What are the responsibilities and job description for the Director of Development position at Rise Partners?
Position Summary
Rise Partners is seeking a Commercial Real Estate Director of Development to join our growing team. This role will be responsible for managing all phases of development & redevelopment projects across shopping center retail, industrial, and other commercial real estate sectors throughout the Southeastern United States. The Development Manager will oversee the process from acquisition and entitlements through design, construction, tenant coordination, and turnover, ensuring projects are completed on schedule and within budget.
Key Responsibilities
Project Leadership:
- Manage multiple development and redevelopment projects simultaneously with a primary focus on shopping centers and supporting initiatives in industrial and other commercial sectors.
- Lead due diligence, assist with feasibility analysis, and project underwriting.
Entitlements & Approvals:
- Oversee zoning approvals, site plan approvals, permits, and other regulatory requirements.
- Build and maintain strong relationships with municipal agencies, utility providers, and community stakeholders.
Design & Construction Oversight:
- Coordinate design teams, including architects, engineers, and consultants.
- Lead contractor selection, bid processes, and contract negotiations.
- Manage construction activities, monitor progress and quality, and address field issues promptly. Includes some travel to job sites.
Financial Management:
- Maintain accurate financial tracking of project costs and cash flow forecasts.
- Review and approve invoices, change orders, and payment applications.
Tenant Coordination:
- Serve as the primary point of contact for tenants regarding design approvals, build-out requirements, and project milestones.
Reporting & Communication:
- Provide regular updates to Rise leadership.
- Prepare project status reports, presentations, and supporting documentation.
Risk Management:
- Identify project risks proactively and implement mitigation strategies.
- Ensure compliance with insurance, legal, and safety obligations.
Qualifications
- Bachelor’s degree in Real Estate, Construction Management, Architecture, Business, or a related field.
- Minimum 5 years of experience managing real estate development projects, ideally in shopping center redevelopment and/or commercial or industrial sectors.
- Proven track record of delivering projects on time and within budget.
- Exceptional project management, communication, and negotiation skills.
- Proficiency in Microsoft Office Suite and project management software.
- Ability and willingness to travel to project sites across the Southeast as required.
Reports To: Managing Partner
Location and Hours
Chattanooga, TN (with regional travel as necessary)
In-office (not remote), generally 8:30-5:00 M-F
Compensation and Benefits
- Competitive salary commensurate with experience.
- Paid medical, dental, and vision insurance
- 401k with employer match
- Paid time off and holidays
- Paid parking
About Rise Partners
Rise partners is a privately held, vertically integrated commercial real estate firm headquartered in Chattanooga, TN with a regional office in Charlotte, NC. Rise has a proven track record in development, redevelopment, acquisitions, commercial brokerage, and property management over a range of asset classes across the Southeastern United States.
Since 2018, Rise has managed approximately $700 million of retail, industrial, build-to-rent or multi-family residential real estate projects in 11 states.
Our business approach is driven by relationships, governed by integrity, and guided by a steadfast commitment to creating value for our investors through trust and results-driven strategies. We are fueled by a passion to positively impact the communities in which we invest, and we are inspired daily by the opportunity to create positive change.