THE PROPERTY DEVELOPMENT REVIEW
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Patron, BMD Northcliffe Surf Life Saving Club Patron, Wynnum Golf Club Patron, Honorary Lifetime PGA Membership and Wynnum Manly Leagues Club Patron. Following in his father’s footsteps, Scott Power currently serves as the BMD’s Group Chief Executive Officer, a role he has held since November 2020 following a career of nearly three decades with the company. Scott is a graduate of the Queensland University of Technology, having completed a Bachelor of Engineering (B.Eng., Hons.) as well as a graduate of MIT’s Sloan School of Management, having completed a Master of Business Administration (MBA) degree. In addition to leading BMD through its next phase of growth, Scott is a Board Member of Infrastructure Partnerships Australia as well as a Board Member of Australian Owned Contractors. Our exclusive interview with Mick and Scott Power shares their incredible journey & success behind the BMD Group, the practical business lessons they’ve learnt over more than four decades and the fundamentals for building and maintaining strong corporate culture.
Fraser Property Group), completing infrastructure and civil works across a number of residential subdivision projects. By 1993, BMD was generating over $40m of revenue and had 120 staff with the business continuing its rapid growth including a Major Properties and Major Projects division and the opening of new offices in Townsville in 1994, Darwin in 1997 and Melbourne in 1998. Fast forward over the next two decades and under Mick’s leadership, BMD further expanded into New South Wales (2000), launched its own development company (Urbex), 2003, acquired construction firm JMac (2005), expanded into South Australia and the ACT (2007), Western Australia & Tasmania (2015) and the Philippines (2017) - during this period, the business also launched its Industrial division in addition to growing out its service offering across its various business lines. In his current role as Group Board Chairman, Mick provides high-level oversight & guidance to the Board of Directors and across the BMD business whilst also having pursued a number of other interests, including 27 years as a Board Member of the South Bank Corporation, Board Member of the Brisbane Lions Football Club, Honorary Ambassador to the City of Brisbane, accreditations by Engineers Australia, Surf Life Saving Foundation Vice
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February /March 2024 – 9
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