Stephen Hubbard crowned chair of King’s Cross estate

Former CBRE UK boss Stephen Hubbard is joining the King’s Cross Central Limited Partnership as its new chair. Hubbard succeeds Sir David Clementi, who was the first chair of KCCLP, leading the company from 2008. Hubbard had a 40-year career at CBRE and retired from the role of chairman at the firm in 2019. He was also on the board of Workspace, where he spent the last three years as chairman. He currently has several board advisory roles and is a non-executive director of the joint venture partnership developing Canada Water. During his 16 years Clementi oversaw the creation of the 67-acre King’s Cross estate, including the completion of Pancras Square; the opening of Granary Square, which welcomed Central Saint Martins as the estate’s first occupier; the launch of retail destination Coal Drops Yard; and planning approval for the final commercial building on the masterplan, Building F1. Hubbard said: “This is an exciting time to succeed Sir David. Under his leadership, King’s Cross has successfully transitioned from a development to being a mature and exciting place to live, work and visit. “The job now is to drive the excellence in customer focus and continue to ensure that King’s Cross remains an inclusive and progressive part of the capital.” Clementi said: “It has been a huge privilege to chair the board for 16 years and to see the development of the King’s Cross estate from a brownfield site to the thriving community it is today. “I have enjoyed the job immensely, particularly since I have been surrounded by outstanding colleagues, both on the board and across our professional and advisory teams.” KCCLP shareholders comprise the pension fund AustralianSuper and clients of Federated Hermes. Photo © KCCLP