Company History

A Century of Integrity and Innovation in Utah Commercial Real Estate Development

Integrity

Over 100 years ago Woodbury Corporation was founded on the principle of integrity and that is the same principle that guides the company today. Woodbury’s believe their name is their most valuable asset.

Founded in 1919 by F. Orin Woodbury, Woodbury Corporation has established itself as a leader among Utah Real Estate Developers, emphasizing integrity and community-focused development. F. Orin’s reputation for honesty and hard work laid the foundation for a company that has grown from a small brokerage into a major force in Commercial Real Estate Development in Utah and beyond.

Early projects included significant land assemblages for the Standard Oil refinery and pipeline in North Salt Lake, the Utah State Penitentiary, and the Remington Arms Plant. F. Orin’s leadership extended nationally, serving as president of the Institute of Real Estate Management and being appointed by President Eisenhower to a U.S. government decentralization committee.

First Generation

Establishing a Legacy in Real Estate Development

Value of real estate

F. Orin Woodbury believed in the enduring value of real estate as a hard asset, even during economic downturns. His principles of integrity and quality continue to guide Woodbury Corporation, reinforcing its status as a premier Real Estate Developer in Utah.

Even as the industry changes, the basic tenets that have guided Woodbury Corporation from the beginning still apply. Woodbury approaches every project with integrity and knows the importance of hard work. But most importantly, the company knows that through good management, real estate will maintain and grow in value.

Second Generation

Expansion into Commercial Real Estate Development

Wallace R. Woodbury

Under the leadership of Wallace R. Woodbury (1957–1979), the company experienced tenfold growth, solidifying its position among top Utah Commercial Real Estate Developers. Wallace’s tenure marked a period of significant expansion and diversification.

Orin R. Woodbury

Orin R. Woodbury was a visionary leader whose influence helped shape the landscape of Real Estate Development in Utah for more than seventy years. His strategic insight, financial expertise, and deep commitment to community laid the groundwork for enduring success in both residential and Commercial Real Estate Development.

Third Generation

Diversification Across Asset Classes

Woodbury_Corp_3rd_Generation_Group

F. Orin’s grandsons—W. Richards, O. Randall, Lynn S., Jeffrey K., and Guy R. Woodbury—led the development of millions of square feet in office and retail properties, expanded the multifamily residential portfolio, and established a hospitality group featuring Hilton and Marriott hotels. Their efforts underscore Woodbury Corporation’s role as a versatile Utah Land Developer.

Fourth Generation

National Real Estate Development & Private Equity Management

Continuing the tradition

The fourth generation has continued the tradition of excellence, focusing on sustainable, walkable, and environmentally sensitive development standards. They have also launched private equity real estate funds and ventured into new investments, such as the acquisition of Compass Outdoor Advertising, demonstrating their commitment to innovative Commercial Real Estate Development in Utah.

Continued Growth and Recognition

Woodbury Corporation's portfolio includes award-winning projects that exemplify its leadership in Real Estate Development. These developments reflect the company's ongoing commitment to excellence in Commercial Real Estate Development in Utah and the Intermountain West.