Hewlett Packard Enterprise Relocates HQ From San Jose To Houston
Hewlett Packard Enterprise will relocate its corporate headquarters from San Jose, California, to Houston, the company announced as part of its fourth-quarter 2020 earnings report.
Houston is HPE’s largest U.S. employment hub, and the firm is already constructing a new 440K SF campus within CityPlace, the urban and commercial center of Springwoods Village, a 2,000-acre master-planned community in north Houston.
HPE said the San Francisco Bay Area will continue to be a strategic hub for HPE innovation, and that the company will consolidate a number of sites in the Bay Area to its San Jose campus. No layoffs are associated with the move.
“As we look to the future, our business needs, opportunities for cost savings, and team members’ preferences about the future of work, we are excited to relocate HPE’s headquarters to the Houston region,” HPE CEO Antonio Neri said in a press release from Texas Gov. Greg Abbott’s office.
“Houston is an attractive market to recruit and retain future diverse talent and where we are currently constructing a state-of-the-art new campus. We look forward to continuing to expand our strong presence in the market.”
The announcement is the latest in a wave of recent corporate relocations from California to Texas. In July, Tesla announced it planned to build a $1.1B new electric vehicle factory in Austin, while in late October, CBRE announced plans to relocate its corporate HQ from Los Angeles to Dallas.
Even during the coronavirus pandemic, Houston has continued to attract new projects, expansions and corporate relocations. Last month, the Greater Houston Partnership told Bisnow that Houston had signed 17 new economic development projects in 2020.
“HPE’s headquarters relocation is a signature moment for Houston, accelerating the momentum that has been building for the last few years as we position Houston as a leading digital tech hub,” Greater Houston Partnership President and CEO Bob Harvey said in a statement.
“Houston has long been a hub for global innovation and offers leading tech companies a deep bench of digital and corporate talent to drive success. We are excited HPE leadership recognized this, and look forward to welcoming the headquarters team to Houston."
Developers topped out the new HPE campus in Springwoods Village in October. The campus consists of two five-story buildings totaling about 440K SF and is slated to open in spring 2022. The buildings are at the southwest corner of East Mossy Oaks Road and Lake Plaza Drive and will have a bridge connector at each level. There will also be structured parking for 2,055 cars.