News Releases

Baker Botts Represents Hines in Development of New Downtown Houston Skyscraper on Former Houston Chronicle Site

Release
Deal Description: Hines and Ivanhoe Cambridge entered into a partnership to develop a 47-story, 1M SF office tower on the 800 block of Texas Avenue, formerly the Houston Chronicle site, near Milam, Prairie and Travis streets. The building is slated to open in 2021. Construction financing was provided by New York Life Real Estate Investors, a division of NYL Investors LLC.  Vinson & Elkins will occupy the top seven floors, and Hines will move its own global headquarters to the building.

Baker Botts represented Hines in connection with the partnership with Ivanhoe Cambridge and represented the joint venture in connection with the construction financing.

Baker Botts Lawyers/Office Involved:


Jon Dunlay (Partner, Dallas); Paul Landen (Partner, Houston); Kim Schlanger (Partner, Houston); Brayton Dresser (Special Counsel; New York); Claire Fernandez (Associate, Houston); Nina Culotta (Associate, Houston).

 

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Baker Botts is an international law firm of approximately 725 lawyers practicing throughout a network of 14 offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy and technology sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit bakerbotts.com.

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