Johnson Development Corp., developer of projects including Sienna Plantation and Riverstone, has become project manager for Sugar Land’s Imperial Sugar redevelopment project, FortBendNow has learned.
Placed on hold for the past several months, the highly touted mixed use project is being managed by private equity firm Cherokee Investment Partners of Raleigh, N.C.. Cherokee partnered with the Texas General Land Office to purchase several hundred acres in and around Imperial Sugar Co.’s historic char house and sugar plant at U.S. 90A and State Highway 6.
Johnson has replaced Southern Land Co. as project developer, according to sources in the real estate community and City of Sugar Land. Neither officials with Cherokee nor Johnson could be reached Tuesday morning. However, City of Sugar Land sources said Cherokee was about to announce the new project manager.
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