Del E. Webb Construction Company
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. Pulte Homes since merged with Centex Corp. and became PulteGroup. Del Webb continues as a brand of PulteGroup.
Del E. Webb sidewalk plaque | |
| Company type | Private Company (1928-1960) Public company (1960-2001) |
|---|---|
Traded as | NYSE: WBB |
| Founded | 1928 |
| Founder | Del Webb |
| Defunct | 2001 |
| Fate | Acquired by Pulte Homes |
| Successor | Del Webb a brand of Pulte Group |
| Headquarters | Phoenix, 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 |
| Divisions | Del Webb Hotels |
| Subsidiaries | Del E. Webb Development Co. formed 1952, Del E. Webb Realty & Management Co. formed 1970, Sahara-Nevada Corporation acquired 1961 |