Weyerhaeuser Real Estate Company
Encyclopedia
Weyerhaeuser Real Estate Company (WRECO) is a United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 based home building
Home construction
Home construction is the process of constructing a home. Beginning with simple pre-historic shelters, home construction techniques have evolved to produce the vast multitude of living accommodations available today. Different levels of wealth and power have warranted various sizes, luxuries, and...

 and real-estate development company. WRECO was formed in 1969 as a wholly owned subsidiary of Weyerhaeuser Company
Weyerhaeuser
Weyerhaeuser is one of the largest pulp and paper companies in the world. It is the world's largest private sector owner of softwood timberland; and the second largest owner of United States timberland, behind Plum Creek Timber...

 and is based in Federal Way, Washington
Federal Way, Washington
Federal Way is a city in King County, Washington, United States. Federal Way is located between Seattle and Tacoma. Its western boundary is Puget Sound. It is bordered by Des Moines on the north, Kent, unincorporated King County, and Milton on the east and Tacoma and Fife on the south...

.

About

WRECO is composed of six separate homebuilding companies that operate in different regions of the United States:
  • Quadrant Homes — (greater Seattle and Puget Sound area)
  • Camberley Homes — (Virginia and Maryland)
  • Pardee Homes
    Pardee Homes
    Pardee Homes is a residential real-estate company founded in 1921 by George Pardee Sr. He was joined by his three sons in the Los Angeles housing boom after World War II. They began building in southern Nevada in 1952, selling affordable homes to veterans for...

     — (California and Nevada)
  • Maracay Homes — (Arizona)
  • Trendmaker Homes — (Texas)
  • Winchester Homes — (Maryland and Virginia)


Additionally, WRECO also contains one company that provides institutional capital for residential projects to home builders and developers:
  • Weyerhaeuser Realty Investors (WRI), based in Washington.


WRECO closed 5,836 houses in 2006.

Northwest Landing

Northwest Landing is a 3000 acres (12.1 km²), 40-year "master planned community", in Dupont
DuPont, Washington
DuPont is a city in Pierce County, Washington, United States. The population was 8,199 at the 2010 census.-History:The Nisqually tribe arrived in the area at least 5700 years ago, subsisting on shellfish from the beaches and salmon from Sequalitchew Creek...

, Pierce County, Washington
Pierce County, Washington
right|thumb|[[Tacoma, Washington|Tacoma]] - Seat of Pierce CountyPierce County is the second most populous county in the U.S. state of Washington. Formed out of Thurston County on December 22, 1852, by the legislature of Oregon Territory...

, developed by Quadrant Homes.

The Hudson's Bay Company
Hudson's Bay Company
The Hudson's Bay Company , abbreviated HBC, or "The Bay" is the oldest commercial corporation in North America and one of the oldest in the world. A fur trading business for much of its existence, today Hudson's Bay Company owns and operates retail stores throughout Canada...

'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
DuPont
E. I. du Pont de Nemours and Company , commonly referred to as DuPont, is an American chemical company that was founded in July 1802 as a gunpowder mill by Eleuthère Irénée du Pont. DuPont was the world's third largest chemical company based on market capitalization and ninth based on revenue in 2009...

. The adjacent town of Dupont was at one time a company town
Company town
A company town is a town or city in which much or all real estate, buildings , utilities, hospitals, small businesses such as grocery stores and gas stations, and other necessities or luxuries of life within its borders are owned by a single company...

. The Weyerhaeuser Company had wanted the site to build an exporting facility, but lost a bitter legal battle to develop the project.

Part of the site includes native Nisqually
Nisqually
Nisqually may refer to:*Nisqually River, located in Nisqually National Wildlife Refuge*Nisqually , a Native American tribe*Nisqually Indian Community, Washington*The Nisqually Glacier on Mount Rainier...

 burial sites and the historic Fort Nisqually
Fort Nisqually
Fort Nisqually was an important fur trading and farming post of the Hudson's Bay Company in the Puget Sound area of what is now DuPont, Washington and was part of the Hudson's Bay Company's Columbia Department. Today it is a living history museum located in Tacoma, Washington, USA, within the...

 site. The property is adjacent, on its western side, to the Nisqually 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.
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