Shelbourne Development brings together the energy of talented professionals from Europe and the U.S.
Each member of the team has something in common: a drive to see results. They realize part of development is being able to understand risk and all its variables: the market, the people, the finances, the players.
Teams in Dublin, Europe and the U.S. consider hundreds of projects every year. They act on the best: they’ve done their homework. Collectively, the teams use their knowledge to ensure deadlines are met and developments are successful.
Garrett Kelleher
The executive chairman of Shelbourne Development, Garrett Kelleher, is recognized as an innovative and driven property entrepreneur. He built that reputation from the ground up – starting his career in Chicago as a subcontractor renovating run-down apartment buildings.
Regarded as a shrewd negotiator and a bold decision-maker, Kelleher has consistently generated superior returns from his investments.
His latest project – the Chicago Spire - promises to redefine the renowned Chicago skyline. Kelleher is no stranger to Chicago as he has undertaken a number of projects there previously and is also dedicated to helping bring the 2016 Summer Games to the city as a member of the Chicago Metropolitan Organizing Committee. In Ireland, Kelleher has a number of projects at various stages of development with a gross area potentially in excess of 4 million sq. ft. The projects will roll out over the next 5 to 7 years.
Ivan Bowen Murphy joined Shelbourne as President International in 2008. He has a deep understanding of global financial and property markets based on previous experience as a Fund Manager for Aberdeen Asset Management and was one of the founders of Fairfax Investment Bank in London.
Chris O'Connell joined Shelbourne in 2001 following a career in investment banking in Dublin, London and Frankfurt. He was a director of Kleinwort Benson (now Dresdner Kleinwort Wasserstein) in Frankfurt before joining Ireland’s leading corporate finance adviser, IBI Corporate Finance, in 1994. As Managing Director of Shelbourne’s Irish operations, O’Connell brings a deep understanding of financial structures, tax structures and cross-border banking to the firm.
Tom Hamilton joined Shelbourne nine years ago and is highly regarded as a chartered surveyor. Hamilton, as a Shelbourne Director, is involved in all aspects of property acquisition and management. His leading work with the UK Valuation Office, Nelson Bakewell and Christie & Co. underscores his understanding of the UK and Irish property market.
Emmet O'Reilly is Shelbourne’s Finance Director in Ireland bringing exceptional acumen in financial modeling, taxation and banking. He has immense experience in deal structuring, corporate finance and financial management.
Peter Smolenski is an expert in the world of U.S. development finance. His expertise in financial structuring, sourcing and executing real estate development deals in the United States is second to none. Smolenski leads the Chicago team, founding the Chicago Shelbourne office which opened shortly after Kelleher acquired the land for the Chicago Spire.
Joseph Harmening joined Shelbourne's Chicago office in 2007 as Director of Development and is responsible for new acquisition and development opportunities. Harmening was formerly the Chief of Infrastructure for the Mayor's Office in the City of Chicago and also served as the First Deputy Commissioner for the Department of General Services.
Stacey Thomas Balten is an experienced executive management team member with a wide range of achievements in real estate development. She provides oversight and direction regarding legal and business matters and is instrumental in the development of corporate policy and strategy. Stacey has worked on several significant projects nationally in the US and in the Chicago area.
Niall Collins is recognized for his ability in project evaluation, feasibility analysis, design and project management. He has more than a decade of experience in property markets around the world. His previous responsibilities include a significant mixed development portfolio with an end value in excess of 1.5 billion Euro.
Jim Osborne has been responsible for the delivery of a number of high profile commercial developments. Over his 20-year career, Jim has managed and supported others in the delivery of millions of square feet of space in some of the most innovative projects in North America, Europe and Asia. He is extremely experienced in managing the development of large-scale projects either for end-users or on a speculative basis.
