Comstock Companies · 14 hours ago
Director of Development
Reston, VA
Contract
Onsite
Lead/Staff, Director/Executive
5+ years expComstock Companies is seeking a Development Director to oversee and deliver a diverse range of projects across multiple asset types including mixed-use, office, retail, hotel, and residential developments. The role involves managing the entire development process from initial concept through completion, ensuring quality, budget adherence, and schedule compliance.
ConstructionConsultingReal Estate
Responsibilities
Lead and manage all aspects of development projects, across multiple asset types, including office, retail, hotel, and residential developments, ensuring adherence to quality, budget, and schedule
Select, manage, and coordinate with design and consultant teams in evaluating and pursuing development opportunities
Conduct comprehensive feasibility analysis and due diligence for potential projects
Obtain, evaluate, and apply market research to inform project design and pro forma
Prepare, manage, and oversee project budgets, schedules and pro formas in collaboration with construction team and finance group
Secure entitlements and approvals, manage and track compliance with relevant regulations and proffers
Guide the project design process from initial feasibility/concept through to grand opening, ensuring alignment with target metrics and identifying value creation opportunities
Coordinate development efforts with various internal teams, including Construction, Marketing, Leasing, Operations, and Asset Management
Prepare and present periodic reports for stakeholders such as owners, lenders, and capital partners
Ensure internal approvals for project milestones and changes, integrating them into project plans, budget/pro forma and construction documents
Negotiate and review tenant LOIs, leases, and work letters; address concerns related to landlord work and tenant improvement plans, finishes, and signage
Work with Tenant Coordination to facilitate the timely delivery of tenant spaces and ensure tenants' opening schedules are met
Regularly forecast project costs, schedules, and identify potential opportunities and exposures
Process invoices, back charges, and contract documents in line with company policies
Develop and propose partnerships with public and private entities
Assist in other development-related administrative tasks including project notes, meeting minutes, status reports, and file maintenance
Work with Construction to facilitate bids and permitting
Qualification
Required
Bachelor's degree in real estate, business, or related field required; MBA, JD, or CPA preferred
Minimum of 5-10 years of real estate development experience, with proficiency in mixed-use, commercial, multi-family, hotel, and retail development
Extensive experience managing the full cycle of building development processes
Exceptional skills in financial analysis and modeling, particularly in complex mixed-use developments
Proficient in Microsoft Office Suite, including Excel, Word, Project, and Outlook
Strong oral and written communication, active listening, and organizational skills
Demonstrated ability to think quickly, proactively, and handle multiple projects in a fast-paced environment
High level of integrity, accountability, and a commitment to excellence
Customer-focused, results-oriented, with a continuous learning and development mindset
Outstanding mentoring, coaching, people and time management, and leadership skills
Must be able to hire, direct and supervise a strong team while cultivating a professional, friendly, and supportive atmosphere
Must be able to motivate his/her team through personal character, consistency, vision, compassion, and recognition
Must be able to clearly and effectively communicate expectations to the team and make sure there is understanding by all
Must be able to hold team members accountable to achieve/promote Comstock's corporate goals, core values and departmental responsibilities detailed on the org chart and in the Employee Handbook
Exceptional oral and written communication, active listening, and organizational skills
Ability to demonstrate flexibility in dealing with complex problems or organizational change
Ability to define and resolve complex issues by evaluating options and implementing practical concrete business minded solutions
Ability to effectively present information and respond to questions from senior and executive level management
Strong budgeting & financial skills
Benefits
Competitive Salary with Bonus Potential
Generous Benefit Package: Medical, Dental, Vision, 401K Match, Life Insurance
Opportunities for Advancement within our expanding portfolio
Annual Professional Development Funds to fuel your growth
Housing Discount
Commuter Benefits
Free Parking and EV charging
Parental Leave Program
Enjoy a Friendly Work Environment that values collaboration
Company
Comstock Companies
Comstock is a real estate company that provides management services to lenders, owners and municipalities with interests in real estate.
201-500 employees
H1B Sponsorship
Comstock Companies has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2021 (1)
Funding
Current Stage
Growth StageLeadership Team
Christopher Clemente
CEO
Recent News
Washington Business Journal
2025-01-14
Company data provided by crunchbase