SOM in Houston

Total Page:16

File Type:pdf, Size:1020Kb

SOM in Houston 34 W i n t E i 19 9 / I..I Buildings by Skidmore, Owirtgs t Merrill dominole Houslon's 1980s wesl-laiing skyline. From It'll to tighl ore One Shell Ptoio, Allied Bonk Ploio, Tenncro Building (behind Allied ond First International!, and Firs! International Plaio. S 0 M I N HOUSTON K e Alter fter 40 years of practice in Houston, the firm is most notably identified. Many desire than by geography, Houston, as the early \l)M)s. I oine Welch, elected the architectural firm of Skidmore, of the most beautiful and provocative a quintessential 20th-century American mayor in I % 4 (and reelected lor tour AOwings & Merrill has left an indeli- modern office towers in the United States city, was bom of the ambitions ol consecutive terms), directed city govern- ble mark on the corporate identity of the were designed in one of SOM's major entrepreneurs. Historically, Houston ment m a iv.it that facilitated real estate city. SOM's high standards o) efficiency offices, including the Inland Steel build- has placed enormous value on highly development. During the 1970s the and design frame the lineage ol mid ing in Chicago and lever I louse in New capitalized infrastructure. The successive southwestern United States saw a spec- 2llih cenmn American modernism. Aftet York City.' SOM is responsible for many development of water, rail, highway, tacular spurt in urban growth and con- the critical frenzy of the postmodern gen- of Houston's must significant buildings, and air transportation networks is a struction, and, by I "MO, Houston's sky- eration, it now appears tenable to consid- which, in sequence, trace the develop- measure of both individual vision and line was overshadowed only by those ol er modernist accomplishments with a ment ol modernism's faith in the rational n immunity commitment. Chicago and New York. view toward refreshing imr own contem- .is the v elude ol design, The post-World War II period de- In this context of confident economic porary agenda. Since its founding in Houston's urban development, unreg- fined I lousron's reputation for untein- expansion, SOM arrived as the purvetoi Chicago m IV.16, SUM has produced a ulated by zoning, might be understood as pered fervent growth. Houston's image ot high modern design. Although Hous- variety ol building types, interior pro- an act of collective will, and the relation- of itself as the'Vity of the future" began ton's SOM buildings were the products of jects, and urban designs. Among these, it ship of the city to its natural resources when it was chosen as the site for v.i r u n is d e s i g n e r s a s s o c i a t e d w i t h d liter is the highrisc office rower with which has always been oblique. Shaped more by NASA's Manned Spacecraft Center in cut offices, and variety definitely perme- CITE Viiiii 19 9/ 1999 35 Tenrwco Building, 1010 Milom, Slidmore, Owings I Mtnill, arihitnls. 1963. !n it Fir % I Gty Halionol Bank Building, 1001 Main Street, Skidmorc, Owingi & M-c-r rill, orthi- O m Shell Plain, 910 Louisiana, Skidmore, Owingi I Merrill, crrhiicdi with Wil- tecls with Wilton, Minis, Croin t, Anderson, (insulting nrdiitKti, 1960. son, Morris, (rain l Anderson, associate cnhiirriv 1971. .1U-. the work. Certain salient charaetens- ty ol architecture. SOM's buildings are consultants to the I louston architects the office tower. tics .ire generally present. The buildings clear, forthright, and bold. They extend Golemon it Rolfe, SOM designed this While not comparable to SOM's prin- consistent!) display an extreme degree <tt the discourse ol the modern masters, IS story building as a version ol the ciple Southern buildings of the 1950s (the rationalization often derived hum engi- orchestrating the tree organization of I i vcr I loiisi formula adapted to 1 louston I'au American Insurance building in New neering. Consequently, architectural iden- space within a rational framework that and its automobile culture. An office slab Orleans and the Reynolds Metals Com- tity was linked lo structural and service is materially refined, precisely detailed, rises from a lower block — a floating pany headquarters in Richmond), the systems. SOM designed buildings with and abstractly rendered, base tilled by a parking garage — in con- Medical lowers building yields insight controlled environ men ts in which every- Consistent with national corporate trast to the social space thai occupies the into whai might be described .is essential thing fit together in a systematic, integral trends toward subiirbani/ing the work- base of New York's Lever I louse. The characteristics ot the firm's work. Grid- manner, and the work was promoted via place, the Texas Medical Center estab base, covering the site, creates a street ded surfaces, exact profiles, crisp detail- us practical appeal and modern magic. lislicd a significant challenge to Houston's wall next to generous sidewalks umsis ing, a high degree ol apparent order, and Rather than reacting to the vicissitudes downtown in the ll>siK. t ontriburing to tent with those of the neighboring blocks slight inflections in plan create an image of circumstance, SOM's Houston work this vision of multistory buildings amid on I'annm and Main streets. I lie fust of superior rationale, and a place that is is dedicated to carefulh reasoned spatial green space was SOM's first I louston Moor ol the Medical lowers contains dramatical!) modern. By the mid l<"S<k, organization and construction and to ele- building — the Medical lowers building street-front shops anil an elevator core modernism was becoming synonymous gant aesthetics as the cultural responsibili- ol lfS.3-.ST7 at Drvdcn and lannin. As that services both the parking levels anil with the height ol corporate style in the CITE 3 6 N i n 1 11 1 9 9 i 19 9 5 49 W'ri'Htigv IJ teat ion - N* Urn* i— O.*™ clad in white Vermont marble, carries the design expression is relegated to elements ing rectangular tube. The increased depth gray-glass aluminum-Irame window wall, that involve the steel structural frame, of the columns at eight points around the which is set back five feet tor sun-shading which is clad in anodi/ed aluminum. building provides supplementary wind and window cleaning. The elegant mar- Touching the ground with monumental stiffening, while giving the impression ot ble-clad tower is rclcntlesslv express-ed, piers extending from the frame, the undulated walls and an unconventional rising directly from the ground unlettered Tenneco building is eminently rational, system of statics. This outer tube is fur- f'„ M..I....J V •.. by the banking hall, which is connected abstract, and pure, overtly designed as a ther stiffened by the sheer walls of the via two glass enclosed passages, The top logical diagram of its engineering ami interior elevator core. As a consequence, three floors of mechanical space are construction. An insulated glass curtain I lines was able to build the 50-story One Meditol Tower) Building, 1709 Diyden Street, Skidmoit, Owings incorporated in the continuous frame, wall is sei back from the projected frame Shell Plaza — at the time the tallest rein- I Merrill, toniulling qnhllscll to Golcmon & Rolf*, orchilecli, yielding a tower of remarkably bold to articulate its distinction and aid in sun- forced concrete building in the world — us;. composition and an image of rational shading. Unlike Tirst City, the Tenneco for the cost of a conventional steel structure wrought with some degree of building asserts its position as a monu- framed 35-story tower. United States. The Medical Towers Build- regional sensitivity to orientation. The ment at both its base and top, and pre- Tike Tirst (. itv and Tenneco. One ing represented an enthusiastic foray into clear-spanned, open banking hall is fitted sents an image of awesome scale, Shell Plaza is situated in the middle ol a this exciting elite world. Like the other with an aluminum curtain wall of huge Tirst City and Tenneco represent block, surrounded by an open plaza. SUM buildings that followed, this mod- glass panels and a continuous, luminous SOM at its peak: Buushaft's and Bassett's I lowever, the careful reassessment ol the em building was imminently compatible ceiling containing lixtures ingeniously crystallization and moiHimcnt.ili/arioii of interrelationship between the cost and with Houston, Imagine how liberating it arranged to cast light both downward modernist technique. The casual rational- speed ot construction, the value ot must have seemed In middle-class I Ions and up towards the ceiling. The vastness ity of the Medical Towers Building is here rentable space (beyond concerns ot home tomans in I 957 to stroll from the side- ol ilu- room, its openness and continuity transformed into the high solemnity of and corporate identity), and the construc- walk into an air conditioned lobby, or to with the out-of-doors, and the precise modern engineering — timeless, transcen- tion system employed here led to a build- step off the elevator to arrive in an office detailing of hundreds ol building compo- dent, ceremonial. ing of a markedly different character. The nents, including furnishings, make it ot expansive views made possible by the In the 1970s SOM's work in Houston rationale which in Buushaft and Basset an exceptional space. Even today, in large panels of glass and the building's displayed a different emphasis. The 50- gave rise to an elegant, monumental cor- its unoccupied state, this room has position in the middle of the block.
Recommended publications
  • Energy Star Qualified Buildings
    1 ENERGY STAR® Qualified Buildings As of 1-1-03 Building Address City State Alabama 10044 3535 Colonnade Parkway Birmingham AL Bellsouth City Center 600 N 19th St. Birmingham AL Arkansas 598 John L. McClellan Memorial Veterans Hospital 4300 West 7th Street Little Rock AR Arizona 24th at Camelback 2375 E Camelback Phoenix AZ Phoenix Federal Courthouse -AZ0052ZZ 230 N. First Ave. Phoenix AZ 649 N. Arizona VA Health Care System - Prescott 500 Highway 89 North Prescott AZ America West Airlines Corporate Headquarters 111 W. Rio Salado Pkwy. Tempe AZ Tempe, AZ - Branch 83 2032 West Fourth Street Tempe AZ 678 Southern Arizona VA Health Care System-Tucson 3601 South 6th Avenue Tucson AZ Federal Building 300 West Congress Tucson AZ Holualoa Centre East 7810-7840 East Broadway Tucson AZ Holualoa Corporate Center 7750 East Broadway Tucson AZ Thomas O' Price Service Center Building #1 4004 S. Park Ave. Tucson AZ California Agoura Westlake 31355 31355 Oak Crest Drive Agoura CA Agoura Westlake 31365 31365 Oak Crest Drive Agoura CA Agoura Westlake 4373 4373 Park Terrace Dr Agoura CA Stadium Centre 2099 S. State College Anaheim CA Team Disney Anaheim 700 West Ball Road Anaheim CA Anahiem City Centre 222 S Harbor Blvd. Anahiem CA 91 Freeway Business Center 17100 Poineer Blvd. Artesia CA California Twin Towers 4900 California Ave. Bakersfield CA Parkway Center 4200 Truxton Bakersfield CA Building 69 1 Cyclotron Rd. Berkeley CA 120 Spalding 120 Spalding Dr. Beverly Hills CA 8383 Wilshire 8383 Wilshire Blvd. Beverly Hills CA 9100 9100 Wilshire Blvd. Beverly Hills CA 9665 Wilshire 9665 Wilshire Blvd.
    [Show full text]
  • Iconic Tower — Transformed for Today Rebuilding the Tenant Experience from the Ground Up
    Iconic Tower — Transformed for Today Rebuilding the tenant experience from the ground up —————— —————— This landmark tower has been transformed A new freestanding restaurant with an engaging into a modern, sustainable, innovation hub to outdoor space will be ideal for activities; a new food support Houston’s leading creative companies — hall-style café on the ground level offers healthy designed to meet or exceed the demands and convenient menu options; new common-areas of a changing workforce, today and tomorrow. include a comfortable lobby lounge ideal for coffee, —————— connecting or disconnecting; plus access to a spa- Meticulously maintained and operated since styled fitness center featuring health and wellness this iconic property was first commissioned as activities for group or self-paced programs. a global corporate headquarters by a leading —————— energy company. 5555 San Felipe is owner-operated and —————— maintained with an eco-friendly and sustainable With a focus on helping modern organizations approach. Our award-winning project is LEED Gold inspire talent, every aspect of the renovation certified and participates in various campaigns delivers a more perfect balance between hospitality for recycling, conservation and green-building and workspace — from the arrival experience, to operations. At every level, our tenants and their three levels of new and enhanced amenities. satisfaction come first. Transformation —————— Everything your team needs to thrive M-M Properties set a vision of rebuilding the tenant experience from the ground up. There are new modern finishes, three full floors of curated amenities and light-filled spaces. There will also be a new, freestanding signature restaurant. 5555 San Felipe is an inspired and FREESTANDING RESTAURANT – ACTIVITY LAWN collaborative office environment — the destination workplace — for today’s valuable employees.
    [Show full text]
  • Houston Office Marketview
    MARKETVIEW Houston Office, Q4 2018 Houston’s absorption positive for the first time in 2018 Vacancy Rate Avg. Asking Rate Net Absorption Under Construction 18.6% $29.00 PSF 590,320 SF 2.23 MSF *Arrows indicate trend from previous quarter. Figure 1: Houston Office Market Trends MSF 60 25% 50 20% 40 15% 30 10% 20 10 5% 0 0% 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Direct SF Sublease SF Vacancy (%) Availability (%) Source: CBRE Research, Q4 2018. HOUSTON MARKET FINISHES 2018 STRONG EXPIRING SUBLEASE MEANS HIGHER VACANCY In a reversal of course, Houston saw positive net absorption overall in the fourth quarter for the first After peaking at 23.0% in Q2 2018, total availability time this year. Specifically, the consulting, dropped to 22.4% in the fourth quarter. While technology and energy industries all boasted positive availability declined, vacancy continued to climb and absorption. On the downside, the Energy Corridor peaked at 18.6%, partly a result of more than 1 struggled with 197,000 sq. ft. of negative absorption, million sq. ft. of sublease space expiring and largely due to Amec Foster Wheeler vacating all of becoming vacant rather than being absorbed. Energy Center I. The move followed a merger with Persistent sublease space rolling vacant will likely the Wood Group. put downward pressure on asking rents in the The fourth quarter saw wild movement in oil prices, coming quarters despite the early signs of recover. with West Texas Intermediate Crude (WTI) first peaking at $76.90/bbl on October 3rd and closing the FLIGHT TO QUALITY CONTINUES quarter at $45.41/bbl.
    [Show full text]
  • 2007 Labeled Buildings List Final Feb6 Bystate
    ENERGY STAR® Qualified Buildings and Manufacturing Plants As of December 31, 2007 Building/Plant Name City State Building/Plant Type Alabama Calhoun County Administration Building Anniston AL Courthouse Calhoun County Court House Anniston AL Courthouse 10044 Birmingham AL Office Alabama Operations Center Birmingham AL Office BellSouth City Center Birmingham AL Office Birmingham Homewood TownePlace Suites by Marriott Birmingham AL Hotel/Motel Roberta Plant Calera AL Cement Plant Honda Manufacturing of Alabama, LLC Lincoln AL Auto Assembly Plant Alaska Elmendorf AFB, 3MDG, DoD/VA Joint Venture Hospital Elmendorf Air Force Base AK Hospital Arizona 311QW - Phoenix Chandler Courtyard Chandler AZ Hotel/Motel Bashas' Chandler AZ Supermarket/Grocery Bashas' Food City Chandler AZ Supermarket/Grocery Phoenix Cement Clarkdale AZ Cement Plant Flagstaff Embassy Suites Flagstaff AZ Hotel/Motel Fort Defiance Indian Hospital Fort Defiance AZ Hospital 311K5 - Phoenix Mesa Courtyard Mesa AZ Hotel/Motel 100 North 15th Avenue Building Phoenix AZ Office 1110 West Washington Building Phoenix AZ Office 24th at Camelback Phoenix AZ Office 311JF - Phoenix Camelback Courtyard Phoenix AZ Hotel/Motel 311K3 - Courtyard Phoenix Airport Phoenix AZ Hotel/Motel 311K4 - Phoenix North Courtyard Phoenix AZ Hotel/Motel 3131 East Camelback Phoenix AZ Office 57442 - Phoenix Airport Residence Inn Phoenix AZ Hotel/Motel Arboleda Phoenix AZ Office Bashas' Food City Phoenix AZ Supermarket/Grocery Biltmore Commerce Center Phoenix AZ Office Biltmore Financial Center I Phoenix AZ
    [Show full text]
  • HOUSTON, TEXAS Office Sublease Options
    HOUSTON, TEXAS Office Sublease Options Prepared for: Prepared by: BOBBIE BOZARTH, Senior Vice President 1900 West Loop South, Suite 1300 Houston, TX 77027 713.272.1221 [email protected] MAP OF PROPERTIES 2/9/2015 This copyrighted report contains research licensed to Transwestern - 523890. Page 1 PROFILES AND FLOOR PLANS 1 1616 S Voss Rd Location: San Felipe/Voss Cluster Building Type: Class B Office San Felipe/Voss Submarket Harris County Status: Built Oct 1980, Renov 1991 Houston, TX 77057 Stories: 10 RBA: 179,061 SF Typical Floor: 17,876 SF Developer: Russo Properties, Inc. Total Avail: 23,072 SF % Leased: 97.6% Management: Unilev Management Corp Recorded Owner: Sanvoss Properties, LP Expenses: 2014 Combined Tax/Ops @ $10.88/sf; 2010 Est Ops @ $7.42/sf Parcel Number: 0410280040368 Parking: Ratio of 3.50/1,000 SF Amenities: Atrium, Controlled Access, Energy Star Labeled, On Site Management, Security System Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type P 1st 5,144 5,144 5,144 $25.00/fs 05/2015 Thru Jun 2017 Sublet P 3rd / Suite 305 4,404 4,404 4,404 $19.00/nnn 30 Days Negotiable Direct P 4th / Suite 450 4,643 9,226 9,226 $19.00/nnn 06/2015 Negotiable Direct P 4th / Suite 475 4,583 9,226 9,226 $19.00/nnn Negotiable Negotiable Direct P 5th / Suite 510 1,489 1,489 1,489 $19.00/nnn Vacant Negotiable Direct P 8th / Suite 810 1,546 1,546 1,546 $19.00/nnn Vacant Negotiable Direct P 8th / Suite 890 1,263 1,263 1,263 $19.00/nnn Vacant Negotiable Direct 2/9/2015 This copyrighted report contains research licensed to Transwestern - 523890.
    [Show full text]
  • Computrols-Corporate-Portfolio-US
    Computrols Corporate Portfolio 826 Lafayette Street, New Orleans, Louisiana 70113 | Phone: 504.529.1413 | www.computrols.com Computrols U.S. Portfolio Overview JPMorgan Chase Tower The Statue of Liberty Five Post Oak Park Houston, Texas Liberty Island, New York Houston, Texas 9,500 points 1,000 Points 2,000 points 1.7 million square feet Computrols CBAS 567,396 square feet Computrols CBAS CSimon Fire Protection System Computrols CBAS CBAS-Web Accounting Module Wells Fargo Plaza Wachovia Financial Center One Shell Square Houston, Texas Miami, Florida New Orleans, Louisiana 5,000 points 3,000 points 9,000 points Computrols CBAS 1.15 million square feet 1.7 million square feet LCER32 Lighting Controller Computrols CBAS Computrols CBAS CBAS-Web Accounting Module CSimon Fire Protection System CBAS-Mobile 1 & 2 Greenway Plaza Seagram Building 1100 Louisiana Houston, Texas New York, New York Houston, Texas 10,000 points 5,000 points 1.3 million square feet Computrols CBAS 800,000 square feet Computrols CBAS CBAS-Web Accounting Module Computrols CBAS LCER32 Lighting Controller Pan American Life One Brickell Square 1400 Smith Street New Orleans, Louisiana Miami, Florida Houston, Texas 9,050 points 415,000 square feet 1.25 million square feet Computrols CBAS Computrols CBAS Computrols CBAS CSimon Fire Protection System CBAS-Mobile Access Control Access Control San Felipe Plaza Houston, Texas 4,000 points Computrols CBAS CBAS-Mobile Access Control Computrols Incorporated | 826 Lafayette Street, New Orleans, LA 70113 | Phone: 504.529.1413 | www.computrols.com © Copyright 2009 by Computrols Incorporated. All rights reserved. Computrols, and Computrols C, are registred trademarks of Computrols, Inc.
    [Show full text]
  • 3Q 2018 Houston Office Market Report
    MAR KET AT A GLANCE HOUSTON OFFICE MARKET REPORT THIRD QUARTER 2018 PROPERTY SERVICES | DEVELOPMENT | INVESTMENT MAR KET AT A GLANCE Q3 | 2018 HOUSTON OFFICE MARKET ECONOMIC OVERVIEW Houston’s economy has accelerated over the past year as the energy industry continues to recover following a two-year oil bust that hit bottom in 2016 and the construction industry shows no sign of slowing in post-Hurricane Harvey rebuilding. Houston employers have expanded their payrolls by 110,200 jobs over the past 12 months ending in August 2018, representing a 3.7% increase for the period. The largest annual employment gains have occurred in professional & business services (35,000 jobs), construction (28,900 jobs) and trade, transportation & utilities (17,300 jobs). Meanwhile, the metro area’s unemployment rate has fallen 80 basis points to 4.2% over the prior 12 months to reach its lowest seasonally adjusted unemployment rate since February 2008. The energy sector maintained its strong momentum during the third quarter as sustained global economic growth, OPEC supply cuts, the restoration of Iran sanctions TABLE OF CONTENTS are just some of the factors that have contributed to the turnaround. West Texas Economic Overview ................................................2 Intermediate (WTI) crude oil price has enjoyed its strongest rally in eight years, starting the year in the low $60 range and rising to $75 per barrel to reach its highest level Office Market Assessment .....................................3 since November 2014. The combination of rising prices and record production has translated into solid profits for Houston’s energy companies, which, in turn, is boosting Net Absorption & Occupancy .................................4 manufacturing, professional services and other sectors connected to oil and gas.
    [Show full text]
  • 17Th Floor, San Felipe Plaza, 5847 San Felipe, Houston, Texas, USA
    17th Floor, San Felipe Plaza, 5847 San Felipe, Houston, Texas, USA View this office online at: https://www.newofficeamerica.com/details/serviced-offices-san-felipe-plaza-5 847-houston Comprising of 45 floors, this business centre resides on the 17th floor of the tallest buildings in the area and offers your business a prestigious address and spectacular views. Offices are spacious and bright, brimming with contemporary style and the latest technology to project a good corporate image for your business. Use of the executive meeting rooms are included as well as the on-site internet cafe which offers the perfect setting for keeping refreshed, working lunches and networking opportunities. Visitors are guaranteed to be impressed by the three-storey entrance lobby which boasts magnificent marble, granite and wood finishes with an open mezzanine on the second level, all complimented by the friendly and professional receptionist who offers extensive support. Transport links Nearest road: Nearest airport: Location Home to some of the finest office accommodation, Uptown Houston is a bustling district which has plenty to offer developing businesses. There are around 2,000 corporations close by with many of the residents belonging to insurance, law, energy, financial and IT sectors, not to mention the international fashion brands which have made Uptown Houston a well-esteemed location. There are plenty of restaurants, cafes and shops close by including the Galleria which is one of the 10 largest retail centres in the US, all of which are well-served by bus routes. For drivers, there is excellent connectivity to Interstate 10, the 59 Freeway and the 610 West Loop while George Bush Intercontinental Airport can be reached within a half an hour drive.
    [Show full text]
  • Houston's Office Market Closes out 2018 with Positive Net Absorption
    Research & Forecast Report HOUSTON | OFFICE Q4 2018 Houston’s office market closes out 2018 with positive net absorption Lisa Bridges Director of Market Research | Houston Houston’s office market continues to take baby steps towards filling vacant space emptied during the energy downturn. In Q4 2018, the market posted positive absorption of 1.9 million SF, a substantial Market Indicators Annual Quarterly Quarterly increase from the negative 0.4 million SF of absorption recorded Relative to prior period Change Change Forecast* one year ago. Leasing activity remained steady over the quarter at VACANCY 3.5M SF pushing the year-end total to 14M SF. Houston’s overall vacancy rate fell slightly from 20.6% to 20.0% over the quarter, NET ABSORPTION but it is still well above Houston’s 5-year average vacancy rate of NEW CONSTRUCTION 16.4%. UNDER CONSTRUCTION Construction activity decreased in Q4 2018 from 3.2M SF to 2.5M SF as several new buildings were delivered. HP’s and ABS’s new *Projected CityPlace buildings in The Woodlands submarket delivered during Q4 2018. Houston’s job growth increased by 3.7% over the year, according to recent data released by the US Bureau of Labor Statistics. The Houston MSA created 114,400 jobs (not seasonally adjusted) between November 2017 and November 2018, growing faster than Summary Statistics the U.S. during the same time period. Employment sectors with the Houston Office Market Q4 2017 Q3 2018 Q4 2018 most substantial growth include support activities for mining which Vacancy Rate 19.9% 20.6% 20.0% grew by 11.7% over the year, construction increased by 10.8% and durable goods manufacturing was up by 9.0% over the year.
    [Show full text]
  • 44 Units 0.99 ACRES 5701 Schumacher Lane | Houston, TX 77057 2
    49M SF 150,000+ 9 1.2M SF MINUTE MAID PARK TOYOTA CENTER CLASS A Employees FORTUNE GEORGE R. BROWN HOUSTON ASTROS HOUSTON ROCKETS OFFICE 500 CONVENTION CENTER COMPANIES cbd 2,000 82,000+ 21M SF OF 5M SF 1,000+ 14TH LARGEST COMPANIES EMPLOYEES OFFICE SPACE OF RETAIL STORES BUSINESS DISTRICT IN NATION 7 uptown/galleria mi 610 1 mi chimney rock rd richmond ave anderson park fullyfountain renovated view dr located in Supply Outlook Excellent asset with uptown/galleria, Produces Infill Location minimal deferred one of houston’s Favorable Providing maintenance most desirable Multifamily Immediate Access submarkets Fundamentals to 350,000 Jobs 44 units 0.99 ACRES 5701 schumacher lane | Houston, TX 77057 2 PRICE # OF UNITS YEAR BUILT TBD 44 1965 TOTAL AVERAGE OCCUPANCY ACREAGE UNIT SIZE (LEASED) 0.99 703 SF 93% NET RENTABLE AVG MARKET RENT AVG MARKET RENT AREA PER MONTH PER SF 30,948 SF $949 $1.35 anderson park 3 investment fully renovated asset highlights Minimal deferred maintenance Faux wood flooring Granite countertops asset in rapidly improving submarket • T12 Rent Growth in Galleria/Uptown uptown | galleria Submarket: 5% Galleria/Uptown Submarket Performance • T12 Occupancy Growth: $1.50 92% 5.0% $1.48 90% • Class B Rent have $1.46 grown nearly 6.0% after $1.44 bottoming out at $1.13 in 88% June 2017 $1.42 $1.40 86% $1.38 84% $1.36 $1.34 82% $1.32 $1.30 80% Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Occ% Rate 2018
    [Show full text]
  • Labeled Buildings As of 12-31-2003
    ENERGY STAR® Qualified Buildings As of January 1, 2004 Building Name Address City State Alabama 10006 3196 Highway 280 South Birmingham AL 10044 3535 Colonnade Parkway Birmingham AL Bellsouth City Center 600 N 19th St. Birmingham AL Arkansas 598 John L. McClellan Memorial Veterans Hospital 4300 West 7th Street Little Rock AR Arizona 24th at Camelback 2375 E Camelback Phoenix AZ 3131 Camelback 3131 E Camelback Phoenix AZ Brookstone Office Buildings 340 E Palm Lane Phoenix AZ Phoenix Federal Courthouse/AZ0052ZZ 230 N First Ave. Phoenix AZ 649 Northern Arizona VA Health Care System - Prescott 500 Highway 89 North Prescott AZ America West Airlines Corporate Headquarters 111 W Rio Salado Pkwy. Tempe AZ Hayden Square Bldg E 51 W 3rd St Tempe AZ Tempe, AZ - Branch 83 2032 West Fourth Street Tempe AZ 678 Southern Arizona VA Health Care System - Tucson 3601 South 6th Avenue Tucson AZ CRS-Santa Rita 310 N Commerce Lp Tucson AZ Federal Building 300 West Congress Tucson AZ Holualoa Centre East 7810-7840 East Broadway Tucson AZ Holualoa Corporate Center 7750 East Broadway Tucson AZ Thomas O' Price Service Center Building #1 4004 S. Park Ave. Tucson AZ California 30401 Agoura 30401 Agoura Rd. Agoura CA Agoura Westlake 31355 31355 Oak Crest Drive Agoura CA Agoura Westlake 31365 31365 Oak Crest Drive Agoura CA Agoura Westlake 4373 4373 Park Terrace Dr Agoura CA Stadium Centre 2099 S State College Anaheim CA Team Disney Anaheim 700 West Ball Road Anaheim CA Anaheim City Centre 222 S Harbor Blvd. Anaheim CA 91 Freeway Business Center 17100 Pioneer Blvd.
    [Show full text]
  • Fate of the Houston Skyline: Strategies Adopted for Rehabilitating Mid- Century Modern High-Rises
    Fate of the Houston Skyline: Strategies adopted for Rehabilitating Mid- Century Modern High-Rises Urmila Srinivasan M.Arch II, Preservation May 2014 Committee Supervisor: Dr. Michael Holleran Reader: Ulrich Dangel Graduate Program in Historic Preservation School of Architecture University of Texas at Austin \ Copyright By Urmila Srinivasan 2014 ii Abstract Title: Fate of the Houston Skyline: Strategies adopted for Rehabilitating Mid- Century Modern High-Rise s Student : Urmila Srinivasan Degree : M.Arch II (Historic Presdrvation) A recent report by Terrapin Bright Green “Mid-century (Un) Modern” discusses the desperate condition of mid-century modern high-rises in Manhattan. The article argues that it would be beneficial both economically and environmentally to demolish these buildings and build new ones with an assumed increase in FAR. To re-build, repair or re-skin are the questions Mid-century Modern High-rises (MMH) face today. This study focuses on Houston, Texas, which is very different from New York City both climatically and from a planning stand point. It is dreaded for its hot and humid climate and notorious for its consistent refusal to adopt any zoning. These high-rises in Houston represent the economic success of the city immediately after WWII. These buildings were constructed as the city transformed from the Bayou City to the Space city. In this study I have mapped the status of these high-rises and the strategies that were used to renovate them. The questions I further wish to address are how preservation or energy efficiency are addressed while renovating these buildings. Even preservationists might agree that all buildings are not equal and a new look would benefit some.
    [Show full text]