An affiliated minor league team would require a partnership with the Houston Astros.

The city has been working with AEG, a Los Angeles-based sports and entertainment presentation firm, to conduct market feasibility studies for the indoor concert venue and expects to build 6,500-seat facility with a flexible design. The study confirmed that there are opportunities for success in the growing Fort Bend market. Discussions are continuing but no details of any deals have been established.

The conceptual plan for the Cultural and Entertainment District also proposes a cultural and performing arts venue and hotel and convention center. The sports stadium and concert venue were prioritized to maintain a competitive edge regionally.