Former banker Charles Mavor has joined the team developing the £2bn London Bridge Quarter as part of a trio of hires aimed at further strengthening the project delivery of the scheme, which includes the Shard skyscraper.
Mavor, who has been a banker for 30 years and a specialist in real estate finance at Singer & Friedlander, has been appointed as the chief operating officer of London Bridge Quarter (LBQ). James Sellar is LBQ’s CEO but Mavor will have will have day-to-day responsibility for managing the development and ensuring the project.
The London Bridge Quarter scheme totals 2m sq ft and incorporates offices, a hotel, restaurants, a viewing gallery and residential apartments. This fully funded scheme is being developed by Sellar Property Group for the State of Qatar. The Shard will be completed in May 2012 and a second development London Bridge Place completes the following year.
Mavor said: "This is an unique opportunity to manage one of Europe's foremost development projects. It will be fascinating, as well as exciting, to be involved in such a landmark development that is also forms the heart of this major regeneration of the London Bridge Station area."
Mavor is joined by two other directors include Flan McNamara who was appointed towards the end of last year as project director of London Bridge Place. McNamara was previously construction director of the Westfield Shopping Centre at Shepherd's Bush, West London. He has worked in a variety of roles across an extensive range of major projects throughout the UK, Middle East, Europe and Asia.
Peter Read has been appointed LBQ's design director having spent more than three years as design and development manager of the proposed Nakheel Harbour and Tower in Dubai, a building that would have been the world's tallest.
Irvine Sellar, chairman of Sellar Property Group, said: "I am delighted that we have been able to bring these three key senior figures into the LBQ team. The project is now well underway and these additional resources will help ensure this landmark regeneration project is completed on time, on budget and to an extremely high standard."