Head of Real Estate Development

Brain Storm Shelter Restaurants, LLC oversees the operation of vibrant, high energy restaurants and beer gardens across Texas and the South. We are a small team, so just as important as your skills, will be how you fit within the fun, irreverent, and hard-working culture of Brain Storm Shelter Restaurants. Summary: Assess schedule for full real estate and development process. Create schedule to allow for correct lease terms, corporate development goals, and overall venue development management. Work with FP&A team to create models on required budgets and SG&A support. Defining and executing overall strategic plan related to store growth, including developing annual targets, goals and business plans in support of strategic plan. Manage and build relationships, cultivating productive and strategic long-term partnerships with landlords, developers, and third-party broker/vendor relationships.

ANNUAL SALARY: $100,000 - $150,000

REPORTS TO: President Job Qualifications BA/BS Degree or equivalent work experience. Ability to travel significantly within the region. Ability to work non-typical hours (evenings & weekends). Working knowledge of MS Office Suites and computers. 2+ years experience managing effective vendor relationships. Ability to effectively present information to top management and public groups. Responsibilities Utilize existing venue results/demographics to create priority markets to visit and make market specific plan for development within the market. Evaluate and determine need, post meeting with national broker. Evaluate and develop a brand growth strategy that focuses on target markets, geography of existing operations, and climate appealing locations. First month, evaluate and determine need, post meeting with national broker. Create brand deck for soliciting potential landlords and introducing them to the business. Additional creation of decks specific to City Councils, Economic Development departments, or other civic government uses as needed. Evaluate and determine need, post meeting with national broker. Handle LOI process, work letters, market comps, TI reimbursement. On-going with weekly updates, 4-8hrs per week. Use lease financials to create proforma with FP&A for REC, per property, ongoing 4-8hrs each. Evaluate financials and present for Real Estate committee go/no-go per property, ongoing 4-8hrs each. Review and negotiate leases with landlords, create lease abstracts. Two months per lease. Apply for TI reimbursement to landlords. Work closely with internal teams to provide necessary input during site selection and feasibility project phase. Ongoing development of strategic plan including analysis of existing store base, market share, market trends and competition. Execution of real estate strategy including new store site selection, relocations, lease renewals and asset management. Negotiate leases for new store locations as well as lease renewals for existing stores. Prepare real estate site packages which includes a comprehensive analysis (Pro Forma) for each proposed location with the VP of Finance, which should accurately reflect all economic, real estate and legal issues pertinent to the lease, including the return on investment for each proposal. Facilitate all aspects of the lease or purchase process through the store opening in partnership with Legal, Finance, and Store Operations departments. Authorizes and monitors all expenditures. Oversee and “own” all aspects of purchase or lease negotiations and administration working closely with the legal team. Work with broker and real estate attorneys to review and review, aka completely vet, LOI, PSA and lease documents before signing. Design, Procurement and Permitting Evaluate previous builds lessons learned to make best prototype. Evaluate build costs, change orders, schedule overruns, and operations feedback. First 2 months reviewing and visiting locations, leading to implementation with first property developed. Review, rewrite architect agreements to fit within the development budget/schedule. Implement SOV and timelines for effective Architect management. First 2 months. Perform RFP for new Architect. Provide design oversight and management to get complete print sets and allow for procurement. Coordinate owner vendors into Architect designs. Per property for 4-5 months depending on RFP results. Evaluate the current procurement process, make recommendations for national vendors or programs for purchasing First 2 months. Setup agreements for professional services, permanent material procurement, contracts and subcontracts (detailed further in construction). Perform due diligence on permitting timelines for selected target markets, integrate into the Real Estate timelines that will affect lease terms, guide go/no-go decisions and start work on permit expediting companies. Lead architectural and design teams through the entire design process from inception to turnover and ongoing support. Bidding and Construction Review previous builds schedules and lessons learned. Set interim milestones for the A101 contract. Develop overall build schedules expected on builds. Interim and construction prerequisites/milestones flagged for: UG complete, slab poured, waterproofed and framed, bar and kitchen turn overs to Kitchen installers, substantial completion, punch. Implement A101 and 201 forms. Incorporate schedule, damages, recovery clauses, owner right to perform work clause, change order recs, weekly reporting, schedule reporting etc. Create RFP documents and bid folders. Projected months 3 and 4 unless expedited project warrants. Coordinate and bid project with 3 local GCs or past GC, level and evaluate bids and award work. Evaluate owner supplied vendors and FFE. Setup contracts for Kitchen, Millwork, FFE, AV/IT any other owner supplied procurement. Projected months 3 and 4. Setup project management software for tracking document control, pay estimates, % complete tracking, invoice management etc. 2 weeks per project. Setup remote supervisory system per project – OxBlue or similar for live progress updates from sites. 1 week per project at start of project. Conduct weekly progress meetings with GC and owner subs. Manage architect and GC. Review and process pay applications monthly. Notify GC of deficiency and delay. Communicate progress to operations team for effective training and hiring. Coordinate health inspections with local authorities. Manage the GC and the inspections process. Obtain TCO and CO. Coordinate with Operations for smooth and effective handoff. Manage turnover to operations for all new and renovation projects. Manage contractors through the closeout process – punch list, warranty, O&M manuals and as-builts. Manage, coordinate, and execute procurement and installation of all owner supplied materials including Furniture, Fixtures andEquipment, inclusive of planning and coordination for any artist installment of specialty items. Work closely with VP of Finance to manage the annual CAPEX budget for existing store remodels and repairs. Coordinates all new construction, remodels and major repairs. Get bids from contractors, evaluates, and negotiates bids, selects successful bidder based on cost, quality and “best fit” for company needs. Oversee and direct construction projects from conception to completion. Manage facilities and scheduling of all construction project related work for 6 corporate stores (and growing). Total project responsibility to ensure contractors, vendors, utilities, and inspectors are on schedule and per plans. Develop and establish matrix and benchmarks for facilities equipment and function. Provide support and assistance to Operations team to maintain facilities in good repair, including the creation and oversight of preventative maintenance programs. Provide oversight of landlord required work within leased premises, as applicable. Develop and manage annual building and grounds budget; and authorize expenditures. Prepare requests for proposals and own the competitive bid process, as required. Responsible for managing and completing new company owned stores construction on time and on budget. This includes managing the entire aspect of the construction process from feasibility, planning, design, permitting, zoning, contactor selection, and project management and closeout. Review cost estimates for new and ongoing work, including contract modifications, to comply with existing and future budgeting requirements. Review cost estimates for accuracy and propose value engineering adjustments. Manage vendor relationships for all Company Stores in the development cycle including vendors, architects, contractors, and others. Oversee processing of all pay applications, change of order requests, invoices and requests for information. Review the project in-depth to schedule deliverables and estimate costs. Oversee all onsite and offsite construction to monitor progress, quality and accuracy of work, and compliance with building and safety regulations. Provide on-site project quality control through weekly vendor meetings and routine job inspections. Coordinate and direct architects, consultants and contractors to deliver projects on time and on budget. Coordinate with internal teams to ensure department needs and objectives are incorporated into project scope. Work cross-functionally with internal corporate teams on the design and construction phases of the store opening lifecycle. Organize and run weekly project owner/architect/contractor meetings. Prepare internal and external reports pertaining to construction status. Knowledge of how things are built at an advanced level, including understanding of all facets of the construction process, relevant rules, regulations, and quality standards. Other things to know about this job: Significant amount of time driving to and working in restaurant locations. Withstand temperatures of 0 degrees Fahrenheit or less and 100 degrees Fahrenheit or more. Move throughout the building sites for extended periods of time (up to 10-12 hours per day). Move 50 lbs. for distances of up to 10 feet. Balance and move up to 25 lbs. for distances of up to 50 feet. Perform basic math and understand finances and cost management. While performing the duties of this job, the employee is occasionally required to stand; walk; sit; use hands and fingers to handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop, kneel, crouch or crawl; talk or hear; taste or smell. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus. #J-18808-Ljbffr Bethyl Laboratories, Inc