Vice President, Development

Company: Rocket Homes Real Estate LLC
Location: Detroit
Posted on: May 28, 2023

Job Description:

Vice President, Development page is loaded Vice President, Development Apply locations Detroit, MI time type Full time posted on Posted 2 Days Ago job requisition id R-074591 The Rock Family of Companies is made up of nearly 100 separate businesses spanning fintech, sports, entertainment, real estate, startups and more. We're united by our culture - a drive to find a better way that fuels our commitment to our clients, our community and our team members. We believe in and build inclusive workplaces, where every voice is heard and diverse perspectives are welcomed. Working for a company in the Family is about more than just a job - it's about having the opportunity to become the best version of yourself. About Bedrock Bedrock is a full-service real estate firm specializing in innovative city-building strategies, reaching far beyond the boundaries of bricks and mortar. Since its founding in 2011, Bedrock and its affiliates have invested and committed more than $5.6 billion to acquiring and developing more than 100 properties in Detroit and Cleveland, including landmark developments at the - Hudson's Site , the - Book Tower -restoration, - City Modern -and the May Company Building. Bedrock's portfolio totals more than 22 million square feet of office, retail and residential space within new construction and adaptive reuse projects. For more information on Bedrock's projects, visit - bedrockdetroit.com -or engage with us on - Facebook , - Instagram , - Twitter -and - LinkedIn . Job SummaryThe Vice President (VP) of Development will have the responsibility of developing and leading all applicable development projects from conception through completion in Cleveland, ensuring that each development represents the company's interests and meets or exceeds the financial goals of the project. The VP of Development will provide critical and high-level development direction and management for various projects.Qualifications

• 15+ years of more related experience
• 5+ years' experience in strategic management and leadership experience
• Bachelor's Degree in Urban Development, Finance, Design, Law or related field
• Real Estate, law, planning, architecture or engineering certifications or licenses are helpful, but not required
• High quality analytical skills with an emphasis on the development process
• Managing multiple projects with input from range of stakeholders
• Managing multiple projects with accuracy and speed under time-sensitive deadlines
• Ability to make sound and reasonable decisions
• Demonstrates integrity, ingenuity and inventiveness in the performance of assigned tasks
• Ability to influence and build relationships, work collaboratively with individuals or teams, internally and externally
• Ability to understand and utilize data (both quantitative and qualitative) to accurately diagnose key issues and develop strategies and plans
• Ability to work independently and achieve results on own initiative as well as in cross-functional teams
• Excellent analytical and organizational skills.
• Strong communication skills - written, verbal, and technical.Responsibilities
  • Provide analytical support for investment and strategic business decisions in real estate development
  • Evaluate and establish project objectives in order to maximize the use of the property and the ROI
  • Coordinate and arrange broad scope due-diligence and feasibility studies, as required to determine market characteristics and critical attributes of the physical site, as they relate to revenue and cost projections
  • Identify, pursue and obtain all applicable sources of subsidy and any other financial vehicles that will facilitate the completion of the project within the established ROI objectives
  • Evaluate on an ongoing basis the timing of each prospective development and determine which projects should receive maximum attention, based upon the potential profitability of each project at any point in time
  • Evaluate design alternatives, reviewing options with appropriate Leasing, Design, Construction and Development staff
  • Facilitate evaluation of the project design by Management and Operations in order to ensure that the interests of each group are satisfied, progressing through the development process as key milestones (entitlements, pre-leasing, financing, etc.) are achieved and approval is obtained to proceed
  • Establish, monitor and drive developments to be on schedule and on budget
  • Interface with in-house Construction personnel from concept studies through bid documents, performing ongoing cost analyses in order to accurately determine the project cost and identify the most cost-efficient construction means, materials and methods and the related schedule
  • Work with Development, design, construction and third-party professionals to develop and refine plans to produce high quality communities that are responsive to the needs of residence/tenants and are financially feasible
  • Supervise and approve all design decisions to maximize the physical and aesthetic quality and overall effectiveness of the project, while minimizing cost
  • Facilitate and monitor tenant design and construction effort to ensure that the project development and design objectives are satisfied
  • Manage the Development team and the relationship between internal cross-functional teams DisclaimerThis is an outline of the primary responsibilities of this position. As with everything in life, things change. The tasks and responsibilities can be changed, added to, removed, amended, deleted and modified at any time by the leadership group. The Company is an Equal Employment Opportunity employer, and does not discriminate in any hiring or employment practices. The Company provides reasonable accommodations to qualified individuals with disabilities in accordance with state and federal law. Applicants requiring reasonable accommodation in completing the application and/or participating in the employment application process should notify a representative of the Human Resources Team, The Pulse, at 1-800-411-JOBS. About Us We use world-class recruiting and talent management teams to help each member organization recruit the best and brightest. If you're looking for the next step in your career, you've come to the right place.

Keywords: Rocket Homes Real Estate LLC, Detroit , Vice President, Development, Executive , Detroit, Michigan