Director of Development & Construction, Self Storage
Location:
Spartanburg, SC
Company Description:
Founded over 35 years ago, our client is a best-in-class national real estate developer of self-storage, industrial, multifamily, commercial properties, and master-planned communities. The Company is a privately held, entrepreneurial development company with the stability of institutional grade capital and committed to growth and long-term ownership of operating assets.
Position Description:
The Self-Storage Division is recruiting a Director of Development & Construction, who will report to the President of the Self-Storage Division. The Director will be responsible for the entitlement and construction execution of the Company’s development pipeline. Currently, our client has a $450M pipeline of twenty-six planned Self-Storage facilities. The Director will proactively manage the team responsible for the entitlement, budgeting, permitting, and contract negotiations of each project. Serving as the leader of the development vertical, the Director will provide guidance and direction to the Company’s three satellite offices, which include seven direct reports. This senior leadership position is based at the corporate headquarters in Spartanburg, SC with nationwide travel to the sites and satellite offices.
Position Responsibilities
- Work through the Directors of Development to oversee all aspects of development and construction for the Self-Storage Division
- Manage a team of development staff and a national pipeline of planned Self-Storage facilities
- Develop and implement policies and procedures for the development and construction process
- Held accountable for the budgeting and underwriting of new investment opportunities
- Consult on the entitlement viability and planning of early-stage development business plans
- Oversee the review of due diligence materials and findings presented by the Self-Storage team
- Ensure projects are tracking on time and on budget
- Provide regular updates on project design and schedules to company’s investors, members, and internal stakeholders
- Monitor material and labor costs while continuing to work on the development of design and construction alternatives which ensure that our projects maintain quality at the lowest cost
- Collaborate with the regional development teams, ensuring optimal layouts & achievable proformas
- Consult on construction budgeting and unforeseen challenges while delivering creative cost saving solutions
- Monitor operating performance metrics and financial results continuously
- Hold regular meetings with direct reports and contractors to discuss performance in person and virtually
- Recruit, identify and develop new Development Managers as required to meet division strategic goals and needs
- Ensure all development projects comply with local building codes and regulations
- Manage risk and identify potential issues that may impact project timelines or budgets
- Develop and maintain relationships with key stakeholders including investors, lenders, and government officials
Skills and Experience
- Bachelor’s Degree in a relevant major required (i.e. Real Estate, Engineering, Architecture, Construction Management or Services, Finance)
- Master’s degree in relevant focus preferred (Architecture, Engineering, MBA, Construction Management or Services, Law)
- Significant experience working in complex real estate development, vertical construction and construction services, or management
- Excellent quantitative and analytical skills; ability to understand, interpret and analyze information
- Proficient understanding on building plans
- Strong attention to detail and organization; takes ownership of work product
- Ability to think strategically and demonstrate a high level of individual initiative
- Experience leading a team of development or construction staff on complex projects in multiple locations
- Effective verbal and written communication skills as well as strong interpersonal skills
- Must be driven, passionate about development and construction with a strong work ethic
- Alignment with the Company’s Guiding Principles
To learn more about this position, contact: David Fischer | (770) 727-0299 | dfischer@crownsearch.com