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The Fulbright Tower is a 52-story office skyscraper originally known as 3 Houston Center. [1] A part of the downtown Houston Center complex, Texas, United States, the tower has 1,247,061 square feet (115,855.8 m 2) of Class A office space. [2] The bottom seven levels were designed for four trading floors for commodities like electricity and ...
In 2001, when Enron collapsed, it vacated 800,000 square feet (74,000 m 2) of space in the Allen Center and Cullen Center complexes in Downtown Houston. [ 15 ] In 2008, Continental signed five-year lease renewals for its Downtown Houston office space.
The department store chain had a 99-year lease agreement with Rice University since 1945, and RMC bought the company out of the lease in 2017. [6] RMC led the expansion and renovation of the store, which closed in 2018. [8] SHoP Architects, Gensler, James Carpenter Design Associates, and Walter P Moore designed the new structure. [8] [30] [31]
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Downtown Houston was on the threshold of a boom in 1970 with 8.7 million square feet (870,000 m 2) of office space planned or under construction and huge projects being launched by real estate developers. [19] One Shell Plaza. The largest proposed development was Houston Center, originally planned to encompass a 32-block area.
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The Downtown Houston business occupancy rate of all office space increased from 75.8% at the end of 1987 to 77.2% at the end of 1988. [20] By the late 1980s, 35% of Downtown Houston's land area consisted of surface parking. [18] In the early 1990s Downtown Houston still had more than 20% vacant office space. [21]
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