Skanska’s Significant Houston Activity

Skanska’s Houston leasing team tells us about two significant projects underway locally: the 12-story, 330k SF West Memorial Place in The Energy Corridor is 50% leased and recently topped out. The company acquired the site in 2012 and is financing the development itself, which is set to open in January 2015. Phase II, which consists of 380k SF, is in the works and could deliver at the end of 2015. The other big news is the 750k SF Capitol Tower.  Skanska is currently demolishing the former site and will be able to deliver the new building in Q1 '18. Look for some very active marketing on that property: It’s been pre-certified as LEED Platinum, and has a unique 40-ft tunnel level. The Swedish global construction and development company has been in the Houston market since 2008, with projects going in all submarkets. For more info on our sponsor, click here.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

The Wideman Co. Buys Downtown Tower From Brookfield: The Houston Deal Sheet

Forget Buildings, Retailers Are Leasing Environments

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject

Private Equity Firm Buys Former Texas Instruments Campus For New Headquarters