Only the parking levels for this one are under construction. Office levels of the building will have to wait until a tenant signs on. Original plans called for the building to go spec.

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By hindesky @HAIF
 
Bank of America in talks to anchor new downtown Houston tower

Charlotte, North Carolina-based Bank of America Corp. (NYSE: BAC) is in negotiations to anchor Capitol Tower, a 35-story, 750,000-square-foot tower that hasn't broken ground yet.

Bank of America has been in talks with New York-based Skanska USA Commercial Development, the tower's developer, for more than a year, sources close to the deal told the Houston Business Journal. The bank would take between 200,000 and 250,000 square feet in the downtown tower.

[When asked to comment on Bank of America's interest, Skanska issued the following statement to the Houston Business Journal:

“Recently, we have been in talks with a number of tenants interested in Capitol Tower, and we are optimistic that the downtown leasing market will continue to present new opportunities as we move through 2017," the statement read. "Capitol Tower is a premier address in the heart of downtown and we look forward to going from ‘in development’ to ‘under construction.’”

http://www.bizjournals.com/houston/...e-bank-of-america-in-talks-to-anchor-new.html
 
Capitol Tower developer reveals food hall plans

New York-based Skanska USA Commercial Development has revealed plans for the food hall in downtown Houston’s upcoming Capitol Tower.

Dubbed Understory, the 35,000-square-foot project inside Capitol Tower's two-story atrium will house a full-service restaurant, seven chef-driven market concepts and a cocktail bar at 800 Capitol St., according to the press release. Plans also call for retail shopping and cultural programing.

Designed by Austin-based Michael Hsu Office of Architecture, Understory will feature open-cooking concepts with high-end finishes such as copper-clad kitchen hoods, wood butcher block countertops and white marble, per the release. Additionally, murals will don the walls.

Skanska said Understory — named after the space between a forest canopy and the underbrush — will operate seven days a week from morning to night and offer other cultural programs, which is unlike many other tunnels markets in the downtown area, per the release. Houston Business Journal reached out for more information regarding restaurant and retail tenants and programs, but a spokesperson wasn’t immediately available.

When finished in 2019, Understory will have five points of tunnel access as well as street access thanks to a 30-foot-wide staircase, called Great Steps, which will include a hanging art installation so large that it will be visible from three streets, per the release. Other features of Understory include WiFi, mobile device charging stations, games and a fitness center for the building's tenants.

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