Tooley Co. Forms New Firm to Develop Center on Westside

Tooley & Co. Investment Builders has formed Tooley West Inc. to take responsibility for the development of the new Howard Hughes Center on the Westside and has appointed William T. McGregor, general manager of the center, president of the new entity.

Howard Hughes Center is a master-planned office complex that will include 3 million square feet of low-, mid- and high-rise office space, a first-class hotel and related business and landscape amenities, according to the owner, Howard Hughes Properties, an affiliate of Summa Corp.

The project, estimated to have a completed value of about $500 million, will be constructed at the intersection of Sepulveda Boulevard and Centinella Avenue.

Tooley & Co. offers an integration of development, marketing and management services to both owners and tenants, according to Craig Ruth, president. The firm currently manages and leases 20 buildings with more than 3 million square feet of office and industrial space in Northern and Southern California.

Projects in whose development Tooley has participated include Wilshire Palisades and First federal Square, Santa Monica; 800 Wilshire, Los Angeles, and the Hibernia Bank building, San Francisco.