Hutton Companies
| File:Hutton Companies Corporate Logo.gif | |
| Company type | Privately Held |
|---|---|
| Industry | Real Estate Development |
| Founded | Santa Ana, CA, U.S. (1977) |
| Founder | Harold and Betty Hutton|Betty Hutton |
| Headquarters | , |
Area served | Southern California |
| Products | Mixed-Use Development, multi-family residential, Government, Office, Retail Centers |
| Services | Development, Construction, Property Management |
| Divisions | Template:UBL |
| Website | huttoncompanies |
Hutton Companies is a real estate development firm based in Anaheim, California, serving the Southern California region. Established in 1977, the company focuses on a diverse range of property types including mixed-use projects, government facilities, multi-family housing, office buildings, retail centers, and light industrial spaces. Its holdings encompass over of commercial properties along with 2,400 residential units throughout Southern California.
The enterprise is structured around three primary subsidiaries: Hutton Development Company, Hutton Management Services, and Hutton Construction, which together comprise the organization's principal operations.
By May 2009, Hutton Development Company was recognized as the eighth-largest commercial developer in California based on the total square footage under development. At that time, its active project portfolio had an estimated market value of $152 million, featuring a 500,000 sq ft mixed-use master-planned community located in Upland, California.
History
Following the passing of her husband Harold Hutton in 1977—an entrepreneur and chemist—Mrs. Betty Hutton founded the company. Before entering real estate, the couple managed Refining Associates, a chemical engineering business specializing in lubricants and fuels. They also developed oil fields across Southeast Asia after World War II and partnered with Pertamina, Indonesia’s national oil corporation. After Harold's death in 1975, Betty divested their international oil ventures and returned to Orange County to concentrate on real estate development.
During the late 1970s, the firm initially operated as venture capitalists and private equity partners within the California real estate market before transitioning into a comprehensive real estate development and property ownership company by the end of that decade.
In 1985, Mrs. Hutton stepped back from day-to-day management to focus on philanthropic endeavors through the Hutton Foundation. The foundation currently maintains an endowment near $100 million and annually supports initiatives in arts, healthcare, education, and civic projects.
Philanthropy
Mrs. Hutton was widely recognized for her support of educational institutions and children's programs. Chapman University acknowledged her contributions by naming several campus facilities after her and her late husband, including the Harold Hutton Sports Center and the Betty Hutton Williams Colonnade. The university’s highest academic accolade for business or economics students—the Betty Hutton Williams Medal—was established in 1994. Furthermore, author Lan Cao holds the Betty Hutton Williams Professorship in International Economic Law at Chapman.
The statue titled "Betty the Panther", representing Chapman University’s mascot, was dedicated to honor Mrs. Williams’ lasting dedication and enthusiasm for the institution, symbolizing her philanthropic legacy.
Operating primarily in California, the Hutton Parker Foundation owns sixteen office buildings leased to nonprofit organizations (fifteen located in Santa Barbara County), accommodating nearly one hundred nonprofit tenants. Although rental rates are below market value, income generated supports over $50 million in grants predominantly allocated to operational expenses rather than program expansion. This innovative real estate investment model has produced returns surpassing traditional Wall Street benchmarks.
Capital grants and multi-year funding from Hutton Parker are selectively awarded by invitation only to nonprofits within Santa Barbara County. Grant amounts range from $50,000 to $500,000.
The foundation’s headquarters is situated at 15 East Carrillo Street, Santa Barbara, CA 93101.
Operations
Operating as a long-term investment entity and developer, Hutton acquires land parcels, formulates development plans, obtains necessary entitlements, arranges project financing, and oversees construction primarily for its own portfolio while occasionally collaborating with select institutional partners.[1]
The company’s expertise lies in creating master-planned business parks, upscale apartment complexes, and turnkey facilities tailored for public sector clients. Their services encompass comprehensive development management, property oversight, and financing solutions.[2]
Hutton targets corporate clients and governmental agencies seeking build-to-suit commercial or industrial spaces as well as investors and tenants within both residential and commercial markets.[1][3]
Flagship Projects
- College Park, Upland/Claremont, CA
A 40-acre (160,000 m2) master-planned mixed-use community comprising around 100 single-family residences, 448 upscale apartments, and a neighborhood retail center adjacent to the Claremont Colleges.[4]
- Hutton Centre, Santa Ana, CA
A 46-acre (190,000 m2) mixed-use master-planned development located near Orange County's John Wayne Airport, featuring close to 20,000,000 square feet (1,900,000 m2) of professional office space alongside retail outlets and dining establishments.[5]
Public / Private Ventures
- Hutton Imperial Center, Norwalk, CA
A 30 acres (120,000 m2) headquarters facility for Los Angeles County's Recorder and Registrar of Voters encompassing 260,000 square feet (24,000 m2).[6]
- Hutton Civic Center, Santa Ana, CA
Home to Orange County Sheriff’s Headquarters, Forensic Science Center, and Environmental Management Agency within .[6]
- ↑ 1.0 1.1 Hutton Companies - Capabilities. Hutton Companies. Retrieved 2009-06-18
- ↑ Hutton Companies - Public Facility Developers. Hutton Companies. Retrieved 2009-06-18
- ↑ Hutton Companies Media Fact Sheet Hutton Companies. Retrieved 2009-06-19
- ↑ College Park Mixed Use Center - Construction Project Case Study Reed Construction Data. 2008.
- ↑ Mixed Use Developments - Hutton Centre Hutton Companies.
- ↑ 6.0 6.1 Public Facility Developers/Privatization Hutton Companies. Retrieved 2009-06-18