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Development Manager

$120k - $145k

Prime Group

Overview Prime Group Holdings , LLC, a vertically-integrated private equity real estate firm specializing in self storage and other alternative real estate asset classes, has an exciting opportunity for a talented Development Manager to cover our projects in our Northeast region of the country. With$6.7billion in assets under management, Prime Group is among the largest private owners and operators of self-storage properties globally, with a portfolio of 320+ self-storage assets across 28 U.S. states, three Canadian provinces, and the U.S. Virgin Islands, totaling 24+ million rentable square feet. The firm manages three flagship funds on behalf of a global investor base, including Prime Storage Fund III, the largest self-storage dedicated fund ever raised. Headquartered in Saratoga Springs, NY, Prime Group employs 700+ professionals and maintains a regional office in Jupiter, FL and Manhattan, NY along with investment originations offices in Denver, CO; Hackensack, NJ; Yorktown, VA; and Calgary, Alberta. The firm’s 21-person senior leadership team is supported by specialized teams across sourcing and acquisitions, asset and portfolio management, compliance and legal, property management, information technology, transactions and financing, marketing, accounting, training, and other core functions. Prime Group’s performance is rooted in a culture of respect, teamwork, ethical business practices, accountability, and persistence. The firm places significant value on the relationships it has built with customers, employees, investors, and stakeholders. PitchBook has recognized Prime Group as one of the top 10 real estate value-add fund managers in its 2023 Global Manager Performance Score League Tables. Position Overview The Development Manager serves as Capital Solutions' owner-side representative for self-storage projects developed with third‑party partners, and may also be assigned renovation, expansion, and repositioning projects within Prime's Self‑Storage Value‑Add (SSVA) platform. Working closely with and reporting to the VP of Development & Delivery, this individual helps protect Prime's brand, operating requirements, capital interests, and delivery expectations from design through construction, turnover, and closeout. Responsibilities Design, Brand Standards, and Preconstruction Review architectural, structural, MEP, civil, fire‑protection, security, signage, and self‑storage system documents for alignment with Prime Brand Standards, operating requirements, approved budgets, and project objectives. Coordinate milestone design reviews with design teams, and internal stakeholders; maintain comment logs and track exceptions, scope gaps, and decisions through resolution. Confirm that the unit mix shown in project documents conforms to the Investment Committee‑approved unit mix and pricing model, and raise discrepancies before construction. Help develop project scopes, budgets, and schedules; solicit and level bids; and coordinate with design consultants, contractors, and permitting authorities. Coordinate with property operations to plan work around occupied facilities and minimize disruption to customers and revenue. Construction Oversight and Risk Management Act as PGCS's eyes and ears during construction, monitoring progress, quality, procurement, inspections, commissioning, and readiness for occupancy. Visit active projects at key milestones and when project conditions warrant; document observations with photos, responsible parties, and follow‑up actions. Review schedules, cost reports, OAC minutes, RFIs, submittals, procurement logs, and contingency use to identify risks to budget, schedule, quality, and opening date. Coordinate with Prime Operations, Facilities, IT, Security, Marketing/Signage, Finance, Legal, and Construction teams so owner requirements are incorporated at the right time. Participate in the internal weekly portfolio construction update to align Development, Construction, IT, and Operations on cross‑project status, risks, and priorities. Prepare concise project and portfolio reporting on milestones, schedule variance, budget exposure, Change Orders, contingency, key risks, and decisions required. OAC Meetings and Contract Administration Represent PGCS in weekly or biweekly OAC meetings, communicating owner priorities, decisions, and required actions, and confirming that commitments and due dates are accurately recorded. Develop a working understanding of each project's contract structure, including decision rights, milestone requirements, notice and delay provisions, retainage, and owner remedies, with guidance from the VP and Legal. Support the development partner with documented facts, schedule analysis, and recommended actions while avoiding unauthorized direction of the General Contractor or waiver of contractual rights. Change Orders and Payment Applications Review Change Orders and recommend disposition, evaluating scope, cause, contractual responsibility, pricing, markups, schedule impact, and supporting documentation; approve within delegated authority as it is established. Maintain a running log of potential changes, disputed items, contingency and allowance use, and cumulative budget impact. Serve as the first‑line reviewer of contractor Payment Applications, beginning with the GC's pencil draw, and prepare recommendations for VP approval. Technology Systems Coordination Coordinate with Prime's in‑house IT team, development partners, design professionals, contractors, and vendors on access control, smart‑building controls, video surveillance, network‑connected equipment, and related low‑voltage infrastructure. Track system layouts, device locations, vendor scopes, installation, commissioning, credentials, and turnover requirements; participate in the biweekly IT and New Construction Coordination Call. Closeout and Operational Turnover Support substantial completion, owner punch‑list review, testing, commissioning, training, opening readiness, and transition to property operations. Confirm receipt of required certificates, warranties, O&M manuals, as‑built drawings, test records, keys, credentials, and final approvals. Support warranty resolution and capture lessons learned for future Brand Standards, scopes, checklists, and partner requirements. Qualifications Required Bachelor's degree with five plus years of experience in construction management, real estate development, architecture, engineering, planning, or a related discipline; equivalent relevant experience may be considered. Working ability to read construction documents and specifications and to work with schedules, RFIs, submittals, Change Orders, and Payment Applications. Effective organizational skills and the capacity to manage multiple projects, deadlines, at the same time. Strong written communication, spreadsheet proficiency, and ability to reconcile project information into accurate forecasts and updates, highlighting potential deliverable risks. Ability and willingness to travel to active projects based on milestones, project conditions, and business need. Preferred Experience as an Assistant / Associate Project Manager, Project Engineer, or Project Manager with a commercial general contractor. Exposure to Schedule of Values review, pay application processing, change order pricing, or project cost tracking. Project experience in self‑storage, multi‑story commercial, industrial, hospitality, or retail construction, including renovation or work in occupied facilities. Familiarity with building systems such as access control, surveillance, HVAC controls, elevators, and fire protection. Experience with Procore, Bluebeam, Smartsheet, Microsoft Project, or comparable platforms. Benefits Competitive rate of pay and a generous benefits program Salary commensurate with experience Medical, Dental, life, vision, short‑term disability, and long‑term disability insurance program Paid vacation time; paid sick time; paid holidays Equal Opportunity Employer Statement Prime Group Holdings is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class. Pay Range USD $120,000.00 - USD $145,000.00 /Yr. #J-18808-Ljbffr

Vacancy posted 4 days ago
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