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New Design      

A few cell phone pics from the rooftop area of the Wedge bar:      

The tower goes where they own the land.

It's 37-floors now;'~1 million square feet.

 

I had a feeling this was bound to happen. In all honesty, there were indications this was going to be 30 floors... So at 37 floors, I am good with that.

 

The lot itself is one of the best IMO. Easy access from freeways into the office, great views, etc... This building would be very obvious from the common "downtown skyline" view we often see.

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I hear you, my thoughts are just the opposite though. It would look bad if it was short enough to not "cover up" Allen Center 3 entirely. I imagine it as if the Heritage Plaza was 37 stories with the 50+ story Enterprise tower behind it, it wouldn't work. I think if you want to build on this side with all the other dominant towers, it should be very tall.

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I'd be surprised if this or One Market Square were built in the foreseeable future. There's about 3.5 million square feet of new office space opening up in the next four years between 609 Main, 6 Houston Center, 800 Bell (with the renovation) and the Capitol Tower (I still think that will end up being constructed). I have yet to see significant tenants announced for any of those projects.

 

In terms of 'dream construction,' I would much prefer that complex at 7200 Main be developed for BioTech companies to locate near the TMC. The proposals for 5 Allen Center have never really excited me, and One Market Square, although a cool design, happens to sit on land that I think would be prime for high-rise residential development once Hines and the other 40-story apartment building are constructed. It would be neat to have Market Square as a residential hub.

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Brookfield did sell property downtown in order to increase their cash liquidity for something... many speculated that they are going to use the profits on Allen Center. I think the better investment would be new construction opposed to the (unneeded) renovation of 1 Allen. Also, 37 floors seems to be an usually specific number. If it gets built, It is probably due to some sort of tennant arrangements.

 

Personally, I would rather see something built here now, then wait another 10 years.

Edited by Avossos
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Yeah, I don't expect to see this one get built any time soon.  International Tower also seems pretty unlikely at the moment and I'm skeptical about 6 Houston Center.

I don't understand why you say that. Not only does the 6 Houston Center property now have the banner around the perimeter, but it is publicly known that this is just a few weeks away from being started. 

 

As for International Tower (now One Market Square) and 5AC, that's a little more understandable. Although the market probably can't support these two towers, that doesn't mean this city won't overbuild and have two partially vacant towers. 

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BG Group Place had not tenants, now it is 96 percent leased.  Five Allen center should have been built to take advantage of corporate companies wanted new office space with LEED certification.  I know 609 Main has a major tenant, we will know soon.  Five Allen Center and Stream/Essex International tower I think are dead.  I wish they could build Five Allen center.  Three Allen center looks like a Godiva box with no chocolate, it so ugly!  

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I don't understand why you say that. Not only does the 6 Houston Center property now have the banner around the perimeter, but it is publicly known that this is just a few weeks away from being started

 

 

It's not the first time this has happened.... some years ago they have a big party to celebrate its groundbreaking... the VERY next day workers were busy taking down all the banners, "Coming soon" signs, etc...

 

The whole thing was cancelled.

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I don't understand why you say that. Not only does the 6 Houston Center property now have the banner around the perimeter, but it is publicly known that this is just a few weeks away from being started. 

 

As for International Tower (now One Market Square) and 5AC, that's a little more understandable. Although the market probably can't support these two towers, that doesn't mean this city won't overbuild and have two partially vacant towers. 

 

It's publicly known that 6 Houston Center is just a few weeks from being started?  Is that based on the Downtown Houston Development Map that says construction is starting in the 2nd quarter of 2014 (which ended a few weeks ago)?  Have they even taken soil samples?   Note that behind that lovely marketing banner is a surface lot completely full of parked cars.

 

We've seen this kabuki before from Crescent with regard to 6 Houston Center.  Remember the ground-breaking they had back in 2008?  I hope my skepticism is misplaced (although I'd like more to be wrong about International Tower).

 

EDIT:  This got me curious, so I went to see if they have pulled any building permits.  Good news.  It appears they pulled a permit in March for "site work and foundation for office tower" and one in April for "new high rise superstructure for future..."   I wonder if they had building permits back in 2008...

Edited by Houston19514
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Five Allen Center and Stream/Essex International tower I think are dead.

 

They are 100% not dead. When I think of dead, that sounds like nothing is happening in the background for these projects and that's completely not true. Towers can't just start construction over night and for everyone that keeps saying this has been discussed for years... well yea, 2008 happened and the US experienced one of the slowest recoveries, even if Houston survived through most of it. And just because things aren't being updated on the web doesn't mean that Brookfield and Essex/Stream aren't working in the background. Most of what happens can't even be shared on the web for confidentiality reasons.

 

We all know they had a celebration for Six Houston Center... old news... again, that was 2008... look what happened....and apparently it was never cancelled or we wouldn't even be talking about Six Houston Center still.

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Three Allen center looks like a Godiva box with no chocolate, it so ugly!  

It's not that ugly. The dark brown places nicely in Houston's color pallet. It's a very early 1980's, possibly late 1970's design that looks like it came straight from Tokyo's Shinjuku District. 

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Very true!  Opinions are like... well we know!

 

I never thought Mickey Leeland was ugly either.  Very underwhelming, although it has a fun plan.

 

By far Houston's period of its ugliest buildings is the one from the late 1990s - early/mid 2000s (in my opinion).

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Very true!  Opinions are like... well we know!

 

I never thought Mickey Leeland was ugly either.  Very underwhelming, although it has a fun plan.

 

By far Houston's period of its ugliest buildings is the one from the late 1990s - early/mid 2000s (in my opinion).

 

One word goes a long way towards confirming this notion: Mercer.

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The bar on top of the wedge is still open, been up there a few times, only 1-2 other people up there every time.  Food sucks big time, drinks are ok, but a bit pricey.  They also do not allow cameras up there, only cell phone pics allowed.

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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. 

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  • 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

 

 

 

 

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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...

Edited by Montrose1100
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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.

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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.

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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.

 

 

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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'.

Edited by toxtethogrady
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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.

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  • 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."

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