DOWNTOWN HOUSTON. Update for Downtown HR Managers. June 20, Part 2 of 2
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1 DOWNTOWN HOUSTON Update for Downtown HR Managers June 20, 2012 Part 2 of 2
2 CORPORATE CHANGES & MOVES
3 HESS 1,900 employees 500,000 sf to 844,763 sf Relocated May 2011 Capacity ~2,300 employees 31 stories 10 levels of parking Complete 2010 Hess moved in 2011
4 SHELL Renewed a total of 1,222,425 sf 804,491 sf in One Shell Plaza 471,934 sf in Two Shell Plaza World s largest lease in year lease term 1/1/11 through 2025 Shell Works: space/employee by 15-20% Net decrease downtown of 351,000 sf Shell continues its presence as one of downtown s largest tenants and employers
5 BG GROUP Signed 164,000 sf Increased to 354,400 sf, or 13 floors 350 employees and contractors from Galleria area Some moving from Redding, England Relocated July 2011
6 CHEVRON 2011 Purchased 1400 Smith from Brookfield Opening the child care center Purchased former YMCA site Now: Owns and occupies 1500 Louisiana Owns and occupies 1400 Smith Leases 311,000 sf in 1600 Smith Owns the former YMCA site Owns the day care center site
7 CHEVRON, FORMER YMCA SITE
8 ENERGY TRANSFER Located in Pennzoil Plaza Purchasing Southern Union, Galleria area Purchased 1300 Main Plans to move many of its 650 Houstonarea workers into approximately 150,000 sf of space at 1300 Main in late 2012
9 HOUSTON CLUB BUILDING Purchased Houston Club Building with plans to redevelop Working on obstacles to development: Long-term parking agreement Long-term day-care obligation Houston Club to move out Planned future office building
10 CONTINENTAL/UNITED Prior to merger Were leasing 600ksf in Continental I (1600 Smith) and Continental II (600 Jefferson) 2,800-3,000 employees in downtown Current Has ~1,500 employees in downtown now Renewed its lease in 600 Jefferson Continuing to lease space in 1600 Smith, but has announced it is not renewing 143ksf in the building Likely to reduce space more to adjust to the halving of its employee base here
11 EXXON Will vacate 800 Bell 1.2 million sf 3,300 employees Building is for sale Has space in 1301 Fannin 120,000 sf data center space 5 floors in office tower
12 KBR HQ AND OFFICES Had 973,000 sf in KBR Tower and 500 Jefferson Planned to keep some employees in downtown, move some to far west Houston in new campus. Clinton Drive employees would move to new campus. Would have reduced downtown space by 530ksf. Chose to consolidate in downtown and have some office space in west Houston Added net 220ksf Result: 750ksf positive swing in expectation
13 DEVON Once upon a time: 860ksf and 1,200 employees Changed corporate strategy, sold assets Put 400k ksf in 2 Allen Center and 3 Allen Center to sublease market Now: 345ksf and about 1/3 employees Devon still has 377ksf, expires 2020
14 MAJOR RELOCATIONS & NEW FIRMS Year Company Type From To Initial SF 2012 Copano Energy Relocation Allen Parkway 2 Allen Center 56, Linc Energy Relocation Galleria area Wells Fargo Plaza 25, Halcon Resources New company n/a Wells Fargo Plaza 25, Memorial Prod. Partners New company n/a Fulbright Tower 25, Ascend New to Houston n/a Chase Tower 20, BG Group Relocation Galleria BG Group Place 354, Latham Watkins New to Houston n/a 717 Texas 25, Accenture Relocation Allen Parkway 1301 Fannin 25, Breitburn New to Houston n/a Chase Tower 22, Vestas New to Houston n/a Heritage Plaza 28, Dynamic Offshore Relocation Greenspoint Fulbright Tower 49, McDermott Will New company n/a Wells Fargo Plaza 75, ACL Transportation Svcs New to Houston Indiana First City Tower 26, Liskow Lewis New to Houston New Orleans First City Tower 55, TransCanada Spinoff n/a 717 Texas 110, Plains All American (Pogo) Relocation Greenway Plaza 717 Texas 135, Linn Energy Relocation Pittsburgh Chase Tower 22, Teekay Shipping/Skaugen Relocation Galleria 2 Houston 23, NRG Relocation Greenway Plaza Fulbright Tower 50, Walter P Moore Relocation Greenway Plaza Fulbright Tower 63, Morris Architects Relocation Greenway Plaza First City Tower 22, Watkins, Hamilton Ross Relocation Greenway Plaza 1111 Louisiana 50, Total Relocation Greenspoint & Gessner 1201 Louisiana 150, EPCO family of companies Relocation Loop 610/290 area 1100 Louisiana 325, Chase Technology Center Relocation New York 1111 Fannin 60,000 For entire list, go to then Resources / Development /
15 ACCESS
16 WHERE DT WORKERS LIVE
17 ACCESS Walk, 1.0% Vanpool, 1.5% Rarely travel to Motorcycle, 0.4% DT, 0.5% Bicycle, 0.3% Light rail, 1% Bus and rail, 3% Carpool, 11% Local or express bus, 4% Drive Alone, 48% Park & Ride, 29% n = 12,350
18 SUBSIDY/USE
19 PARK & RIDE & HOV LANES
20 EXTENSIVE BUS SERVICE
21 GOAL: FORT BEND P&R Provider(s) Best practices Route(s) Funding partners Go forward plan
22 LIGHT RAIL RIDERSHIP First Year/2004 Goal was to achieve 33,000 average weekday boardings Achieved goal 10/04 Boardings first 12 months: 7,691,765 L-T goal of 40,000 by 2020 achieved 10/05/ 45,000 in 07 41% never used Metro before 20% have HH income >$81k 49% have a car One of the few new rail systems in the US that has exceeded projections
23 METRO LIGHT RAIL
24
25 GREENLINK
26 GREENLINK
27 GO REV GO Take you anywhere in downtown or Midtown Call Go-rev-go or to schedule a pick up, or just call to see if they re in the area Work for tips only Eco friendly!!!
28 DOWNTOWN TAXI $6.00 cab rides anywhere in downtown Up to four people can ride for one flat fee Hail a cab when you need it
29 HOUSTON B-CYCLE $5.00/day City Hall, George R. Brown, Market Square Park
30 NURIDE An incentive-based ride network sponsored by agencies promoting reduction of congestion, pollution Average rewards: $180/rider Gift cards to restaurants, dry cleaners, HEB 4,300 enrolled in Houston; 58% are women Launched in Houston in June 2005 Plan trips online, use the service, receive rewards
31 CLEAN & SAFE
32 PUBLIC ENVIRONMENTS
33 PUBLIC ENVIRONMENTS
34 SAFETY Safest neighborhood in Houston One of safest CBDs in US HPD Special Operations is located downtown, out there in cars, bicycles, horses, on foot
35 EMERGENCY CONTACTS
36 Downtown Emergency Coordination Center (DECC) Public safety camera viewing Hurricane response Partners: HPD METRO COH PW&E
37 SUSTAINABILITY EFFORTS
38 SUSTAINABILITY
39 SUSTAINABILITY Continue current initiatives: Energy Reduction Recycling Vehicle Miles Travelled Heat Island Communications / PR
40 PLANNING
41 PLANNING INITIATIVES Residential Neighborhoods Warehouse District Sketch Pan Northeast Quadrant Sketch Plan Southeast Quadrant Sketch Plan Active Sidewalks Lamar St. Ped Lighting Pilot TIRZ 3: Travis-Fannin / Clay-Jefferson TXDOT/COH: Southeast Quadrant New Attractions Dynamo Stadium Regional Tourism Center - ADLA Schools: HSPVA, Houston Ballet UH Downtown Masterplan A Dynamic Economic Center Mixed Use Retail Core Area 806 Main Development GRB Convention Center Masterplan Convention Hotels Other New Developments Buffalo Bayou Austin Street Portal Repairs North Channelization Sesquicentennial to Travis Portal International Coffee Building Buffalo Bayou Partnership Plan Parks & Plazas Tranquillity Park Jones Plaza Pockets & Pets Public Services & Amenities Louisiana LED Street Lighting Pilot Main St OCS Pole Lighting Pilot Theater Pole Relocation Congress Street Bridge LRT Capitol & Rusk Streets Main Street Paver Repairs Dallas Ave. Caroline to AdlA Jury Assembly / 1910 Courthouse Connected and Convenient Bike Share Program Downtown / EaDo Livable Centers Wayfinding Improvements GREENLINK Circulator Elysian Viaduct Bridge & Gateways Dynamo Stadium Sidewalks: TIRZ 15 Bastrop Promenade Sister Cities / International Zone North San Jacinto Extension
42 DOWNTOWNHOUSTON.ORG
43 HOUSING THE HOMELESS 3 groups of Homeless Persons: 35% require Extensive Care Lifelong, supervised 55% require Ongoing Care Episodic, variable levels Range of competencies within group 10% require Temporary Care Short-term, one time
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