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    a sweeter future

    City of Sugar Land acquires historic 'Char House' for new development

    Jef Rouner
    Jun 19, 2025 | 2:30 pm
    The Char House in Sugar Land

    The Char House is one of the most iconic buildings in Sugar Land

    Courtesy of the City of Sugar Land

    The Imperial Sugar refinery complex has been gently rotting in the heart of Sugar Land, but a formal purchase of the land and building by the city government promises a chance at new life for the historic building.

    Built around 1869, the complex was once a state-of-the-art facility that refined sugar and produced molasses. The City of Sugar Land was named for the company, and the company's crown logo is part of the city's official seal. Thousands of workers manned the lines while Houston schoolchildren toured the floor of the factory until it shut its doors in 2002. Now, the only sugar in Sugar Land is found on grocery store shelves, where the Imperial brand is still sold today.

    The City of Sugar Land announced on Wednesday that it had finally completed the official purchase of the 40 acres that the refinery stands on, the first time the city has owned it. Previous plans to develop the property haven't come together.

    “Redeveloping the Imperial Historic District has been a longstanding priority for both the City Council and our residents,” Mayor Carol McCutcheon said in a statement. “We’re proud to now be in the driver’s seat — ready to preserve our namesake and create the kind of destination the Sugar Land community deserves. With this project, we hope to create a place that past and future generations are proud of for many years to come.”

    The $50 million land purchase and renovation plan includes the iconic Char House. The tall, red brick building looms over Sugar Land and is an iconic structure in Fort Bend County. The name comes from the charring process of adding burnt and powdered animal bones to the refining process. The building, completed in 1925, had to be tall as using gravity to filter the liquid sugar as it left the storage tanks on the eighth floor to the bottom.

    The City of Sugar Land is in the process of seeking a private development partner to repurpose and renovate the land and buildings. That process should be completed by first quarter of 2026. In the meantime, the sale will be finalized over the coming months, and the city will begin the process of maintenance to prevent further deterioration. Though it is still some ways in the future, it's possible generations of school children will once again have a chance to visit the industrial genesis of Sugar Land.

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    housing affordability news

    This is how much Houston home prices have fallen since 2024

    Amber Heckler
    Jan 16, 2026 | 4:30 pm
    16403 Sheffield Run Drive, Houston home for sale
    Estately.com/
    This home at 16403 Sheffield Run Dr. in Houston's Berkshire Oaks neighborhood is on the market for $309,900.

    A new real estate analysis has revealed housing prices across the Southern United States have seen a major large-scale decline from 2024-2025, with Houston homebuyers experiencing the 11th-steepest "price correction" in the region.

    Houston-area buyers have a better chance of purchasing an affordable home this year after prices cooled 1.5 percent from 2024-2025, the study found.

    Online real estate marketplace Zoocasa compared year-over-year median price changes for single-family homes across 20 cities in the South based on local real estate data. The study also looked at housing affordability in the American West, Midwest, and Northeast.

    In Zoocasa's ranking of the Southern cities where affordability is improving the most, Houston ranked No. 11.

    In 2024, the median price for a single-family home in Houston was nearly $340,000, which has since dropped to $335,000 in 2025. Local sellers may not be happy about cooling prices, but it does make housing more attainable for first-time homebuyers.

    Better housing prices will surely attract even more new residents to the area, especially since Houston was the second-hottest destination for movers in 2025, and its suburbs are still booming in popularity.

    "Affordability is on the rise across Texas, with major cities seeing significant price corrections," the report said. "Most importantly for buyers, the median home price in each of these cities remains more affordable than the national median."

    The national median price of a home in the third quarter of 2025 was $426,800, according to the latest information from the National Association of Realtors (NAR).

    Housing affordability elsewhere in Texas
    Dallas was the No. 2 Southern city where housing is becoming more affordable. Dallas-Fort Worth's housing prices fell 5.71 percent from 2024-2025. The median price of a single-family home in North Texas fell from $397,700 to $375,000 during the one-year span.

    In Beaumont-Port Arthur (a metro area east of Houston), housing prices have fallen 4.62 percent year-over-year, making it the metro with the No. 5 steepest price correction in the South. Median home prices dropped to $217,000 in 2025, or $10,500 lower than the year before, the report found.

    Austin's housing prices fell 2.04 percent during the same time span, landing the Capital City in the No. 9 spot. The median price of a single-family home in Austin fell from $437,925 in 2024 to $429,000 last year.

    Surprisingly, San Antonio ranked near the bottom of the list with housing prices increasing by five percent year-over-year. Single-family homes in the Alamo City had a median price just under $300,000 in 2024, which spiked to $315,000 in 2025.

    Housing market predictions in 2026
    Zoocasa predicts the 2026 U.S. housing market is "poised for a steady revival" since mortgage rates have dipped nearly a full percentage point since this time last year. Current interest rates for a a 30-year mortgage are sitting at 6.16 percent, the study said.

    The NAR report additionally found that pending home sales have grown by 2.6 percent year-over-year from 2024.

    "Homebuyer momentum is building," said NAR Chief Economist Lawrence Yun. "The data shows the strongest performance of the year after accounting for seasonal factors, and the best performance in nearly three years, dating back to February 2023."

    The top 10 Southern cities where housing affordability is improving the most in 2026 are:

    • No. 1 – Naples-Immokalee-Marco Island, Florida
    • No. 2 – Dallas, Texas
    • No. 3 – Durham, North Carolina
    • No. 4 – Ocala, Florida
    • No. 5 – Beaumont-Port Arthur, Texas
    • No. 6 – Cape Coral-Fort Myers, Florida
    • No. 7 – Jacksonville, Florida
    • No. 8 – Atlanta, Georgia
    • No. 9 – Austin, Texas
    • No. 10 – Raleigh, North Carolina
    real estatehousing affordabilityreal estate reporthousing prices
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