LTAWACS Posted May 29, 2012 Share Posted May 29, 2012 One thing I am hoping for is someday Chevron will be fed up with CA's taxes/work environment and move headquarters here. Since they have such a large presence downtown already and it being the energy capital - blah, blah. This might produce another downtown tower sooner than later.let us hope this will be the case. Link to comment Share on other sites More sharing options...
Trae Posted May 29, 2012 Share Posted May 29, 2012 I have heard rumors about that. Chevron has been downsizing the downstream (California) operations for sometime. To save more, it makes sense just to move everything to Houston. Link to comment Share on other sites More sharing options...
Pleak Posted May 30, 2012 Author Share Posted May 30, 2012 Just want to be clear - I know nothing of Chevron coming. It just seems like one of the more logical outcomes considering all of their investment in downtown over the last 10 years or so, California's less than inviting business climate, Houston's energy status, etc. Link to comment Share on other sites More sharing options...
Houston19514 Posted May 30, 2012 Share Posted May 30, 2012 Just want to be clear - I know nothing of Chevron coming. It just seems like one of the more logical outcomes considering all of their investment in downtown over the last 10 years or so, California's less than inviting business climate, Houston's energy status, etc.And, it does seem they must have some idea of building some additional facilities downtown at some time. Otherwise, it's hard to make much sense of their purchase of the YMCA property. Link to comment Share on other sites More sharing options...
Chi-Char-Hou-Dal Posted May 30, 2012 Share Posted May 30, 2012 Have friends in Hr - there have been meetings showing advantage chevron - disadvantage exxon shell with chevron only one left DT - next super tall bring it! Link to comment Share on other sites More sharing options...
Houston19514 Posted May 30, 2012 Share Posted May 30, 2012 Have friends in Hr - there have been meetings showing advantage chevron - disadvantage exxon shell with chevron only one left DT - next super tall bring it!Except Shell is still downtown. Link to comment Share on other sites More sharing options...
swtsig Posted May 30, 2012 Share Posted May 30, 2012 Except Shell is still downtown.for 1.5M sf no less. although they do have 2 campuses out west... i guess chevron is saying they are the only ones almost exclusively downtown. Link to comment Share on other sites More sharing options...
LTAWACS Posted May 30, 2012 Share Posted May 30, 2012 Have friends in Hr - there have been meetings showing advantage chevron - disadvantage exxon shell with chevron only one left DT - next super tall bring it!I don't quite understand this... could someone kindly explain? Thanks. Link to comment Share on other sites More sharing options...
JJVilla Posted May 30, 2012 Share Posted May 30, 2012 Just want to be clear - I know nothing of Chevron coming. It just seems like one of the more logical outcomes considering all of their investment in downtown over the last 10 years or so, California's less than inviting business climate, Houston's energy status, etc.One of the main reasons for Chevron & Oxy not moving their HQ from CA to TX is PR/business advantage. If they were to move their HQ from CA to TX then they would just be another outside company trying to get business in CA plus they would lose their "pull" or barrier to entry advantage. The main question is how long and how much this advantage is worth to them compared to opportunities elsewhere vs. threats in CA. Link to comment Share on other sites More sharing options...
editor Posted August 14, 2012 Share Posted August 14, 2012 The Chronicle has a blurb stating that groundbreaking will happen next week.http://blog.chron.com/primeproperty/2012/08/look-for-another-crane-in-the-energy-corridor/ Link to comment Share on other sites More sharing options...
Gary Posted August 14, 2012 Share Posted August 14, 2012 The Chronicle has a blurb stating that groundbreaking will happen next week.http://blog.chron.co...nergy-corridor/They started excavation two weeks ago. Also, I normally don't have any inside info, but I'm kinda close to the Haiks and this thing IS a done deal.Mr Haik also has plans for "Energy Tower IV." It'll be very close to III, but a certain piece of land he owns that's being used for another business is taking up space... Should be starting around the beginning of next year. Link to comment Share on other sites More sharing options...
LTAWACS Posted August 14, 2012 Share Posted August 14, 2012 You think Chevron will occupy this building when it is completed? Link to comment Share on other sites More sharing options...
Lost_In_Translatio Posted August 14, 2012 Share Posted August 14, 2012 They started excavation two weeks ago. Also, I normally don't have any inside info, but I'm kinda close to the Haiks and this thing IS a done deal.Mr Haik also has plans for "Energy Tower IV." It'll be very close to III, but a certain piece of land he owns that's being used for another business is taking up space... Should be starting around the beginning of next year.More shade for my neighborhood and more traffic misery for everyone on Kirkwood. I wish Mr. Haik would cut a road through to Wickchester. Link to comment Share on other sites More sharing options...
Lost_In_Translatio Posted August 14, 2012 Share Posted August 14, 2012 You think Chevron will occupy this building when it is completed?Highly doubtful, probably more service companies. There's no tenants, so he's hoping some will just happen to come along. Link to comment Share on other sites More sharing options...
Pleak Posted August 14, 2012 Author Share Posted August 14, 2012 Highly doubtful, probably more service companies. There's no tenants, so he's hoping some will just happen to come along.Or independents. There are a lot of them out there and they grew a lot with the shale boom also. Link to comment Share on other sites More sharing options...
swtsig Posted August 15, 2012 Share Posted August 15, 2012 You think Chevron will occupy this building when it is completed?reading comprehension not a strong suit, i take it? Link to comment Share on other sites More sharing options...
LTAWACS Posted August 15, 2012 Share Posted August 15, 2012 reading comprehension not a strong suit, i take it?Oh it is, I just didn't bother to read it. I saw something about no tenants announced but that does not mean there aren't any - they're just not announcing any tenants. I stopped scanning the article after that. The chronicle has a habit of not posting as much information as they can or should. And Editor post it right after JJVilla's post. Link to comment Share on other sites More sharing options...
SkylineView Posted September 3, 2012 Share Posted September 3, 2012 From Sept 2. No crane yet... but soon. Link to comment Share on other sites More sharing options...
Gary Posted September 5, 2012 Share Posted September 5, 2012 That's not the site for this building. Your at Dairy Ashford and 10 with this pic. Energy tower III is at Kirkwood and 10. Link to comment Share on other sites More sharing options...
asubrt Posted September 5, 2012 Share Posted September 5, 2012 That's not the site for this building. Your at Dairy Ashford and 10 with this pic. Energy tower III is at Kirkwood and 10.He's still right about the no crane part, however. I drove by both yesterday, and neither has a crane yet. Link to comment Share on other sites More sharing options...
SkylineView Posted September 5, 2012 Share Posted September 5, 2012 Thank you Gary. You are correct, I got the photo mixed up with the Shell development half a mile down the road. Sorry about that. Link to comment Share on other sites More sharing options...
asubrt Posted September 25, 2012 Share Posted September 25, 2012 I drove by today, and they were just starting to assemble the bottom section of the crane. Should be up soon. It's amazing how much construction is going on in the Energy Corridor right now. There are at least 5 projects under construction easily visible from I-10 between BW8 and 99, and probably several more just out of view. Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted October 1, 2012 Share Posted October 1, 2012 Bisnow had a bit on the groundbreaking ceremony that took place a while back.http://www.bisnow.com/real-estate-hou/2012/09/06/spec-energy-building-breaks-ground/Didn't realize it would be connected to the Embassy Suites next door, but it also says that there will be a tower IV, when tower III fills up. That's a new development, since I always thought the plan was to have the three office buildings and hotel. Link to comment Share on other sites More sharing options...
swtsig Posted October 1, 2012 Share Posted October 1, 2012 Bisnow had a bit on the groundbreaking ceremony that took place a while back.http://www.bisnow.co...-breaks-ground/Didn't realize it would be connected to the Embassy Suites next door, but it also says that there will be a tower IV, when tower III fills up. That's a new development, since I always thought the plan was to have the three office buildings and hotel.they've always planned on 4 buildings or at least have been planning on 4 buildings for awhile now. a lot of activity at that i-10/bw8 intersection - this bldg, city centre III, IV and V, great indoors retail to office retrofit, and the two new bldgs on wickchester. Link to comment Share on other sites More sharing options...
asubrt Posted October 2, 2012 Share Posted October 2, 2012 Where is the fourth building supposed to be on the site? The only available spot is behind the one they are currently building (depending on how far back it goes) or to the west if they demolish part of that car dealership next door. Link to comment Share on other sites More sharing options...
Houston19514 Posted October 2, 2012 Share Posted October 2, 2012 Where is the fourth building supposed to be on the site? The only available spot is behind the one they are currently building (depending on how far back it goes) or to the west if they demolish part of that car dealership next door.From the linked article:"...Mac Haik already owns the land: It currently houses its car dealership, as seen in the background of this pic." Link to comment Share on other sites More sharing options...
asubrt Posted October 2, 2012 Share Posted October 2, 2012 From the linked article:"...Mac Haik already owns the land: It currently houses its car dealership, as seen in the background of this pic."Oops, didn't see that. Glad to hear that it will be next to building 3 rather than behind it. It will make for a pretty nice complex seen from I-10, with four buildings flanking the admittedly unimpressive Embassy Suites building. Link to comment Share on other sites More sharing options...
Lost_In_Translatio Posted October 2, 2012 Share Posted October 2, 2012 two new bldgs on wickchester.*shudder* don't remind me. traffic gets even worse in my neighborhood. Link to comment Share on other sites More sharing options...
Gary Posted October 8, 2012 Share Posted October 8, 2012 Crane is going up today. Link to comment Share on other sites More sharing options...
Gary Posted October 11, 2012 Share Posted October 11, 2012 Crane is up and operating. Link to comment Share on other sites More sharing options...
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