Executive Director for Real Estate Development
University of North Carolina at Chapel Hill
Chapel Hill, NC
Salary Estimate: $0.00 - $75,000.00
Employment Type: Full Time
Work Place: Office
Experience Required: 2+ to 5 years
Education Required: Graduate Degree
Job Description
Executive Director for Real Estate Development
University of North Carolina at Chapel Hill
University of North Carolina at Chapel Hill
Application Deadline
01/20/2025
01/20/2025
Proposed Start Date
02/03/2025
Equal Opportunity Employer:
The University of North Carolina at Chapel Hill is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex, sexual orientation, or status as a protected veteran.
Position Description:
The Executive Director (ED) of Real Estate Development leads the planning and development efforts for Carolina North, a 134-acre site located approximately one mile from the main campus. The ED will lead the master planning effort for the first phase of development that will potentially include a new sports facility, mixed-use commercial development, academic expansion and a broad range of housing, including students (undergraduate and graduate) and faculty, staff, and broader community, with an emphasis on workforce housing. This position will report to the Associate Vice Chancellor for Real Estate and Campus Enterprises and will work closely and collaborate with the Vice Chancellor for Finance and Operations, the Associate Vice Chancellor for Facilities Services, and other senior leadership within the university.
The ED will be responsible for all phases of Carolina North, from master planning through project completion and occupancy. The ED will work closely with the Campus Architect and planning consultants to establish a master plan that supports the university’s program requirements at Carolina North and develop an implementation plan for pre-development efforts, such as entitlement and permitting efforts, and include interacting with government officials, establishing utility and infrastructure requirements, and coordination with key external stakeholders.
This position will manage all phases of commercial development projects; oversee entitlement process and represent the University with regulatory entities; and establish project pro formas, budgets, and schedules.
The University of North Carolina at Chapel Hill is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex, sexual orientation, or status as a protected veteran.
Position Description:
The Executive Director (ED) of Real Estate Development leads the planning and development efforts for Carolina North, a 134-acre site located approximately one mile from the main campus. The ED will lead the master planning effort for the first phase of development that will potentially include a new sports facility, mixed-use commercial development, academic expansion and a broad range of housing, including students (undergraduate and graduate) and faculty, staff, and broader community, with an emphasis on workforce housing. This position will report to the Associate Vice Chancellor for Real Estate and Campus Enterprises and will work closely and collaborate with the Vice Chancellor for Finance and Operations, the Associate Vice Chancellor for Facilities Services, and other senior leadership within the university.
The ED will be responsible for all phases of Carolina North, from master planning through project completion and occupancy. The ED will work closely with the Campus Architect and planning consultants to establish a master plan that supports the university’s program requirements at Carolina North and develop an implementation plan for pre-development efforts, such as entitlement and permitting efforts, and include interacting with government officials, establishing utility and infrastructure requirements, and coordination with key external stakeholders.
This position will manage all phases of commercial development projects; oversee entitlement process and represent the University with regulatory entities; and establish project pro formas, budgets, and schedules.
Essential Skills, Knowledge and Abilities:
* Bachelor’s Degree in real estate, business and/or economics/finance, architecture or urban planning, construction or related major.
* Minimum of 10 years work experience in real estate development, including experience directly leading complex mixed-use design and construction projects.
* Significant experience conceptualizing, site planning, programming and executing development of mixed-use, office, retail and multi-family projects.
* Strong financial analysis skills, including demonstrated ability to analyze and influence complex financial models and structures with an understanding of corresponding risks.
* Strong communication, presentation, and listening abilities, and aptitude for effectively navigating internal and external processes.
* Effective interpersonal skills, social and emotional intelligence, and political acumen to operate in a highly dynamic environment.
* Self-starter with the ability to establish both project and personal priorities in an organized manner for successful day-to-day and long-term planning efforts.
* Proficient in Microsoft Office, Microsoft Project, Excel and Word.
* Minimum of 10 years work experience in real estate development, including experience directly leading complex mixed-use design and construction projects.
* Significant experience conceptualizing, site planning, programming and executing development of mixed-use, office, retail and multi-family projects.
* Strong financial analysis skills, including demonstrated ability to analyze and influence complex financial models and structures with an understanding of corresponding risks.
* Strong communication, presentation, and listening abilities, and aptitude for effectively navigating internal and external processes.
* Effective interpersonal skills, social and emotional intelligence, and political acumen to operate in a highly dynamic environment.
* Self-starter with the ability to establish both project and personal priorities in an organized manner for successful day-to-day and long-term planning efforts.
* Proficient in Microsoft Office, Microsoft Project, Excel and Word.
Education Requirements:
Relevant post-Baccalaureate degree required (or foreign degree equivalent) with three years or greater of related professional experience; for candidates demonstrating comparable professional backgrounds, will accept a relevant Bachelor’s degree (or foreign degree equivalent) and five years or greater of relevant experience in substitution.
Qualifications and Experience:
Master of Real Estate Development (MRED) or MBA preferred.
Experience in direct oversight of active mixed-use retail, entertainment and/or live event venue ground-up construction projects is strongly preferred.
Demonstrated knowledge of the market dynamics, local customs, real estate values, and third-party relationships in the Southeast region.
Relevant post-Baccalaureate degree required (or foreign degree equivalent) with three years or greater of related professional experience; for candidates demonstrating comparable professional backgrounds, will accept a relevant Bachelor’s degree (or foreign degree equivalent) and five years or greater of relevant experience in substitution.
Qualifications and Experience:
Master of Real Estate Development (MRED) or MBA preferred.
Experience in direct oversight of active mixed-use retail, entertainment and/or live event venue ground-up construction projects is strongly preferred.
Demonstrated knowledge of the market dynamics, local customs, real estate values, and third-party relationships in the Southeast region.
Posting Open Date: 12/12/2024
Posting Close Date: 01/20/2025
Open Until Filled: No
Office of Human Resources Contact Information: If you experience any problems accessing the system or have questions about the application process, please contact the Office of Human Resources at (919) 843-2300 or send an email to employment@unc.edu
Please note: The Office of Human Resources will not be able to provide specific updates regarding position or application status.
Please note: The Office of Human Resources will not be able to provide specific updates regarding position or application status.
GADVID:684099
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