The responsibilities of the Vice President, Development include managing all phases of the development and/or redevelopment of assigned properties from the time of initial due diligence & site acquisition through stabilized occupancy.
ESSENTIAL FUNCTIONS:Assess feasibility for potential site (both land and existing property) acquisitions including: property condition, entitlement probability, financial and market analysis, initial product identification, environmental studies, engineering and land use studies, etc.Responsible for managing and overseeing the planning and entitlement process, including representation before municipal and other regulatory boards, working with land use attorneys, land planners, architects, engineers and other consultants, and local officials.Primary responsibility for administering design and construction contracts, establishing scope, pricing, performance, and adherence to budget and schedule.Responsible for preparing well-written and documented packages for development/acquisition/disposition activities.
NON-ESSENTIAL FUNCTIONS:Approximately 25% to 75% time spent traveling to various project sites, depending on assignment.
SUPERVISORY RESPONSIBILITIES Responsible for managing Development project team members
EDUCATION/EXPERIENCE REQUIREMENTS: Bachelor’s Degree in business, real estate and/or finance, architecture or urban planning or related major.Minimum of 10 years work experience in real estate development related fields including construction, finance, architecture, urban planning, government regulatory agencies, campus management, project management, with priority given to development managers in real estate organizations.Demonstrated knowledge of the market dynamics and real estate values in a given area/region.Significant experience in conceptualizing, site planning, programming and executing development of mixed-use, office, retail and multi-family projectsMRED preferred.
KNOWLEDGE, SKILLS AND ABILITIES:Proficient in Microsoft Office, Microsoft Project, Excel and Word.Proficiency in use of CADD or similar design software.
PERFORMANCE METRICS:Delivery of Projects that meet financial underwriting criteria.