Del E. Webb Construction Company

Del E. Webb Construction Company
Company type
  • Private company (1928-1960)
  • Public company (1960-2001)
NYSE: WBB
Founded1928
FounderDel Webb
Defunct2001
FateAcquired by Pulte Homes
SuccessorDel Webb, a brand of Pulte Group
HeadquartersPhoenix, Arizona, United States
Area served
  • United States
  • Honduras
  • El Salvador
  • East Asia
Key people
  • Del Webb
  • L. C. Jacobson
  • R. H. Johnson
Services
  • Construction
  • Development
  • Property Management
Number of employees
1,800
DivisionsDel Webb Hotels
Subsidiaries
  • Del E. Webb Development Co. (formed 1952)
  • Del E. Webb Realty & Management Co. (formed 1970)
  • Sahara-Nevada Corporation (acquired 1961)

The Del E. Webb Construction Company was a construction company that was founded in 1928 and developed by Del Webb. Headquartered in Phoenix, Arizona, United States, it became the Del E. Webb Corporation a publicly traded company on the New York Stock Exchange in 1960. The same year, the corporation unveiled Sun City, outside Phoenix, as the first community designed for senior citizens. Many more Sun Cities were built by the corporation in the following decades. Along with construction, the corporation was also involved in real estate and owned several hotels and casinos which were built and/or expanded by the company. The company was purchased in 2001 by Pulte Homes.[1] Pulte Homes since merged with Centex Corp. and became PulteGroup.[2] Del Webb continues as a brand of PulteGroup.[3][4]

  1. ^ Hoover's Handbook of American Business. Vol. 1–2. United States: Reference Press, Incorporated. 1998. p. 1178.
  2. ^ Paeprer, Stephanie (May 1, 2011). "Del E. Webb: A Pioneer In Arizona's Construction Industry". Archived from the original on August 31, 2012. Retrieved July 5, 2012.
  3. ^ "History of Del Webb Corporation – FundingUniverse". www.fundinguniverse.com. Retrieved 2018-05-22.
  4. ^ "NEWSLETTERS – "Webb Spinner" – Del Webb Sun Cities Museum". delwebbsuncitiesmuseum.org. Retrieved 2018-02-16.