Photo: Jerry Baker, Freelance / For The Chronicle
Hewlett Packard Enterprise will follow its former colleagues at HP to new office space in Springwoods Village, a master-planned community just south of The Woodlands in Spring.
Patrinely Group, USAA Real Estate and CDC Houston, which will jointly develop HPE’s new home, announced the deal Wednesday.
The development will comprise two buildings totaling 568,000 square feet at the southwest corner of East Mossy Oaks Road and Lake Plaza Drive. Construction is scheduled to begin in the fourth quarter of next year.
President and CEO Antonio Neri said Houston remains a top location for the Palo Alto, Calif.-based HPE. The company’s Houston office conducts research and development as well as sales, support and supply chain functions.
“We asked our employees what they were looking for in a new site. They wanted a vibrant setting, easy access to amenities and major highways, and a location close to their homes,” Neri said in the announcement.
Last year, Patrinely and its partners announced plans for HP Inc. to move into 378,000 square feet of newly developed space in Springwoods Village near Interstate 45 North and the Grand Parkway. Both companies have been at a campus near Texas 249 and Louetta.
When completed the buildings will be in CityPlace, Springwood Village’s 60-acre commercial district. Exxon Mobil, Southwestern Energy and the American Bureau of Shipping also have campuses there.
“The opportunity to develop HPE’s campus is a testament to the attractiveness of CityPlace. We are creating a unique, walkable, mixed-use destination,” Robert Fields, President and CEO of Patrinely Group, said. “The addition of HPE is a major milestone and reinforces the strength of this new urban center in north Houston.”
HP, which separated from HP Enterprise in 2015, makes and sells printers, PCs and mobile devices. At that time, the company’s name was shortened from Hewlett Packard, which had gained a major foothold in Houston with the acquisition of Houston-based Compaq Computer Corp. in 2002.
Ronnie Deyo and Beau Bellow of JLL represented HPE. Dennis Tarro of Patrinely Group, and Chrissy Wilson and Russell Hodges of JLL represented the landlord.