Development Construction Manager
Prime Group Holdings, LLC - New York City, NY
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Prime Group Holdings, LLC, a vertically-integrated private equity real estate firm focused on self storage and other alternative real estate asset classes, has an exciting opportunity for a talented Development Construction Manager to join its team.With $6.6 billion in assets under management, Prime Group is one of the largest private owners and operators of self-storage properties in the world, owning and operating over 310 self-storage assets in 28 states, two Canadian provinces and the U.S. Virgin Islands containing over 23 million rentable square feet. The firm manages three flagship funds on behalf of a global investor base, including the largest self-storage dedicated fund ever raised, Prime Storage Fund III.Headquartered in Saratoga Springs, NY, Prime Group has more than 700 employees. The firm has a regional office in Jupiter, FL and investment originations offices in Denver, CO, Hackensack, NJ, Yorktown, VA and Calgary, Alberta. Prime Group's 21-person senior leadership team is supported by teams including sourcing and acquisitions, asset and portfolio management, compliance/legal, property management, information technology, transactions/financing, marketing, accounting and training, among others.Prime Group's success is built on a culture of respect, teamwork, business ethics, accountability and persistence. The company deeply values the strong relationships it has built with its customers, employees, investors and stakeholders. Pitchbook, a leading resource for comprehensive data, research and insights spanning the global capital markets, named Prime Group as one of the top 10 real estate value-add fund managers in Pitchbook's 2023 Global Manager Performance Score League Tables.Position Overview:The Development Construction Manager will oversee ground-up construction and conversion projects in the commercial, self-storage, and retail sectors. This role requires a highly skilled professional who can manage projects from pre-construction through completion while maintaining cost efficiency, quality control, and schedule adherence. The ideal candidate will have a strong technical background in estimating, contract negotiations, site management, and procurement.Essential Responsibilities:Prepare detailed cost estimates and perform quantity take-offs.Develop and manage the invitation to bid process, including identifying qualified subcontractors and suppliers.Review and analyze bids, conduct negotiations, and oversee buyout processes to ensure cost-effective solutions.Negotiate and execute contracts with subcontractors and vendors, ensuring compliance with project scope and budget.Strong understanding of AIA contract formats and the ability to manage contracts from execution to closeout.Prepare and process AIA Pay Applications and other project financial documentation.Ensure contract compliance, risk mitigation, and proper documentation for all project stakeholders.Lead construction activities from groundbreaking through project completion.Read and interpret blueprints, construction drawings, and specifications to ensure project accuracy and compliance.Coordinate with architects, engineers, subcontractors, and local officials to resolve design and permitting issues.Oversee on-site activities, ensuring adherence to safety regulations, quality standards, and project timelines.Identify and mitigate potential risks that could impact schedule, budget, or quality.Serve as the primary point of contact for owners, architects, engineers, and subcontractors.Maintain excellent organization skills to track project milestones, documentation, and reporting requirements.Provide regular progress updates to senior management and stakeholders.Foster strong relationships with vendors, contractors, and regulatory authorities.Qualifications:5+ years of experience in commercial construction project management, preferably in self-storage and retail sectors.Strong knowledge of ground-up construction and conversion projects.Expertise in estimating, take-offs, bid management, contract negotiation, and buyout processes.Proficiency in reading and interpreting blueprints and construction documents.Experience managing AIA contracts, AIA Pay Applications, and project financials.Strong site management experience with the ability to travel as required.Proficiency in construction management software (Procore, Bluebeam, AutoCAD, MS Project, or similar).Excellent technical knowledge, problem-solving abilities, and decision-making skills.Exceptional organization, time management, and communication skills.Familiarity with local building codes, zoning laws, and permitting processes.Experience managing multiple projects simultaneously in a fast-paced environment.Strong negotiation skills with subcontractors, suppliers, and vendors.Equal Opportunity Employer Statement:Prime Group Holdings is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.
Created: 2025-03-01