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News/Press Releases

July 1, 2011

Uptown Celebrates Monumental Groundbreaking

BBVA Building PlanRecently, BBVA Compass, The Redstone Companies and Stream Realty Partners marked the start of construction on a new corporate office building. The ceremonial first shovel officially broke ground on the new addition to Uptown, a 22-story, 312,000 square-foot LEED® gold certified building. BBVA Compass will centralize the bank’s local executives, multiple business areas and staff units under a single roof, and occupy approximately six floors.

“This new office represents BBVA Compass’ future home here in Houston where our employees can work in one unified location, a place designed for collaboration and the way people want to work today,” said Manolo Sanchez, BBVA U.S. Country Manager and President and CEO of BBVA Compass.

With this development, The Redstone Companies and Stream Realty Partners have found their perfect partner for its project. “From the day we purchased this land in the early 1990s to the demolition of the long-standing Compass Bank building in 2009, it was always our vision to build a crown jewel in the heart of Uptown,” said Steve Lerner, President & CEO of Redstone Companies Real Estate. “BBVA Compass has been a wonderful partner since they first came to Houston and we could not be happier to celebrate this milestone with them here today.”

Welcome to Uptown!

More information can be found at  www.bbvacompass.com and www.redstonecompanies.com.