Job Information
Rock Family of Companies Senior Development Manager - Hospitality in Detroit, Michigan
The Rock Family of Companies is made up of nearly 100 separate businesses spanning fintech, sports, entertainment, real estate, startups and more. We’re united by our culture – a drive to find a better way that fuels our commitment to our clients, our community and our team members. We believe in and build inclusive workplaces, where every voice is heard and diverse perspectives are welcomed. Working for a company in the Family is about more than just a job – it’s about having the opportunity to become the best version of yourself.
ABOUT BEDROCK
Bedrock is a full-service real estate firm specializing in innovative city building strategies. Since its founding in 2011, Bedrock and its affiliates have invested and committed more than $7.5 billion to acquire, develop and operate more than 140 properties in Detroit and Cleveland with landmark developments at the Hudson’s Site (https://www.hudsonssitedetroit.com/) , Book Tower (https://www.booktowerdetroit.com/) , City Modern (https://www.citymoderndetroit.com/) , Tower City Center (https://www.towercitycenter.com/) and the May Company Building (https://www.themaycleveland.com/) .
Bedrock’s projects include new construction, adaptive reuse and a portfolio totaling more than 21 million square feet of office, retail, residential, industrial, hospitality and parking.
For additional information about Bedrock, please visit bedrockdetroit.com , our bedrockdetroit.com/careers/ , and engage with us on Facebook (https://www.facebook.com/BedrockDetroit/) , Instagram (https://www.instagram.com/bedrockdetroit/) , Twitter (https://twitter.com/BedrockDetroit) and LinkedIn (https://www.linkedin.com/company/bedrock-real-estate-services/) .
JOB SUMMARY
Our Senior Development Manager – Hospitality reports directly into our Vice President of Hospitality and manages Bedrock real estate hospitality development projects (or those that may be mixed use in nature and include a hospitality component) from initial conception to opening. The Development Manager – Hospitality serves in the owner’s representative role and manages the strategic direction of hospitality development projects to meet the company’s goals. The Senior Development Manager – Hospitality partners with Bedrock’s construction, finance, architecture, and other teams as well as outside consultants to plan, program, design, and deliver to deliver development projects. The successful candidate will be responsible for the following:
RESPONSIBLITIES
Manage multiple hospitality development projects including ground-up and adaptive reuse construction (some of which may be a hospitality use within a larger mixed-use project).
Establish the strategic direction for each project in terms of program, phasing, and level of investment to ensure alignment with company goals and marketability.
Provide guidance to interdisciplinary Bedrock teams on all aspects of a development in terms of schedule, budget, design, construction, marketing and branding, and leasing. Review architectural, engineering, marketing, and financial deliverables to ensure quality, consistency, and impact.
Identify and evaluate potential solutions to complex real estate development issues (public land use policy, transportation planning, utilities and infrastructure, impact identification and mitigation, etc.)
Review and monitor project-related budgets, proformas, documentation outlining staffing requirements including engagement of consultants and contractors.
Build and maintain relationships with external resources such as general contractors, subcontractors, surveyors, traffic engineers, land use advisors, legal advisors, and other consultants, coordinating communications throughout the project
Work closely with internal teams to provide financial reviews, updates, and forecasts for the various project(s).
Analyze potential projects from the perspectives of mission-fit, financial feasibility and risk.
Prepare presentations, reports, and analyses at various stages in the development process to drive decisions.
Track real estate trends and implement innovative development practices and disseminate information to teams as appropriate
Regularly update progress on developments to Bedrock executives.
Other duties as assigned.
QUALIFICATIONS
Bachelor’s Degree or the equivalent in education, training, and experience. Coursework in real estate, business administration, urban planning, economics, construction management, or architecture and/or an advanced degree in area of expertise is preferred.
Minimum of 7 years of experience in real estate development with a preference for experience with mixed-use development in an urban area.
Strong writing, presentation, and general communication skills.
Ability to review and comment on architectural drawings, engineering reports and drawings, pro formas, and legal documents.
Relates well to others, builds rapport, and effective relationships, uses tact, can diffuse high-tension situations. Can also be tough minded in a constructive way.
Decisive yet flexible; disciplined and focused on business fundamentals.
DISCLAIMER
This is an outline of the primary responsibilities of this position. As with everything in life, things change. The tasks and responsibilities can be changed, added to, removed, amended, deleted, and modified at any time by the leadership group.
We are proud equal opportunity employers and committed to providing an inclusive environment based on mutual respect for all candidates and team members. Employment decisions, including hiring decisions, are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law. We also provide reasonable accommodations to qualified individuals with disabilities in accordance with state and federal law.
The Company is an Equal Employment Opportunity employer, and does not discriminate in any hiring or employment practices. The Company provides reasonable accommodations to qualified individuals with disabilities in accordance with state and federal law. Applicants requiring reasonable accommodation in completing the application and/or participating in the employment application process should notify a representative of the Human Resources Team, The Pulse, at Careers@myrocketcareer.com.
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