Macerich Names New Senior V.P., Development
February 10 2006 - 12:51PM
PR Newswire (US)
- Appointment of Melanie Balfour Heywood to expanded Real Estate
Services team reflects accelerated growth in company's development
and redevelopment projects SANTA MONICA, Calif., Feb. 10
/PRNewswire-FirstCall/ -- Melanie Balfour Heywood, a specialist in
urban and land use planning in retail developments and mixed-use
projects that also incorporate office, entertainment, hotel and
residential components, has joined The Macerich Company (NYSE:MAC)
as senior vice president, development. The 24-year veteran of the
real estate industry will become part of the leadership team for an
expanded Real Estate Services group that also includes senior vice
presidents Randy Brant, Lori Gatto and John Genovese in Santa
Monica, and David Scholl and Mike Treadwell in Phoenix. The five
senior executives today preside over development, construction, and
environmental professionals and associates at the company's offices
in Santa Monica, Phoenix, and Rochester, N.Y. "With her extensive
and diverse experience on major development projects in the U.S.,
England and Canada, Melanie is a welcome addition to the leadership
team of our expanding Real Estate Services group," said David
Contis, Macerich executive vice president and chief operating
officer. "As our property portfolio continues to grow, so too do
the number of redevelopment and development opportunities. Melanie
will be responsible for directing a variety of exciting projects."
Balfour Heywood, who will be based in the Santa Monica home office,
was most recently director, Entertainment & Retail Group, at
the Santa Monica office of Gensler Architecture, Planning &
Design Worldwide. Her projects at the firm included regional
shopping centers in the Western U.S., landmark hotel and mixed-use
projects in downtown Los Angeles, and entertainment projects in
London. Previously, she served as a development executive for Lend
Lease in London, directing the planning, development, management
and leasing of retail, museum, entertainment and leisure components
of the proposed redevelopment of Shell Corporation's world
headquarters on the Thames River. Back in the U.S., Balfour Heywood
was a vice president, senior asset manager for Lend Lease's Retail
Group in San Francisco, with overall responsibility for a $2
billion property portfolio nationwide. Her role included presiding
over all special development ventures, including a pair of $80
million expansion/redevelopment projects. Immediately prior to
that, she was a vice president, development for Lend Lease in Los
Angeles, directing new business development, project development
and management for various projects across the U.S., including a
proposed super regional mall, a mixed-use entertainment/sports
center, an urban entertainment center, and a mall
expansion/renovation. The native of Canada began her career in 1982
as a project planner with Delcan Consulting Engineers in Vancouver,
B.C., and subsequently held positions as a consultant and senior
consultant with the Real Estate Services and Leisure Time Industry
divisions of Laventhol & Horwath in Toronto. Later, she was
manager, development & acquisitions, and senior development
& leasing manager for Ivanhoe Inc. in Toronto, where, among
other things, she directed the planning and development of a
95-acre site that was to include a super- regional mall, 500
residential units, offices, a hotel and other elements. Balfour
Heywood, who now resides in Playa Vista, Calif., holds a Masters in
Urban Planning from McGill University in Montreal and an Honors BA
in Economic Geography from Carleton University in Ottawa. The
Macerich Company, headquartered in Santa Monica, is a fully
integrated self-managed and self-administered real estate
investment trust, which focuses on the acquisition, leasing,
management, development and redevelopment of regional malls
throughout the United States. The Company is the sole general
partner and owns an 81% ownership interest in The Macerich
Partnership, L.P. Macerich now owns interests in properties
totaling approximately 79 million square feet consisting primarily
of interests in 75 regional malls. Additional information about The
Macerich Company can be obtained from the Company's website at
http://www.macerich.com/. DATASOURCE: The Macerich Company CONTACT:
At Macerich - Connie Cook, Manager, Public Relations,
+1-602-953-6550; at Parness & Associates Public Relations -
Bill Parness or Lisa Kreda, +1-732-290-0121, Web site:
http://www.macerich.com/
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