Retail estate veteran Scott Parsons proposed to chair Oxford Street Development Corporation Board
The Mayor Sadiq Khan is proposing to appoint Scott Parsons, a highly experienced leader in retail and development, as Board Chair of the Oxford Street Development Corporation (OSDC), which will drive the regeneration of Oxford Street and unlock its true potential.
Scott has an extensive background leading major projects in London. As UK Chief Operating Officer of Unibail Rodamco Westfield from 2019 and 2025, he oversaw flagship retail destinations at Westfield London and Stratford City, guiding the UK business through the Covid period. He also brings 13 years of senior experience from property and development company Landsec, where as Head of Property for its London business, Scott managed a diverse portfolio including buildings on Oxford Street spanning from Park House in the West to Primark and the Dominion Theatre in the East. As a former Non-Executive Director of the New West End Company (NWEC), he brings to the role invaluable local knowledge, unique insight, and a deep passion for the area.
He is currently the Chief Executive Officer of Lysara, a pan-European platform at the forefront of building and operating energy transition infrastructure in key logistics and urban markets.
The Mayor is progressing with steps to establish a Mayoral Development Corporation (MDC) dedicated to regenerating the area and ultimately making Oxford Street a world-leading urban space for shopping, leisure and outdoor events. Following support from the London Assembly in July 2025, the Mayor is working with Government to make the necessary legislation for the MDC to be established by 1 January 2026.
The Mayor of London, Sadiq Khan said: “With a wealth of experience in London’s retail and property sectors, Scott has the extensive knowledge and insight needed to play a key role in delivering our bold plans to transform Oxford Street. I’m determined to unlock Oxford Street's true potential to create a world-class leisure destination, as we continue to build a better London for everyone.”
Chair-designate Scott Parsons, said: "The Oxford Street Transformation provides the opportunity to put a world-famous icon back on the map. I'm looking forward to working with the Mayor, the new Development Corporation Chief Exec and their teams on this exciting project."
Dee Corsi Chief Executive New West End Company, said: "We welcome Scott Parsons’ appointment as Board Chair of the Oxford Street Mayoral Development Corporation. Scott brings a wealth of experience in real estate, retail and placemaking, having led major projects across London. We look forward to working closely with him to deliver on Oxford Street’s full potential.”
NOTES TO EDITORS:
The appointment is subject to a confirmation hearing by the London Assembly and follows an open and competitive recruitment process which launched in August.