Jump to content

Niels Esperson Building, Partial Conversion To Multifamily


MidtownCoog

Recommended Posts

  • The title was changed to Tunnel Re-Do Under The Esperson Building
  • 5 months later...

My old office was in this building, loved the quirks:

- Elevators rang an actual bell when you arrived to your floor

- There was a mail slot that connected all the floors to the lobby level. If you were lucky you would catch some mail whizzing by on its way down.

- Niels Esperson's family crest being mounted everywhere.

- The carved cattle skulls on the stonework on the Travis street entrance.

- They used to do a monthly tour of the copula (show above) and Mellie Esperson's old office. Neils passed away before his eponymous building was completed, and Mellie went blind before her expansion (Walker Street side) was completed. She lived in the building for the rest of her life, there is a set of apartments on the very top floor.

- The building is allegedly haunted by Mellie. Don't really believe in that sort of thing, but also didn't stay late into the night to find out....

Fun memories!!

  • Like 9
Link to comment
Share on other sites

  • 7 months later...
  • 5 months later...
  • The title was changed to The Neils Esperson Building, Partial Conversion To Multifamily
3 hours ago, editor said:

Well, crap.  I guess I'm moving again. My wife loves that building.

Between the antenna and the building, it sounds like you and your wife need separate bedrooms. In separate buildings🤣

  • Like 1
  • Haha 1
Link to comment
Share on other sites

"An iconic piece of Houston’s downtown skyline is set to undergo a $50 million makeover as a developer adds residences to a historic commercial building, hopping on an emerging trend of real estate investors reimagining excess office space."

https://www.houstonchronicle.com/business/real-estate/article/Esperson-Building-Houston-50M-makeover-17395344.php#photo-22847465

  • Like 3
  • Thanks 3
Link to comment
Share on other sites

On 8/23/2022 at 3:34 PM, hindesky said:

Owners of the nearly century-old downtown Esperson building will convert parts of its office space into multifamily units, part of the greater trend of repurposing old office space as tenants flock to newer, highly amenitized buildings. 

52306420626_91efabee88_h.jpgScreen Shot 2022-08-23 at 3.30.57 PM by David, on Flickr

The building at 808 Travis St. was first built in the 1940s, and was the largest office building built during the Great Depression, as well as the first Houston skyscraper to have central air conditioning. The renovations, designed by Gensler, will add multifamily units as well as an amenity space on the 17th floor, available to both residents and office tenants.

Plans for the amenity space call for removing the roof on the northwest corner of the 17th floor to create an outdoor-indoor space, with a rooftop swimming pool, a dog park, a speak-easy, a wellness facility, indoor and outdoor lounge areas, and a space for catered meetings.

 

They're opening a speak-easy?

prohibition_speakeasy_feature.jpg

  • Like 6
Link to comment
Share on other sites

  • 2 months later...
  • The title was changed to Niels Esperson Building, Partial Conversion To Multifamily
  • 2 months later...
  • 2 months later...
  • 2 weeks later...
  • 2 weeks later...

Why more Houston offices aren't being converted to housing (houstonchronicle.com)

"For example, Cameron Management unveiled plans more than a year ago to convert the Esperson complex, two older office towers on Travis Street, into a mixed-used project with apartments, coworking and offices. On paper, the downtown buildings would work well for a conversion. They’re in a desirable location and have narrow floorplates allowing enough light for residential units. Cameron invested nearly $4 million into studying and planning a conversion. But the estimated cost to construct 100 units is about $50 million, about $20 million more than expected, said Dougal Cameron, president of Cameron Management.

As credit markets tightened over the year, Cameron hasn’t been able to secure favorable financing. Traditional lenders are “out of the game,” he said.

The towers, built in the 1920s and 1940s, are old enough to qualify for federal and state historic tax credits, but Cameron is wary of the strings attached."

  • Like 1
  • Sad 4
Link to comment
Share on other sites

  • 3 weeks later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...