Development Manager

About the role

Legacy Commercial Property is a rapidly growing, full-service commercial real estate company specializing in leasing, acquisitions, development, construction and property management of retail centers. The Company portfolio consists of 700+ retail properties and over 6M square feet spread across 23+ states. The national footprint allows retail tenant partners and Highland Venture brands to leverage multiple properties to fulfill their expansion needs and the Legacy development team assists partners in locating and developing new sites. Legacy is focused on growing its commercial real estate portfolio through the strategic acquisition and new development of standalone and multi-tenant value-add retail properties. Legacy Commercial Property is headquartered in Brentwood, Tennessee and is part of Highland Ventures, a family-owned management company focused on strategically developing and operating businesses centered around the Company’s real estate portfolio.

Responsibilities

• Evaluate potential sites including but not limited to evaluating traffic counts, demographics, competition, visibility, and ingress/egress.
• Run preliminary proformas to determine whether a deal pencils before significant capital is committed.
• Direct the full development lifecycle for retail and commercial projects from initial concept through pre-construction completion.
• Lead comprehensive due diligence efforts including zoning and entitlement analysis, physical site investigations, utility assessments, overall feasibility assessments, and lender requirements.
• Work with CFO on due diligence and reporting.
• Manage vendor scopes of work, contracts, schedules, and deliverables to ensure quality and meet timeline expectations.
• Serve as the primary point of contact for external general contractors, architects, civil engineers, MEP consultants, and other vendors across an active project portfolio.
• Work with Highland Ventures finance staff to review numbers, timelines, and prepare budgets, schedules and lender specific document requests and deadlines.
• Prepare project underwriting models.
• Oversee the design team and ensure the design satisfies both tenant and municipal code (when applicable).
• Solicit, evaluate, and onboard new vendors as needed; maintain and strengthen Legacy’s vendor network.
• Work collaboratively with the Director of Construction and Design to ensure the projects are on track and invoices are reviewed.
• Monitor project costs, contingencies, and cash flow throughout the pre-construction and development cycle.
• Manage draw process with lenders.

Qualifications

• Bachelor’s degree in a related field such as Real Estate, Finance, Architecture, Engineering, Construction Management, or Civil Engineering (Master’s degree a plus)
• 5+ years of experience in a construction management and/or a developer role; commercial or retail experience, strongly preferred.
• Demonstrated ability to manage multiple external vendors and project stakeholders simultaneously.
• Experience producing and reviewing and redlining legal documents.
• Strong understanding of model building codes and permitting processes.
• Excellent written and verbal communication skills; comfortable presenting to clients and leading coordination calls.
• Highly organized with strong project management instincts; experience with project tracking tools is a plus.
• Ability and willingness to travel to sites across Legacy’s multi-state portfolio as needed.