Senior Construction Manager
Bridge33 Capital
Senior Construction Manager
Bridge33 Capital is a rapidly growing, vertically integrated private equity firm specializing in owning and operating open-air retail real estate. Poised to launch its next funda pivotal milestonethe Company remains dedicated to driving value at every stage of the investment lifecycle.
We are seeking a Senior Construction Manager to provide management oversight for assigned construction and tenant improvement projects including planning, estimating, budgeting, contract negotiation, and tenant coordination while also serving as a team lead and mentor to other team members. The is a full-time role based in our Philadelphia office (4 days/week in-office, 1 day/week WFH). Come make your mark as an integral part of Bridge33 Capital!
We build relationships and create value where others don't.
Better Together | Here to Serve | Crush our egos, and we have empathy for teammates | Stay positive | Embrace accountability, and we champion results.
Essential Responsibilities
- Manage assigned construction and tenant improvement projects from conception through tenant opening, including scope, budgeting, and scheduling during the leasing process.
- Provide accurate LLW estimates and manage LLW budgets, timelines, and change orders; develop preconstruction Gantt schedules from lease execution through rent commencement and flag blackout period or liquidated damages exposure, providing leasing with realistic, data-driven RCD dates.
- Negotiate general contractor, architectural, engineering, and construction contracts.
- Identify design/construction elements likely to cause disputes and pursue value-engineering opportunities.
- Ensure projects are delivered on time and within budget through site inspections, pay application review, punch list completion, and project close-out including handoff to property management with warranty and maintenance documentation.
- Coordinate all project parties, including property management, leasing, architects, consultants, contractors, sub-contractors, and laborers.
- Collect and track lien waivers on landlord-managed work, ensuring proper waivers are in hand before payments and at close-out.
- Manage the Tenant Allowance disbursement process; review, comment on, and approve tenant plans for design-criteria compliance, and maintain tenant design criteria manuals.
- Manage the permit process with local jurisdictions and independently navigate permitting and inspections.
- Coordinate space delivery and support tenants especially local, high-impact, or inexperienced tenants through design, permitting, and build-out; negotiate LLW or tenant scope to expedite lease execution.
- Review and markup construction-related LOI terms and develop preliminary budgets to inform deal economics; participate in Deal Milestone Reviews and Pre-REC meetings.
- Serve as the landlord's representative for ground-up outparcel development, including predevelopment due diligence and zoning/entitlement coordination.
- Coordinate with legal on work letter, delivery condition, default provision, and contract terms.
- Support acquisitions and dispositions due diligence, including budget input for underwriting, site visits, and construction expenditure history.
- Monitor project costs against approved budgets, flag material variances, and contribute cost data to refine future budget assumptions.
- Provide team leadership championing best practices and process improvements, and mentoring Construction Managers.
- Self-manage workload through reporting and weekly meetings; escalate material issues to leadership with proposed solutions.
- Provide a high level of customer service to internal and external stakeholders, including Leasing, Asset Management, Property Management, Legal, and tenants.
- Ensure project documentation is complete. Some travel is required. Perform other duties as assigned.
$179.06k - $204.65k
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