Total Plaza
Encyclopedia
Total Plaza is a tower in Downtown Houston
, Texas
, one block away from the Allen Center
complex. The building, managed by Brookfield Properties
, opened in 1971. The 35 story building, designed by the architect Lloyd, Morgan & Jones, was renovated in 1981 and 1996, and features a mirror-finished reflective glass on its exterior. Each floor has about 24000 sq ft (2,229.7 m²), with a total of 847200 sq ft (78,707.5 m²). The building is named after its major tenant, Total Petrochemicals USA
, a subsidiary of Total S.A.
. The complex was formerly the headquarters of the Metropolitan Transit Authority of Harris County (METRO).
. In 1975 Mercure Co. N.Y., a Dutch company, bought the Entex Building for . The plaza, which had Class B space, was sold in 1984.
In 1994 the main offices of the University of Houston System
were in the Entex Building. In 1996, after a renovation, the building was renamed from the Entex Building to the Louisiana Place. During that year brokers Jay Bonano and Jesse Amundsen left Koll Real Estate to start their own company. The leasing contract for Total Plaza was taken with Bonano and Amundsen.
Previously the Metropolitan Transit Authority of Harris County, Texas
(METRO) headquarters were in the Louisiana Place. The agency occupied 10 floors in the building and did not receive any federal funds to cover the US$3.8 million annual rent. The METRO Board Room was located on the 16th floor. By 2002 the agency announced that it was moving into a new administration building, scheduled for completion in 2004, owned by the agency. METRO's lease of 193000 sq ft (17,930.3 m²) expired in April 2005.
In early 2005 Total Petrochemicals USA
, a subsidiary of Total S.A.
, signed a lease to occupy space in the Louisiana Place. In late 2005 Total Petrochemicals USA moved hundreds of employees into the building. The building's name changed to the Total Plaza. The company signed a 15 year lease for 150000 sq ft (13,935.5 m²) and had scheduled to relocate 250 employees by November 2005. It had an option for an additional 75000 sq ft (6,967.7 m²). The space that Total Petrochemicals USA moved into was previously occupied by METRO, which planned to move into a new administration building in January 2005. In addition Total Holding U.S., a 20 person office representing Total S.A.'s North American holdings, was scheduled to move to Downtown Houston. Before METRO moved out, the building had a 96 percent occupancy rate. After METRO left and after Total moved in, the occupancy rate was 86 percent.
In 2006 the building was 88 percent occupied. During that year Hilcorp Energy Company signed a lease to stay in the building and increase its space. Hilcorp previously leased around 72000 sq ft (6,689 m²) on three floors. After it re-signed its lease, it will take an additional floor. In 2007 Coast Range Investments, a privately held company in San Francisco, sold the Total Plaza to Brookfield Properties
, previously known in Houston as Trizec Properties, for an undisclosed amount. During that year the building was 88 percent occupied. During that year, aside from Total S.A.
, its tenants included Hilcorp Energy, PricewaterhouseCoopers
, and Reliant Energy
Retail Services.
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...
, 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...
, one block away from the Allen Center
Allen Center
The Allen Center is a skyscraper complex in Downtown Houston, Texas, United States. It consists of three buildings, One Allen Center , Two Allen Center , and Three Allen Center...
complex. The building, managed by 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...
, opened in 1971. The 35 story building, designed by the architect Lloyd, Morgan & Jones, was renovated in 1981 and 1996, and features a mirror-finished reflective glass on its exterior. Each floor has about 24000 sq ft (2,229.7 m²), with a total of 847200 sq ft (78,707.5 m²). The building is named after its major tenant, Total Petrochemicals USA
Total Petrochemicals USA
Total Petrochemicals USA, Inc. is a subsidiary of Total S.A. It engages in the production and marketing of petrochemical products. Its headquarters is the Total Plaza in Downtown Houston, Texas.-History:...
, a subsidiary of Total S.A.
Total S.A.
Total S.A. is a French multinational oil company and one of the six "Supermajor" oil companies in the world.Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and...
. The complex was formerly the headquarters of the Metropolitan Transit Authority of Harris County (METRO).
History
The building, located at 1201 Louisiana, opened in 1971. The building was the headquarters of EntexCenterPoint Energy
CenterPoint Energy is a Fortune 500 electric and natural gas utility serving several markets in the U.S. states of Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. It was formerly known as Reliant Energy , NorAm Energy, Houston Industries, and HL&P...
. In 1975 Mercure Co. N.Y., a Dutch company, bought the Entex Building for . The plaza, which had Class B space, was sold in 1984.
In 1994 the main offices of the University of Houston System
University of Houston System
The University of Houston System is a state university system in Texas, encompassing four separate and distinct universities. It has two system centers, which operate as and distance learning course delivery sites for its universities...
were in the Entex Building. In 1996, after a renovation, the building was renamed from the Entex Building to the Louisiana Place. During that year brokers Jay Bonano and Jesse Amundsen left Koll Real Estate to start their own company. The leasing contract for Total Plaza was taken with Bonano and Amundsen.
Previously the Metropolitan Transit Authority of Harris County, Texas
Metropolitan Transit Authority of Harris County, Texas
The Metropolitan Transit Authority of Harris County is a major public transportation agency based in Houston . It operates bus, light rail, future commuter rail, and paratransit service in the city as well as most of Harris County...
(METRO) headquarters were in the Louisiana Place. The agency occupied 10 floors in the building and did not receive any federal funds to cover the US$3.8 million annual rent. The METRO Board Room was located on the 16th floor. By 2002 the agency announced that it was moving into a new administration building, scheduled for completion in 2004, owned by the agency. METRO's lease of 193000 sq ft (17,930.3 m²) expired in April 2005.
In early 2005 Total Petrochemicals USA
Total Petrochemicals USA
Total Petrochemicals USA, Inc. is a subsidiary of Total S.A. It engages in the production and marketing of petrochemical products. Its headquarters is the Total Plaza in Downtown Houston, Texas.-History:...
, a subsidiary of Total S.A.
Total S.A.
Total S.A. is a French multinational oil company and one of the six "Supermajor" oil companies in the world.Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and...
, signed a lease to occupy space in the Louisiana Place. In late 2005 Total Petrochemicals USA moved hundreds of employees into the building. The building's name changed to the Total Plaza. The company signed a 15 year lease for 150000 sq ft (13,935.5 m²) and had scheduled to relocate 250 employees by November 2005. It had an option for an additional 75000 sq ft (6,967.7 m²). The space that Total Petrochemicals USA moved into was previously occupied by METRO, which planned to move into a new administration building in January 2005. In addition Total Holding U.S., a 20 person office representing Total S.A.'s North American holdings, was scheduled to move to Downtown Houston. Before METRO moved out, the building had a 96 percent occupancy rate. After METRO left and after Total moved in, the occupancy rate was 86 percent.
In 2006 the building was 88 percent occupied. During that year Hilcorp Energy Company signed a lease to stay in the building and increase its space. Hilcorp previously leased around 72000 sq ft (6,689 m²) on three floors. After it re-signed its lease, it will take an additional floor. In 2007 Coast Range Investments, a privately held company in San Francisco, sold the Total Plaza to 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...
, previously known in Houston as Trizec Properties, for an undisclosed amount. During that year the building was 88 percent occupied. During that year, aside from Total S.A.
Total S.A.
Total S.A. is a French multinational oil company and one of the six "Supermajor" oil companies in the world.Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and...
, its tenants included Hilcorp Energy, PricewaterhouseCoopers
PricewaterhouseCoopers
PricewaterhouseCoopers is a global professional services firm headquartered in London, United Kingdom. It is the world's largest professional services firm measured by revenues and one of the "Big Four" accountancy firms....
, and Reliant Energy
Reliant Energy
RRI Energy, Inc. , based in Houston, Texas, United States, was an energy company that provided electricity to wholesale customers in the United States. The company was one of the largest independent power producers in the nation with more than 14,000 megawatts of power generation capacity across...
Retail Services.
External links
- Total Plaza - Brookfield PropertiesBrookfield PropertiesBrookfield 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...
- Total Plaza at Glass Steel and Stone