Description
Responsibilities
The Development Manager will assume responsibility to manage, implement, and complete development activities within an assigned region. This position represents Dalfen in all respects of the development process from assisting in site viability and market analysis through design, entitlement, and construction.
Land Analysis/Acquisition
- Participate in market analysis with Market Officer/ Regional Director Development
- Participate in site availability / feasibility with Market Officer/Regional Director Development
- Conduct site due diligence
- Coordinate zoning analysis
- Analyze and document utilities availability, existing and proposed site drainage and site accessibility and exposure
- Jurisdictional determination of streams and wetlands
- Contract for geotechnical investigation, Phase I environmental survey and boundary & topographic survey
- Develop public strategy and relationships with city officials
- Determine tax incentives and permitting procedures/ timing
- Build Development Budget for the conceptual financial model
- Initiate conceptual pricing – infrastructure and mass grading and buildings (site work and shell)
- Build conceptual development schedule
- Direct Analyst with conceptual financial model
- Assist Director Development in land contract negotiation
- Work with Market Officer/Director of Development to submit offer letter or letter of intent
- Arrange for property insurance (with Company Risk Manager)
Pre-Construction
- Interface with customers, brokers, marketing, contractors, consultants, city/ county officials and other governmental entities, economic development
- Manage Design Team (Planner, Civil, Environmental, Geotech, Architect, Structural, Landscape, G.C. Pre-Construction Manager)
- Contract with consultants
- Conduct design review meetings w/ all design consultants
- Refine schedule/organize fast track method with city/design team
- Analyze and recommend value engineering opportunities
- Finalize site and building design and send out for pricing/sub-bids
- Refine development budgets, schedules, and market assumptions for the financial model
- Review and approve monthly invoices from consultants and vendors
- Manage Public Strategy
- Understand and manage entitlement process
- Re-zone if required
- Investigate plat requirements/timing
- Obtain tax abatements and other available incentives
- Negotiate and obtain Development Agreements if required
- Obtain grading/foundation/building permits as required by city
- Negotiate easements and other off-site issues
- Manage Development Schedule
- Work with architect and Market Officer / Marketing Director/ Manager to produce marketing material and get signage fabricated and installed
Financing
- Assist Legal to complete loan checklist
- Work with Operations Manager to create bank budget and cash flow assumptions
- Supervise the assembly of development due diligence information for Appraiser and Lender
- Work with tenants to obtain SNDA’s and other required documents
- Re-certify surveys, geotech, environmental, etc. to bank as required
- Develop relationship with bank inspector
- Track and complete post-closing issues as required
- Assist Accounting to complete monthly bank draws as necessary
Construction
- Work with City to expedite permitting
- Finalize pricing/ bids into schedule of values as basis for contract amount
- Review and finalize construction contract
- Attend weekly job meetings and monitor job progress
- Maintain City relationship through construction process
- Facilitate owner decisions in a timely manner
- Negotiate utility connections, relocations, and costs
- Review and approve sub-contractor buy-out recommendations
- Review and process monthly contractor pay-applications
- Update the Development Cost Summary on a monthly basis
- Work with bank inspector to quickly process pay-applications
- Work with Property Management and G.C. to expedite the punch-list process
- Conduct post-construction lesson learned discussion
- Review monthly cost reports
Marketing
- Assist Marketing Director to develop and submit proposals
- Develop lease layouts for Tenant Improvements or Build-to Suits
- Provide scheduling information
- Provide pricing for Tenant Improvements (large projects only) and Build-to-Suits
Required Skills/Abilities
- Effective written and verbal communicator who can operate within a wide spectrum of internal executives, municipal authorities, tenant executives, community groups, industry professionals and brokers.
- Solid grasp of financial analysis techniques as they apply to development projects.
- Outstanding interpersonal skills and the ability to work in a fast moving, demanding and dynamic organization.
- Ability to build and maintain relationships with a variety of professionals.
- Must have the aptitude to efficiently and effectively act as a liaison between the key team members (Director Dev/Analyst/Market Officers).
- Must carry act in a professional manner inside of the work environment as well as outside.
- Intuitive, creative, market-savvy. Development Manager must demonstrate capacity to recognize market trends.
- Collaborative, team-oriented work style, which seeks the benefit of the company, and utilizes the best human resources available to accomplish that.
- Willingness to travel.
Education And Experience
- Bachelor’s degree required (preference in real estate, construction management or engineering).
- 5+ years of experience in commercial real estate development and construction with an emphasis on industrial product.
- Experience working with various cities and municipalities to process plans and documents.
- A functional understanding on how to prepare and review contractor and consultant proposals, agreements and contracts.
PI154140126
Job Function
Not specified
Job Sector
Not specified
Experience
2+ to 5 years
This job is no longer active.