What are the responsibilities and job description for the Real Estate Development Officer position at City of Midland?
- Spearhead initiatives to enhance the development potential of City-owned properties, ensuring they are market-ready by addressing necessary infrastructure, regulatory approvals, and site preparation.
- Develop and implement strategic plans for land use that optimize the value of Airport and other City-owned properties, ensuring alignment with long-term growth objectives.
- Lead master planning efforts to ensure properties are positioned for successful development, integrating infrastructure improvements, zoning adjustments, and market conditions.
- Act as the lead in negotiating high-value leases, sales, and development agreements, ensuring they contribute to the City’s economic development strategy.
- Collaborate with various City departments and external partners, including developers and investors, to identify opportunities for land development and execute strategic projects.
- Prepare City-owned properties for future sale or lease by addressing site readiness, including zoning, infrastructure, and other pre-development activities.
- Develop forward-looking strategies for land use and redevelopment that position City-owned land, especially Airport-owned properties, for optimal use and maximum financial return.
- Lead high-level negotiations for leases, sales, and real estate development agreements, ensuring they align with the City's long-term economic growth strategy.
- Oversee master planning efforts to prepare land for development by coordinating the necessary improvements to make properties attractive and ready for development.
- Act as a strategic advisor to City leadership on land development opportunities, providing expertise to inform decisions that support sustainable growth.
- Engage with private sector stakeholders to secure investments and advance key development projects that benefit the City’s economic goals.
- Stay informed on market trends and development tools to support the preparation and optimization of City-owned properties for sale or lease.
Knowledge:
- Comprehensive understanding of commercial real estate development, land use planning, and methods for preparing properties for market.
- Strong knowledge of economic development tools and public-private partnerships to enhance the development potential of City-owned properties.
- Expertise in negotiating real estate transactions, including complex leases, property sales, and development agreements.
- Familiarity with zoning regulations, infrastructure planning, and strategies for preparing land for sale or development.
Abilities and Skills:
- Strong strategic thinking skills, with the ability to develop and execute long-term land use plans that align with the City’s economic goals.
- Excellent negotiation skills, particularly in the context of high-value real estate transactions and contracts.
- Proven leadership and collaboration skills, with the ability to work across multiple departments and with external partners to achieve strategic objectives.
- Strong communication skills, both written and verbal, with the ability to present clear, persuasive arguments to stakeholders.
- Project management and problem-solving abilities, particularly in preparing properties for development and overcoming barriers to site readiness.
Salary : $107,244 - $118,091