Development Director

Job Overview
Reporting directly to the CEO, we are currently seeking an experienced Development Director to join the team. The Development Manager will be responsible for delivery of the several the Company’s projects in line with our international standards in design and execution that meets our company’s and stakeholder’s objectives.
You will have prior experience in Development with the ability to demonstrate clear authenticity, strong leadership presence and strong ability to communicate with impact. You will have the ability to identify and mitigate risks impacting project delivery and performance.
Additionally, you will have significant built-form development experience ideally hotels, resort, residential, office and retail.

Development Director Job Duties
• Spearhead the market studies, feasibility analysis of potential development sites and evaluate associated development schemes.
• Drive feasibility and conceptual planning to determine land use potential, best use, product mix and size to maximize Return in Investment.
• Development planning for successful development of real estate projects, which would include extensive financial investment analysis, pro-forma modeling of new developments, opportunistic investment strategies and potential public participation. Finance dept. will work directly with you on financial models to ensure their accuracy options.
• Prepare and direct internal requests for authorization of capital investment and expenditures to initiate development, prepare investment committee packages and investment committee package support.
• Support, direct the identification, RFP Process, scope, schedule, appointment, payment schedule with all design consultants.
• Direct activities with attorneys, architects, engineers, and other consultants to plan projects related to public entitlement, site permits, acquisition due diligence and closing activities.
• Work with local citizen groups, governmental bodies and other interested parties to obtain necessary project permits and entitlements.
• Direct and manage the Development Project Execution Team responsible for the construction of projects, coordination of designers and consultants and general contractor, etc.
• Monitor and assure timely completion of the investment and development within the established budget, schedule and required investment returns.
• Initiate, plan and manage the marketing and leasing plan for development/investment opportunities, including all aspects of marketing materials and promotion, broker relations and supervision of listing agents (as applicable) to broadly expose property, anticipate competition, and secure lease prospects.
• Pursue prospective tenants for leasing of available retail space and other non- hospitality project components and negotiate letters of intent and lease agreements directly Asset Management Team and with tenants to ensure the achievement of stated development and investment goals.
• Understand and negotiate all aspects of lease agreement with Asset Management Team to determine the impact of each lease on the value of each development/investment.
• Provide leadership, mentoring, professional guidance, direction and supervision to other internal team members, including Development Project Managers and Investment Analysts.
• Consult with and assist Asset and Operations Managers in identifying operational and management issues, opportunities and benefits relating to development design and construction and transfer of property to portfolio status or sale at completion. Such consultation will include materials and equipment selection, which will be used in developing projected stabilized operating budgets.
• Work with Development team to transition project acquisition and entitlement to project programming, design and delivery phase.

Development Directors Job Qualifications
• Relevant tertiary qualifications in a property related discipline such as Real Estate Development, Architectural Design, Real Estate Business Models and Feasibility stories, Property Economics, Commerce, Construction Management, etc.
• 10+ years relevant experience
• Previous experience working with a Hotel, Resort, Residential, Mixed-Use, new Community Development.
• Demonstrated knowledge of all stages of the development lifecycle
• Outstanding interpersonal and communication skills
• Strong team focus and relationship management abilities

- Discuss in the interview

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