Hewlett Packard Enterprises Scheduled to Begin Construction on New Campus in Q4 2019

Spring, Texas – December 1, 2018: A joint venture of Patrinely Group, USAA Real Estate and CDC Houston, recently announced plans to develop Hewlett Packard Enterprise’s (HPE) new campus. Located in Spring, Texas, this development will be located in CityPlace at Springwoods Village, joining HP Inc. (HPI), Southwestern Energy (SWN) and the American Bureau of Shipping (ABS).

Scheduled to break ground in the fourth quarter of 2019, the HPE development will consist of two buildings located in the southwest corner of East Mossy Oaks Road and Lake Plaza Drive. The development will be approximately 568,000 square feet of rentable space.

Antonio Neri, President and CEO of Hewlett Packard Enterprise, shared that “The city of Houston remains a top location for Hewlett Packard Enterprises. We asked our employees what they were looking for in a new site. They wanted a vibrant setting, easy access to amenities, major highways, and a location close to their homes. CityPlace checked all of those boxes.”

CityPlace is a 60-acre, fully-integrated, mixed-use development that provides the Grand Parkway corridor with a new destination of choice. When fully developed, the project will include the recently opened full-service Houston CityPlace Marriott, 4 million square feet of Class A office space, 400,000 square feet of integrated retail space, and additional luxury multifamily projects. The development’s five to 10-story Class A office buildings will offer parking at a ratio of up to 4.5 cars per 1,000 rentable square feet, with spaces located in all structured parking.

“We are very pleased with the continued momentum of Springwoods Village as CityPlace becomes the new urban center in north Houston,” said Warren Wilson, executive vice president of CDC Houston, the developer of Springwoods Village.

For more information about CityPlace at Springwoods Village, visit www.cityplacespringwoods.com.