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Head of real estate development

Anonymous Employer

Job Summary

Setup and work with a team of professionals on construction, leasing, financing, marketing and development expertise to conceptualize, underwrite, design and execute all real estate requirements.

  • Minimum Qualification: Masters
  • Experience Level: Management level
  • Experience Length: 7 years

Job Description/Requirements

This position will assist in identifying and evaluating options for site selection, (whether by lease or by acquisition) and pre-development (assembling consultant/contractor team, due diligence, design, programming, entitlement, etc.) and each project’s development (including construction and transition to operations).  This position will help oversee budgets and business plan preparation for the projects under his/her supervisor.

  • Analyzing the development potential of new sites under consideration including costs and time-lines
  • Drive all project related team tasks/meetings from pre-development/development through to construction and take a leadership role in making sure all parties are prepared and informed of deadlines and deliverables
  • Develop and implement marketing strategies for current projects to facilitate pre/post development revenue
  • Managing conceptual design of projects and liaising with Architects and local authorities
  • Work closely with the Finance Manager conducting project feasibility forecast for potential new and current projects
  • Key stakeholder management throughout the project life-cycle
  • Assist with selecting team of third-party professionals for each project and supervise team and inter-team relationships
  • Contribute to development of project budgets and business plans and monitor financial performance of projects under his/her supervision
  • Formulate staffing and execution plan to meet project goals and objectives (including assembling, contracting with, and managing consulting team)
  • Conceptualize and direct projects to meet client’s business goals
  • Help develop strategy to perform local and multi-state site searches for high profile, high impact, high value projects including selection and oversight of appropriate third-party agent to perform detailed city-specific search
  • Formulate criteria for both site evaluation and selection including accessibility, market characteristics, competitive environment, government subsidies, land and construction cost, permit process, etc.
  • Negotiate P&S Agreement or long-term ground leases with sellers, on behalf of our affiliates.  Oversee all aspects of site feasibility due diligence including environmental, engineering, permits, geotechnical, community, zoning entitlement, development capacity, etc.
  • Direct market research and demographic research projects, which will inform the site selection process
  • Participate in strategic planning activities for Vulcan initiatives, which will include broad areas of research and analysis about various topics
  • Lead the entitlement process for designated real estate development projects
  • Assist in management and training of less senior project managers on miscellaneous Tenant Improvement assignments for Affiliate work, if necessary
  • Work in collaboration with other Vulcan departments to ensure seamless communication and timely decision making.  The person will also present project plans to government officials and other key stakeholders to gain support and potentially financial assistance
  • Work with Real Estate leasing team who will take the lead on securing local leased space for Affiliates
  • Demonstrate honesty, responsibility, integrity and fulfillment of commitments


Qualifications and Education Requirements

  • Bachelor’s or Master’s degree (M.A. M.S. M.B.A.) from accredited institution
  • Seven to ten-plus years of experience (work and advanced education) in retail, mixed use, office and/or equivalent combination of education and experience. Must have managed all phases of development on multiple projects or single large projects
  • Ability to manage a team of cross-functional experts and to address development issues on a timely basis
  • Ability to effectively present information and respond to questions from managers, colleagues, business associates and the general public
  • Experience interacting with senior level management
  • Exceptional organization and leadership skills
  • Strong verbal, visual and interpersonal communication skills
  • Familiarity with construction and design contracts, city permit processes
  • Familiarity with development joint venture agreements, purchase and sale agreements, lease agreements, and ground lease agreements
  • Complete understanding of investment analysis such as discounted cash flow, net present value, internal rate of return analysis and other methods of presentation and analysis used in the real estate industry
  • Ability to supervise cash flow analysis
  • Familiarity with property due diligence, acquisition, and feasibility process
  • Strong understanding of real estate valuations, which would inform site selection process

Preferred Skills

  • Knowledge of Seattle marketplace
  • Strong knowledge of green building practices, procedures, and LEED designation criteria
  • Travel estimated to be 25%

Language: English and Chinese

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