bobruss Posted June 21, 2017 Share Posted June 21, 2017 I'm not a real estate expert by any means but It would seem to be a smart thing for CBRE to be located in the same tower as Gerald Hines. I don't know if that would be a consideration but often suppliers and ancillary businesses often move close to their big customers in different industries. Perhaps some one with understanding would comment. 1 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted June 21, 2017 Share Posted June 21, 2017 56 minutes ago, bobruss said: I'm not a real estate expert by any means but It would seem to be a smart thing for CBRE to be located in the same tower as Gerald Hines. I don't know if that would be a consideration but often suppliers and ancillary businesses often move close to their big customers in different industries. Perhaps some one with understanding would comment. CBRE has numerous clients who compete with Hines, so if anything the perception of a close relationship would be a disadvantage. But CBRE is as big as it gets in the brokerage world and they do not need Hines for anything, although I guess it can't hurt to be an elevator ride away should their business intersect. They are probably in Transco Tower because it is an iconic piece of real estate, hence suitable for a real estate brokerage, and because having the Galleria an air-conditioned walk away helps attract and retain top talent. 2 Quote Link to comment Share on other sites More sharing options...
bobruss Posted June 21, 2017 Share Posted June 21, 2017 I knew someone would have the answer. Thanks for informing. 1 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted June 21, 2017 Share Posted June 21, 2017 10 hours ago, bobruss said: I'm not a real estate expert by any means but It would seem to be a smart thing for CBRE to be located in the same tower as Gerald Hines. I don't know if that would be a consideration but often suppliers and ancillary businesses often move close to their big customers in different industries. Perhaps some one with understanding would comment. If that was their strategy, CBRE should have moved their Houston operations to 609 Main, where Hines has its regional offices from which they manage their Houston properties and developments. 3 Quote Link to comment Share on other sites More sharing options...
Triton Posted June 21, 2017 Share Posted June 21, 2017 The move doesn't make sense to me and quite honestly, not sure why everyone is saying they could see this coming from a mile away. Surprised a lot of people here at my office and I work for the company! CBRE usually has several offices in the same city where it's at for various reasons, as opposed to one central location per city. There were rumors we were actually going to expand in downtown. The only clue I can point to is newer management at the downtown location... perhaps they made the point money could be saved by consolidating into one tower. Makes me wonder about our Memorial City address now too. 1 Quote Link to comment Share on other sites More sharing options...
CREguy13 Posted June 21, 2017 Share Posted June 21, 2017 As swtsig mentioned, this has been in the works for awhile. From what I understand, a large part of this was to maintain the strong relationship with Invesco. CBRE is the exclusive leasing agent for all of Invescos' assets in Houston, including Williams Tower. There may have been pressure in this regard. 1 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted June 21, 2017 Share Posted June 21, 2017 And, CBRE has been doing these consolidations in cities with multiple offices for several years. FWIW, It's unclear from CBRE's press release what is to become of the Memorial City office. They give contradictory information in one sentence: "Professionals from CBRE’s downtown Houston and 2700 Post Oak Boulevard offices will relocate to Williams Tower, consolidating CBRE’s Houston operations under one roof." 2 Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted June 21, 2017 Share Posted June 21, 2017 1 hour ago, CREguy13 said: CBRE is the exclusive leasing agent for all of Invescos' assets in Houston, including Williams Tower. Hope they gave themselves a good rate. 1 Quote Link to comment Share on other sites More sharing options...
Popular Post Nate99 Posted June 22, 2017 Popular Post Share Posted June 22, 2017 14 Quote Link to comment Share on other sites More sharing options...
swtsig Posted June 22, 2017 Share Posted June 22, 2017 On 6/21/2017 at 1:56 PM, CREguy13 said: As swtsig mentioned, this has been in the works for awhile. From what I understand, a large part of this was to maintain the strong relationship with Invesco. CBRE is the exclusive leasing agent for all of Invescos' assets in Houston, including Williams Tower. There may have been pressure in this regard. this. 2 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted June 25, 2017 Popular Post Share Posted June 25, 2017 19 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted July 5, 2017 Popular Post Share Posted July 5, 2017 This is going up fast since they already have the basement done. 18 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted July 15, 2017 Popular Post Share Posted July 15, 2017 12 Quote Link to comment Share on other sites More sharing options...
Popular Post Nate99 Posted July 24, 2017 Popular Post Share Posted July 24, 2017 Placing some steel I-beams vertically @ Rusk & Travis. It looks like they topped out the garage side too. 10 Quote Link to comment Share on other sites More sharing options...
HoustonIsHome Posted July 25, 2017 Share Posted July 25, 2017 Is the tower going up as previously planned or is there a new rendering that came out after they decided to use the garage as a place hold? 1 Quote Link to comment Share on other sites More sharing options...
Nate99 Posted July 25, 2017 Share Posted July 25, 2017 11 hours ago, HoustonIsHome said: Is the tower going up as previously planned or is there a new rendering that came out after they decided to use the garage as a place hold? Looks the same on the website... http://www.capitoltowerhouston.com/ 1 Quote Link to comment Share on other sites More sharing options...
Popular Post Nate99 Posted July 25, 2017 Popular Post Share Posted July 25, 2017 (edited) Looks like they are doing about a floor per week... Edited July 25, 2017 by Nate99 15 Quote Link to comment Share on other sites More sharing options...
CREguy13 Posted July 25, 2017 Share Posted July 25, 2017 My guess is we will start seeing glass curtain wall in the next 4-6 weeks. 1 Quote Link to comment Share on other sites More sharing options...
Nate99 Posted July 25, 2017 Share Posted July 25, 2017 (edited) 5 hours ago, Nate99 said: Looks like they are doing about a floor per week... Quoting myself for a before/after shot. I think this was Triton's. Half step to the left and I would have been spot on... Edited July 25, 2017 by Nate99 4 Quote Link to comment Share on other sites More sharing options...
Tumbleweed_Tx Posted July 26, 2017 Share Posted July 26, 2017 is it too late to change the title of this thread to Capital Tower, or something to that effect? 2 Quote Link to comment Share on other sites More sharing options...
Subdude Posted July 26, 2017 Share Posted July 26, 2017 8 hours ago, Tumbleweed_Tx said: is it too late to change the title of this thread to Capital Tower, or something to that effect? Of course not! 3 Quote Link to comment Share on other sites More sharing options...
hindesky Posted July 28, 2017 Share Posted July 28, 2017 The tower crane for the garage is coming down this weekend. "Friday, July 28 (7 pm) – Sunday, July 30 (5 pm) Complete continuous closure of the 700 block of Travis (between Rusk and Capitol) for crane dismantlement." 3 Quote Link to comment Share on other sites More sharing options...
Nate99 Posted July 28, 2017 Share Posted July 28, 2017 10 hours ago, hindesky said: The tower crane for the garage is coming down this weekend. "Friday, July 28 (7 pm) – Sunday, July 30 (5 pm) Complete continuous closure of the 700 block of Travis (between Rusk and Capitol) for crane dismantlement." I was wondering about that, it looks really tight to the top of the garage structure. 1 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted July 31, 2017 Popular Post Share Posted July 31, 2017 Turns out they took down the flat top tower crane and the one over the parking garage. The flat top is supposedly done but the southern crane needed mechanical work but will go back up. The parts are being staged on Travis till they go back up. 13 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted August 13, 2017 Popular Post Share Posted August 13, 2017 Flat top is back up the tower crane in the garage is gone. 12 Quote Link to comment Share on other sites More sharing options...
Popular Post takeshi Posted August 15, 2017 Popular Post Share Posted August 15, 2017 View from the north tower of Pennzoil Place. 14 Quote Link to comment Share on other sites More sharing options...
ArtNsf Posted August 15, 2017 Share Posted August 15, 2017 2 hours ago, takeshi said: View from the north tower of Pennzoil Place. wow, this is really exciting, even if it is "only" going to be 35 floors high. Takes me back to watching the construction cam for 609 Main when it rapidly rose in the last couple of years. Hoping to watch this one similarly soon. Maybe someday, we can watch an awesome supertall rise in Downtown. Talk about exiting to us skyscraper nerds ! 3 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted September 1, 2017 Popular Post Share Posted September 1, 2017 This project is going up fast. I guess if one build the foundation and the basement it helps to move the rest of the build go quickly. 12 1 Quote Link to comment Share on other sites More sharing options...
ArtNsf Posted September 14, 2017 Share Posted September 14, 2017 anyone know of a link to a construction cam for the Capitol Tower going up ? I live so far away and depend on you all for updates on these wonderful new buildings downtown. Thanks ! 2 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted September 18, 2017 Popular Post Share Posted September 18, 2017 11 Quote Link to comment Share on other sites More sharing options...
ArtNsf Posted September 18, 2017 Share Posted September 18, 2017 20 hours ago, hindesky said: Thanks for the visual update. It's coming along again slowly after all the bad weather and delays. 1 Quote Link to comment Share on other sites More sharing options...
ArtNsf Posted September 18, 2017 Share Posted September 18, 2017 20 hours ago, hindesky said: Thanks for the visual update. It's coming along again slowly after all the bad weather and delays. 3 Quote Link to comment Share on other sites More sharing options...
Popular Post Urbannizer Posted October 10, 2017 Popular Post Share Posted October 10, 2017 14 Quote Link to comment Share on other sites More sharing options...
wxman Posted October 10, 2017 Share Posted October 10, 2017 This building is now visible driving down 45. It's rising pretty quickly. 2 Quote Link to comment Share on other sites More sharing options...
cloud713 Posted October 10, 2017 Share Posted October 10, 2017 1 hour ago, wxman said: This building is now visible driving down 45. It's rising pretty quickly. Thats awesome. I count ~16 floors in urbannizers post, and about 10 of them are shorter parking garage levels, so this should have a decent presence for being only 35 stories. 1 Quote Link to comment Share on other sites More sharing options...
Popular Post Nate99 Posted October 10, 2017 Popular Post Share Posted October 10, 2017 Curtain wall going on too... 14 Quote Link to comment Share on other sites More sharing options...
Popular Post monarch Posted October 11, 2017 Popular Post Share Posted October 11, 2017 http://swamplot.com/skanskas-capitol-tower-will-have-its-own-garage-top-private-park-in-the-sky-or-closer-to-it/2017-10-10/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+swamplot+(Swamplot%3A+Houston's+Real+Estate+Landscape) ^^^ upon completion, this new SKANSKA ROOFTOP GARDEN is going to be BIG and gorgeous. WOW! 16 Quote Link to comment Share on other sites More sharing options...
tangledwoods Posted October 11, 2017 Share Posted October 11, 2017 This roof garden gives you a front row seat to some of downtown's best architecture. I'm glad to see they turned this into a true amenity. Until now the green roof was sold as a pretty thing but not accessible to tenants. Looks like they decided to pony up the extra cash for what will be a really cool space. 3 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted October 11, 2017 Share Posted October 11, 2017 I believe the roof gardens at 609 Main and BG Group PLace are comparably accessible and usable. 1 Quote Link to comment Share on other sites More sharing options...
Timoric Posted October 11, 2017 Share Posted October 11, 2017 (edited) - Edited July 11, 2019 by Timoric 1 Quote Link to comment Share on other sites More sharing options...
Gary Posted October 11, 2017 Share Posted October 11, 2017 To borrow a term from my youth... That garden is "bad to the bone!" 1 Quote Link to comment Share on other sites More sharing options...
Popular Post WakeUpHouston Posted October 13, 2017 Popular Post Share Posted October 13, 2017 The glass are going up. 11 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted October 16, 2017 Popular Post Share Posted October 16, 2017 North side glass. 14 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted October 21, 2017 Popular Post Share Posted October 21, 2017 17 Quote Link to comment Share on other sites More sharing options...
tangledwoods Posted October 23, 2017 Share Posted October 23, 2017 WOW, bringing back the reflective glass! I wonder how stark the transition will be from garage to office floors. Good thing about this is that you definitely won't see any cars..... 1 Quote Link to comment Share on other sites More sharing options...
htownbro Posted October 25, 2017 Share Posted October 25, 2017 They are moving fast with this one. 1 Quote Link to comment Share on other sites More sharing options...
mollusk Posted October 25, 2017 Share Posted October 25, 2017 Shiny... 1 Quote Link to comment Share on other sites More sharing options...
Timoric Posted October 25, 2017 Share Posted October 25, 2017 (edited) - Edited July 11, 2019 by Timoric 2 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted October 29, 2017 Popular Post Share Posted October 29, 2017 Sunbeams and glass. I spotted what looked like a platform to jump the tower crane. I was right. 14 Quote Link to comment Share on other sites More sharing options...
Popular Post Urbannizer Posted November 1, 2017 Popular Post Share Posted November 1, 2017 10 Quote Link to comment Share on other sites More sharing options...
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