TotalEnergies Tower

History

The building, located at 1201 Louisiana, opened in 1971. The building was the headquarters of Entex. 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 sqft 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 sqft and had scheduled to relocate 250 employees by November 2005. It had an option for an additional 75000 sqft. 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 sqft 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 and Reliant Energy Retail Services.

Tenants

The Petroleum Club of Houston occupies the building's 35th floor. The club was forced to move from the ExxonMobil Building due to the building's impending sale and renovation. The club's ExxonMobil space was scheduled to close after January 10, 2015, and its new quarters in the Total Plaza were scheduled to open two weeks later. The club space at the Total Plaza has an energy industry theme as it uses gold, bronze, and metallic colors. Younger club members had requested a bar, so the new club has a bar with the view of the skyline of Houston. Kirksey, an architecture company based in Houston, designed the facility. Nancy Sarnoff of the Houston Chronicle wrote that the space has a "more modern look" compared to the previous space at the ExxonMobil Building.

References

References

1. "Emporis building ID 117746". [[Emporis]].
2. {{skyscraperpage. 1735
3. (5 June 2007). "Total Plaza Fact Sheet". Brookfield Properties.
4. Nancy Sarnoff. (June 9, 2007). "Brookfield acquires Total Plaza downtown". The Houston Chronicle.
5. "Total Plaza". Brookfield Properties.
6. (April 2023). "Louisiana Place, 1201 Louisiana, Renamed Total Plaza". McDaniel & Co..
7. "[http://www.manta.com/coms2/dnbcompany_cm8jhd Total Holdings Usa, Inc]." Manta. Retrieved on April 5, 2010.
8. "[http://blog.chron.com/primeproperty/2015/03/a-look-inside-the-new-petroleum-club/ A look inside the new Petroleum Club]" ([https://web.archive.org/web/20150308203636/http://blog.chron.com/primeproperty/2015/03/a-look-inside-the-new-petroleum-club/ Archive]). ''[[Houston Chronicle]]''. March 6, 2015. Retrieved on March 9, 2015.
9. Dawson, Jennifer. "[http://www.bizjournals.com/houston/stories/2006/06/19/daily33.html Hilcorp increases downtown presence]." ''[[Houston Business Journal]]''. Thursday June 22, 2006. Retrieved on April 5, 2010.
10. William K. Stevens. (17 May 1978). "Foreigners Buying Houston Properties". The New York Times.
11. William K. Stevens. (May 21, 1978). "Houston a Magnet for Foreigners and Their Money". The Palm Beach Post.
12. Stromberg, Laura A. "[http://www.bizjournals.com/houston/stories/1997/07/28/story1.html Arena Towers find buyer]." ''[[Houston Business Journal]]''. Friday July 25, 1997. Retrieved on April 24, 2010.
13. Tim Fleck. (September 1, 1994). "Crisis on Cullen Boulevard". The Houston Press.
14. Staff and Wire Reports. (July 20, 1996). "Houston developer convicted of bank fraud Kenneth Schnitzer, 2 others face up to 5-year prison terms, $250,000 fines". The Dallas Morning News.
15. Tanya Rutledge. (September 13, 1996). "Koll Real Estate's local office down to a handful of brokers". The Houston Business Journal.
16. "[https://web.archive.org/web/20010304060922/http://www.ridemetro.org/CONTMETR.HTM Contacting METRO]." [[Metropolitan Transit Authority of Harris County, Texas]]. March 4, 2001. Retrieved on April 5, 2010.
17. Sallee, Rad. "[http://www.chron.com/CDA/archives/archive.mpl?id=2002_3574572 Metro touting future savings from building]." ''[[Houston Chronicle]]''. Wednesday August 21, 2002. A25. Retrieved on April 5, 2010.
18. Sallee, Rad. "[http://www.chron.com/CDA/archives/archive.mpl?id=2000_3252311 Metro digs up $65 million for rail / Project to go without federal funds]." ''[[Houston Chronicle]]''. Wednesday October 25, 2000. A1. Retrieved on April 5, 2010.
19. Sarnoff, Nancy. "[http://houston.bizjournals.com/houston/stories/2002/01/07/newscolumn3.html Metro gets rolling on downtown transit center]." ''[[Houston Business Journal]]''. Friday January 4, 2002. Retrieved on April 5, 2010.
20. Dawson, Jennifer. "[http://houston.bizjournals.com/houston/stories/2004/07/19/daily3.html?jst=b_ln_hl ATOFINA to move from Greenspoint to downtown]." ''[[Houston Business Journal]]''. Monday July 19, 2004. Retrieved on April 5, 2010.
21. "[http://www.pcoh.com/Default.aspx?p=DynamicModule&pageid=399255&ssid=322474&vnf=1 Contact]." Petroleum Club of Houston. Retrieved on March 9, 2015. "Map and Directions: Physical Address: 1201 Louisiana, 35th Floor Houston, TX 77002"
22. Sarnoff, Nancy. "[http://www.houstonchronicle.com/business/real-estate/article/Bucks-for-the-memories-Petroleum-Club-auctions-5891870.php?t=4637e5bdc73b9e5e12 Bucks for the memories: Petroleum Club auctions off some of its relics]." ''[[Houston Chronicle]]''. November 13, 2014. Retrieved on March 9, 2015.