Reporting directly to the Vice President, Development, the Director Development will be responsible for development projects, ensuring that value maximization and project quality is achieved.
Duties and Responsibilities Assess new accretive development infill and expansion opportunities and repositioning/redevelopment opportunities within the existing portfolio.
Provide advice to the asset management team on suite creation opportunities.
Collaborate and support the asset managers and investment team throughout the project lifecycle.
Conduct financial and planning feasibility analysis and project due diligence to determine the viability of such opportunities and associated returns.
Work closely with other development team members to ensure best practices throughout the team.
Provide strategic input, manage approval process, and present plans and designs to external stakeholders and senior management.
Anticipate possible impediments to expansion/development, determine appropriate resolution, consult with internal stakeholders/asset management, construction group etc., and direct consultant team to adjust development strategy, accordingly, being mindful of schedule project objectives.
Secure and lead project teams of professional consultants and contractors through full project approvals process, including re-zoning, official plan amendments, site plan approval, variances, consents, and all other regulatory approvals required.
Enhance process improvement for both internal and external processes to accelerate development cycle times and returns.
Improve and expand stable of outside consultants, contractors, project managers etc.
Requirements The Director Development will have a proven progressive track record of success in real estate development:
University degree in Business, Engineering, Urban Planning or Architecture.
Minimum five years of business or work experience including management of the approval processes, working with external consultants, municipalities, and other governmental agencies.
Excellent knowledge of construction/architectural concepts.
Working knowledge of financial pro-formas and cashflows.
Extensive experience with planning and approvals and project management.
Ability to lead and to prioritize competing short- and long-term deadlines.
Ability to build strong relationships with diverse internal and external groups.
Ability to work autonomously, make decisions and problem-solve independently, effectively, and creatively in a high-paced environment.
Excellent communication skills with advanced proficiency in Excel and PowerPoint.
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