{"id":30290,"date":"2025-11-01T01:21:15","date_gmt":"2025-11-01T01:21:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/30290\/"},"modified":"2025-11-01T01:21:15","modified_gmt":"2025-11-01T01:21:15","slug":"50m-office-tower-reno-adds-to-downtowns-pedestrianization","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/30290\/","title":{"rendered":"$50M Office Tower Reno Adds To Downtown&#8217;s Pedestrianization"},"content":{"rendered":"<p dir=\"ltr\">Yearslong <a href=\"https:\/\/www.bisnow.com\/houston\/news\/commercial-real-estate\/to-survive-downtown-houston-must-continue-its-diversification-journey-116942\" target=\"_blank\" rel=\"nofollow noopener\">efforts to diversify Downtown Houston<\/a>\u00a0to offer more than just employment are coming to fruition, driven\u00a0by a slate of pedestrian- and community-focused projects.<\/p>\n<p dir=\"ltr\">Those include the <a href=\"https:\/\/www.bisnow.com\/houston\/news\/construction-development\/george-r-brown-expansion-calls-for-new-800-room-hotel-downtown-houston-first-130735\" target=\"_blank\" rel=\"nofollow noopener\">$2B renovation and expansion<\/a> of the <a class=\"tag tag-108227\" href=\"https:\/\/www.bisnow.com\/tags\/george-r.-brown-convention-center\" target=\"_blank\" data-tag-id=\"108227\" rel=\"nofollow noopener\">George R. Brown Convention Center<\/a>, a <a href=\"https:\/\/www.bisnow.com\/houston\/news\/commercial-real-estate\/7-blocks-of-downtown-houston-are-going-car-free-for-good-124074\" target=\"_blank\" rel=\"nofollow noopener\">pedestrian-only Main Street Promenade<\/a>\u00a0and\u00a0the conversion of the <a href=\"https:\/\/realtynewsreport.com\/historic-hotel-redo-joins-the-transformation-train-on-main\/\" target=\"_blank\" rel=\"nofollow noopener\">historic Scanlan Building<\/a>.<\/p>\n<p dir=\"ltr\">Now add to the mix a major repositioning of the former One Shell Plaza, announced this week.<\/p>\n<p>                        <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2025\/10\/placeholder.png\" loading=\"lazy\" alt=\"Placeholder\"\/><\/p>\n<p>\n      Courtesy of HOK\n    <\/p>\n<p>\n      A rendering of renovations at 910 Louisiana\n    <\/p>\n<p dir=\"ltr\"><a class=\"tag tag-272\" href=\"https:\/\/www.bisnow.com\/tags\/hines\" target=\"_blank\" data-tag-id=\"272\" rel=\"nofollow noopener\">Hines<\/a> and <a class=\"tag tag-180268\" href=\"https:\/\/www.bisnow.com\/tags\/partners-real-estate\" target=\"_blank\" data-tag-id=\"180268\" rel=\"nofollow noopener\">Partners Real Estate<\/a> announced the 50-story office building at 910 Louisiana St., owned by Busycon Properties, will be renovated to replace stretches of stone with expanses of glass at ground level, adding natural light for future restaurant and retail tenants. The project\u00a0will also replace travertine plazas with gardens.\u00a0<\/p>\n<p dir=\"ltr\">The renovation announcement comes as <a class=\"tag tag-115713\" href=\"https:\/\/www.bisnow.com\/tags\/nrg\" target=\"_blank\" data-tag-id=\"115713\" rel=\"nofollow noopener\">NRG<\/a>, which subleased 431K SF of Shell\u2019s 800K SF, <a href=\"https:\/\/www.bisnow.com\/houston\/news\/office\/nrg-energy-is-latest-houston-firm-to-downsize-as-it-signs-new-hq-lease-120932\" target=\"_blank\" rel=\"nofollow noopener\">plans to move out<\/a>\u00a0when Shell\u2019s lease expires in December. The building\u2019s occupancy will drop from about 86% to 35% in January, <a href=\"https:\/\/www.houstonchronicle.com\/business\/real-estate\/article\/one-shell-plaza-910-louisiana-renovation-houston-21124812.php\" target=\"_blank\" rel=\"nofollow noopener\">the Houston Chronicle reported<\/a>.<\/p>\n<p dir=\"ltr\">The $50M project aims to make the building an inviting, pedestrian-friendly gathering space along Smith and Louisiana streets. Completion is expected in 2027.\u00a0<\/p>\n<p dir=\"ltr\">These projects and other initiatives create a more welcoming Downtown for residents and visitors, like those coming to attend the <a class=\"tag tag-146505\" href=\"https:\/\/www.bisnow.com\/tags\/2026-fifa-world-cup\" target=\"_blank\" data-tag-id=\"146505\" rel=\"nofollow noopener\">2026 FIFA World Cup<\/a>, <a class=\"tag tag-1996\" href=\"https:\/\/www.bisnow.com\/tags\/downtown-houston\" target=\"_blank\" data-tag-id=\"1996\" rel=\"nofollow noopener\">Downtown Houston<\/a>+ CEO <a class=\"tag tag-119640\" href=\"https:\/\/www.bisnow.com\/tags\/kristopher-larson\" target=\"_blank\" data-tag-id=\"119640\" rel=\"nofollow noopener\">Kristopher Larson<\/a> said at the State of Downtown event at 713 Music Hall on Thursday.<\/p>\n<p dir=\"ltr\">\u201cWe\u2019ve been planning, we\u2019ve been building, we\u2019ve been adapting, getting our community ready to host the World Baseball Classic, the NCAA Sweet 16 and Elite Eight, and, of course, the 2026 FIFA Men&#8217;s World Cup in June and July,\u201d Larson said. \u201cWe&#8217;ve got some work still to do to make sure that our Downtown is ready.\u201d\u00a0<\/p>\n<p dir=\"ltr\">Other initiatives include the repaving of 86 street blocks, slated for completion before the World Cup, and creating housing for\u00a0Downtown\u2019s population of homeless people, Larson said. <a class=\"tag tag-108619\" href=\"https:\/\/www.bisnow.com\/tags\/houston-city-council\" target=\"_blank\" data-tag-id=\"108619\" rel=\"nofollow noopener\">Houston City Council<\/a> on Wednesday <a href=\"https:\/\/www.chron.com\/politics\/article\/houston-homeless-facility-21126567.php\" target=\"_blank\" rel=\"nofollow noopener\">approved plans for a $16M facility<\/a> in <a class=\"tag tag-115229\" href=\"https:\/\/www.bisnow.com\/tags\/east-downtown\" target=\"_blank\" data-tag-id=\"115229\" rel=\"nofollow noopener\">East Downtown<\/a> to provide temporary housing, mental healthcare and\u00a0addiction\u00a0treatment.<\/p>\n<p dir=\"ltr\">\u201cWe&#8217;ve been able to reduce the homeless population in Downtown already by 50%,\u201d Larson said. \u201cWe do that by first understanding who it is we are serving and what their needs are \u2026 and connect them with the resources that are going to help to transition them into a better place.\u201d\u00a0<\/p>\n<p dir=\"ltr\">Downtown Houston has already made strides in drawing people to the district. There are close to 40 million non-work-related visits Downtown each year, which is nearly double the number of total work trips that happen in a year, Larson said.<\/p>\n<p dir=\"ltr\">\u201cFor every employee that is coming to Downtown, we have two that are coming here for fun, recreation,\u201d he said. \u201cThey&#8217;re coming by choice because this is a place that they want to be.\u201d\u00a0<\/p>\n<p>                        <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2025\/10\/placeholder.png\" loading=\"lazy\" alt=\"Placeholder\"\/><\/p>\n<p>\n      Bisnow\/Maddy McCarty\n    <\/p>\n<p>\n      Downtown Houston+ CEO Kristopher Larson speaks at the State of Downtown event at 713 Music Hall on Thursday.\n    <\/p>\n<p dir=\"ltr\">More people are also living Downtown. There have been about 520 apartment units delivered annually since 2015, Larson said. There were 8,222 residential units Downtown\u00a0<a href=\"https:\/\/issuu.com\/downtownhouston\/docs\/downtown_quarterly_market_report_q2_2025?fr=xKAE9_zMzMw\" target=\"_blank\" rel=\"nofollow noopener\">in the second quarter<\/a>, when residential vacancy also hit a six-year low. That is up from 7,230 residential units <a href=\"https:\/\/www.bisnow.com\/houston\/news\/commercial-real-estate\/to-survive-downtown-houston-must-continue-its-diversification-journey-116942\" target=\"_blank\" rel=\"nofollow noopener\">in late 2022<\/a>.<\/p>\n<p dir=\"ltr\">Downtown Houston\u2019s office market is recovering, too, with 2.1M SF leased over the past year and return-to-office rates nearing 80% of prepandemic levels, Larson said.\u00a0<\/p>\n<p dir=\"ltr\">The team behind 910 Louisiana is hoping the\u00a0renovation will snag it a bigger piece of that activity.<\/p>\n<p dir=\"ltr\">Subtenants totaling\u00a0more than 107K SF have executed new direct leases to remain in the building, said <a class=\"tag tag-40103\" href=\"https:\/\/www.bisnow.com\/tags\/win-haggard\" target=\"_blank\" data-tag-id=\"40103\" rel=\"nofollow noopener\">Win Haggard<\/a>, who leases the property\u00a0along with fellow Partners Real Estate partner <a class=\"tag tag-3964\" href=\"https:\/\/www.bisnow.com\/tags\/chip-colvill\" target=\"_blank\" data-tag-id=\"3964\" rel=\"nofollow noopener\">Chip Colvill<\/a>. Law firm <a class=\"tag tag-48580\" href=\"https:\/\/www.bisnow.com\/tags\/baker-botts\" target=\"_blank\" data-tag-id=\"48580\" rel=\"nofollow noopener\">Baker Botts<\/a> in 2022 <a href=\"https:\/\/www.bisnow.com\/houston\/news\/office\/another-large-downtown-office-lease-continues-momentum-class-a-spaces-114243\" target=\"_blank\" rel=\"nofollow noopener\">extended its 175K SF lease<\/a> in the building, where it has been for more than five decades.\u00a0<\/p>\n<p dir=\"ltr\">\u201cThese renovations are well timed as the market for large block alternatives like the space available at 910 Louisiana remains tight throughout the city,\u201d Colvill said in a press\u00a0release. \u201cThis building now represents an excellent leasing opportunity for a large anchor tenant that may be seeking naming rights.\u201d\u00a0\u00a0<\/p>\n<p dir=\"ltr\">Hines developed the 1.2M SF building and remains its property manager. <a class=\"tag tag-3248\" href=\"https:\/\/www.bisnow.com\/tags\/hok\" target=\"_blank\" data-tag-id=\"3248\" rel=\"nofollow noopener\">HOK<\/a> is designing the renovations, which will add a 9K SF conference center, a fitness and wellness center, and a 5K SF tenant lounge with an outdoor terrace. Gallant Commercial is the general contractor.\u00a0\u00a0<\/p>\n<p dir=\"ltr\">CORRECTION, OCT. 31, 10:12 A.M. CT: A previous version of this article and headline included an incorrect value of the 910 Louisiana renovation project. The story has been updated.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Yearslong efforts to diversify Downtown Houston\u00a0to offer more than just employment are coming to fruition, driven\u00a0by a slate&hellip;\n","protected":false},"author":2,"featured_media":30291,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[20313,20315,20309,4904,20307,20308,56,58,57,20312,20314,20311,13228,20310],"class_list":["post-30290","post","type-post","status-publish","format-standard","has-post-thumbnail","category-houston","tag-2026-fifa-world-cup","tag-910-louisiana","tag-chip-colvill","tag-downtown-houston","tag-hines","tag-hok","tag-houston","tag-houston-headlines","tag-houston-news","tag-kris-larson","tag-kristopher-larson","tag-one-shell-plaza","tag-partners-real-estate","tag-win-haggard"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/30290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=30290"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/30290\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/30291"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=30290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=30290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=30290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}