Director - Development - Tampa, United States - Hines

Hines Tampa, United States

3 weeks ago

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

At Hines, we strive for excellence as a leading global real estate investment manager, driven by our by our belief that real estate is fundamentally about people. Our diverse portfolio spans $93.2 billion1 of assets across such property types as living, office, retail, mixed-use, logistics and life science projects – all designed to enhance value, connection and inspiration. Our strategic approach integrates local expertise with global knowledge, taking calculated risks aligned with our convictions to exceed expectations and tailor solutions to our clients' needs.

While our projects are renowned for enhancing cities and pioneering sustainable practices, we recognize that the true driving force behind Hines' success is our 5,000 dedicated employees in 30 countries who draw on our 65-year history to build the world forward. This is why we prioritize investing in our people, offering comprehensive training, competitive compensation, robust benefits and generous vacation packages. By centering our focus on the growth and wellbeing of our team, we cultivate an inclusive environment where everyone, including our clients, can thrive.

Hines is proud to be named to Fast Company's prestigious annual list of the World's Most Innovative Companies for 2024.

1Includes both the global Hines organization and RIA AUM as of December 31, 2023.

We are an equal opportunity employer and support workforce diversity.