Coles will specialise in convenience and smaller food store developments and also carry out consultancy work.
A spokesman for Tesco said: “Philip Coles has decided, having made a lasting contribution to the company’s UK expansion and most recently managing the mixed-use subsidiary Spenhill, to leave the business to pursue other interests.”
As head of Spenhill, Coles was responsible for procuring and developing the new generation of mixed-use development projects where a Tesco store acts as the anchor tenant.
- Dartford: Tesco store, 926 new homes, shops, cafes and restaurants and more than 600 jobs.
- Woolwich:1.5m sq ft scheme incorporates 960 homes, 35% will be affordable, and includes a library, civic offices
- West Bromwich: Town centre plan includes 29,820 sq m of retail including a 13,000 sq m Tesco store and further space for cafes, restaurants and a 10 island petrol filling station
- Kirkby: £400m plan involves the relocation of Everton Football Club, a Tesco Extra and in excess of 50 new retail units
- Gateshead: Trinity Square scheme involves Tesco Extra store, plus 200,000 sq ft of retail and leisure units, student accommodation and a hotel
- Newcastle: Partnership with Newcastle University and Newcastle upon Tyne NHS Foundation Trust, for a Campus for Ageing and Vitality.
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