Chevron Tower For Downtown At 1600 Louisiana St.

[TGM]

the guy who mentioned HQ relocations said Chevrons preferred situation would be to tear down Exxon and rebuild a tower, which makes me wonder if there are truths to the 4 anchors rumor and when they rebuilt they would put the tower on the daycare lot instead of running a huge podium across an entire city block.

No way they would tear down the ExxonMobil building. Too far. It would make more sense to purchase 1600 Smith.

as for your point on HQ relocations, true thats where a lot of future business will be, but a lot of the new oil is coming from places like Brazil and Venezuela (they have the largest oil deposits in the world) in south america, and Houston is sort of a gateway to the south. i guess it could go either way

Probably both. In Asia it is really about the natural gas markets and the tremendous growth that is occurring there.

I think what you will see is that as people retire their replacements (whenever possible) will be located in Houston. Chevron and all other energy companies need to maintain and grow earth sciences talent as they will see a large percentage of it retiring in the next 15-20 years. If I were in my teens today I would pursue a degree in Petroleum Engineering or Geology.

[hoothrewpoo]

From ConstructionWire:

 

Plans call for the construction of a 1.7 million-square-foot, 50-story office tower for Chevron Corp. to expand the existing two-building campus. The development is to include common areas, parking facilities and a fitness center.

 

price tag - $238.8 Million

 

nothing new really, except they've published the project cost.

[lockmat]

From ConstructionWire:

Plans call for the construction of a 1.7 million-square-foot, 50-story office tower for Chevron Corp. to expand the existing two-building campus. The development is to include common areas, parking facilities and a fitness center.

price tag - $238.8 Million

nothing new really, except they've published the project cost.

Welcome back!

[Houston19514]

From ConstructionWire:

 

Plans call for the construction of a 1.7 million-square-foot, 50-story office tower for Chevron Corp. to expand the existing two-building campus. The development is to include common areas, parking facilities and a fitness center.

 

price tag - $238.8 Million

 

nothing new really, except they've published the project cost.

 

Interesting.  Seems like a pretty economical price tag.

[hoothrewpoo]

Interesting.  Seems like a pretty economical price tag.

 

considering the amenities, and scope, I'd agree. 

[nativehoustonion]

That is nothing compared how much they make a year. They also got a tax rebate. Hello?

[Purdueenginerd]

Chevron's Revenue is 241 billion dollars per year.

Net Income: 26 billion dollars per year.

 

This building, is cheeeeeeap! 

[jgriff]

Chevron's Revenue is 241 billion dollars per year.

Net Income: 26 billion dollars per year.

 

This building, is cheeeeeeap! 

 

Compared to the billion+ that Exxon is paying for their campus it's not much.

 

Of course if you invest money in Chevron you only get a 3.25% dividend so they can't just throw money away. They need a lot of profit to pay those millions of stockholders.

[htownproud]

there is no plan to move HQ to Houston on the horizon.  not saying it won't happen 20+ years down the road, but not in the immediate future

[cloud713]

there is no plan to move HQ to Houston on the horizon.  not saying it won't happen 20+ years down the road, but not in the immediate future

 

im just curious why your so certain about that? Chevron had been saying up until the tower announcement was made that only 800 people would be relocated to Houston over the next few years, and didnt acknowledge any of the new tower rumors until they made it official, just like Exxon did with their new campus. so these types of things have been proven to officially be denied by the companies many times in the past, even with there is truth to the rumors. not saying i think it will happen, but you never know? it would be nice to have such a large corporation relocate to Houston. im still bitter that Exxon is still in Dallas after building the huge campus in Houston.

does anyone have any idea how long until Chevrons current lease in their San Fransico buildings are up again?

[KinkaidAlum]

Would just like to point out to the poster who thinks Chevron would have gotten more buzz by building a large campus like Exxon... This thread already has more responses than the Exxon Campus Thread despite the Exxon thread having existed since 2010. 

 

Oh, and the Exxon Campus is currently under construction but that thread has fallen off the front page. Nobody cares. I am willing to bet that when a 50 story tower starts going up in downtown, that thread will never fall off the front page.

 

Chevron is making a WISE choice. LOCATION, LOCATION, LOCATION. 

[livincinco]

Would just like to point out to the poster who thinks Chevron would have gotten more buzz by building a large campus like Exxon... This thread already has more responses than the Exxon Campus Thread despite the Exxon thread having existed since 2010.

Oh, and the Exxon Campus is currently under construction but that thread has fallen off the front page. Nobody cares. I am willing to bet that when a 50 story tower starts going up in downtown, that thread will never fall off the front page.

Chevron is making a WISE choice. LOCATION, LOCATION, LOCATION.

Understand your point, but I don't think that the number of posts in an architecture forum is what OP was talking about in terms of buzz.

[jt16]

Would just like to point out to the poster who thinks Chevron would have gotten more buzz by building a large campus like Exxon... This thread already has more responses than the Exxon Campus Thread despite the Exxon thread having existed since 2010.

Oh, and the Exxon Campus is currently under construction but that thread has fallen off the front page. Nobody cares. I am willing to bet that when a 50 story tower starts going up in downtown, that thread will never fall off the front page.

Chevron is making a WISE choice. LOCATION, LOCATION, LOCATION.

Don't use this forum as your window to the world. The Exxon campus is literally the big thing around town everyone is talking about. It's going to change Houston (populations) for better or worse.

[Purdueenginerd]

I think using the HAIF population is not a statistically representative body of people. All of us here are interested in Houston's architecture. The impact of a suburban campus versus a downtown, skyline changing highrise are of course going to warrent more discussion towards the latter. 

 

That being said, I still prefer the Chevron plan. 

[King Owl]

Would just like to point out to the poster who thinks Chevron would have gotten more buzz by building a large campus like Exxon... This thread already has more responses than the Exxon Campus Thread despite the Exxon thread having existed since 2010. 

 

Oh, and the Exxon Campus is currently under construction but that thread has fallen off the front page. Nobody cares. I am willing to bet that when a 50 story tower starts going up in downtown, that thread will never fall off the front page.

 

Chevron is making a WISE choice. LOCATION, LOCATION, LOCATION. 

 

I believe this post is directed at me. Two things:

 

1) Reading comprehension is important and seems to have eluded you.  I said that Chevron missed the mark if this was their answer to XOM's campus, and that Chevron missed an opportunity to do something really cool that would get people talking.  My point was that they could have built something eye-catching and innovative they could have really created a buzz.  Their skyscraper, while fairly tall, won't stand out in the downtown skyline.  They are building a 1.7M sq ft tower -- for perspective that is larger than Williams Tower in terms of sq ft.  Why not build up to create a true titan of the skyline?  Why build a box?  Why use the same 30 year old glass concept simply for the sake of consistency?  They could have done better.

 

2) Logic is also important.  Using the metric of "pages on HAIF" is a weak metric that is not representative of oil company employees or the general public.  You have a group of people on here who value interesting architecture and height.  Yes, Chevron's tower hits on the latter, certainly much more than XOM's campus...therefore the page count difference on here.

 

Again, I do like Chevron's commitment to downtown and the location is good for them, I simply believe they missed an opportunity to do something truly great.  They gave us a mediocre effort that could have been better.

 

[Mister X]

DISCLAIMER: This is not meant to be taken as a personal attack on King Owl or anyone else. It is a simple friendly observation and opinion. 

 

...Of course they could have done better. Name one project that couldn't have been "done better" and I'll give you 10 reasons how it could have been done better. "Done better" is a rather lame position. It can always be done better.  And better to who? Just because some people are perfectly happy with this project (as per the rendering) doesn't necessarily mean that they have bad taste. Maybe YOU and your i-buddies have bad taste. Maybe if the tower you envision is built, it would ruin the skyline, maybe not. It's all subjective. 

 

King Owl, if people are allowed to be unhappy with this tower. They are also allowed to be happy with it too for any reasons they want. And if you have the right to repeat your objections until you feel that you have been perfectly understood, then so do others. 

 

'People talking' is also subjective. People ARE talking about it, maybe not the people you want to be talking about it, and maybe not for the reasons you want them to be talking about it - but they ARE talking about it, and I agree with Kinkaid, they will continue to be talking about it at Haif and elsewhere for a good long time (if built).

 

 

 

Edited July 12, 2013 by Mister X

[Houston19514]

Don't use this forum as your window to the world. The Exxon campus is literally the big thing around town everyone is talking about. It's going to change Houston (populations) for better or worse.

 

Seriously?  I don't hear anyone talking about the Exxon campus.  In fact, I'm surprised at how many people I encounter who know nothing about it.  (Similar to my surprise at the number of people who know nothing or almost nothign about the under-construction rail lines.)

[jgriff]

 Why use the same 30 year old glass concept simply for the sake of consistency?  They could have done better.

 

I don't think their goal is to create an architectural masterpiece or create buzz. Energy companies need less buzz, not more. Chevron's goal is to get oil and LNG projects done and make money for their shareholders. The only argument that could be made for spending big money on an archtiecural landmark would be if they could attract more and better employees with it. Most employees are more worried about their paycheck than working in a landmark though. At least the ones who are grown up and have sense are. Chevron and Exxon are very conservative companies. I've seen them do things like spend 100 hours at $130 an hour to save a couple thousand on a BOM. Every single decision these guys make is about the bottom line sometimes to the point of lunacy.

[KinkaidAlum]

I hear a few people talking about Exxon but much of the chatter isn't positive. This is what I am hearing;

 

1) Commercial real estate friend is stoked. He was able to buy up land in the general vicinity of the new campus a year before Exxon officially announced

 

2) A few Exxon investors I know are worried about losing a lot of young engineers who are currently working in Greenway to competitors because of the new location. There's been lots of buzz about people leaving Exxon for the competition

 

3) A 35+ year Exxon employee who is my Godfather is planning on an early retirement rather than make a move. He's lived in Tanglewood since the 1960s and belongs to the Houston Country Club and has no intention of moving up North or making that commute

 

4) My construction friends (architects, builders, suppliers) were chattering a lot about Exxon a year or so ago because it was such a huge project, but they aren't talking about it anymore because there's so many other things happening around town that are more visible (Regent Sq, Blvd Place, Buffalo Bayou master plan, Chevron, apartment explosion, Energy Corridor growth, etc...)

[Purdueenginerd]

I have several friends who are employees of exxon. All in their 20s. Their reactions range from "moo" To "I dont like it"

 

Anecdotal evidence considering all of them live in Midtown or downtown....

[King Owl]

So basically a lot of anecdotal evidence regarding xom. Ok thanks.

Many times a corporate move is a way to cut dead weight. The top performers will be compensated to make it worth their while to stay

Edited July 12, 2013 by King Owl

[jt16]

I know an XOM engineer being moved to ...Tyler and its a good career move. I know another that recently moved to Brussels. I suspect some will leave the company but I don't think XOM is worried if that's what you're implying.

[Triton]

Seriously?  I don't hear anyone talking about the Exxon campus.  In fact, I'm surprised at how many people I encounter who know nothing about it.  (Similar to my surprise at the number of people who know nothing or almost nothign about the under-construction rail lines.)

 

Everyone on the far northside is talking about it. My family lives in Spring and I have a few friends that live in the Woodlands, and all of them have been talking about the Exxon campus and even a future UPS distribution center near the Exxon campus. It's more local buzz than city wide. On the other hand, when everyone sees this tower under construction while they're driving past downtown, they're going to at least wonder what's going up there. You can barely even see Exxon... just a boatload of cranes.

[Montrose1100]

Have any anti-oil/climate change/occupy this ever protested any buildings Dowtown? Other than corporate espionage what is Exxon so afraid of?

Edited July 13, 2013 by Montrose1100

[Ross]

Have any anti-oil/climate change/occupy this ever protested any buildings Dowtown? Other than corporate espionage what is Exxon so afraid of?

 

Greenpeace entered and occupied ExxonMobil's head office in Dallas a few years back. i Seem to recall they also hung a banner on the building downtown, but I could be wrong.

[Howard Huge]

The problem with exterior features is all related to the cost of curtain wall. About 5 years ago the bottom fell out of the glass market and something called unitized curtain wall started to become the norm. Unitized curtain wall has a ton of benefits beyond traditional stick built glazing including: (energy performance, structural performance, keeping water out performance).

Once unitized systems became the standard, it became cost prohibitive to do anything else in the spandrel portion of the facade. We can use metal panels, stone, etc but in order to keep cost down they are typically glazed into the curtain wall. Combine that with the fact that there are less than 10 proven unitized designs on the market right now leads us to the era of "the boring glass box"

Architects are fighting this like mad but they are up against significant challenges from developers (cost). We are seeing products start to compete but this glass box trend is going to be around for a while.

Funny how this "era of the boring glass box" phenomena only seems to apply to new construction in HOUSTON and not cities like New York or Chicago.

Lets get real here, its not like people aren't designing and building visually striking and unique architecture anymore. It's only the developers who want to cheap out and go "cost effective" that are building the boring glass boxes, which basically goes along with what you explained, in a nutshell.

[Howard Huge]

DISCLAIMER: This is not meant to be taken as a personal attack on King Owl or anyone else. It is a simple friendly observation and opinion.

...Of course they could have done better. Name one project that couldn't have been "done better" and I'll give you 10 reasons how it could have been done better. "Done better" is a rather lame position. It can always be done better. And better to who? Just because some people are perfectly happy with this project (as per the rendering) doesn't necessarily mean that they have bad taste. Maybe YOU and your i-buddies have bad taste. Maybe if the tower you envision is built, it would ruin the skyline, maybe not. It's all subjective.

King Owl, if people are allowed to be unhappy with this tower. They are also allowed to be happy with it too for any reasons they want. And if you have the right to repeat your objections until you feel that you have been perfectly understood, then so do others.

'People talking' is also subjective. People ARE talking about it, maybe not the people you want to be talking about it, and maybe not for the reasons you want them to be talking about it - but they ARE talking about it, and I agree with Kinkaid, they will continue to be talking about it at Haif and elsewhere for a good long time (if built).

First you say:

"DISCLAIMER: This is not meant to be taken as a personal attack on King Owl

Then you say:

"Done better" is a rather lame position"

and

"Maybe YOU and your i-buddies have bad taste"

and

"Maybe if the tower you envision is built, it would ruin the skyline"

All while calling King Owl out personally:

"King Owl, if people are allowed to be unhappy with this tower."

It's textbook trolling and baiting, it's off topic, and it's derailing the thread into a "Mister X versus King Owl" match. Cut it out.

King Owl simply gave his opinion that the tower could have been better, without quoting or directing it toward anyone in particular. He didn't cherry pick a Mister X post and say "Mister X's opinion is stupid, this tower sucks".

You on the other hand........

[VelvetJ]

Howard Huge's last two posts were SPOT ON!

[treblelino]

Funny how this "era of the boring glass box" phenomena only seems to apply to new construction in HOUSTON and not cities like New York or Chicago.

image.jpg image.jpg image.jpg image.jpg image.jpg image.jpg image.jpg image.jpg image.jpg image.jpg

Lets get real here, its not like people aren't designing and building visually striking and unique architecture anymore. It's only the developers who want to cheap out and go "cost effective" that are building the boring glass boxes, which basically goes along with what you explained, in a nutshell.

[treblelino]

That's because those cities' buildings are not boring. Look at the beautiful architecture.