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Development Manager

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
CHICAGO
 IL
Postal Code
60654
Country
United States

This job is no longer active.

Description


POSITION SUMMARY

 

Vequity, a growing commercial/residential real estate investment and development company located in Chicago, IL, is seeking a full time Development Manager.   The position is responsible the following roles and responsibilities:

 

ESSENTIAL DUTIES

  • Manage entitlement process from initial approval to final Certificate of Occupancy
  • Hiring and management of consultants
  • Environmental evaluation and coordination
  • Manage the development professionals to ensure project deliverables are on schedule and budget
  • Manage design, development and construction document preparation
  • Solicit bids and retain the development professionals specific to each project
  • Create and manage project budgets, including maintaining up-to-date ACR for internal reporting
  • Prepare project updates for lender and investor reporting
  • Maintain development schedule and work alongside contractor to create recovery schedule should delays occur
  • Manage value engineering process, to maximize the best design and product for competitive pricing while working with marketing team to ensure the product remains competitive in the market
  • Work with the construction management team to bid and award the various trades and vendors
  • Complete and submit internal detailed activity reports, noting completed activities, anticipated activities, problems/ issues needing attention.
  • Coordinate the delivery of retail spaces and LL work items
  • Organize and conduct project meetings with ownership and project team
  • Work with Construction Manager and Accounting team to manage pay application process and assembling bank requisition packages
  • Facilitate the condominium offering plan and AG approval process

 

REQUIRED KNOWLEDGE, SKILLS & ABILITIES

Position requires an experienced development manager with an established track record of success. Specific requirements include:

 

  • Bachelor’s Degree in Engineering, Architecture or Construction Management or related discipline or an equivalent combination of education and experience
  • A minimum of 2 years of prior real estate experience
  • Ability to read and understand construction drawings and specifications
  • Excellent problem-solving skills
  • Detail oriented and highly organized with ability to multitask
  • Creative and “out of the Box” thinking
  • Strong written and oral communication
  • Superior organizational and analytical skills
  • Must be able to work in fast paced/ entrepreneurial environment
  • Intermediate Excel and Word proficiency required
 

Job Sectors


 

Experience


2+ to 5 years


This job is no longer active.

Development Retail CHICAGO Full Time IL Construction, Development, Project Management Development Manager other