Argent has revealed that influential managing partner David Partridge will step back from the day-to-day running of the business once its King’s Cross development is completed
According to the AJ’s sister title Construction News, Partridge will move from the role of joint chief executive at Argent LLP and the Argent Related joint venture to become chairman of the latter as the King’s Cross project concludes in two years’ time.
The firm said other developments under the Argent Related JV would be in ‘full swing’ at the point Partridge moved across.
The JV comprises Argent and US real estate group Related, and specialises in urban regeneration.
It is currently working on two major London schemes: a 1,036-home development in Tottenham Hale and the 7,500-home Brent Cross Cricklewood South scheme.
The JV is currently seeking a new chief executive who will take up the role next year before assuming responsibility for “all elements” of the business in 2020.
Argent said the successful candidate will be tasked with expanding the joint venture into a global leader in real estate.
The company has been developing the £2billion site in King’s Cross since 2008.
The scheme was given a boost in 2013 when Google unveiled its plans to build a £650million HQ on the site.
Earlier today the AJ revealed the first images of Alison Brooks Architects’ proposed new residential tower scheme at King’s Cross, which will provide 158-homes within a trio of buildings rising from four to 15 storeys.