Construction Underway on New Signature Office Property
(HOUSTON) – Hines, the international real estate firm, announced today the start of construction on 609 Main at Texas, the 48-story, 1,050,000-square-foot office tower at the corner of Main and Texas streets in Downtown Houston on the Main Street rail line.
Construction is expected to take 36 months, with delivery scheduled for February 2017.
609 Main at Texas is being developed by the Hines CalPERS Green (HCG) development fund, a partnership that focuses exclusively on developing sustainable office buildings throughout the United States certifiable through the U.S. Green Building Council (USGBC) Leadership in Energy and Environmental Design Core & Shell (LEED®-CS) program.
This same partnership developed the highly successful BG Group Place project also on Main St.
609 Main at Texas is pre-registered LEED, and is expected to attain Gold or Platinum certification upon completion.
HCG has owned the full-block site since 2008.
Site preparation, including the demolition of an existing abandoned structure, began in November 2013.
“609 Main at Texas will set a new standard for Houston’s Class A space, with its combination of world-class architecture, state-of-the-art amenity-rich office space in an irreplaceable location,” said Hines Senior Managing Director John Mooz.
“We are excited to develop our next landmark structure in Houston.”
Designed by Pickard Chilton, 609 Main at Texas’ north and south facades will extend skyward, culminating in a dramatic diagonal crown, creating a new, highly visible Downtown landmark.
The narrower east and west facades will be slightly recessed, and the subtly faceted exterior façade will be clad in floor-to-ceiling glass with brushed-stainless-steel accents.
Vertical blades will be incorporated in the east and west facades, enhancing the tower’s silhouette and offering solar shading.
Dramatic illumination within the east and west recesses, and the tower’s sloped crown will accentuate 609 Main’s presence on the nighttime skyline.
D.E. Harvey has been selected as the general contractor.
CalPERS is the nation’s largest public pension fund with assets totaling $277 billion, of which $27.1 billion is invested in real estate. The System provides retirement and health benefits to more than one million state and public employees and their families. For further information on CalPERS, please visit the System’s Web site at www.calpers.ca.gov.
Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes 1,283 properties representing more than 516 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments.
Currently, Hines manages 378 properties totaling 151.9 million square feet, which includes 84.3 million square feet for third parties.
With offices in 111 cities in 18 countries, and controlled assets valued at approximately $25.2 billion, Hines is one of the largest real estate organizations in the world. Hines is also a world leader in sustainable real estate strategies, with extensive experience in LEED, ENERGY STAR®, BREEAM, Haute Qualité Environnementale and DGNB green building rating systems.
Visit www.hines.com for more information.