New tower slated for former Chronicle site downtown

Hines is breaking ground on a 47-story office tower downtown it says will be a next-generation building.

Continue clicking to see past Hines developments that have transformed Houston's skyline. Hines is breaking ground on a 47-story office tower downtown it says will be a next-generation building.

Continue clicking to see past Hines developments that have transformed Houston's skyline. Photo: Renderings Courtesy Of Hines Photo: Renderings Courtesy Of Hines Image 1 of / 50 Caption Close New tower slated for former Chronicle site downtown 1 / 50 Back to Gallery

Hines is starting construction on its newest downtown tower, a 47-story skyscraper on Texas Avenue at the former site of the Houston Chronicle.

The Houston-based, international real estate firm, which will move its own global headquarters to the building after more than 45 years in the Galleria area, said the design is focused on needs of office tenants to attract the best workers in their fields.

The yet-to-be-named building is a partnership between Hines and Ivanhoé Cambridge, a Canadian development and investment firm. It is scheduled to open in 2021.

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In addition to the Hines lease, Vinson & Elkins, the largest and one of the oldest law firms in Houston, will occupy the top seven floors. The firm signed a 16-year lease for 212,000 square feet of space.

At HoustonChronicle.com, read about Hines' decision to go forward with the new tower and what it says about confidence in the city's economy.