Hutton Companies

Hutton Companies is one of Southern California's leading real estate developers, based in Orange County, California, United States. Founded in 1977, the Hutton Companies build mixed-use, government, multi-family residential, office, retail and light industrial properties.[1] Hutton Companies and its affiliates have owned, developed and managed a portfolio of more than 3,800,000 square feet (350,000 m2) of commercial real estate and 2,400 units of multi-family residential in Southern California.[1]

Collectively, Hutton Development Company, Hutton Management Services, and Hutton Construction make up the Hutton Companies, representing the three H's in the companies' corporate logo.

As of May 2009, Hutton Development Company ranked as the 8th largest commercial developer in California by the California Real Estate Journal's list of "California's 2009 Leading Commercial Developers" (ranked by total square footage of properties under development as of Jan.1, 2009). At the time of publish, Hutton had 500,000 square feet (46,000 m2) of the companies' mixed-use master-planned community College Park (Upland, California) under construction, totaling $152,000,000 in market value.[2]

Hutton Companies
TypePrivate
IndustryReal Estate Development
FoundedSanta Ana, CA, U.S. (1977 (1977))
FounderHarold and Betty Hutton|Betty Hutton
Headquarters
Orange County, California
,
U.S.
Area served
Southern California
ProductsMixed-Use Development, multi-family residential, Government, Office, Retail Centers
ServicesDevelopment, Construction, Property Management
DivisionsHutton Development Company, Hutton Construction, Hutton Management Services
WebsiteHuttonCompanies.com

History

The Hutton Companies were founded by the late Mrs. Betty Hutton after the death of her husband, legendary entrepreneur and chemist, Harold Hutton in 1977. In 1939, the Huttons founded Refining Associates, a chemical engineering firm making special lubricants and fuels. Together, the Huttons developed oil fields throughout South East Asia after the Second World War and worked closely with Pertamina, the national oil company of Indonesia.[3] After Harold's unexpected death in 1975 in Indonesia, Mrs. Hutton liquidated her international oil interests and returned home to Villa Park, CA, in Orange County, California.[4]

During the late 1970s, Hutton was primarily a venture capitalist and private equity partner in numerous real estate developments throughout the state of California. By the end of the 1970s, Hutton had evolved into a full service real estate development company and land owner.[3]

In 1985, Mrs. Hutton retired from Hutton Companies to pursue her philanthropic work with her non-profit foundation: The Hutton Foundation. Today, the Hutton Foundation has approximately $100,000,000 in endowment and donates millions annually to the arts, health care, education, and civic causes.[5]

Philanthropy

Mrs. Hutton was a generous benefactor of education and children causes. Chapman University has recognized Hutton's generosity by naming several of its facilities after Hutton, including the Harold Hutton Sports Center and the Betty Hutton Williams Colonnade. The Betty Hutton Williams Medal, established in 1994, is the highest academic honor given to a Chapman University business or economics student.[6] Additionally, author Lan Cao is currently Betty Hutton Williams Professor of International Economic Law at Chapman University.[7]

Company Overview

As a long-term investment company, as well as a developer, Hutton acquires land, develops plans, secures entitlements, arranges financing and manages the construction of projects, primarily for its account and at times in conjunction with select partners or institutions.[8] In addition to master-planned business communities and luxury apartments, Hutton is known for providing turnkey facilities for public agencies including development, property management and the ability to arrange entire financing packages.[9]

Client Base

Companies or public agencies requiring build-to-suit commercial or industrial property, prospective investors, and individual residential or commercial tenants.[8][10]

Flagship Projects

40-acre (160,000 m2) master planned mixed-use community. Featuring approximately 100 single-family homes, 448 luxury apartment homes and an integrated neighborhood retail center adjacent to the Claremont Colleges.[11]

46-acre (190,000 m2) master planned mixed-use community near Orange County's John Wayne Airport. With nearly 20,000,000 square feet (1,900,000 m2) of professional office space with supporting retail and restaurants.[12]

Public / Private Ventures

30 acres (120,000 m2), Headquarters facility for Los Angeles County Recorder and Registrar of Voters totaling 260,000 square feet (24,000 m2).[13]

Orange County Sheriff's Headquarters, Forensic Science Center, Environmental Management Agency, 380,000 square feet (35,000 m2).[13]

References
  1. Hutton Companies - About Us. Hutton Companies. Retrieved 2009-06-18
  2. California Real Estate Journal (06-26-09) "California's 2009 Leading Commercial Developers".California Real Estate Journal. Retrieved 2009-06-18
  3. Griffiths, Sir Eldon; Lessor, Roberta; Yeager, Myron (1998). The Hutton Story. Chapman University Press, Orange, CA. Retrieved 2009-06-18
  4. Hutton Foundation - History. Hutton Foundation. Retrieved 2009-06-18
  5. Hutton Foundation - 2007 Annual Report. Hutton Foundation. Retrieved 2009-06-18
  6. Betty Hutton Williams Medal Chapman University.
  7. Chapman University faculty biography
  8. Hutton Companies - Capabilities. Hutton Companies. Retrieved 2009-06-18
  9. Hutton Companies - Public Facility Developers. Hutton Companies. Retrieved 2009-06-18
  10. Hutton Companies Media Fact Sheet Hutton Companies.Retrieved 2009-06-19
  11. College Park Mixed Use Center - Construction Project Case Study Reed Construction Data. 2008.
  12. Mixed Use Developments - Hutton Centre Hutton Companies.
  13. Public Facility Developers/Privatization Hutton Companies. Retrieved 2009-06-18
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