Senior Development Manager

OVERVIEW

Position

Senior Development Manager

Job Code

Reports to

Development Director

Direct Reports

Development Director.

Division

"The Line" Proponent Representative

Department

The LINE Proponent

Role Purpose

The Senior Development Manager is responsible for taking a leadership role and managing for the development of a mixed-use portfolio in an assigned module on the Mirror Line from inception to delivery and handover/occupation. The assets will include residential, retail, hospitality and commercial offices.

Working closely with the  Urban planning designers Neom Sectors Core Realestate teams and finance, Neom Sectors and Core Real Estate teams to implement the project in accordance with the project vision, the development program and the business case for "The Line".

The Senior Development Manager shall assist in the management of the development of strategies and development programs optimise the commercial and financial returns for all asset classes. This will include market assessment, value creation strategies, phasing, marketing strategies and investor attraction.

The Senior Development Manager shall also collaborate with colleagues across the Proponent, Sector and Department teams to enhance culture of development excellence and elevate the quality of built assets, to deliver the NEOM vision on time, on budget and to the highest international standards.

KEY ACCOUNTABILITIES & ACTIVITIES

Key Responsibilities

• Report to the Development Director, manage co-ordinate and direct specific aspects of asset development on The LINE.
• Work as part of a team to coordinate and oversee Real Estate development, planning, and finance, including any proposed Public/Private Partnerships (PPP's) for regions on The Line.
• Work closely with the Development Director / Proponent team to implement visions, concept strategies, development programs and business cases  and recommend endorsement of all stages of project proposal before proceeding to master planning phases.
• .
• Assist in / work on Identifying and define strategy for delivery of the phasing and the development strategy, in coordination with all required NEOM Sectors and Departments.
• Work closely with the proponent team to ensure that the project  is executed in accordance with the vision and business cases and delivered to the best interests, and financial benefit, of NEOM
• Manage stakeholder relationships at all levels, particularly any joint venture stakeholders.
• Identify regulatory requirements and ensure corporate governance required to operate in the identified framework.
• Be an integral part of the team overseeing, leading and mentoring, direct and outsourced completion of all aspects of the development process including legal framework, contract negotiations, procurement, consultant/contractor appointment and project execution.
• Ensure all technical procedures adapted meet with approved NEOM corporate operational objectives and Plans of Works.
• Assist in overseeing direct reports to actively implement risk mitigation measures to ensure business cases are secured to meet profit and turnover targets.
• Manage specific elements of TheLINE  Development from feasibility, program, design, technical, quality and leasing specifications of projects are achieved through to completion and handover.
• Contribute to  regular reports  with regard to Business Plans, including project status, risk and approved feasibility hurdle rates to the Development Director and Executive Director.
• Coordinate with all development disciplines, with the objective of harmonizing the diversified functions to deliver completed projects in accordance with approved business case objectives.
• Work with the proponent team to prepare RFP and other procurement plans for the delivery of the assets, as required.
• Assist in managing interfaces between various NEOM entities to ensure strict adherence to the agreed delivery schedules and develop contingency recovery schedule, as and when required.

BACKGROUND, SKILLS & QUALIFICATIONS

Knowledge, Skills and Experience

• 10+ years extensive experience in the development and delivery of multi-asset and multi-disciplinary, complex developments, at least 5 of which in Development Manager’s role.
• Experience in very large developments, preferably over $1.0 billion end value or 500,000sqm floor area
• Extensive experience in high density, high-rise mixed-use urban developments 
• Good knowledge of, and conversant with, development of concept strategies, development programs and business cases for regional and urban developments.
• Proven track record in relevant real estate development, technical competence across all property development disciplines and P&L accountability.