Job Description

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Purpose:

The Development Coordinator assists in all aspects of high-rise and low-rise residential and mixed-use development projects, including acquisitions, visioning, planning approvals, detailed design and construction of low-rise subdivisions, and overall budgeting, scheduling, and financial reporting.

Key Responsibilities and Accountabilities:

• Prepares advanced pro-forma models and other quantitative analytical support to aid management in evaluating various development decisions;
• Assists with acquisitions, including initial site identification and analysis, preparation of offers, and subsequent due diligence.
• Creates and updates the financial pro-forma and other models to evaluate options pertaining to home pricing, product mix, concept plan, etc., to help inform both project visioning as well as subsequent development applications, sales launch, construction start, and other relevant recommendations;
• Review and summarize various technical documents-planning, engineering, legal, financial, etc.-to evaluate concerns and opportunities, and assisting in their preparation and revision.
• Assists with, and then reviews and incorporates, qualitative and quantitative market research and analysis to understand potential homebuyer segments and competing products so as to inform product offering, pricing and demand;
• Reviews site and building drawings and statistics to validate pro-forma analysis-including measuring and re-measuring plans as well as making modest design changes thereto-as well as provide constructive site plan and product design input into program-related decisions;
• Assists with all aspects development applications-Outline Plan / Land Use Amendment, Plan of Subdivision, engineering, and Condominium applications-including initial due diligence, preparation of initial submissions, revisions to comments, finalizing any relevant agreements, clearing conditions, and registering plans.
• Effectively liaises with consultants, municipal staff, and other external actors/stakeholders to obtain information as well as to meet or exceed schedule expectations for development applications.
• Coordinates detailed engineering design and assists with the tender, evaluation, award and administration of earthworks and site servicing contracts for low-rise developments.
• Interacts with various internal departments and divisions to ensure financial and non-financial inputs and assumptions are current and accurate;
• Assists Sales & Marketing and Construction, respectively, in the lead up to sales launches as well as construction starts.
• Reviews, tracks and provides updates on overall project budgets and schedules-including cash flow forecasts, variance analysis, partner reporting packages, etc.-and assists with loan draws and other elements of construction financing.
• Succinctly and accurately prepares agendas and minutes for internal and consultant meetings to track project progress as well as on-going responsibilities and deadlines.
• Prepares financial and non-financial reports and presentations for the team and/or internal stakeholders
• Researches specific political, regulatory and market trends to keep the business informed of potential changes within the development industry.
• Works with the Development team and assists with general administration as required; and
• Other duties within the scope, spirit and purpose of the job, as requested by management.

Technical Competencies:

Education: A university degree in a related field is required: engineering, planning, architecture, etc. OR business/finance with a real estate emphasis

Experience: A minimum six months of relevant work experience within the residential real estate development industry, including co-op and/or other internships

Specialized Skills, Knowledge and Abilities:

• A high level of skill working within Microsoft Office, including extensive Excel modeling experience
• Demonstrated ability or aptitude in financial and other quantitative analysis, particularly financial modeling
• Demonstrated ability or aptitude analyzing complex contracts and other legal and regulatory documents, such as official plans and zoning bylaws
• Demonstrated ability or aptitude analyzing site, building, and suite plans as well as other technical drawings (AutoCAD experience is a plus)
• Initiative and creativity
• Proven analytical and research skills
• Business and financial acumen
• Well-developed communication skills: listening, verbal, written, and graphic
• Clear, concise, and cogent writing as well as compelling PowerPoint presentations are particularly valued
• Team collaboration and interpersonal skills
• Demonstrated thoroughness and attention to detail, while also possessing a high-level strategic perspective
• Ability to work on multiple projects, prioritizing and meeting tight deadlines

Minto