What are the responsibilities and job description for the Summer Development Associate- Ward Village position at Howard Hughes?
At Howard Hughes, our mission is to help people discover new ways of experiencing life. We aspire to be the most creatively driven real estate company and are committed to a culture that fosters curiosity and empowers every employee to find their story in this great organization.
ABOUT THE ROLE
Ward Village, a Howard Hughes master-planned community, is a 60-acre master-planned community in the heart of Honolulu, located between downtown and Waikīkī, along O‘ahu’s south shore. Honoring the distinct history of its land, Ward Village is at the forefront of sustainable community development - integrating dynamic architecture, local culture, and public open space. At full build-out, the community will include approximately one million square feet of unique retail and thousands of homes, in what Architectural Digest named “Best-Planned Community in the United States.”
The real estate development internship at Howard Hughes in Ward Village is a 9-week (June 2nd- August 1st) immersive experience designed to introduce the Summer Associate to all aspects of a development project including: financial analysis and modeling, due diligence, zoning, legal oversight, budgeting, design, construction, acquisition, project management and leasing.
What You Will Do
Conduct financial analysis and due diligence for existing and future development opportunities.
Create and update underwriting models in excel for retail, residential, and mixed-use projects.
Perform ad-hoc financial modeling to analyze impact of various scenarios on project yields.
Provide project management support throughout the various aspects of development: financing, entitlement / government approvals, public relations, design, leasing / marketing, and construction.
Connect with the Summer Associate Program cohort at The Woodlands Corporate Headquarters.
Conduct a summer research project applicable to real estate development analyzing market trends, feasibility, and project needs. Present findings to leadership, highlighting relevance, demand, and potential impact..
ABOUT YOU
Each employee brings a unique blend of expertise and experience to their role, with the opportunity to continuously grow and make a meaningful impact. To thrive in this position, employees need the following background.
Skills & Experience
Actively pursuing a Bachelor’s degree or higher focused on real estate development (Finance, Architecture, Construction Management) etc.
ABOUT OUR CULTURE
We believe in celebrating unique ideas and embracing different points of view. We strive to source, engage, and retain diverse and talented people. We invest in our people through continuous learning opportunities and nurture the exchange of ideas. We cultivate a culture of belonging because better people make better companies, and better companies build better communities.
Personal Characteristics
Strong communicator and collaborator.
Critical thinker and problem-solver.
Customer-focused with a passion for the employee experience.
Self-starter with a proactive mindset.
Flexible, highly organized, and detail-oriented.
Competencies
Builds networks
Courage
Curiosity
Growth mindset
Inclusive
Business insight
Communicates effectively
Resourcefulness
ABOUT OUR COMPANY
The Howard Hughes name is synonymous with an unrelenting passion for excellence. While his achievements in aviation and on the silver screen are legendary, it was his investments in real estate that form the foundation of our company. With passion, determination, and limitless imagination, he built one of the great American empires of the 20th century.
Benefits Built for You
At our company, we offer competitive, market-based compensation that rewards performance and supports career growth.
Our comprehensive benefits package designed to support employees at every stage of their career, is focused on holistic wellness – social, emotional, financial, and physical.
Competitive 401k plan
Premium medical, dental, and vision coverage
Voluntary benefits for unexpected life events
Generous PTO policy
Student loan assistance and stipends to assist with lifelong learning
Howard Hughes
Today, our company carries forward the collective legacy of four innovative placemakers—James Rouse, George Mitchell, Victoria Ward, and Howard Hughes—who transformed the idea of what a community can be, envisioning a self-sustaining ecosystem that prizes inclusion, conservation, and innovation and fosters a strong social fabric to improve the lives of all residents, consumers, and tenants.
Dedicated to innovative placemaking, Howard Hughes owns, manages, and develops award-winning large-scale master planned communities and mixed-use developments including: the Seaport in New York City; Downtown Columbia® in Maryland; The Woodlands®, The Woodlands Hills®, and Bridgeland® in the Greater Houston, Texas area; Summerlin® in Las Vegas; Teravalis™ in the Phoenix West Valley; and Ward Village® in Honolulu, Hawai'i.
This job description is not meant to be an “all-inclusive” list of the duties and responsibilities of this job. Other related duties and responsibilities may be assigned. Howard Hughes reserves the right to change or modify job duties as necessary based on business necessity.
NOTICE TO THIRD PARTY AGENCIES
Please note that Howard Hughes does not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed Recruitment Fee Agreement, HHH will not consider or agree to payment of any referral compensation or recruiter fee. In the event a recruiter or agency submits a resume or candidate without a previously signed agreement, HHH explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Howard Hughes.
