JPMorgan Chase Building (Houston) explained

Building Name:JPMorgan Chase & Co. Building
Former Name:Gulf Building
Texas Commerce Bank Building
Chase Bank Building
Location:712 Main Street
Houston, Texas
Coordinates:29.7589°N -95.3636°W
Completion Date:1929
Status:Complete
Building Type:Commercial offices
Architectural Style:Art Deco/Art Moderne
Roof:130m (430feet)
Floor Count:37
Architect:Alfred Charles Finn
Kenneth Franzheim
J.E.R. Carpenter
Embed:yes
Gulf Building
Added:August 30, 1983
Refnum:83004436
Designated Other1:RTHL
Designated Other1 Date:2007
Designated Other1 Number:14042
Designated Other1 Num Position:bottom
References:[1]

The JPMorgan Chase Building, formerly the Gulf Building, is a 37-story 130m (430feet) Art Deco skyscraper in downtown Houston, Texas. Completed in 1929, it remained the tallest building in Houston until 1963, when the Exxon Building surpassed it in height.[2] The building is the Houston headquarters of JPMorgan Chase Bank, and was formerly the headquarters of Texas Commerce Bank.[3]

History

Jesse H. Jones arranged to have the Gulf Building constructed; it was built in 1929.[3] Designed by architects Alfred C. Finn, Kenneth Franzheim, and J. E. R. Carpenter the building is seen as a realization of Eliel Saarinen's second-place-but-acclaimed entry in the Chicago Tribune Tower competition.[4]

The Gulf Oil sign was erected in May 1966 and dismantled in March 1974.

Texas Commerce Bank initiated the restoration of the building in 1989, in what is still considered one of the largest privately funded preservation projects in American history. Recent preservation work included restoring the terrazzo floor in the building's Banking Hall, but keeping the hollows worn into the marble border where generations of customers stood to conduct their banking business. Largely through the efforts of JPMorgan Chase, the former Gulf Building was designated a City of Houston Landmark in 2003. The structure was already a National Historic Civil Engineering Landmark and listed on the National Register of Historic Places.

Texas Commerce Bank also owned another history-making skyscraper in downtown Houston, the neighboring 75-story Texas Commerce Tower, completed in 1982, and now known as the JPMorgan Chase Tower.

In 2010, JPMorgan Chase sold the former Gulf Building to the Brookfield Real Estate Opportunity Fund. Chase will be leasing space from the tower on a long term basis. Chase, as of February 12, 2010, occupied about 500000square feet of space in the building. Chase planned to remove about 80000square feet from its lease agreement, saying that it does not need the space anymore. After the Chase relinquishment, the building will be 75% leased, and 200000square feet of space in the JPMorgan Chase Building will be available for lease.[3]

Building features

The building has a total of 800000square feet of space. On the ground floor the building has a 15000square feet retail banking center. The banking center has 43feet ceilings, floors and walls made of marble, and large stained glass windows.[3] The building once had a rotating illuminated Gulf sign on the top, which was removed in March 1974.[5] On August 30, 2010 the 27th floor of the building caught fire. The fire quickly escalated from one, to two, to three alarms within 30 minutes as firefighters tried to battle the blaze with low water pressure.

2010 fire

On August 30, 2010, an alarm was called at about 8pm for a fire on the 27th floor. The Houston Fire Department responded with 3 alarms and 270 men.[6] The fire was officially extinguished at 11:20 pm. Due to a broken pipe, HFD had to pipe water directly into the building.[7] During the course of extinguishing the blaze, six firefighters were injured. They were taken to a local hospital and later released.[8]

See also

Notes and References

  1. Web site: Emporis building ID 117712 . https://web.archive.org/web/20160120192946/https://www.emporis.com/buildings/117712 . dead . January 20, 2016 . Emporis.
  2. Web site: JPMorgan Chase . 2009-01-14 . dead . https://web.archive.org/web/20081020223009/http://www.ghpa.org/awards/2004/chase.html . 2008-10-20 .
  3. News: Sarnoff, Nancy . Historic downtown Chase building sold . The Houston Chronicle . February 12, 2010 . February 24, 2010.
  4. Web site: Gulf Building, Houston . Texas State Historical Association . Victor . Sally S. . April 22, 2013.
  5. Web site: Former Gulf Building gets high honor - Bayou City History . 2014-02-22 . live . https://web.archive.org/web/20160304092704/http://blog.chron.com/bayoucityhistory/2008/11/former-gulf-building-gets-high-honor/ . 2016-03-04 .
  6. http://www.click2houston.com/news/24820289/detail.html Cause Not Yet Known In 3-Alarm High-Rise Fire
  7. News: Mike . Glenn . Cleanup continues at Houston's JP Morgan Chase . The Houston Chronicle . 30 August 2010 . 8 September 2012.
  8. News: Building still closed day after skyscraper blaze . ABC13 . 31 August 2010 . 8 September 2012.