Land Development Manager

Rolwes Company•Ballwin, MO

4d•$95,000 - $115,000•Onsite

About The Position

The Land Development Manager is a Leadership Team member responsible for continuously monitoring, searching for, and identifying new land opportunities beneficial to the Company. This role oversees the acquisition, due diligence, development, and escrows for properties. The Land Development Manager also reviews the entitlement/approval process to determine the most marketable and best use of land for each property.

Requirements

Leadership Team member
Monitor, search for and identify new land opportunities
Oversee acquisition, due diligence, development, and escrows
Review entitlement/approval process
Understand local ordinances, general plans, and urban growth
Knowledge of competitive marketplace
Maintain relationships with key land sources
Negotiate and execute LOIs
Assist with writing, negotiating, and executing PSAs
Conduct due diligence reviews
Prepare proforma financial models
Gather entitlement schedules and information
Understand jurisdiction politics
Manage legal and political entitlement project constraints
Meet with agency staff, planning commissioners, and/or council members
Make formal presentations to public decision-making bodies
Assist with set-up and management of Homeowner’s Associations
Coordinate and oversee completion of punch list items for escrow release
Manage expenditures and invoicing
Prepare budget change orders
Develop and evaluate lot premium pricing

Responsibilities

Continuously research land that is desirable, newly listed, in the zoning process or that has been improved, to identify attractive properties for purchase.
Acquire an understanding of local ordinances, general plans, and urban growth in assigned communities.
Maintain a detailed knowledge of the competitive marketplace.
Maintain relationships and regular contact and open lines of communication with key land sources (e.g., developers, realtors, land planners, landowners, municipalities, title companies, etc.).
Present land opportunities to the Vice President or President for approval prior to initiating Purchase and Sale Agreements (PSA).
Negotiate and execute Letter of Intents (LOI) to acquire properties from sellers.
Assist the Vice President or President in writing, negotiating, and executing PSAs with sellers along with any amendments as determined by the final review.
Assist with conducting due diligence reviews per the due diligence checklist and final project reviews prior to expiration of the feasibility period.
Gather project estimates, fees, expenses and prepare proforma financial models of potential revenues and costs for review by the Vice President or President. Gather civil engineers’ cost estimates and review them for accuracy.
Gather entitlement (approval) schedules and all information necessary to ensure project successfully meets jurisdiction requirements for project approval, and review with Vice President or President.
Maintain a thorough understanding of the politics of jurisdictions in which the company is planning to develop, proactively identify and manage legal and political entitlement project constraints.
Meet with agency staff, planning commissioners, and/or council members to win project support, to negotiate the most advantageous plans and conditions for approval.
Make formal presentations to public decision-making bodies, if necessary.
Assist with the set-up and management of Homeowner’s Associations.
Coordinate and oversee the completion of punch list items necessary for escrow release and obtain all releases.
Manage expenditures and invoicing to stay within established project budgets.
Prepare budget change orders as needed.
Develop and evaluate lot premium pricing with assistance from the Vice President or President.