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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001209191-10-054338.txt : 20101110
<SEC-HEADER>0001209191-10-054338.hdr.sgml : 20101110
<ACCEPTANCE-DATETIME>20101110201722
ACCESSION NUMBER:		0001209191-10-054338
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20101109
FILED AS OF DATE:		20101110
DATE AS OF CHANGE:		20101110

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Howard Hughes Corp
		CENTRAL INDEX KEY:			0001498828
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				364673192
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		110 N. WACKER DRIVE
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		312-960-5000

	MAIL ADDRESS:	
		STREET 1:		110 N. WACKER DRIVE
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Spinco, Inc.
		DATE OF NAME CHANGE:	20100811

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			M.B. Capital Units L.L.C.
		CENTRAL INDEX KEY:			0001410090
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34856
		FILM NUMBER:		101181591

	BUSINESS ADDRESS:	
		STREET 1:		110 N. WACKER DRIVE, SUITE 330
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		5159657721

	MAIL ADDRESS:	
		STREET 1:		110 N. WACKER DRIVE, SUITE 330
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MB Capital Partners III
		CENTRAL INDEX KEY:			0001410091
		STATE OF INCORPORATION:			SD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34856
		FILM NUMBER:		101181590

	BUSINESS ADDRESS:	
		STREET 1:		300 NORTH DAKOTA AVENUE
		CITY:			SIOUX FALLS
		STATE:			SD
		ZIP:			57104
		BUSINESS PHONE:		6053392940

	MAIL ADDRESS:	
		STREET 1:		300 NORTH DAKOTA AVENUE
		CITY:			SIOUX FALLS
		STATE:			SD
		ZIP:			57104
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>c08007_3x0.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0203</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2010-11-09</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001498828</issuerCik>
        <issuerName>Howard Hughes Corp</issuerName>
        <issuerTradingSymbol>HHC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001410090</rptOwnerCik>
            <rptOwnerName>M.B. Capital Units L.L.C.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>300 N. DAKOTA AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SIOUX FALLS</rptOwnerCity>
            <rptOwnerState>SD</rptOwnerState>
            <rptOwnerZipCode>57104</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001410091</rptOwnerCik>
            <rptOwnerName>MB Capital Partners III</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>300 N. DAKOTA AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SIOUX FALLS</rptOwnerCity>
            <rptOwnerState>SD</rptOwnerState>
            <rptOwnerZipCode>57104</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>No securities are beneficially owned</value>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>No securities are beneficially owned</value>
                <footnoteId id="F2"/>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">In connection with a spin-off by General Growth Properties, Inc. (the &quot;Spin-off&quot;) which occured on November 9, 2010, M.B. Capital Units L.L.C. (&quot;Capital Units&quot;), a limited liability company, beneficially owns, for puposes of Section 13(d) of the Securities Exchange Act of 1934 (the &quot;Act&quot;), 4,503,393 shares of the Common Stock, $0.01 par value (&quot;Common Stock&quot;) of the Issuer.  Capital Units has no pecuniary interest in the Common Stock.</footnote>
        <footnote id="F2">In connection with the Spin-off, M.B. Capital Partners III (&quot;M.B. Capital&quot;), a general partnership, beneficially owns, for puposes of Section 13(d) of the Act, (i) 1,127,367 shares of Common Stock and (ii) as the sole member of Capital Units, indirectly beneficially owns the Common Stock held by Capital Units. M.B. Capital has no pecuniary interest in the Common Stock.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ E. Michael Greaves, VP of General Trust Company, Trustee Partner of M.B. Capital Partners III, Sole Member</signatureName>
        <signatureDate>2010-11-09</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ E. Michael Greaves, VP of General Trust Company, Trustee Partner</signatureName>
        <signatureDate>2010-11-09</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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