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Five Allen Center

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Hopefully that tower has the signature look at the top that we all want.

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agreed. it would be great if it were a supertall. i kind of think it would almost have to if they want it to stand out/be a signature building. it will be standing next to the new 830' Chevron tower, and surrounded by a many other 6-700' tall buildings.
how sure can we be about corporate relocation? when they originally relocated from downtown SF to San Ramon, they stated it was because they wanted the workers to be consolidated after moving a bunch of workers out there when they first bought the campus. maybe now that more and more of their workers are being moved to Houston they will want to "consolidate" everyone again and shift the headquarters over here with the rest of the employees. 

as for the Allen Center. does anyone know if they own the triangular plot of land on the other side of the 10ish story parking garage? its kind of small but looks big enough to build a tower on it.. 6AC anyone?

Edited by cloud713

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agreed. it would be great if it were a supertall. i kind of think it would almost have to if they want it to stand out/be a signature building. it will be standing next to the new 830' Chevron tower, and surrounded by a many other 6-700' tall buildings.

how sure can we be about corporate relocation? when they originally relocated from downtown SF to San Ramon, they stated it was because they wanted the workers to be consolidated after moving a bunch of workers out there when they first bought the campus. maybe now that more and more of their workers are being moved to Houston they will want to "consolidate" everyone again and shift the headquarters over here with the rest of the employees.

as for the Allen Center. does anyone know if they own the triangular plot of land on the other side of the 10ish story parking garage? its kind of small but looks big enough to build a tower on it.

Swstig or hoothrewthepoo would know

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so we can bet on Chevron ditching their 1985 San Ramon campus and relocating to Houston? i heard these rumors after the new tower was announced but havent heard anything since. it seems like it would be hard to find someone to buy their huge old campus from them, but maybe it could be split up into a business park or something. if they were to relocate the rest of their employees they would need a pretty large tower one would think. maybe Houstons next supertall?

 

I don't know that they've made that decision yet. What I do know - they have the Bell plot of land earmarked for another tower in the (near) future.

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as for the Allen Center. does anyone know if they own the triangular plot of land on the other side of the 10ish story parking garage? its kind of small but looks big enough to build a tower on it.. 6AC anyone?

That's a park and a historic black church (and the last element of Freedmen's Town in downtown, aside from the street grid shift).

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An important thing to note from the article for this tower is 

 

Brookfield (NYSE: BPO) does not plan to build on a speculative basis and it would need a 40 percent to 50 percent prelease commitment before moving forward with development.

 

With so much other office construction downtown, it should be a challenge to get this off the ground with prelease commitments. I really hate the location of this tower though. There are many other spots of downtown that need development. I actually wish this one was shorter, even half it's size just because of the location it's in, but I'm all for anything that adds to our skyline.

 

 

Edited by citizen4rmptown
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An important thing to note from the article for this tower is 

 

 

With so much other office construction downtown, it should be a challenge to get this off the ground with prelease commitments. I really hate the location of this tower though. There are many other spots of downtown that need development. I actually wish this one was shorter, even half it's size just because of the location it's in, but I'm all for anything that adds to our skyline.

I think the western-most site is actually pretty good for residential. Right by the parks, right by downtown, right by the nightlife in midtown, and convenient freeway/parkway access. The only obvious problem is it's proximity to the highway but for the most part it's submerged under W. Dallas St. This leads me to think that it could be a good site for a mixed use tower with office on the first 40 storeys and a hotel/residential portion above for about 10 to 20 storeys. Pipe dreams...

I am curious exactly why they are planning on development this site versus the tower atop the parking garage/metro racketball complex. I guess it's just a matter of structural costs and project complexity.

Edited by infinite_jim
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That's a park and a historic black church (and the last element of Freedmen's Town in downtown, aside from the street grid shift).

 

oh that explains why there are old houses in the middle of downtown Houston. i always wondered when they were going to tear them down. i guess never.

i was referring to the small paved over concrete parking lot just west of the parking garage on the triangular plot of land between Dallas and Clay, not the park to the north of Allen Center.

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oh that explains why there are old houses in the middle of downtown Houston. i always wondered when they were going to tear them down. i guess never.

i was referring to the small paved over concrete parking lot just west of the parking garage on the triangular plot of land between Dallas and Clay, not the park to the north of Allen Center.

That was the former visitors parking lot for the Sam Houston Heritage park and the other half of that triangular block was developed about 5-6 years ago into a 6-8 storey parking garage for the DoubleTree. It's currently being redeveloped now for another historical house according to the park renovation plans. I have some pics of the construction from my office over the course of this past spring. Edited by infinite_jim

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That was the former visitors parking lot for the Sam Houston Heritage park and the other half of that triangular block was developed about 5-6 years ago into a 6-8 storey parking garage for the DoubleTree. It's currently being redeveloped now for another historical house according to the park renovation plans. I have some pics of the construction from my office over the course of this past spring.

 

Don't blame the Doubletree for that parking garage.  It was built for the Heritage Plaza office building.

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Don't blame the Doubletree for that parking garage.  It was built for the Heritage Plaza office building.

 

is that the garage another tower could be built on though? Allen Center could eventually have 6-7 buildings?

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is that the garage another tower could be built on though? Allen Center could eventually have 6-7 buildings?

Nope. I believe that is the massive Allen Center garage. Allen Center has plans/rom for three additional toeers.

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Now why would you think Chevron would move its HQ from anti-oil, high corporate tax CA to business friendly TX?

Why indeed?

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Nope. I believe that is the massive Allen Center garage. Allen Center has plans/rom for three additional toeers.

 

So you are saying they are planning on adding 3 towers or that they just have room for 3 more towers.

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So you are saying they are planning on adding 3 towers or that they just have room for 3 more towers.

If you check out this Brookfield link it list the three possible sites for 3 highrises.

http://brookfieldofficeproperties.com/content/portfolio/development-8943.html

They are:

Five Allen Center

Allen Center Clay Street

1500 Smith Street

They all say Pre-development phase.

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If you check out this Brookfield link it list the three possible sites for 3 highrises.

http://brookfieldofficeproperties.com/content/portfolio/development-8943.html

They are:

Five Allen Center

Allen Center Clay Street

1500 Smith Street

They all say Pre-development phase.

 

Wow great news, although I hope they come out with a captivating design for these.

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If you check out this Brookfield link it list the three possible sites for 3 highrises.

http://brookfieldofficeproperties.com/content/portfolio/development-8943.html

They are:

Five Allen Center

Allen Center Clay Street

1500 Smith Street

They all say Pre-development phase.

 

Not to be too much of a downer, but I'm pretty certain those locations been in "pre-development" for an extended period of time. Maybe 5+ years, if not more... Definitely remember rumblings about 1500 Smith since before the last recession, and I'm pretty certain there was a thread around here at one point where we were all trying to pin down where they'd have the room to build.

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Not to be too much of a downer, but I'm pretty certain those locations been in "pre-development" for an extended period of time. Maybe 5+ years, if not more... Definitely remember rumblings about 1500 Smith since before the last recession, and I'm pretty certain there was a thread around here at one point where we were all trying to pin down where they'd have the room to build.

 

You are absolutely correct.  I would not expect any of the Allen Center proposals to come to fruition any time soon.

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I know I might get bashed for this, but here goes... I'm kind of glad if they scaled this one back a bit. For it's height at that location it will throw the whole balance of the western skyline off. While I like the glass facade, I would prefer if anything got built Downtown west of Louisiana it wouldn't dwarf the skyscrapers in front of it. Some shorter buildings will help with the density factor, but anything taller will throw it all off - unless it was significantly taller and became a "center piece".
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Yeah I like the scale back too. Let's be honest, height is great but I think most would agree that 609 and International tower both have better designs. Better 5 AC scaled back then those two. 

 

Plus the scale back gives this one a fighting chance to get done, finally.

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That is such a prominent sight, a building there would be seen from 45, I-10, Memorial Dr. & Allen Parkway. It would be great if a 50 Story Signature tower was built, instead of a 35 story building. Well hopefully it will have a good design. 

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If the design is the same as the old renderings, I too am glad it's shortened to 35 stories. It was a pretty basic design and would of been way too prominent. However a signature tower at that spot would of been nice at 50 stories.

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Yeah, simply echoing the previous comments... But I think we can rationally come to an agreement that the floor reduction is a good thing. One of the few times you'll hear us saying that, but given the location, it's fine.

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I too agree about the reduction. It would have been like a glaring pimple on the end of a nose if this building had remained the same height. The other Allen building (tall brown one) would be totally removed from the western view of the skyline. The building, even at 35 stories, just doesn't 'fit' in that location.

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I hope it gets a redesign along with the redux.. This building will be right on the edge of 45 (unless they adopt one of the new highway designs re routing traffic around downtown) and be one of the most visible buildings on the west side of downtown.

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http://www.bisnow.com/commercial-real-estate/houston/three-months-four-developments/

 

 

Cassidy Turley was just named the leasing agent for the Allen Center, the first-time owner Brookfield has gone third-party in Houston (it's still leasing the rest of its 8M SF CBD portfolio). It's a 3.1M SF assignment across three buildings. Although Brookfield hasn't released details yet, we know a redevelopment of the iconic complex is in the works, and the firm has discussed breaking ground on a fourth Class-A tower at some point.

 

 

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If they ever build it, there is no way it'll be the 40-50 story tower we've seen in renderings.  I have to believe with all the new & refurbished SF coming online in the next 3-4 years downtown, this will ultimately be shelved again . . .  unless . . .  they somehow incorporate a 4-5 star hotel into the mix . . .  pure conjecture on my part . . .

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If they ever build it, there is no way it'll be the 40-50 story tower we've seen in renderings.  I have to believe with all the new & refurbished SF coming online in the next 3-4 years downtown, this will ultimately be shelved again . . .  unless . . .  they somehow incorporate a 4-5 star hotel into the mix . . .  pure conjecture on my part . . .

 

Nothing has changed... Five Allen Center is on the shelf until they sign an anchor tenant.  If/when they sign an anchor tenant (or more than 1), they will then determine the size/height of the building.  If they sign 1 million square foot anchor tenant, you can bet they will build a 40-50 story tower.  If they don't sign an anchor tenant, they will build nothing.

Edited by Houston19514
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This building couldn't be in a worse spot. I don't give a rats ass if it was 100 stories. It'll ruin the western view of the skyline. I hate this project.

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Maybe I can shed some light on this and we may want to merge this thread I created in another part of the forum: http://www.houstonarchitecture.com/haif/topic/29020-new-facade-for-one-allen-center/

 

^ New facade for One Allen Center.

Brookfield is, in fact, going to redevelop One Allen Center with the same organization that redeveloped the JW Marriott in downtown. I haven't posted it in other thread yet but the latest I've heard is for a sleek all-glass design for One Allen Center. Now, I have not heard any word about Two Allen Center or any of the other complex because my client has only been assigned to work on One Allen Center; however, that doesn't mean the rest of the complex isn't going to be upgraded as well.

 

I've also heard targets of late 2014 but it's still way too early for an exact time table.

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One Allen Center has the highest vacancy rate out of all their buildings(and the highest of any Class A building in the CBD) which might explain why it is getting a complete remodel. The other Allen buildings have some pretty high vacancy rates too so they are probably getting at least some interior improvements.

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Why wouldn't they have high vacancy rates? They're bland and boring boxes. The complete lack of imagination that went into their design is astounding and makes me want to puke.

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I'm in Two Allen.  The buildings are actually fairly efficient office space and they are having some success renting to multi-tenant floors.  The problem is they lost (Hess, Devon, Kinder Morgan) all in the span of a few years.  That's pretty devastating.  The leasing claimed that One Allen is the only building getting a redo.  I'm sure it's possible, but I'm looking at fairly large stone on the exterior of the building right now, and a glass facade seems really tricky and expensive.

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I'm in Two Allen.  The buildings are actually fairly efficient office space and they are having some success renting to multi-tenant floors.  The problem is they lost (Hess, Devon, Kinder Morgan) all in the span of a few years.  That's pretty devastating.  The leasing claimed that One Allen is the only building getting a redo.  I'm sure it's possible, but I'm looking at fairly large stone on the exterior of the building right now, and a glass facade seems really tricky and expensive.

Even though it may be expensive, from what I've heard, Brookfield sees the competition that is coming from several other planned renovations and even the newer proposed towers, and they also see that they need to make changes now or face loosing even more tenants in the future. They see it as an investment to redo the interior and exterior of One Allen Center. 

 

Now I can't say what my sales profession entails on a public forum, but like I said, my client is the actual supervisor for this project. As soon as I get any renderings, I'll post them here but so far it is way too early for any of that. Brookfield is simply in the consultation phase on how to redesign One Allen Center. 

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I like 5 AC honestly, especially in its current state. We already know Brookfield is willing to test patience to get the tenants needed to get this thing off the ground. So by that logic, I thinks it's a safe bet that 609 Main, Chevron, Capital, Hilcorp, and maybe International towers can make their move first. The 5 AC is perfect at 35-40 floors, it's a large sized building adding more infill/structural density to that part of Downtown.

In many ways, Houston, Dallas, and Miami are the US versions of Toronto on the rapid infill and skyscrapers.

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5 AC will I think will never break ground.  It has been trying to receive a lease for years.  Hines build BG Group Place no leases.  Now it is 96% leased and they are starting 609 Main.  It was 50 floors, then 40 and now 35.  And now they want to renovate 1 Allen Center.  LOL!  What is this New York company doing?  I feel they lost out when Devon left.     

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Very nice! Can you give us a link?

Also if you keep looking, I think you'll find the renderings to Allen Center renovations.

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Also if you keep looking, I think you'll find the renderings to Allen Center renovations.

 

 

Yeah I saw that too, didn't expect the redevelopment plan to be that large!

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Yeah I saw that too, didn't expect the redevelopment plan to be that large!

Agreed, I am really impressed with Allen Center design. They are adding in retail, widening side walks, etc.

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