January 16th, 2008


(SUGAR LAND, TEXAS) –Coca-Cola North America recently announced plans to move its Houston-area Minute Maid Business Unit headquarters to Sugar Land Town Square, a project that will bring more than 250 jobs and several million dollars in new capital investment to the City.

The Minute Maid unit will occupy 115,000 square feet of the new 200,000 square- foot, Class A office building currently under construction at 2150 Town Square Place in Sugar Land Town Square directly across from Sugar Land City Hall. To attract the company, Sugar Land offered an incentive package which included a direct cash incentive from the Sugar Land Development Corporation of $240,000 per year for 10 years.

“We are extremely excited by this announcement and look forward to a long and mutually-beneficial relationship with Minute Maid and Coca-Cola North America,” said Sugar Land Mayor David G. Wallace.  “Coca-Cola and its Houston-based brands like Minute Maid are internationally recognized names and organizations of exceptional quality with similar core values to our City.    They are a great fit and a welcome addition to our community.   I thank both Coca-Cola and Planned Community Developers for their consideration and commitment.  This project is another great example of how Sugar Land is able to aggressively utilize its economic development resources to create a win-win public private partnership.”

“This great new location in Sugar Land will provide our employees with great amenities and a great office environment,” said Michael Saint John, Senior Vice President of Coca-Cola North America and General Manager of the Minute Maid Business Unit. “We are looking forward to being a part of the Sugar Land business community. The economic incentives provided by the City of Sugar Land were a key factor in our decision to select this site.”

Planned Community Developers  is the developer and owner of Town Square and the office building where Minute Maid will relocate.

“Sugar Land Town Square is an excellent corporate home for Coca-Cola North America and other businesses looking for easy transportation access, a strong labor pool and an environment uniquely focused on convenience for its employees,” said Les Newton, president of Planned Community Developers. “Town Square is pedestrian centered, with tremendous dining and shopping options.” Minute Maid will occupy 56 percent of the new office building.