Manager, Development
First Capital Realty
Toronto, ON
12d ago

SUMMARY : Reporting to the Director, Development, the Manager, Development is responsible for managing all entitlement activities related to the development of First Capital properties including major or minor redevelopment, infill buildings, improvements of access or site design and protection of development and zoning rights.

In addition, the Manager, Development oversees the financial analysis of development projects in the region and acts as the overall project lead on development projects.PRIMARY RESPONSIBILITIES :

  • Oversees all aspects of the day-to-day management of the pre-construction development process. This includes development of site plan layouts, approval of design specifications, obtaining government approvals, directing consultant work, and conducting feasibility studies;
  • Working with the Development Analyst, oversees the completion of a pro forma cost budget to evaluate financial feasibility of a particular development project with input from other departments;
  • Ensures the execution of the project in accordance with the approved budget and timing, including managing the budgeted expenditures as well as approving and processing of consultant invoices;
  • Maximizes the value of existing properties by seeking additional zoning rights where appropriate;
  • Monitors and reports on changes to municipal planning regime for all First Capital properties; in addition to adjacent applications in key markets;
  • Coordinate the financial due diligence for income producing assets that have a redevelopment component or greenfield sites.KEY QUALIFICATIONS :
  • Highly knowledgeable in the municipal approval process related to real estate development, with experience in multi-residential development being an asset;
  • Fundamental working knowledge of the financial analysis process, including the preparation and review of pro forma budget analyses related to real estate development;
  • Extensive project management experience including the management of a team of external consultants and ensuring all projects are completed within the approved budget and timing;
  • Strong knowledge of related development fields including leasing, operations, building design and construction;
  • Ability to communicate effectively with internal employees and external consultants and municipal officials;
  • Excellent analytical and problem-solving skills;
  • Attention to detail with a demonstrated commitment to quality;
  • Relevant market knowledge and insight;
  • Ability to effectively manage and prioritize many projects within tight deadlines;
  • Proficient in MS Office (Word, Excel, PowerPoint).KNOWLEDGE, EXPERIENCE AND SKILLS : Required level of education and job-related experience :
  • University Degree in Planning, Urban Geography or related Degree; and
  • Experience in commercial real estate and development.Specific Skills :
  • Excellent organizational, interpersonal and communication skills;
  • Leadership skills are essential; he / she must demonstrate the ability to drive results by collaborating with members of other groups;
  • Oriented to producing high quality work product by taking ownership of projects, having the passion to drive projects where creativity and lateral thinking will manifest in solutions;
  • A track record of success within a flat management structure;
  • Ability to also work independently in a fast-paced work environment with competing priorities;
  • Confident, articulate and naturally curious;
  • Solutions oriented, identify issues, alternatives and promote solutions.Excellent compensation commensurate with experience and full benefit package.
  • Successful applicants will be subject to a background check.Accessibility support and accommodations for disabilities, wherever appropriate, will be provided in the recruitment process on request.

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