THE PROPERTY developer who said “Leeds has got its mojo back” has left his company with immediate effect.
Rick de Blaby was chief executive of MEPC, one of the most important investors in the city through its ownership of the 22-acre Wellington Place site.
The company played a key role in kickstarting the economic recovery of Leeds when it commenced work nearly a year ago on the first major office to be built in the city since the financial crisis. MEPC secured law firm Shulmans and private bank Brown Shipley as tenants for the 35,000 sq ft building at Wellington Place.
Breaking ground last May, Mr de Blaby hailed the arrival of Trinity Leeds shopping centre, the Leeds Arena and the forthcoming Tour de France and said he hoped that Wellington Place could play its part in the revival of the city’s fortunes.
MEPC confirmed his departure yesterday: “After eight-and-a-half years as CEO at MEPC, Rick de Blaby has decided that it is time for him to seek a new challenge, and will therefore be leaving MEPC with immediate effect. Rick led the repositioning of MEPC to become the UK’s foremost manager of exceptional, commanding estates and the executive team would like to thank him for the significant contribution he has made over the last eight years.”
Mr de Blaby did not respond to calls for comment.