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Everybody seems to love Geoff Wright, construction and director at developer Hammerson. That鈥檚 why they take the mick out of him. John Richards, chief executive at developer Land Securities, says of Wright鈥檚 most important project: 鈥淕eoff鈥檚 scheme at 420 Fifth Avenue in New York lost 拢90m. His response? 鈥業t was on time and on budget鈥�.鈥�

After 37 years at Hammerson, Wright leaves today. Richards says that the 62-year-old had 鈥渁 bigger impact on Hammerson than anyone else鈥�. Few would disagree, particularly the Hammerson board, which made an exception to its rule that directors had to retire at 60 by asking Wright to stay for two-and-a-half more years.

Of all the schemes he has worked on in that time, Wright has two that he hopes to be remembered for - Birmingham鈥檚 Bullring development, a 1960s eyesore that in 2003 was transformed into one of Europe鈥檚 most state-of-the-art shopping centres, and the aforementioned 420 Fifth Avenue project.

The latter scheme, which was built in 1989-92, must be one of the most eventful any UK developer has been involved in. There were two murders on site, with one man pushing his supervisor down a lift shaft and another shot after an argument. During one of the many trade union strikes, one man climbed up a tower crane and poured sulphuric acid on the gear box, delaying work for eight weeks.

鈥淎nd then halfway through, all the city officials were locked up on corruption charges!鈥� laughs Wright, who is renowned for his sense of humour and virtual comedy double act with Benny Kelly, the director of contractor Sir Robert McAlpine.

People might be challenged by his singular and direct style of doing business

Steve McGuckin

There is a serious side, though, and Wright does indeed argue that Fifth Avenue was on time and to budget. He points out that the property crash sent rents plummeting, meaning the scheme didn鈥檛 rake in as much as was hoped once it was built. Hence the loss that Richards mentions.

He is known to be a tough negotiator, and Steve McGuckin, who is project director at Hammerson鈥檚 rival Land Securities, says: 鈥淧eople might be challenged by his singular and direct style of doing business.鈥�

Wright is a very frank man, as is shown by his views on the government鈥檚 conveyor belt of construction ministers: 鈥淚t鈥檚 quite ridiculous that construction has its fifth minister in five years. People take construction for granted, but it affects everyone鈥檚 lives. But then, that鈥檚 not a vote-winner.鈥�

McGuckin says that Wright will be missed, before suggesting that Wright 鈥渓oves it too much to disappear鈥�. He is correct on that point - Wright has already taken up a non-executive directorship with regeneration agency English Partnerships. Wright himself insists that he will advise property firms on major schemes, and adds that he is currently negotiating two other non-executive directors鈥� roles, which should both be announced by September.