Vice President of Development bei Sandestin Investments, LLC

Sandestin Investments, LLC’s VP of Development will serve as a representative for the owner(s) and ensure overall profitability and efficient operating of the family assets. In addition, they will be responsible for overseeing the design, entitlement, modelling, permitting, and construction of various real estate and related entities.

VP of Development:

• Responsible for overseeing the design, entitlement, modelling, permitting, and construction of various real estate projects and renovations.
• Responsible for conducting market and demographic research for any potential development opportunities.
• Communicate and coordinate with banks, general contractors, interior design teams, and all consultants to define project requirements and constraints and create and execute strategy.
• Coordinate with internal Sandestin® team members to execute their respective roles for any new development or renovation, including but not limited to finance, marketing, and IT.
• Assist operations in preparing for the opening of any new developments or renovations and prepare the project to be taken over by them and opened. 
  • Create development budgets and schedules, then manage execution within those committed financial model parameters.
  • Seek financing for new developments or renovations when needed. 
  • Manage teams of external parties including architects, engineers, and other consultants.
  • Identify project exposures, develop risk management and contingency plans to reduce and/or eliminate project risks.
  • Manage design and procurement of permits and installation of utilities.
  • Track and report progress of each project against goals, objectives, approved budgets and timelines, and lender and jurisdictional requirements.
  • Conduct project assessments and make recommendations on project feasibility relating to financing, marketability, operational and physical viability.
  • Maintain a working relationship with internal and external partners including real estate finance resources, mortgage bankers, lenders, government entities, mortgage and program departments at the local, state and federal level, and private real estate development industry stakeholders.
  • Provide research about local, state and federal regulations that may impact development and new construction.
  • Name, brand, and work with marketing to market the new developments and renovations. This includes but is not limited to creating the logo, website, collateral materials and signage, and approving a marketing plan. 
  • Assist with planning the launch of new projects from a real estate perspective and help create the pricing and launch strategy.
  • Meet with the real estate team regularly during the sales process to ensure success of the project.
  • Lead the overall design efforts of all new developments and remodels, including but not limited to architectural floorplans and elevations, interior design, and landscape design
  • Plan furniture layouts and approve all selections.
  • Hire and coordinate with purchasing agents and installers.
  • Oversee the project managers.
  • Ensure the job is completed on time and in budget.
  • Reviews and approves all change orders. 
  • Perform other duties as needed for project success.

Qualifications

• Bachelor’s degree in business, economics, management or construction-related field
• A team player who demonstrates excellent written and verbal communication skills
• Strong collaboration, time management, and organizational skills
• Proven ability to multi-task and manage projects on strict deadlines
• Excellent leadership skills and the ability to motivate
• Innovative and visionary- able to spot market trends and understand the new and novel and how to implement it

Compensation Request:

• Based on the bids received to hire an outside asset management firm, the going rate is 1% of gross revenue.
• I ask to be compensated at .75% of gross revenue for my asset management role. 
• For  VP pf development, I am asking for a developer’s fee on each and every development and renovation, of 5%

 EOE M/D/F/V