Stuart Gibbons has been appointed by partnership homes developer Lovell as regional managing director for the company’s London business.
Stuart joins Lovell, part of Morgan Sindall Group, from Galliford Try where he was managing director for the Partnerships and Regeneration division.
Lovell managing director Steve Coleby says: “We’re delighted to welcome Stuart, who possesses a formidable industry track record, to lead our London team. His substantial expertise, notably in the affordable and mixed-tenure residential sector, means he is perfectly placed to deliver the company’s continued pursuit of significant planned growth in London and the South East.”
Stuart starts his new job this week (w/c 22 October), taking over from Lovell director Richard Vining who moves back to his central role with the company.
Stuart brings 35 years of construction industry experience, including 29 years with Galliford Try. His key achievements have included overseeing the expansion of Galliford Try’s Partnerships and Regeneration division into a national business building more than 2,700 homes annually and turning over £475 million. During this time, he delivered a series of landmark schemes including 2,500 homes as part of the £347 million Gateshead Regeneration Partnership and the £100 million Brunswick Housing PFI in Manchester. In the early 2000s, he also spent two years with Lovell as London operations manager.
Lovell’s current forward order book for London exceeds £750 million with the business set to complete over 760 new homes across the region during 2018.
Among key projects is Trinity Woolwich, a £500 million major estate regeneration programme in Woolwich, south-east London in partnership with PA Housing and the Royal Borough of Greenwich which is transforming three local housing estates with 1,500 for sale and affordable homes.
The region will also have major opportunities in Hertfordshire through Chalkdene Developments, a 15-year, £2 billion property delivery joint venture launched by Lovell sister company Morgan Sindall Investments Limited and Hertfordshire County Council to bring forward housing-led developments on the Council’s surplus land. The partnership will initially focus on 12 locations, with capacity to build more than 500 homes. The joint venture approach also allows for development to be potentially extended to around 40 sites.