Exhibit 3

Case 2:24-cv-00093-JRG Document 102-3 Filed 11/05/24 Page 1 of 11 PageID #: 5009
Hewlett Packard Enterprise set to move into its new global headquarters in Spring 10/25/24, 3:33 PM

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BUSINESS // REAL ESTATE

By Marissa Luck, Sta% writer

Updated Feb 16, 2022 7:33 p.m.

Hewlett Packard Enterprise set to

move into its new global headquarters

in Spring

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Hewlett Packard Enterprise set to move into its new global headquarters in Spring 10/25/24, 3:33 PM

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Hewlett Packard Enterprise is opening its new global headquarters

north of Houston as construction wraps up soon on its 440,000

square-foot campus.

Contractors are nearly Anished with building out the campus and

employees have started to move into the space on a voluntary basis,

said Adam Bauer, HPE spokesman, in an email. 

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HPE has about 2,200 employees in the Houston area, Bauer said,

although he declined to say the exact number working out of the

Spring campus. 

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Hewlett Packard Enterprise is opening its new global headquarters north of Houston this week.

Patrinely Group

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Hewlett Packard Enterprise set to move into its new global headquarters in Spring 10/25/24, 3:33 PM

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The new 60-acre campus is now the global headquarters for HPE,

which announced its plans to relocate from California in December

2020. The campus is expected to become the company’s primary

location for research and development, sales operations, supply

chain, Anance, human resources and marketing.

Because HPE still allows employees to work remotely, its campuses

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are expected to act like "collaborative cultural centers" where

employees can gather for meetings and events, HPE's chief

executive, Antonio Neri, previously said during a fall 2021 lecture

hosted by Rice University’s Baker Institute. 

The new campus design include open, collaborative workspaces and

lab space, where face-to-face interactions could boost the speed of

innovation, Neri said.

Hundreds of employees from San Jose to Houston were expected to

move gradually over time once the campus opens, he said.

Related: HPE's move could spur "technology renaissance" in Houston

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Located at 1701 East Mossy Oaks Road, HPE’s new digs are about

26 miles north of downtown Houston within City Place, the mixeduse development formerly known as Springwoods Village where

Exxon Mobil is also moving its headquarters.

Developed by Patrinely Group, USAA Real Estate and CDC Houston,

HPE’s campus includes two, Ave-story buildings connected by

bridges at each level. The campus includes indoor and outdoor

amenities, including a fully landscaped roof terrace overlooking a

large central courtyard. It's also a LEED Silver certiAed campus,

meaning it meets internationally recognized sustainable design

standards set by the U.S. Green Building Council.

 A company managed by co-developer CDC Houston – a subsidiary

of Coventry Development Corporation, New York – recently bought

out its partners in the campus' real estate and now owns 100

percent of the real estate.

“Reaching this campus milestone is a testament to the strength and

capabilities of our partnership with Patrinely Group and USAA Real

Estate, which has proven itself time and again in its abilities to

thoughtfully and efAciently deliver large scale, premium projects in a

location that has become one of Houston’s top corporate campus

hubs,” said Robert Asselbergs, President of Coventry Development

Corporation. “We are excited about this purchase, which not only

buoys the JV, but also reinforces our long-term commitment to the

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increasingly vibrant City Place.”

City Place growth 

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Over the past Ave years, City Place developers Patrinely Group,

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USAA Real Estate and CDC Houston have jointly built out 1.5 million

square feet of commercial ofAce and retail within the urban core of

City Place, including the headquarters of the American Bureau of

Shipping, along with major ofAces for HP Inc. and Southwestern

Energy. The development also includes a 24 Hour Fitness Super Sport

Gym and a 10-screen Star Cinema Grill. Exxon Mobil has a sprawling

385-acre campus spread over about 20 buildings in City Place.

Once HPE employees move in to their new digs and other City Place

employers bring workers back to the ofAce, City Place will have about

20,000 employees working within the development, estimates

Warren W. Wilson, executive vice president at CDC Houston, the codeveloper behind City Place, in an interview. 

New ofAce growth is happening alongside residential expansion as

the developer tries to tap into the demand from ofAce workers

seeking to live nearby.

Last year, CDC Houston unveiled a new partnership with DMB

Development to develop thousands of residential units within City

Place at the coneuence of Interstate 45, the Grand Parkway and

Hardy Toll Road.

Wilson said in a January interview that CDC was preparing to start

clearing out 400 acres of land on the western side of City Place to

accommodate future construction of single-family homes in addition

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Hewlett Packard Enterprise set to move into its new global headquarters in Spring 10/25/24, 3:33 PM

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Feb 16, 2022 | Updated Feb 16, 2022 7:33 p.m.

Marissa Luck

SENIOR REAL ESTATE REPORTER

Marissa Luck is a senior real estate reporter at Houston Chronicle. She can be

reached at marissa.luck@houstonchronicle.com.

to the 1,100 apartments and 160 single-family homes already in City

Place. Once the project is fully built out, City Place is expected to

encompass as many as 2,500 to 3,000 single family homes.

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Overall, CDC and its partners are planning another 2.5 million square

feet of commercial ofAce, retail and residential in City Place.

“We’re basically going full speed ahead,” Wilson said.

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Previously, Luck covered commercial real estate in Texas for CoStar News;

real estate for Austin Business Journal; energy for Houston Chronicle; and

business news for The Daily News in Longview, Wash. She’s won awards from

Society of Professional Journalists and National Association of Real Estate

Editors, and her byline has appeared in numerous publications nationally.

Originally from Hawaii, Luck grew up in the Paci]c Northwest and studied

international political economy at The Evergreen State College in Olympia,

Wash. She now lives in Midtown Houston.

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