VP, Design & Construction Hospitality

About Waterton

Waterton has grown from very humble beginnings with one phone and two desks to the successful nationally recognized real estate investment and management firm it is today. As Waterton has evolved and grown one thing has remained constant - the drive to achieve results by exceeding 30 years Waterton remains passionate about delivering an incredible Resident Experience which we believe is made possible by offering an extraordinary experience for our talented associates. We value performance that delivers experiences that exceed expectations coupled with an unwavering commitment to Investor Guest and Resident service excellence. Overall we are a collection of people who strive daily to find the good and leave it better.

Job Summary

This position is responsible for leading and executing large capital rehabilitation projects from inception and new development and to completion across feasibility cost estimation and budgeting zoning design planning procurement and construction phases for the hospitality product within Waterton guidelines. Continue to develop programs with industrys best practices that deliver cost effective result for investors to deliver high quality projects on time and within budget.The position must be based in the Central US and requires significant travel.

Your Impact and Job Responsibilities:

• Responsible managing the evaluation and completing the due diligence for sites and hotel development opportunities by providing recommendations on site feasibility studies density entitlement environmental title utility and/or infrastructure agreement requirements all components required to deliver a successful development or large-scale capital rehabilitation project from conception through completion for multiple projects.
• Oversees the construction and development of sites projects with the construction team and manages the design and implementation of all components of the project site which may include civil and vertical construction project management.
• Lead oversee and manage all 3rd party vendors including but not limited to architects engineers design consultants and general contractors hired for ground-up development rehabilitation and construction projects.
• Prepare financial & technical data required for the investment memorandums providing insight on proposed projects including detailed pro-forma construction budgets and feasibility studies.
• Manages duties with architect engineer landscape architects interior designers property managers project managers and development associates.
• Responsible for providing necessary updates on all aspects for projects to leadership to ensure alignment to financials budgets and schedules.
• Manages the construction draw process develops monthly project reports and reviews for each construction phase.
• Manages relationships with project and construction teams (internal or 3rd party) to ensure construction projects are completed on time designed according to plan and within budgetary guidelines. This includes ensuring the team follows technical development cost and quality control procedures and that all required permits and approvals are obtained.
• Manage and navigate relationships with local project management firms construction companies and other key technical stakeholders and appropriately manages ongoing communications related to the technical side of the proposed development projects.
• Manage the third-party inspections and bond releases for projects nearing completion.
• Lead and oversee specifications contract negotiations and construction coordination internally and with vendors.
• Conduct site visits to manage development and construction progress and schedules through punch and turnover and post-delivery.
• Perform monthly review of all assets project status budgets and scheduling reports with experience in analyzing and modifying critical path schedules.
• As required - Manage and navigate Federal State and local agencies for either ground-up development or asset improvement programs including but not limited to Legal Environmental Zoning Engineering Building Departments Fire Departments etc.

What Youll Bring- Desired Skills and Experience:

• Minimum of 15 years of progressive experience in Real Estate Development and Construction project management of complex urban mid and high-rise building projects with most of the time specifically spent on hospitality construction/renovation and/or residential (apartments/condos)
• Bachelors degree in construction management engineering real estate architecture business or other relevant field.
• MP and/or LEED certification/experience a plus
• Demonstrated proficiency in entitlements architecture design scheduling budgeting cost control project supervision financial reporting contract negotiations interpersonal skills computer skills safety/insurance ability to communicate both written and oral.
• Must have the ability to travel up to 75% when business needs arise. Must have a valid drivers license and ability to rent a car.

How we will recognize and reward you:

At Waterton we recognize that compensation and benefits are important to our associates. We offer a wide variety of benefits including:

• Competitive compensation and incentive program participation
• Full suite of benefits including Medical Dental Life Disability and even pet insurance
• 401k match
• Generous paid time off volunteer time off and paid holidays
• A commitment to life-long learning through learning plans that include internal and external trainings as well as consideration for tuition reimbursement.
• Employee discounts and wellness initiatives like an onsite gym.
• Hybrid work environment (based on business or position needs)

The typical base salary hiring range for this role is $180000.00-$220000.00 per year plus bonus program participation.

The pay range is a base pay only and does not include any additional compensation or bonuses that this position may be eligible for. The pay range is approximate and the actual pay may vary depending on related work experience certifications education and other job-related factors.

Waterton welcomes all.

Waterton is an equal opportunity applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender perception or identity national origin age marital status protected veteran status or disability status.

Required Experience:

Exec