The Development Manager owns deals end-to-end across the full LV development lifecycle — from initial Investment Committee approval through IFC drawing issuance and GMP reconciliation. The DM is the through-line of every deal: the single point of accountability that carries the deal across phases as specialists lead their respective handoffs.
Pre-Schematic Design, the DM partners with the VP, Entitlements & Development Strategy. Post-SD, the DM partners with the EVP, Development through design execution. From GMP development onward, the DM partners with the SVP, Preconstruction. Specialists lead their phase as expert partners; the DM owns the deal.
The Senior Development Manager carries the same deal-ownership scope with broader complexity, multi-deal capacity, and coaching responsibility for developing Dev Managers. As career progresses, multi-deal responsibilities grow, including complex rezoning and planned development scenarios.
Neither role leads platform-level entitlement strategy, design execution, or GC procurement — those are specialist seats. The DM and SDM lead the deal.
Successful Development Managers demonstrate a high level of ownership, organization, communication, and proactive problem-solving. They operate with a strong GSD (Get Stuff Done) mentality while balancing strategic thinking with detailed execution across complex development projects.
Deal Ownership and Through-Line Accountability
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Own the deal from initial IC approval through IFC issuance and GMP reconciliation
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Maintain a current and accurate deal status, schedule, and budget across the full lifecycle
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Surface deal-critical risks, decisions, and assumptions to specialists and executive leadership without prompting
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Carry the deal narrative — context, history, and current state — across phases without loss of fidelity
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Develop proactive phase transition reports and presentations for interdepartmental project status updates and hand-offs
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Evaluate and distribute project communications internally to ensure all LV teams remain informed on project progress
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Define and track project scope, goals, objectives, assumptions, constraints, budgets, and resource allocation throughout the lifecycle
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Develop and maintain workflow management and communication systems across project teams
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Monitor, track, and report on project deliverables and milestone progress
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Record meeting minutes, maintain action item logs, and establish accountability follow-up procedures
Entitlement Phase Execution (Pre-Schematic Design)
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Execute entitlement strategy on the deal under VP Entitlements’ strategic framework — applying the platform’s precedent, jurisdictional, and compromise-opportunity framework to deal-level execution
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Run community meetings, planning commission presentations, and stakeholder engagement
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Manage initial diligence: zoning analysis, utility inquiries, civil/geo-technical/environmental framing, test fits, site-specific density
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Coordinate initial consultant team selection in partnership with the VP, Entitlements
Design Execution Phase (SD through IFC)
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Carry the deal through schematic, design development and construction documents in partnership with EVP Development
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Manage architect, civil, MEP, structural, land use, and specialty consultants across the full lifecycle
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Coordinate Schematic Design with Interiors, Preconstruction, and the EVP through IFC issuance
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Resolve technical diligence (civil/utility/geo-technical/environmental validation) with consultant team
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Facilitate design reviews and knowledge-sharing sessions to align design direction, construction standards, and project execution goals
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Review project documents through all phases including Schematic Design, Design Development, Construction Documents, Bidding, and Permitting
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Proactively guide consultant teams regarding coordinated deliverables tied to approval, production, and pricing milestones
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Account for organization and distribution of project documents through all phases of work
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Quickly understand and synthesize project design and technical details as they relate to successful boutique multifamily and student housing developments
Procurement & Consultant Coordination
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Provide coordinated scope statements for consultant and professional service engagements
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Solicit, review, and present proposals for design consultants, engineering consultants, general contractors, and specialty contractors
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Develop and maintain prequalified bidder lists to facilitate organized bid opportunities and contractor evaluations
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Provide comparative fee and scope analysis utilizing current and historical project data
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Monitor and control workflow and timing of consultants and design professionals with respect to schedule impacts and budget exposure
Commercial Integration and GMP (Parallel with Design Execution)
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Partner with SVP Preconstruction on GMP development, GC selection input, and pricing reconciliation
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Integrate pricing feedback into design decisions and consultant direction
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Maintain underwriting alignment as design develops and pricing resolves; flag deviations early
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Carry the deal through GMP finalization to clean handoff for field execution
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Support phased development budget reviews, contracts, term sheets, market analysis, and value engineering efforts in coordination with Investments and executive leadership
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Identify project risks and proactively develop mitigation paths in advance of critical schedule or budget impacts
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Maintain alignment between underwriting assumptions, consultant direction, pricing feedback, and construction transition requirements
Cross-Functional Partnership
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Operate as the daily interface for Construction, Preconstruction, Interiors, and Investments on the deal
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Pull specialists in early; treat collaboration as a core competency, not an afterthought
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Maintain external relationships with municipal staff, consultants, capital partners, and community stakeholders
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Support coordination efforts between Development, Investments, Design Studio, Construction Management, Marketing, Leasing, and executive leadership teams
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Assist with internal initiatives and cross-department operational improvements
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Provide support and communication to Leasing and Marketing teams during project transitions and pre-leasing phases
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Does not lead platform-level entitlement strategy, design execution, or GC procurement. Those are specialist seats: VP Entitlements (entitlement strategy), EVP Development (post-SD design execution and the platform), and SVP Preconstruction (GMP and commercial integration). The DM/SDM partners with each as the deal owner — leading the deal, not the platform function.
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Does not run field execution. Construction Manager owns field delivery from GMP finalization through stabilization. The DM/SDM hands off cleanly at GMP finalization while remaining the deal’s owner of record through reconciliation.
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While specialist teams lead platform functions, the DM/SDM is expected to maintain working fluency across entitlement, design, preconstruction, budgeting, consultant coordination, and construction transition in order to effectively lead the deal lifecycle.