What are the responsibilities and job description for the Development Manager - Terrace Group position at CIM Group, LP?
ABOUT TERRACE GROUP HOLDINGS
Terrace Group Holdings is a Los Angeles–based real estate development firm focused exclusively on ground-up Class A self-storage assets in California. The firm sources, entitles, and builds climate-controlled storage facilities across Southern California’s highest-barrier markets.
TGH currently has approximately $50 million of self-storage development under construction in Southern California, with a pipeline targeting $60 million or more of new development annually. The firm’s strategy combines disciplined site selection, deep municipal entitlement expertise, and hands-on development execution to deliver outsized risk-adjusted returns in a sector undergoing rapid institutional consolidation.
TGH is a lean, founder-led organization where every team member has a direct line to decision-making and a tangible impact on the trajectory of the business.
THE OPPORTUNITY
Reporting to the Director of Acquisitions & Development (or Managing Partner), this position is responsible for managing the pre-development and entitlement process for self-storage development projects, including coordinating with government agencies, managing consultants and third-party vendors, securing permits, and overseeing project schedules and budgets through construction.
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- Schedule and lead preliminary meetings with government agencies, engineers, architects, and third-party consultants for new development projects.
- Create and maintain schedules and deadlines for entitlement and permit timelines based on city and consultant feedback, with consistent updates to stakeholders.
- Negotiate and execute development-related contracts.
- Coordinate with various governmental entities throughout the entitlement and permitting process.
- Coordinate attorneys, architects, and third-party consultants across active projects.
- Create bidding packages for contractors.
- Secure all building permits required for construction.
- Oversee project budgets and manage project expenses in alignment with approved budgets.
- Provide development and construction oversight across active projects.
- Invoice processing and approval routing.
- Document management and project-level filing.
- Third-party follow-up and coordination on administrative matters.
- Schedule management and timeline tracking.
- Interact with accounting representatives on project-related expenses.
- Oversight of Construction Manager’s day-to-day activities, deliverables, and reporting.
- Oversight of contractors, subcontractors, and vendors related to project activities, invoices, and contract execution.
- BA/BS degree in Architecture, Construction Management, Urban Planning, or related field.
- A minimum of five years of experience in real estate development and/or construction, with demonstrated knowledge of the entitlement, permitting, and construction process.
- Experience with self-storage or industrial development preferred.
- Familiarity with Southern California municipal entitlement and permitting processes preferred.
- Strong understanding of the real estate development lifecycle from land acquisition through construction completion.
- Demonstrated proficiency in Microsoft Office, Microsoft Project, and project management software.
- Ability to manage multiple projects simultaneously across different stages of development.
- Strong written and verbal communication skills for coordinating with government agencies, consultants, and internal stakeholders.
- Detail-oriented with ability to manage schedules, budgets, and complex timelines.
- Must be fluent in using AI tools and large language models (LLMs), with the ability to proactively apply them to research, analysis, drafting, and workflow efficiency.
- Competitive base salary and benefits commensurate with experience
- This role is based in Los Angeles, CA and requires full-time, in-office presence
Salary : $130,000 - $150,000