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Amarillo energy surge to $42M downtown officeAmarillo energy surge to $42M downtown officehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=165942017-05-23T05:00:00Z2017-05-23T21:35:00Z

​​​AMARILLO – Xcel Energy christened its new downtown office building with the company’s annual shareholders meeting marking the latest step in the company’s surge into the future.

The $42 million building—owned by SunTrust Banks real estate investment group—was built to be leased to Xcel for the next 20 years. 

More than 300 employees are expected to move in​ within days.

With 15 to 20 sparkling conference rooms and a three-story parking garage flanked by businesses such as Jimmy John’s, spokesperson Wes Reeves said he expects to host more visitors and poach millennial professionals from Texas’ larger markets.

​​​“Younger workers have different expectations of the way a workplace should look and feel, and part of that is these collaborative-type spaces,” Reeves said.

Xcel Energy building facts include:

Address: 790 S. Buchanan St.
Developer: Opus Group of Minnesota
Square feet: 114,000
Estimated cost: $41 million
Construction began: April 2016
What it used to be: Renaissance Office Park, Renaissance Condominiums and city parking tracts (all demolished)
Amarillo Globe-News
Amarillo
Office
http://amarillo.com/news/local-news/business/2017-05-16/xcel-opens-new-downtown-building-shareholders-meeting#Source: {Source}

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