Managing Director - Real Estate Acquisition & Development (Data Centers)

Managing Director - Data Centers (Real Estate Acquisition / Development) Provident is seeking a Managing Director to build out and run our emerging Data Centers platform across the United States.

Ideally, this individual possesses 5-10+ years of experience in a senior role within a data center development company and strong experience with site selection, entitlements (both use and power), and construction oversight, along with a network of capital partners, general contractors, engineers, architects, brokers, etc..  This individual should also have a proven track record of building, managing, and motivating a team to move quickly and efficiently in a rapidly evolving environment.

Key Responsibilities :

• The Managing Director, Data Center Development role involves leveraging industry experience and contacts within the real estate industry to identify, negotiate, and secure the acquisition and development, through the disposition of data center properties.
• Lead the development and implementation of the real estate strategy to support our short and long-range business plan as you grow the Provident brand to have a nationwide footprint.
• Lead the process of developing market strategy, location, site selection, site design, infrastructure, construction, and disposition.
• Lead a high-performing team on due diligence, acquisition, entitlements, city / county coordination, budgets, site and building design, site engineering, permitting, scheduling, and construction administration, and act as the representative of the company.
• Responsible for preparation of site investigation reports, cost at completion reports, budgets, project status reports, and maintaining project files.
• Develop feasibility modeling, including capital costs budgeting, pro forma return measurements, and valuation methodologies.
• Analyze and evaluate Provident’s business needs to align project requirements, cost projections, construction objectives, and profit goals with each project.
• Responsible for monitoring, tracking, and reviewing operational expenses and construction costs for optimal performance.
• Take a leadership role in the collaboration with various departments throughout the development process to ensure the timely completion of all objectives and milestones.
• Manage multiple complex entitlement and development projects simultaneously.

Qualifications :

About Provident :