on the move
Dow Chemical has signed up to be the anchor tenant at the CityCentre Six office tower under construction in Houston’s Memorial City area.
Dow will occupy nearly two-thirds (65 percent) of the 308,000 square feet of office space at the 19-story building, or about 200,000 square feet. The company will relocate employees there from its Houston Dow Center offices at Enclave Plaza in the Energy Corridor.
The current lease expires in 2026. Dow has leased the Energy Corridor space for 15 years.
Houston-based real estate investor and developer Midway recently broke ground on the $87.5 million, 320,000-square-foot CityCentre Six tower, which will be adjacent to the headquarters of Marathon Oil.
“Dow’s commitment as the anchor tenant has been a driving force behind the project’s strong momentum and underscores the strong leasing demand for CityCentre office space, which remains 100 percent leased,” says Chris Seckinger, vice president of investment and development at Midway. “Their presence not only confirms the tower’s status as a premier business destination but also reflects the confidence leading enterprises have in our vision for the district.”
The new tower, set to be completed in 2026, is one of the latest additions to the 47-acre CityCentre mixed-use development.
Midway executives celebrate the groundbreaking of CityCentre Six.Courtesy of Midway
“Our plans for CityCentre’s north site have been in the works for almost a decade, and CityCentre Six is a significant step towards realizing our long-term vision for the development,” Seckinger said in a January 2024 news release.
Midway’s CityCentre Seven, a six-story office building and hotel, is also under construction at the mixed-use development. The Four Points by Sheraton Houston West hotel currently occupies the site.
This article originally appeared on our sister site, Energy Capital HTX.