Calpine Center

Calpine Center

Calpine building, corner of Milam St. and Texas St.
General information
Type Office
Location 717 Texas Street, Houston, Texas
Coordinates 29°45′42″N 95°21′51″W / 29.7616°N 95.3643°W / 29.7616; -95.3643Coordinates: 29°45′42″N 95°21′51″W / 29.7616°N 95.3643°W / 29.7616; -95.3643
Completed 2003
Opening November 10, 2003
Height
Roof 453 ft (138 m)
Technical details
Floor count 33

The Calpine Center is a 453 ft (138m) tall postmodern skyscraper in Downtown Houston, Texas. The building has 33 floors of Class A office space.[1][2] It is the 30th tallest building in the city. The building has the world headquarters of Calpine Corporation.[3] Hines and Prime Asset Management jointly developed the building. The Houston office of HOK designed the building, and Turner Construction acted as the general contractor.[2] It is connected to the downtown tunnel system. Mark Russell of Studley, a real estate firm, said that the Calpine Center is more efficient than many of the tall office buildings built in Houston in the early 1980s.[4]

History

Originally Calpine intended to lease 300,000 square feet (28,000 m2) of space. By February 2003 Calpine announced that it would sublease some of the space to other firms.[5] The Calpine Center was scheduled for completion at the end of 2003. In July 2003 the space was 82% booked for occupation. Calpine and Burlington Resources, another energy company, leased space in the building; each company agreed to lease 250,000 square feet (23,000 m2) of space. In addition Jones Day agreed to lease over 50,000 square feet (4,600 m2).[1] The building opened on Monday November 10, 2003. Other tenants that had occupied the building by its opening included Cheniere Energy Inc. and Hines's southwest region development office.[2] In 2004 Avalon Advisors LP agreed to lease 9,385 square feet (871.9 m2) of space in the building, bringing its occupancy level to 86%.[6]

Tower, with Houston Chronicle building seen at lower right
Street sign detail
Main entrance on Texas St.

See also

References

  1. 1 2 Bivins, Ralph. "SURVIVAL OF THE NEWEST / OCCUPANCY DOWNTOWN TUMBLING, BUT THREE TOWERS DEFY TREND." Houston Chronicle. Sunday July 27, 2003. Business 1. Retrieved on November 11, 2009.
  2. 1 2 3 "Calpine Center opens in downtown Houston." Houston Business Journal. Monday November 10, 2003. Retrieved on November 11, 2009.
  3. ↑ "Contact." Calpine. Retrieved on November 11, 2009.
  4. ↑ Bivins, Ralph. "New towers won't touch `ego buildings' of past." Houston Chronicle. Sunday November 2, 2003. Business 8. Correction published on November 4, 2003. Retrieved on December 1, 2009.
  5. ↑ Sarnoff, Nancy. "Calpine to put portion of downtown skyscraper on sublease market." Houston Business Journal. Friday February 7, 2003. Retrieved on November 11, 2009.
  6. ↑ Sarnoff, Nancy. "New lease hikes Calpine Center occupancy." Houston Business Journal. Wednesday March 3, 2004. Retrieved on November 10, 2009.

External links

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