Director of Project Development

Job Summary

M&S is recruiting for a qualified and experienced Director of Project Development to lead the successful execution and delivery of new real estate projects. This position will serve as a primary point person with clients, exemplifying M&S’ commitment to excellence in service, communication, collaboration, and performance.

Essential Functions

  • Responsible for carrying out the project development process as the leader of a
    small team of Project Managers
  • Participate in deal sourcing and initial due diligence and contracting
  • Support site control negotiations in collaboration with executive team
  • Participate in deal structuring and project strategy initiatives
  • Oversee, and lead when applicable, tasks such as:
    • Site alternatives analysis, as necessary
    • Early-stage project feasibility (design and proforma)
    • Public funding eligibility analysis
    • Environmental assessments
    • Research and document relevant economic impact metrics
    • Coordination of all design services and project permitting needs
    • Preparation of all funding application (grants, tax credits, loans, etc.)
    • Financial closing process
    • Construction contract administration
    • Lease-up support, tenant recruitment, and fit-up coordination
    • Collaboration and coordination with asset management team to ensure successful handoff
  • Work with Marketing team to ensure development of appropriate project collateral and
    public relations support
  • Lead community outreach and other stakeholder management activities
  • Manage project contracts, schedules, budgets, payments, etc. and keep senior management apprised of progress and challenges
  • Ensure the clean execution and timely delivery of client deliverables

Requirements/Skills

Education and Professional Experience

  • BA/BS in economics, finance, real estate, or related area of study required

Technical Skills

  • Knowledge of real estate development process, asset valuation, financing; experience with tax credit programs such as NMTC, LIHTC, HTC, etc.
  • Project management skills including a strong aptitude for managing and prioritizing multiple people, projects, and deadlines
  • Proficiency in Microsoft Office, specifically Excel, and ability to read and comprehend financial models

Personal Skills

  • Personal passion for and commitment to the enduring vitality of historic New England buildings and communities
  • Action and results oriented; driven to ensure project success on client’s behalf
  • Deep curiosity and creativity, and a drive to solve problems and improve and simplify designs, systems, and processes
  • Ability to adapt to quickly changing environments, make decisions on the fly, and serve in many roles as part of a nimble and innovative team
  • Excellent written and verbal communication skills, responsive and timely communicator with clients, stakeholders, and team members
  • Ability to multi‐task, prioritize, and maintain a high level of organization in a dynamic environment
  • Professional demeanor and conduct, exercises good judgment and represents the firm with integrity

If you are looking for long-term career growth, professional responsibility, and meaningful employment within a fun, energetic, and diverse organization that values its people tremendously, we hope you will consider joining our team.  Please email your cover letter, resume, and a detailed list of your project development experience to: hiring@stevens-assoc.com and include “Director of Project Development” in the subject heading.

M&S Development offers a competitive salary commensurate with the level of experience, as well as a comprehensive benefits package. We are a Veteran-owned company and an equal opportunity employer.

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