VP - Senior Living Development

Macdonald & Company; Houston (TX); On-site; USD 175,000 - 225,000; Full time

Job summary

A leading senior living developer is seeking a Vice President of Development in Houston. This role involves overseeing all aspects of development projects, including budgeting, design, and construction phases. The ideal candidate will have extensive experience in real estate development and strong leadership skills.

Qualifications

• 7+ years of experience in Real Estate Development, Finance, Architecture, Engineering or related field.
• Ability to collaborate successfully with consultants, vendors, co-workers and upper-level management.

Responsibilities

• Responsible for execution of new development projects and existing facility renovations.
• Oversee design documentation phases to ensure schedule and budget compliance.
• Manage bidding process and contractor selection.

Skills

Collaboration

Communication

Organizational Skills

Education

Bachelor’s degree in related field

Tools

Microsoft Word

Microsoft Excel

Microsoft Project

Job description

This range is provided by Macdonald & Company. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$175,000.00/yr - $225,000.00/yr

Direct message the job poster from Macdonald & Company

Macdonald & Company is pleased to be exclusively retained by a leading senior living developer and operator to find and appoint a Vice President of Development, based in their Houston office.

OVERVIEW:

The VP of Development is responsible for the complete execution of all aspects of assigned new development projects as well as existing facility renovation projects.

ESSENTIAL FUNCTIONS:

• Visit site and assess site conditions, advise Executive Vice President of Development and Executive Vice President of Acquisitions of any site conditions, which could affect design, costs, or schedule.
• Visit key local competitors and become familiar with competing projects, unit mix and pricing.
• Establish the initial budget, schedule with input from EVPD or EVPA, and coordinate with the Underwriting team.
• Work with Acquisitions to establish a cohesive project team to include local civil engineer, land planner, zoning attorney, and other consultants, as needed.
• Research all local impact fees and investigate the potential to negotiate reduced fees.
• Work with civil engineer and/or zoning attorney and Acquisitions to develop a zoning strategy
• Assist EVP and VP of Architecture in selecting and contracting with a design team
• With the assistance of the civil engineer and/or zoning attorney meet local officials and ascertain local issues that could affect approval process.
• With the assistance of Acquisitions expedite zoning approval and permitting processes, represent company at community outreach events, zoning hearings, and City Council meetings.
• Meet with state licensing officials, company operations, and design team to determine if there are state licensing regulations, which could affect cost, schedule or marketability.
• Meet with local building officials and design team to determine if there are any local code amendments, which could affect cost.
• Review all due diligence reports for any problems that could affect the cost, schedule, or marketability.
• Update budget and schedule to reflect impacts of specific site conditions uncovered during due diligence including detention requirements, easements, utility modifications, wetlands, etc.
• Assist in assembling documentation required for land closing.

Schematic and Design Development Phase

• Oversee the design documentation phases to ensure the schedule is maintained, the project remains in budget, and meets company standards
• Collaborate with the Marketing team to establish an optimal location for the Marketing Information Center and project signage
• Maintain budget and schedule to reflect all design deviations dictated by site or local regulations.
• Meet with local and state officials, EVP, and the design team to review design and negotiate solutions to any code issues, and secure all permits.

Bidding and Negotiating Phase

• Assist in pre-qualifying, interviewing, and selecting local contractors.
• Assist in managing the bidding process and conducting pre-bid conferences.
• Review all bids with the EVP and assist in negotiating the contract.
• Review the General Contractor’s initial budget and schedule.
• Update budget and schedule to reflect contract.

Purchasing Phase

• Issue all Purchase Orders and Contracts for all Owner Furnished Material and all Owner Direct Contracts using national vendors and unit pricing negotiated by VPC.
• Coordinate delivery of all Owner Furnished Material and all Owner Direct Contracts with General Contractor.
• Solicit bids and negotiate all local utility contracts and easements including cable TV, electrical and gas service and telephone equipment.
• Solicit bids and negotiate local landscaping contract.

Construction Phase

• Attend OAC meetings and provide strategic oversight throughout the construction process to ensure alignment with project goals, budget, and schedule.
• Review and approve all design invoices. If above approval level initial and send to EVPD for approval.
• Manage cost control and reporting systems including all Communiques, Bulletins, Bulletin Logs, RFP’s, Change Orders, and Budget Updates.
• Review and negotiate all change orders. Initial and send to EVPD for approval.
• Manage regularly scheduled on-site project meetings with contractors and design team. Issue meeting notes summarizing decisions and all action items or require GC to do so.
• Ensure that state regulatory notices are sent by Operations on a timely basis and attend all state inspections and all meetings with the state to discuss design issues.
• Produce monthly Project Report including a Budget Update showing projected final costs for all items, a Schedule Update reflecting all schedule changes, a communique log, a Bulletins Log, an RFP log, a Change Order log, and a description of any unresolved issues. Present report to EVPD, copy President and CEO.
• Manage punch list process through completion, and any warranty issues that arise during the punch list completion
• Coordinate turnover of project to Operations and assist with move in

Other Duties

• Special projects and other duties as assigned
• Actively communicate health and safety information to employees and participate in accident, injury and illness prevention activities.

REQUIREMENTS:

• Bachelor’s degree in related field
• 7+ years of experience in Real Estate Development, Finance, Architecture, Engineering or another related field
• Ability to collaborate successfully with consultants, vendors, co-workers and upper-level management
• Excellent computer skills in a Microsoft Windows environment including Word, Excel and Project; demonstrated skills in database management and record keeping
• Effective oral and written communication skills
• Evidence of the practice of a high level of confidentiality
• Excellent organizational skills and attention to details

Seniority level

• Seniority level

  Director

Employment type

• Employment type

  Full-time

Job function

• Job function

  Project Management and Finance

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