By July 1, over 2,100 employees will have relocated from the bank’s former headquarters to the first 12 floors of the tower.
Weston Urban purchased the 103-year-old building at the southeast corner of Flores and Commerce streets late last month.
City Council approved a $59.5 million contract for renovations to the existing Frost Tower that City staff will move into in 2021.
The Frost Bank logo was hoisted into place atop the Frost Tower Thursday, another milestone in construction of the 23-story high-rise in downtown San Antonio.
The price of downtown’s Class A office space is rising sharply as demand grows, inventory shrinks, and, at last, new opportunities fill the skyline.
Frost Tower, the first office high-rise to join downtown’s skyline in three decades, has reached its full height and will open for business in 2019.
Eight new projects totaling more than 2 million square feet of rentable office space are either under construction or significantly through the development pipeline.
On track for its early 2019 completion date, the newest addition to San Antonio’s skyline was celebrated Thursday as a “topping out” ceremony was held.
During a hard-hat tour of the Frost Tower, the Rivard Report got an early look at got an early look at the construction of what will be a 24-story building.
Plans for the proposed 23-story Frost Bank Tower received unanimous conceptual approval and praise for its overall design from the Historic Design and Review Commission (HDRC) Wednesday, but commissioners urged the project planners and architects to make adjustments to the “pedestrian experience” the office tower will create.