Frost Bank Tower
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The Frost Bank Tower is a skyscraper in Austin,
Texas Texas (, ; Spanish: ''Texas'', ''Tejas'') is a state in the South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by ...
, United States. Standing 515 feet (157 m) tall with 33 floors, it is the fifth tallest building in Austin, behind
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, The Austonian,
Fairmont Austin The Fairmont Austin is a 37-story hotel located on 101 Red River St, in Downtown Austin, Texas. Groundbreaking for the project began on November 3, 2014. The hotel, at , is the largest of the Fairmont hotel chain. The hotel tops out at tall, su ...
, and the 360 Condominiums. It was developed by
Cousins Properties Cousins Properties Incorporated is a publicly traded real estate investment trust (REIT) that invests in office buildings in Atlanta, Charlotte, Austin, Phoenix, Tampa, and Chapel Hill, North Carolina. The company has developed notable prope ...
from November 2001 to December 2003 as a class A office building with of leasable space. It was the first high-rise building to be constructed in the
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after the
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. The building was officially dedicated in January 2004. The Frost Bank Tower was designed by Duda/Paine Architects, LLP and
HKS, Inc. HKS, Inc. is an American international architecture firm headquartered in Dallas, Texas (USA). History The firm was founded in 1939 by Harwood K. Smith. In 2002, HKS expanded its international presence by opening HKS Arquitectos in Mex ...
It carries the highest
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in the city at . This advertises the
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-based Frost Bank, whose Austin headquarters and insurance division are in the building. Tenants in the building besides Frost Bank include the Austin offices of
Morgan Stanley Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the fir ...
,
Ernst & Young Ernst & Young Global Limited, trade name EY, is a multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and Pricewat ...
, and PIMCO. The silvery blue color glass facade was first used on the
Reuters Building 3 Times Square, also known as the Thomson Reuters Building, is a 30-story skyscraper at Times Square in the Midtown Manhattan neighborhood of New York City. Located on Seventh Avenue between 42nd and 43rd Street, the building measures ...
in
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. Cousins sold the building in 2006 to
EQ Office EQ Office is a real estate investment company that owns 80 office properties comprising 40 million square feet. The company is owned by funds managed by The Blackstone Group. The company was formerly known as Equity Office. History The company w ...
for $188 million before the building was sold to Thomas Properties Group the same year. In 2013, ownership of the building transferred to
Parkway Properties Parkway Properties, Inc. was a real estate investment trust that invested in office buildings in the Sun Belt. In 2016, the company was acquired by Cousins Properties. Notable properties owned by the company included Liberty Place, Phoenix ...
. The building is currently owned by Endeavor Real Estate Group.


History

In 1998, T.Stacy & Associates consolidated tracts of land at the building site, at the time a vacant lot, and sold it to
Cousins Properties Cousins Properties Incorporated is a publicly traded real estate investment trust (REIT) that invests in office buildings in Atlanta, Charlotte, Austin, Phoenix, Tampa, and Chapel Hill, North Carolina. The company has developed notable prope ...
in 2001. Their original plan called for a building with 27 floors, but the final plan called for a tall building with 33 floors. As the building began construction on November 27, 2001, it became the tallest building in the United States of America to be constructed after the
September 11 attacks The September 11 attacks, commonly known as 9/11, were four coordinated suicide terrorist attacks carried out by al-Qaeda against the United States on Tuesday, September 11, 2001. That morning, nineteen terrorists hijacked four commer ...
. Construction was finished about 2 years later in 2003, and the tower was officially dedicated in 2004. It became the tallest building in
Austin, Texas Austin is the capital city of the U.S. state of Texas, as well as the seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 11th-most-populous city ...
, and the fourth tallest building outside of
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and
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, Texas (excluding the
Tower of the Americas The Tower of the Americas is a observation tower-restaurant located in the Hemisfair district on the southeastern portion of Downtown San Antonio, Texas, United States. The tower was designed by San Antonio architect O'Neil Ford and was ...
in
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). In August 2003 cost of the building was estimated at $137 million.Rea, Mark (2003)
Frost Bank Tower To Give New Glow To Austin Skyline
Texas Construction Magazine, 08/2003. Accessed 2010-05-05.
After Austin's skyscraper construction boom, which began in 2007, Frost Bank Tower was soon surpassed in height by the 360 Condominiums at in 2008. As of March 2011, it is the 54th tallest building in
Texas Texas (, ; Spanish: ''Texas'', ''Tejas'') is a state in the South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by ...
. In 2006,
Cousins Properties Cousins Properties Incorporated is a publicly traded real estate investment trust (REIT) that invests in office buildings in Atlanta, Charlotte, Austin, Phoenix, Tampa, and Chapel Hill, North Carolina. The company has developed notable prope ...
sold the building for $188 million to
EQ Office EQ Office is a real estate investment company that owns 80 office properties comprising 40 million square feet. The company is owned by funds managed by The Blackstone Group. The company was formerly known as Equity Office. History The company w ...
, which eventually sold it to Thomas Properties Group. Currently, there are many notable tenants in the building, including Frost Bank,
Morgan Stanley Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the fir ...
,
Ernst & Young Ernst & Young Global Limited, trade name EY, is a multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and Pricewat ...
, PIMCO, UTIMCO, and Heritage Title Co.


Architecture

Designed by Duda/Paine Architects, LLP with
HKS, Inc. HKS, Inc. is an American international architecture firm headquartered in Dallas, Texas (USA). History The firm was founded in 1939 by Harwood K. Smith. In 2002, HKS expanded its international presence by opening HKS Arquitectos in Mex ...
as the Architect of Record, the Frost Bank Tower is considered one of the most recognizable buildings in Austin. The building starts with a rectangular shape on the ground that eventually becomes a square point in the crown. The base of the building is expressed in honed finish limestone while the main superstructure of the building is a blue low-e glass skin, which is a thicker type of glass, that covers the entire tower. The Frost Bank Tower is one of only two places in the world with blue low-e glass skin, the other being the
Reuters Building 3 Times Square, also known as the Thomson Reuters Building, is a 30-story skyscraper at Times Square in the Midtown Manhattan neighborhood of New York City. Located on Seventh Avenue between 42nd and 43rd Street, the building measures ...
in
New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...
, which was the earlier structure. The folded panes of the building step back to create a segmented pyramidal form. Lighting covers the crown, where a section of the building lights up, and sometimes changes color for special occasions, such as the
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, when the Austin-based University of Texas Longhorns defeated the
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. More than 200,000 sq ft (60,960 sq m) of glass was used for the facade of the building alone and 45,000 sq ft (13,716 sq m) of glass was used in the crown. The building also contains an 11 level parking garage with spaces for more than 1,400
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.


Critics' responses

The Frost Bank Tower's design received a polarized response upon its completion. '' Austin American-Statesman'' columnist John Kelso compared the building's crown to an enormous set of nose hair trimmers. Jeanne Claire van Ryzin, a ''Statesman'' art critic, opined that the "jagged form of the crown looks more like a riff on the
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ornamentation of the 1980s than any kind of newly inspired form." ''Austin Chronicle'' readers voted the Frost Bank Tower as the "Best New Building (Past Five Years)" in 2004, 2006, 2007, and 2008. It was also voted for best architecture in 2004 and 2005. The newspaper also said that the "owl face of the Frost Bank Tower" helps keep Austin " characteristically weird". The tower was awarded the 2005
International Association of Lighting Designers The International Association of Lighting Designers (IALD) is a learned society of architectural lighting designers founded in 1969 and based in Chicago. History In 1969, a group of lighting designers—including Ray Grenald—established the I ...
(IALD) Award of Merit for lighting design by Cline Bettridge Bernstein Lighting Design for its "second set of narrowly focused accent lights that showcase the vertical mullions at the setback near the building top" and "monumental custom sconces that add scale and create a welcoming frame around the opening portals of the lobby". The building also won the 2003 Texas Construction Magazine Award of Merit.


Amenities

The Frost Bank Tower contains a wide variety of
amenities In property and land use planning, amenity (lat. ''amoenitās'' “pleasantness, delightfulness”) is something considered to benefit a location, contribute to its enjoyment, and thereby increase its value. Tangible amenities can include the ...
. Such amenities in the building include conference facilities, building concierge, 24-hour cardkey access, fully equipped
fitness center A health club (also known as a fitness club, fitness center, health spa, and commonly referred to as a gym) is a place that houses exercise equipment for the purpose of physical exercise. In recent years, the number of fitness and health se ...
, state-of-the-art telecommunication systems, tenant controlled HVAC, upscale restaurants, deli/ carry-out restaurants, a coffee shop, and a dry-cleaner. Following the builders tradition, a tin Christian cross was embedded into the concrete of each floor during construction, with the last being added on May 27, 2003. The idea came from a story of an immigrant who worked on construction during the 1940s in
New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...
. Also, a cedar tree was hoisted to the top of the
mechanical penthouse A mechanical floor, mechanical penthouse, mechanical layer or mechanical level is a story of a high-rise building that is dedicated to mechanical and electronics equipment. "Mechanical" is the most commonly used term, but words such as ''utility ...
during the topping out ceremony.


Position in Austin's skyline

Frost Bank Tower is the fifth tallest building in Austin at , behind
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, 360 Condominiums,
Fairmont Austin The Fairmont Austin is a 37-story hotel located on 101 Red River St, in Downtown Austin, Texas. Groundbreaking for the project began on November 3, 2014. The hotel, at , is the largest of the Fairmont hotel chain. The hotel tops out at tall, su ...
and The Austonian in height. The building covers most of its block, which is located near the center of downtown at 4th Street and
Congress Avenue Congress Avenue is a major thoroughfare in Austin, Texas. The street is a six-lane, tree lined avenue that cuts through the middle of the city from far south Austin and goes over Lady Bird Lake leading to the Texas State Capitol in the heart of ...
. Its location in the skyline, matched with its height, excited Austinites and was known as a centerpiece to the skyline.


Gallery

File:FrostBankTowerLobbYAustinTX.JPG, Lobby of the tower Image:FrostTowerAerial.jpg, Aerial view of Frost Tower from Image:Frostbanktower 5th-guadalupe.jpg, Street view from the corner of 5th Street and Guadalupe Avenue Image:Frostbanktoweraustintx.jpg, Street view from Congress Avenue


See also

* Sixth Street *
Downtown Austin Downtown Austin is the central business district of Austin, Texas. Downtown is located on the north bank of the Colorado River. The approximate borders of Downtown include Lamar Boulevard to the west, Martin Luther King Jr. Boulevard and the U ...
* The Austonian *
List of tallest buildings in Austin File:AustinSkylinefromButlerPark-Jun2009.JPG, 350px, alt=A view of the Austin skyline as taken from Butler Park, facing a north northeast direction, Skyline of Austin from Butler Park, June 2009 (Use cursor to identify buildings) poly 57 1069 ...


References

{{Buildings in Austin Bank company headquarters in the United States Office buildings completed in 2004 Skyscraper office buildings in Austin, Texas 2004 establishments in Texas