VP - Development

Job Title: Vice President of Development

Department: Development

Location: Florida

Employment Category: Full-time

Reports To: Senior Vice President of Development

FLSA Status: Exempt

Founded by famed architect John Portman in the 1950s, Portman is a privately owned national real estate investment, development and management firm focused on delivering premier quality office, hospitality, residential, industrial, and mixed-use projects prioritizing occupant experience through first class execution. The diversified, full-service company has developed over 80 million square feet of landmark real estate assets and currently has over $3B in projects throughout eleven markets across the country employing an unequaled pedigree of experience, industry knowledge, and commitment to excellence. Portman has established a successful global network and has a proven track record with the world’s top financial institutions. Teams in the company’s national offices seamlessly connect to develop, finance, and manage a diverse portfolio in the key strategic and emerging markets throughout the country. Portman Holdings continues to achieve success through investor, partner and client relationships that deliver exceptional real estate assets and innovative, experiential places. For more information, visit www.portmanholdings.com

SUMMARY

This role will consist of deal sourcing, underwriting, deal closing and transition to construction team. The scope for the project work will extend from concept through completion including programming and concept development, feasibility, entitlements, design, financing, construction, commissioning and occupancy.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned as needed.

• Source and partner with brokers, investors, owners, and developers to evaluate development opportunities.
• Prepare and present site evaluation and site approval packages to Portman leadership team for new opportunities inclusive of proformas, demographics, analytics, LOI's, LOD's, design criteria, area and market maps, revenue forecasts, etc., to determine property feasibility, perform site research, demographics, and mapping.
• Develop and maintain key real estate industry relationships including investors, developers, brokers, contractors and potential partners.
• Assists with budgeting and forecasting, responsible for execution and financial performance of projects
• Manage due diligence process on land acquisition opportunities
• Monitor development phases and entitlement processes post-closing
• Establish project requirements, priorities and deadlines.
• Coordinate duties with architects, engineers, landscape architects, interior designers, property managers, project managers, and development associates.
• Coordinate resources (staff, vendors and consultants) and manage schedules and budget for assigned project(s), and monitor project progress adjusting resources and priorities to achieve business objectives within project guidelines.
• Supervise, mentor, and develop direct reports which may include other development managers, project managers, and development analysts.
• Exercises independent judgment in developing methods, techniques and evaluation criteria for successful execution. Identify and eliminate obstacles to solutions, plans, business goals or implementation. Assist in the development and implementation of contingency plans.
• Initiate and maintain reporting relationships with project stakeholders including partners, team members, peers, managers, customers, vendors, and other affected departments to coordinate efforts across multiple business and technical groups, and ensure continuous efficient management of projects.
• Comply with Health, Safety and Environmental responsibilities for the position.

• Minimum of 10 years of development experience.
• An undergraduate degree in business, engineering, or construction, master’s degree preferred.
• Residential and mixed-use development and construction project management experience.
• A demonstrated leader within the commercial real estate industry. Track record of acquisitions.
• Strong knowledge of the acquisition deal process
• Understanding of market and industry trends
• Ability to connect with people and develop and maintain professional relationships
• Knowledge of the project approval and permitting process.
• Exceptional planning and analytical skills.
• Excellent verbal and written communication skills.
• Strong conflict resolution and problem-solving skills.
• Strong design orientation with the ability to maintain design intent throughout the development process to the finished project.
• Obvious presence and confidence, able to interact with Portman Residential’s senior management team as well as current and potential clients.
• The ability to work independently with minimal direction and oversight.
• Positive leader and team player with the ability to foster good working relationships at every level of an organization, both internally and externally.

Portman is deeply committed to building a workplace and global community where inclusion is not only valued but prioritized. We’re proud to be an equal opportunity employer, seeking to create a welcoming and diverse environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, family status, marital status, sexual orientation, national origin, genetics, neurodiversity, disability, age, or veteran status, or any other non-merit based or legally protected grounds. Portman is committed to providing reasonable accommodations to qualified individuals with disabilities in the employment application process