April 7th, 2006

PARKING METERS IN SUGAR LAND TOWN SQUARE WILL OFFER VISITORS CONVENIENT PARKING

New parking meters to be uncovered April 22; net proceeds will benefit
The Plaza Events Fund

Sugar Land, Texas (April 7, 2006) – Visitors to Sugar Land Town Square (SLTS) should be aware of upcoming changes in parking. Beginning April 22, parking meters previously installed for the street parking in SLTS will become active.

Customers visiting the bustling Town Square Monday through Friday between 7 a.m. and 6 p.m. who choose to park on City Walk, Lone Star Drive, Texas Drive or Town Square Place will be required to pay 25 cents per half hour, with a maximum stay of two hours.

“Since SLTS incorporates a City Hall, office space and a hotel, which sometimes require parking for all-day and/or overnight visits, we want to encourage visitors who plan to stay longer than two hours to use the free parking garages located on City Walk, Texas Drive and Lone Star Drive,” said Wende Lewis-Buckley, Executive Director for SLTS Management Company, LLC. “The on-street parking spaces will be reserved for shorter visits, enabling customers quicker and easier access to nearby restaurants and stores. We expect this parking alternative will prompt visitors to use the best parking option that fits their purpose.”

Any net proceeds generated from the parking meters will benefit the Plaza Event Fund. The Plaza Event Fund will support the creation and promotion of events within the Plaza that benefit both the community and retailers.

During the first week the meters are activated, parking personnel will be stationed along the streets to inform visitors of the parking changes and to answer any questions that may arise. In addition, plaques will be placed on each meter informing customers to call SLTS Management if problems are encountered.

“We want this transition to go smoothly,” Lewis-Buckley adds. “So, to have a little fun, we hired individuals to dress as parking fairies. From April 22nd through April 30th, the fairies will pass out information and show visitors how to use the meters. No one will actually have to put money in the meters until May 1, 2006, when enforcement begins.”

For more information on SLTS parking, visit www.sugarlandtownsquare.com.