Development Manager

Description

ABOUT AMBROSE

We are a vertically integrated investment manager specializing in the acquisition, development and operation of Class A industrial, logistics and e-commerce real estate. Ambrose brings institutional experience and a people-first approach to achieve meaningful outcomes for our clients, our partners and each other. We are actively looking for other forward-thinking problem-solvers to join our team.

OUR VALUES

• Determination – We are driven and resourceful, motivated to exceed ambitious goals.
• Excellence – We relentlessly pursue the highest quality experiences and outcomes.
• Creativity – We are A+ problem solvers, finding possibilities and opportunity when others cannot.
• Kindness – Honesty, fairness and respect are at the heart of who we are. We value diversity, build authentic relationships and genuinely care.

ABOUT THE ROLE

The Development Manager is responsible for the execution of land development, vertical construction projects, and providing support for acquisitions and dispositions. This position will work closely with the development VP, Market Officer and / or other development team members as appropriate to support Ambrose’s efforts in achieving perfect execution of speculative and build-to-suit industrial and logistics projects.

1. Land:

• Identification, due diligence, underwriting and acquisition of strategic land positions.
• Oversight of consultants for due diligence including survey, geotechnical review, environmental, legal, zoning, permitting, etc.
• Review survey / title information, easements, environmental data, zoning, governing agency requirements, utilities, etc.
• Lead the creation and documentation of easements and CC&Rs.
• Interaction with municipal staff during entitlement process for zoning, plan commission approvals, and entitlements.

2. Development:

• Oversight of third-party preconstruction and design personnel.
• Creation of predevelopment budgets and schedules.
• Support Ambrose team during RFP response and lease negotiation process, including site plan design work and building layouts, updating underwriting, and RFP document drafting.
• Monitor and report on the status of design and preconstruction schedule, budgets and scope against approved plan and proforma.

3. Construction:

• Manage general contractor selection process and contract negotiation.
• Lead design development and value engineering efforts.
• Mitigate risks related to change orders, delays, and cost overruns.
• Review monthly development draws and submit with approval recommendation.
• Report on project status including schedule performance, contingency usage, quality issues, allowance status, and change orders.
• Coordinate early access for tenant fixturing to ensure a smooth transition for lease commencement.
• Participate in turnover process to property management personnel internally or third-party.
• Coordinate tenant improvement design and buildout.

4. Asset Management:

• Assist in the acquisition and disposition process primarily in due diligence matters.

Requirements

WHAT YOU BRING

• BS degree in engineering, architecture, construction management, finance, and / or real estate.
• 5+ years in commercial real estate development field. Industrial, ecommerce, or data center development preferred.
• Excellent organizational, interpersonal, writing and communication skills.
• Ability to read and interpret construction drawings and budgets.
• Experience managing multiple projects simultaneously.
• Ability to anticipate and mitigate development risks.
• Knowledge of entitlement and municipal approval process.