Job Description:
Job Title: Real Estate Development Manager
Company: Lifestyle Development Services, LLC.
Department: Development
Reports To: AVP, Development,
The Team You Will Join:
At LC, we look at each development with a sense of purpose. As such, Lifestyle Communities’ (LC) Development team leads the nation in planning communities that bring people together and enrich neighborhoods. You’ll join a dynamic team dedicated to handling all aspects of development from start to finish to ensure that our vision is never lost in the final product.
Who You Are:
As the Development Manager, you will oversee the planning, coordination, and execution of residential/multi-family and mixed-use projects within the company’s portfolio. You will work alongside the development team to support the development process, from project conceptualization to project completion, while adhering to budgets, timelines, schedules, and quality standards. You will work closely with internal teams, external consultants, contractors, and government agencies to deliver successful residential/multi-family development projects.
The Difference You Will Make:
- Oversight for contracting and performing due diligence tasks with respect to zoning, title, environmental risk and other potential obstacles to development.
- Coordinate with consultants and municipalities, negotiating and coordinating with architects and engineers, and reporting on project progress to principals.
- Work collaboratively with internal departments such as legal, development, construction, Home and Hospitality, finance, and external consultants throughout the development process, taking the lead and/or assisting in a supportive or collaborative role where necessary to identify and/or mitigate key project risks.
- Identify, propose, and support the implementation of creative or alternative project development approaches that reduce exposure to project risks and improve development schedules.
- Manage the entitlement process for projects from start to finish by supporting zoning, permitting, regulatory compliance, design, due diligence, legal efforts, and community development actions to ensure successful completion and gain entitlements and infrastructure services for projects.
- Monitor project progress, identify potential risks and issues, and implement mitigation strategies to ensure projects are delivered within budget, schedule, and quality parameters.
- Work with internal business partners to create business case justification.
- Manage deal timeliness, property standards and budget goals alongside internal partners.
- Learn and project manage deals in new real estate markets and determine local and regional zoning and licensing requirements.
- Follow and adhere to project objectives and scope, engage project resources, develop, and manage the execution of the project plan, monitor progress, and keep department leaders informed throughout the duration of the process.
- Guide and assist projects at each stage of the process (conceptual, discovery, execution).
- Ensure all projects follow a standardized process for reporting, filing, and project scheduling as it relates to the development process.
- Assists with project schedules for the development team and interfaces with public sector clients, local jurisdictions, owners, architects, engineers, design consultants, and other stake holders.
- Identify opportunities for process optimization, innovation, and sustainable practices within the development design and planning functions. Implement best practices to drive efficiency, quality, and cost-effectiveness.
- Keep up to date on changes in zoning regulations, land use policies, and environmental requirements to ensure project compliance.
- Complete other projects as directed and assigned by senior leadership.
What You’ll Bring:
- A strong background in real estate development, including market analysis, site selection, financial analysis, and project management.
- A “swiss army knife” type of mentality that thrives in a broad array of situations and has the energy and aptitude to grow and evolve along with our company.
- Understanding of real estate concepts and principles.
- Exceptional ability to gather, analyze and present project details in a thorough and concise manner.
- Strong knowledge of real estate development principles, including market analysis, financial analysis, due diligence, entitlement processes, and project management.
- Proficient problem solver with results driven mindset.
- Teamwork approach – ability to work effectively with other Lifestyle companies (especially Development, Construction, Home and Hospitality business units)
- Advanced skills in Microsoft office and Excel necessary.
- A highly organized, self-directed, and self-motivated mindset.
- Professional certifications or affiliations in real estate development, project management, or related areas are a plus.
- Ability to multi-task and work in a fast-paced, dynamic environment.
- Direct Reports and Reporting Relationship
- None, however, the ability to achieve results by working with others within the organization, regardless of the reporting relationship, is a critical success factor.
Minimum Qualifications
- Bachelor’s degree real estate, urban planning, architecture, business administration, or a related field or a combination of education and/or experience.
- Minimum of five (5) years of professional, hands-on real estate experience preferably with a focus on multifamily, retail, and/or mixed-use with the demonstrated ability to oversee the entire lifecycle of project from concept through completion.
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Lifestyle Communities (LC) is an Equal Opportunity Employer.