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May 28, 2015 10:23 PM ET

Household Durables

Company Overview of Del Webb Corporation

Company Overview

Del Webb Corporation builds and sells active-adult and all-age communities. It serves customers in Arizona, California, Connecticut, Florida, Georgia, Illinois, Indiana, Massachusetts, Michigan, Missouri, Nevada, New Jersey, New Mexico, New York, North Carolina, and Ohio. The company was incorporated in 1946 and is based in Phoenix, Arizona. As of July 31, 2001, Del Webb Corporation operates as a subsidiary of PulteGroup, Inc.

6001 North 24th Street

Phoenix, AZ 85016

United States

Founded in 1946

Phone:

602-808-8000

Fax:

602-808-8097

Key Executives for Del Webb Corporation

Chief Executive Officer, President, Chief Operating Officer and Director
Age: 67
Chief Financial Officer and Executive Vice President
Age: 65
Vice President, Treasurer and Secretary
Senior Vice President and General Counsel
Age: 69
Vice President and Controller
Compensation as of Fiscal Year 2014.

Del Webb Corporation Key Developments

Del Webb to Build First Active Adult Community in Albuquerque

Del Webb is planning its first community in the heart of Albuquerque targeting pre-retirement and retiring boomers. The active adult community builder has purchased a 284-acre parcel, which will include about 538 Del Webb homes. The new Del Webb community is part of a larger planned 886-lot Mirehaven master plan being designed and developed by parent company PulteGroup, which includes an additional 348 units for a separate Pulte Homes community in the same master plan.

Del Webb Corporation Signs Agreement with SolarCity Corporation

Del Webb Corporation announced that homes in the Del Webb Orlando and Del Webb Stone Creek active adult communities in Florida will include a pre-installed 2 kilowatt (KW) solar system for a limited time. This system will save more than $300 to the homebuyers on their electricity bills every year. Del Webb's agreement with SolarCity allows homebuyers to pay less for clean electricity generated by their individual home's solar system, than the current utility rates. Del Webb will include the 2 kW solar system as a temporary incentive with an option for the homebuyer to upgrade up to an 8 kW system depending on the design and style of the home. The savings for each homebuyer will vary based on their level of personal electricity use and the size of their individual solar system. New homebuyers can choose from 13 different home designs at the Del Webb Orlando community and from 17 at the Del Webb Stone Creek community in Ocala.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 10, 2015
200 Acres Next To The Woodlands
 

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