Greenway Plaza, Houston

Greenway Plaza is a business district located along Interstate 69 (U.S. Highway 59) within the Interstate 610 loop in southwestern Houston, Texas, west of Downtown and east of Uptown. The district is located immediately west of Upper Kirby, north of West University Place, and south of River Oaks.

First envisioned in the late 1960s by local developer Kenneth L. Schnitzer, Greenway Plaza has evolved into one of Greater Houston's largest employment centers, with over of office space on a campus. Noted for its expansive green spaces and consistent modernist architectural style, Greenway Plaza is widely considered a pioneering example of mixed-use development in the United States. The campus's ten office towers are connected by an extensive system of air-conditioned skyways, tunnels, and underground parking garages.

Greenway Plaza contains Lakewood Church, a nondenominational Christian church, which hosts one of the largest congregations in the United States. Lakewood's main campus, a venue originally known as "The Summit" and later " Compaq Center," is the former home of the Houston Rockets, a professional basketball team, as well as other sporting teams, concerts, and events. Lakewood Church purchased the property in 2005.

The Greenway Plaza development is part of a larger neighborhood, Greenway/Upper Kirby, which covers a area roughly enclosed by Westheimer Road to the north, Bissonnet Street to the south, Uptown Houston to the west, and Shepherd Drive to the east. In 2015, Greenway/Upper Kirby had an estimated population of 21,120 and a population density of .

History

Kenneth L. Schnitzer, the chairperson of the Century Development Corporation,Schadewald, Bill. "Looking back ‘Then and Now’ at 40 years of Houston business." '' Houston Business Journal''. Friday December 24, 2010
1
Retrieved on September 13, 2011. envisioned Greenway Plaza, which became the first mixed-use development in Houston.Crescent Celebrates Greenway Plaza's 40th Anniversary by Honoring Customer Loyalty
" ''Business Wire''. June 9, 2007. Retrieved on January 21, 2009.

Century took realtors from outlying towns around Houston and had them buy individual parcels for very inexpensive prices while trying not to attract attention. One homeowner found out about the plan and asked to have the house sold for $350,000. At the time it was a lot of money for a house that was small. The company paid the money so it could secure the tract the house sat on. The grand opening took place in 1973. Schnitzer said that Greenway Plaza would become a "second downtown". Bill Schadewald of the '' Houston Press'' said that Greenway Plaza, which housed office towers, retail operations, a basketball arena, a movie theater, and a hotel, "defined the multiuse concept in an original " Edge City"".

In 1970, the M. W. Kellogg Company had moved its headquarters from New York to Houston. After Kellogg moved its operations into Greenway Plaza, initially Kellogg occupied half of 3 Greenway Plaza and staffed the half with fewer than 600 employees. When the energy industry expanded worldwide, Kellogg occupied all of 3 Greenway Plaza and space in an adjacent building. Kellogg's lease on July 1, 1991 was up for renewal; if Kellogg had renewed the lease, its rent payment would have increased. Instead Kellogg decided to swap office space with its parent company, Dresser Industries. Dresser took over a part of Kellogg's lease and renamed 3 Greenway Plaza to the Dresser Tower. After the swap Dresser occupied of space on eight floors, while Kellogg continued to lease six floors in the building. In exchange Kellogg took space formerly held by Dresser at the M. W. Kellogg Tower in the Cullen Center in Downtown Houston. The swap satisfied Dresser's need for less space.

Around 1996 T Mobile leased space in 2 Greenway Plaza.

Circa 2003 the Houston Rockets moved out of what was the Compaq Center, and that building became the Lakewood Church Central Campus. Nancy Sarnoff of the '' Houston Chronicle'' wrote that the adjacent Greenway Plaza became "sleepy" as a result of this change, and that in 2017 Greenway Plaza had a lack of activity during nighttime periods despite its heavy activity during the day; therefore, according to Sarnoff, Greenway Plaza "feels like downtown Houston did 10 or 20 years ago".

In 2004 Crescent attempted to sell a 50% equity position in both Greenway Plaza and Houston Center. During that year, El Paso Corp., a major tenant with in Greenway Plaza, announced that it was vacating the property and moving its personnel to its Downtown Houston headquarters. A '' Houston Business Journal'' article stated that El Paso was expected to sublease the space until 2014, when its lease will expire.Dawson, Jennifer.
Crescent trophies on sales block
" '' Houston Business Journal''. Friday May 21, 2004. Retrieved on May 10, 2009.

In 2005 the internet service provider Internet America had offices in Greenway Plaza.

During the afternoon of Monday July 29, 2013, Cousins Properties, a company based in Atlanta, announced that it was buying the entire Greenway Plaza complex and a Downtown Fort Worth office tower. Nancy Sarnoff of the ''Houston Chronicle'' stated that Cousins was expected to pay $1.1 billion in cash. By 2017 the owner was Parkway Inc., which planned to renovate Greenway Plaza.

In July 2017 T-Mobile announced it was moving to the T-Mobile Tower, formerly the River Oaks Tower. That same month Occidental Petroleum announced it was vacating its space, and it put its space for sale.

Composition

Commercial office buildings

Retail tenants

*12 Greenway Plaza
**Suite 102: Amegy BankRetail Directory
." Greenway Plaza. Retrieved on April 24, 2010.
*The Hub at Greenway Plaza (formerly The Shops at Greenway) which first opened in 1973Sarnoff, Nancy.
Greenway Plaza ahead of its time while being timeless
" '' Houston Chronicle''. Thursday May 26, 2016. Retrieved on May 31, 2016.
** Greenway Coffee
** burger-chan
** The Rice Box
** Feges BBQ
** Nestlé Toll House Cafe
** Antone's
** Alonti Cafe
** Texas Chicken Express
** Lulu's
** Cilantro's
** Michael Saldana Salon
*
Flower Delivery Houston
** Greenway Newsstand & Convenience Store
** Energy One Credit Union

Prior to January 1, 2008, Landmark Theatres operated the Landmark Greenway, an " arthouse" theater inside 5 Greenway. Landmark's lease expired and the Greenway Plaza did not renew the lease. December 31, 2007 was the final day of operation for the theater. As of 2016 it will be replaced by a fitness area.

At one time the building housed Rao's Maremma Ristorante.

Other buildings

* Doubletree Hotel (6 Greenway) – Previously the Stouffer Hotel and the Renaissance Hotel – Opened 1972
*The Central Plant (7 Greenway)
*Tony's Restaurant (13 Greenway) – Established by Tony Vallone, in 2006 it moved from Uptown Houston to Greenway and renewed its lease around 2016, staying for another 10-year period
*14 Greenway and 15 Greenway – formerly the Plaza Condominiums – Opened 1980 (14 Greenway) and 1981 (15 Greenway)
**The condominiums are assigned to schools in the Houston Independent School District: Poe Elementary School, Lanier Middle School, and Lamar High School. It was previously zoned to Will Rogers Elementary School.
* Lakewood Church Central Campus – formerly the Summit and the Compaq Center – Opened 1975

Gallery

Image:GreenwayPlazaTheaterLandmarkHouston.JPG, The Landmark Theatres Greenway 3, formerly located in 5 Greenway Plaza

References

Further reading

* https://web.archive.org/web/20130921030104/http://cousinsproperties.com/page/press-release-closes-texas-acquisition

External links

Greenway Plaza

Greenway Condominiums

{{Houston, Texas

Skyscraper office buildings in Houston
1973 establishments in Texas
Commercial buildings completed in 1973
Residential buildings completed in 1973
Mixed-use developments in Texas