March 26, 2017 7:43 AM ET

Household Durables

Company Overview of Del Webb Corporation

Company Overview

Del Webb Corporation builds and sells active-adult and all-age communities for pre-retirement and retiring boomers. The company was founded in 1928 and is based in Scottsdale, Arizona with construction homes in Arizona; California; Connecticut; Florida; Missouri; Nevada; New Jersey; New Mexico; New York; North Carolina; and Ohio. As of July 31, 2001, Del Webb Corporation operates as a subsidiary of PulteGroup, Inc.

15111 North Pima Road

Scottsdale, AZ 85260

United States

Founded in 1928

Phone:

480-951-1938

Fax:

480-551-7444

Key Executives for Del Webb Corporation

Chief Executive Officer, President, Chief Operating Officer and Director
Age: 69
Chief Financial Officer and Executive Vice President
Age: 67
General Counsel and Senior Vice President
Age: 71
Vice President, Treasurer and Secretary
Vice President and Controller
Compensation as of Fiscal Year 2016.

Del Webb Corporation Key Developments

Del Webb Plans to Open Del Webb Nexton in Charleston, Carolina

Del Webb has announced plans to open Del Webb Nexton, its second community in the greater Charleston area, Carolina. Located in Summerville, the active adult community will feature the legendary Del Webb lifestyle known throughout the country, including a 25,000-square-foot clubhouse, tennis and pickle ball courts, indoor pool, and outdoor resort-style pool. The community will feature over 1,000 homes on 350 acres, which will be acquired in multiple-phases over the next several years, centrally located in Nexton, an master planned community. The groundbreaking will take place later this year and a grand opening is slated for February 2018.

Del Webb Plans to Open Active Adult Community in Spring Hill, Tennessee

Del Webb is planning its second community in the state of Tennessee with Southern Springs by Del Webb in Spring Hill. The active adult community, which will feature 600 homes on more than 300 acres of land, is expected to break ground in January 2016 with an official grand opening in spring 2017. Southern Springs by Del Webb is located about 35 minutes south of downtown Nashville and 20 minutes south of Franklin.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 17, 2017
120 acres in Little Elm
Merger/Acquisition
May 31, 2016
164 Acres in Wake Forest
 

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