The Development Division is responsible for development project management activities in the High Companies and provides these services to internal High entities, as well as external real estate customers on a fee for service basis.
As Director of Real Estate Development, incumbent participates in the establishment of the company strategic plan, goals and objectives and adherence and implementation of same. The position reviews operating results against established strategic goals, budgets and schedules.
Essential Job Functions:
Demonstrated success delivering multiple, concurrent development projects on time and within budget.
Achieve established annual goals as outlined in the strategic plan, through efficient planning, direction and coordination of internal staff and external 3rd-party resources; review performance regularly against goals and take corrective action where required. This shall include active participation in development and management of financial proformas for each project.
Provide assistance to the High Real Estate Group (HREG) team on issues of long-term development planning, particularly related to the real estate services provided to the High family assets as well as to third party customers.
Coordinate internal and external development projects through all federal, state, county, municipal, and public utility reviews and other outside agency approvals.
Represent owners and clients at public meetings for all scheduled entitlements and approvals for designated projects.
Actively pursue new business opportunities for the portfolio growth as well as for fee-based development opportunities, keeping the strategic goals of HREG in focus.
On the owner’s behalf, contract with and oversee all engineering, architectural and design professional activities to maximize projects’ aesthetic and economic potentials in conjunction with the strategic goals of the Owners. This shall include insuring that all required consulting services are completed in accordance with established schedules and budgets.
Supervise the day-to-day activities of all consulting and design professionals reducing unnecessary delays, while improving profitability.
Provide accurate and current project budgets, schedules and proformas via computerized data bases, to the internal and external owner.
Work in formulating strategic plans to further grow the fee-based development segment, as well as develop opportunities for all the related High companies, as appropriate.
Act as day-to-day liaison between Customer Service Teams (CST) members and deliver frequent and accurate updates to the Owner’s representatives and Senior Vice President – Development. Make field decisions, if necessary, on behalf of the owner on all construction projects and/or appraise owner of project issues.
Maintain current knowledge on all federal, state, and local programs as they relate to the financing and development of real estate projects. Recommend business areas that will provide for sound growth and profitability of the company.
Assist with the development of the annual operating budget for the real estate development services section of the Development Division; insure compliance with approved budgets; install and execute programs of income generation, cost control and cost reduction.
Supervise (if requested) the activities of the Project Managers and Development Managers as required.
Secure competitive solicitation and organization of bids for development projects through the management of the CST process and HREG architectural, construction, brokerage and operations teams.
Coordinate regular meetings with the leasing, asset management, design financing and construction teams to ensure that all development projects are addressing the needs of the market and the customer in timing and cost control.
Promote favorable image of HREG with customers and endeavor in all activities and associations to further good will of the company.
Any other projects or jobs as directed by the Senior Vice President, Development.
7 to 10 years' experience in the real estate related industry with a thorough knowledge of real estate development and construction project management.
Proven track record of successful leadership of development projects.
Bachelor's Degree; a Master's Degree or CCIM designation is desirable.
Real Estate License is preferred but not required.