The Cupertino Courier

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HP plans to vacate six buildings in Cupertino

By Emilie Crofton

Hewlett-Packard will vacate six buildings it owns in Cupertino as part of the company's ongoing efforts to reduce the amount of under-utilized space.

The move--including three buildings being vacated in Palo Alto--will reduce campuses in each city by about one-fourth, said HP spokesman Ryan Donovan.

HP provides technology to consumers, businesses and institutions worldwide.

"This initiative includes co-locating businesses where possible to increase efficiency, vacating some buildings to improve utilization and renovating other buildings with seismic upgrades," Donovan said.

The move was part of the company's previously announced four-year effort to reduce real estate costs and upgrade work environments.

Several hundred HP locations worldwide will be consolidated to fewer core sites.

No job losses will result from the real estate changes in Cupertino or Palo Alto, Donovan said.

According to Donovan, buildings 1,2 and 3 at 19333 Vallco Parkway, next to the J.C Penney at Cupertino Square, will be vacated. HP will also vacate buildings 42, 43 and 48, on the west side of the main campus between Pruneridge Avenue and Homestead Road.

Seismic upgrades and renovations will be made to building 47 at 19447 Pruneridge Ave.

Future plans for the buildings have yet to be determined, said Donovan. It's anticipated that the changes will take place over the next few years.

"HP is continuing to evaluate options that will ensure efficiency while preserving adequate space for continued growth," Donovan said.

In recent years HP has sold several acres in Cupertino. In February the company sold 17 acres near Wolfe Road and Stevens Creek Boulevard to Sand Hill Properties. In 2005, HP sold three office buildings along Tantau Avenue. The property is now owned by Apple Inc.

Building 41, adjacent to building 42, was demolished three years ago.