What are the responsibilities and job description for the Assistant Vice President – Real Estate Development & Construction position at Alexandria Real Estate Equities, Inc.?
Essential Duties and Responsibilities:
Develop and manage project budgets and schedules and provide periodic reports to regional leadership.
Complete projects in accordance with Company-approved budgets and schedules.
Develop and manage relationships with local jurisdictions to properly and effectively manage the company’s developments and project initiatives and the project entitlement and permitting requirements.
Implement, manage, and confirm the obligations of the tenant(s) and the Company, as detailed in the tenant lease and work letter agreements, for each assigned project.
Develop and maintain relationships with tenants during construction projects.
Lead and collaborate with the project team which includes the Company’s tenants, contractors, architects, consultants, and other project team members to ensure successful delivery of the project.
Oversee, manage, and direct outsource development and/or construction management consultant services and activities as a project requires.
Manage the successful completion and close-out of construction projects to ensure tenant occupancy and rent commencement by required dates.
Manage consultant and contractor payment applications, including reviews of invoices for conformity with contract documents.
Administer the collection of required project documents and certificates, process consultant and contractor payments, monitor tenant improvement allowance budgets, and maintain project files.
Collaborate cross-functionally with internal stakeholders to ensure the company’s standards and project goals are met.
Support the leasing team during lease negotiation.
Prepare project status and performance reports.
Provide general support to other operating divisions of the Company as needed.
Qualifications and Experience:
Bachelor’s degree required; master’s degree preferred.
Minimum 10 years of practical working experience in development-, construction-, or real estate industry-related fields with a demonstrated strong project and construction management background; experience with design and construction of ground-up buildings and laboratory research projects strongly desired.
Understanding and working experience with construction contract preparation, AIA document forms, construction payment applications, lien waiver review and preparation, certificates of insurance, and other construction-related documentation.
Understanding and working experience with the tenant lease and work letter agreements.
Oral and written communications are required, with demonstrated interpersonal skills and ability to interact both internally with other Company members and externally with tenants, contractors, architects, consultants, and other project team members.
Proficient computer skills with strong experience in spreadsheet preparation and a working knowledge of all Microsoft Office products, including Projects, Excel, and Word.
The expected base salary range for this position is $190,000 to $225,000 USD annually, plus annual discretionary bonus. This salary range is an estimate, and the actual salary may vary based on the consideration of many factors, which may include, but are not limited to: the individual’s knowledge, experience, education, qualifications, skills, job location, and the Company’s compensation practices.
Salary : $190,000 - $225,000
