Are you carrying out site selection in Texas? Consider Sugar Land, a prime location for launching, growing or relocating a business. The city is a well-connected economic development hotspot boasting a skilled workforce, ongoing capital investment and unique financial incentives.
Located 20 minutes southwest of downtown Houston, Sugar Land has all the advantages of the 4th largest city in the United States but has developed its own distinct identity. Balancing urban lifestyle amenities with warm hospitality, Sugar Land boasts enviable access to a network of major highways, airports, ports and rail lines, which allows businesses to transport goods quickly and efficiently.
Whether you’re a startup or a global name, you can qualify for a range of financial incentives such as funding, real estate property tax rates and certain tax exemptions. For example, the state-run Texas Enterprise Fund awards grants to projects that contribute significant capital investment within the region. Qualifying local businesses can also apply for property tax abatement or apply for cash grants from the Sugar Land Development Corporation.
Sugar Land has robust utilities and services infrastructure to support businesses, making it a top choice for site selection in Texas. Businesses can use the Citizen Self-Service (CSS) web portal to apply for, submit, and access all permits and paperwork in one central location. Besides its logistical advantages, the city also has an advanced telecommunications infrastructure. Sugar Land’s fiber optic network makes high-speed internet standard, while AT&T provides and maintains the communications infrastructure. Find the best site selection in Sugar Land, with our commercial property search tool.
A Developing Innovation Hub
In Sugar Land, local government, public entities, and private businesses share a common purpose – encouraging innovation and economic development. The city boasts corporate headquarters and top companies in sectors as diverse as healthcare, retail, information technology, energy, finance and manufacturing. Major employers include Methodist Sugar Land Hospital, Schlumberger and Accredo Packaging, while Hewlett Packard Enterprise, Sysco and Phillips 66 are based in nearby Houston. Sugar Land’s business-friendly environment and low taxes create an environment conducive to business expansion.
Sugar Land is known for its diverse talent pool and vibrant community. People are attracted by the affordable cost of living and employment opportunities that are unattainable in expensive cities. Subsequently, local employers have access to a substantial population of highly skilled workers, with 63% of residents educated to the bachelor’s degree level or higher. Sugar Land also has an outstanding selection of schools and medical facilities, contributing to a quality of life that enables families to flourish, professionals to advance and employers to expand and be successful.
Thriving Local Economy
Sugar Land is one of the fastest-growing suburbs of the nation. Between 2015 and 2020, job growth in Sugar Land was four times the national rate of growth and 50% greater than the overall growth rate of Greater Houston.
According to JobsEQ, the healthcare sector is the biggest local employer (12,687 workers), and it continues to see steady growth, alongside professional, scientific and technical services. Biomedical, Research, Professional Services, and Software/IT industries have posted employment gains of at least 25% in Sugar Land since 2015.
Sugar Land offers the combination of a highly educated workforce, appealing financial incentives, a thriving local economy and capital investment from national and global brands. Selecting Sugar Land is one of the best decisions you can make for your business.