Jun 20, 2016
Tower construction halted to wait for better economic climate
HOUSTON - Skanska USA Commercial Development's Capitol Tower at 811 Rusk St. in downtown Houston won't progress until market conditions improve, a Skanska spokesperson told the Houston Business Journal. "Since we...
HOUSTON – Skanska USA Commercial Development’s Capitol Tower at 811 Rusk St. in downtown Houston won’t progress until market conditions improve, a Skanska spokesperson told the Houston Business Journal. 
"Since we self finance our (projects), we do not have set preleasing requirements," said Elizabeth Miller, director of communications for Skanska’s northeast division.
"Rather, we evaluate each potential leasing deal and the market conditions to determine the construction start of our projects."
The site of the 35-story, 750,000-sf tower is bound by Capitol St., Rusk St., Milam St., and Travis St.
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