Weyerhaeuser Real Estate Company
 | |
| Type | Subsidiary |
|---|---|
| Industry | Home construction Real estate development |
| Founded | 1969 |
| Headquarters | Federal Way, Washington, U.S. |
Key people | Peter Orser, President & CEO[1] |
| Parent | Weyerhaeuser |
| Website | WRECO |
Weyerhaeuser Real Estate Company (WRECO) is a home building and real-estate development company. WRECO was formed in 1969 as a wholly owned subsidiary of Weyerhaeuser Company and is based in Federal Way, Washington.[2]
About[]
WRECO is composed of 5 separate homebuilding companies with 9 brands that operate in different regions of the United States:[3]
- Quadrant Homes (greater Seattle and Puget Sound area)
- Pardee Homes (California and Nevada)
- Maracay Homes (Arizona)
- Trendmaker Homes, Avanti Custom Homes, Texas Casual Cottages (Texas)
- Winchester Homes, Camberley Homes, Everson Homes (Maryland and Virginia)
Additionally, WRECO also contains one company that provides institutional capital for residential projects to home builders and developers:[3]
- Weyerhaeuser Realty Investors (WRI), based in Washington.
WRECO closed 2,314 houses in 2012.[4]
On July 6, 2015, Weyerhaeuser's five home building operations in the Northwest, California/Nevada, Arizona, Texas, and the Mid-Atlantic regions were acquired by Tri Pointe Homes.
Northwest Landing[]
Northwest Landing is a 3,000-acre (12 km2) 40-year planned community in Dupont, Pierce County, Washington, developed by Quadrant Homes.[5][6]
The Hudson's Bay Company's chief trader, Archibald MacDonald, laid claim to the land in 1833. In 1976 Weyerhaeuser acquired the land in a real estate swap with E. I. du Pont de Nemours and Company. The adjacent town of Dupont was at one time a company town. The Weyerhaeuser Company had wanted the site to build an exporting facility, but lost a bitter legal battle to develop the project.[6]
Part of the site includes indigenous Nisqually burial sites and the historic Fort Nisqually site. The property is adjacent, on its western side, to the Billy Frank Jr. Nisqually National Wildlife Refuge, which contains river delta wetlands. The core site is an old DuPont explosives factory, where the company manufactured black powder and other explosives between 1906 and the 1970s, this caused part of the property to become a hazardous waste site and required environmental remediation.[7][8]
References[]
- ^ Weyerhaeuser News Release: "Weyerhaeuser Names Larry Burrows, WRECO President/CEO". Archived copy - Weyerhaeuser Company. - March 13, 2008
- ^ Hoovers
- ^ a b Weyerhaeuser: The Real Estate Empire
- ^ http://www.builderonline.com/builder100/2012.aspx
- ^ Northwest Landing
- ^ a b Zimmerman, Rachel. - "Where historic and quaint meets the 'new urbanism'" [dead link]. - Seattle Post-Intelligencer.
- ^ Foster, George. - "Weyerhaeuser Owns 5,260 Years of Indian History".[dead link] - Seattle Post-Intelligencer. - June 15, 1989. | Hahn, Jon. - "Town's dynamite past ignited a preservation cause"[dead link]. - Seattle Post-Intelligencer. - July 18, 1998. - | Conklin, Ellis E. - "A Patch of History is Protected: Fort Nisqually Site is Donated"[dead link]. - Seattle Post-Intelligencer. - October 9, 1993. | - Retrieved: 2008-06-30
- ^ FINAL: "Human Health and Ecological Risk Assessment for the Former DuPont Works Site" Archived copy. - Washington State Department of Ecology. - August 2003. - (Adobe Acrobat PDF document). - Retrieved: 2008-06-30
External links[]
- Weyerhaeuser
- Home builders
- Construction and civil engineering companies of the United States
- Real estate companies of the United States
- Companies based in King County, Washington
- Construction and civil engineering companies established in 1969
- Real estate companies established in 1969
- 1969 establishments in Washington (state)
- Federal Way, Washington
- American companies established in 1969