Boston Properties Senior Project Manager in Boston, Massachusetts
Primary Purpose of Position:
- Coordinate and supervise the management of various major elements of assigned commercial real estate development projects.
Direct and coordinate the development process from project inception through completion, and subsequent turnover to Property Management.
Coordinate the work of the BXP internal team (Leasing, Legal, Construction, Finance, Accounting and Property Management) both within BXP and with outside consultants.
Create and maintain budgets and economic models for proposed acquisitions and development projects.
Coordinate the due diligence process and evaluation of proposed developments and make recommendations therefore.
Create and maintain the project budget, insuring that the budget is achieved.
Coordinate the permitting/entitlement process, including making presentations to and representing BXP at appropriate public boards and hearings.
Coordinate the work of the tenant design team.
Oversee tenant construction process and insure timely compliance by tenants and BXP of all lease and work letter construction-related obligations.
Schedule, organize and preside over internal project staff meetings and meetings with tenant construction teams.
Coordinate the preparation of design and construction schedules.
Coordinate project design with contractor pre-construction services.
Review and approve all project invoices, including design services and construction requisitions.
Oversee design and construction progress meetings.
Manage the preparation, negotiation and execution of all project legal documents and contracts.
Assist in the preparation of marketing materials, including floor plans, building specifications, operating expenses summaries and renderings
Oversee and participate in the leasing of projects, including participation in tenant showings, proposal preparation, consummation of a business agreement, the negotiation of tenant leases, and the development of tenant work letters.
Provide support in the solicitation, negotiation and documentation of project construction financing
Prepare budgets, review monthly requisitions and other financial requirements of construction and other lenders.
Provide timely and accurate project financial information to the Capital Markets group for capital budgeting and earnings projections.
Produce and maintain the various project information and reporting requirements of the Development Status Database, including the Status Report, PCR budgets, and Capital requirements. Present the likely project outcomes to Senior Management.
Participate in recruitment, interviewing, and evaluation of other development department staff including Summer Interns.
Provide assignments, supervision, guidance, and evaluation of other development department staff.
Prepare periodic case studies to inform/discuss various “lessons learned” with internal departments.
Assist Property Management with development issues/projects at existing assets on an as-needed basis.
Participate in real estate industry groups.
Perform other duties as assigned.
Requirements and Qualifications:
A BA/BS degree required with a concentration in engineering, architecture, or environmental science program related to real estate preferred.
Masters in Business Administration or Masters in a real estate related discipline required.
A minimum of 5-7 years of experience in project management and real estate development including 2 years of experience in developing large, complex, mixed-use urban projects, and structuring and negotiating project legal agreements for commercial real estate transactions.
Experience must include demonstrable knowledge of real estate valuation techniques, project finance, development project cashflow modeling, public approvals and permitting/entitlement process.
Strong analytical and problem-solving skills.
Excellent verbal and written communications skills.
Ability to handle multiple tasks simultaneously while under pressure.
Ability to interact with co-workers, contractors, tenants, and/or vendors in an articulate, courteous, and business-like manner at all times.
Ability to produce quality work in consistent manner.
Ability to manage complex, multifaceted projects and teams.
Strong negotiation and conflict-resolution skills.
Ability to produce quantity of work necessary to complete assigned tasks in a timely manner.
Self-motivated with the ability to work independently or to work as part of a team.
Adaptability to changing demands.
Proficiency in Excel, Microsoft Word and Lotus Notes.
Involves work of a general office nature usually performed sitting such as operation of a computer.
Involves work of a general office nature usually performed standing such as operation of a fax and printer.
Involves work such as tours throughout property portfolio, including to construction sites, usually performed by walking, climbing stairs, and riding construction hoists, often at extreme heights.
Involves movement between departments to facilitate work.
Involves lifting plans or boxes of 25 pounds or more occasionally.
Internal and External Contacts:
- Communication required internally throughout the organization. External contacts include but are not limited to public officials, tenants, consultants, brokers, vendors, and contractors.
- This position reports to a Senior Vice President or Vice President, Development who provides assignments, supervision, and guidance, and who will coordinate, evaluate and monitor work performance on a periodic basis.
BXP is an Equal Opportunity Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, gender, gender identity or expression, sexual orientation, religion, age, national origin, disability, marital status, protected veteran status, genetic information or any other legally protected characteristic.
Boston Properties is an Affirmative Action and Equal Opportunity Employer. We are committed to fair and impartial treatment in all of our relations with employees, as well as applicants for employment, to recruit, upgrade, train, and promote in all job titles without regard to race, color, gender, gender identity or expression, sexual orientation, religion, age, national origin, disability, marital status, protected veteran status, genetic information or any other legally protected characteristic.
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