Job Description
Job Description
Primary Purpose of Position:
Coordinate and supervise the management of various elements of assigned commercial real estate development projects.
Essential Functions:
- Provide direction and coordinate elements of the development process from project inception through completion and the subsequent turnover to Property Management.
- Coordinate the work of the BP internal team (Leasing, Legal, Construction, Finance, Accounting, and Property Management) both within Boston Properties and with outside consultants.
- Create and maintain budgets and economic models for potential acquisitions and development projects.
- Participate in the due diligence process and evaluation of proposed developments and existing building acquisitions.
- Assist in maintaining and ensuring that the project budget is achieved.
- Coordinate and participate in the various aspects of the permitting/entitlement process, including attending and representing Boston Properties at appropriate public boards and hearings.
- Coordinate the work of the tenant design team.
- Coordinate the preparation of the design and construction schedules.
- Coordinate project design with contractor pre-construction services.
- Review and approve all project invoices, including design services and construction requisitions.
- Oversee design and construction progress meetings.
- Assist in the preparation, negotiation and execution of all project legal documents and contracts.
- Assist in the leasing of projects, including participation in tenant showings, proposal preparation, tasks related to the consummation of a business agreement, the negotiation of tenant leases, and the development of tenant work letters.
- Prepare budgets, review monthly requisitions and other financial requirements of construction and other lenders.
- Provide timely and accurate project financial information to the Capital Markets group for capital budgeting and earnings projections.
- Produce and maintain the various project information and reporting requirements of the Development Status Database, including the Status Report, PCR budgets, and Capital requirements.
- Prepare periodic case studies to inform/discuss various “lessons learned” with internal departments.
Non-Essential Functions:
- Participate in real estate industry groups.
- Perform duties as assigned.
Requirements and Qualifications:
- A BA/BS degree required with a concentration in a related field preferred.
- Master’s in business administration preferred.
- A minimum of 2-5 years of progressively responsible real estate development or related project management experience required.
- Strong analytical and problem-solving skills.
- Excellent verbal and written communication skills.
- Ability to handle multiple tasks simultaneously while under pressure.
- Ability to interact with co-workers, contractors, tenants, and/or vendors in an articulate, courteous, and business-like manner at all times.
- Ability to produce quality work in consistent manner.
- Ability to manage complex, multifaceted projects and teams.
- Results oriented.
- Strong negotiation and conflict-resolution skills.
- Ability to produce quantity of work necessary to complete assigned tasks in a timely manner.
- Self-motivated with the ability to work independently or to work as part of a team.
- Adaptability to changing demands.
- Proficiency in Excel, Microsoft Word and Lotus Notes.
Physical Requirements:
- Involves work of a general office nature usually performed sitting such as operation of a computer.
- Involves work of a general office nature usually performed standing such as operation of a fax and printer.
- Involves work such as tours throughout property portfolio, including to construction sites, usually performed by walking and by climbing stairs.
- Involves movement between departments to facilitate work.
- Involves lifting plans or boxes of 25 pounds or more occasionally.
Internal and External Structure:
Communication required internally throughout the organization. External contacts include but are not limited to public officials, tenants, consultants, brokers, vendors, and contractors.
Reporting Structure:
- This position reports to the Senior Vice President, Regional Manager who provides assignments, supervision, and guidance and who will coordinate, evaluate, and monitor work performance on a periodic basis.
- This position supports the Development department including management, officers and staff members who provide assignments and guidance.
Salary Range:
$167,730 - $256,435. offers a competitive total rewards package including base salary and annual discretionary bonus. The range represents expected base salary; compensation will be determined based on role, skills, experience, qualifications, location, and other job-related factors. Our comprehensive benefits include medical and dental coverage, a retirement savings plan with competitive company match, backup childcare, educational assistance, employee support programs, a generous commuter transit subsidy and more.