Job Information
Phillips Edison & Company Ltd. Director of Development (Commercial Real Estate Ground-up Development) in Cincinnati, Ohio
The Director of Development will source and direct all activities necessary to expedite and complete all ground-up developments. These developments are expected to include, but may not be limited to, single tenant buildings, multi-tenant outparcel buildings, and potentially an entire shopping center and/or mixed-use development.
Essential Duties and Responsibilities:
- - Provide technical leadership and strategic execution for all ground-up development opportunities
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``` - - Collect, analyze, and report on real estate, building and development trends and issues
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``` - - Assist VP Development in preparing development reports and updates for the executive team
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``` - - Coordinate developments with PECO departments including leasing, construction, finance, and legal.
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``` - - Build and maintain relationships with 3^rd^ party Consultants, Attorneys and General Contractors.
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``` - - Act as the owner of the development process, coordinating all activities related to the entire life cycle of each development, including:
Pursuit
- - Create conceptual site plans for pursuit sites (engaging 3^rd^ party consultants as necessary), with feedback from leasing and portfolio management
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``` - - Work with portfolio management and leasing to refine site plans
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``` - - Create cost estimate for execution of site plan
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``` - - Engage leasing team to develop rent and tenant improvement assumptions for site plan
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``` - - With finance and portfolio management, create proforma budget using the leasing and cost assumptions developed
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``` - - Develop conceptual delivery schedule
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``` - - Set up and maintain project files (including proforma, design documents, schedules, contracts)
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``` - - Identify and summarize local zoning/municipal approval process(es) and budget required for each milestone.
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``` - - Facilitate utility feasibility and budget impact.
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``` - - Develop Marketing materials with Consulting Team.
Planning
- - Lead initial feasibility review (engaging legal and portfolio management teams)
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``` - - Work with leasing team on all LOIs and Leases, providing guidance on work letter, and ensuring economics are in line with budget assumptions
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``` - - Select and engage consultants to create budget level design package
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``` - - Identify and track outside General Contractor pricing updates
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``` - - With finance and portfolio management, refine pursuit level budget
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``` - - Begin entitlement process on a case-by-case basis
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``` - - Communicate regularly throughout the process
Execution
- - Progress design and construction drawings
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``` - - Prepare bid package
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``` - - Take entitlements through the issuance of building permits.
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``` - - Own the construction process, including timeline and budget, making regular construction site visits
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``` - - Work with leasing team on all LOIs and Leases, providing guidance on work letter, and ensuring economics are in line with budget assumptions
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``` - - Oversee Project Manager(s) executing on tenant buildout and handoff process
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``` - - Must be able to travel up to 25-50% of the work week.
Education / Experience Requirements:
Bachelors degree from an accredited instituti
