2000 St. James Place

Last updated March 03, 2019

2000 St. James Place is a 12-story,^[1] 335,000 square foot (31,100 m2) office building in Houston, Texas. It formerly housed the headquarters of Minute Maid.^[2] The building is located on a 6 acres (2.4 ha) site,^[1] and is in proximity to The Galleria.^[3]

Houston is the most populous city in the U.S. state of Texas and the fourth most populous city in the United States, with a census-estimated population of 2.312 million in 2017. It is the most populous city in the Southern United States and on the Gulf Coast of the United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth most populous metropolitan statistical area (MSA) in the United States and the second most populous in Texas after the Dallas-Fort Worth MSA. With a total area of 627 square miles (1,620 km²), Houston is the eighth most expansive city in the United States ; it is the largest city in the United States by total area, whose government is similarly not consolidated with that of a county or borough. Though primarily in Harris County, small portions of the city extend into Fort Bend and Montgomery counties.

Texas is the second largest state in the United States by both area and population. Geographically located in the South Central region of the country, Texas shares borders with the U.S. states of Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the west, and the Mexican states of Chihuahua, Coahuila, Nuevo León, and Tamaulipas to the southwest, while the Gulf of Mexico is to the southeast.

Minute Maid is a product line of beverages, usually associated with lemonade or orange juice, but which now extends to soft drinks of many kinds, including Hi-C. Minute Maid is sold under the Cappy brand in Central Europe and under the brand "Моя Семья" in Russia and the Commonwealth of Independent States. Minute Maid was the first company to market orange juice concentrate, allowing it to be distributed throughout the United States and served year-round. The Minute Maid Company is owned by The Coca-Cola Company, the world's largest marketer of fruit juices and drinks. The firm opened its headquarters in Sugar Land Town Square in Sugar Land, Texas, United States, on February 16, 2009; previously it was headquartered in the 2000 St. James Place building in Houston.

History

2000 St. James Place was built in 1978.^[1] In 1985, The Coca-Cola Company purchased the property from Bechtel Corporation, to be used as the headquarters of Minute Maid, a subsidiary of Coca-Cola. Minute Maid moved into 2000 St. James Place in 1986.^[4] In 2006, the building underwent an $11.8 million renovation. In 2007, Coca-Cola sold the building to Cameron Management, Wachovia Bank (now Wells Fargo), and a group of local investors for an undisclosed amount. Coca-Cola then leased 150,000 square feet (14,000 m²) of space in the building to continue housing the Minute Maid headquarters until the headquarters were moved to Sugar Land Town Square in Sugar Land, Texas.^[5] Anticipating the departure of Minute Maid, Cameron Management planned to market the building as having the largest block of contiguous office space in the Uptown area.^[3]

The Coca-Cola Company is an American corporation, and manufacturer, retailer, and marketer of nonalcoholic beverage concentrates and syrups. The company is best known for its flagship product Coca-Cola, invented in 1886 by pharmacist John Stith Pemberton in Atlanta, Georgia. The Coca-Cola formula and brand were fully bought with US$2,300 in 1889 by Asa Griggs Candler, who incorporated The Coca-Cola Company in Atlanta in 1892.

Coca-Cola, or Coke, is a carbonated soft drink manufactured by The Coca-Cola Company. Originally intended as a patent medicine, it was invented in the late 19th century by John Stith Pemberton and was bought out by businessman Asa Griggs Candler, whose marketing tactics led Coca-Cola to its dominance of the world soft-drink market throughout the 20th century. The drink's name refers to two of its original ingredients: coca leaves, and kola nuts. The current formula of Coca-Cola remains a trade secret, although a variety of reported recipes and experimental recreations have been published.

Wells Fargo & Company is an American multinational financial services company headquartered in San Francisco, California, with central offices throughout the United States. It is the world's fourth-largest bank by market capitalization and the third largest bank in the US by total assets. Wells Fargo is ranked #26 on the 2018 Fortune 500 rankings of the largest US corporations by total revenue. In July 2015, Wells Fargo became the world's largest bank by market capitalization, edging past ICBC, before slipping behind JPMorgan Chase in September 2016, in the wake of a scandal involving the creation of over 2 million fake bank accounts by Wells Fargo employees. Wells Fargo fell behind Bank of America to third by bank deposits in 2017 and behind Citigroup to fourth by total assets in 2018.

Post Minute Maid

On February 16, 2009, Minute Maid moved its headquarters from 2000 St. James Place to Sugar Land Town Square.^[6] In 2009, 2000 St. James Place became the only office building in Texas—and one of only 49 buildings in the United States—to receive the LEED-EB v2.0 Gold certification.^[1] In 2010, Wachovia Bank foreclosed the vacant building, taking it from owner Cameron Management Inc. The building was offered for sale on May 4, 2010 at the Harris County courthouse, but there were no buyers.^[2]

Weatherford

In late 2010, Weatherford International signed a lease agreement on the entire property.^[7] With the relocation of Weatherford to this building, Luby's Inc., particularly their Culinary Services Division, now serves as their cafeteria provider. A Salad Bar, Deli, Main Line, Global Bar, Juice Bar, and Grill is open every weekday from 7:00am–10:00am for breakfast and 11:00am–2:00pm for lunch.

Weatherford International plc, an Irish-domiciled company, is one of the largest multinational oil and natural gas service companies. The company provides products and services for drilling, evaluation, completion, production and intervention of oil and natural gas wells, along with pipeline construction and commissioning. Headquartered in Baar, Switzerland, Weatherford operates in more than 100 countries across the globe and employs more than 35,000 people (2016).

A building, or edifice, is a structure with a roof and walls standing more or less permanently in one place, such as a house or factory. Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, and aesthetic reasons. To better understand the term building compare the list of nonbuilding structures.

Luby's, Inc. operates restaurants under the brands Luby's, Fuddruckers, Koo Koo Roo, and Cheeseburger in Paradise. It was founded in 1947 in San Antonio, Texas, United States by Robert Luby (1910-1998).

Design

Nearly one third of the building's site is landscaped to reduce heat island effects and storm water drainage. The property has high efficiency chillers installed, an automation control system managed through a Web-based user interface, and to save energy, designers coated the roof with special material.^[1] The building has a cafeteria, a fitness center, and 1,230 parking spaces.^[5]

Related Research Articles

Sugar Land is a city in Fort Bend County, Texas, United States, located in the southwestern part of the Houston–The Woodlands–Sugar Land metropolitan area. Located about 19 miles (31 km) southwest of downtown Houston, Sugar Land is a populous suburban municipality centered around the junction of Texas State Highway 6 and U.S. Route 59. Beginning in the 19th century, the present-day Sugar Land area was home to a large sugar plantation situated in the fertile floodplain of the Brazos River. Following the consolidation of local plantations into Imperial Sugar Company in 1908, Sugar Land grew steadily as a company town and incorporated as a city in 1959. Since then, Sugar Land has grown rapidly alongside other edge cities around Houston, with large-scale development of master-planned communities contributing to population swells since the 1980s.

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References

1 2 3 4 5 Dawson, Jennifer. "2000 St. James Place office building first in Texas with stringent LEED rating." Houston Business Journal . Tuesday August 18, 2009. Modified on Wednesday August 19, 2009. Retrieved on May 14, 2010.
1 2 Dawson, Jennifer. "Foreclosure squeezes 2000 St. James Place building." Houston Business Journal . Friday May 14, 2010. Retrieved on May 14, 2010.
1 2 Dawson, Jennifer. "Coca-Cola sells Minute Maid Building." Houston Business Journal . Monday October 29, 2007. Retrieved on May 14, 2010.
↑ Dawson, Jennifer. "Big Firms Moving to Suburbs, part II." Houston Business Journal . Friday July 27, 2007. Retrieved on June 17, 2009.
1 2 Dawson, Jennifer. "Minute Maid will lease back space after building sale to local buyers." Houston Business Journal . Friday November 2, 2007. Retrieved on May 14, 2010.
↑ Dawson, Jennifer. "Minute Maid headquarters opens in Sugar Land." Houston Business Journal . Monday February 16, 2009. Retrieved on May 14, 2010.
↑ Sarnoff, Nancy (2010-09-24). "Weatherford to occupy old Minute Maid building". Houston Chronicle. Hearst Newspapers. Retrieved 2013-04-12. Weatherford International has signed a lease for the 12-story, 335,000-square-foot office building at 2000 St. James Place. The Swiss-based oil-field service company will consolidate its Houston-based corporate support and regional management offices into the building in 2012. "With the market the way it is we just felt this was a golden opportunity to bring all of our people together and provide them with a much better office environment," said Jo-Lynne Busic, director of global real estate and construction for Weatherford, which was represented in lease negotiations by Charles Gordon and Craig Beyer of CB Richard Ellis. The relocation is expected to bring together 1,300 Weatherford employees and reduce its Houston property cost structure, Busic said. The company now occupies space in three other Galleria-area buildings and one near Bush Intercontinental Airport.

External links

Coordinates: 29°44′45″N95°28′24″W / 29.7457°N 95.4732°W / 29.7457; -95.4732

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[DawsonStJamesLeed-1] 1 2 3 4 5 Dawson, Jennifer. "2000 St. James Place office building first in Texas with stringent LEED rating." Houston Business Journal . Tuesday August 18, 2009. Modified on Wednesday August 19, 2009. Retrieved on May 14, 2010.

[Dawsonforeclose-2] 1 2 Dawson, Jennifer. "Foreclosure squeezes 2000 St. James Place building." Houston Business Journal . Friday May 14, 2010. Retrieved on May 14, 2010.

[DawsonCocasells-3] 1 2 Dawson, Jennifer. "Coca-Cola sells Minute Maid Building." Houston Business Journal . Monday October 29, 2007. Retrieved on May 14, 2010.

[DawsonBigfirms-4] Dawson, Jennifer. "Big Firms Moving to Suburbs, part II." Houston Business Journal . Friday July 27, 2007. Retrieved on June 17, 2009.

[DawsonMinleaseback-5] 1 2 Dawson, Jennifer. "Minute Maid will lease back space after building sale to local buyers." Houston Business Journal . Friday November 2, 2007. Retrieved on May 14, 2010.

[6] Dawson, Jennifer. "Minute Maid headquarters opens in Sugar Land." Houston Business Journal . Monday February 16, 2009. Retrieved on May 14, 2010.

[Chron2010-7] Sarnoff, Nancy (2010-09-24). "Weatherford to occupy old Minute Maid building". Houston Chronicle. Hearst Newspapers. Retrieved 2013-04-12. Weatherford International has signed a lease for the 12-story, 335,000-square-foot office building at 2000 St. James Place. The Swiss-based oil-field service company will consolidate its Houston-based corporate support and regional management offices into the building in 2012. "With the market the way it is we just felt this was a golden opportunity to bring all of our people together and provide them with a much better office environment," said Jo-Lynne Busic, director of global real estate and construction for Weatherford, which was represented in lease negotiations by Charles Gordon and Craig Beyer of CB Richard Ellis. The relocation is expected to bring together 1,300 Weatherford employees and reduce its Houston property cost structure, Busic said. The company now occupies space in three other Galleria-area buildings and one near Bush Intercontinental Airport.