Texas

The former Exxon skyscraper in Houston, built in 1962, will become a residential complex.

An empty 45-story skyscraper located in downtown Houston will soon be converted into a residential building. One of Houston’s tallest buildings, the 1.2 million-square-foot tower located at 800 Bell Street previously served as the headquarters of ExxonMobil and Humble Oil, but has been empty for almost eight years. However, according to a recent Realty News Report article, a New York-based investment group with CMI Developers affiliation and experience in home remodeling plans to change that.

The conversion of a major commercial building to residential also signals the potential opening of new retail stores and restaurants on the building’s lower floors along Milam Street and Travis Street, bringing new life to downtown. The report said the building’s nearby garage was also part of the deal.

For more than half a century, this building has graced the Houston cityscape. Designed by Welton Becket and Associates, the 606-foot skyscraper was completed in 1963 and at the time was considered the tallest building west of the Mississippi River. That is, until shortly after the opening in Dallas, the Elm Place skyscraper was built. Currently, the JPMorgan Chase Tower on Travis Street, completed in 1982, is the tallest building in Houston and the tallest building in Texas (currently) at 1,002 feet.

One of Houston’s most recognizable buildings is known for its distinctive long horizontal sun visor fins. Since opening, the skyscraper has had many owners, initially under the name Humble Oil. Over the years, the company was transformed into ExxonMobil, and at one point the building’s top two floors housed the Oil Club. Exxon moved in 2015 after building a new campus in Spring, Texas.

California-based Shorenstein Properties bought the historic downtown skyscraper in 2013 and announced plans for a major redevelopment, at one point considering a proposal to relocate the city’s court system and Houston Police Department into the building, but the plan was never realized due to the high cost. concern. In the wake of the COVID-19 pandemic, downtown office vacancies continued to remain and Shorenstein’s renovation plans remained in place. Shorenstein sold the property in late 2022 for an undisclosed amount, according to Realty News. At the time of this writing, it is unclear when the conversion of the apartment will begin.



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