Development ManagerTrammell Crow Residential (TCR) is a leading multifamily real estate developer with a local presence in 16 key U.S. markets. Over 45 years, TCR has built more than 285,000 premier multifamily residences, delivering amenity-rich communities in economically thriving locations nationwide.
TCR is part of the development platform of Crow Holdings, a privately owned real estate investment and development firm with 75 years of history, $30 billion of assets under management, and an established platform with a vision for continued success.Position SummaryThe Development Manager reports to the Vice President of Development for Central Florida and is primarily responsible for managing the existing development pursuits and assisting with new ground-up market-rate multifamily rental opportunities. The Development Manager serves as the primary interface between construction and development internally and with external project teams throughout the development process from inception to disposition. This role is based in Tampa but will manage projects across Central Florida.Primary ResponsibilitiesAssist in all aspects of pre-development including underwriting, preparation of equity and debt book presentations, investment committee memos, site feasibility, and due diligenceManage internal development and construction team members, the design team, and third party consultantsInterface with brokers, property management, and government officials as necessaryManage the project design process, driving quality and cost effectiveness of the construction drawings by coordinating and leading internal and external plan reviews at all design stagesDevelop and manage the overall development scheduleObtain the necessary site and building permits as required by the municipalityParticipate in development meetings to report on entitlements, design, permitting, and construction updatesReview construction pricing and clarifications to ensure the project is bid to specificationOversee the monthly draw approval process by reviewing monthly invoices and draw summariesDevelop monthly project reports as requested by our equity partners to include financial forecasts, schedule updates, risk management, and marketing updatesEnsure strict project compliance with the business plan and communicate critical issues to the Vice PresidentConduct periodic construction site visits including monthly OAC meetingsDesired Skills & ExperienceBachelor's Degree required, Master's Degree or Real Estate Certificate a plus5-7 years development experience in market-rate multifamily rental product.
Specific experience with ground up development preferredDeep knowledge of design, architecture, construction and developmentExperience with coordinating multiple consultants and managing multiple projects simultaneouslyStrong experience with MS Office Suite (Excel, Word, PowerPoint, Project)Experience tracking budget versus proforma, change orders, construction reports, etc.Customer service-oriented mindset, with superb communication, interpersonal and presentation skillsUnderwriting and market analysis experience preferredRole is Tampa based, with frequent travel across the Central Florida marketsEqual Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.