Senior Development Manager
- Employer
- Washington Metropolitan Area Transit Authority
- Location
- Washington D.C
- Closing date
- Feb 6, 2023
View more
- Industry
- Delivery and Transportation
- Function
- Consultant and Strategist, Management
- Hours
- Full Time
- Career Level
- Experienced (Non-Manager)
Job Details
WMATA's Division of Real Estate and Development is seeking a Senior Development Manager to lead complex public/private real estate developments identified in WMATA's 10-Year Strategic Plan for Joint Development. The position will oversee WMATA's efforts to engage development partners, negotiate and close on transactions, support design and construction activities, and coordinate with local jurisdictions on project funding and entitlements. The ideal candidate will bring 8 + years of multi-faceted public/private development experience and a passion for advancing TOD in the DMV.
MINIMUM QUALIFICATIONS
Education
- Bachelor's Degree in Real Estate, Business Administration, Urban Planning, Finance, Architecture, law or a related
- In lieu of a Bachelor's degree, a High School Diploma or General Equivalency Diploma (GED) with four (4) years of experience involving real estate development in required in addition to the below experience
Experience
- A minimum of eight (8) years of progressively responsible experience involving real estate development, business negotiations, project management, site development/design, entitlements and urban planning
- Three (3) years of experience supervising technical consultants is required,
- Applicants should have demonstrated success negotiating transactions and agreements with private sector developers and governmental agencies
Certification/Licensure
- N/A
Preferred
- Bachelor's Degree in Real Estate, Business, Urban Planning, Finance, Architecture, Law or a related field
Medical Group
Satisfactorily complete the medical examination for this position, if required. The incumbent must be able to perform the essential functions of this position either with or without reasonable accommodations.
SUMMARY
The Senior Development Manager is a professional and supervisory position leading complex public/private real estate development and implementing WMATA's 10-Year Strategic Plan for Joint Development. The incumbent is responsible for leading all aspects of joint development including drafting solicitations, evaluating and selecting development partners, negotiating business terms and transaction and legal agreements that involve confidential information, closing on property conveyances, and compliance with local, Federal and WMATA policies. The position requires extensive coordination within WMATA to plan and construct new transit facilities and external coordination with local jurisdictions to refine project goals, secure public infrastructure funding and entitlements.
ESSENTIAL FUNCTIONS
- Oversees a multidisciplinary team of professional staff and design, development, financial and legal consultants to implement all phases of joint development including oversight of the project post-closing.
- Leads developer selection process including drafting solicitation documents, evaluating proposals, negotiating key business terms, managing confidential information, and recommending selection.
- Negotiates all transaction documents, including joint development agreements, purchase and sale agreements, ground leases, easements, covenants, maintenance agreements, amendments and renegotiations.
- Coordinates the design, construction, funding, contracting and approvals of transit facilities with other WMATA departments and reviews plans and monitors construction.
- Develops joint development and land disposition strategy for Metro owned properties.
- Represents WMATA at public hearings and meetings with local and Federal governmental agencies, elected officials, property owners, developers, tenants, and design/development professionals.
- Builds relationships with public and private sector industry leaders and deepens knowledge and expertise of public/private development, TOD and regional market conditions through engagement with industry associations.
OTHER FUNCTIONS
- N/A
The functions listed are not intended to limit specific duties and responsibilities of any particular position. Nor is it intended to limit in any way the right of managers and supervisors to assign, direct and control the work of employees under their supervision.
Evaluation Criteria
Consideration will be given to applicants whose resumes demonstrate the required education and experience. Applicants should include all relevant education and work experience.
Evaluation criteria may include one or more of the following:
• Skills and/or behavioral assessment
• Personal interview
• Verification of education and experience (including certifications and licenses)
• Criminal Background Check (a criminal conviction is not an automatic bar to employment)
• Medical examination including a drug and alcohol screening (for safety sensitive positions)
• Review of a current motor vehicle report
Closing
WMATA is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by applicable federal law. This posting is an announcement of a vacant position under recruitment. It is not intended to replace the official job description. Job descriptions are available upon confirmation of an interview.
Company
The Washington Metropolitan Area Transit Authority operates the second largest rail transit system and the fifth largest bus network in the United States. Safe, clean and reliable, "America's Transit System" transports more than a third of the federal government to work and millions of tourists to the landmarks in the Nation's Capital.
Metro has earned a worldwide reputation for security and architectural beauty. WMATA is clearly the employer of choice for over 10,000 area residents. The Authority was created in 1967 by an interstate compact to plan, develop, build, finance and operate a balanced regional transportation system in the National Capital area. Construction of the Metrorail system began in 1969. Four area bus systems were acquired in 1973. The first phase of Metrorail began operation in 1976. The final leg of the original 103-mile rail network was completed in early 2001. Metrorail now operates 83 stations. One line extension and three new stations are now under construction.
Metrorail and Metrobus serve a population of 3.4 million within a 1,500-square-mile area. The transit zone consists of the District of Columbia, the suburban Maryland counties of Montgomery and Prince George's and the Northern Virginia counties of Arlington, Fairfax and Loudoun and the cities of Alexandria, Fairfax and Falls Church. Overall, about 40 percent of the region's residents commute to work on Metro.
Metro and the federal government are partners in transportation. Half of the 83 Metrorail stations serve federal facilities and 36 percent of the local federal workforce uses Metro. We are committed to being an integral part of the Washington metropolitan area by ensuring the best in safe, reliable, cost-effective and responsive transit services, by promoting regional mobility and by contributing toward the social, economic and environmental well-being of our community. Employees are Metro.; We are committed to providing a working environment that fosters a high standard of performance, recognition for contributions and innovations, mutual respect and a healthy quality of life.
We are committed to developing ourselves through technology, training and education. We recognize our diversity as a source of strength that enables us to attain individual and Authority goals. In addition to competitive salaries, Metro employees enjoy a number of attractive benefits. These benefits include paid time off in the form of vacations, holidays and sick leave; medical, dental, life insurances as well as long term disability. Retirement is planned for through a defined contribution plan and a deferred compensation plan. Alternative work schedules, teleworking and free transportation on Metrorail and Metrobus make for an great benefits package for WMATA employees.Jump to our website to apply online for current openings and save the link for future vacancies as they occur.http://content.wmata.com/jobs/employment_opportunities.cfm
- Website
- http://www.wmata.com/
- Location
-
600 Fifth St. NW
Washington
DC
20001
US
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