Senior Director of Development - South Florida
Macdonald & Company, West Palm Beach, FL, United States
Macdonald & Company are proud to partner with a well-capitalized, vertically integrated real estate investment and development firm focused on the multifamily sector across high-growth Sunbelt markets. The firm has built a strong track record delivering institutional-quality communities and continues to expand its development pipeline throughout Florida.
As part of this continued growth, the firm is seeking a Senior Director of Development to lead multifamily development initiatives across South Florida, based in West Palm Beach. This individual will report directly to the Chief Development Officer and will be responsible for overseeing the full lifecycle of multifamily development projects, from site identification and underwriting through entitlements, construction, and stabilization.
The role requires a highly experienced development professional with deep knowledge of the South Florida market, strong municipal relationships, and the ability to drive complex projects forward in a competitive environment.
Key Responsibilities Development & Acquisitions
Identify and evaluate multifamily development opportunities throughout South Florida through market research, demographic analysis, and established industry relationships.
Lead feasibility and underwriting efforts in partnership with construction and operations teams, incorporating market data, rental comparables, construction cost estimates, local permit and impact fees, and supply/demand dynamics.
Oversee the full lifecycle of development projects including site evaluation, planning, design, entitlements, construction, and lease-up.
Prepare investment materials and presentations for the firm’s internal Investment Committee, as well as external equity partners and lenders.
Maintain and update development pro formas, including monthly updates to project assumptions, strategy, and forecasted vs. actual costs.
Manage project budgets, track development timelines, and provide regular reporting to senior leadership.
Lead the selection and coordination of architects, engineers, designers, and other consultants to ensure project objectives are delivered efficiently and cost-effectively.
Manage the design process across all phases, including schematic design, design development, and construction documentation.
Review architectural, civil, and interior design plans to ensure quality, functionality, and alignment with project budgets.
Lead value-engineering initiatives and ensure design decisions support both project quality and financial performance.
Oversee RFP processes, consultant scopes of work, contract negotiations, and execution of consultant agreements.
Construction Oversight
Work closely with internal construction leadership and general contractors to monitor project execution and resolve issues during the construction process.
Conduct regular site visits and participate in Owner-Architect-Contractor (OAC) meetings to track progress and manage project timelines.
Review change orders, clarifications, and construction updates to maintain cost control and schedule adherence.
Collaborate with asset management and property management teams to ensure a smooth transition from construction completion through lease-up and stabilization.
Qualifications
Extensive experience leading multifamily development projects within South Florida.
Demonstrated ability to manage projects through the entire development lifecycle including entitlements, design, construction, and stabilization.
Strong relationships with local municipalities, consultants, contractors, and development stakeholders throughout the South Florida market.
Proven experience preparing and managing development pro formas and project budgets.
Ability to lead cross-functional teams and manage multiple complex development projects simultaneously.
Excellent communication and presentation skills with experience presenting projects to investment committees, lenders, and equity partners.
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As part of this continued growth, the firm is seeking a Senior Director of Development to lead multifamily development initiatives across South Florida, based in West Palm Beach. This individual will report directly to the Chief Development Officer and will be responsible for overseeing the full lifecycle of multifamily development projects, from site identification and underwriting through entitlements, construction, and stabilization.
The role requires a highly experienced development professional with deep knowledge of the South Florida market, strong municipal relationships, and the ability to drive complex projects forward in a competitive environment.
Key Responsibilities Development & Acquisitions
Identify and evaluate multifamily development opportunities throughout South Florida through market research, demographic analysis, and established industry relationships.
Lead feasibility and underwriting efforts in partnership with construction and operations teams, incorporating market data, rental comparables, construction cost estimates, local permit and impact fees, and supply/demand dynamics.
Oversee the full lifecycle of development projects including site evaluation, planning, design, entitlements, construction, and lease-up.
Prepare investment materials and presentations for the firm’s internal Investment Committee, as well as external equity partners and lenders.
Maintain and update development pro formas, including monthly updates to project assumptions, strategy, and forecasted vs. actual costs.
Manage project budgets, track development timelines, and provide regular reporting to senior leadership.
Lead the selection and coordination of architects, engineers, designers, and other consultants to ensure project objectives are delivered efficiently and cost-effectively.
Manage the design process across all phases, including schematic design, design development, and construction documentation.
Review architectural, civil, and interior design plans to ensure quality, functionality, and alignment with project budgets.
Lead value-engineering initiatives and ensure design decisions support both project quality and financial performance.
Oversee RFP processes, consultant scopes of work, contract negotiations, and execution of consultant agreements.
Construction Oversight
Work closely with internal construction leadership and general contractors to monitor project execution and resolve issues during the construction process.
Conduct regular site visits and participate in Owner-Architect-Contractor (OAC) meetings to track progress and manage project timelines.
Review change orders, clarifications, and construction updates to maintain cost control and schedule adherence.
Collaborate with asset management and property management teams to ensure a smooth transition from construction completion through lease-up and stabilization.
Qualifications
Extensive experience leading multifamily development projects within South Florida.
Demonstrated ability to manage projects through the entire development lifecycle including entitlements, design, construction, and stabilization.
Strong relationships with local municipalities, consultants, contractors, and development stakeholders throughout the South Florida market.
Proven experience preparing and managing development pro formas and project budgets.
Ability to lead cross-functional teams and manage multiple complex development projects simultaneously.
Excellent communication and presentation skills with experience presenting projects to investment committees, lenders, and equity partners.
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