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Telus

Real Estate Development Manager

Location
Vancouver, BC
Details
Full Time
6 days ago

Join our team

TELUS is continuing its growth through the strategic development of real estate assets throughout Canada. We take great pride in building, owning and operating best in class, award winning buildings.

The Real Estate team manages the strategic real estate requirements for a national portfolio of significant buildings found across the country. This team has boundless energy, creativity, internal customer focus and business smarts.

Here's the impact you'll make and what we'll accomplish together

Reporting to the Director of Real Estate Development, the Real Estate Development Manager will be responsible for coordinating key aspects of the development process having a primary focus on multi-year redevelopments throughout BC and AB.

The Real Estate Development Manager has the ultimate responsibility for representing the company and guiding the development project from conception through completion, ensuring that each development represents the company's interests and meets or exceeds the financial goals of the project.

As a vital team member and partner to the Corporate Real Estate team, you will provide critical and high level development coordination and management of the joint venture partners.

Here's how
    Financial Management:
      •Working with a broad internal team, evaluate and establish project objectives in order to maximize the use of property and return on investment •Coordinate and arrange broad scope due-diligence and feasibility studies, as required, utilizing appropriate consultants where necessary to determine market characteristics and critical attributes of the physical site, as they relate to revenue and cost projections •Working with in-house staff, develop, evaluate and refine the project pro forma. •Facilitate, support and monitor the Leasing effort to ensure that project development and financial objectives are satisfied •Evaluate on an ongoing basis the timing of each prospective development and determine which projects should receive maximum attention, based upon the potential profitability of each project at any point in time •Oversee and monitor construction of the redevelopment including construction draw requests
    Feasibility, Planning and Design:
      •Review and analyze projects with similar characters in order to determine and improve upon key components of a successful development •Evaluate design alternatives, reviewing options with appropriate Leasing and Development staff and joint venture partner •With the joint venture partner, evaluate and identify the appropriate consultants for each project through networking and solicitations for proposals. Supervise and guide design consultants and engineers from conceptual drawings through construction documents, including consulting contract negotiations •Oversee the the joint venture partner's efforts related to the process of determining required entitlements and obtaining all related approvals •Develop relationships with key political figures, including City Council, Design Review Board, Planning Commission, etc. Serve on committees or regularly attend all committee meetings for groups having jurisdiction or influence on the project •Make presentations to Design Review Boards, Planning Commissions, City Councils and community groups and represent the company and development in a professional and engaging manner •Facilitate evaluation of the project design by in-house Management, Operations and Security staff in order to ensure that the interests of each group are satisfied, progressing through the development process as key milestones (entitlements, pre-leasing, financing, etc.) are achieved and approval is obtained to proceed •Establish, monitor and drive the project schedule in order to meet specified goals
    Technical:
      •Interface with in-house team members from concept studies through bid documents, performing ongoing cost analyses in order to accurately determine the project cost and identify the most cost efficient construction means, materials and methods and the related schedule •Supervise and approve all design decisions to maximize the physical and aesthetic quality and overall effectiveness of the project, while minimizing cost •Facilitate and monitor tenant design and construction effort to ensure that the project development and design objectives are satisfied •Maintain and enhance professional skills, abilities and relationships in the multi-family, office, and shopping center industries
    Supervisory & Partnership Management:
      •Manage multiple consultants and internal cross-functional teams •Develop and manage the relationship with the joint venture partner to ensure that the company's objectives are always paramount while ensuring a productive relationship with the joint venture partner
    Thought Leadership:
      •Identify the impact of external situations (i.e. moves from the competition, industry trends, etc.) before the impact occurs and make recommendations on how to respond •Use seasoned judgment, critically evaluate the costs, risks, and benefits of alternatives to resolve problems and make decisions •Make timely, fact-based decisions that balance analysis with decisiveness •Take into account all relevant issues and stakeholders when making decisions •Drive execution & continuous Improvement •Remove obstacles and redirect efforts in order to move work forward •Ensure a level of trust, respect, and strong relationship-focus with government officials, citizen groups, the joint venture partner and internal team members
    Results Leadership:
      •Build organizational relationships •Facilitate positive resolution of difficult or heated circumstances to enhance relationships and promote teamwork •Lead Boldly - Entrepreneurial Leadership •Convey a strong sense of urgency through driving issues to closure in positive, inspiring ways; create a "pull", rather than a "push" •Champion cross-functional capability- Actively build collaborative partnerships with others across functions, cultures, and organization boundaries including with the joint venture partner •Deliver financial results •Take personal responsibility for agreed upon results


Qualifications:


You're the missing piece of the puzzle
    •10-15 years of experience in development of significant real estate projects with preference for experience in mixed-use, multi-family and retail projects;
    •Must understand principles of real estate development, design, finance, and construction;
    •Sound understanding of the Canadian real estate and development industry is required for this role;
    •Excellent negotiation and organizational skills;
    •Experience in working with experienced joint-venture partners and understanding the importance of balance company and partner objectives;
    •Must possess the ability to influence and create alignment across multiple functional areas and partnerships with sometimes conflicting needs;
    •Must be able to work independently with limited direction and have flexibility to react quickly in a dynamic business environment;
    •Strong organizational and leadership skills.
    •Bachelor's Degree with an emphasis on finance, engineering, design, planning, or law. Graduate degree preferred;

Great-to-have
    •Real Estate, law, planning, architecture or engineering certifications or licenses are helpful, but not required.

A bit about us

Our business is connecting Canadians. Our social impact is using our world-leading technology to create meaningful change, give back to help communities thrive, and help those who need it most. When you join our team, you're helping us make the future friendly. We're committed to diversity and equitable access to employment opportunities based on ability -your unique contributions and talents will be valued and respected here.
Category
Management and Executive