1500 Louisiana Street
Encyclopedia
1500 Louisiana Street, formerly Enron Center South, is a 600 ft (183m) tall Post-Modern skyscraper in Houston, Texas
. It was completed in 2002 and has 40 floors. It is the 17th tallest building in the city and the tallest completed in the 2000s.
, a Houston-based company, had the building constructed to serve as its US headquarters. Due to a scandal
in late 2001 the company collapsed and filed for bankruptcy that same year; Enron never occupied the building. Intell Management and Investment Co. paid $102 million for the tower, which came equipped with technology that was, in 2003, the latest for energy firms. Charlie Giammalva of Lincoln Property Co., the leasing company of 1500 Louisiana, said that the building was "zero percent occupied." Giammalva said that the management of the building had contacted several firms, such as ExxonMobil
, about the possibility of leasing space in the building. By July 2003 none of the firms contacted the management.
ChevronTexaco bought the building in 2004. By 2005 the firm announced that it would move out of the former Chevron Tower in Houston Center
and moved into 1500 Louisiana Street. In 2006 4,000 employees worked in 1500 Louisiana.
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...
. It was completed in 2002 and has 40 floors. It is the 17th tallest building in the city and the tallest completed in the 2000s.
History
EnronEnron
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. Before its bankruptcy on December 2, 2001, Enron employed approximately 22,000 staff and was one of the world's leading electricity, natural gas, communications, and pulp and paper companies, with...
, a Houston-based company, had the building constructed to serve as its US headquarters. Due to a scandal
Enron scandal
The Enron scandal, revealed in October 2001, eventually led to the bankruptcy of the Enron Corporation, an American energy company based in Houston, Texas, and the dissolution of Arthur Andersen, which was one of the five largest audit and accountancy partnerships in the world...
in late 2001 the company collapsed and filed for bankruptcy that same year; Enron never occupied the building. Intell Management and Investment Co. paid $102 million for the tower, which came equipped with technology that was, in 2003, the latest for energy firms. Charlie Giammalva of Lincoln Property Co., the leasing company of 1500 Louisiana, said that the building was "zero percent occupied." Giammalva said that the management of the building had contacted several firms, such as ExxonMobil
ExxonMobil
Exxon Mobil Corporation or ExxonMobil, is an American multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. Its headquarters are in Irving, Texas...
, about the possibility of leasing space in the building. By July 2003 none of the firms contacted the management.
ChevronTexaco bought the building in 2004. By 2005 the firm announced that it would move out of the former Chevron Tower in Houston Center
Houston Center
Houston Center is a retail and office complex in Downtown Houston, Texas, United States. It is owned and operated by subsidiaries of Crescent Real Estate Equities Co. .The three towers in Houston Center have almost of Class A office space...
and moved into 1500 Louisiana Street. In 2006 4,000 employees worked in 1500 Louisiana.
External links
- Emporis
- Skyscraperpage
- Houston Architecture (Archived 2009-06-22)