Our History

The History of University Place

Woodbury Corporation developed University Mall in the early 1970s, and has owned and managed it ever since. For over 40 years it has been Orem’s landmark shopping center. Now, as University Place, the project offers housingoffices space, and entertainment, along with shoppingdining, and a two-acre outdoor green space called The Orchard, which will be packed with events all year.

JC Penny in 1970 at University Place Orem Utah
The Story

Woodbury Corporation

Woodbury Corporation is a Utah-based real estate development and management company that has been owned and operated by four generations of the Woodbury family. It was founded in 1919 by F. Orin Woodbury, whose goal was to build a company by developing and managing a portfolio of well-located real estate equities. Now, over 100 years later, the Woodbury Corporation is run by the third generation of Woodbury family members, with several fourth generation family members in leadership positions. They follow the same principles of hard work, honesty and integrity as their grand-father, with a commitment to improving communities they do business in. Woodbury Corporation is one of the oldest and most respected full-service real estate development and management companies in the Intermountain West.