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Forest City exec joins Oxford Properties as head of NY development
Kate Bicknell will guide the St. John’s Terminal project
Oxford Properties Group has hired Forest City executive Kate Bicknell as a vice president and the head of its New York development team.
Bicknell officially joined on Monday, the Commercial Observer reported. She will guide the redevelopment of the 1.3 million-square-foot St. John’s Terminal, part of which Oxford and Canada Pension Plan Investment Board purchased for $700 million.
The St. John’s Terminal project coincided with a leadership shake-up at Oxford. CEO Blake Hutcheson is leaving to head up Oxford’s sole shareholder: the Ontario Municipal Employees Retirement System. And one of the executives who launched Oxford’s New York operation is leaving the company. Oxford’s New York portfolio is valued at more than $12.8 billion, according to CO.
Bicknell will work with Dean Shapiro, the head of U.S. development for Oxford. A spokesperson for Oxford told CO that said Bicknell will “oversee a growing team.”
At Forest City, Bicknell worked on the $4.9 billion, 22-acre residential development Pacific Park and the six-story, 235,000-square-foot Tata Innovation Center at Cornell Tech’s Roosevelt Island campus.
Oxford is best known for partnering with Related Companies on Hudson Yards, the $25 billion megadevelopment that’s transforming Manhattan’s Far West Side. Oxford and Related recapitalized a portion of 10 Hudson Yards with a $400 million-plus investment from the Ohio state teachers’ pension fund. [CO] — Meenal Vamburkar