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Economic Development Specialist

NEOO Partners Inc.
Saint Paul, MN Full Time
POSTED ON 1/7/2025 CLOSED ON 1/9/2025

What are the responsibilities and job description for the Economic Development Specialist position at NEOO Partners Inc.?

Company Description:

NEOO Partners is a forward-thinking commercial real estate firm that has evolved into a trusted leader in community-centered development and transit-oriented planning. Founded on the belief that real estate should not only serve as a financial investment but also enrich and empower communities, NEOO Partners has dedicated itself to reshaping the built environment with a people-first approach.

The firm’s journey began with a vision: to create vibrant, sustainable spaces that support both individual prosperity and collective growth. With a focus on marginalized and multicultural communities, NEOO Partners has leveraged its expertise in real estate to drive projects that are not only financially successful but also socially impactful. By integrating thoughtful planning with smart business strategy, NEOO Partners seeks to bring lasting value to communities, businesses, and residents alike.

Job Location Options: Applicants must be located within or be willing to relocate to the following metro areas.

  • Charlotte, NC
  • Dallas, TX
  • Minneapolis-St. Paul, MN
  • Little Rock, AR
  • Jackson, MS
  • Atlanta, GA

The following role is approximately segmented into the following categories of work

Time Allocation

1. Economic Impact & Fiscal Impact Analysis (60%)

2. Land Development & Municipal Finance Analysis (20%)

3. Project Leadership (15%)

4. Project Administration (5%)

5. Other Duties (Variable)

Key Responsibilities by Focus Area

1. Economic Impact & Fiscal Impact Analysis (60%)

  • Conduct detailed economic impact analyses, including ROI evaluations and cash flow assessments for development projects.
  • Research and compile demographic and economic data to evaluate program impacts and project outcomes.
  • Analyze projects to incorporate tax increment financing (TIF), tax abatements, and other fiscal tools.
  • Monitor local, national, and international market indicators to inform strategic direction and decision-making.
  • Prepare reports and presentations summarizing economic analysis findings for stakeholders.
  • Evaluate fiscal policies and their impact on long-term economic development strategies.

2. Land Development & Municipal Finance Analysis (20%)

  • Conduct exploratory real estate evaluations, including land-use/zoning reviews, site visits, and title checks.
  • Collaborate with developers, investors, and municipal leaders to structure public-private partnerships and real estate transactions.
  • Assist with financial modeling and capital planning for land development and infrastructure projects.
  • Provide guidance on municipal finance tools, including debt issuance and funding mechanisms for public infrastructure.
  • Develop and promote innovative strategies to optimize land use and community resources.

3. Project Leadership (15%)

  • Provide lead direction in planning and managing multi-funded, complex economic development and redevelopment projects.
  • Coordinate with internal teams, public officials, and private stakeholders to align project goals with broader economic strategies.
  • Recruit and attract new businesses and industries aligned with strategic economic development plans.
  • Represent the organization’s interests in public/private partnerships, trade shows, and community events.
  • Build relationships with local businesses, industry organizations, and community stakeholders to ensure project success.

4. Project Administration (5%)

  • Prepare agendas, reports, and supporting documentation for board meetings and stakeholder presentations.
  • Maintain accurate records, files, and project documentation to ensure compliance and transparency.
  • Administer contracts, manage budgets, and oversee timelines to ensure project milestones are met.
  • Assist in maintaining web content, press releases, social media, and marketing materials.

5. Other Duties (Variable)

  • Coordinate and participate in groundbreakings, ribbon cuttings, award ceremonies, and other events.
  • Stay updated on current economic development policies, trends, and best practices through training and professional development.
  • Serve as a liaison between clients and other departments to address cross-functional needs.
  • Perform additional responsibilities as assigned by leadership to support organizational goals.

Educational Attainment:

Required: A Bachelor or Master's Degree in Urban Planning, Economic Development, Urban Studies, Commercial Real Estate, Public Administration or other related field.

Experience: 7 to 10 years of progressive professional experience in community development, commercial real estate development, public finance, urban planning, or other related field.

Job Type: Full-time

Pay: $80,000.00 - $120,000.00 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Flexible schedule
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Professional development assistance
  • Vision insurance

Schedule:

  • Evenings as needed

People with a criminal record are encouraged to apply

Application Question(s):

  • Are you willing to relocate or locate within one of the following metro areas?

Charlotte, NC
Dallas, TX
Minneapolis, MN
Little Rock, AR
Jackson, MS
Atlanta, GA

Education:

  • Bachelor's (Preferred)

Experience:

  • Financial analysis: 4 years (Required)

Location:

  • Saint Paul, MN 55102 (Required)

Ability to Commute:

  • Saint Paul, MN 55102 (Required)

Ability to Relocate:

  • Saint Paul, MN 55102: Relocate before starting work (Required)

Work Location: Hybrid remote in Saint Paul, MN 55102

Salary : $80,000 - $120,000

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