What is Assistant Vice President Development Job Description ?
Basic overall responsibility: Assists in a wide variety of land development projects and cursory monitoring of partnership interests related to the construction oversight of vertical developments. The Assistant VP must be capable of handling multiple project matters in a simultaneous manner. The successful candidate must be a self-starter, be capable of thinking on their feet, represent the Company at various social functions and will interface with Firm and other project representatives. Specific project management responsibilities include: 1)Land Development Responsibilities (Land Development is defined as the core business of Firm: the development and sale of the Firm property) Provides support assistance in matters dealing with the City and other governmental officials. Follows through with all pertinent parties to ensure that appropriate action on pending matters is done as required. Assist in the coordination of zoning matters with appropriate consultants, legal and governmental bodies. Ensures all plans and required submittals are processed with the appropriate government body and follows through to obtain approvals as required. Track progress of these submittals to receipt of required approvals. Attends to architectural design/schedule matters and follows through to ensure required action is done as required. Responsible for the coordination of land surveys, easements, etc. and works with surveyors, engineers, lawyers etc. to ensure work is done as required. Assists in the interviewing and selection of outside consultants. Prepares and solicits bids for a variety of development required contracts. Coordinate environmental reviews and remediation efforts on various development projects. Assists in the monitoring and coordination of the work effort of all project architects, engineers and consultants to ensure their scope of work is in conformance with the project budget, schedule and development guidelines. Coordinates draw submittal with accounting. Coordinates land maintenance activities. 2)Vertical Development Responsibilities (Vertical Development is defined as a project where a Firm related entity is a member of an LLC in a development on a specific site). The duties of each LLC member will be defined by a project specific Operating Agreement. The Assistant VP responsibilities are guided by this agreement. Monitors construction activity and schedule. Visit project sites as appropriate with Development Partners staff for the purpose of understanding project schedule and budget as it relates to the overall interests of Firm Land Development and the Vertical Development partnership interests. Prepare weekly reports regarding the status of the each vertical development including status of construction, cost variances, unresolved items and other project related reports. Includes photographs as appropriate. Reviews all project reports issued by the Developer of each Vertical Development. Able to analyze construction/development costs and understand the impact of these on the development. Monitors delivery dates to 3rd party buyers and understands the impact of these on project equity and profit distributions Maintains all project records per the office record keeping system. Monitors project closeout process including contract closeouts, punch list and final payments. Reviews monthly draw for conformance with Operating Agreement requirements. Aware of the sales and marketing activities, and understands how these relate to status of construction. 3)General Office Administration responsibilities Coordinates the maintenance of the physical plant of the office Coordinates general site maintaince Maintains development records and drawings such as architects plans, civil/survey plans, environmental reports etc. Key skills and expertise: 4 to 6 years of progressive development, design or construction experience on commercial, retail, residential and land development projects. Recent, relevant direct experience with a Chicago area development, construction or architectural firm Excellent computer skills, with emphasis on Word, Excel, Power Point, Internet access, the use of a digital camera and familiarity with the sending of documents and photographs via the internet. Solid understanding of environmental remediation procedures and permit application process. General familiarity with the workings of City Hall, knowledge of how to work with the Chicago Department of Planning and Development, Chicago Department of Buildings, Board of Underground and other appropriate City departments. College degree in related real estate field. Basic familiarity with financial terminology and analysis. Good organization, communication and administration skills Good oral, written and interpersonal skills Ability to perform under pressure Able to work with people at all levels Ability to prioritize work assignments and adapt to changing priorities Preference given to candidates residing in the Chicago metropolitan area Professional attitude, appearance and demeanor