Swire Properties’ Stephen Owens will retire as president in January 2017, the real-estate development company announced Wednesday.
“For the past 40 years, Stephen has provided invaluable leadership and has been instrumental to the company’s investment and growth in the U.S.,” said Guy Bradley, chief executive of Swire Properties.
The news comes as the local subsidiary of Hong Kong-based conglomerate Swire Pacific wraps up construction of Brickell City Centre, a 9.1-acre mixed-use mega-development that experts say will transform downtown Miami. Owens will remain president through completion of the project.
Following his retirement, Owens will serve on the board of Swire Properties, providing counsel on Swire’s U.S. ventures. He will be succeeded by Kieran Bowers, who currently serves as general manager of Swire’s Cityplaza, a 3.27-million-square-foot mixed-use development in Hong Kong.
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Owens joined Swire Properties in 1976 and served in a number of senior management roles in Swire’s U.S. operations, including director of acquisitions and vice president of commercial properties. He was appointed president of Swire Properties’ U.S. operations in 1985.
Follow Debora Lima on Twitter @dtdlima.