cloud713 Posted December 18, 2013 Share Posted December 18, 2013 <p>A few notes:Chevron has delayed the start of this project for multiple reasons, one of them being to allow more time for the design.The tower will get built, there have been 0 discussions regarding cancellation.The height of the tower was increased shortly after the project was awarded to the GC. (they added two floors)With the additional time for design there are discussions regarding the desired height for the tower, nothing is currently set in stone and anyone who throws out a height figure right now needs to understand that the height of the tower is FLEXIBLE with the start of construction pushed out.Agreed. As for the last part, I realize the height could still change, I was just going to post the height that's on the current blue prints. Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted December 18, 2013 Share Posted December 18, 2013 A few notes: Chevron has delayed the start of this project for multiple reasons, one of them being to allow more time for the design.The tower will get built, there have been 0 discussions regarding cancellation.The height of the tower was increased shortly after the project was awarded to the GC. (they added two floors)With the additional time for design there are discussions regarding the desired height for the tower, nothing is currently set in stone and anyone who throws out a height figure right now needs to understand that the height of the tower is FLEXIBLE with the start of construction pushed out. Delayed the start? Until when? Quote Link to comment Share on other sites More sharing options...
cloud713 Posted December 18, 2013 Share Posted December 18, 2013 Delayed the start? Until when?I believe it was supposed to start in 2Q 2014 but now probably won't start till 3Q..? Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted December 18, 2013 Share Posted December 18, 2013 I believe it was supposed to start in 2Q 2014 but now probably won't start till 3Q..? Not sure that's true. I don't think they ever explicitly stated when construction would start, but they did say that the "final investment decision" would not be made until 2Q 2014, with construction to start some time thereafter, and occupancy to begin in the 4th Q 2016. It always seemed unlikely that construction would start before the 3rd Q. Quote Link to comment Share on other sites More sharing options...
Howard Huge Posted December 18, 2013 Share Posted December 18, 2013 Agreed. As for the last part, I realize the height could still change, I was just going to post the height that's on the current blue prints.Still havent heard from your guy yet?YOU BETTER NOT BE JERKIN US AROUND, BUDDY! 1 Quote Link to comment Share on other sites More sharing options...
cloud713 Posted December 18, 2013 Share Posted December 18, 2013 Still havent heard from your guy yet?YOU BETTER NOT BE JERKIN US AROUND, BUDDY!Heh, I'm just as eager to find out as you are.. You guys will be the first to know. I probably shouldn't have brought anything up until I had the info, I was just a little excited. Ha 3 Quote Link to comment Share on other sites More sharing options...
Sellanious Caesar Posted December 18, 2013 Share Posted December 18, 2013 Everybody chill. It's getting built. Who cares if it's not the new tallest? Even 700-800 feet is great. Houston has 2 supertalls already. I think we're good in that department for a few more years. Right now there's a lot of activity, lots of infill. Lots of depth. Great cities don't need supertalls to be great, look at Paris and Tokyo. Two of the very best in the world. Quote Link to comment Share on other sites More sharing options...
Howard Huge Posted December 19, 2013 Share Posted December 19, 2013 Heh, I'm just as eager to find out as you are.. You guys will be the first to know. I probably shouldn't have brought anything up until I had the info, I was just a little excited. HaIts cool, just messin with you Cloud. 1 Quote Link to comment Share on other sites More sharing options...
arche_757 Posted December 19, 2013 Share Posted December 19, 2013 (edited) Chevron announced they're putting the tower on hold... http://blog.chron.com/primeproperty/2013/12/chevron-puts-downtown-tower-on-hold/?cmpid=bna Edited December 19, 2013 by arche_757 Quote Link to comment Share on other sites More sharing options...
Triton Posted December 19, 2013 Share Posted December 19, 2013 We're looking at 2015 now. Quote Link to comment Share on other sites More sharing options...
cloud713 Posted December 19, 2013 Share Posted December 19, 2013 Ugh... WTF Chevron? Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted December 19, 2013 Share Posted December 19, 2013 I don't mind, since one reason is to allow more time for the design. There'll still be big things going on downtown next year. 1 Quote Link to comment Share on other sites More sharing options...
cloud713 Posted December 19, 2013 Share Posted December 19, 2013 Oh well if they are trying to make the design better I'm all for it... And true. 609 Main, Capital Tower and the residential projects should be enough to keep us entertained in the downtown area for the next year.. Quote Link to comment Share on other sites More sharing options...
houstonfella Posted December 19, 2013 Share Posted December 19, 2013 On the flip side, at least it is still planned, just at a later date. 2 Quote Link to comment Share on other sites More sharing options...
arche_757 Posted December 19, 2013 Share Posted December 19, 2013 Doesn't take a year to redesign something like this. Any firm would bust their "you know whats" to get a 50-60 floor tower finished and ready to go. Not like they're reinventing the wheel. What I find really odd is the timing on this announcement. I will bet the folks who own Allen Center are working on all sorts of levels to keep their Chevron clients happy, and maybe even convince them to move additional resources into those recently announced "soon to be renovated" buildings. 1 Quote Link to comment Share on other sites More sharing options...
bachanon Posted December 19, 2013 Share Posted December 19, 2013 Oh my.....the plot thickens. Quote Link to comment Share on other sites More sharing options...
wxman Posted December 19, 2013 Share Posted December 19, 2013 Wow. In a word: retarded. Quote Link to comment Share on other sites More sharing options...
Triton Posted December 19, 2013 Share Posted December 19, 2013 Doesn't take a year to redesign something like this. Any firm would bust their "you know whats" to get a 50-60 floor tower finished and ready to go. Not like they're reinventing the wheel.What I find really odd is the timing on this announcement. I will bet the folks who own Allen Center are working on all sorts of levels to keep their Chevron clients happy, and maybe even convince them to move additional resources into those recently announced "soon to be renovated" buildings.Agreed. Something seems fishy here. 1 Quote Link to comment Share on other sites More sharing options...
Naviguessor Posted December 19, 2013 Share Posted December 19, 2013 Damn. Didn't see that coming. But, I am sure that it will be worth the wait. Quote Link to comment Share on other sites More sharing options...
invisibletrees Posted December 19, 2013 Share Posted December 19, 2013 Doesn't take a year to redesign something like this. Any firm would bust their "you know whats" to get a 50-60 floor tower finished and ready to go. Not like they're reinventing the wheel. obviously, no one said it did. there's a number of reasons why this and other projects by chevron have been placed on the back burner. Quote Link to comment Share on other sites More sharing options...
arche_757 Posted December 19, 2013 Share Posted December 19, 2013 ^I was responding to someone who said the extra year will allow for a better design. Usually when projects get "put on hold" it is due to money. Nothing more, nothing less. Even for a company as big and powerful as Chevron. Perhaps the money is better spent elsewhere now? Maybe enough shareholders raised concerns that they don't need a new tower in Houston? Or executives are rethinking if perhaps they wouldn't be better off doing something else? Quote Link to comment Share on other sites More sharing options...
ig2ba Posted December 19, 2013 Share Posted December 19, 2013 I don't think we should read into this too much as being a downtown- or even Houston-specific issue. The word is that they planned other buildings in Pittsburgh and Bakersfield, and these have been delayed (but I don't think cancelled yet).The expansion of their building in Louisiana, which was over capacity from when it was opened in 2008, has also been delayed. 1 Quote Link to comment Share on other sites More sharing options...
GoodToBeMe Posted December 19, 2013 Share Posted December 19, 2013 Which building of theirs in Louisiana? I was not aware they had personnel there. Is this typical for tall buildings in Houston? I read on another thread here about several other tall structures being placed on hold. Quote Link to comment Share on other sites More sharing options...
ig2ba Posted December 19, 2013 Share Posted December 19, 2013 They have offices at Lafayette, Covington, and Henry Hub. The Covington one was built soon after Katrina, so it must be that one. Quote Link to comment Share on other sites More sharing options...
cloud713 Posted December 19, 2013 Share Posted December 19, 2013 He means Louisiana ave I'm pretty sure, the property chevron currently owns in downtown Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted December 19, 2013 Share Posted December 19, 2013 Just recently read an article saying that, barring major regional conflict in the Mideast, oil prices are heading way downward soon. Not looking good folks! Quote Link to comment Share on other sites More sharing options...
Moore713 Posted December 19, 2013 Share Posted December 19, 2013 they have frozen all projects in place , except for the mid land one( not just Houston but varies other cities) but They are still going thu with employee tranfers to Houston, and stated they are still bulking of their employee work force in Houston, so the tranfers are still happening.what it sounds like to me is that they may have signed a tenet deal with one of the new towers planned. Why else would they freeze the building , but state they will go ahead witht he employee transfers Quote Link to comment Share on other sites More sharing options...
lockmat Posted December 19, 2013 Share Posted December 19, 2013 I wouldn't doubt if he meant the state. Most oil and gas companies have a presence there. 1 Quote Link to comment Share on other sites More sharing options...
King Owl Posted December 20, 2013 Share Posted December 20, 2013 they have frozen all projects in place , except for the mid land one( not just Houston but varies other cities) but They are still going thu with employee tranfers to Houston, and stated they are still bulking of their employee work force in Houston, so the tranfers are still happening. what it sounds like to me is that they may have signed a tenet deal with one of the new towers planned. Why else would they freeze the building , but state they will go ahead witht he employee transfers hmm. If I were Shorenstein, I'd be trying to entice them over to Bell St. 1 Quote Link to comment Share on other sites More sharing options...
Howard Huge Posted December 20, 2013 Share Posted December 20, 2013 Just recently read an article saying that, barring major regional conflict in the Mideast, oil prices are heading way downward soon. Not looking good folks!Time to start a war! 2 Quote Link to comment Share on other sites More sharing options...
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