Wednesday, October 9, 2013

New BHP Billiton Tower in Uptown Houston Underway

Construction began this week on a new 30-story office tower in Houston's Uptown District that will add 600,000 square feet of Class AA office space in the Galleria submarket. The new BHP Billiton Tower is being developed by financial services firm TIAA-CREF and Transwestern, and is 100% preleased to BHP Billiton, a major global diversified resources company. The design architect on the project is Pickard Chilton Associates of New Haven, Connecticut, and the architect of record is Kendall Heaton Associates of Houston. The building is expected to be completed in October 2016.

"Transwestern is honored to be a part of the team assembled to make this project a reality," said Carleton Riser, Transwestern's managing director of development. "We believe it will have a long-term positive impact on BHP Billiton, the Four Oaks complex and the Uptown Houston skyline."

"The new tower, like the other buildings in Four Oaks Place, will incorporate the latest in green building practices," said Brad Simpkins, TIAA-CREF senior director, asset management. "BHP appreciated these sustainability initiatives, the building's downtown location and a building design focused on maximizing employee productivity and their investment."

The tower is being built on 2.72 acres on Post Oak Boulevard, within the Four Oaks Place office complex on a site that is adjacent to the BHP Billiton headquarters building currently located in the complex. According to a press release, the new BHP Billiton Tower and the existing headquarters at 1360 Post Oak Boulevard will be connected by a glass skybridge and employee productivity facilities including food service and fitness.

For more news and information visit Blumberg Capital Partners.

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