DEVELOPMENT MANAGER
COMMERCIAL REAL ESTATE INDUSTRY

CHICAGO, IL

 

POSITION SUMMARY
Storebuild, LLC, a real estate investment and development company is seeking a full time Client Services Coordinator.  The position is responsible for working in partnership with the executive team on all aspects of business growth, management, and marketing as it relates to our clients.

 

REQUIRED EXPERIENCE

  • Pre-development services

  • Municipal rezoning negotiation and permitting

  • Feasibility and financial analysis

  • Development design coordination

  • Hiring and management of consultants

  • Environmental evaluation and coordination

  • Construction administration

  • Accounting and reporting of project costs

  • Management of legal requirements tools

  • Responsible for maintaining accurate records in Storebuild’s workflow / project management tools ( Workspace One ) and other software.

  • Generate standard and ad hoc reports as required.

 

PRE-DEVELOPMENT SERVICES

The candidate will work to determine the feasibility of developing a site and the relevant zoning and municipal issues. We determine the form and scope of a building, its estimated costs and its potential to produce an economic return for both parties.

MUNICIPAL REZONING NEGOTIATION AND PERMITTING
Established relationships with both municipal staff and elected officials in the markets we serve enable to quickly and effectively understand potential zoning and permitting issues. Undertake rezoning and permitting processes to achieve the best economic results for a project.

FEASIBILITY AND FINANCIAL ANALYSIS
This is the cornerstone of the development process. It begins at an early stage and continues throughout the process of development. Potential candidates will need a full understanding of project components, as well as their effect upon each other, is necessary to comprehend cost implications, revenue implications and overall feasibility results.

Economic proformas will need to be produced at an early stage and continually updated to test and analyze any changes for viability. This enables decisions to be made quickly and early, avoiding costly mistakes later.

 

DEVELOPMENT DESIGN COORDINATION

Retain design professionals who bring a top caliber of expertise to the design process. Managing this process will ensure the development has architectural appeal and is functionally and economically developed.

HIRING AND MANAGEMENT OF CONSULTANTS

The selection of consultants with a proven track record, with experience of the type of development at hand, and who can work effectively together, is critical to the success of the project. Our experience in managing development projects from start to finish and across all types of real estate comes to the fore in this process.

ENVIRONMENTAL EVALUATION AND ANALYSIS

At all points in the process, environmental issues and risks must be assessed and managed. We retain skilled professionals and overlay our own experience to ensure codes are observed and that risks are identified and managed. We have specifically developed environmental policies governing our actions as developers.

CONSTRUCTION ADMINISTRATION

Construction is often the single largest cost of development, and managing this activity is one of the most challenging and potentially risky activities. Our construction manager is a key part of the process, ensuring that the design team produces complete and value engineered drawings for tender and pricing. Construction contracts will need to be negotiated with the general contractor appropriate to the project. The construction manager monitors progress, quality control, resolves issues, discusses and approves change orders and keeps costs in line with projections.

 

ACCOUNTING AND REPORTING ON PROJECT COSTS

Keep track of project costs and integrate overall results into the financial reporting for the development. Specifically, assigned and experienced accounting personnel work hand in hand with our developers to track and report costs.

PRE-CONSTRUCTION PHASE

  • Analyze the scope of the project

  • Identify the Tenant’s program

  • Establish preliminary design criteria

  • Begin preliminary design of site and base building

  • Identify all municipal approvals

  • Work with Tenant on planning, scheduling, and programming

  • Interview, make recommendations, negotiate and engage prospective architects, engineers, and construction managers and various other project consultants 

  • Hold weekly project meetings with consultants, tenant representatives, and contractors

  • Establish final schedule

  • Assist in obtaining all required approvals, entitlements and permits 

 

CONSTRUCTION PHASE

  • Cost Control

  • Schedule Review

  • Attend all project and subcontractor meetings

  • Monitor bank draws and lien releases

  • Review all change orders

  • Expedite shop drawing approvals

  • Work with tenant in coordinating tenant work with base building

  • Monitor quality and safety control

  • Review

  • Secure completion of occupancy

  • Supervise move-in process

 

ESSENTIAL JOB DUTIES, SKILLS, ABILITIES

This position requires an experienced development manager with an established track record of success. Requirements include:

  • A minimum of a Bachelor’s Degree

  • A minimum of 3 years direct experience supporting managerial level positions

  • Expert knowledge of Word, Excel, PowerPoint, Outlook, Adobe (Photoshop), Facebook, LinkedIn. Microsoft Project and QuickBooks experience preferred but not required. 

  • Prior Real Estate Industry Experience required

  • Experience with construction documents including contracts, bid documents, construction draws, change orders and Certificates of Insurance (Preferred not required)

  • Strong social, organizational and computer skills required

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