CYPRESS – Chevron has acquired more than 77 acres in Cypress’ Bridgeland community for a possible research and development campus.
The California-based oil giant purchased the land from real estate developer Howard Hughes within the 11,500-acre master-planned community about 33 miles northwest of downtown Houston.
The land was purchased for an undisclosed price in two transactions—in December 2022 and last month—according to Harris County deed records.
Chevron has not announced any final decisions about the new R&D campus.