Skanska will create a healthy and inspiring work environment with a connection to nature in the heart of Houston’s Energy Corridor.
Skanska USA is developing West Memorial Place, a 325,000-square-foot, 12-story office building located on 12 acres in Houston’s Energy Corridor. Skanska acquired the site in February 2012 and is self-financing 100 percent of the $94 million development cost, of which $55 million is for construction. The project is on track to deliver in the first quarter of 2015, with Skanska USA also handling construction.
The new 12-story, Class A office building – with a connected nine-story parking garage – will be the new home of Petroleum Geo-Services (PGS), which will occupy 122,000-square-feet of the building.
“We are thrilled to welcome PGS as the first tenant to our new sustainable development,” said Mike Mair, executive vice president of Skanska USA. “With expanses of green space throughout the property, direct connection to Terry Hershey Park and easy access to I-10, as well as the Energy Corridor’s hotels, restaurants, retail and support services, it is an ideal location for our newest development.”
The building, which is targeting a minimum of LEED® Gold certification, is expected to consume 25% less energy than typical baseline buildings. Sustainable features include a mechanical system with demand-controlled ventilation and an energy recovery wheel providing energy efficiency and tenant convenience.