New independent energy company selects Sugar Land as its operational base
SUGAR LAND, TEXAS (March 21, 2018)—Planned Community Developers, Ltd. (PCD) announced today that Lotus Midstream, LLC, a crude oil logistics provider, leased its first office in Sugar Land Town Square, occupying 7,575 square feet of space. The lease began on Feb. 1.
Established in early 2018, Lotus Midstream, LLC focuses on the organic development of midstream infrastructure and services to transport crude oil and condensate from the wellhead to market. The company’s headquarters is located at 2150 Town Square Place, Suite 395, Sugar Land, Texas.
Lonna Dorman, of Transwestern, represented Lotus Midstream, LLC, and Don Janssen represented PCD in the transaction.
Learn more about Lotus Midstream, LLC at Lotusmidstream.com.
About Planned Community Developers, Ltd.
Planned Community Developers, Ltd. (PCD) is the developer of the 9,700-acre First Colony master planned community in Sugar Land, Texas, located adjacent to and southwest of Houston. PCD continues to oversee the development of the 1.4-million-square-foot Sugar Land Town Square, located at the intersection of U.S. 59 and Highway 6. Sugar Land Town Square consists of 566,000 square feet of Class A office space, 242,000 square feet of upscale Main Street retail and restaurants, 167 mid-rise residential condos, a 300-room, full-service Marriott hotel and conference center, and an 82,000-square-foot City Hall for Sugar Land, all encircling a 1.4-acre plaza with a monumental fountain. PCD is currently developing two other major projects: River’s Edge, a 370-acre community in Richmond, Texas, and Lake Pointe One, a 190-acre mixed-use development located at the intersection of U.S. 59 and Highway 6 in Sugar Land. www.pcdltd.com