Vice President of Development

Company:  Porte Communities
Location: Vancouver
Closing Date: 07-12-2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
THE TEAM: Our commitment to real estate has been steadfast since 1968. Over 55+ years, we've realized that we're not just shaping properties but actively contributing to communities and enriching lives. This spirit is evident in our developments, charitable work, and every team member at Porte. When individuals find fulfillment in their roles, incredible things happen. Considering a career with Porte brings an abundance of opportunity. You become integral to a supportive and diverse team that encourages growth and beyond that, you'll enjoy a variety of Porte Perks, including: ‘Kickstart Mondays’ with coffee and weekend banter. Weekly fitness training sessions. Friday happy hour (rooftop edition, weather permitting!). Regular training and educational events throughout the year. A vibrant social committee ensures we have fun together. Our commitment to community-building is embedded in our culture, and every Porte team member is invited to participate actively. From fundraising during the holiday season for the Food Bank to matching employee donations and running a charity, Cassie + Friends – make a difference. Each of our new developments contributes to the community by donating $100 per home built to the Breakfast Club of Canada, ensuring no child goes to school hungry. Joining Porte means becoming a vital member of a second-generation, family-run company with a legacy of over 55 years of success and progressive leadership in the real estate industry. Our ambitious plans include expanding residential rental and commercial portfolios, reaching new markets across BC and Calgary, and providing homes for hundreds of homeowners annually. Join a team where every role is an opportunity to make a meaningful impact. Welcome to Porte – where growth, community, and success are more than words; they're a way of life. Explore more about us at porte.ca JOB SUMMARY: The Vice President of Development is responsible for managing development projects and associated activities under the direction of the President. This role involves leading the planning, design, entitlements, and execution of real estate projects, ensuring alignment with company goals and objectives. Porte’s development projects are in Metro Vancouver, Vancouver Island and Calgary and focus on mixed-use, multi-family and income-producing residential and commercial developments. Upcoming development projects also include the redevelopment of existing income-producing properties. POSITION RESPONSIBILITIES: Develop, implement, manage, and optimize innovative strategies for the development of designated Porte projects. Work as part of the company leadership to create and implement the strategic direction for Porte Manage the full scope of the development process for multiple projects. Consult on the strategy for the development of properties and projects. Work with municipal parties to manage the approvals process and secure all necessary approvals. Provide project reporting throughout the development lifecycle, including business plans, development proformas, and project schedules. Retain and manage external consultant teams to ensure timely and budget-friendly delivery of drawings. Manage and communicate development-related budget items and other financial information. Work with legal counsel to manage amendments to all project-related legal documents. Assist in managing assets during the holding period before development, including site visits and tours. Represent Porte and development projects to municipal staff, external stakeholders, and the public. Liaise with consultants, city staff, community representatives, and other key stakeholders throughout the project phases. Actively research and participate in industry and policy consultations, communicating impacts to Porte on a timely basis. Collaborate with internal departments on all projects, including Acquisition, Construction, Finance/Accounting, Marketing and Sales, Customer Service, and Property Management. Manage the development team, construction, marketing and sales Monitor progress throughout the construction process, facilitating resolutions to any issues. Attend all necessary on-site meetings. Support marketing initiatives and coordinate the completion of sales and/or leasing centers. Assist in job closeout, and handle warranty issues as required. Maintain project documentation and assist with other tasks as needed. Participate with the Acquisitions team in diligence analysis and feasibility studies for potential acquisitions. Perform other duties as needed for Porte. QUALIFICATIONS Background in Commerce, Architecture, Business Administration, Urban Land Economics, Finance, Engineering, or Construction. 10+ years in real estate development, with a minimum of 5 years in a senior role. Strong computer skills, especially in Excel, and experience using MS Project. Well-versed in acquisitions and project/development financing. Strong analytical and decision-making skills, good business acumen, and a proactive problem-solving approach. Excellent communication and interpersonal skills with a proven track record in sustaining strong stakeholder relationships. Effective leader with excellent mentoring, delegation, planning, and leadership skills. Superior public relations skills with successful stakeholder management experience. INTERESTED? We offer a competitive compensation package, including: Salary Range: $225,000-250,000 Referral bonus program. Company’s perks/discounts (i.e. Goodlife Gym membership, Perkopolis etc.). RRSP contribution. You will work within a dynamic, driven, high-achieving, close-knit, and fun-loving team. At Porte we prioritize the well-being and satisfaction of our team, ensuring a comprehensive compensation package that goes beyond the numbers. #J-18808-Ljbffr
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