Boston, MA
Company Background:
Our client is a vertically integrated real estate investment, development and management firm that leverages over five decades of experience, the strength of its leadership team and employees and a diversified portfolio to deliver maximum value for its investors and tenants. Headquartered in Boston and investing across the United States, the firm prides itself on taking a nimble, collaborative approach to delivering best-in-class results from complex opportunities. With $12.8 billion in gross asset value invested through real estate equity, debt and fixed-income securities, the firm today owns a real estate portfolio of approximately 15.2 million square feet of healthcare and life science, industrial, retail, office and hospitality properties and more than 5,800 residential units across the United States.
Job Summary:
Oversee construction of the direct development multifamily construction projects. Provide leadership to the project staff and ensure quality, on time and on budget execution, of project from completion of construction documents through completion of construction. These phases include: scheduling, subcontractor buyout, contract negotiation, cost reporting, review of subcontracts, the handling of owner coordination, and project closeout.
Essential Duties & Responsibilities:
Construction Documents:
• Coordinate with Development lead and take ownership of, coordinate and manage the work of the design team in bringing documents from 80% GMP set through completed working drawings.
• Ability to conceptualize early in development process in order to direct design.
• Manage conformance process.
• Conduct weekly construction team meetings to identify and discuss pertinent issues requiring action or decision.
• Coordinate internally with Property Management (outsourced residential) and IT for design details.
• Follow through with action to ensure on-time decision making.
• Work with general contractor to manage and update construction schedule and operations plan.
Pre-construction Phase:
• Manage third party review team and independently review completed plans and specifications and resolve any and all errors and omissions.
• Manage value engineering process as may be required to meet budget.
• Continue regular team meetings.
• Review, critique and provide recommendations for contractor’s buy-out schedule.
• Perform in depth analysis of all bids and ensure their quality, completeness and comparative value.
• Finalize the construction schedule and plan of operations.
• Manage construction mitigation and coordination efforts with project abutters and neighbors.
Construction Phase:
• Oversee general contractor’s contracting with sub-contractors and suppliers.
• Manage the shop drawing and submittal process.
• Ensure site organization and operations are as planned.
• Ensure the uninterrupted flow of work.
• Manage the budget, prepare cost reports and administer contracts.
• Coordinate with Development Manager and Accounting for monthly draw process and financial updates.
• Manage the PCO review process.
• Ensure the integrity of Quality Standards, Schedule Reliability and Budget Control.
• Train staff if required, manage third party OPM, and manage the performance appraisal process.
• Continue to manage construction mitigation and coordination efforts with abutters and neighbors.
• Respond to work delays, emergencies and other problems
• Comply with legal requirements, building and safety codes and other regulations
Post Construction Phase:
• Manage the accomplishment of all warranty work.
• Close out all accounts according to Company policy and procedure.
JV Managed Developments:
• Work closely with JV partners to oversee construction execution ensuring on-budget and on-schedule delivery.
• Review and be familiar with CD’s and construction contract.
• Be familiar with JV documents to understand our responsibilities and approval rights and execute accordingly.
• Attend weekly job meetings (in person or virtually).
• Visit site at least once per month in advance of requisition to confirm workmanship, work being invoices, materials storage, etc.
• Review and approve draw requests, pay applications and supporting lien waiver documentation.
• Communicate effectively to SVP of Construction and Development Project Manager and/or Asset Manager any potential issues with proposed resolutions.
• Communicate effectively with the SVP of Construction and Development Project Manager and/or asset manager any additional costs that may be incurred to obtain IC approval in advance of incurring.
Qualifications:
• Minimum of 10 years’ relevant work experience as a construction manager, perferrably working for a direct developer.
• Excellent problem-solving skills, with an adaptable and flexible style in working with all types of individuals
• Project set up, budget planning, buy out, and cost reporting experience is a must
• Strong organizational abilities are essential – ability to manage and track tasks and ensure that all are completed in a timely manner
• Ability to be counted on to “get it done” without need for extensive oversight or reminders
• Personality that earns respect of contractors, architects and engineers, but with ability to take stances as needed to protect ownership interests
• Creative and results-oriented, with a strong sense of urgency
• Highly entrepreneurial and self-motivated with the ability to work equally well on own as well as in a team environment.
• Bachelor’s degree in project management, engineering, construction management, architecture, real estate development or related field.
• Experience with the development and construction of multifamily residential projects required.
• Experience delivering projects in excess of $50 million construction cost.
• Experience delivering projects in downtown Boston and in delivering mixed-use projects strongly preferred.
• Must be a collaborative, team-oriented professional with exceptional integrity, communication and relationship building skills.
• Plans for and uses resources efficiently, always looks for ways to reduce costs, creates accurate and realistic budgets, tracks and adjusts budgets
• Is attentive to detail and accuracy, is committed to excellence, looks for improvements continuously, monitors quality levels, finds root cause of quality problems, owns/acts on quality problems.
• Ability to prepare and monitor realistic construction schedules and achieve full cooperation of construction team.