Interested and qualified candidates, please submit your resume to:

Christina Smith | christina@kelleraugusta.com

Category:Construction Development 

Director, Development

Burlington, MA

JOB DESCRIPTION

Company Overview

Our client is a New England based, vertically integrated commercial real estate firm. This firm has acquisition, development/re-development, entitlement, construction, leasing, and asset/property management expertise. Our client’s portfolio consists of land, office, R&D/flex, industrial, retail, mixed-use, and self-storage properties, with holdings throughout New England and beyond. Our client continuously strives to be an engaged owner and manager in every one of our projects. This approach consistently enables our client to outperform the market in each of our asset classes.  This firm is in the midst of a dedicated acquisition campaign to expand and diversify our real estate holdings. We strategically invest on our own account, and with select investment partners and institutions, in markets where we can leverage our platform and expertise to add value and maximize investment returns.

Position Overview

Established and rapidly expanding commercial real estate (CRE) firm seeks candidate to join our entrepreneurial team as we expand our portfolio through strategic institutional partnerships.

The candidate will be responsible for project management of commercial real estate development and redevelopment projects. The primary initial focus will be on the expansion of our company initiatives throughout New England. More specifically, responsibilities include: managing due diligence, design, permitting and budgeting for proposed development projects; selecting and managing third party consultants; resolving zoning issues; establishing accurate budgets; setting and managing project schedules; negotiating and managing contracts; as well as developing and maintaining relationships with vendors, public officials and various other stake holders. The candidate will report to the Executive Management Team.

Key Responsibilities

Feasibility Analysis and Site Acquisition

  • Analyze and review the market, zoning and site information through direct investigation and third-party consultants
  • Assist the Executive Management and Acquisitions teams with identification and procurement of development deals

Design Process

  • Coordinate design teams
  • Maintain relationships with internal design, estimating and pre-development teams
  • Review and comment on design and construction documents
  • Monitor market conditions and events relative to development projects
  • Manage material and finish selection process

Permitting

  • Coordinate permitting of new development projects
  • Represent development projects and company publicly - this includes attending and participating in public and private hearings as well as meetings with vendors, consultants and various stakeholders
  • Develop permitting strategies and conduct presentations to zoning and permitting boards for approval
  • Responsible for expediting the project(s) path through complex entitlement processes.

Third Party Consultant Management

  • Manage various consultants, including but not limited to design, engineering and outside permitting consultants
  • Work with in-house staff or general contractors through the design process to confirm budgets, schedules and constructability
  • Review consultants’ work for detail and accuracy

Financial and Schedule Management

  • Establish and maintain development budgets and manage the project according to approved budgets
  • Understand and execute financial models and proformas for development projects
  • Develop and maintain comprehensive critical path schedules for development projects

Coordination of Design during the Pre-Construction Process

  • Manage the design process including master-planning, civil engineering, architecture, traffic engineering, geotechnical, environmental, lighting, landscape and graphic design
  • Review contractor requests for information and architects’ supplemental instructions and submittals
  • Coordinate the procurement of furniture, fixtures and equipment
  • Coordinate and facilitate the transition from construction to operations

Coordination with Existing Operations Staff

  • Work with existing operations staff on operating budgets
  • Coordinate transition of development projects to operating staff
  • Work with operations staff to assess opportunities and efficiencies across operations and platforms

Additional Responsibilities

  • Interact with joint venture capital partners on all aspects of the development
  • Conduct and/or coordinate research on new zoning regulations, state regulations and state programs that may affect proposed development projects
  • Maintain familiarity with building codes and best practices
  • Interact with attorneys and review legal documentation
  • Comply with all Company policies and procedures
  • Attend public hearings and on-site construction meetings to ensure compliance with created documents
  • Spearhead ad-hoc special projects

Qualifications

  • 5+ years of experience in real estate development
  • Bachelor’s Degree in a related field (engineering, architecture, finance, development etc.)
  • A background in development, permitting, design, engineering or architecture
  • Significant experience in developing commercial real estate projects from permitting through all stages and components of the development project process in the New England market
  • Attention to detail and excellent organizational skills.