capnmcbarnacle Posted January 30, 2014 Share Posted January 30, 2014 That was the plan until they announced cost cuts last month. The cuts included delays in the new downtown Houston, Bakersfield, Covington, and Pittsburgh offices. I don't mean to imply that anyone is pulling the plug. The project already has money to do preliminary engineering and this will continue, though at a slower pace than expected before. The final decision will determine whether and when they get the remaining 90% of the money for the project to proceed. FWIW, I heard that the final decisions on the offices you mentioned, Bakersfield, Covington, and Pittsburgh (i.e., the extent of eventually moving part of those operations to Houston and obviating the necessity of new construction there), is what delayed the Houston tower, and that the Houston tower will be appropriately funded once those decisions are made. It's worth noting that Chevron is moving forward with its Midland campus (uh-oh, a campus!), presumably because their future presence and needs have been well-settled. Quote Link to comment Share on other sites More sharing options...
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