Howard Hughes Corporation (NYSE:HHC) is not only one of the more unusual real estate companies in the market, but the master-planned community developer is also one of the most long-term focused. In this Fool Live video clip, recorded on Sept. 29, contributor Matt Frankel asks CEO David O'Reilly where he sees the company a decade from now.

Matt Frankel: I get that you don't have a crystal ball and you can't predict the future. Hopefully, you're in the CEO role for 10-20 years or more. If you're CEO of Howard Hughes 20 years from now, what does that business look like?

David O'Reilly: That's a great question. I can sit back at night and think about 10 years from now, what will develop, and the picture behind me is Hughes Landing and we developed that in just over three years. Five office buildings, two multifamily, a Whole Foods, and the Embassy Suites Hotel, six restaurants. You think, "Well, we can do that." But again, our job is to just build to meet that market demand in each one of our markets. When our tenants need more offices, we build it, when our multifamily is filled, we build it. When the shopping centers are too crowded, we need another. It's very difficult for me to predict. What I do know is that we're going to continue to execute the way that we always have, consistent with the visions of our founding fathers. We're going to follow Jim Rouse's principles of economic, social, and racial equality. We're going to respect George Mitchell's vision to sustainable building in doing it in a very environmentally friendly way. Honor Victoria Ward's love of land, people, and using land as a gathering place to build connections. Always Howard Hughes embrace our namesake. Howard Hughes' vision, drive, and entrepreneurship to think about what is going to come next? We do know it's always changing, and we just have to make sure that we're continuing to evolve with it to meet that changing market demand.

Frankel: Great. Well, David, thank you so much for joining me. I want to give you the last word. Anything you would like investors to know about Howard Hughes in 2021 or beyond?

O'Reilly: Well, I think that those investors that have followed the company and those that are new to the company, when they just take one little fingernail to peel back the first layer of the onion, I think they can realize what an exciting opportunity we have. And that our ability to improve people's lives -- our residents, our consumers, our tenants -- drives value creation for this company for decades to come. If you're focused on long-term value creation, I don't think there's a better risk-adjusted return opportunity in all the public real estate sector.

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