Frost Tower Project Reaches Construction Milestone
Construction of the new Frost Bank tower, which broke ground in 2017, and it is now officially halfway complete, according to a bank spokesman.
Workers at the nearby downtown headquarters are expected to move into their new $142 million building on West Houston Street next summer, said Bill Day, vice president of communications at Frost.
He said bank employees will be housed in the lower 15 floors of the 23-story building that houses 460,000 square feet of office space.
“We will begin ... the interior design of the Frost space after we take control of the building,” Day said. “We’ve been told some of us will start moving over there in the summer of 2019, and we are really, really looking forward to it.”
Day said the building's remaining office space is expected to go fast.
“Think it will be very competitive,” he said. A lot of companies will want to be in the newest office building in San Antonio because, remember, that’s the first office tower that has been built in San Antonio in 25 years.”
Once Frost moves out of its current headquarters, also on West Houston, the city will move into that building as part of a previously announced purchase deal.
Day hopes San Antonians will be just as proud of the new tower as Frost is.
“The main thing is we wanted it to be a landmark building in San Antonio,” he said. “We wanted it to be something that would stand out on the skyline, look different and modern, and be something the city could be proud of.”
The bank’s web site said Frost is one of the top 50 biggest banks in the nation, with $31 billion in assets, 4,300 employees, and 130-financial centers across Texas.
Brian Kirkpatrick can be reached at tpr.org
EDITOR'S NOTE: Bill Day is a member of Texas Public Radio's board of directors.