Development Manager

Federal Realty Investment Trust; San Jose (CA); On-site; USD 100,000 - 130,000; Full time

Job summary

A leading real estate investment firm is seeking a Development Manager in San Jose to manage redevelopment projects for shopping centers. The role involves performing feasibility analyses, navigating zoning regulations, ensuring compliance with building codes, and collaborating with leasing and marketing teams. The ideal candidate will have a proven track record in retail real estate and strong project management skills. This position offers an opportunity to work with a dynamic team and contribute to the development of high-quality retail environments.

Qualifications

• Proven track record as a Development Manager in retail real estate.
• Strong understanding of zoning and building codes.
• Experience in managing design processes and consultants.

Responsibilities

• Perform development feasibility analysis.
• Navigate zoning and building codes for project entitlements.
• Manage the design process and achieve project execution.

Skills

Development feasibility analysis

Zoning codes and regulations

Building codes compliance

Project management

Communication with stakeholders

Job description

Federal Realty is a proven leader in the ownership, operation, and redevelopment of high-quality retail real estate in the country's best markets. We believe we are one of the most innovative and dynamic real estate companies you can work for. Interested candidates who research Federal Realty hear a lot about the high-quality shopping centers and well-respected real estate team at our core; it's the smaller intangible things that can make working at Federal so satisfying. While we're one of the largest publicly traded real estate investment trusts in the country, as measured by the value of our shopping centers, we're really a small company by most standards and we try to operate that way. Team members with initiative and ability can get involved in the many facets of our business over the years find the professional pursuits at Federal Realty rewarding. I encourage you to look us up on LinkedIn and follow Federal Realty Investment Trust.

Federal Realty is seeking a dynamic individual with a proven track record as a Development Manager, primarily within the retail real estate market. The Development Manager's responsibilities include strategic investment management and project execution related to redevelopment and development activities for the company’s community shopping centers in our California portfolio. This position is based in either our San Jose or Los Angeles office. Day-to-day activities involve partnering with the Vice President of Development and other key stakeholders, such as leasing, property management, financial analysts, and asset managers, to plan, build, and deliver successful economic outcomes with a high level of quality design, creating exceptional environments for both consumers and tenants at Federal Realty's shopping centers.

Responsibilities

• Perform development feasibility analysis
• Apply a strong understanding of zoning codes and regulations to successfully navigate the process of obtaining entitlements for development projects
• Apply a thorough understanding of building codes to ensure compliance and successfully obtain building permits for development projects
• Review anchor leases and CCR’s. Complete evaluation of existing leases to determine if any restrictions, no-build areas, or other encumbrances exist that may impact viability of the project
• Manage the design process and consultants to achieve project execution
• Work with leasing agents to establish merchandising plans and to establish a lease-up schedule
• Work with marketing to appropriately market the project to tenants and the general public
• Create and manage the development pro-forma and schedule
• Work with development accounting to create and maintain systems that provide accurate cost reporting and forecasting of cost and revenue
• Bid