kjb434 Posted July 21, 2005 Share Posted July 21, 2005 I'm not worried at all. The moving game with companies within downtown happens for various reasons.Chevron will only add more employees than get rid of. I know at least 10 people back in Louisiana that work for Chevron. The company will slowly move all employees from Louisiana to Houston. And not just Houston but downtown Houston. I can see them filling both of hte Enron Towers. Quote Link to comment Share on other sites More sharing options...
Kirzania Posted July 21, 2005 Share Posted July 21, 2005 I don't understand why a net absorption of 400,000 sf of office space is a death knell to downtown. <{POST_SNAPBACK}>From the way the Chronicle talks about it, you'd think it was the end. I didn't realize they were moving into the Enron building. I would've researched it more, but I got busy and I just saw it in the headline this morning. Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted July 21, 2005 Share Posted July 21, 2005 That was one of two highly inaccurate and irresponsible headlines in the Chronicle JUST TODAY. I thought that paper was getting better, but it seems to be becoming more and more of a joke. and Nancy Sarnoff seems to have been infected a bit by the "all negative news all the time" malady of Ralph Bivins and much of the rest of the Chronicle.As others have noted, the second part of the headline: "loses biggest tenant" was NOT news. Quote Link to comment Share on other sites More sharing options...
MidtownCoog Posted July 21, 2005 Share Posted July 21, 2005 Nancy knows better.Maybe her "essay' had to be under 500 words? Quote Link to comment Share on other sites More sharing options...
kjb434 Posted July 21, 2005 Share Posted July 21, 2005 At least it was no lost of used space.This is a duplicate thread anyway. Moderator? Quote Link to comment Share on other sites More sharing options...
RedScare Posted July 21, 2005 Share Posted July 21, 2005 From the way the Chronicle talks about it, you'd think it was the end. I didn't realize they were moving into the Enron building. I would've researched it more, but I got busy and I just saw it in the headline this morning.<{POST_SNAPBACK}>I agree that the headline sounded gloomy. They apparently just assumed everyone knew about the previous move. Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted July 21, 2005 Share Posted July 21, 2005 Your ideas intrigue me and I wish to subscribe to your newsletter. When do you plan for the rennovations to begin, InnerLoop? <{POST_SNAPBACK}> Quote Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted July 21, 2005 Share Posted July 21, 2005 I thought it was common knowledge that ChevronTexaco wanted greater and more modern office space, which is why they decided to purchase 1100 Smith Street in the first place. Nothing about this is shocking. Heritage loses a tenant (A tenant, I stress) and DT sees an extra absorption of 400,000 square feet of space overall.If anything, that's an overall WIN for downtown.I suspect some people also missed the part about El Paso consolidating office space that it had in Greenway Plaza with space it already has in DT, meaning another win for DT office space absorption.LOL! The initial panic-first reaction entertains again!Breathe.Relax. Quote Link to comment Share on other sites More sharing options...
ToolMan Posted July 21, 2005 Share Posted July 21, 2005 The onlY thing that upset me about the article is "THE PARKING GARAGE" Quote Link to comment Share on other sites More sharing options...
Kirzania Posted July 21, 2005 Share Posted July 21, 2005 You'll be glad for that parking garage when you move into your newly-remodeled condo overlooking the Bayou. Quote Link to comment Share on other sites More sharing options...
Sunstar Posted July 21, 2005 Share Posted July 21, 2005 Does anyone know what's going to happen to the Chevron building downtown, their main location downtown before they bought 1500? Do they intend to hold on to that building or sell it off? Quote Link to comment Share on other sites More sharing options...
MidtownCoog Posted July 21, 2005 Share Posted July 21, 2005 I thought they sold it to one of the big law firms. Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted July 21, 2005 Share Posted July 21, 2005 Does it strike anyone as funny that the number of downtown skyscrapers remains the same, and yet... we keep adding new parking garages??? Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted July 21, 2005 Share Posted July 21, 2005 I just read this on the Chroncile. Houston is declining, declining. Damn, I'm really afraid now.<{POST_SNAPBACK}>You'd think we were sinking under the ocean or something. Quote Link to comment Share on other sites More sharing options...
MidtownCoog Posted July 21, 2005 Share Posted July 21, 2005 Parking garages are good as long as they replace an existing surfact lot with retail on the ground level. Quote Link to comment Share on other sites More sharing options...
Ashikaga Posted July 21, 2005 Share Posted July 21, 2005 Today's Houston Chronicle had an article about the 53-story Heritage Plaza building. It said that a company in Atlanta, Georgia is buying it. Is that good or bad? The article also said that 70 percent of the building is vacant.Chet Cuccia Quote Link to comment Share on other sites More sharing options...
InnerLoopOnly Posted July 21, 2005 Share Posted July 21, 2005 Discussion going on here.http://www.houstonarchitecture.info/haif/i...?showtopic=2876 Quote Link to comment Share on other sites More sharing options...
Subdude Posted July 21, 2005 Share Posted July 21, 2005 At least it was no lost of used space.This is a duplicate thread anyway. Moderator?The two threads have been merged. Quote Link to comment Share on other sites More sharing options...
Subdude Posted July 21, 2005 Share Posted July 21, 2005 Dupe. Locked. Quote Link to comment Share on other sites More sharing options...
Talbot Posted July 21, 2005 Share Posted July 21, 2005 While it sucks that the residential highrise won't go up, i would much rather have a parking garage be built than a parking lot. Quote Link to comment Share on other sites More sharing options...
InnerLoopOnly Posted July 21, 2005 Share Posted July 21, 2005 It's probably a smart idea for a new garage to go up. The new Chevron building does not have parking. Parking will probably get tight in that area of downtown. Quote Link to comment Share on other sites More sharing options...
YakuzaIce Posted July 22, 2005 Share Posted July 22, 2005 Come to think of it, Heritage Plaza could make for some great residential space. There is an on site garage and there are great views of Buffalo Bayou. <{POST_SNAPBACK}> So does anyone know the feasability of this? I was thinking the same thing that those would be some great views. Or perhaps the bottom half left office with the upper residential. Quote Link to comment Share on other sites More sharing options...
InnerLoopOnly Posted July 22, 2005 Share Posted July 22, 2005 I have no idea what a retrofit would cost, but I guess it would be costly. There would be new floorplans, new water, electrical, and sewage hook ups, and residential soundproofing. But hey, John Hancock in Chicago was built as the ultimate mixed use, so why not Heritage Plaza? Quote Link to comment Share on other sites More sharing options...
kjb434 Posted July 22, 2005 Share Posted July 22, 2005 New condo units would require special fire proofing and soundwalls be installed between them. This would be some the costs that are incured.A lot of utility work for plumbing too. To me, I think leaving it as office space would be good. Besides, we have lots of older historical office buildings that can become residential without using the more modern office buildings. Quote Link to comment Share on other sites More sharing options...
MidtownCoog Posted July 22, 2005 Share Posted July 22, 2005 The critical mass of downtown housing should be along Fannin and Main.We need something we can grow around. Downtown is close, we just need to stay focused. Quote Link to comment Share on other sites More sharing options...
texasdago Posted July 22, 2005 Share Posted July 22, 2005 How can someone be in the energy industry and not know about ChevronTexaco's move from their old bldg to Enron II? Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted July 22, 2005 Share Posted July 22, 2005 It's probably a smart idea for a new garage to go up. Quote Link to comment Share on other sites More sharing options...
Kirzania Posted July 22, 2005 Share Posted July 22, 2005 How can someone be in the energy industry and not know about ChevronTexaco's move from their old bldg to Enron II? <{POST_SNAPBACK}> I don't work for ChevronTexaco, for one, and there isn't an inter-energy-company network (I think we get in trouble for that ... something about Enron. ) that sends out such notices. The only way we hear about stuff like that is from "Friends who work there" and articles in the newspaper. I haven't been in too many companies, so ... Then again, the memo could be floating around on my desk somewhere. Quote Link to comment Share on other sites More sharing options...
MidtownCoog Posted July 22, 2005 Share Posted July 22, 2005 FERC is watching you! Me, too!FYI - The new Chevron building has a dedicated private parking garage.I parked there until they moved in. Nice big spaces for $6.00. Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted July 22, 2005 Share Posted July 22, 2005 Does anyone know what's going to happen to the Chevron building downtown, their main location downtown before they bought 1500? Do they intend to hold on to that building or sell it off?<{POST_SNAPBACK}>Chevron sold the "old" Chevron Building to Crescent, the owner of Houston Center. They have renamed it Fulbright Tower, in recognition of the primary tenant, the law firm of Fulbright and Jaworski. Quote Link to comment Share on other sites More sharing options...
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