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Vice President, Real Estate Development

1 month ago

Markham, Canada Sienna Senior Living Full time

The Role Reporting to the Chief Corporate Officer and Executive Vice President, Sienna are seeking a highly engaged and strategic Vice President, Real Estate Development to lead their real estate and construction team. The incoming Vice President, real Estate Development will be a member of Sienna's Senior Leadership Team and will be a visionary with appropriate and substantive experience in real estate development and construction, ideally in the senior living, hotel or healthcare sectors. This role involves overseeing the acquisition, planning, development and execution of new senior living projects, ensuring they align with the organization's purpose and strategic objectives, participating in growth-related, due diligence activities and supporting the integrity of the existing real estate and construction portfolio. The successful candidate will have deep experience leading complex real estate and construction projects, ideally in the provinces Sienna operates (Ontario, Saskatchewan, Alberta and British Columbia). They will have experience working with Government stakeholders on the successful completion of joint funded initiatives and will be an accomplished people and team leader who enjoys leading and mentoring a team of high performers. Key Responsibilities Oversight of Sienna's intensification and greenfield real estate project planning, design and construction Lead the planning, design and construction teams with experience, confidence and collaboration Engage and present professionally as owner's representative with consultant and building teams, municipalities, partners and others to develop and execute projects and related activity Evaluate and identify opportunities for value enhancement within the real estate portfolio and any excess land Work with all internal and external stakeholders on approved projects to ensure alignment to organizational standards and requirements Evaluate potential development sites for acquisition in accordance with the company's identified growth strategy and undertake relevant due diligence activities Work with Operations and Finance teams to support the analysis and feasibility planning for project opportunities. Prepare, manage and deliver on project budgets and schedule milestones for delivery of projects across the lifespan of the project Monitor project costs against budget and report variances to align projects to underwriting expectations. The Ideal Candidate Minimum 15 years of hands-on experience in real estate planning, development and execution ideally including high-density senior housing, hotels, hospitals or multi-residential projects A degree in Business Administration, Urban Planning, Real Estate, Economics, environmental Studies or a related discipline is important Demonstrated ability to lead, motivate, mentor, connect with and engage team members effectively Experience obtaining municipal approvals, including zoning, site plans, variances, land conveyance and land valuation Working knowledge of building codes, safety standards and environmental regulations Proven ability to conduct project feasibility assessments and due diligence, including creating project proformas Proven track record in leading large-scale, multi-million dollar real estate development projects from inception to completion, with a strong focus on ensuring regulatory compliance, and delivering projects on time and within budget Sienna Senior Living is committed to employment equity, diversity, and inclusion in the workplace. In accordance with provincial regulations, upon request, support will be provided for accommodations throughout the recruitment, selection, and assessment process. #J-18808-Ljbffr