Director - Development

Job Purpose

Oversee the development of feasibility studies on land, residential, retail and mixed-use assets. Oversee the Operations and Commercial issues for own ongoing development portfolio.

Roles & Responsibilities

1. Oversee all business development activities:
   1. Develop DM portfolio strategy (including sub-segment mix) in conjunction with Partnerships & Investments.
   2. Support in sourcing new investment with third parties (e.g., JVs, project finance, etc.) in conjunction with Partnerships & Investments.
   3. Liaise, regularly, with the different functions to gather data on potential new development opportunities.
2. Supervise and manage the development and prioritization of pipeline of potential new developments on land bank to recommend feasibility studies on specific projects for own development:
   1. Identify long-list of potential opportunities.
   2. Develop framework for preliminary prioritization / screening.
3. Oversee the development of feasibility study for residential, retail and mixed-use assets:
   1. Recommend project cost in coordination with Project Management.
   2. Recommend and challenge financial model & feasibility studies developed by direct reports.
   3. Liaise with Partnerships & Investments and other relevant functions on feasibility study.
   4. Take the final decision on critical tradeoffs with the project management:
      1. Develop design brief and share with project management.
      2. Decide on detailed designs developed by architects, ensure alignment with concept design.
      3. Decide on detailed project costs based on Procurement and Project Management input.
      4. Decide on approved list of contractors/consultants based on Procurement’s recommendation.
      5. Decide on project schedule, anticipate and resolve possible roadblocks to completion of projects.