Macleod to head Stamford project.
Macleod will be responsible for the day-to-day management of multi-year revitalization of the South End, which will create a new, mixed-use neighborhood on the city's waterfront. The initiative is expected to attract $2 billion in new investment.
"There is simply no one more qualified than Bruce to oversee a project of this caliber," said James P. Cabrera, managing partner of Antares Investment Partners. "His rich experience managing large-scale projects throughout the country will ensure that this development will meet the needs of this diverse community."
Prior to joining Antares, Macleod was managing director of Atlantic Station, a 138-acre mixed-use project in midtown Atlanta, where he had principal responsibility for the 811,000 s/f of retail development. Prior to that, he served as vice president and chief operating officer of the Palladium Company, an affiliate of the Related Companies. In this role, he was responsible for the development of CityPlace, a large mixed-use development in West Palm Beach, Fla. MacLeod has also served as president of O'Connor Retail Group and Retail Property Trust, a $1.6B private REIT.
Antares has purchased three South End parcels comprising a total of 82 acres over the past year. The land will be converted into a dynamic, mixed-use neighborhood that will provide new housing, generate tax revenues and contributes to Stamford's quality of life.
Demolition activity has already begun on former Pitney Bowes industrial site, located in Peninsula Bay. The 22-acre property has been largely unoccupied since 2004.
Antares purchased the site in 2005, along with the 40-acre Admiral's Wharf site and the 20-acre Yale & Towne site.
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|Title Annotation:||Bruce Macleod joined Antares Investment Partners|
|Publication:||Real Estate Weekly|
|Article Type:||Brief Article|
|Date:||Feb 22, 2006|
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