Development Associate - Urban Atlantic
Bethesda, MD 20811
About the Job
About the Company
Urban Atlantic Development is an industry leader in creating transformative developments that shape communities, promote sustainability in the built environment, and provide long-term value for the people they impact. Urban Atlantic’s portfolio of completed and under construction projects includes over $3 billion in real estate developments, creating over 10,000 units of housing, 1,500,000 square feet of commercial property, and 700 acres of developed land. To learn more about Urban Atlantic and our projects, please visit our website at: www.urban-atlantic.com
About the Role
As the Development Associate, you will report to a Development Director in all aspects of the affordable multifamily development process, executing on an existing pipeline of projects, as well as evaluating new opportunities. In this position, your primary tasks involve project management of various development processes such as: entitlement, site due diligence, design management, risk assessment, permitting. Successful execution of this role involves coordinating with city officials, architects, zoning attorneys, engineers, and other professionals to ensure timely delivery of projects.
Responsibilities
- Perform initial due diligence of assigned projects to include zoning and code review, title work review, and project risk assessment.
- Execute timeline and cost schedules for all required due diligence items as established by the Director of Development.
- Assist in preparation of LIHTC applications necessary to secure funding for affordable housing.
- Represent the owner in ongoing construction meetings, oversee construction timelines and costs.
- Act as contact for all individual project entitlement and approval efforts.
- Assist legal counsel in reviewing and resolving title and survey issues.
- Ascertain utility availabilities and connection fees, and costs of necessary improvements.
- Coordinate with design professionals in the completion of necessary deliverables from initial conceptual layouts to construction drawings and specifications.
- Represent the company at public hearings and meetings with adjacent neighborhood representatives, utilities, regulatory agents, consultants, city officials, etc.
- Secure all necessary permits and/or approvals in accordance with the project schedule.
- Provide efficient turnover of the project to all applicable departments.
- Travel to project sites as necessary to execute duties and responsibilities herein.
- Process and organize draw requisitions and invoice remittances.
Qualifications
- Minimum 4-year bachelor’s degree in finance, urban planning, engineering, construction, or related field.
- Minimum 2-5 years of experience in real estate development; construction; or engineering.
- Previous experience in development or affordable housing is preferred but not required.
- Advanced computer skills, including MS Office Suite, project management tracking, and scheduling software.
- Demonstrated ability to manage multiple projects simultaneously.
Equal Opportunity Statement
Urban Atlantic Development is an equal opportunity employer. We are a women-led company committed to creating a diverse and inclusive environment for all employees and applicants. all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, or any other legally protected status.
We encourage individuals of all backgrounds to apply and join our team in fostering innovation and equity in the workplace.