Marathon Oil Tower Joins List Of Office Renovations In Houston
Marathon Oil Tower joins the growing list of office buildings under renovation in Houston.
M-M Properties has launched an extensive plan to transform and reposition the 41-story office tower at 5555 San Felipe St., according to a release. The new additions include a free-standing, chef-driven restaurant with outdoor space, a new food hall on the ground level and upgraded common areas.
A new two-story, hospitality-inspired lobby will offer natural light, collaborative and coworking space, WiFi and an art media wall designed by building tenant Cyviz. Tenants will also have access to a fitness center equipped with self-paced and group fitness programs.
“The renovation addresses evolving tenant expectations for amenities suited to the social nature of today’s workforce,” M-M Properties CEO Ken Moczulski said in the release. “Creative employers require environments that strike a balance between workspace and hospitality. To respond to that demand, we employ design thinking on every project we own to align the amenities, programming, aesthetic and services we provide.”
One of the strengths of the property is its location within the Uptown Galleria submarket, which has embraced the live, work and play development model, said John Spafford, Madison Marquette's executive vice president and director of leasing in Houston, who, along with Madeline Gregory, is responsible for leasing the tower.
"The building is perfectly positioned for access to Uptown’s business and amenity base but removed from the traffic of Galleria’s most congested corridors: Post Oak and Westheimer. Its location in the softer, greener and safer area of the submarket is most accessible to Houston’s best residential neighborhoods and talent centers.”
M-M Properties acquired the 1.2M SF office tower in 2018. Originally developed in 1983 as the headquarters for Marathon Oil Co., the property received Gold certification by the U.S. Green Building Council in the Leadership in Energy and Environmental Design for Existing Buildings: Operations & Maintenance Green Building Rating System.