1902 Market Street, Galveston, TX 77550

One Moody Plaza is a 23-story, 395,182 square foot office tower located at 1902 Market Street in Downtown Galveston, Texas. Completed in 1972 and designed by Neuhaus & Taylor, the building was the tallest in Galveston County for over three decades, standing at 357.6 feet. Originally the headquarters of American National Insurance Company, the building has a deep institutional legacy in the Galveston market. In 2021, One Moody Plaza was listed on the National Register of Historic Places and designated a Recorded Texas Historic Landmark, potentially making it eligible for federal and state historic tax credit programs. The building is well-suited for lease-up, capital improvement, or adaptive repositioning. Galveston draws millions of visitors annually and supports a growing residential and commercial base, which points to sustained demand for quality office and mixed-use space in the downtown core. The City of Galveston’s Economic Development team is willing to assist prospective buyers with community information, major industry data, economic development resources, and buyer-specific questions related to the asset. The city anticipates nominating the property’s census tract for inclusion in the next Opportunity Zone program, with confirmation expected in 2026 and potential program effectiveness in 2027, subject to State acceptance.