Steve Norris for Olympic Tsar?

This one is I am afraid too good to check.

One of the topics doing the rounds at MIPIM, the annual property jamboree in Cannes last week, was who will replace Baroness Margaret Ford as the chair of the Olympic Development Agency when she retires in September. By then it will of course have a wider remit and planning powers because it will becomes Boris’s new Mayoral Development Corporation in April.

One name kept cropping up as being favourite among the great and the good, and I have to report that name was Steve Norris, the former Tory vice-chairman who also ran to be mayor for the Tory Party in 2004 and 2008. As Minister for Transport Norris was heavily involved in the Jubilee Line Extension which has endeared him to the east London property community. He is also pursuing a significant development scheme around Forest Gate station via his Obsidian Regeneration and is also chairman of Soho Estates.

One well-placed source said: “Steve must be the favourite. He is friends with Boris, he knows London inside and he is popular in the East End.” Watch this space I guess.

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About Paul Norman's Olympics blog

News Editor of CoStar News, a commercial property news service. Regular blogger on the London 2012 Olympics and what it means for property and the the regeneration of East London
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