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1400 Smith Street

Skyscraper in Houston, Texas


Skyscraper in Houston, Texas

FieldValue
name1400 Smith Street
image1400SmithDowntown.jpg
image_size200px
location1400 Smith Street
Houston, Texas
United States
coordinates
statuscompleted
completion_date
roof691 ft
floor_count50
floor_area1266714 ft2
architectPelli Clarke Pelli (design); Kendall/Heaton Associates (AoR)
structural_engineerCBM Engineers
main_contractorClark Construction
ownerChevron Corporation

NOTOC Houston, Texas United States 1400 Smith Street (formerly Enron Complex) is a 691 ft tall skyscraper located in downtown Houston, Texas, United States. The building has 50 floors and is the 11th tallest building in the city. Designed by architectural firm Lloyd Jones Brewer and Associates, the building was completed in 1983.{{Cite web |archive-url = https://web.archive.org/web/20080614070036/http://www.brookfieldproperties.com/building/detail.cfm?BID=264 |archive-date = 2008-06-14 |url-status = dead

The building was the former headquarters of Enron, one of America's largest commodities trading companies during the 1990s and later infamous for its financial scandal in 2001. 1400 Smith Street was originally known as Four Allen Center prior to Enron relocating to Houston in 1985. Before Enron's collapse, the energy giant constructed a second, similar building across the street, connected to 1400 Smith Street by a circular skywalk.

In 2006, Brookfield Properties acquired the 1200000 ft2 Four Allen Center for $120 million. At the same time, Brookfield announced that Chevron USA signed a lease for the entire building. Brookfield held 4 Allen Center in a joint partnership with the private equity group The Blackstone Group. As of 2006, the joint venture has 7400000 ft2 of office space in Downtown Houston, making it the largest office owner in the central business district.

Beginning in 2006, Chevron leased the entirety of the building. Earlier in 2011 Brookfield Properties, the owner of the building, searched for a prospective buyer. In June 2011, Chevron bought the building from Brookfield for $340 million. Brookfield confirmed the purchase on June 24, 2011. If Chevron had not fully occupied the building, Brookfield would have put the building on the market, and Holliday Fowler Fenoglio LP would have had the listing.

Notes

References

References

  1. "FOUR ALLEN | ENERGY STAR".
  2. "About Brookfield & 1400 Smith Street".
  3. "1400 Smith, Houston, TX - Skyscrapers on Waymarking.com".
  4. "[http://goliath.ecnext.com/coms2/gi_0199-5937555/Brookfield-Properties-Acquires-Four-Allen.html Brookfield Properties Acquires Four Allen Center in Downtown Houston and Leases Entire Building to Chevron.]" ''[[Business Wire]]''. October 5, 2006. Retrieved on October 1, 2010.
  5. Dawson, Jennifer. "[http://www.bizjournals.com/houston/news/2011/06/24/chevron-finalizes-downtown-office.html Chevron finalizes downtown Houston office tower purchase]." ''[[Houston Business Journal]]''. June 24, 2011. Retrieved on August 3, 2011.
  6. (May 6, 2011). "Downtown Houston real estate lures buyers". [[Houston Business Journal]].
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