Houston Center - Fulbright Tower

Fulbright Tower
General information
Location 1301 McKinney Avenue
Houston, Texas
Coordinates 29°45′20″N 95°21′42″W / 29.75556°N 95.36169°W / 29.75556; -95.36169
Completed 1982
Technical details
Floor count 52
Design and construction
Architect Caudill Rowlett Scott
Main contractor W.S. Bellows Construction Corporation

The Fulbright Tower is a 52 story skyscraper originally known as 3 Houston Center. The tower has 1,247,061 square feet (115,855.8 m2) of Class A office space. The building at one point was owned by ChevronTexaco. As of 2005 Crescent owns the tower in a joint venture with the affiliates of GE Asset Management and JPMorgan Asset Management.

Construction on the tower was scheduled to begin in November 1980. The building was built in 1982 by W.S. Bellows Construction Corporation. The tower property was developed in 1985. Fulbright & Jaworski became a tenant during that year. Chevron became the building's main tenant, and its name became the Chevron Tower. Fulbright & Jaworski renegotiated and extended its lease in 2003 and retained the possibility of naming rights; as of 2005 the firm occupies 350,000 square feet (33,000 m2) of space. On February 24, 2005, Crescent completed the joint venture agreement involving the Fulbright Tower; a pension fund investor advised by JPMorgan Asset Management bought a 60% ownership interest in the building and an affiliate of GE Asset Management bought a 16.15% ownership interest. In 2004 ChevronTexaco sold the building to Crescent. During that year the tower was 49% occupied. By March 2005 ChevronTexaco planned to move its operations out of the tower after buying 1500 Louisiana Street in Downtown Houston. Fulbright & Jaworski used their naming rights, and in 2005 the building gained the name Fulbright Tower. In 2005 the Fulbright Tower was 57% occupied. In 2006 Chevron Corporation still occupied three floors at the Fulbright Tower. In 2009 Conway MacKenzie leased 4,619 square feet (429.1 m2) at the Fulbright Tower.

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