Terra Group

Development Associate

LocationIndiana, IN
Job TypeFull-time

About This Job


Work type: In-Person


Coconut Grove, FL

Support the Senior Development Manager with executing the company’s development project pipeline from inception to completion.

Responsible for, under the guidance of the Senior Development Manager, managing phases of multiple development projects.


Responsibilities

Coordinate consultants and internal team members to develop and collect applicable documents in conjunction with obtaining entitlements and required building permits.
Assist in collecting and assembling information required for underwriting proposed deals involving existing assets and potential acquisitions. Work with acquisitions analyst/associate to create financial models to underwrite project costs, revenues, and returns.
Interface with internal stakeholders to define project requirements and constraints and obtain input on design and budgets.
Prepare budgets, schedules, and execution strategy for projects including entitlements, design development, and building permit approvals.
Identify project risks, develop risk mitigation and contingency plans, and implement action plans to reduce or eliminate project risks.
Assist in the selection and management of the design team and preparation of drawings for initial budgeting and scope definition, development of site and building design detailed drawings, etc.
Track progress of each project against goals, objectives, approved budgets, approved timelines. Report status and variances in coordination with accounting. Create action plans and adjust as required to meet objectives, budget and schedule.
Develop project schedules and track against milestone dates and original dates
Assist and work with development/construction/project manager to maintain development schedule for deliverables required by development/construction team.
Create and maintain development schedules for deliverables required by design team. (pre-construction)
Internal team coordination – Operations, Marketing, Development/Construction, Finance, Legal, IT, Accounting
Responsible for project cost management to ensure all stay within budget
Create project and predevelopment budgets and project cash flows that accurately track schedule/timing.
Update monthly development reports for distribution and present information to executive team.
Run and oversee minutes for all consultant project meetings, including but not limited to architect/owner/contractor meetings prior to construction start; ensure clear action items are defined and followed up on after each meeting
Coordinate branding and marketing efforts
Responsible for securing any and all approvals and permits
Works closely with legal counsel to negotiate and execute consultant agreements
Manage all consultant contracts for compliance with schedule of values and terms (with the exception of marketing which will be managed by the marketing department)
Attends work as scheduled to support the ongoing success of the company
Other duties, responsibilities and special projects as assigned


Qualifications

Bachelor’s degree in Architecture, Economics or Real Estate
2-4 years’ real estate development or architecture experience
Advanced knowledge of Blue Beam

To submit your resume for this position, please send your resume and cover letter to: RECRUITING@TERRAGROUP.COM, and use the subject line: DEVELOPMENT ASSOCIATE

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