VP, Development

VP, Development

ABOUT CENTENNIAL YARDS & CIM GROUP :

Centennial Yards Company (CYC) was created by CIM Group to act as the owner and master developer of a 50-acre site in Atlanta, GA. This ambitious revitalization project is expected to transform underutilized property in the heart of Downtown Atlanta into a thriving community with leading businesses, retail establishments, a world-class entertainment district, and thousands of new apartments, designed to develop a diverse, collaborative, and pedestrian-friendly community.

CIM is a community-focused real estate and infrastructure owner, operator, lender, and developer. Our team of experts works together to identify and create value in real assets, benefiting the communities in which we invest. Our focus on enhancing communities is unwavering, and we strive to make an even greater impact in the years to come. Join us and make an impact today!

POSITION PURPOSE :

The Development VP will be responsible for day-to-day project management duties of Centennial Yards Entertainment District project or certain significant components of the District through the entire project lifecycle. Reporting to the Managing Director of Development and in conjunction with other key internal stakeholders, this position is responsible for establishing and executing the project implementation strategy within the framework of the approved business plan. Strategy implementation includes, but is not limited to, budget establishment and oversight, schedule creation and maintenance, coordination of investment proforma inputs and underwriting assumptions, entitlement and permitting efforts including interacting with government officials, technical civil and utility dealings, other design and pre-development efforts, coordination with key external stakeholders including tenants and end-users, as well as construction oversight working directly with the Construction Team. The Vice President will manage all phases of the development project from initial diligence through project completion and occupancy. Experience in direct oversight of active retail, entertainment and / or live event venue ground-up construction projects is strongly preferred.

ESSENTIAL FUNCTIONS :

• Manage all phases of development projects including creation of feasibility analyses, evaluation of multiple development schemes, revising proformas and supporting underwriting efforts with an acute understanding and ability to communicate corresponding development / construction risk, and managing the design and construction phases of assigned projects.
• Assess feasibility for potential site (both land and existing property) acquisitions including property condition, entitlement probability, financial and market analysis, initial product identification, environmental studies, engineering and land use studies, etc.
• Responsible for directing, managing and overseeing the planning and entitlement process, including representation before municipal and other regulatory boards, working with land use attorneys, land planners, architects, engineers and other consultants and local officials.
• Responsible for leading the project design process including recommending, bidding, administering and negotiating design and construction contracts, establishing scope, pricing, performance criteria, and adherence to budget and schedule.
• Responsible for preparing well-written reports and documentation packages for development / acquisition / disposition activities.
• Work directly with and support interdisciplinary teams across such internal departments as Portfolio Oversight, Investments, Property Management, Risk, Contracts and Development Accounting.
• Coordinate and oversee construction activities of projects and coordinate supporting development functions to ensure timely completion of projects within established budgets, schedules and underwriting criteria.
• Provide leadership, mentorship, professional guidance, direction and supervision to internal team members.

SUPERVISORY RESPONSIBILITIES :

EDUCATION / EXPERIENCE REQUIREMENTS :

KNOWLEDGE, SKILLS and ABILITIES :

PERFORMANCE METRICS :

WHAT CIM OFFERS :

At CIM, we believe our success stems from our collective efforts, and we are committed to providing well-rounded support and resources for our employees. In addition to a competitive compensation plan, CIM offers a comprehensive benefits program for employees to thrive both inside and outside of work. Eligible employees can enjoy a wide range of benefits, including :

A variety of Medical, dental, and vision benefit plans

Health Savings Account with a generous employer contribution

Company paid life and disability insurance

401(k) savings plan, with company match

Comprehensive paid time off, including : vacation days, 10 designated holidays, sick time, and bereavement leave

Up to 16 hours of volunteer time off

Up to 16 weeks of Paid Parental Leave

Ongoing professional development programs

Wellness program, including monthly and quarterly prizes

And more!

Actual base salary considers several factors including but not limited to geography, job-related knowledge, experience, and budget. The start of the salary range is typically associated with the minimum experience required.

HOW WE FEEL ABOUT DIVERSITY AND INCLUSION :

At CIM Group, we believe that the unique perspectives and backgrounds of our employees enhance everything we do. We are committed to fostering an inclusive environment where diversity is not only respected but celebrated. We strive to ensure that our workplace is free from discrimination and harassment, allowing everyone to contribute meaningfully and feel a sense of belonging. As an equal opportunity employer, we strictly prohibit any form of unlawful discrimination and adhere to the laws enforced by the EEOC. Our goal is to provide a safe and supportive environment where all employees can grow and make impactful contributions together.

CIM is committed to maintaining the confidentiality and privacy of your personal and financial information. Please click here for our Privacy Policy.

#LI-ML1

CIM does not accept unsolicited resumes from Agencies. Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid. If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.

PI6e216e06768d-30511-33828357