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Director - Development

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
Location
Tampa
 FL
Postal Code
33602
Country
United States

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Description





Overview

When you join Hines, you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence, earning us a spot on Fast Company’s esteemed annual list of the World’s Most Innovative Companies for 2024. Discover endless opportunities to grow and make your mark at Hines.



Responsibilities

As a Director - Development with Hines, you are responsible for managing multiple real estate development and/or redevelopment projects. Director – Development is responsible and accountable for project financial results and investment returns for Hines and its co-investors. Responsibilities include, but are not limited to:

 

  • Manage multiple real estate development and/or redevelopment projects
  • Research potential land/development sites and coordinate with acquisition team
  • During pre-acquisition coordinate all underwriting aspects and build project proformas: market research, municipal requirements, zoning, entitlements, site constraints, development budget, development schedule, construction budget, construction schedule, operating budget, and financial assumptions
  • Gain entitlements for development projects through governmental agencies, formulate strategies, and direct internal and external development teams as needed
  • Perform all predevelopment activities including feasibility, oversee design, layout and entitlement, permitting and due diligence. With senior management and consultant team determine and program the scope, quality and design of projects
  • Work with senior management on the final development agreements and any easement agreements that need to be obtained
  • Coordinate with team members on any loan requirements throughout the process
  • Complete inspections and review legal documents related to property acquisitions and sales including purchase agreements, title and survey, government agreements and closing exhibits
  • Execute and refine business plan (process entitlements and position for joint venture or sale; process entitlement and perform vertical construction). Develop and refine plans, designs, cost estimates, permitting and projects timelines during the pre-construction period
  • Coordinate with Property Management and Asset Management on operating budget assumptions, including rents and concessions, and lease-up schedule throughout the lease-up process to verify accuracy of the underwriting assumptions
  • Conduct coordination meetings between construction management team members and Property Management to keep the project on track and address any issues that arise
  • Update and track al proforma/budget changes throughout the project and maintain monthly updates to senior management from inception through project completion
  • Responsible for maintaining and acquiring all documents for final project close-out, including keeping track of all outstanding letters of credit or bond that needed to be posted
  • Develop relationships with landowners, developers, civic and community groups and government agencies conducive to originating, supporting or processing new opportunities

Managing Others:

  • Manage and direct the career development of team
  • Ensure team has the appropriate technical skills, tools and facilities to competently perform their roles
  • Manage employee performance through the Company’s performance review process
  • Demonstrate effective management, leadership, coaching and development of staff to achieve Company and project team goals and objectives
  • Ensure goals and objectives are established for all staff within designated timeframes
  • Ensure job responsibilities and expectations are clearly defined and communicated, work is assigned and distributed appropriately, staff is appropriately trained, and performance issues are addressed in a timely manner
  • Conduct regular staff meetings
  • Regularly provide formal and informal feedback to team members including discussions of strengths and areas for improvement


Qualifications

Minimum Requirements include:

 

  • Bachelor’s degree in business administration, real estate, economics, or engineering from an accredited institution required, MBA in business, finance, or real estate strongly preferred

  • A minimum of five years of direct experience in project management is required

  • Work indoors approximately 75% of the time and outdoors 25% of the time

  • On occasion, perform physical inspections of construction and sales sites

  • Ability to lift up to 50lbs.

  • Availability to travel within assigned territories as necessary

Closing


Hines is a global real estate investment, development and property manager. The firm was founded by Gerald D. Hines in 1957 and now operates in 28 countries. We manage a $92.3B¹ portfolio of high-performing assets across residential, logistics, retail, office and mixed-use strategies. Our local teams serve 634 properties totaling over 225 million square feet globally. We are committed to a net zero carbon target by 2040 without buying offsets. To learn more about Hines, visit and follow @Hines on social media. ¹Includes both the global Hines organization as well as RIA AUM as of June 30, 2022.


Visit for more information.


We are an equal opportunity employer and support workforce diversity.


No calls or emails from third parties at this time please.



PI238789157

Job Function


Not specified

 

Job Sector


Not specified

 

Experience


5+ to 7 years


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Development Tampa Full Time FL Real Estate Development Manager other