Development Manager - Toronto, Canada - CAPREIT

CAPREIT
CAPREIT
Verified Company
Toronto, Canada

3 weeks ago

Sophia Lee

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Sophia Lee

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Description
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Position Summary:

The Development Manager is responsible for all aspects of assigned high-rise, mid-rise and redevelopment or infill residential development projects, including:

visioning, planning approvals, overall project management leading up to building permits, and registration/occupancy. Collaborating with CAPREIT's other departments, the Development Manager has project-scale budgeting, scheduling, and financial reporting accountabilities.


Responsibilities:


  • Effectively liaises with consultants, municipal staff, politicians, neighbours, and other external stakeholders in obtaining planning approvals that meet or exceed CAPREIT's objectives, budget, and schedule.
  • Reviews and interprets various technical documents—planning, engineering, legal, financial, etc.—to identify concerns and opportunities generally, while specifically managing the consultant team in the preparation, submission, and revision of required reports, agreements, etc.
  • Manages consultants in preparing site and building drawings, as well as accurate statistics to enable iterative analysis that leads to constructive design and programmatic recommendations.
  • Reviews, interprets, and incorporates qualitative and quantitative market research and analysis to understand potential renters, their aspirations, and competing offerings in the market so as to inform product offering, pricing, and demand assumptions.
  • Manages the building permit and registration process for highrise and mediumdensity rental projects.
  • Manages, collaboratively with Sales & Marketing and Construction Manager, respectively, in the lead up to leasing launches as well as construction starts, with ongoing support provided following those milestones.
  • Interacts with various internal departments and divisions to ensure financial and nonfinancial inputs and assumptions are current and accurate.
  • Reviews, tracks and reports on overall project budgets and schedules—including cash flow forecasts, variance analysis, partner reporting packages, etc.
  • Manages the preparation of succinct and accurate reports, agendas, and minutes for internal, consultant, and/or partner meetings to track project progress as well as ongoing responsibilities and deadlines.
  • Keeps current with the specific political, regulatory, and market trends to keep the business informed of potential changes within the development industry.
  • Assist with the monitoring and assessment of planning notices and policy changes that may affect REIT owned properties; and
  • Other duties within the scope, spirit, and purpose of the job, as requested by management

Skills & Qualifications:


  • Completion of a Bachelor's degree in related field (e.g. Planning, Engineering, Architecture) and a minimum of 6years' experience in Real Estate development. Multifamily residential experience is required, and mixeduse experience is an asset.
  • Knowledge of planning policy in other provinces will be considered an asset
  • Effective communicator with demonstrated written and verbal skills (i.e., report writing, presentations and meeting facilitation)
  • Strong working knowledge of Microsoft Excel, PowerPoint, and Word.
  • Welldeveloped analytical and problemsolving skills.
  • Proven ability to collaborate and build strong working relationships with other departments and with people at various levels of the organization.
  • Independent proactive selfstarter, with the ability to effectively manage various projects simultaneously to meet strict deadlines.
  • Works well in a cross functional team environment and has a positive outlook and attitude.
  • Good time management and organizational skills.
  • Member of CIP, OAA, PMP or LEED AP certification would be an asset

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