Former URW COO to be appointed board chair of Oxford Street Development Corporation

By
Simon Creasey

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London mayor Sadiq Khan is proposing to appoint former Unibail Rodamco Westfield (URW) chief operating officer Scott Parsons as board chair of the Oxford Street Development Corporation (OSDC).

At URW, Parsons oversaw flagship retail destinations at Westfield London and Stratford City, and prior to that he spent 13 years at Landsec, where as head of property for its London business, he managed a diverse portfolio of buildings. 

Parsons is a former non-executive director of the New West End Company (NWEC) and is currently the chief executive officer of Lysara.

Khan intends to establish a Mayoral Development Corporation (MDC) dedicated to regenerating the Oxford Street area to make it a world-leading urban space for shopping, leisure and outdoor events.

Khan said: “With a wealth of experience in London’s retail and property sectors, Scott has the extensive knowledge and insight needed to play a key role in delivering our bold plans to transform Oxford Street. I’m determined to unlock Oxford Street’s true potential to create a world-class leisure destination, as we continue to build a better London for everyone.”

Parsons added: “The Oxford Street transformation provides the opportunity to put a world-famous icon back on the map. I’m looking forward to working with the mayor, the new development corporation chief exec and their teams on this exciting project.”

Dee Corsi, chief executive of the New West End Company, said: “We welcome Scott Parsons’ appointment as board chair of the Oxford Street Mayoral Development Corporation. Scott brings a wealth of experience in real estate, retail and placemaking, having led major projects across London. We look forward to working closely with him to deliver on Oxford Street’s full potential.”

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