Development Lead - McCord Development, Inc.

October 06, 2017
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McCord Development, Inc.

Houston, Texas 77044
http://www.mccord.com

Position Objective:

Responsible for leading development operations across all asset classes at Generation Park, the largest private commercial development (4,000 acres) in the 3rd most populous county in the United States.

Primary Responsibilities:

  • Manage and grow vertical development (fee, spec, pre-leased, and built-to-suit) business unit to execute office, industrial, retail, multifamily and hospitality development at Generation Park (40 million square feet at build out).
  • Source debt & equity capital and expand relationships with capital partners (ranging from $10MM to +$500MM).
  • Participate in development process from project conceptualization through stabilization. Manage contract negotiation, project capitalization, and design & engineering process.
  • Analyze demographic, economic, and market data to draw objective conclusions and make strategic recommendations.
  • Manage vertical development P&L; reconcile and report on performance and variances to budget. Track asset and market metrics to make sell/hold/refi recommendations on portfolio.
  • Partner with sales & leasing team on lease-up of developed assets and pursuit of new opportunities. Form relationships with brokerage community to maintain market knowledge and identify leads.

 

Required Skills, Education and Experience:

  • Minimum undergraduate degree with 7 years of commercial development experience.
  • Demonstrate leadership. Maintain a high standard of accuracy, attention to detail, and confidence under the pressure of time-sensitive deadlines. Must take initiative, relish challenge, and be comfortable keeping various projects moving simultaneously.
  • Ability to lead an internal platform as well as cultivate relationships with contractors, consultants, and other service providers.
  • Intellectual curiosity to contribute across multiple disciplines. Must have intuition for good design and extremely high degree of financial aptitude alike.
  • Confidence speaking publicly and comfort negotiating complex lease, loan, sale, and partnership agreements with partners.
  • Demonstrated ability to roll-up sleeves, discard or adapt old ways, and work with team members in a hands-on capacity.