The Detroit Economic Growth Corporation (DEGC) is the public-private partnership leading the economic revitalization efforts for Detroit, the most exciting urban recovery in the nation. The DEGC, which has worked on the behalf of the City of Detroit for over 35 years, closely collaborates with other institutions to support existing businesses and bring new employers and investments into the City. The DEGC designs and implements innovative solutions that drive investment, facilitate job creation and strengthen the economy through value-added cross-sector partnerships. The DEGC’s commitment to integrity, transparency, and professionalism permeate the organization, thereby reinforcing its stature as the economic development authority for the City.
The DEGC provides staff services to Detroit’s public development authorities including The Downtown Development Authority, The Detroit Brownfield Redevelopment Authority, The Economic Development Corporation, The Eight Mile Woodward Corridor Improvement Authority, Neighborhood Development Corporation, the Local Development Finance Authority, and the Tax Increment Finance Authority.
It's an exciting time to live, work and play in Detroit! The City’s economy is growing at an incredible rate and the DEGC occupies a vital and leading role in driving this investment in a strategic manner. Since 2006, there has been over $12B in planned, active, or completed developments in Detroit, and this growth is accelerating every year. Detroit’s recovery and revitalization is undeniable. From London to Shanghai and Seattle to Miami, Detroit is squarely on the radar of companies seeking expansion opportunities. Detroit has also captured the attention of real estate investors and developers looking to pursue catalytic projects, as well as entrepreneurs in search of a nurturing environment that fosters innovation. The question now is how to leverage this momentum to build a sustainable, robust, and inclusive economy.
SUMMARY OF ROLE
The Real Estate and Financial Services Department leads commercial, industrial, and retail development for the City of Detroit. REFS provides land assembly, asset management, site pre-development & development services, developer selection and financial proforma evaluation, deal structuring, incentive validation - City and State, and other project and construction management services. We are looking for a dynamic seasoned real estate professional to provide development planning and analysis, development finance analysis and general commercial real estate analysis for our various projects. This position will assist in overseeing all financial, incentive and loan programs that are administered by the Detroit Economic Growth Corporation (DEGC) and its related entities.
KEY ROLES AND RESPONSIBILITIES
A competitive compensation package will be provided to the successful candidates. Salary range is dependent on experience and is accompanied by a full range of benefits. Qualified candidates should respond by sending a confidential resume, and cover letter with salary history.
The DEGC is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion or belief, sex, sexual orientation, gender identity or expression, national, social or ethnic origin, age, genetic information, disability, or veteran status.