What are the responsibilities and job description for the Senior Development Manager position at Bedrock Detroit?
About Bedrock
Bedrock is a full-service real estate firm specializing in innovative city building strategies. Since its founding in 2011, Bedrock and its affiliates have invested and committed more than $7.5 billion to acquire, develop and operate more than 140 properties in Detroit and Cleveland with landmark developments at the Hudson’s Site, Book Tower, City Modern, Tower City Center and the May Company Building.
Bedrock’s projects include new construction, adaptive reuse and a portfolio totaling more than 21 million square feet of office, retail, residential, industrial, hospitality and parking.
For additional information about Bedrock, please visit bedrockdetroit.com, our bedrockdetroit.com/careers/, and engage with us on Facebook, Instagram, Twitter and LinkedIn.
Position Summary
The Senior Development Manager manages Bedrock real estate development projects from initial conception to opening. This role partners with Bedrock’s acquisition, construction, finance, architecture, master planning, infrastructure development, community development and other teams as well as outside consultants to plan, program, design, and deliver development projects.
Essential Funtions
Disclaimer
This job description should not be construed as an exhaustive list of duties and responsibilities performed by persons assigned to this classification. It is not intended to limit or in any way modify the right of any supervisor or manager to assign, direct and control the work of employees under his/her supervision. All principal duties and responsibilities of this position are essential functions of the position. Job descriptions are reviewed on a regular basis and may be revised at any time. Revisions will be communicated to employees within the classification. This job description does not constitute a contract of employment; therefore, the company may exercise its employment-at-will rights at any time.
Bedrock is an equal-opportunity employer.
Bedrock is a full-service real estate firm specializing in innovative city building strategies. Since its founding in 2011, Bedrock and its affiliates have invested and committed more than $7.5 billion to acquire, develop and operate more than 140 properties in Detroit and Cleveland with landmark developments at the Hudson’s Site, Book Tower, City Modern, Tower City Center and the May Company Building.
Bedrock’s projects include new construction, adaptive reuse and a portfolio totaling more than 21 million square feet of office, retail, residential, industrial, hospitality and parking.
For additional information about Bedrock, please visit bedrockdetroit.com, our bedrockdetroit.com/careers/, and engage with us on Facebook, Instagram, Twitter and LinkedIn.
Position Summary
The Senior Development Manager manages Bedrock real estate development projects from initial conception to opening. This role partners with Bedrock’s acquisition, construction, finance, architecture, master planning, infrastructure development, community development and other teams as well as outside consultants to plan, program, design, and deliver development projects.
Essential Funtions
- Manages multiple ground-up and adaptive reuse development projects primarily in Downtown Cleveland. Projects will include and not limited to mix-use, commercial office, multifamily residential, retail, parking, to public spaces.
- Establishes the strategic direction for each project in terms of program, phasing, and level of investment to ensure alignment with company goals and marketability
- Guides interdisciplinary Bedrock teams on all aspects of development in terms of schedule, budget, design, construction, marketing and branding, and leasing
- Reviews architectural, engineering, marketing, and financial deliverables to ensure quality, consistency, and impact
- Identifies and evaluates potential solutions to complex real estate development issues (public land use policy, transportation planning, utilities and infrastructure, etc.)
- Reviews and monitors project-related budgets, proformas, and documentation outlining staffing requirements including engagement of consultants and contractors
- Builds and maintains relationships with external resources such as general contractors, construction managers, subcontractors, surveyors, traffic engineers, land use advisors, legal advisors, and other consultants, coordinating communications throughout the project
- Works closely with internal teams to provide financial reviews, updates, and forecasts for the various project(s)
- Analyzes potential projects from the perspectives of mission fit, financial feasibility, and risk
- Prepares presentations, reports, and analyses at various stages in the development process to drive decisions
- Tracks real estate trends and innovative development practices and disseminates information to teams and applies to projects as appropriate
- Regularly updates progress on developments to Bedrock executives
- All other duties as assigned
- Bachelor’s degree in real estate, business administration, urban planning, economics, construction management, or architecture (required)
- Approximately 7 - 10 years of experience in real estate development with a preference for experience with mixed-use development in an urban area (required)
- Minimum of 5 years of management or leadership experience (required)
- Ability to problem solve at an advanced level
- Ability to perform tasks by interpreting and analyzing established procedures
- Ability to multitask, work well under pressure, and meet deadlines
- Ability to collaborate and communicate effectively with relevant stakeholders, internal and external, from a variety of backgrounds
- Ability to proactively plan, coordinate, follow through, and organize work projects to ensure efficiency
- Excellent verbal, written, and interpersonal communication skills
- Strong analytical skills and attention to detail
Disclaimer
This job description should not be construed as an exhaustive list of duties and responsibilities performed by persons assigned to this classification. It is not intended to limit or in any way modify the right of any supervisor or manager to assign, direct and control the work of employees under his/her supervision. All principal duties and responsibilities of this position are essential functions of the position. Job descriptions are reviewed on a regular basis and may be revised at any time. Revisions will be communicated to employees within the classification. This job description does not constitute a contract of employment; therefore, the company may exercise its employment-at-will rights at any time.
Bedrock is an equal-opportunity employer.