Sugar Land is a city southwest of Houston in northeast Fort Bend County, and is named for the former Imperial Sugar refinery. It is home to a number of international energy, software and product firms. It also is one of the fastest-growing and wealthiest cities in the state due to the numerous master-planned communities in the area, such as First Colony, New Territory, Greatwood, Sugar Creek, Sugar Lakes, Avalon, and Riverstone. Sugar Land has the most master-planned communities within Fort Bend County, which is home to the largest number of master-planned communities in the nation. Sugar Land ranked as the hottest place to live within the state of Texas and was third in the United States for 2006 according to "Money" magazine, with the city receiving honors for its quality government services, affordable housing, and diversity (around one-quarter of Sugar Land's residents are Asian-American).