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Lead Real Estate Developer

Company:
Acquaint Recruiting
Location:
Wilmington, DE, 19894
Posted:
April 15, 2024
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Description:

Acquaint has been engaged by a long-standing reputable Real Estate Developer to hire a Lead Developer.

This role will be responsible for the planning, development, financial analysis and accountability, and management of Chestnut Run Innovation and Science Park (CRISP). This is a management position with broad responsibilities for planning, execution, and delivery of development projects and other key initiatives.

Primary Responsibilities:

Campus Planning: Liaison with the Executive Team, VP of Engineering and other Company leaders to manage and execute the overall master plan for the CRISP campus.

Jurisdictional Research & Due Diligence: Identify pertinent development issues and standards that will impact any campus related projects. Work with the Executive Team to resolve accordingly.

Land Use Process & Entitlements: Manage a team of coworkers and consultants to work required processes and obtain entitlements for each campus project. Review plans to determine viability, cost, zoning requirements, local ordinance, and acceptability to the company for each project.

Municipal & Governmental Approvals: Become familiar with jurisdictional approvals needed for each campus project. Engage with municipal officials, consultants, and community while managing the process to obtain permits and/or approvals.

Equity & Debt: Strategize and work with Executive Team for projects throughout development and construction. Participate in loan closing process from entity formation, closing checklist, to loan documentation. Including construction and permanent financing.

Contract Administration: Negotiate contracts that appropriately allocate risk. Understand legal, financial, and risk management for each contract. Administration of contracts for design and construction dependent upon the agreed delivery method.

Lead Design, Engineering, and Construction Teams: Manage the campus project team throughout design, bidding, preconstruction, permitting, construction, and construction administration per each contract agreement to meet development goals (scope, schedule, and budget). Integrate cost and schedule controls throughout.

Develop & Manage Project Scope, Schedule, and Budgets: Develop and maintain a detailed project scope, schedule, and budget consistent with the approved project proforma.

Coordinate Project Accounting & Financial Reporting: Partner with internal Finance Team and review and approve all monthly and quarterly project financial reports and statements for each project.

Communicate: Provide transparency and clarity into all campus related development activities to include, at a minimum, the status of scope, schedule, and budget.

It is understood that the position of Lead Developer will require a high level of flexibility, creativity, and ingenuity in order to meet sometimes conflicting project goals, within the criteria set forth herein. The Lead Developer will strive to develop, within a reasonable timeframe, those additional skills necessary in order to meet Company goals within the criteria established.

Qualifications:

Degree in a design or construction field.

10 +/- years of experience in design, construction, and development.

Experience in local development, land municipal approvals, and construction.

Computer proficiency: Procore, Banner, MS Project (in addition to basic Microsoft tools).

Strong work ethic coupled with expertise across the full range of real estate development activities and the ability multi-task and prioritize with minimal direction.

Adheres to the firm’s values and culture of commitment, excellence, honesty, integrity, respect of others, and trust. Promote a positive, can-do attitude with a focus on customer satisfaction, efficiency, and effectiveness. Do well to do good.

Ability to travel regionally as the assigned Project may require.

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