Texas Instruments has a longstanding history within Texas since the 1950s. In 2014, the company opened a business and development center on 7.4 acres in Sugar Land. The $3.5 million, 155,000-square-foot office is composed of three stories boasting a courtyard, a fitness center, collaborative working spaces and outdoor athletic courts with a walking path.
A Strong Record of Texas Economic Development Incentives
In 2014, Texas Instruments relocated its semiconductor design and testing center from Stafford to Sugar Land, Texas. By remaining in Fort Bend County, the company was able to maintain its regional focus, diversify their portfolio of service offerings, and home in on key talent in Sugar Land, which has nearly 60% of residents aged 25 and older possessing a bachelor’s degree or higher.
Sugar Land is an attractive place for doing business because of Texas's economic development incentives. When Texas Instruments relocated operations to Sugar Land, the company received an incentive package from the Sugar Land Office of Economic Development, including a tax abatement and a direct incentive.
High Livability for Increased Staff Engagement
Several amenities in Sugar Land help to retain talent from nearby colleges and universities and keep more than 74,000 employed across a variety of industries. The city has over 27 parks with miles of hike and bike trails and is home to Constellation Field — a minor league baseball field that specializes in family fun and is home to Houston Astros’ Triple-A affiliate The Sugar Land Space Cowboys. Smart Financial Centre at Sugar Land, a state-of-the-art concert hall and performance venue, ranked 7th in the world for ticket sales for venues under 10,000 seats by Pollstar 2019 mid-year ranking.
Multiple business centers run throughout the city, including Sugar Land Town Square, which boasts 167 mid-rise residential condos, 566,000-square-feet of office space, shopping, dining and a 1.4-acre pedestrian plaza.
A Multicultural Home for Talent
Sugar Land has also been called one of the most ethnically diverse cities within the Houston area and has been named “A Community of Respect” by the Anti-Defamation League. This accolade has increased the attractiveness of Sugar Land or a company’s diversity, equity and inclusion (DEI) efforts – an important component of talent attraction according to site selectors.
Thirteen businesses have chosen to headquarter in Sugar Land, from innovative startups, making the city an economic powerhouse within the Greater Houston region.