Project Development Manager (Real Estates)

Key Responsibilities:
Participate in the identification, feasibility analysis and negotiation of real estate acquisitions
Source and analyze the feasibility of potential development sites and evaluate associated development schemes.
Development planning for successful development of hotel projects, which would include extensive financial investment analysis, pro-forma modeling of new developments, opportunistic investment strategies and potential public participation
Source acquisition opportunities, conceptual planning
Participate in the identification and negotiation of debt financing including public and/or TIF financing, public grants, public incentives, and tax credits.
Prepare and direct internal requests for authorization of capital investment and expenditures to initiate development, prepare investment committee packages and investment committee package support.
Direct activities with attorneys, architects, engineers, and other consultants to plan projects related to public entitlement, site permits, acquisition due diligence and closing activities.
Work with local citizen groups, governmental bodies and other interested parties to obtain necessary project permits and entitlements.
Direct and manage the Development Project Execution Team responsible for the construction of projects, coordination of designers and consultants and general contractor, etc.
Monitor and assure timely completion of the investment and development within the established budget, schedule and required investment returns.
Initiate, plan and manage the marketing and leasing plan for development/investment opportunities, including all aspects of marketing materials and promotion, broker relations and supervision of listing agents (as applicable) to broadly expose property, anticipate competition, and secure lease prospects.
Pursue prospective tenants for leasing of available retail space and other non- hospitality project components and negotiate letters of intent and lease agreements directly with tenants to ensure the achievement of stated development and investment goals.
Understand and negotiate all aspects of lease agreements to determine the impact of each lease on the value of each development/investment.
Provide leadership, mentoring, professional guidance, direction and supervision to other internal team members, including Development Project Managers and Investment Analysts.
Consult with and assist Asset and Operations Managers in identifying operational and management issues, opportunities and benefits relating to development design and construction and transfer of property to portfolio status or sale at completion. Such consultation will include materials and equipment selection, which will be used in developing projected stabilized operating budgets.
Work with Development team to transition project acquisition and entitlement to project programming, design and delivery phase