The prize is given to a public figure that has made a significant contribution to placemaking in their communities.
King has worked on The World Squares for All study on public realms in London, which initiated a regeneration project involving the transformation of Trafalgar Square and improvement of Parliament Square.
He has also led the council’s work on Crossrail, particularly the public spaces planned for the new station being built at Tottenham Court Road.
The second Alan Cherry Debate and Award evening was held last Friday at the Royal Institute of Chartered Surveyors in London.
The award honours the memory of the late Alan Cherry CBE DL, the founder of developer Countryside Properties.
The panel of judges included architect Lord Richard Rogers, Greater London Authority housing chief David Lunts, Labour MP Nick Raynsford, architect Keith Bradley of Feilden Clegg Bradley and planner David Lock of David Lock Associates.
Also in attendance were communities secretary Eric Pickles and other leading figures from the regeneration and planning sectors.
King was presented the award by Cherry’s sons, Graham and Richard, chief executive and deputy chairman respectively of Countryside Properties.Richard Cherry said: "We had a really strong list of candidates, together with a wide range of views expressed by our eminent judging panel, which reflects the significant contributions that the shortlisted candidates have all made to placemaking and design quality.
"Graham’s very significant role can be seen in the extraordinary number of improvements around London.
"He has been very influential in making London a better place."
Last year David Ubaka, then head of design at Transport for London, won the award.
NOTE: this article was updated at 3pm, Thursday 3 May, to add a quote from Richard Cherry.