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Commercial Development Director - Salt Lake City, United States - Hire Integrated
Description
Director of Commercial DevelopmentOVERVIEW
Larry H.
Miller Real Estate (LHMRE) is searching nationwide to find two world-class Directors of Commercial Development to play critical roles in leading and executing two game-changing commercial projects in the Salt Lake City Utah area.
Position 1:
The first project for this role is overseeing the development of the Power District project (100 acres in the heart of Salt Lake City's westside), which will include dining, retail, residential options, green space and trails, and a potential Major League ballpark.
Position 2:
The first project for this role is leading the 1,300-acre South Jordan Daybreak Development project with an entertainment district and a minor league ball park.
Compensation:
Competitive (DOE)
Location:
Sandy, UT (out-of-state candidates must relocate to UT, paid by employer)
Reports to:
VP of Commercial DevelopmentWHAT YOU WILL DO
In this role, you carry out the company's development strategy for multiple projects including planning, design, feasibility, budgeting, business plan development, scheduling, permitting and entitlements, leasing, contracting and construction coordination, and other aspects of development.
This includes:
Strategy & Leadership
Supporting the president and the Company in implementing its strategic plan, refining theand strategy, and aiding in the creation and achievement of success metricsEstablishing and maintaining effective systems-based processes and procedures for the project management and asset management staffEnabling the commercial development project managers to complete their projects on time and on budgetDevelopment & Project Financing
Directing the preparation of site plans for commercial, retail, and mixed-use projects of various densitiesPlanning, directing, and managing the activities of consultants performing due diligence and entitlement services to adhere to project schedulesNegotiating contracts and working with the LHMRE finance team to maximize capitalization of development projects based on the stage of developmentMaintaining budget discipline from conceptual design through constructionPreparing preliminary development timelines and critical achievements for projectsCoordinating with city officials, utility companies, and other third-party entities throughout construction and building certificationCoordinating the completion of work and inspections to achieve targeted completion by required dates and obtain a Certificate of Occupancy from government officialsMaintaining current knowledge of regulations that might impact assigned projectsAiding in the building start-up and coordinating turnover to the property management companyUnderstanding lease language to complete owner responsibilities and support the asset management team with leasing effortsWHAT YOU WILL BRING
10 + years of related experience in commercial real estate development or management of commercial projectsDeep knowledge and experience in mixed-use commercial development that is similarly sized to the Daybreak and/or Power District projects (Entertainment District and/or Sports-anchored commercial development strongly preferred)
Strong leadership and management abilities to lead people through complexityStrong project management and budgeting skills to coordinate with diverse teams and meetdeadlines; detail-orientedCompetency in reading and understanding civil engineering, grading, and utility plansProven track record of negotiating win-win deal termsStrong working knowledge of entitlements, engineering, planning, and zoning issuesDemonstrable competency in strategic planning and business developmentWorking knowledge of data analysis and performance/operation metricsBachelor's degree required with extra consideration for MRED, MBA, or MSFCollaborates:
Builds partnerships and works cooperatively with others across the organization to achieve shared objectives
Plans and Aligns:
Plan and prioritize work to meet commitments aligned with organizational needs and goals. Includes the ability to break down objectives into appropriate initiatives and actions while anticipating and adjusting effective contingency plans.
Instills Trust:
Gains the confidence and trust of others through honesty, integrity, and authenticity by following through on commitments, keeping confidences, and showing consistency between words and actions.
Strategic Mindset:
Sees ahead to future possibilities and translates them into breakthrough strategies.
Achieved by anticipating future trends and implications accurately and articulating credible pictures and visions of possibilities that will create sustainable value.
Note:
The need may arise to revise, supplement, or rescind portions of this job description, and Larry H. Miller Real Estate reserves the right to do so.
Physical Requirements
This position requires frequent walking, standing, and climbing stairs in/around construction sites, apartment homes, models, and properties.
This position requires working outdoors in all weather conditions (including but limited to, rain, snow, heat, hail, and around hazardous chemicals, dust, dirt, and other particulates.
Must be able to read and comprehend large quantities of information, operate computer equipment, speak, hear, bend, stoop, reach, lift, move, and carry up to 25 lbs.
independently.Regularly required to sit, stand, bend, reach, and move about the office settingTo perform other duties as requiredTo perform the job successfully, an individual should demonstrate the following competencies to perform the essential functions of this positionManage Complexity:
Make sense of complex, high-quantity, and sometimes contradictoryto effectively analyze situations and identify solutions
ABOUT LARRY H. MILLER REAL ESTATE
Larry H. Miller Real Estate (LHMRE), a portfolio company of the Larry H. Miller Company, is a
vertically integrated real estate platform that engages in site acquisition and development, project
and construction management, financial and capital structuring, and property and asset
management. LHMRE's development projects and assets include large-scale master-planned
residential communities; commercial, industrial, and entertainment venue development and asset
management; and a growing portfolio of joint ventures with leading real estate partners across the
nation. The Larry H. Miller Company provides management and direction for its portfolio of well
known and high-performing companies, and always seeks to support its mission to enrich lives and
its vision to be the best place in town to work and the best place in town to do business.