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-   -   HOUSTON | One Market Square | FT | 46 FLOORS (https://skyscraperpage.com/forum/showthread.php?t=206523)

Htowngrown Mar 7, 2014 12:40 AM
That's too much space though. Adding all the office towers planned/proposed it comes out to over 5 million sq ft of spec space. Hines may be getting close to a tenant with 609 Main but I haven't heard anything else from the others. I think those are a bit optimistic, because most of those towers would have to break ground this year to meet those timelines. Developers are much more cautious with Houston this time around so I wouldn't expect anything so bold.

toxteth o'grady Mar 17, 2014 3:19 PM
Quote:
Originally Posted by Htowngrown (Post 6482521)
That's too much space though. Adding all the office towers planned/proposed it comes out to over 5 million sq ft of spec space. Hines may be getting close to a tenant with 609 Main but I haven't heard anything else from the others. I think those are a bit optimistic, because most of those towers would have to break ground this year to meet those timelines. Developers are much more cautious with Houston this time around so I wouldn't expect anything so bold.
Possibly. Houston businesses are consuming 3 to 4 million square feet of Class A space a year, and it takes 2-3 years to build these towers. I'd say the 5 million will be gone by the time the buildings are completed.

TexasRE Mar 21, 2014 10:33 PM
I love the beautiful design to this tower.

toxteth o'grady Mar 23, 2014 2:52 AM
About seven years ago, Dallas built a 20-story building with a bow in the front, and it looks like one of those old Compaq desktop computers, circa 2001.

Urbannizer Apr 18, 2014 1:19 PM
The tower is now being called One Market Square. 41-floors and 750,000 square feet. New development map says it will be finished by 1Q 2017, which means the tower would have to break ground pretty soon to achieve that completion date.

http://www.downtownhouston.org/site_..._Map_11x17.pdf

toxteth o'grady Apr 18, 2014 9:02 PM
I wonder if they actually cut the number of floors in the building. Reviewing the earlier posts to this thread, the building was proposed as 41 floors on 10 levels of parking. It could still be the equivalent of 50 stories.

shakman Apr 19, 2014 5:14 AM
:previous: 41-floors total.

Quote:
Originally Posted by Urbannizer (Post 6246960)
Yes. Same design, just a few floors trimmed off from the original plan. Here's the brochure:

http://i.imgur.com/uihdoUp.jpg

toxteth o'grady Apr 20, 2014 5:43 AM
That rendering needs to be updated. It still appears to be a 51-story building.

OTOH, the small views appear to show the building in its proper proportion.

shakman Apr 20, 2014 7:42 AM
Quote:
Originally Posted by toxteth o'grady (Post 6546596)
That rendering needs to be updated. It still appears to be a 51-story building.

OTOH, the small views appear to show the building in its proper proportion.
The literature under "FEATURES" states the correct number of floors.

AustinTay Apr 20, 2014 11:04 PM
Quote:
Originally Posted by shakman (Post 6546645)
The literature under "FEATURES" states the correct number of floors.
He was just saying the rendering is not updated because it matches the older specs.

toxteth o'grady Aug 30, 2014 2:22 AM
Latest DOwntown map shows a Q4 2015 start for this one. We'll see....

Urbannizer Aug 31, 2014 2:02 AM
Quote:
Originally Posted by toxteth o'grady (Post 6711473)
Latest DOwntown map shows a Q4 2015 start for this one. We'll see....
4Q 2014*

http://www.downtownhouston.org/site_..._Map_11x17.pdf

Clev Aug 31, 2014 2:59 AM
I love this tower. I hope it happens because it would be great for downtown.

shakman Aug 31, 2014 6:05 AM
Quote:
Originally Posted by Clev (Post 6712170)
I love this tower. I hope it happens because it would be great for downtown.
Especially for Market Square. :cheers:

This tower along with 609 Main will compliment one another.

pacarlson Dec 19, 2014 6:58 PM
Anyone have a status update on this one? I wonder if the oil price drop is going to delay or cancel this.

Urbannizer Jan 10, 2015 10:22 PM
Quote:
Originally Posted by pacarlson (Post 6850582)
Anyone have a status update on this one? I wonder if the oil price drop is going to delay or cancel this.
Its's dead.

Urbannizer Oct 8, 2015 3:01 AM
This one's back in-development, but under a new name - Theater Square.

https://c2.staticflickr.com/6/5747/2...e72391aa_b.jpg
http://www.houstonarchitecture.com/h...ower/?p=512902

Urbannizer Feb 4, 2016 1:33 PM
A model of Downtown Houston which was shown recently during Gensler's "By Design" event included a model of this tower (in brown). You can see that the design has evolved.

http://static1.squarespace.com/stati...G?format=1600w

http://static1.squarespace.com/stati...g?format=1600w

http://static1.squarespace.com/stati...G?format=1600w

Urbannizer Apr 27, 2016 3:02 PM
Phase 1: Parking structure with retail for the southern half of the block. The developer has sued Hines over an agreement regarding tunnel access.

Downtown property owner sues to halt demolition of former Chronicle building

Quote:
A downtown property owner is taking a neighbor to court over demolition plans it says will impede its ability to connect into the downtown tunnel system.

Theater Square LP, an entity affiliated with the Linbeck construction family, filed a lawsuit against an entity controlled by the Hines development firm, owner of the former Houston Chronicle building at 801 Texas, and Hearst Newspapers, the Chronicle's parent company.

The Linbeck entity said it is in the initial phase of developing its site, which will include a retail and parking structure on the southern half of the block. The city has approved its foundation permit.

The Linbeck entity wants a court to keep Hines from demolishing or damaging the passageways or basement areas of the Chronicle building. The company is also seeking damages and attorney fees.

Urbannizer Jul 29, 2016 9:56 PM
Judge gives temporary protection in downtown tunnel case

Quote:
A judge has ruled that the tunnel corridor between the former Houston Chronicle building and a neighboring property cannot be destroyed during any demolition or construction at the site.

The temporary injunction is the latest development in a legal dispute between the property owners over access to downtown's vital tunnel system.

State District Judge Wesley Ward last month granted temporary protection for the tunnel corridor, at least until the matter is settled at trial in January. Theater Square would be responsible for any protective costs in the interim. Earlier this month, the group posted a $468,000 bond for that purpose.

The order requires Hines to keep Theater Square apprised of its construction plans and give at least 10 days to raise objections to any specific work. After protective work is performed, Theater Square would have to reimburse Hines within 20 days.

According to court documents, the temporary injunction, "is not intended to prohibit Block 58 (Hines) from designing and constructing a new building on the Chronicle tract."


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