SVP / VP - Development

Job Description

Job Description

Job Title : SVP / Vice President of Development

Department : Development

Location : Florida

Employment Category : Full-time

Reports To : Managing Director, Residential

FLSA Status : Exempt

Founded by famed architect John Portman in the 1950s, Portman is a privately owned national real estate investment, development and management firm focused on delivering premier quality office, hospitality, residential, industrial, and mixed-use projects prioritizing occupant experience through first class execution. The diversified, full-service company has developed over 80 million square feet of landmark real estate assets and currently has over $3B in projects throughout eleven markets across the country employing an unequaled pedigree of experience, industry knowledge, and commitment to excellence. Portman has established a successful global network and has a proven track record with the world’s top financial institutions. Teams in the company’s national offices seamlessly connect to develop, finance, and manage a diverse portfolio in the key strategic and emerging markets throughout the country. Portman Holdings continues to achieve success through investor, partner and client relationships that deliver exceptional real estate assets and innovative, experiential places. For more information, visit www.portmanholdings.com

SUMMARY

This role will consist of deal sourcing, underwriting, deal closing and transition to construction team. The scope for the project work will extend from concept through completion including programming and concept development, feasibility, entitlements, design, financing, construction, commissioning and occupancy.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned as needed.

• Source and partner with brokers, investors, owners, and developers to evaluate development opportunities.
• Prepare and present site evaluation and site approval packages to Portman leadership team for new opportunities inclusive of proformas, demographics, analytics, LOI's, LOD's, design criteria, area and market maps, revenue forecasts, etc., to determine property feasibility, perform site research, demographics, and mapping.
• Develop and maintain key real estate industry relationships including investors, developers, brokers, contractors and potential partners.
• Assists with budgeting and forecasting, responsible for execution and financial performance of projects
• Manage due diligence process on land acquisition opportunities
• Monitor development phases and entitlement processes post-closing
• Establish project requirements, priorities and deadlines.
• Coordinate duties with architects, engineers, landscape architects, interior designers, property managers, project managers, and development associates.
• Coordinate resources (staff, vendors and consultants) and manage schedules and budget for assigned project(s), and monitor project progress adjusting resources and priorities to achieve business objectives within project guidelines.
• Supervise, mentor, and develop direct reports which may include other development managers, project managers, and development analysts.
• Exercises independent judgment in developing methods, techniques and evaluation criteria for successful execution. Identify and eliminate obstacles to solutions, plans, business goals or implementation. Assist in the development and implementation of contingency plans.
• Initiate and maintain reporting relationships with project stakeholders including partners, team members, peers, managers, customers, vendors, and other affected departments to coordinate efforts across multiple business and technical groups, and ensure continuous efficient management of projects.
• Comply with Health, Safety and Environmental responsibilities for the position.

REQUIRED EDUCATION, KNOWLEDGE, SKILLS & ABILITIES

Portman is deeply committed to building a workplace and global community where inclusion is not only valued but prioritized. We’re proud to be an equal opportunity employer, seeking to create a welcoming and diverse environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, family status, marital status, sexual orientation, national origin, genetics, neurodiversity, disability, age, or veteran status, or any other non-merit based or legally protected grounds. Portman is committed to providing reasonable accommodations to qualified individuals with disabilities in the employment application process