About Allen Center
Allen Center is a skyscraper complex in Downtown Houston, Texas, United States. It consists of three buildings, One Allen Center (500 Dallas Street), Two Allen Center (1200 Smith Street), and Three Allen Center (333 Clay Street). The complex has about 3,000,000 square feet (280,000 m) of space. The area that became the Allen Center was originally considered to be an eastern portion of the Fourth Ward. The opening of Interstate 45 in the 1950s separated the eastern portion from the rest of the Fourth Ward; that portion became the Allen Center and is now considered to be a part of Downtown Houston. In 1996 TrizecHahn Properties acquired the Allen Center. Trizec defeated 16 other real estate companies so it could purchase the center for an amount reported by Tanya Rutledge of the Houston Business Journal as $270 million. When Trizec acquired the Allen Center in November 1996, the complex had a 76 percent occupancy rate. By 1997 Trizec had convinced several tenants from the Cullen Center, also owned by Trizec, to the Allen Center.