Attributed to wikipedia user WhisperToMe
Attributed to wikipedia user WhisperToMe
| Height | 579 feet |
|---|---|
| Floors | 40 |
| Year | 1974 |
About Houston Center
Houston Center is a retail and office complex in Downtown Houston, Texas, United States. It is owned and operated by subsidiaries of Crescent Real Estate Equities Co. (NYSE: CEI). The three towers in Houston Center have almost 3.4 million square feet of Class A office space. The buildings in Houston Center include: Texas Eastern Corporation bought 32 blocks of land in Downtown Houston for $50 million; many of the blocks included slums. Texas Eastern razed the existing buildings and proposed building Houston Center, a large office space development. Texas Eastern planned to build elevated walkways, people movers, and underground garages. Houston Center was one of the largest private development projects ever. Panhandle Eastern Corporation acquired Houston Center when Texas Eastern was sold to Panhandle for $2.5 billion in stock in June 1989. Later that year Panhandle sold Houston Center to JMB Realty for $400 million; Panhandle planned to use the money from the sale to reduce its debt, which it accumulated from the merger.