This is a Permanent, Full-time position.Category: Technical
Province: Vancouver, British Columbia
Position: Property Development Officer I
Deadline: January 29, 2016
Posted: January 18, 2016
Job Description / Duties
Main Purpose & Function
This is professional work, involving financial/proforma and feasibility analysis of major development proposals and local area planning studies, negotiating property transactions such as community amenity contributions and heritage
bonuses, detailed investigations and research projects used in the formulation of important civic policies, and representing the Department as landowner or technical advisor.
This position reports directly to the Senior Property Development Officer who in turn reports to the Associate Director of Real Estate Services (Development) and Director of Real Estate Services.
Specific Duties & Responsibilities
Financial analysis of development proposals for both City and privately-owned properties as well as the economic evaluation of City policies.
Coordinates the proforma requirements and evaluates the submissions for applications such as transfer of density, heritage and amenity bonuses, zoning relaxations and other development and investment analysis. Confers with other civic officials, outside bodies, and key members of the real estate and development industry to identify conceptual valuation issues and determines appropriate appraisal and investment methodology/return measures for evaluating
development/planning proposals. Acquisitions and marketing of development sites.
Represents the Department on various technical committees and as required attends Council and public meetings as
landowner or technical advisor.
Negotiates property acquisitions and markets surplus development sites. Prepares detailed public information packages for marketing/tendering properties including property data (title, soils, building grades, development potential) and terms of sale/lease. Responds to all development inquiries and evaluates
submitted offers or tenders.
The project management of the design and construction of commercial leasehold space in non-market developments on City owned land and performs related work and other duties as assigned.
Qualifications / Required Skills
University graduation in Urban Land Economics or related discipline and/or a Post-graduate degree in Business
Administration, professional experience in the property development field, or an equivalent combination of education
Knowledge, Skills and Abilities:
Thorough knowledge of property values, real estate market conditions and trends, lending and development practices, valuation methodology and investment analysis. Ability to perform development appraisal tasks and to negotiate with property owners and developers for community and heritage bonuses, the acquisition, development and sale of land.
Ability to exercise a high degree of judgement and independence in performing the work. Knowledge of the development permit and rezoning processes, functions of development related boards/panels, the City by laws (including zoning and development, ODPs, subdivision and parking), bonusing policies/methodology, etc.
Considerable knowledge of the activities of various City departments relating to property and development matters.
Ability to interpret and apply regulations and guidelines to analyze major development/rezoning applications and to recommend alternatives if problems are encountered. Ability to establish and maintain effective and working
relationships with members of the business community and with representatives of other civic departments and government agencies.
Ability to prepare comprehensive reports and Council Reports on property and development
Professional Membership in the Real Estate Institute of B.C, Appraisal Institute of Canada or the Royal Institution of Chartered Surveyors is an asset.
A valid B.C. driver's license is required. the license must not include any restrictions that would affect the ability to legally and safely carry out job responsibilities. Transportation arrangements must meet the requirements of the department.
We thank all applicants for their interest. However, only those selected for an interview will be contacted.
Salary: $45.51 to $53.83 per hour
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Real Estate and Facilities Management - Real Estate