TCC - VP Development Management - Office, Life Science Specialty
This role was opened specifically for Trammell Crow Company - We are an independently operated subsidiary of CBRE, the world's largest real estate services firm, pls visittrammellcrow.comfor more details.
Responsible for overall management of the construction process, construction underwriting, asset management system (ELITE) updates, financial modeling of construction process, coordination of due diligence activities and assembling responses to Request For Proposal/Request For Qualifications packages for primarily office and life science ground up construction in the Northern California region. Manages customer service through internal team coordination and collaboration and external partners, lenders, consultants, contractors, city officials, leasing teams and tenants consistent with Corporate values and culture. Leads development management on medium to large sized projects of more than simple complexity and provides professional expertise to larger and more complex projects. Potential to be engaged on entitlements and approval process through local jurisdictions.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Responsible for the execution of development services on most complex projects. Generally will handle a number of projects simultaneously.
Responsible for underwriting of project costs, from a conceptual design stage including preliminary specifications and scope, estimated project costs, and preliminary development timeline through project implementation and closeout.
Verifies that all project information related to building of the project, including project size, project costs, and key dates, is accurately input in the asset management system (ELITE) and that any subsequent changes are reflected there on a timely basis.
Coordinates due diligence on prospective land or building acquisitions, including hiring third party consultants such as environmental, civil, architects, and other engineers as appropriate, negotiating terms of their engagements including defining scope of investigations, management of those consultants, interpretation of results of consultants' findings for business unit pursuit team, and review and approval of cost estimates generated as part of due diligence process.
Deals effectively with major customers, resulting in retained/expanded business and the delivery of targeted, cost effective products.
Responsible for providing key inputs on responses to Requests for Proposals and Requests for Qualifications associated with pursuit of development opportunities.
Assists in new business pursuits.
Other duties may be assigned.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Prior experience in ground up construction for office and life science projects is a prerequisite. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and EXPERIENCE
Bachelor's degree in Architecture, Engineering, Construction Management, business or equivalent from appropriate 4-year college program. Typically, 7-15 years commercial development management experience in primarily in office and life science in the Northern California region. Knowledge and understanding of construction practices/techniques, Title III of ADA, contract laws, project controls and building support systems or any similar combination of education and experience. LEED accreditation with current educational requirements strongly preferred. Experience coordinating entitlements and approval process through local jurisdictions. Track record of consistently completing complex projects on time and on budget.
Ability to comprehend, analyze, and interpret the most complex business documents. Ability to respond effectively to the most sensitive issues. Ability to write reports, manuals, speeches and articles using distinctive style. Ability to make effective and persuasive presentations on complex topics to employees, clients, top management and/or public groups. Ability to motivate and negotiate effectively with key employees, top management, contractors, and client groups to take desired action.
Ability to solve advanced problems and deal with a variety of options in complex situations. Requires expert level analytical, quantitative, and construction skills. Draws upon the analysis of others and makes recommendations that have a direct impact on the company.
SCOPE OF RESPONSIBILITY
Decisions made with in-depth understanding and interpretation of procedures, company policies and business practices to achieve complex results. Responsible for setting project, department and/or division deadlines. Errors in judgment may cause long-term impact to line of business and/or overall company.
WHO WE ARE:
Trammell Crow Company (TCC), founded in 1948, is one of the nation's leading developers and investors in commercial real estate. The Company has developed or acquired 2,800 buildings valued at nearly $70 billion and over 625 million square feet. As of December 31, 2020, TCC had $14.9 billion of projects in process and $6.1 billion in its pipeline. It employs nearly 600 professionals in the United States and Europe.
TCC's teams are dedicated to building value for its clients with professionals in 18 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial, healthcare, multi-family residential, through its operating subsidiary High Street Residential, and mixed-use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet the needs of its clients. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development and providing incentive-based fee development services.
At TCC, diversity, equity and inclusion (DEI) are an essential and enabling force within our Company. By creating an environment where every employee and partner is valued for who they are, recognized for their contributions, and given the chance to grow, we open our business up to new perspectives and opportunities. TCC's DEI vision is to work together to foster long-term inclusivity and diversity across our Company, our industry, and the communities that we serve.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, and the world's largest commercial real estate services and investment firm (in terms of 2020 revenue). For more information visit www.TrammellCrow.com.
Internal Number: 21011559
With broader and deeper capabilities than any other company, CBRE is the leading full-service real estate services and investment organization in the world.
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2017 revenues of $14.2 billion and more than 80,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #214 in 2017. It also has been voted the industry’s top brand by the Lipsey Company for 17 consecutive years, and has been named one of Fortune’s “Most Admired Companies” in the real estate sector for six years in a row. Its shares trade on the New York Stock Exchange under the symbol “CBRE.”
CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.