Howard Hughes ( HHC -0.75%) recently announced the acquisition of 37,000 acres of vacant land in the Phoenix area, on which it plans to develop a new master-planned community. Presentation and Live Webcast to be Held June 6, 2023, at 10:15 am ET HOUSTON, June 2, 2023 /PRNewswire/ -- The Howard Hughes Corporation announced today that Chief Executive Officer David. YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC. Phoenix has been one of the nations hottest housing markets, and sales of Douglas Ranchs residential lots are expected to begin during the first half of 2022.
Homes The Howard Hughes Corporation HHC and and former owner of the . HOUSTON Safe Harbor Statement Statements made in this press release that are not historical facts, including statements accompanied by words such as "will," "believe," "expect," "enables," "realize," "plan," "intend," "assume," "transform" and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. O'Reilly and Colangelo told The Arizona Republicthey plan onan array of amenities, large parks and diverse housing options, from entry level to high end. The Howard Hughes Corporation Investor Relations That community is so large, voters there will decide whetherto make it a city in their November election. Encompassing nearly 37,000 acres in the Phoenix West Valley, one of the nation's fastest-growing metro regions, Teravalis is anticipated to become one of the leading master planned communities in the country, with 100,000 homes, 300,000 residents and 55 million square feet of commercial development. https://video.ibm.com/embed/25045921. Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more. These statements are based on management's expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Translating to "land of the valley," Teravalis is situated between the White Tank and Belmont Mountain ranges and is committed to preserving the natural beauty of the High Sonoran Desert. PHOENIX,Oct. 31, 2022/PRNewswire/ --The Howard Hughes Corporation(NYSE:HHC) has broken ground onTeravalis, a 37,000-acre mixed-use master planned community in the Phoenix West Valley projected to include 100,000 homes and 55 million square feet of commercial development. Analytical cookies are used to understand how visitors interact with the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The developer expects to sell at least 1,000 lots in the first year. Presentation and Live Webcast to be Held June 6, 2023, at 10:15 am ET.
Contact The Howard Hughes Corporation Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. , . Investor Relations Associate. En vous inscrivant la newsletter, vous consentez la rception de contenus de notre part. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC. "This increases the demand for housing opportunities and Howard Hughes is answering that call with this impressive community, providing quality housing options for current and future Arizonans.". We will not release or resell your information to third parties without your permission. Senior Vice President, Head of Corporate Communications. SVP, Investor Relations. (PHX). The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. Upon completion of the presentation, an on-demand replay will be available for a period of 30 days.
Howard Hughes Corp. pays $600M for Douglas Ranch in Buckeye Douglas Ranch is projected to become home to over 300,000 residents and to emerge as a vital commercial business center as residents move into the community and growing appetites for commercial amenities create development opportunities for new diversified product types within the Howard Hughes portfolioincluding single family for rent and industrial assets. SVP, Investor Relations } The Howard Hughes Corporation's portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. The Buckeye site of Douglas Ranch. We are creating a city of the futureleveraging The Howard Hughes Corporation's development expertise to build a community with limitless potential to spur growth, business expansion, economic opportunity and innovation,"said Jerry Colangelo, sports executive, businessman, and long-time Phoenix resident whosedevelopment company, JDM Partners, is one of the largest owners of entitled land in Arizona. By clicking on the Accept button you agree to this.
Press Release | The Howard Hughes Corporation - Stockhouse Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. ARIZONA. Summerlin, its master-planned community in Las Vegas, has been around since 1990 and still has room to grow. "The name Teravalis means 'land of the valley' and this new community, situated between the White Tank and Belmont Mountain ranges,is firmly grounded in deep respect for its Sonoran Desert setting," said Heath Melton, President of the Phoenix Region for The Howard Hughes Corporation. Greater Phoenix, Arizona The MPC will become an industry-leading community focused on sustainable development and technological advancement which will help serve and drive the substantial growth that is taking place in the Phoenix region.
https://www.prnewswire.com/news-releases/the-howard-hughes-corporation-to-present-at-nareit-reitweek-2023-investor-conference-301841354.html. , the company is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC.
Arizona - Success Lives Here | The Howard Hughes Corporation Other partners of JDM include David Eaton and Mel Shultz. Follow her on Twitter@taylorseely95or Instagram @taylor.azc. in "The new development will provide more commercial and retail services in the North Buckeye area. Teravalis will follow the company's established best practices in sustainability and conservation, emphasizing open public space and enhancing its natural environment. Bridgeland About The Howard Hughes CorporationThe Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. Its award-winning assets include the country's preeminent portfolio of master planned communities, as well as operating properties and development opportunities including: the Seaport in New York City; Downtown Columbia, Maryland; The Woodlands, The Woodlands Hills, and Bridgelandin the Greater Houston, Texas area; Summerlin, Las Vegas; Ward Villagein Honolulu, and Douglas Ranch in Phoenix. Home with room to grow. 9950 Woodloch Forest Drive, 11th Floor The MPC will become an industry-leading community focused on sustainable development and technological . The. The Howard Hughes Corporation owns, manages, and develops commercial, residential, and mixed-use real estate throughout the U.S. Its award-winning assets include the country's preeminent portfolio of master planned communities, as well as operating properties and development opportunities including: the Seaport in New York City; Downtown Columbia® in Maryland; The Woodlands®, Bridgeland®, and The Woodlands Hills® in the Greater Houston, Texas area; Summerlin® in Las Vegas; Ward Village® in Honolulu, Hawai?i; and Teravalis in the Greater Phoenix, Arizona area.
Press Releases - The Howard Hughes Corporation listeners: [], Sign up to get PRNs top stories and curated news delivered to your inbox weekly! To participate in the live Q&A, dial 1-877-883-0383 within the U.S., or 1-412-902-6506 when dialing internationally. , . By submitting this form, you agree by electronic signature to (1) be contacted by email or by SMS text at your mobile phone and (2) consent to our. } By clicking Accept, you consent to the use of ALL the cookies. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC.
; Centerview Partners LLP served as exclusive financial advisor to The Howard Hughes Corporation. Discover the Howard Hughes Opportunity Investor Menu. Phoenix- and Scottsdale-based developers JDM Partnersand El Dorado Holdings sold much of its Douglas Ranch land to national real-estate developer Howard Hughes Corporation for $600 million, according to a statement from the companies. Actual results may differ materially from those expressed or implied in these statements. PHOENIX, Oct. 31, 2022 /PRNewswire/ -- The Howard Hughes Corporation (NYSE: HHC) has broken ground on Teravalis, a 37,000-acre mixed-use master planned community in the Phoenix West Valley projected to include 100,000 homes and 55 million square feet of commercial development. Transforming 37,000 Acres in Phoenixs West Valley. The Howard Hughes CorporationCristina Carlson, 646-822-6910Senior Vice President, Head of Corporate Communications[emailprotected], For HHC Investor RelationsJohn Saxon, 281-929-7808Investor Relations Associate[emailprotected], Correne S. Loeffler, 281-929-7787Chief Financial Officer[emailprotected]. The area is positioned for exponential growth as long-term migration of residents and businesses is projected to continue. The Howard Hughes Corporation Portfolio results are unaudited and based on varying investment expiration dates. Scottsdale, AZ 85251 Eric Holcomb, 281-475-2144 Dedicated to innovative Safe Harbor StatementStatements made in this press release that are not historical facts, including statements accompanied by words such as "will," "believe," "expect," "enables," "realize," "plan," "intend," "assume," "transform" and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
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