DOCSLIB.ORG

35 Years of One Shell Plaza

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
35 Years of One Shell Plaza iiiiiilliiiiiiiiiiiiiiiiiiiiini IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII =IIB ••••••••••••••••••iiiiiiiiiini i ........ aasS§| iiiiiiimiiiiiiiiiiiiiiiiiiiui IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIIBIIIIIIIIIIIIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIII /flffllfllfff IIIIIIIIIIIIIIIIIIIIIIIIIIIIIII fllllllflllll firfiffiifin IIIIIIIIIIIIIIIIIIIIIIIIIIIIIRII /ifffiffifiii llllllllllllllllllllllllllllllll fiifiiifiini "?ffiiiifiii 1111111111111111111111111111111 »lfffifilllii nmmun «lllllllllllllllllllllllllllllll i«»ni llllllllllllllllllllllllllllllll s llllllllllmmmllllllllmll IHIIIIIIIIIIIIIIIIIIIIIIIIIIIIl IIIIIIIIHIIIIIIIIIHimillllll ^IIIIEPIIIll till Ellililllllll llllllllllllllllllllllllllllllll Ss lllllllllllllllllllllllltlllllll railllllllllBl^llllJIIll I '0^4 CITE 67 : SUMMER 2006 25 35 Years of One Shell Plaza Once the world's tallest concrete building, One Shell Plaza still has lessons to teach INTERVIEW W I T H J O S E P H C O L A C O BY W I L L I A M F. S T E R N A N D C H R I S T O F S P I E L E R When it wus finished m Il>7l, One Shell tin this project, research that has served beams welded together at very, very close the post modern movement came about. Plaza was the world's tallest concrete the industry well over many, many years. S[\K nig. I he World 11.ufe i enter had Before that we had basically a Miesi.m- building. The 7IS-foot, 50-story build- And then when I moved ro Houston in columns that were three-feet-four-inches type design, which some call International ing, which fills the block bounded by I4f>^, the building was just about fin- on center on the outside and a very deep Style, buildings were fairly regular. They Louisiana. Smith. Walker, and McKinney. ished. For the last 3.5 years, I have been spandrel beam. F.ssenrially, you could were rectangular, ihey prcttv much went was also Gerald D. Hines' first project involved in whatever tenant work and look at the facade as a sheet of steel straight up and down, and so you could in downtown Houston, and it drew changes that have been made on the with punched rectangular windows. It develop a whole family of structural attention not only for its size, hut jor project. So it has been a project that 1 was built as a column/beam system, but systems that suited that kind ot design. the close collaboration between design have been associated with for almost 40 it was actually just a sheet of steel with When you have the post-modern type architect and chief engineer. As princi- years now. openings. In that respect, it was similar architectural expression, you very seldom pal ami founder of his own firm, CUM to One Shell Plaza. If you step back and get the opportunity to do a perimeter Engineers, and as a teacher of engineering CITE: Mow does One Shell I'laza fit into look at One Shell Plaza, the columns are frame system, because the structure does tn architecture students at the Unhteristy the evolution of high-rise structures? six feet on center with a very deep span- not go up straight from top to bottom. So of Houston. Joseph Colaco knows struc- COLACO: Dr. Fazlui Khan, my boss at drel, |list with rectangular openings, so it you have to come up with different types tural engineering firsthand. He worked SOM [Skidmore, Owings & Merrill| at is a perforated tube on the outside. The of systems. as project structural engineer on (me the time, essentially developed the catalog difference between One Shell Plaza and Shell I'laza. and watched as its structural of structural systems based on general the World Trade Center was that we also CITE: One Shell Plaza is concrete, while innovations took root. To mark the 1 Sth heights of buildings. For heights up to have a core in One Shell Plaza made of most ol the buildings l-'azlur Khan is anniversary of the building. Cite edito- about 30 stories, we could generally concrete walls. And in the World Trade known for are steel. What led to the rial board members William l\ Stern and use what we call a frame type structure. Center, there was no core. The entire choice of material? Christof Spieler sat down with Colaco Co Once you get up in the 50-story category, resisting system was in the perimeter of COLACO: SOM had done a 3N-story talk about One Shell Plaza, the collabo- you have to tie two structural Systems the building. One Shell I'laza, being 50 building called the Brunswick building in ration between architects and engineers, together and do a shear wall with a stories, falls in the intermediate category Chicago. It was an all-concrete building. and how that has changed since the frame, what he termed the tuhe-in-tuhe where you have a tube iti tube. You And what that developed was a style thai building was constructed. type system. And once you keep getting have a shear wall core, which forms one combined structure and architecture into higher than that, you get closer to 75 to tube, and then you have ,i perimeter col- one expression. When you can develop a CITes Looking hack on it now, what does 100 stories tall, you do what we call a umn and beam system, which is a frame, combined architectural/structural system, One Slii'll Plaza mean to you? tubular design, which is where all ol the and forms a perimeter tube. In the pan- not only is it aesthetically pleasing and JOSEPH COLACO: It means a whole lot to resistance is put on the exterior of the theon of structural systems, it's right in makes sense, but you get the benefit ol me for a whole lot of reasons. One was building. One example of that design is the middle. having the architectural elements, like that at the time it was built it was the the |ohn Hancock Center in Chicago. the skin of the building, provided in the tallest concrete building in the world. It Another is the World Trade Center, which CITE: I low has this catalog ol systems structural frame. You develop a lot ol was a verv innovative structural system, unfortunately collapsed. That was a changed since One Shell Plaza was built? economies. So when they starred talk- There was a great deal of research done frame tube, where vou have columns and COLACO: The biggest change was when ing about One Shell I'laza. that theme ol combined architectural/structural my father asked what I wanted t<> do, I expression came about, it you look at the said that engineering sounds like a ihing design, you will see that the building is I could fall into. And so my dad went to clad with travertine. And right behind the check with some of his friends, and India travertine is a concrete frame that exactly was in a tremendous kick at the time minors the travertine exterior system. with construction projects coming out all Tin- glass is essentially placed within the over the country. concrete frame, so you do not have to provide an expensive aluminum system to CITE: When was this? hold the cladding in place. The concrete COLACO: I'm talking about 1955-1957. structure, in effect, is the backup system By the second year of college I'd pretty for all the travertine and glass. link li ili-, uled to go to engineering school. I got admitted to another col- CITE: Tell us about the way the building lege, also in Bombay, and the nice thing curves out at the corners. about that college was that there were all COLACO: The reason the building curves different branches of engineering—civil, Out at the corners has to do with the mechanical, electrical, textile, and chemi- way the gravity loads and the weights of cal. All these had the same curriculum the floors are transmitted CO I he exterior for the first year. But hy the second year columns. One Shell has got very closely I li.nl in i In nisi-. \nd in s quickls I came spaced columns. They arc six feet on cen- to the conclusion that civil and structural ter along the facade, and going through were where I wanted to he because I liked the building you have 36 feet between buildings, and I liked to be outdoors, the outside column and the core. The and I liked to see things finished. After core is MI (eel Jeep, and anoilu i ;'-> leet I graduated I worked lor a year lor a mi the other side. When you come to British company in India. Basically my the corners, you have a two-way system, job was to set up a pre-cast concrete fac- and when you have a two-way system, iiu \ in Kinnli.li. \iul Mien I * .line in ilk the loads thai come Irom (he floors gel University of Illinois for graduate work. concentrated in the column bands that And that's where, when I was finishing are at the ends of the grid and not in the up my I'hD dissertation, Dr. Fazlur Khan corners. II you accumulate this load over called. I lis former advisor was ins .win 50 stories, those columns have much sor. That was in 1965. heavier loads than the columns going towards the corner on the facade, and CITE: Fa/.I u r Khan is probably one of so they have to be made bigger in order the best-remembered structural engi- to keep the stress level on the columns neers in U.S. history. What can you tell all the same, which is a guiding principle us about him? HI i.ill building design. In this particular COLACO: Dr. Khan was an engineer case, the decision was made to express working at SOM in Chicago.
Load more

Recommended publications
  • Robert Kinsell
    H O O K S – E P S T E I N G A L L E R I E S 2631 Colquitt Houston, TX 77098 713.522.0718 ROBERT KINSELL EDUCATION 1985 University of Wisconsin/Madison, MFA Painting 1984 University of Wisconsin/Madison, MA Painting 1973 DePauw University, Greencastle, Indiana, BA 1971 Great Lakes College Association, New York Arts Program, Apprenticeship to Philip Pearlstein SELECTED SOLO EXHIBITIONS 2016 Blazes in the Desert, Hooks-Epstein Galleries, Houston, TX 2012 Object Lessons, McMurtrey Gallery, Houston, TX 2010 Concrete Illusions, McMurtrey Gallery, Houston, TX 2008 The Desert, Inside and Out, McMurtrey Gallery, Houston, TX 2007 Against the Wall, Ann Nathan Gallery, Chicago, IL 2006 Imposed Realities, McMurtrey Gallery, Houston, TX 2004 Past and Present, Longview Museum of Fine Art, Longview, TX New Paintings, McMurtrey Gallery, Houston, TX 2002 McMurtrey Gallery, Houston, TX 2001 The Digital Print, The Image Gallery, Longview, TX Reality - Virtual and Otherwise, The Texas Christian University, Ft. Worth, TX 2000 Robert Kinsell: New Paintings, McMurtrey Gallery, Houston, TX 1999 Robert Kinsell, The Secret Life of Objects: Ten Years in Texas, Museum of East Texas, Lufkin, TX 1998 McMurtrey Gallery, Houston, TX 1996 McMurtrey Gallery, Houston, TX 1994 Robert Kinsell: Still Life Paintings, Lon Morris College, Jacksonville, TX 1993 McMurtrey Gallery, Houston, TX 1991 McMurtrey Gallery, Houston, TX 1988 University of Wisconsin Center, Janesville, WI 1987 Rahr-West Museum, Manitowoc, WI 1978 Dobrick Gallery, Chicago, IL 1974 Three Form Gallery, Chicago, IL 1973 Krannert Drawing Room, Purdue University, West Lafayette, IN SELECTED GROUP EXHIBITIONS 2007 Red Revisited, McMurtrey Gallery, Houston, TX SFA Faculty Exhibition, SFA Gallery, Stephen F.
    [Show full text]
  • K:\ARPEGGIO\LIBRARY\Html\2013 Lobby Lists
    TEXAS ETHICS COMMISSION 2013 LIST OF REGISTERED LOBBYISTS WITH EMPLOYERS/CLIENTS (EMP/C) SORTED BY CONCERN NAME Employer/Client Concern Mailing Address Lobbyist Lobbyist Address Compensation Type Amount Termination Date 10-Needham Inc. 16807 Needham Road Conroe, TX 77385 Eissler, W. Robert 1122 Colorado, Suite 200 Austin, TX 78701 Prospective Less Than $10,000.00 12/31/2013 1st American Pension Services, Inc. 1400 North Cooper Street Arlington, TX 76011 Bresnen, Steve 1801 Lavaca St. STE 13L Austin, TX 78701 Prospective Less Than $10,000.00 12/31/2013 2009 McKinney Management LLC Two Lincoln Center 5420 LBJ Freeway, Ste 550 Dallas, TX 75240 Woods, Lee A. 1122 Colorado, Ste 301 Austin, TX 78701 Paid $50,000 - $99,999.99 12/31/2013 24 Hour Fitness USA, Inc. 12647 Alcosta Boulevard, Suite 500 San Ramon, CA 94583 Goodell-Polan, Deborah P.O. Box 50272 Austin, TX 78763 Paid Less Than $10,000.00 12/31/2013 269 Kaufman Partners, LTD 5953 Dallas Parkway Suite 200 Plano, TX 75093 Booth, Brittney 1980 Post Oak Boulevard Suite 1380 Houston, TX 77056 Prospective Less Than $10,000.00 12/31/2013 Kuhl, P. John Jr. 1980 Post Oak Boulevard Suite 1380 Houston, TX 77056 Prospective Less Than $10,000.00 12/31/2013 Sanford, Marion 1980 Post Oak Boulevard Suite 1380 Houston, TX 77056 Prospective Less Than $10,000.00 12/31/2013 345 Fort Bend County JV 3200 Southwest Freeway Suite 3000 Houston, TX 77027 Carter, Nancy Allen Boone Humphries Robinson LLP 3200 Southwest Prospective Less Than $10,000.00 12/31/2013 Freeway, Ste 2600 Houston, TX 77027 Hogan, Kristen 3200 Southwest Freeway Suite 2600 Houston, TX 77027 Prospective Less Than $10,000.00 12/31/2013 Lary, Camm C.
    [Show full text]
  • Xavier University 160Th Commencement Exercises, 1998 Xavier University, Cincinnati, OH
    Xavier University Exhibit Xavier University Commencement Ceremonies University Archives and Special Collections Digital Collection 5-16-1998 Xavier University 160th Commencement Exercises, 1998 Xavier University, Cincinnati, OH Follow this and additional works at: https://www.exhibit.xavier.edu/commencement 1 998 XAVIER UNIVERSITY 160TH COMMENCEMENT MAY 16,1998 8:45AM My VISION FOR XAVIER "My vision for Xavier is simple. What I want most of all is that a Xavier education be ofsuch qualitythat each and every graduate will say: 'I received an absolutely superb education at Xavier. I could not have received a finer education any­ where in the world.' I want every Xavier graduate to say: 'I know that I am intellectually, morally and spiritually pre­ pared to take my place in a rapidly changing global society and to have a positive impact on that society - to live a life beyond myself for other people.' " James E. Hoff S.] President Xavier Uniz}ersity My VISION FOR XAVIER "My vision for Xavier is simple. What 1 want most of all is that a Xavier education be ofsuch quality that each and every graduate will say: 'I received an absolutely superb education at Xavier. 1 could not have received a finer education any­ where in the world.' 1 want every Xavier graduate to say: 'I know that I am intellectually, morally and spiritually pre­ pared to take my place in a rapidly changing global society and to have a positive impact on that society - to live a life beyond myself for other people.' " James E. Hoff, S.]. President Xtwier University XAVIER UNIVERSITY BOARD OF TRUSTEES Michael].
    [Show full text]
  • San Felipe @ Augusta Drive
    ± 2.1 ACRES ON AN IRREPLACEABLE CORNER 5850 SAN FELIPE @ AUGUSTA DRIVE FOR MORE INFORMATION, CONTACT: Simmi Jaggi Elizabeth Clampitt Chis Bergmann Jr. Managing Director Senior Vice President Vice President +1 713 888 4098 +1 713 888 4075 +1 713 425 5868 [email protected] [email protected] [email protected] INVESTMENT HIGHLIGHTS Fountainview Dr SAN FELIPE PLAZA Augusta Dr TANGLEWOOD PLAZA 11,570 VPD 37,930 VPD San Felipe St T.H. Rogers School / Post Oak Little League THE OFFERING — A PREMIER ECONOMIC STABILITY — SOLID DRIVERS REDEVELOPMENT OPPORTUNITY Located within the Houston-Galveston-Brazoria Consolidated Metropolitan Statistical Service Area (CMSA), the Property resides in the fifth largest JLL is pleased to present 5850 San Felipe Street to the market as a metropolitan area in the United States. The city is 9,444 square miles and has redevelopment opportunity. The entire tract totals approximately a population of approximately 6 million people. 2.1 acres with a +/- 119,168 SF Class B office building and parking garage. The available property offers frontage, access and DEMOGRAPHICS 1 MILE 3 MILE 5 MILE incredible visibility along both San Felipe and Augusta Streets. Population 27,816 190,841 529,157 The surrounding area is densely populated with some of the highest incomes in the city, single family homes, Class A apartments, Households 15,240 88,593 226,656 retail and restaurants including Dish Society, Local Foods, Ginza Families 6,056 41,739 119,627 Japanese, Mod Pizza, la Madeleine, Barnabys and many others . There are no restrictions on the property.
    [Show full text]
  • Structural Systems for Tall Apartment Towers 1. Book Chapter/Part
    ctbuh.org/papers Title: Structural Systems for Tall Apartment Towers Author: Joseph Colaco, CBM Engineers Subject: Structural Engineering Keyword: Structure Publication Date: 2005 Original Publication: CTBUH 2005 7th World Congress, New York Paper Type: 1. Book chapter/Part chapter 2. Journal paper 3. Conference proceeding 4. Unpublished conference paper 5. Magazine article 6. Unpublished © Council on Tall Buildings and Urban Habitat / Joseph Colaco Joseph P. Colaco, Ph.D., P.E. CBM Engineers, Inc. Joseph Phillip Colaco is among the leading specialists in building structures worldwide. He has made notable contributions to the advancement of the design and construction practice of structural engineering as it applies to tall buildings. He received his Bachelor of Science in Civil Engineering from the University of Bombay, his Master of Science in Civil Engineering from the University of Illinois, and his Doctorate of Philosophy in Civil Engineering from the University of Illinois. He began his career with the consulting firm of Skidmore, Owings & Merrill in Chicago, where he worked on the 100-story steel John Hancock Building in Chicago and the 50-story reinforced-concrete One Shell Plaza in Houston. Since 1975, Dr. Colaco has been the president of CBM Engineers, Inc., in Houston. He has done the conceptual design of 50 major building projects. Dr. Colaco is a member of the National Academy of Engineers, American Society of Civil Engineers, and the American Concrete Institute. He is a fellow of the Institute of Structural Engineers, U.K., and the American Society of Civil Engineers. ○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○ Structural Systems for Tall Apartment Towers The early development of structural systems for tall buildings concentrated on tall office towers.
    [Show full text]
  • Walking Tour – Houston Building Stones Revised 10/2008 Neal Immega – N [email protected] Houston Gem and Mineral Society, Houston Geologic Society
    Walking Tour – Houston Building Stones Revised 10/2008 Neal Immega – [email protected] Houston Gem and Mineral Society, Houston Geologic Society Start at Main Street Metro North Bound (NB) on the east side of the map ‘HoustonBuildingStones WalkingTour.gif. You need to do this tour during business hours when you can get into the buildings. The whole tour takes about 90 minutes. IBC Bank – 1001 McKinney - Just inside the bld is a lobby faced with a limestone made of stoney bryozoa. Age unknown Jesse Jones Building – JPMorgan Chase 712 Main St. – built in the old style with lots of decorative stone. Outside is scored Indiana limestone. Interior has marble and colored travertine (a flowstone deposit). Esperson Building 808 Travis, 815 Walker Town Mountain Granite from Austin, Bedford oolite, marble and serpentine (Verde Antique) http://uts.cc.utexas.edu/~rmr/tmg.html http://www.vermontmarbleandgranite.com/marble/vermont_verde_ant.htm Granite Building with Texas Star decoration – No name. Enter on the McKinney side. Back lighted onyx in escalator lobby. Basement has a Cretaceous rudist limestone and a Paleozoic stromatoporoid limestone. Wells Fargo Bank Building – flame cut poikilitic granite as pavement, zoned feldspars on the outside wall. Dynegy – 1400 Smith St. Black facing stone is a basic rock from Norway called Larvikite. http://www.toyen.uio.no/geomus/nettutstillinger/Osloriften/larvikitt-eng.html One Shell Plaza - 900 Louisiana Italian travertine. (Travertino Romano) Deposited by algae in freshwater hot springs. An inexpensive stone but a poor choice for an exterior stone. http://www.iltravertino.com/pagine/thecompany.html Houston City Hall – 901 Bagby Walls are Austin Stone (Cordova Shell) containing fossil shells.
    [Show full text]
  • Fall 2019 Phd Lecture Series
    Fall 2019 PhD Program in Architecture Illinois Institute of Technology PHD LECTURE SERIES Architecture, History & Technology August Welcome Back Meeting 22 Wel come August Joseph Colaco 29 Scholar, Department of Engineering and Computing , Florida International University, Miami Professor, College of Architecture, University of Houston Creativity in the Selection of Structural Systems for Tall Buildings September Ian Trivers 5 Visiting Assistant Professor of Urban Design, Washington University Mobilizing the High Line September Robert McCarter 12 Author, Architect, and Ruth and Norman Moore Professor of Architecture, Washington University in St. Louis The Space Within: Interior Experience as the Origin of COLACO Architecture September Kristin Jones 19 Adjunct Professor of Architecture, IIT TRIVERS From Critical to Transformative Pedagogy in Architectural McCARTER Education September Leonard R. Bachman JONES 26 Architect, Professor of Architecture, University of Houston, 1978-2019 (Retired) Constructing the Architect; the Missing Meta-Discourse BACHMAN October Carolyn Armenta Davis DAVIS 3 Hon. AIA, Independent Architecture Historian, Curator and Lecturer Forward: Globalization + Africa Diaspora Architects SULLIVAN October William Sullivan RAO 10 Professor and Director, Rokwire: Illinois’ Smart, Healthy Community Initiative Office of the Provost, University of Illinois at Urbana-Champaign Urban Design, Nature, Health MANSURY October Ajith Rao GEVA 17 Senior Researcher, USG Predictive Modeling & Simulation in R&D Decision Making GOFFI October
    [Show full text]
  • CITY of HOUSTON Archaeological & Historical Commission Planning and Development Department
    CITY OF HOUSTON Archaeological & Historical Commission Planning and Development Department PROTECTED LANDMARK DESIGNATION REPORT LANDMARK NAME: Mr. and Mrs. S.I. Morris House AGENDA ITEM: D.1 OWNER: S.I. Morris Interests, Ltd. HPO FILE NO.: 15PL124 APPLICANT: David K. Morris DATE ACCEPTED: Apr-15-2015 LOCATION: 2 Waverly Court – Museum District HAHC HEARING DATE: May-21-2015 SITE INFORMATION Lot 2, Waverly Court, City of Houston, Harris County, Texas. The site includes a historic two-story, contemporary style single-family residence facing west on Waverly Court at the corner of Bissonnet Street. TYPE OF APPROVAL REQUESTED: Protected Landmark Designation HISTORY AND SIGNIFICANCE SUMMARY The Mr. and Mrs. S.I. Morris House is a contemporary residence at 2 Waverly Court in the Museum District south of downtown Houston. The house was designed by prominent Houston architect Seth Irwin “S.I.” Morris, Jr. (1914-2006) and completed in 1952 as his family’s home. Morris’ firms – Wilson, Morris & Crain, AIA; Wilson, Morris, Crain & Anderson, AIA; S.I. Morris Associates; Morris*Aubry Architects and Morris Architects – left a timeless imprint on Houston through their crucial roles in creating such treasured landmarks as the Astrodome (1965), Pennzoil Place (1976), Transco (now Williams) Tower (1983) and Gus S. Wortham Theater Center (1987), among many others. In Building A Houston Practice: The Career of S.I. Morris, Barry Moore notes that Morris insisted the only building he had ever personally designed was the house built at the corner of Waverly Court and Bissonnet in the 1950s. That house remains in the Morris family and is home to the architect’s widow, Mrs.
    [Show full text]
  • Savills Studley Report Houston Office Sector Q3 2018
    Savills Studley Research Houston Savills Studley Report Houston office sector Q3 2018 SUMMARY Market Highlights LEASING PUSHES HIGHER ASKING RENT STABLE Tenants leased 3.5 million square feet (msf) Average asking rent for the Houston "Tenants across a wide set of industries in the third quarter, a slight increase from market rose by 0.2% to $28.48. Year-on- continue to carefully assess the ample array the 3.2 msf leased in the second quarter, year average asking rent was essentially and above the long-term average of 2.8 msf unchanged. The Class A rate declined by of options available to them in this market. leased per quarter. Leasing activity in the 0.4% to $33.16 during the third quarter. Sublet supply pushed higher in the quarter, four most recent quarters totaled 13.5 msf, exceeding the market’s long-term average SUBLEASE SUPPLY REMAINS ELEVATED but with oil and gas prices rising steadily, of 11.5 msf. Overall sublease supply remains substantial, there is a sense that the local economy has totaling 8.5 msf as of early September but AVAILABILITY DECREASES is down from the high mark of 11 msf. The turned the corner. In turn, the recent flight The market’s overall and Class A availability addition of Occidental's Greenway campus to quality is likely to continue in the coming rates both fell in the third quarter, dropping pushed sublet supply up by over 800,000 sf. to 27.3% and 29.3%, respectively. quarters." Brad Hauser, Research Director Savills Studley Report | Houston Tenants Enjoy Ample Space Office-Using Employment Trends Options Millions Many U.S.
    [Show full text]
  • Offering Summary Investment Overview
    HOUSTON DOWNTOWN OFFERING SUMMARY INVESTMENT OVERVIEW HFF is pleased to offer on an exclusive basis the opportunity to acquire the fee-simple interest in the 350-room Doubletree Downtown Houston (“Property” or “Hotel”), prominently situated within Allen Center – an institutional-quality mixed-use office/retail/hotel complex – in the Houston CBD. The Hotel is strategically located near many of Houston’s top demand drivers including the George R. Brown Convention Center, Minute Maid Park (home of the Houston Astros), Toyota Center (home of the Houston Rockets) and over 51 million square feet of office space within a 1-mile radius. Many of the Fortune 500 companies located in Houston are within blocks of the Property, including Deloitte, Chevron and KBR. The Property is being offered fully unencumbered from both brand and management, presenting the next owner with a completely blank slate. With an irreplaceable location within Houston’s CBD core and strong in-place cash flow, the DoubleTree offers investors a unique, unencumbered opportunity with tremendous upside potential. INVESTMENT HIGHLIGHTS UNIQUE DOWNTOWN HOUSTON LOCATION The Property boasts an enviable location within Allen Center in Houston’s CBD, benefiting from downtown’s diversified demand base – not only corporate but also convention, sports, leisure, culture, medical, university/ education – and pedestrian friendly environment. This ideal mix of demand drivers has allowed the CBD to TWO ALLEN CENTER 1 MILLION SF continually outperform Houston’s overall market, as well as the
    [Show full text]
  • Quarterly Market Overview 2017 Third Quarter
    Quarterly Market Overview For more information, please contact: David Mendel, Public Relations Manager 2017 Third Quarter Phone: 713.629.1900 ext. 258 FOR IMMEDIATE RELEASE E‐mail: [email protected] HOUSTON’S OFFICE MARKET RECOVERY SLOW, INDUSTRIAL DEMAND REMAINS HIGH HOUSTON — (October 18, 2017) — Houston’s commercial real estate market is optimistic after grappling with Hurricane Harvey amid the continued energy recovery, according to quarterly market research compiled by Commercial Gateway, the commercial division of the Houston Association of Realtors (HAR). For office space, direct negative net absorption of 39,995 square feet was recorded; Class A and C showed positive absorption of 246,119 square feet and 18,230 square feet, respectively, while Class B reported negative absorption of 304,344 square feet. Move-ins at 609 Main including four different firms who preleased space in the new building accounted for almost 263,000 square feet of the Class A positive absorption. Year-to-date overall totals are positive for the year primarily due to the first quarter occupancy of 600,000 square feet by BHP Billiton in its new headquarters building, although the firm is leaving behind more than 320,000 square feet that is currently on the sublease market. Space left behind by various firms occupying new properties along with sublease spaces converting to direct space will continue to affect the vacancy rate. The current 16.7% direct vacancy rate is unchanged from last quarter, but up from the 15.5% recorded during the same quarter in 2016. Class A space overall is 16.0% vacant, Class B is 19.1% vacant and Class C is 11.4% vacant.
    [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]