Adventurous Journeys LLC
Senior Development Manager
Adventurous Journeys LLC, Nashville, Tennessee, United States, 37247
Title:
Senior Development Manager
Department:
Development & Construction
Reports to:
VP, Development & Construction
Location:
Nashville, TN, Chicago, IL or Denver, CO
This role will be performed onsite in the Nashville, TN office.
Adventurous Journeys Capital Partners ("AJCP") is seeking a Senior Development Manager to join the Development and Construction group and support its rapid growth across various investment platforms focused on the hospitality, mixed-use, and single-family rental sectors.
ABOUT AJCP
AJCP is a vertically integrated real estate investment manager anchored by the core principles of hospitality, placemaking, and residentially inspired design. Founded in 2008, AJCP is headquartered in Nashville, TN, with offices in Chicago, Miami, San Francisco, New York and New Orleans. With over $5.0 billion of fair market value in current real estate investments, AJCP's deeply-rooted hospitality experience has transpired to other mixed-use real estate including single-family housing, inspired office, retail, music venue and multi-family developments. Today, AJCP has grown to oversee approximately 150 in-house employees including investment, development, design, asset management, portfolio management and accounting professionals, each with diverse competencies and real estate-related skill sets. AJCP believes this vertical integration produces significant value-add efficiencies and increased investment opportunities through an expanded industry network. For more information on AJCP, please visit www.ajcpt.com
ABOUT THE ROLE
As a Senior Development Manager, you will oversee both new construction and adaptive reuse projects from acquisition handoff through to completion in the Southeastern region. Leading the planning, budgeting, and execution, you will guide each project's lifecycle, ensuring quality standards, timelines, and budgets are met. This role demands effective coordination with a diverse team, including architects, engineers, contractors, and stakeholders, to deliver projects aligned with strategic objectives. Reporting to the Vice President of Development and Construction, you will champion innovative, sustainable approaches to redeveloping existing properties and support seamless handover to asset management.
WHAT YOU WILL DO
LeadershipWork closely with internal and external partners, including designers, operators, accountants, contractors, and vendors, to balance competing needs and priorities and ensure that all projects are delivered on time and budgetOversee the troubleshooting of issues as they ariseCost & Schedule Management:
Review project forecasts for inconsistenciesReconcile spend with accounting systemsAssist in reviewing change orders and add service requestsAssist with budget estimatesSchedule development and updatingPrepare scope of work documentationVendor pre-qualification and management of preferred vendor databasePrepare requests for proposals (RFPs)Review proposals and prepare bid leveling cost comparisonsAttend vendor scope review meetings and callsPrepare meeting agendas and issue meeting minutesDevelop budgetsManage consultants and vendorsPre-Construction
Develop preliminary schedules from acquisition through expected turnoverIssue RFP's to consultants and make recommendations to senior management based on analysis of RFP'sWork with VP of Development to oversee the design and architecture to ensure owner budget and design objectives are being metManage consultants to ensure owner timelines are met and brand standards adhered toInitiate contracts and negotiate terms with consultants, contractors and legalReview/approve invoices to ensure compliance with commitmentsProvide weekly updates to the both the operating and development teamsReview construction bids for thoroughness of project cost detail, proposed GC project teams, qualifications and assumptions, durations/sequencing within contractor schedules, scope gaps, allowances carried, value engineering opportunities, and provide recommendations to Senior Management based on bid reviewConduct thorough site assessments and feasibility studies for potential adaptive reuse projects in concert with Acquisitions teamEvaluate and mitigate risks associated with adaptive reuse projects and propose suitable mitigation strategiesDevelop budgets / estimates at all phases of the project and manage the design consultant team to ensure development budget is metUtilize units cost and estimating software in preparing hard cost estimatesDevelop preliminary schedules from acquisition through expected turnoverIssue RFP's to consultants and make recommendations to senior management based on analysis of RFP'sOversee the design and architecture to ensure owner budget and design objectives are being metPresent design options/intents to the Executive team at differing stages of developmentManage consultants to ensure owner timelines are met and brand standards adhered toInitiate contracts and negotiate terms with consultants, contractors and legal.Ensure General Contractor bid qualifications are complete and accurately represent the scope of work and design intent of the Construction Documents.Lead the entitlement and/or permitting process with all required governmental entitiesReview/approve invoices to ensure compliance with commitmentsProvide weekly updates to both the operating and development teams.Develop & recommend contracting strategyReview construction bids for thoroughness of project cost detail, proposed GC project teams, qualifications and assumptions, durations/sequencing within contractor schedules, scope gaps, allowances carried, value engineering opportunities, and provide recommendations to Senior Management based up bid review.Contract / Procurement Administration:
Initiate contractsAssist in managing the OFCI procurement processCollate contract commentsWork with Development Manager and legal to negotiate contract termsConstruction
Identify schedule and budget risks and develop strategy to mitigateObserve construction progress with goal of proactively identifying issues and recommending solutionsLead weekly OAC meetingsWork with purchasing agents throughout the development process to ensure timely ordering and delivery of all FF&E and OS&E packagesManage the invoice process to ensure timely compliance with both the contract documents and lender requirementsEnsure team is aware of any budget and/or schedule variances. Provide recommendations to team to eliminate or minimizeUpdate project forecasts for both budget and scheduleReview change order requests and present to senior managementIdentify schedule and budget risks and develop strategy to mitigateObserve construction progress with goal of proactively identify issues and recommend solutionsLead weekly OAC meetingsWork with purchasing agents throughout the development process to ensure timely ordering and delivery of all FF&E and OS&E packagesManage the invoice process to ensure timely compliance with both the contract documents and Lender requirements.Ensure team is aware of any budget and/or schedule variances. Provide recommendations to team to eliminate or minimizeUpdate project forecasts for both budget and scheduleReview change order requests and present to senior managementFoster positive relationships with project stakeholders, including property owners, tenants, government officials, and community organizations.Address stakeholder concerns and maintain open lines of communication throughout the project lifecycle.Review project progress and prepare status reports for teamAttend regular OAC meetingsIdentify schedule and budget risks and formulate mitigation strategiesEnsure team is aware of budget, forecast and schedule milestonesReview invoices for contract conformance prior to processing in project management software (PMWeb)Prepare punch listsAssist property operations, design and development teams with on-site pre-opening activitiesPost-Construction
Follow-up on open punch list/warranty itemsEnsure smooth turnover to Operating and Asset Management teamsFinancially close out projectFollow-up on open punch list/warranty itemsEnsure smooth turnover to Operating and Asset Management teamsFinancially close out project Manage punchlist completion and acceptance with stakeholdersCoordinate warranty workOversee close-out documentationRequirements
WHO YOU ARE
AJCP is seeking a highly motivated individual who enjoys working in a fast-paced, but disciplined, entrepreneurial environment. This role also requires the following capabilities:
Strong and effective communicator and presenter internally and externallyKnowledge of and experience with architecture and entitlement requirementsSense of accountability for quality of own work and the work of the teamProactive critical thinker who takes the lead in solving problems and comfortable making informed recommendationsComfortable learning cost estimating software platformsExcellent organization and time management skillsProficient in Microsoft Office products (especially Excel and MS Project)Strong experience using construction management software programsMust be a collaborative team-oriented individual but also an independent worker who can prioritize and coordinate multiple competing tasks in a timely fashion.Demonstrated management and supervisory skills sufficient to lead, direct, evaluate, and mentor, subordinate and peer employee staff, as well as consultant teamsAbility to work flexible or extended hours to accommodate increased workload/projectsMust be reliable, dependable with excellent attendance, flexible and versatileAbility and preference for working in a team-oriented setting, and interacting with several departments (Development, Interior Design, Asset Management, Marketing, and Finance).Extensive experience in negotiating Architectural, Consulting and Construction Agreements.Familiarity with sustainable development practices and a passion for adaptive reuse is highly desirable.Play a pivotal role in transforming existing structures into vibrant and sustainable spaces through adaptive reuse projects.YOUR QUALIFICATIONS
Required
6+ years of relevant experienceBachelor's degree in Construction Management, Real Estate, Architecture, or related disciplineAbility to travel up to 50%Preferred
Historic renovation / adaptive re-use experienceExperience and knowledge with entitlement processes in multiple marketsGeneral contractor pre-construction estimating experienceHospitality specific development experienceFamiliarity with Nashville subcontractor market
Equal Employment Opportunity:
AJCP is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on an individual's race, color, religion, religious creed, national origin, ancestry, citizenship, physical or mental disability, medical condition, genetic information, marital status, reproductive health decision-making, sex, gender, age, sexual orientation, veteran and/or military status, protected medical leaves, domestic violence victim status, political affiliation, or any other status protected by federal, state, or local laws. AJCP is dedicated to the fulfillment of this policy in regard to all aspects of employment, including, but not limited to, recruiting, hiring, placement, transfer, training, promotion, rates of pay, other compensation, termination, and all other terms, conditions, and privileges of employment.
Senior Development Manager
Department:
Development & Construction
Reports to:
VP, Development & Construction
Location:
Nashville, TN, Chicago, IL or Denver, CO
This role will be performed onsite in the Nashville, TN office.
Adventurous Journeys Capital Partners ("AJCP") is seeking a Senior Development Manager to join the Development and Construction group and support its rapid growth across various investment platforms focused on the hospitality, mixed-use, and single-family rental sectors.
ABOUT AJCP
AJCP is a vertically integrated real estate investment manager anchored by the core principles of hospitality, placemaking, and residentially inspired design. Founded in 2008, AJCP is headquartered in Nashville, TN, with offices in Chicago, Miami, San Francisco, New York and New Orleans. With over $5.0 billion of fair market value in current real estate investments, AJCP's deeply-rooted hospitality experience has transpired to other mixed-use real estate including single-family housing, inspired office, retail, music venue and multi-family developments. Today, AJCP has grown to oversee approximately 150 in-house employees including investment, development, design, asset management, portfolio management and accounting professionals, each with diverse competencies and real estate-related skill sets. AJCP believes this vertical integration produces significant value-add efficiencies and increased investment opportunities through an expanded industry network. For more information on AJCP, please visit www.ajcpt.com
ABOUT THE ROLE
As a Senior Development Manager, you will oversee both new construction and adaptive reuse projects from acquisition handoff through to completion in the Southeastern region. Leading the planning, budgeting, and execution, you will guide each project's lifecycle, ensuring quality standards, timelines, and budgets are met. This role demands effective coordination with a diverse team, including architects, engineers, contractors, and stakeholders, to deliver projects aligned with strategic objectives. Reporting to the Vice President of Development and Construction, you will champion innovative, sustainable approaches to redeveloping existing properties and support seamless handover to asset management.
WHAT YOU WILL DO
LeadershipWork closely with internal and external partners, including designers, operators, accountants, contractors, and vendors, to balance competing needs and priorities and ensure that all projects are delivered on time and budgetOversee the troubleshooting of issues as they ariseCost & Schedule Management:
Review project forecasts for inconsistenciesReconcile spend with accounting systemsAssist in reviewing change orders and add service requestsAssist with budget estimatesSchedule development and updatingPrepare scope of work documentationVendor pre-qualification and management of preferred vendor databasePrepare requests for proposals (RFPs)Review proposals and prepare bid leveling cost comparisonsAttend vendor scope review meetings and callsPrepare meeting agendas and issue meeting minutesDevelop budgetsManage consultants and vendorsPre-Construction
Develop preliminary schedules from acquisition through expected turnoverIssue RFP's to consultants and make recommendations to senior management based on analysis of RFP'sWork with VP of Development to oversee the design and architecture to ensure owner budget and design objectives are being metManage consultants to ensure owner timelines are met and brand standards adhered toInitiate contracts and negotiate terms with consultants, contractors and legalReview/approve invoices to ensure compliance with commitmentsProvide weekly updates to the both the operating and development teamsReview construction bids for thoroughness of project cost detail, proposed GC project teams, qualifications and assumptions, durations/sequencing within contractor schedules, scope gaps, allowances carried, value engineering opportunities, and provide recommendations to Senior Management based on bid reviewConduct thorough site assessments and feasibility studies for potential adaptive reuse projects in concert with Acquisitions teamEvaluate and mitigate risks associated with adaptive reuse projects and propose suitable mitigation strategiesDevelop budgets / estimates at all phases of the project and manage the design consultant team to ensure development budget is metUtilize units cost and estimating software in preparing hard cost estimatesDevelop preliminary schedules from acquisition through expected turnoverIssue RFP's to consultants and make recommendations to senior management based on analysis of RFP'sOversee the design and architecture to ensure owner budget and design objectives are being metPresent design options/intents to the Executive team at differing stages of developmentManage consultants to ensure owner timelines are met and brand standards adhered toInitiate contracts and negotiate terms with consultants, contractors and legal.Ensure General Contractor bid qualifications are complete and accurately represent the scope of work and design intent of the Construction Documents.Lead the entitlement and/or permitting process with all required governmental entitiesReview/approve invoices to ensure compliance with commitmentsProvide weekly updates to both the operating and development teams.Develop & recommend contracting strategyReview construction bids for thoroughness of project cost detail, proposed GC project teams, qualifications and assumptions, durations/sequencing within contractor schedules, scope gaps, allowances carried, value engineering opportunities, and provide recommendations to Senior Management based up bid review.Contract / Procurement Administration:
Initiate contractsAssist in managing the OFCI procurement processCollate contract commentsWork with Development Manager and legal to negotiate contract termsConstruction
Identify schedule and budget risks and develop strategy to mitigateObserve construction progress with goal of proactively identifying issues and recommending solutionsLead weekly OAC meetingsWork with purchasing agents throughout the development process to ensure timely ordering and delivery of all FF&E and OS&E packagesManage the invoice process to ensure timely compliance with both the contract documents and lender requirementsEnsure team is aware of any budget and/or schedule variances. Provide recommendations to team to eliminate or minimizeUpdate project forecasts for both budget and scheduleReview change order requests and present to senior managementIdentify schedule and budget risks and develop strategy to mitigateObserve construction progress with goal of proactively identify issues and recommend solutionsLead weekly OAC meetingsWork with purchasing agents throughout the development process to ensure timely ordering and delivery of all FF&E and OS&E packagesManage the invoice process to ensure timely compliance with both the contract documents and Lender requirements.Ensure team is aware of any budget and/or schedule variances. Provide recommendations to team to eliminate or minimizeUpdate project forecasts for both budget and scheduleReview change order requests and present to senior managementFoster positive relationships with project stakeholders, including property owners, tenants, government officials, and community organizations.Address stakeholder concerns and maintain open lines of communication throughout the project lifecycle.Review project progress and prepare status reports for teamAttend regular OAC meetingsIdentify schedule and budget risks and formulate mitigation strategiesEnsure team is aware of budget, forecast and schedule milestonesReview invoices for contract conformance prior to processing in project management software (PMWeb)Prepare punch listsAssist property operations, design and development teams with on-site pre-opening activitiesPost-Construction
Follow-up on open punch list/warranty itemsEnsure smooth turnover to Operating and Asset Management teamsFinancially close out projectFollow-up on open punch list/warranty itemsEnsure smooth turnover to Operating and Asset Management teamsFinancially close out project Manage punchlist completion and acceptance with stakeholdersCoordinate warranty workOversee close-out documentationRequirements
WHO YOU ARE
AJCP is seeking a highly motivated individual who enjoys working in a fast-paced, but disciplined, entrepreneurial environment. This role also requires the following capabilities:
Strong and effective communicator and presenter internally and externallyKnowledge of and experience with architecture and entitlement requirementsSense of accountability for quality of own work and the work of the teamProactive critical thinker who takes the lead in solving problems and comfortable making informed recommendationsComfortable learning cost estimating software platformsExcellent organization and time management skillsProficient in Microsoft Office products (especially Excel and MS Project)Strong experience using construction management software programsMust be a collaborative team-oriented individual but also an independent worker who can prioritize and coordinate multiple competing tasks in a timely fashion.Demonstrated management and supervisory skills sufficient to lead, direct, evaluate, and mentor, subordinate and peer employee staff, as well as consultant teamsAbility to work flexible or extended hours to accommodate increased workload/projectsMust be reliable, dependable with excellent attendance, flexible and versatileAbility and preference for working in a team-oriented setting, and interacting with several departments (Development, Interior Design, Asset Management, Marketing, and Finance).Extensive experience in negotiating Architectural, Consulting and Construction Agreements.Familiarity with sustainable development practices and a passion for adaptive reuse is highly desirable.Play a pivotal role in transforming existing structures into vibrant and sustainable spaces through adaptive reuse projects.YOUR QUALIFICATIONS
Required
6+ years of relevant experienceBachelor's degree in Construction Management, Real Estate, Architecture, or related disciplineAbility to travel up to 50%Preferred
Historic renovation / adaptive re-use experienceExperience and knowledge with entitlement processes in multiple marketsGeneral contractor pre-construction estimating experienceHospitality specific development experienceFamiliarity with Nashville subcontractor market
Equal Employment Opportunity:
AJCP is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on an individual's race, color, religion, religious creed, national origin, ancestry, citizenship, physical or mental disability, medical condition, genetic information, marital status, reproductive health decision-making, sex, gender, age, sexual orientation, veteran and/or military status, protected medical leaves, domestic violence victim status, political affiliation, or any other status protected by federal, state, or local laws. AJCP is dedicated to the fulfillment of this policy in regard to all aspects of employment, including, but not limited to, recruiting, hiring, placement, transfer, training, promotion, rates of pay, other compensation, termination, and all other terms, conditions, and privileges of employment.