Cressey Development Group a leading construction- and real estate firm established over 55 years ago located in Vancouver, BC is looking for Area Development Manager. This is a full-time, long-term position.
The key responsibilities include the following:
Project Planning and Development Management
- Lead and oversee mixed-use, high-density area developments from land acquisition through to construction and final delivery.
- Analyze (rezoning) and understand planning policies and propose strong development strategies accordingly.
- Navigate rezoning, development, and building permit processes in coordination with municipal authorities.
- Procure and manage interdisciplinary teams including architects, engineers, planners, and consultants, ensuring cohesive execution across subareas.
- Leverage experience in complex legal structures and public-private partnerships to optimize project approvals and manage risk
- Develop and maintain detailed development- and construction schedules, identifying critical paths and risk mitigation strategies.
Financial Oversight and Market Strategy
- Build and maintain detailed project proformas, ensuring comprehensive financial scenario modeling.
- Monitor and manage project budgets and cash flow, providing regular updates to senior management.
- Work with the finance department to review financing options and submit necessary applications (e.g., financial institutions, CMHC, etc.).
- Conduct (market) research to refine project positioning, ensuring designs align with market demand.
- Develop creative strategies to meet growing demands for sustainability and affordability.
- Value engineer construction budgets to align with cost estimates.
Stakeholder and Community Engagement
- Act as the primary liaison for community engagement, including public meetings, hearings, and consultations.
- Foster relationships with municipal officials, community groups, and industry partners to facilitate project approvals and success.
- Collaborate with internal marketing teams to develop project-specific marketing plans, sales strategies, and leasing campaigns.
Construction and Project Delivery
- Work closely with the in-house construction team to ensure projects are executed as planned, within scope, budget, and timeline.
- Coordinate with retail brokers to lease or sell commercial spaces within developments.
- Ensure a smooth transition from development to construction and final project delivery.
Requirements:
- 7+ years of experience in the real estate and area development industry.
- Master’s degree in urban planning, urban geography, business administration, or a related field.
- Strong understanding of zoning regulations, permitting processes, and market dynamics.
- Strong analytical skills with the ability to navigate complex public (planning) policy and strategize accordingly.
- Familiarity with local, regional, and national building codes and regulations.
- Proven experience in project management, with the ability to manage multiple projects simultaneously.
Financial acumen with experience in creating and maintaining project proformas, budgets, and cash flow analyses. - Strong communication and interpersonal skills, with the ability to collaborate across departments and external stakeholders.
- Ability to navigate complex legal and regulatory requirements related to real estate and area development.
- Proficiency in (market) research and strategic planning to optimize project positioning and success.
- BC driver’s license.
Work conditions are as follows:
- wage $67.31/hour; $140,000.00 per year.
- 30 – 40 hours per week
- working location – Vancouver, BC
- overtime is paid at 1,5 rate for hours exceeding 40 hours in any given week
- vacation pay 6%
Underrepresented groups and refugees are encouraged to apply.
Please send your applications to: [email protected]
