Commercial Development Manager

7 days ago

Orlando, Florida, United States Park Square Homes Full time
Job Title: Commercial Development Manager

We are seeking a highly skilled Commercial Development Manager to join our team at Park Square Homes. As a key member of our development team, you will be responsible for overseeing the development process, from planning to completion.

Key Responsibilities:
  • Manage the pre-construction and construction process, including planning, design, entitlement, construction, lease-up, and stabilization of projects.
  • Coordinate due diligence materials, such as geotech reports, environmental reports, surveys, and present findings to management on the viability of sites for development.
  • Research zoning/permit, impact fee, utilities, title, liens, and easements, and assist in the underwriting and acquisition process.
  • Participate in product development, unit mix, and development program, and provide directions to architects and engineers on the development intent.
  • Lead the entitlement process from zoning approvals through other permits necessary for construction and project completion.
  • Maintain and track all approvals, easements, and necessary permits required throughout the project development.
  • Review loan and partnership documents regarding development-related requirements and assist in the loan closing.
  • Coordinate and review architectural/engineering drawings and other construction specifications.
  • Coordinate and review contracts (scope, schedule of values, and other important terms) of architects, engineers, other consultants, and AIA contracts of general contractors and other vendors.
  • Coordinate and assist in the value engineering process.
  • Coordinate and review RFIs, submittals, change orders, inspection reports, and track project costs during construction.
  • Manage and supervise all owner-supplied contractors and their contracts, including FFE vendors and utility companies such as power, gas, data/telecom, etc.
  • Review and approve pay apps of contractors and other consultants and coordinate bank draw requests for timely payment of all project stakeholders.
  • Maintain the NTO (Notice to Owner) log and coordinate for lien releases.
  • Coordinate with vendors, contractors, and management for maintaining necessary insurances such as general liability, builder risk insurance, etc.
  • Conduct regular development meetings with all consultants and stakeholders, and site OAC (owner architect contractor) meetings during construction.
  • Coordinate with general contractors on minutes of site OAC meetings, monthly status reports, and other progress reports.
  • Prepare and maintain development budgets, cash flow projections, project timelines, and prepare monthly status reports for investors.
  • Oversee the punch-out process of finished units and coordinate with the asset manager and on-site leasing staff for managing tenants' move-ins during the early lease-up phase.
  • Review handover documents such as punch lists, warranty documents, and as-built drawings.
  • Maintain relationships with land use attorneys, municipal officials/inspectors for timely resolution of development and construction-related issues and other miscellaneous permits.

Requirements:

  • 5 years' experience in commercial development, preferably in multifamily and hotel projects.
  • Bachelor's degree (Master's preferred) in real estate, business, construction, architecture, or other related fields.
  • 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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