Tishman Speyer
Senior Director, Development – Multi-Family
Tishman Speyer, Chicago, Illinois, United States, 60290
Overview
Senior Director, Development – Multi-Family
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Tishman Speyer . Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities. As a diversified developer, operator, and investment manager of top-tier real estate in 33 markets across the globe, our business choices are driven by the belief that real estate should unlock human potential. Our diversified portfolio spans market-rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create life science centers through Breakthrough Properties, and foster innovation through strategic proptech investments. By combining global perspective with local expertise, and a personalized approach, we anticipate our customers’ evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform, and the first traditional real estate company to create its own flexible space and coworking brand, Studio. Since our founding in 1978, Tishman Speyer has acquired, developed, and operated 576 properties, totaling 233 million square feet, with a combined value of over $131 billion. Tishman Speyer currently has approximately $65 billion in assets under management, including iconic properties such as New York City's Rockefeller Center, São Paulo's Torre Norte, The Springs in Shanghai, Paris Bourse in Paris and Frankfurt’s OpernTurm and TaunusTurm. Responsibilities
Manage multiple development projects simultaneously while ensuring alignment with Tishman Speyer’s investment criteria and brand standards. Build and maintain relationships with brokers, capital partners, local municipalities, and consultants. Oversee lease-up strategy and transition to asset management. Coordinate with construction and design professionals to ensure feasibility, budget, schedule, and quality alignment. Manage design and programming with a focus on optimizing a variety of construction methods and cost-efficiency. Oversee project underwriting, due diligence, financial modeling, and investment committee presentations. Lead entitlement and zoning efforts, including coordination with legal, consultants, and local agencies. Source and evaluate new development opportunities across target U.S. markets, with an emphasis on wood-frame (Type III and V) construction. Qualifications
Thorough knowledge of entitlement processes, building codes, and municipal approval workflows specific to stick construction. Outstanding communication and leadership skills, with experience managing cross-functional teams. Excellent financial modeling, analytical, and underwriting capabilities. Strong understanding of wood-frame construction cost drivers, scheduling, and design constraints. Proven track record of entitling and delivering mid-rise wood-frame developments in urban or suburban settings. 10+ years of experience in real estate development, with direct experience in multi-family stick-built (Type III and V) residential projects. Bachelor’s degree in Real Estate, Construction Management, Architecture, or a related field; MBA or Master’s preferred. Compensation & Benefits
The base compensation range for this role is $200,000 to $250,000. This role is also eligible for a discretionary annual bonus, as well as access to our comprehensive medical, dental, and vision insurance, life and disability insurance, 401(k) plan (with matching contributions), wellness benefits and all other benefits afforded to full-time Tishman Speyer employees. This base range reflects a number of factors including, but not limited to, relevant experience, skill sets, and/or licensure required of an individual in this particular role. The base range is also specific to members of Tishman Speyer’s New York team, as we’ve considered factors specific to this geography. Equal Opportunity
Tishman Speyer is deeply committed to creating and maintaining a diverse workforce which promotes different views and perspectives. We expect our leaders and employees alike to champion diversity and inclusion practices. Tishman Speyer has several employee affinity and interest groups that provide employees opportunities to develop professional relationships across the business and identify opportunities for development and advancement. We are proud to be an Equal Opportunity Employer and treat all applicants for employment equally based upon job-related qualifications and without regards to race, color, age, sex, sexual orientation, gender identity, gender expression, marital status, military or veteran status, national origin, disability, religion, or any other characteristics protected by law.
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Senior Director, Development – Multi-Family
— Join to apply for the Senior Director, Development – Multi-Family role at
Tishman Speyer . Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities. As a diversified developer, operator, and investment manager of top-tier real estate in 33 markets across the globe, our business choices are driven by the belief that real estate should unlock human potential. Our diversified portfolio spans market-rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create life science centers through Breakthrough Properties, and foster innovation through strategic proptech investments. By combining global perspective with local expertise, and a personalized approach, we anticipate our customers’ evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform, and the first traditional real estate company to create its own flexible space and coworking brand, Studio. Since our founding in 1978, Tishman Speyer has acquired, developed, and operated 576 properties, totaling 233 million square feet, with a combined value of over $131 billion. Tishman Speyer currently has approximately $65 billion in assets under management, including iconic properties such as New York City's Rockefeller Center, São Paulo's Torre Norte, The Springs in Shanghai, Paris Bourse in Paris and Frankfurt’s OpernTurm and TaunusTurm. Responsibilities
Manage multiple development projects simultaneously while ensuring alignment with Tishman Speyer’s investment criteria and brand standards. Build and maintain relationships with brokers, capital partners, local municipalities, and consultants. Oversee lease-up strategy and transition to asset management. Coordinate with construction and design professionals to ensure feasibility, budget, schedule, and quality alignment. Manage design and programming with a focus on optimizing a variety of construction methods and cost-efficiency. Oversee project underwriting, due diligence, financial modeling, and investment committee presentations. Lead entitlement and zoning efforts, including coordination with legal, consultants, and local agencies. Source and evaluate new development opportunities across target U.S. markets, with an emphasis on wood-frame (Type III and V) construction. Qualifications
Thorough knowledge of entitlement processes, building codes, and municipal approval workflows specific to stick construction. Outstanding communication and leadership skills, with experience managing cross-functional teams. Excellent financial modeling, analytical, and underwriting capabilities. Strong understanding of wood-frame construction cost drivers, scheduling, and design constraints. Proven track record of entitling and delivering mid-rise wood-frame developments in urban or suburban settings. 10+ years of experience in real estate development, with direct experience in multi-family stick-built (Type III and V) residential projects. Bachelor’s degree in Real Estate, Construction Management, Architecture, or a related field; MBA or Master’s preferred. Compensation & Benefits
The base compensation range for this role is $200,000 to $250,000. This role is also eligible for a discretionary annual bonus, as well as access to our comprehensive medical, dental, and vision insurance, life and disability insurance, 401(k) plan (with matching contributions), wellness benefits and all other benefits afforded to full-time Tishman Speyer employees. This base range reflects a number of factors including, but not limited to, relevant experience, skill sets, and/or licensure required of an individual in this particular role. The base range is also specific to members of Tishman Speyer’s New York team, as we’ve considered factors specific to this geography. Equal Opportunity
Tishman Speyer is deeply committed to creating and maintaining a diverse workforce which promotes different views and perspectives. We expect our leaders and employees alike to champion diversity and inclusion practices. Tishman Speyer has several employee affinity and interest groups that provide employees opportunities to develop professional relationships across the business and identify opportunities for development and advancement. We are proud to be an Equal Opportunity Employer and treat all applicants for employment equally based upon job-related qualifications and without regards to race, color, age, sex, sexual orientation, gender identity, gender expression, marital status, military or veteran status, national origin, disability, religion, or any other characteristics protected by law.
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