According to a report by Jennifer Dawson in the Houston Business Journal,, the first new spec office building built in the Galleria area in more than 25 years will be . . . a 20-story tower that was designed 15 years ago!
In the early 1990s, [Novati Group CEO Ken] Moczulski ran Transworld Properties, a developer of office, industrial and multifamily properties. Transworld owned the land at 1600 West Loop South at that time, and commissioned Ziegler Cooper Architects to design an office for the site.
“We had planned a building,” recalls Moczulski. “It was all designed.”
The economy turned south, he says, so the facility did not get built. . . .
Last year, Novati co-founders Moczulski and Fernando De León start looking in the Galleria area for an office development site. Moczulski approached Landry’s about buying the West Loop land because, as in the 1990s, he still thinks the location and high visibility make it a good site for an office building.
To top it off, Novati is saving months of development time by dusting off the original plans from Ziegler Cooper. The only design changes needed are those to make the 475,000-square-foot structure eligible for certification as a green building.
Hey, maybe it’s one of those towers that kinda looks like a tall glass cylinder is bulging out from the center? That was a hot nineties look, wasn’t it?