Downtown Houston: Hines Skyscraper Nears Completion

In Houston, The 47-story Texas Tower, one of the tallest skyscrapers currently under construction in the United States, has been topped out.

The 1 million-SF downtown building, under development by Hines and partner Ivanhoé Cambridge, will open in the fourth quarter.

Hines, a global development firm, will be relocating its corporate headquarters into the Texas Tower, leaving the Williams Tower near the Galleria.

With a new workplace paradigm unfolding in the Covid-19 era, the building will be instructive for the real estate development industry in regards to social distancing, air quality and wellness in office environments. The Texas Tower “is being built to the highest standards that Hines has ever developed in Houston, including LEED Platinum, WiredScore and WELL Building Standards,” Hines said in a press release marking the topping out, a traditional event celebrating construction progress.

“We are thrilled to announce Texas Tower’s topping out milestone several weeks ahead of schedule as it coincides with the world beginning to look beyond COVID-19,” said Hines Senior Managing Director, John Mooz. “We are experiencing an uptick in leasing activity as office occupancy increases and retail establishments open their doors to more patrons. With occupant health and wellness at the forefront, Texas Tower remains well positioned to serve our tenants when we welcome them to this revolutionary, new office tower later this year.”