KBR Tower
Encyclopedia
KBR Tower is a 550 ft (167.6m) tall skyscraper in Downtown
Houston, Texas
, United States
; it is a part of the Cullen Center
complex. The KBR Tower has the headquarters of KBR.
The 40 story building has about 1047748 square foot of rentable office space. The design architect was Neuhaus & Taylor, the general contractor was Linbeck Construction Company, the mechanical engineer was Sam P. Wallace, and the structural engineer was Ellisor Engineering, Inc. The building was completed in 1973.
, which had been renamed to the Dresser Tower. The building swap satisfied Kellogg's need for more space.
In 1998 Exxon
announced that it was forming a new subsidiary, Exxon Upstream Development Co. The company planned to initially house the company in the Kellogg Tower before moving it to the Greenspoint business district.
By 2001 Halliburton
owned the tower in a joint venture with Trizec Hahn.
In August of that year Halliburton announced that it would consolidate 8,000 local employees to office space in Westchase. Halliburton planned to vacate about 650000 square foot of Class B office space in the Kellogg Tower. In December 2001 Halliburton canceled its plans to relocate employees to Westchase. Nancy Sarnoff of the Houston Business Journal said that it made more sense for the company to lease existing space instead of constructing new office space in times of economic downturns.
In 2004 Jeanneret & Associates renewed its lease of 9806 square foot space in the KBR Tower for 10 years.
In 2009 at the KBR Tower Brookfield Properties
began offering office suites from 1200 square foot to 2000 square foot to small businesses and laid off individuals seeking to start their own businesses.
In 2010 KBR signed a 20 year lease for 1200000 square foot at the KBR Tower and 500 Jefferson. In 2011 Brookfield Properties Corp. offered a 50% interest in the KBR Tower for sale. Paul Layne, Brookfield's Houston area executive vice president, said that the KBR lease made the building a major candidate for the sale of its interest. KBR owns the other 50% interest. Layne did not state whether KBR had the right of first refusal on Brookfield's interest. Layne said that confidentiality concerns were why he did not reveal the information.
Downtown Houston
Downtown Houston is the largest business district of Houston, Texas, United States. Downtown Houston, the city's central business district, contains the headquarters of many prominent companies. There is an extensive network of pedestrian tunnels and skywalks connecting the buildings of the district...
Houston, Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
; it is a part of the Cullen Center
Cullen Center
Cullen Center is a skyscraper complex in Downtown Houston, Texas, United States. The complex is managed by Brookfield Properties. Trizec Properties owns all four office buildings...
complex. The KBR Tower has the headquarters of KBR.
The 40 story building has about 1047748 square foot of rentable office space. The design architect was Neuhaus & Taylor, the general contractor was Linbeck Construction Company, the mechanical engineer was Sam P. Wallace, and the structural engineer was Ellisor Engineering, Inc. The building was completed in 1973.
History
By 1991 Dresser Industries and its subsidiary, M. W. Kellogg, switched office buildings. Kellogg took over 400000 square foot of space on 16 floors of the Houston skyscraper formerly occupied by its parent firm. The skyscraper was renamed the M. W. Kellogg Tower. In exchange Dresser took over space at 3 Greenway PlazaGreenway Plaza
Greenway Plaza is a master-planned mixed-use development off U.S. Highway 59 in Houston, Texas, United States, five miles west of Downtown Houston and three miles east of Uptown Houston. Greenway Plaza is Houston's first totally planned business-commercial-residential complex developed by the...
, which had been renamed to the Dresser Tower. The building swap satisfied Kellogg's need for more space.
In 1998 Exxon
Exxon
Exxon is a chain of gas stations as well as a brand of motor fuel and related products by ExxonMobil. From 1972 to 1999, Exxon was the corporate name of the company previously known as Standard Oil Company of New Jersey or Jersey Standard....
announced that it was forming a new subsidiary, Exxon Upstream Development Co. The company planned to initially house the company in the Kellogg Tower before moving it to the Greenspoint business district.
By 2001 Halliburton
Halliburton
Halliburton is the world's second largest oilfield services corporation with operations in more than 70 countries. It has hundreds of subsidiaries, affiliates, branches, brands and divisions worldwide and employs over 50,000 people....
owned the tower in a joint venture with Trizec Hahn.
In August of that year Halliburton announced that it would consolidate 8,000 local employees to office space in Westchase. Halliburton planned to vacate about 650000 square foot of Class B office space in the Kellogg Tower. In December 2001 Halliburton canceled its plans to relocate employees to Westchase. Nancy Sarnoff of the Houston Business Journal said that it made more sense for the company to lease existing space instead of constructing new office space in times of economic downturns.
In 2004 Jeanneret & Associates renewed its lease of 9806 square foot space in the KBR Tower for 10 years.
In 2009 at the KBR Tower Brookfield Properties
Brookfield Properties
Brookfield Office Properties Inc. is a North American commercial real estate company. Brookfield Asset Management owns fifty percent of its outstanding common shares. The company has its headquarters operations in New York City and Toronto...
began offering office suites from 1200 square foot to 2000 square foot to small businesses and laid off individuals seeking to start their own businesses.
In 2010 KBR signed a 20 year lease for 1200000 square foot at the KBR Tower and 500 Jefferson. In 2011 Brookfield Properties Corp. offered a 50% interest in the KBR Tower for sale. Paul Layne, Brookfield's Houston area executive vice president, said that the KBR lease made the building a major candidate for the sale of its interest. KBR owns the other 50% interest. Layne did not state whether KBR had the right of first refusal on Brookfield's interest. Layne said that confidentiality concerns were why he did not reveal the information.