Development Director - Commercial Real Estate

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Job description

Development Director - Real Estate Investment

Seattle, WA

Our client, a rapidly growing real estate investment and development company with offices in the U.S. and China, is looking for a Director of Development to join their team. This role will initially focus on the development of a new office building in downtown Seattle, overseeing development activities and leading the project team to meet their goals. This will involve managing the project schedule, the leasing process, and directing construction and design quality control measures. This is a great opportunity to get involved with a rapidly growing company whose projects include class A office, mixed-use, and retail.

Development Director Responsibilities:

• Lead the project management team.
• Ensure that the project is properly designed to meet the expectations of the target tenant.
• Manage the project schedule, budget, and proforma. Report on any variances to the approved business plan.
• Manage the leasing process and negotiate all tenant leases.
• Participate in the overall company strategy planning and investment decisions.
• Develop and implement systems to select design and construction partners, establishing quality control standards.
• Direct the development and implementation of design and construction standards to ensure projects are executed meeting the highest standard in quality.
• Lead the zoning efforts for the project.
• Obtain financing for the projects.
• Maintain relationships with governmental agencies and jurisdictions to ensure obtaining appropriate certificates and licenses.
• Oversee and manage development activities to ensure efficient and effective operations.
• Develops plans to organize and direct work activities, establish system control procedures, and allocate staff to various work functions.
• Travel to sites visiting project managers and development projects.
• Review of other office projects across the country.

Development Director Qualifications:

• Bachelor's degree in Planning, Architecture, Engineering, Construction Management, or a related field; Master's degree preferred.
• Minimum 10 -15 years of real estate development or project management experience for ground-up office development projects.
• Extensive experience in negotiating commercial office leases.
• Experience in overseeing projects planning, design, and construction; advanced knowledge of the design, construction, and industry-standard practices.
• Display a strong understanding of real estate development practices and sizeable projects.
• Local market knowledge for the Seattle office market including relationships with local real estate brokers.