The Howard Hughes Corp. develops master planned communities and other strategic real estate development opportunities across the United States. It operates its business through three segments: Master Planned Communities, Operating Assets and Strategic Developments. The Master Planned Communities segment consists of the development and sale of residential and commercial land, primarily in large-scale projects. The Operating Assets segment consists of 26 properties and investments, consisting primarily of commercial mixed-use, retail and office properties. The Strategic Developments segment is made up of near, medium and long-term development projects for real estate properties. The company was founded on November 9, 2010 and is headquartered in Dallas, TX.