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City Approves Expansion For HCSS

City Approves Expansion For HCSS

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Author Photo by: SugarLandDotCom Active Indicator LED Icon Site Admin
~ 1 year, 1 mo ago   Apr 19 2019, 10:51am 
Sugar Land City Council approved an agreement with Heavy Construction Systems Specialists, Inc. (HCSS) for improvements on more than four acres of land on West Airport Boulevard between Alston Road and Stancliff Oaks Street.
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The company's 11.92 corporate headquarters has been located in Sugar Land since 2010. The current site includes a 42,000 square foot facility completed in 2010 and a second almost 16,000 square foot facility completed in 2015. The combined taxable value of the two buildings is more than $11.6 million.

"HCSS continues to take on new clients as well as grow a new segment of its business - engineered technologies for construction," said Director of Economic Development Elizabeth Huff. "To accommodate its growth, HCSS is looking to almost double its employee base with a third expansion to be located adjacent to its existing buildings."

The new expansion project is targeted for completion in 2020 and will include:
* a two-story (approximately 56,000 sf) office building and 3-level parking garage with an approximately 280 car capacity;
* $12 million capital investment in real and personal property; and
* 200 new jobs.

"We are excited to call Sugar Land home and to bring hundreds of new jobs to the area," said HCSS Vice President of Strategic Initiatives and Customers Solutions Tom Webb. "We've learned something that most technology companies need to know - Sugar Land and Fort Bend County are the best kept secret in the United States to grow your business! The high amount of talented, diverse employees and pro-growth government is the perfect combination to help you achieve your goals."

The agreement to keep HCSS and expand operations in Sugar Land contributes to the city's strong economy. It's part of a larger effort to ensure Sugar Land remains an economic powerhouse within the Houston region through an aggressive, focused economic development program that creates opportunities for new business investment and jobs.

The incentive package for the new facility includes a partial tax abatement over 10 years on the associated new real improvements and personal property. Tax abatements are performance-based; result in significant property tax value and revenue to the City after the abatement expires; and the agreements fully benefit the local school districts as they do not participate in abatements. The Fort Bend County Commissioners Court is also expected to approve a tax abatement for the project shortly.

"The Office of Economic Development has worked with numerous corporations such as HCSS to expand, construct improvements or relocate to Sugar Land over the past two decades," said Huff. "Our proactive efforts ensure a strong economy, support the quality services our residents expect, and allow us to maintain the second lowest tax rate in the state among cities of similar size. Overall, our position as a financial leader and economic powerhouse is not just about attracting new and expanding primary employment in our community, but it is ultimately also about us both improving quality of life and minimizing the residential tax burden - all part of the 'Sugar Land Way'."
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