KEEPING LORD'S WORLD CLASS
Founded in 1787, Marylebone Cricket Club is the most active and famous cricket club in the world and owner of Lord's Cricket Ground - the Home of Cricket.
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MCC has appointed one of the UK’s leading property experts, Stephen Musgrave, to advise the Club on the next stage of the Vision for Lord’s project.
The Vision for Lord’s, which was unveiled late last year by architects Herzog and de Meuron, seeks to increase capacity and deliver a range of new and improved facilities at the Home of Cricket.
These include a new cricket academy, improved MCC Museum and library as well as shops and exhibition space.
Musgrave was, until recently, Managing Director of Hines UK, and before that Chief Executive of Grosvenor UK.
He has over 25 years of property experience throughout the UK and Ireland with a particular emphasis on major projects in London and the South East, including Grosvenor Place, Canon Place (City of London) and Festival Place in Basingstoke.
Initially, Musgrave’s role will be to review the shortlisted bids from three potential development partners - Almacantar, Capital and Counties and Native Land - and recommend how to take the project forward.
He will work closely with MCC Secretary & Chief Executive, Keith Bradshaw, Masterplan Project Director, David Batts, and MCC’s Development committee, chaired by Robert Griffiths QC, alongside Cushman & Wakefield and Slaughter & May, the Club’s external advisers.
Mr Musgrave said: "Since leaving Hines in the summer I have been looking to develop a portfolio of non-executive roles and to be an advisor on interesting and high-profile projects.
"MCC’s Vision for Lord’s fits this brief and is a major, exciting long-term development opportunity in Westminster, a borough I know well, with cricket at its heart."
Mr Bradshaw, MCC Secretary & Chief Executive, added: "We are now at a key stage of the project where detailed and informed assessment is vital.
"Stephen brings a wealth of this experience and a deep understanding of the development industry, especially here in the capital.
"His detached, objective assessment will help guide the club forward in taking what will be one of the most important decisions it has made for decades."