If you think that there are a lot of construction cranes on the skyline lately, you are not mistaken. In 2106, there will be 10 new Houston office buildings coming online. And, many of these will involve significant square footage. Next year, two more addresses will join the office space ranks.

  • Houston will see 12 new office buildings by the end of 2017.
  • Four of the properties have yet to sign tenants.
  • Several of the buildings will be new headquarters for Houston-based companies.

If you think that there are a lot of construction cranes on the skyline lately, you are not mistaken. In 2106, there will be 10 new Houston office buildings coming online. And, many of these will involve significant square footage.

Next year, two more addresses will join the office space ranks. These properties are well distributed around Houston.

The majority of the building have signed tenants. Only four have not signed any. The biggest buildings will be located in Generation Park, Westchase and the Central Business District.

Resplendent with plenty of glass, striking architecture and smart features, here are the top dozen projects to watch:

  • 609 Main, which broke ground at the tail end of 2013, will be delivered in the fourth quarter this year. Houston-based Hines is constructing the  1.05-million-square-foot office tower. The building is 7 percent leased.
  • Houston-based Hilcorp Energy Cos.’s 500,000-square-foot tower at 1111 Travis Street is expected to deliver this quarter. It’s 24 stories will house the company’s new headquarters.
  • Millennium II, a 22-story, 417,000-square-foot tower, is rising on three acres at 10353 Richmond. It is adjacent to the existing Millennium Tower. The new address opens fully leased, with National Oilwell Varco Inc. the sole tenant.
  • Skanska USA Commercial Development is developing West Memorial Place II, which will have 380,000 square feet of space. Currently 49 percent leased, it comes on line in the second quarter.
  • Another Houston headquartered company, Amegy Bank NA, is eagerly awaiting its four acre, 350,000-square-feet headquarters. It’s under construction at 1717 W. Loop South. It will be a 2017 entry into the market, and is already about three-quarters leased.
  • Three partners are developing Regions Financial Center in Greenway Plaza: Houston-based TRC Capital Partners, Houston-based Hansen Partners and Barbour Investments. The anchor tenant will be Regions Bank, and the 180,00 property is roughly 40 percent leased.

Empty spaces

  • An empty building will be completed in the second quarter of this year by Trammell Crow Co. Energy Center Five, will be 524,328-square-feet  when completed by the Dallas-based company, which first put shovels into the ground in 2014.
  • The Woodlands-based J. Beard Real Estate Co.will see delivery of its Havenwood Office Park. But, to date, it will see no tenants, with 240,000 square feet in waiting.
  • The Woodlands will also be home to Wildwood Corporate II. The Houston-based developer, Archway Properties, will deliver the currently unleased building in the third quarter of this year. The property will finish at  201,933 square feet.
  • New Yorkers have come into town to develop the Kirby Collection. Thor Equities is developing the upscale mixed-use project. The project is the most ambitious of the lot, with a total of  1-million-square-foot planned, including a 13 stories of  Class A office space, two levels of retail and a 25-story residential tower. It’s to come on line in the fall of 2017.

Email Kimberley Sirk.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
The best of real estate is gathering in Las Vegas NEXT month! Grab your ticket before prices go up on October 1.Register Now×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription