This role was opened specifically for Trammell Crow Company - We are an independently operated subsidiary of CBRE, the world's largest real estate services firm, pls visittrammellcrow.comfor more details.
JOB SUMMARY Responsible for management of the overall construction process, from precon through completion, including underwriting the cost of development, securing entitlements and approvals, budgeting, design, and execution of ground up construction through tenant occupancy and building stabilization. Focuses on exceeding customer expectations with accountability for delivering product on-time and on-budget. Robust experience in Class A office and, or life science developments required with a proven ability to lead internal and external execution teams on large, complex projects.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Directs site acquisition due diligence including compliance with scope of consultants' contracts, completeness of information gathered, etc. as well as TCC internal sign off processes.
Approves cost estimates based on these findings or recommends plans to address or remediate any issues that are discovered through due diligence.
Develops project scope, schedule and budget and oversees timely execution of development within that context. Full command of the project critical path and seeks opportunities to optimize the project budget and timeline.
Responsible for architect, project consultants and general contractor selection including RFP's, contract negotiation and contract administration oversight.
Manages design team and general contractor throughout project.
Responsible for review and approval of all project expenditures and draws.
Proactive approach to risk management throughout the development and construction process.
Thorough understanding of permitting agency requirements and submittals to effectively secure construction approvals.
Developing effective working relationships with all public permitting agencies.
Works collaboratively with internal TCC team members in pursuit and execution of projects.
Capability to simultaneously direct multiple projects.
Has oversight and approval of all construction-related project information contained in the asset management system (ELITE).
Deals effectively with major customers and financial partners, resulting in retained/expanded business.
Develops relationships in the market that lead to fee-based development or consulting assignments. Assists in pursuing and winning principal-based business. Other duties may be assigned.
SUPERVISORY RESPONSIBILITIES Manages the planning, organization, and controls for major projects, functional area, or department. Monitors appropriate staffing levels and reports on utilization and deployment of human resources. Leads and supports in areas of staffing, selection, training, development, coaching, mentoring, measuring, appraising and rewarding performance and retention. Leads by example and models behaviors that are consistent with the company's values.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and EXPERIENCE Bachelor's degree in Architecture, Engineering, Business or equivalent from appropriate 4-year college program. Typically 10-15 years minimum commercial development management experience. Knowledge and understanding of construction practices/techniques, Title III of ADA, contract laws, project controls and building support systems or any similar combination of education and experience. LEED accreditation with current educational requirements strongly preferred. Track record of consistently completing class A developments on time and on budget.
COMMUNICATION SKILLS Ability to comprehend, analyze, and interpret sophisticated business and construction documents. Ability to respond effectively to the most sensitive issues. Emotional intelligence a key skill set. Ability to make effective and persuasive presentations on complex topics to employees, clients, top management and/or public groups.
FINANCIAL KNOWLEDGE Requires in-depth knowledge of financial and real estate terms and principles. Reviews detailed financial/business analysis and reports prepared by subordinates. Seeks innovative solutions throughout the course of the project. Adherence to and consistent implementation of TCC financial policies and procedures.
REASONING ABILITY Ability to solve advanced problems and deal with a variety of options in complex situations. Requires expert level analytical, quantitative, and construction skills. Draws upon the analysis of others and makes recommendations that have a direct impact on the company.
WHO WE ARE:
Trammell Crow Company (TCC), founded in 1948, is one of the nation's leading developers and investors in commercial real estate. The Company has developed or acquired 2,800 buildings valued at nearly $70 billion and over 625 million square feet. As of December 31, 2020, TCC had $14.9 billion of projects in process and $6.1 billion in its pipeline. It employs nearly 600 professionals in the United States and Europe.
TCC's teams are dedicated to building value for its clients with professionals in 18 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial, healthcare, multi-family residential, through its operating subsidiary High Street Residential, and mixed-use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet the needs of its clients. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development and providing incentive-based fee development services.
At TCC, diversity, equity and inclusion (DEI) are an essential and enabling force within our Company. By creating an environment where every employee and partner is valued for who they are, recognized for their contributions, and given the chance to grow, we open our business up to new perspectives and opportunities. TCC's DEI vision is to work together to foster long-term inclusivity and diversity across our Company, our industry, and the communities that we serve.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, and the world's largest commercial real estate services and investment firm (in terms of 2020 revenue). For more information visit www.TrammellCrow.com.
Internal Number: 21011561
With broader and deeper capabilities than any other company, CBRE is the leading full-service real estate services and investment organization in the world.
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2017 revenues of $14.2 billion and more than 80,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #214 in 2017. It also has been voted the industry’s top brand by the Lipsey Company for 17 consecutive years, and has been named one of Fortune’s “Most Admired Companies” in the real estate sector for six years in a row. Its shares trade on the New York Stock Exchange under the symbol “CBRE.”
CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.