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Tue Mar 19, 2013, 12:14 AM

New tower to help show Midland as the ‘Oil Capital of America’

Energy Related Properties officially announced Energy Tower at City Center today during a press conference at Centennial Plaza, the future site of the proposed City Center.

The tower will be 53 stories with one underground retail floor and five basement parking floors, effectively making a total of 59 floors, according to the fact sheet given to the press.

Bill Meyer, a partner with Energy Related Properties, said during the conference the building is a “celebration of resuscitation.”

“Part of this is that we would rename, sort of, our logo and call Midland ‘the Oil Capital of America’ because it is,” Meyer. “It really is.

More at http://www.mywesttexas.com/top_stories/article_3d45e4f6-9000-11e2-ad2a-0019bb2963f4.html .

Fifty-three stories for a building in Midland? The tallest building there is only 24 stories. It seems like there will be a glut of office space on the market.

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Reply New tower to help show Midland as the ‘Oil Capital of America’ (Original post)
TexasTowelie Mar 2013 OP
mbperrin Mar 2013 #1
TexasTowelie Mar 2013 #2
TexasTowelie Jul 2013 #3
Paladin Jul 2013 #4

Response to TexasTowelie (Original post)

Tue Mar 19, 2013, 01:24 AM

1. There's already a huge glut. Several buildings in downtown Midland

are completely empty and have been for years.

But that's Midland for ya - image triumphs over all.

(Now if you detected a bit of Odessa smirk there, you did.)

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Response to mbperrin (Reply #1)

Tue Mar 19, 2013, 01:33 AM

2. Zing!



I wasn't aware of the real estate market in Midland, but a building of that size in a city of about 115,000 people does seem a bit monumental. They should revise the blueprints and build it in the shape of a phallus since it was home of George W. Bush and everyone knows how much he screwed the state and the nation (oh yeah, I did type that)!

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Response to TexasTowelie (Original post)

Wed Jul 10, 2013, 05:49 PM

3. An article from the Houston Chronicle:

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Response to TexasTowelie (Original post)

Wed Jul 10, 2013, 06:55 PM

4. Gotta keep up with Devon's 50+ Story Tower in Oklahoma City.


And Midland has a long way to go before it's even close to Houston for "Oil Capital of America" status.

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