HOUSTON | BHP Billiton Tower | 477 FT / 145 M | 30 FLOORS | U/C
Tower Five at Four Oaks Place
In brief: A 30 story (22 Office floors + 8 floors of parking) , 525k square foot office tower located at 1550 Post Oak Boulevard, adjacent to the Four Oaks Place office complex. The building would be included as part of the complex when complete. The location is currently the site of a 24 Hour Fitness location, which is owned by TIAA-CREF, who in turn own Four Oaks Place. If built, it will be the first Class-A office building built in the district in 25 years. Developers: TIAA-CREF + Transwestern Architect: Pickard Chilton Planned start of construction: Q1, 2009 http://farm9.staticflickr.com/8518/8...efe9fa75_b.jpg From a HBJ article at the beginning of September on the state of three office projects uptown... FUNDING NO PROBLEM Houston-based Transwestern, development manager and leasing representative for the proposed TIAA-CREF building, is expected to release final details on the project within a month. Preliminary plans revealed nearly a year ago called for a 400,000-square-foot, 17-story office building with a development cost of $100 million to $120 million. The structure at 1550 Post Oak would replace the building in the Four Oaks Place office complex leased by 24 Hour Fitness from owner TIAA-CREF. The proposed building being called Tower Five at Four Oaks Place is now set to be 30 stories tall, with 525,000 square feet of office space on 22 floors atop a parking garage with roughly 1,500 spaces, says Carleton Riser, head of Transwestern’s development group. He says the building designed by architectural firm Pickard Chilton could break ground in the first quarter of 2009. The fact that no tenants have committed to the new building won’t delay construction, Riser says. The typical pre-leasing requirements aren’t in play because funding isn’t a problem for TIAA-CREF. The Fortune 100 financial services firm with more than $435 billion in combined assets under management is the leading retirement system for people in the academic, research, medical and cultural fields. A significant amount of money has already been spent planning the building, reflecting TIAA-CREF’s intent to move forward. Says Riser: “People don’t generally spend the money to take a building through construction drawings unless they’re very serious. We wouldn’t be spending the money if they weren’t bullish on the prospects of the investment.” http://www.justintowart.com/wp-conte...tration-40.jpg http://www.justintowart.com/wp-conte...tration-42.jpg http://www.justintowart.com/wp-conte...tration-43.jpg http://farm3.staticflickr.com/2873/1...6505a050_b.jpg |
This is good news. I wonder what it would look like.
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http://www.bizjournals.com/houston/s...=et63&ana=e_du
Monday, November 10, 2008 - 3:46 PM City approves variance for TIAA-CREF building Houston Business Journal - by Jennifer Dawson Reporter The City of Houston’s Planning Commission has granted a variance to TIAA-CREF to accommodate a 30-story office building it plans to construct in the Galleria area. TIAA-CREF intends to build an office tower at 1300 Post Oak, in place of an existing two-story 24-Hour Fitness. The office building will be located next to the Four Oaks Place office complex that is also owned by TIAA-CREF. The owner needed city approval to build the structure 15 feet away from Post Oak instead of the standard 25 feet. The setback change, granted last week, applies on Post Oak from Four Oaks Place Drive to West Briar Lane. The building will be located closer to the street in keeping with guidelines being developed for the future rail corridor. The Metropolitan Transit Authority of Harris County plans to construct a rail line down the middle of Post Oak. Houston-based Transwestern is development manager and leasing representative for the proposed office building, which has been on the drawing board for more than a year. With more than $435 billion in combined assets under management, TIAA-CREF is the leading retirement system for people in the academic, research, medical and cultural fields. |
For a minute I was expecting it the have been placed on hold or canceled. So far so good. :)
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So this most likley will happen?
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^^^
:yes: Its already approved, now we have to wait for renderings. |
Four Oaks place, isnt that near the galleria area?
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Sorta, more in the Uptown area.
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We need another project for the galleria. Its almost a given to see at least a couple of cranes in the area. Something is always happening in the Uptown...
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Cant wait for the renderings.
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Sorry for posting on a two-year old thread, but here's the only rendering that's been found of the proposed building:
http://www.houstonarchitecture.com/h...3_64_17810.jpg (original image from http://www.paynerowlett.com/#/PORTFOLIO/Architecture/7) I like how it doesn't fit at all with any buildings in the area. |
there has been a sign posted on site requesting a variance.
Looks like this project may be a go soon :) |
The Galleria is coming alive again. Woo Hoo...
:yes: |
It is indeed great news to hear about The Galleria area being built up with density.
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The 24-hour Fitness on the site closed down on Jan. 27, and I believe they've been emptying the building out for the past few months, in preparation for demolition.
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BHP Billiton Petroleum unveils plans for Post Oak tower
http://farm9.staticflickr.com/8518/8...efe9fa75_b.jpg Quote:
http://i1241.photobucket.com/albums/...ps509a4a4a.jpg By Skylineview on HAIF http://blog.chron.com/primeproperty/...-oak-boulevard |
Looks like it might be flirting with 500 feet. Nice tower although slightly dated now.
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Title for the building should be renamed bhpbilliton
Screenshots from a news video: http://farm9.staticflickr.com/8233/8...ba51c30a_c.jpg http://farm9.staticflickr.com/8511/8...2753b5cd_c.jpg http://farm9.staticflickr.com/8514/8...03a48283_c.jpg http://farm9.staticflickr.com/8249/8...469970a3_c.jpg |
Eh, from these new angles looks like it'll be around 460 feet. Still a nice addition.
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Still a nice tower, but yeah, Four Oaks Place (blue tower in back) is 420 feet. This looks to be slightly taller than that. 450 to 460 feet sounds about right.
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