Nate99 Posted March 22, 2017 Share Posted March 22, 2017 "Hoist" is construction speak for the external temporary elevators, right? 1 Quote Link to comment Share on other sites More sharing options...
samagon Posted March 22, 2017 Share Posted March 22, 2017 (edited) sidewalk on capitol has barriers on it now too. I guess it will be closed entirely soon. guess that Mural is going away? Edited March 22, 2017 by samagon 3 Quote Link to comment Share on other sites More sharing options...
cspwal Posted March 23, 2017 Share Posted March 23, 2017 They should keep it behind a glass curtain facade 3 Quote Link to comment Share on other sites More sharing options...
lockmat Posted March 23, 2017 Share Posted March 23, 2017 I'd guess the windows covering the garage will be opaque enough that it would be impossible to see if it was kept. 1 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted March 23, 2017 Popular Post Share Posted March 23, 2017 Travis St will be closed this weekend between Capitol and Rusk for crane construction from 7 pm Fri. 24th to 5 am Mon. 26th. Further proof that the office tower portion might be going up. 16 Quote Link to comment Share on other sites More sharing options...
enriquewx91 Posted March 24, 2017 Share Posted March 24, 2017 AWESOMEEEEEEE 2 Quote Link to comment Share on other sites More sharing options...
samagon Posted March 24, 2017 Share Posted March 24, 2017 Outside of barriers being moved around the sidewalks and streets, this site has been silent all week, and today there's lots of activity. People everywhere and there are crane pieces everywhere, and flatbeds with more crane pieces. They're definitely adding another crane to the scene. 3 Quote Link to comment Share on other sites More sharing options...
Twinsanity02 Posted March 24, 2017 Share Posted March 24, 2017 Does anyone have solid information about this? There is a great deal of hopeful speculation which I hope is true. 1 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted March 25, 2017 Popular Post Share Posted March 25, 2017 10 hours ago, Twinsanity02 said: Does anyone have solid information about this? There is a great deal of hopeful speculation which I hope is true. I think 2 tower cranes and a 3rd one going up next weekend are probably pretty solid info. That and the fact that the 2 Skanska workers told me that they were going to build the office tower. They just weren't willing to confirm who the main tenant was going to be just yet. 10 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted March 25, 2017 Share Posted March 25, 2017 Or maybe the plan is, Skanska gets their cranes in place, and every time they get a lease, they build just enough floors to cover the space leased. The catch is, a new lease has to happen within six months each time, otherwise the cranes come down. So if only one tenant signs a lease this year, they build just a few floors, and then that's it, they finish the tower at 6 or however many stories. On the other hand, if tenants keep leasing more space, they keep going until it's over 100 stories. Pretty cool game on Skanska's part! Otherwise I think hindesky is probably correct, the tower is going to be built as planned, full speed ahead. 4 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted March 25, 2017 Popular Post Share Posted March 25, 2017 The tower crane set up last weekend is building the second tower crane albeit in smaller pieces at a time. It will be a flat top tower crane. Next weekend they will use an AT crane in the street to build the third tower crane which will be located inside a hole in the existing parking garage where a tower base is already located. Again two different sets of workers I talked with today confirmed the office tower is going up. A little fuzzy.... Concrete counterweights being unloaded. 15 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted March 26, 2017 Popular Post Share Posted March 26, 2017 The flat top is done. 19 Quote Link to comment Share on other sites More sharing options...
jmitch94 Posted March 26, 2017 Share Posted March 26, 2017 Thank god this is going up. This was such an eyesore. 3 Quote Link to comment Share on other sites More sharing options...
Popular Post Urbannizer Posted March 29, 2017 Popular Post Share Posted March 29, 2017 13 Quote Link to comment Share on other sites More sharing options...
hindesky Posted March 30, 2017 Share Posted March 30, 2017 (edited) http://www.capitoltowerhouston.com/video.asp Edited March 30, 2017 by hindesky 3 Quote Link to comment Share on other sites More sharing options...
enriquewx91 Posted March 30, 2017 Share Posted March 30, 2017 4 hours ago, hindesky said: http://www.capitoltowerhouston.com/video.asp I wet myself. In all seriousness though, will this tower be somewhat visible in the skyline or will it just get lost in the sea of buildings. From this video looks like the northern view may change a bit. 1 Quote Link to comment Share on other sites More sharing options...
wxman Posted March 30, 2017 Share Posted March 30, 2017 5 hours ago, enriquewx91 said: I wet myself. In all seriousness though, will this tower be somewhat visible in the skyline or will it just get lost in the sea of buildings. From this video looks like the northern view may change a bit. It'll only be seen from the folks driving in on the North Frwy or along I-10 as they pass in front of the skyline. Other than that, it'll be lost. 1 Quote Link to comment Share on other sites More sharing options...
Timoric Posted March 30, 2017 Share Posted March 30, 2017 (edited) - Edited July 11, 2019 by Timoric 4 Quote Link to comment Share on other sites More sharing options...
bobruss Posted March 30, 2017 Share Posted March 30, 2017 2 hours ago, wxman said: It'll only be seen from the folks driving in on the North Frwy or along I-10 as they pass in front of the skyline. Other than that, it'll be lost. Thats not exactly true. It will be visible from the southeast on 288. I go over 288 at Magregor and from that angle it will be visible and on the Allen Parkway side of the bayou there will be another view of it. It will be the backdrop to Pennzoil from the west. I looked at images of our skyline and there are several places where you can see the Pennzoil and the block to its east which is where this building is going. Its really just a few feet taller than Pennzoil and surrounded by 50 and 70 story buildings so its not going to change the overall skyline much but it will create a denser and more varied texture to those views I mentioned. 6 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted April 1, 2017 Popular Post Share Posted April 1, 2017 The 3rd tower crane is going up this weekend. It's a brand new crane and the shortest of the 3. I think the office tower is probably going to be built 13 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted April 2, 2017 Popular Post Share Posted April 2, 2017 They finished up the 3rd tower crane. FB friend says they are going to run 2 shifts on the project. 17 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted April 3, 2017 Share Posted April 3, 2017 Either that or Frank's Pizza is moving to this block. 5 Quote Link to comment Share on other sites More sharing options...
AREJAY Posted April 6, 2017 Share Posted April 6, 2017 http://realtynewsreport.com/2017/04/05/with-foundation-already-poured-new-skanska-skyscraper-will-zoom-onto-houston-skyline-in-record-time/ Quote HOUSTON – Skanska USA’s Capitol Tower will make its appearance on Houston’s downtown skyline in record time, perhaps with building being completed before the start of 2019. Quote So instead of waiting two years for the building to be finished, the Capitol Tower could be finished with “core and shell” construction in 18 months. We asked the hypothetical question to Michael G. Scheurich, CEO of Arch-Con Construction of Houston. “On a 35-story building with the excavation and foundation work done, I would say you are saving four to six months,” says Scheurich. Why does this matter? The Houston office market is in recovery right now. Houston has the highest office vacancy rate (21.5 percent) in the nation, according to a recent report by Marcus & Millichap. Houston leads the nation in sublease office supply – over 11 million SF, CBRE reports.So with Skanska’s new building hitting the market, the supply of downtown space will be even more bloated. And Skanska’s tower is coming quickly. 8 Quote Link to comment Share on other sites More sharing options...
Popular Post CREguy13 Posted April 12, 2017 Popular Post Share Posted April 12, 2017 BOA signs 210,000 SF Lease. Move-in 1H 2019. https://www.bisnow.com/houston/news/office/skanksa-signs-bank-of-america-as-210k-anchor-tenant-for-capitol-tower-73221?rt=39775 10 Quote Link to comment Share on other sites More sharing options...
Avossos Posted April 12, 2017 Share Posted April 12, 2017 12 minutes ago, CREguy13 said: BOA signs 210,000 SF Lease. Move-in 1H 2019. https://www.bisnow.com/houston/news/office/skanksa-signs-bank-of-america-as-210k-anchor-tenant-for-capitol-tower-73221?rt=39775 Where does this put CBRE? It sounded like they were looking to move / centralize in one building. It would be cool if they either took the space in BOA Building or was the lead tenant at 1 Market Square. 1 Quote Link to comment Share on other sites More sharing options...
Nate99 Posted April 12, 2017 Share Posted April 12, 2017 It is an active site again. Workers are wiring up new rebar and they have added extra reinforcing braces to the upper floors of the garage. 1 Quote Link to comment Share on other sites More sharing options...
Triton Posted April 12, 2017 Share Posted April 12, 2017 2 hours ago, Avossos said: Where does this put CBRE? It sounded like they were looking to move / centralize in one building. It would be cool if they either took the space in BOA Building or was the lead tenant at 1 Market Square. Oh, CBRE wouldn't centralize. We have several locations throughout Houston and I highly doubt they would leave Willis Tower. I could see them taking a floor or two at Capitol Tower and that was the rumor. Either way, this project is moving forward. 1 Quote Link to comment Share on other sites More sharing options...
Avossos Posted April 12, 2017 Share Posted April 12, 2017 1 minute ago, Triton said: Oh, CBRE wouldn't centralize. We have several locations throughout Houston and I highly doubt they would leave Willis Tower. I could see them taking a floor or two at Capitol Tower and that was the rumor. Either way, this project is moving forward. Ah ok. Well obviously CBRE needs offices in every city, but i had thought CREguy said something about them being a lead tenant. I might have been mistaken. How many employees does CBRE have in Houston? 1 Quote Link to comment Share on other sites More sharing options...
CREguy13 Posted April 12, 2017 Share Posted April 12, 2017 I've been having webcam withdrawals ever since 609 Main completed.. Hoping this kickstarts the addiction. 5 Quote Link to comment Share on other sites More sharing options...
wxman Posted April 12, 2017 Share Posted April 12, 2017 This will be fun to watch rise. Those of us who drive-in on the north freeway will have a front and center view of this tower every day. It should have a decent little impact on the skyline when viewing it from the north. 2 Quote Link to comment Share on other sites More sharing options...
Triton Posted April 12, 2017 Share Posted April 12, 2017 27 minutes ago, Avossos said: Ah ok. Well obviously CBRE needs offices in every city, but i had thought CREguy said something about them being a lead tenant. I might have been mistaken. How many employees does CBRE have in Houston? I have not heard anything about us being a lead tenant. I would say we have several hundred employees (perhaps 600?) with the three main offices being Willis Tower, Memorial City Tower, and 700 Louisiana. We have a bunch of smaller branches sprinkled throughout. CBRE has such a large portfolio and so many deals with other buildings, I just don't see us moving all of our operations here. If they did, I would certainly welcome it though! But I am sure any amount of smaller tenants will help this building move forward. A lot of financial firms, law offices, and real estate companies are needing room to expand and with this being such a prime location, it's going to be snagged up unlike the other proposed office towers in downtown. 2 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted April 12, 2017 Share Posted April 12, 2017 (edited) 4 hours ago, Triton said: I have not heard anything about us being a lead tenant. I would say we have several hundred employees (perhaps 600?) with the three main offices being Willis Tower, Memorial City Tower, and 700 Louisiana. We have a bunch of smaller branches sprinkled throughout. CBRE has such a large portfolio and so many deals with other buildings, I just don't see us moving all of our operations here. If they did, I would certainly welcome it though! But I am sure any amount of smaller tenants will help this building move forward. A lot of financial firms, law offices, and real estate companies are needing room to expand and with this being such a prime location, it's going to be snagged up unlike the other proposed office towers in downtown. There's a Willis Tower in Houston? I presume you meant to say Williams Tower? FWIW, CBRE did recently consolidate their 3 Dallas offices into one location... Edited April 12, 2017 by Houston19514 2 Quote Link to comment Share on other sites More sharing options...
Triton Posted April 13, 2017 Share Posted April 13, 2017 5 hours ago, Houston19514 said: There's a Willis Tower in Houston? I presume you meant to say Williams Tower? FWIW, CBRE did recently consolidate their 3 Dallas offices into one location... Hmmm... wonder why I was thinking of Chicago. Yea, Williams Tower. Upper management could surprise me and move us into one place but I am just saying I haven't heard anyone saying that. But I believe the consolidation in Dallas had to do with our IT Services falling under one roof as Digital Technology Services... I don't know, CBRE has over 30K employees so I am not sure what happens in every city. You have an article for that? 1 Quote Link to comment Share on other sites More sharing options...
houstonfella Posted April 13, 2017 Share Posted April 13, 2017 Finally! http://www.chron.com/business/real-estate/article/Bank-of-America-lease-jump-starts-construction-of-11068370.php 5 Quote Link to comment Share on other sites More sharing options...
Subdude Posted April 13, 2017 Share Posted April 13, 2017 Great news. I think the timing is right. The Houston economy seems to be starting to pick up again, and this building will hopefully catch the market on the upswing. 3 Quote Link to comment Share on other sites More sharing options...
nativehoustonion Posted April 13, 2017 Share Posted April 13, 2017 Agreed and the density is going up. 2 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted April 13, 2017 Share Posted April 13, 2017 Anyone recall how much space BoA is giving up in their present building? 1 Quote Link to comment Share on other sites More sharing options...
Timoric Posted April 13, 2017 Share Posted April 13, 2017 (edited) - Edited July 11, 2019 by Timoric 3 Quote Link to comment Share on other sites More sharing options...
intencity77 Posted April 13, 2017 Share Posted April 13, 2017 As much as I really love a new shiny building, I think it's bad timing considering Houston currently has the highest office vacancy rate in the country. This project will not make that rating any better. 2 Quote Link to comment Share on other sites More sharing options...
wxman Posted April 13, 2017 Share Posted April 13, 2017 This building is almost 3 years away from being inventory. It's gonna be ok. 7 Quote Link to comment Share on other sites More sharing options...
KinkaidAlum Posted April 13, 2017 Share Posted April 13, 2017 The articles I am reading about BOA are confusing. They keep saying BOA is expanding but they have over 400,000 currently and only signed for 210,000. So, they are either keeping their current space and this is additional space or the PR spin is Spiced with Conway. 2 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted April 13, 2017 Share Posted April 13, 2017 15 minutes ago, KinkaidAlum said: The articles I am reading about BOA are confusing. They keep saying BOA is expanding but they have over 400,000 currently and only signed for 210,000. So, they are either keeping their current space and this is additional space or the PR spin is Spiced with Conway. The Bisnow article linked above seems pretty clear that they are moving out of their current building. 400,000 to 210,000... ouch. Then again, they keep talking about the opportunity to "co-locate"/consolidate different teams, which sounds like they're bringing in other offices from around town to be with the main office. Also, new construction is going to have higher rent... not exactly a cost-cutting move. And Capitol Tower, while nice, doesn't exactly have that signature look that BoA goes for in their buildings.... making me think that this is an expansion. Guess we'll have to wait to hear more. 2 Quote Link to comment Share on other sites More sharing options...
Popular Post Nate99 Posted April 13, 2017 Popular Post Share Posted April 13, 2017 14 Quote Link to comment Share on other sites More sharing options...
mollusk Posted April 14, 2017 Share Posted April 14, 2017 5 hours ago, H-Town Man said: Also, new construction is going to have higher rent... not exactly a cost-cutting move. ehhhh... not so much. A+ is A+. It's going to be less unsettling to no longer get memos from BOAC (what they call it - we use 700 Louisiana or "the big building with the spikes on it)... a better version of this image keeps coming up. 1 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted April 14, 2017 Share Posted April 14, 2017 56 minutes ago, mollusk said: ehhhh... not so much. A+ is A+. It's going to be less unsettling to no longer get memos from BOAC (what they call it - we use 700 Louisiana or "the big building with the spikes on it)... a better version of this image keeps coming up. Right now asking rent at BoA is $32/SF NNN. If Capitol Tower doesn't lease for higher than that I'll be quite surprised. 1 Quote Link to comment Share on other sites More sharing options...
enriquewx91 Posted April 14, 2017 Share Posted April 14, 2017 Really wonder how it'll look from 45N, really wish we could get some kind of computerized image or something 1 Quote Link to comment Share on other sites More sharing options...
nativehoustonion Posted April 14, 2017 Share Posted April 14, 2017 You will be able to see it is taller then Pennzoil Place. 2 Quote Link to comment Share on other sites More sharing options...
houstonfella Posted April 14, 2017 Share Posted April 14, 2017 31 minutes ago, nativehoustonion said: You will be able to see it is taller then Pennzoil Place. Pennzoil is 523 ft. tall and Capitol Tower will be 579 ft. tall. So, yes, it should be quite visible from I-45 coming into town from the north. 2 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted April 14, 2017 Share Posted April 14, 2017 2 hours ago, houstonfella said: Pennzoil is 523 ft. tall and Capitol Tower will be 579 ft. tall. So, yes, it should be quite visible from I-45 coming into town from the north. The Gulf Building might not be visible from I-45 N anymore, but times change. You can't see the Wrigley Building from any of Chicago's freeways. 4 Quote Link to comment Share on other sites More sharing options...
bobruss Posted April 14, 2017 Share Posted April 14, 2017 You will see it from 288 going north and probably from 45 coming from Galveston. 2 Quote Link to comment Share on other sites More sharing options...
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