Development Coordinator

3 weeks ago

Orlando, United States Park Square Homes Full time
Job DescriptionJob Description

Kimaya is a third-generation, family-owned, commercial real estate firm based in Central Florida known for providing uncompromised quality, expert market knowledge, and long-term value for our partners and investors. Our diverse development portfolio includes multifamily, Build to Rent, senior residences, hotel, retail, and beyond. Kimaya was formed in 2015 as a commercial subsidiary of Park Square Enterprises, LLC, an Orlando-based real estate development company founded in 1984 by Braham Aggarwal and his son-in-law, Suresh Gupta. One of Central Florida’s premier developers, Park Square Enterprises has been family-owned and operated for more than 35 years. Today, both Kimaya and Park Square Enterprises are led by Vishaal Gupta, son of Suresh Gupta, bringing three generations of superb family leadership and values to the organization.

Job Duties/Responsibilities: This position will be involved in all facets of the development process, including but not limited to the coordination with consultants, engineers, land brokers, contractors, third-party reports, and other due diligence materials. Other job duties include:

  • Manage the pre-construction and construction process including but not limited to planning, design, entitlement, construction, lease-up and stabilization of projects within established parameters under the general supervision of Director - Developments
  • Collaborate in due diligence investigations and coordinate for due diligence materials and present findings to management on viability of sites for development
  • Assist Director -Acquisitions and Developments in analyzing new development opportunities through market research, demographic studies, rental comparables, cost estimates, local permit and fee cost etc.
  • Assist Director- Acquisitions and Developments in preparing and tracking the key metrics sheet and quarterly plan of the whole portfolio.
  • Assist in upkeeping the tracker of new and existing acquisitions.
  • Hire and manage design professionals and consultants.
  • Provide management direction to the design consultants with respect to design related issues
  • Conducts regular development meetings with all consultants & stakeholders
  • Coordinates management approval of site plan, elevations, floor plans, interior design, and other design presentations
  • Lead project entitlement process from zoning through project permits necessary for construction
  • Prepare and maintain development budgets and cash flows
  • Establish project timelines as well as spending forecasts
  • Prepare monthly reports, schedules, and budget updates
  • Coordinate with construction manager as necessary to meet budget and timing targets
  • Coordinate with construction manager on RFI’s, tracks hard and soft cost change orders, monitor and document project costs during construction
  • Research on construction cost estimates, local permit, and impact fee data
  • Monitor trends in the local construction market including pricing and availability of materials and labor
  • Research design and construction alternatives and value engineering opportunities that will enhance new developments without compromising functionality or life cycle costs

Minimum Requirements:

  • 1-3 years' experience in Commercial Development, preferred Multifamily.
  • Bachelor’s degree (Master’s preferred) in Real Estate, Business, Construction, Architecture, or other related field
  • Proficiency in creating reports and schedules
  • Advanced proficiency in Microsoft Office Suite, specifically Word and Excel
  • Strong research, problem solving and analytical capacities
  • Ability to travel up to 25% of the time within the Orlando Metropolitan area

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