Financial Services >> CEO Interviews >> November 28, 2001

Willard Rouse Iii – Libert Property Trust (lry)

WILLARD G. ROUSE, III, is Chairman, Chief Executive Officer and President of Liberty Property Trust, a leading real estate company dedicated to creating environments that respect and enhance the lives of the people who use them. Mr. Rouse has been a driving force in real estate since the early 1970s when he founded Rouse & Associates and subsequently grew it into one of the most influential real estate operations in the country. Mr. Rouse graduated from the University of Virginia in 1966, and soon after was hired by the Great Southwest Corporation, a developer in Dallas. In 1968, he joined the Bernguil Company where he oversaw the development of the Mid-Atlantic Park in southern New Jersey, before forming Rouse & Associates in 1972. As founding partner of Rouse & Associates, Mr. Rouse developed numerous landmark properties. He is also one of the few US-based developers to partner with a European government, in developing Kings Hill in southern England, the largest mixed-use business park in Europe. Mr. Rouse's civic accomplishments reflect his dedication to the city of Philadelphia. As Chairman of the Pennsylvania Convention Center Authority, he directed the development of Philadelphia's state-of-the- art convention center, the largest public construction project ever in Pennsylvania. As Chairman of We the People 2000, he orchestrated Philadelphia's hugely successful Bicentennial Celebration, and has served on the Board of the continuing organization, We the People 2000. Mr. Rouse is currently Chairman of the $255 million Regional Performing Arts Center. As such, he is responsible for the development of perhaps the most ambitious project in the history of Philadelphia, a glittering multi-use arts complex to be opened in 2001. Mr. Rouse has also received honorary degrees from Spring Garden College, LaSalle University and the University of the Arts. Profile
TWST: Could we begin with a brief historical sketch and an overview of

Liberty Property Trust?

Mr. Rouse: Liberty began as a company called Rouse & Associates, in

1972. The company was