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News and Information Article
- Appointment of Melanie Balfour Heywood to expanded Real Estate Services team
reflects accelerated growth in companys development and redevelopment
projects
SANTA MONICA, Calif., Feb. 10 /-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 companys 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 Corporations world headquarters on the Thames River.
Back in the U.S., Balfour Heywood was a vice president, senior asset
manager for Lend Leases 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 Companys
website at http://www.macerich.com.
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