Jump to content

Five Allen Center: Office Tower At 400 Dallas St.


roadrunner

Recommended Posts

  • Replies 355
  • Created
  • Last Reply

It's open to the public, no reservations needed.  I was even in shorts and sandals when I went up one time.  On Friday afternoons and evenings, it's a ghost town up there, with everyone going home for the weekend. 

Link to comment
Share on other sites

  • 2 weeks later...

Brookfield's updated site puts it at 50 floors.

 

 

 

Description
Five Allen Center is a 50-story, 1.1-million-square-foot office tower planned for development by Brookfield Properties. The building will encompass the Allen Center Gateway, a 2.5-acre site located in Houston's central business district. The tower offers unobstructed views to the north, west and south, and is surrounded by parks offering abundant green space. Five Allen Center offers unparalleled access to all of Houston's major thoroughfars, including Interstate 45, US 59, Interstate 10, Allen Parkway and Memorial Drive. A sky bridge provides direct access to all of the Allen Center amenities as well as tunnel connection to downtown. Brookfield Properties is committed to environmental sustainability at Five Allen Center, which will acheive LEED Gold certification.

 

 

 

http://brookfieldofficeproperties.com/content/Houston/Five_Allen_Center-8784.html

 

 

 

 

Link to comment
Share on other sites

Brookfield's updated site puts it at 50 floors.

 

 

 

 

http://brookfieldofficeproperties.com/content/Houston/Five_Allen_Center-8784.html

Odd. Are they going to do the renovations on the existing Allen Center buildings, and try and throw up this tower? I think it might just be a copy and paste from their original description of it, since there are no 'updated' renderings for the 50 floor design.

 

Edit: 

 

http://brookfieldofficeproperties.com/us/houston/allen-center/allen-center-clay-street

At least this gives me hope that one day they might beautify the garage if they put a tower on it... eventually...

Link to comment
Share on other sites

So, it looks as though Five Allen Center is still alive but in hibernation. A 50-story tower, properly done, would be very attractive in that location. 

 

To be honest, this is one of the primest locations downtown. What if this tower was 80 stories right there... Wow. If Brookfield was smart, they would run an all out blitz and make this the top spot in Texas.

 

They are probably too late though. If they ran the blitz on this property, they should have been the first to break ground. I guess it may not be too late.

Link to comment
Share on other sites

To be honest, this is one of the primest locations downtown. What if this tower was 80 stories right there... Wow. If Brookfield was smart, they would run an all out blitz and make this the top spot in Texas.

 

They are probably too late though. If they ran the blitz on this property, they should have been the first to break ground. I guess it may not be too late.

 

Brookfield does not appear to be in any rush to build. I agree that this would be a wonderful spot for a new tallest-building-in-the-city. Brookfield can wait for other projects (609 Main, 6 Houston Center, Capitol Tower) to be completed and filled to look for tenants. The difficulty is finding a tenant that would demand and be willing to pay a premium for the recognition a supertall would provide. Oil companies have the money, but do not seem to have the interest in plastering their name on a supertall. We really need some good ole fashioned ego to get involved here--someone who wants to "leave his mark" on Houston.

Link to comment
Share on other sites

If I had my druthers this wouldn't be my first pick for a super-tall or high profile skyscraper location.  It's a little outside of the heart of downtown, and at the tail of the tunnel system.  My vote, if I had one, would still go to to the Walker-Milam-McKinney-Louisiana block where BoSW wasn't built.

 

 

Link to comment
Share on other sites

Brookfield can wait for other projects (609 Main, 6 Houston Center, Capitol Tower) to be completed and filled to look for tenants. 

 

Or they can pull a "Rick Perry" and start poaching tenants from other parts of the country (which is the only way Dallas can add billion-dollar corporate citizens). :P

 

So how fresh is that update? Seems like the size of the project has yo-yo'ed a bit - starting at 50, then going down to 40 (and in some renderings, even as small as 20), and now back to 50. Brookfield must still be looking for that 'sweet spot'.

Link to comment
Share on other sites

That is why it's a dream for now.     

 

For now. But Downtown Houston is 90% occupied, which is the highest it's been in decades. I keep hearing large contiguous blocks of space are hard to come by, and absorption is on a pace to clear out the regional inventory of new development in less than three years. So by the time this one's finished, its time may have come.

Link to comment
Share on other sites

  • 2 months later...

http://www.houstonchronicle.com/business/real-estate/article/Allen-Center-adds-energy-tenants-nears-full-5862849.php#/0

 

Brookfield has space to add another high-rise office building on the site of a parking lot it owns just north of the Allen Center Garage.

 

"Brookfield is not a speculative developer," Frazier said. "We would love to build on it if we found a lead tenant commitment."

Link to comment
Share on other sites

I believe at least half of the total floor space, so around 550-600 k sq. ft.

I think that's for the 1.1 million sf building that was going to be 50 stories tall. Now that it appears to be shorter (35 stories), I'm guessing the size is on the order of 750,000 sf, and a lead tenant would take 300-350k of that. Still not many of those out there who haven't committed to somewhere else, but I'm sure Brookfield is actively looking for them.

Link to comment
Share on other sites

  • 1 year later...

fyi, this project, along with the other two downtown Houston projects they had listed are no longer on the website. Looks like they edited that page to show only they're serious projects because there were a lot more listed before. edit: guess they're not listed on their website but they're in the annual report (2nd link)

http://www.brookfieldofficeproperties.com/content/portfolio/all_developments-8943.html

http://brookfieldofficeproperties.com/_Global/25/img/content/AnnualReports/BPO%202015%20Annual%20Report.pdf

 

Also, were we aware Pickard Chilton was the architect?

http://cosentini.com/images/Project-Sheets/Headquarters-Experience.pdf

Link to comment
Share on other sites

  • The title was changed to Five Allen Center: Office Tower At 400 Dallas St.

Archived

This topic is now archived and is closed to further replies.


All of the HAIF
None of the ads!
HAIF+
Just
$5!


×
×
  • Create New...