Company Info:[
The VP of Construction & Development will primarily serve the following functions:
Major responsibilities of the VP of Construction & Development:
To be considered for this position you will possess the following skills, attributes, and abilities:
Bridge Investment Group is a leading privately-held real estate investment and property management firm that manages more than $20 billion AUM. Bridge combines its 3,500+ person, nationwide “boots-on-the-ground” operating platform with specialized teams of investment professionals focused on five US real estate verticals: multifamily, office, senior housing, opportunity zone investments and CRE-backed fixed income.
Our principles have been investing in and strengthening communities within the US since 1991. We manage 13 private equity funds as well as separately-managed vehicles, co-investments, and joint ventures. Bridge has been recognized for the past three years as one of the “Top 50 Global Private Equity Real Estate Managers” by PEI, a leading industry publication.
]Position Info:[
The Vice President of Construction & Development will be responsible for the overall ground-up development and construction of projects assigned. The successful candidate must possess the knowledge, experience and confidence to engage and professionally interact with design professionals, construction teams, third party development partners and cities agencies and municipalities having approval jurisdiction over the project. The candidate will successfully direct design teams and construction teams (typically general contractors) throughout the design and construction process. Additionally, the Construction Manager will coordinate efforts between the design team and the construction team-in line with construction and contract documents-in order to complete ground-up projects on schedule and within budget.
The VP of Construction & Development will primarily serve the following functions:
- Lead, manage and monitor third party general contractors in the construction and successful completion of multifamily and mixed use projects (40%)
- Lead, manage and monitor design teams on ground-up development and construction of multifamily and mixed-use project (25%)
- Work with cities and municipalities in obtaining design and construction approvals for ground-up development and construction projects (25%)
- Work with development team and acquisitions team in procuring construction cost information and requirements, jurisdictional requirements and costs that help in the development of development budgets (10%)
- Work with third party sponsors in monitoring and enforcement of design, schedules and standards on ground up development projects
Major responsibilities of the VP of Construction & Development:
- Preparation of the project schedule and the general cost summary
- Review the project plans and specifications and comment on the building design/concept, scheduling, possible cost savings measures and potential construction problems
- Effectively communicate with design team/clients as well as effectively lead the construction teams.
- Expedite any plans, shop drawings and approvals
- Monitor and maintain the project construction schedule on a weekly basis
- Raise and discuss relevant issues at the job site meeting; Assign and monitor preparation of issues, minutes and action items for project meetings
- Inform the construction director of any errors, discrepancies or omissions contained within the contractors pricing as well as designer’s drawings as they arise
- Manage and expedite all change order costs; Maintain current CO logs and keep team informed of cost updates
- Monitor invoicing including final retainage
- Maintain and enforce good construction standards and quality control
- Ensure all required municipal inspections are performed by 3rd party general contractors
- Manage and expedite project deficiency lists (punch-lists); Enforce resolution of checklist items with general contractor
- Coordinate activities by scheduling milestone work assignments, setting priorities, and directing the work of design teams and construction teams
- Maintain records, prepare reports, and compose correspondence relative to work
- Meet with architects and contractors to assess quality, progress, and overall performance
- Direct analysis of proposed building materials and methods of construction for acceptability based on suitability, durability, and cost of maintenance for various types of development
- Input project status and scheduling information into project report database
- Develop and maintain comparable cost data of construction in various locations
- Review periodic progress reports on facilities under construction
- Adapt regional construction codes and regulations to request variances on projects
- May occasionally perform any task assigned to subordinate staff
]Qualifications:
To be considered for this position you will possess the following skills, attributes, and abilities:
- 5-10 years’ experience as a Construction Manager, preferably with multi-family
- Must understand construction terms, scheduling and planning concepts, and development concepts
- Thorough knowledge of the standards, codes, building construction processes, procedures and regulations pertaining to the construction and maintenance of structures and facilities
- Thorough knowledge of construction specifications, contract documents and the bid process
- Some knowledge of standards of a finished product in building construction, alteration, and repair and knowledge of building trades
- Ability to instruct, direct, and evaluate contractors
- Ability to organize and set priorities for work assignments, to assign and explain them to project team members
- Ability to make cost studies and estimates
- Ability to maintain records, prepare reports, and compose correspondence related to the work
- Proficient in Microsoft Word, and Excel
- Excellent organizational, presentation, and interpersonal skills
- Ability to deal with conflict
- Relentless pursuit of goals for each project, and ability to enforce schedules and deadlines with design, construction teams, and third-party development partners
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