History of Howard Hughes Holdings in Timeline

By Popular Timelines Editorial Team · Updated: May 5, 2025

Howard Hughes Holdings (formerly Howard Hughes Corporation) is a real estate development and management firm headquartered in The Woodlands, Texas. Established in 2010 as a spin-off from General Growth Properties (GGP), the company's primary focus is on master-planned communities. It adopted its name from the original Howard Hughes Corporation, known for developing Summerlin, Nevada, which later became part of GGP. The company continues to develop and manage large-scale, mixed-use projects across the United States.

2009: General Growth Properties files for Chapter 11 bankruptcy protection

In 2009, General Growth Properties filed for Chapter 11 bankruptcy protection. A reorganization plan proposed a spin-off company named General Growth Opportunities, later renamed The Howard Hughes Corporation.

November 9, 2010: Spin-off of HHC to GGP's shareholders completed

On November 9, 2010, the spin-off of The Howard Hughes Corporation (HHC) to General Growth Properties' (GGP) shareholders was completed as GGP exited bankruptcy. The new company held a portfolio that included GGP's master planned communities, mixed-use developments, and undeveloped land. Bill Ackman was appointed chairman.

2010: Howard Hughes Holdings Inc. formed as spin-off from General Growth Properties

In 2010, Howard Hughes Holdings Inc. was formed as a spin-off from General Growth Properties (GGP). The real estate development and management company, based in The Woodlands, Texas, focused its holdings on several master-planned communities. It adopted the name of the original Howard Hughes Corporation, which had developed Summerlin, Nevada.

2019: HHC Conducts Review of Strategic Options

In 2019, Howard Hughes Corporation (HHC) initiated a review of strategic options due to investor disappointment with its stock price. Subsequently, the company announced a "transformation plan" to concentrate on master-planned communities and divest $2 billion in non-core assets.

2020: HHC moves headquarters from Dallas to The Woodlands

In 2020, Howard Hughes Corporation (HHC) moved its headquarters from Dallas to The Woodlands as a cost-cutting measure under its transformation plan.

2021: Company acquires Douglas Ranch development

In 2021, the company acquired its sixth master-planned community, purchasing the 37,000-acre Douglas Ranch development in the Phoenix area (later renamed to Teravalis) for $600 million.

2023: Company has 73 revenue-generating assets

As of 2023, the company comprises 73 revenue-generating assets, including retail, office, and multi-family residential properties, most of which are located in the company's six master planned communities. The portfolio includes 11 retail properties with 2.1 million square feet of space; 34 office properties with 6.6 million square feet of space; and 17 apartment complexes with a total of 5,587 units.

2023: Company lists 18 strategic projects

As of 2023, the company lists 18 strategic projects in various stages of development.

2023: HHC reorganizes as Howard Hughes Holdings

In 2023, Howard Hughes Corporation (HHC) reorganized itself as a holding company named Howard Hughes Holdings. It then moved its entertainment-related properties into a new division, Seaport Entertainment, which it planned to spin off to shareholders by the end of 2024.

August 2024: Seaport Entertainment spinoff completed

In August 2024, the spinoff of Seaport Entertainment was completed. Seaport Entertainment's assets include the South Street Seaport in Manhattan, the Las Vegas Aviators baseball team, the air rights to develop a casino at Fashion Show Mall on the Las Vegas Strip, and a minority stake in Jean-Georges Restaurants.

2024: Seaport Entertainment Group formed

In 2024, Seaport Entertainment Group was formed as a spin-off of Howard Hughes Holdings. The entertainment and real estate development company is based in New York City.