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1600 Smith Street
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1600 Smith Street : ウィキペディア英語版
1600 Smith Street

1600 Smith Street, (previously named Continental Center I and also known as Cullen Center Plaza〔) is a 51-story, office tower in Downtown Houston, Texas, United States. The building houses offices of United Airlines,〔Feser, Katherine. "(Deal of the Week: Building could get a new address )." ''Houston Chronicle''. November 21, 2014. Retrieved on February 25, 2015.〕 and it was Continental's headquarters prior to its merger with United Airlines.〔"(Headquarters Location )." ''Continental Airlines''. Retrieved on December 7, 2008.〕 At one point it also served as the headquarters of ExpressJet Airlines.〔"(Expressjet.com Terms, Conditions, And Notices )." ''ExpressJet Airlines''. June 8, 2003. Retrieved on May 19, 2009.〕〔"(Air Transportation )." Opportunity Houston''. Retrieved on December 10, 2008.〕 It is a part of the Cullen Center complex.
The 51 story building has about of rentable Class "A" office space. The design architect was Morris Architects, the general contractor was Linbeck Construction Company, the mechanical engineer was I.A. Naman, and the structural engineer was CBM Engineers. The building was completed in 1984.〔"(Continental Center I )." Brookfield Properties. Retrieved on August 13, 2009.〕
The tower stands as a postmodern-style building.〔 It is currently the 8th-tallest building in Houston.
==History==
Bruce Nichols of ''The Dallas Morning News'' said that in early 1984 1600 Smith Street "was so vacant it became a symbol for overexpansion in Houston".〔Nichols, Bruce. "(HOUSTON: IS THE WORST OVER? Analysts split on former boomtown's future )." ''The Dallas Morning News''. May 20, 1985. Retrieved on November 11, 2009.〕 By 1987 the Canadian company Trizec Group bought debentures carrying an option to buy portions of the Cullen Center, including 1600 Smith Street.〔Nichols, Bruce. "(The Selling of a City )." ''The Dallas Morning News. June 7, 1987. Retrieved on November 11, 2009.〕 In 1997 subcommittees of the University of Houston System Board of Regents held meetings at 1600 Smith Street.〔"(Approved Minutes )." University of Houston System. January 30, 1997. Retrieved on November 11, 2009.〕〔"(Approved Minutes )." University of Houston System. April 2, 1997. Retrieved on November 11, 2009.〕〔"(Approved Minutes )." University of Houston System. June 2, 1997. Retrieved on November 11, 2009.〕〔"(Approved Minutes )." University of Houston System. October 6, 1997. Retrieved on November 11, 2009.〕
In September 1997 Continental Airlines announced that it would consolidate its Houston headquarters in what would become Continental Center I.〔"(Company History 1991 to 2000 )." Continental Airlines. Retrieved on February 11, 2009.〕 The airline scheduled to move around 3,200 employees in stages beginning in July 1998 and ending in January 1999. The airline consolidated the headquarters operation at the America Tower in Neartown and three other local operations into Continental Center I and Continental Center II in the Cullen Center. Continental anticipated taking 15 floors at Continental Center I. In addition it planned to add a company store, a credit union, and an employee service center in the street-level lobby of Continental Center I.〔Boisseau, Charles. "(Airline confirms relocation/Continental moving offices downtown )." ''Houston Chronicle''. Wednesday September 3, 1997. Business 1. Retrieved on August 23, 2009.〕 The airline agreed to lease of space in the Cullen Center for 11 years initially and 20 years if it takes renewal options.〔Zehr, Leonard. "TrizecHahn nabs U.S. leasing deal Continental Airlines enticed to move head office to downtown Houston from suburbs." ''The Globe and Mail''. September 11, 1997. Report on Business B7. Retrieved from LexisNexis on April 1, 2010.〕
To make room for the airline and to increase the complex's overall tenancy, Trizec negotiated with the Shell Oil Company to renew a lease of that was scheduled to expire in 1998.〔 The unit of Shell Oil Company agreed to reduce its square feet of space in Continental Center I to to make room for Continental.〔 Shell had planned to downsize, so it renewed its lease for a smaller amount of space. In addition Houston Industries, Inc. paid TrizecHahn so it could break its lease on of space. This made additional room for Continental Airlines.〔
Tim Reylea, the vice president of Cushman Realty Corp., said that the Continental move "is probably the largest corporate relocation in the central business district of Houston ever".〔 Bob Lanier, Mayor of Houston, said that he was "tickled to death" by the airline's move to relocate to Downtown Houston.〔
In September 2000 an electrical component burned out at Continental Center I, and the Houston Fire Department shut off the backup power supply as a precaution. As a result of the temporary power outage, delays of between 300 and 400 Continental Airlines flights occurred worldwide.〔Christian, Carol. "(Outage delays hundreds of Continental flights )." ''Houston Chronicle''. Wednesday September 13, 2000. Business 4. Retrieved on November 11, 2009.〕 The Texas bureau of Jesse Jackson's Wall Street Project opened in office space in Continental Center I in May 2001.〔Kaplan, David. "(Jackson opens Houston project office / Rainbow/PUSH leader sees owning stock as entryway for minorities )." ''Houston Chronicle''. Tuesday May 1, 2001. Business 3. Retrieved on November 11, 2009.〕 After the September 11 attacks and by September 2004 Continental laid off 24% of its clerical and management workers. Despite the reduction of the workforce, Continental did not announce any plans to sublease any of its space in Continental Center I and Continental Center II.〔Sarnoff, Nancy. "(Tunnel business going up? / Aboveground shops on rail line draw attention to new competition )." ''Houston Chronicle''. Sunday September 12, 2004. Business 3. Retrieved on November 11, 2004.〕
In 2004 three new lease agreements to occupy space in Continental Center I were signed. Nancy Sarnoff of the ''Houston Business Journal'' said that the three to five year terms were "considerably short" for leasing agreements; she added that the short leases were due to an abundance of capacity in the Downtown office market, which allowed tenants to have more say in their agreements. Southwest Bank of Texas (now Amegy Bank) agreed to occupy . Tana Exploration Co. LLC agreed to occupy . Stinnett Thiebaud & Remington LLP agreed to occupy .〔Sarnoff, Nancy. "(Cullen Center snags new leases )." ''Houston Business Journal''. Wednesday February 18, 2004. Retrieved on November 11, 2009.〕
In February 2006 Chevron U.S.A. Inc. signed a lease for of space. The lease deal filled the building to full occupancy and removed a large portion of available space from the Downtown Houston submarket. Tim Relyea, the vice chairperson of Cushman & Wakefield of Texas Inc., said that Chevron considered other properties before deciding on Continental Center I. He did not state which other towers the company had considered. Chevron planned to place 1,300 employees in 20 floors in the building. The company planned to begin moving employees into the tower by the third quarter of 2006.〔Dawson, Jennifer. "(Chevron ends space odyssey with landmark lease )." ''Houston Business Journal''. Friday March 3, 2006. Retrieved on November 11, 2009.〕 Prior to the signing of the lease agreement, rumors stated that the company was looking for more office space in Downtown Houston.〔Dawson, Jennifer. "(Chevron leases large chunk of downtown space )." ''Houston Business Journal''. Friday February 24, 2006. Retrieved on November 11, 2009.〕
In 2008 Continental renewed its lease for around in Continental Center I. Before the lease renewal, rumors spread stating that the airline would relocate its headquarters to office space around George Bush Intercontinental Airport due to high fuel costs affecting the airline industry; the rumors stated that the airline was studying possibilities of less expensive alternatives to Continental Center I. If the airline had left Continental Center I, 40% of the space in the building would have been unoccupied. Steven Biegel, the senior vice president of Studley Inc. and a representative of office building tenants, said that the square footage renewed by Continental is a significant amount of space. Biegel added that if the space went vacant, the vacancy would not have had a significant impact in the Downtown Houston submarket as there is not an abundance of available space, and that another potential tenant would likely occupy it. Jennifer Dawson of the ''Houston Business Journal'' said that if Continental Airlines left Continental Center I, the development of Brookfield Properties's new office tower would have been delayed.〔Dawson, Jennifer. "(Continental renews lease, decides to stay downtown )." ''Houston Business Journal''. Friday September 19, 2008. Retrieved on November 11, 2009.〕 The parties did not reveal the terms of the lease agreement. In 2008 Continental Center I was 98% leased.〔Feser, Katherine. "(Continental to stay put at 1600 Smith )." ''Houston Chronicle''. September 26, 2008. Retrieved on November 11, 2009.〕
In 2010, Continental Airlines and United Airlines announced that they would merge and that the headquarters of the combined company would be in the Chicago Loop in Chicago. The airline has not stated how much of the of space that it leases in Continental Center I will be vacated.〔Sarnoff, Nancy. "(Tenant has a ticket to fly )." ''Houston Chronicle''. May 8, 2010. Retrieved on July 12, 2010.〕 As of 2010 Continental had around 3,000 clerical and management workers in its Downtown Houston offices.〔Moreno, Jenalia. "(Most Continental jobs safe for now )." ''Houston Chronicle''. July 24, 2010. Retrieved on July 24m 2010.〕 According to Nicole Bradford of the ''Houston Business Journal'', some believe that the airline will vacate and leave thousands of square feet of space in Downtown Houston empty. As of 2010 Continental leases in Continental Center I, about 40% of the tower's office space.〔Bradford, Nicole. "Houston real estate brokers staying positive amid change." ''Houston Business Journal''. Friday September 10, 2010. ( 1 ). Retrieved on October 4, 2010.〕
In 2011 Chevron renewed a lease for of space for seven years.〔"(7 Vastly Undervalued, High Momentum Stocks With Significant Upside )." Seeking Alpha. July 8, 2011. Retrieved on August 3, 2011.〕 By June 2011 Continental Airlines said that 1,500 of the 2,800 employees currently at 1600 Smith would remain. Jennifer Dawson of the ''Houston Business Journal'' said "It’s still unclear how much of the 680,000 square feet Continental Airlines occupied downtown will be vacated".〔Dawson, Jennifer. "Houston downtown office market stable." ''Houston Business Journal''. October 21, 2011. p. (2 ). Retrieved on May 4, 2013.〕
As of September 2011 Continental continues to occupy space at Continental Center I, now a former headquarters, and another building. Half of the previous number of employees will work in Downtown Houston. Some job positions were eliminated. Some employees were transferred to Chicago.〔Moreno, Jenalia. "CEO aims for smooth landing in United-Continental merge." ''Houston Chronicle''. Sunday September 25, 2011. (2 ). Retrieved on October 10, 2011.〕 United continued to occupy space in the building, but stated that it would not renew the lease for of space on six floors.〔"(DOWNTOWN REAL ESTATE UPDATE )" ((Archive )). Downtown Houston Association. December 2011. p. 3/5.〕

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