Daniel Abate, Chevron’s head of corporate real estate, said plans include a research and development campus “to advance our work toward achieving a lower carbon energy future.”
“Chevron's acquisition marks a pivotal moment for Bridgeland as the community enters its next phase of development as a leading job center for the region,” said Jim Carman, president of the Houston region for Howard Hughes, in the release. “One of the top-selling communities in the country, Bridgeland is poised to benefit from the influx of businesses and their employees seeking to live and work in a centralized location that offers commercial opportunities as well as single-family and multifamily housing options to meet growing demand.”
Last fall, Community Impact reported an announcement about plans for an H-E-B and a mass timber office building at Bridgeland Central. The project is expected to feature office, retail, dining, medical, hospitality and entertainment spaces.
Bridgeland, the largest master-planned community in Cypress, is set to see record-setting home sales in 2023, officials said.