Howard Building Corporation

An ESOP Story: Howard Building Corporation

10/28/2020

How did HBC evolve into an ESOP?In the early eighties, a young Mike Howard sought a solution to a problem he saw in the industry. The term “tenant improvement,” as we now understand it, was not yet a fully developed category. Construction firms were doing it all, from core and shell to the interior. It was a noble pursuit, but by the time these firms got around to the interior, resources had run low. Little time and money were being spent on building the interior—the heart—of these spaces. Mike Howard’s solution? Howard Building Corporation (HBC). 

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