ConocoPhillips refining offshoot Phillips 66 will build a new headquarters facility no more than 10 miles away from the company’s current location, “within the I-10 and Beltway 8 corridors,” according to an email sent to employees this morning. The company had already indicated that Phillips 66 employees would leave the company’s iconic current facility at Dairy Ashford and Eldridge, but the announcement that the oil company’s headquarters will be built from scratch is new.
After the separation of the 2 companies becomes complete near the middle of this year, ConocoPhillips will become a separate exploration and production company and Phillips 66 will take over the refining, marketing, midstream, and chemicals businesses. The email, sent by the future chairmen and CEOs of both companies, indicates Phillips 66 personnel will move to “two or three” temporary locations for the 2 to 3 years it will take for the new facility to be constructed. Those temporary offices will be in the company’s current space at the Two and Three Westlake Park office buildings on Memorial Dr. east of George Bush Park and additional space in an unidentified building in the Westchase District near Beltway 8 and Westheimer. To make room for them, ConocoPhillips employees in the Westlake buildings and an office building at 900 Threadneedle will be moved north of I-10, back to the Dairy Ashford complex.
Photo of ConocoPhillips headquarters, 600 Dairy Ashford: Office of James Burnett