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January 26, 2017
Beacon Development Group said founder Paul Purcell, who has led the firm for 18 years, will retire in March. Two executives are stepping into leadership roles. Effective Jan. 1, Cindy Proctor and Brian Lloyd were named vice presidents. Proctor has been with Beacon for 11 years, and recently led the development of Plaza Roberto Maestas, a TOD apartment project on Beacon Hill. Lloyd is a 13-year veteran at Beacon, and is currently developing 40 affordable units at Pike Place Market. Together, the two have led in the creation of over 4,000 units. Beacon specializes in affordable housing, offering consulting services and developing more than 80 of its own projects, with a value exceeding $1 billion.