Prologis, Inc. is the global leader in logistics real estate. In partnership with our customers and our communities, we develop modern, high-quality properties that set the standard for innovative building design and sustainability. Prologis owns or has investments in properties and development projects of ~1.2 billion square feet in 19 countries and enables 2.8% of the world's GDP. We have committed to achieve net zero emissions by 2040. Beyond real estate, our Essentials platform optimizes the company's global asset portfolio to provide our customers solutions that address today's warehouse and shipping challenges. Prologis Ventures invests in logistics innovation and technology companies to modernize supply chains worldwide.
Job Title:
VP, Development (Construction)
Company:
Prologis
Vice President, Development
A day in the life
Prologis is seeking a Vice President, Development for our California Bay Area markets. This position takes responsibility for managing development activities for land and building developments including site pursuit, land due diligence, entitlement, design and construction of industrial / warehouse facilities (both speculative and build-to-suit) for ground-up projects in those markets.
This individual will manage and drive a team of engineers, consultants and development professionals to ensure successful navigation through the entire development process, providing cost and budget information for investment memos, co-lead entitlement strategy with our investment teams, as well as optimize designs and contractor bidding.
This role is unique in its scale and potential to impart a lasting positive impact on the Bay Area landscape. The ideal candidate will lead the redevelopment effort on some of Prologis's key and strategic land holdings in the San Francisco Bay Area including large sites in Santa Clara, San Francisco and Richmond. The ideal candidate will drive enhanced project types with long entitlement and redevelopment time-lines, eg. Masterplan Redevelopments and Infrastructure, Mixed Use, Multi-story Industrial, Mission Critical Facilities, Data Center, Life Sciences, Lab, etc. Your ability to establish a strategic vision and work toward long-term goals will be key.
The position requires a high degree of energy, enthusiasm, outgoing personality, technical competence and professionalism. The position is preferred to reside in our Milpitas and/or San Francisco office and interact daily with Prologis Development, Capital Deployment, and Market Operation teams. The position reports to the VP, Development Officer - Northern California.
Key responsibilities include:
Work closely with capital deployment team members to execute pursuit projects as well as manage and deliver high profile BTS, strategic land development and complex inventory projects.
Develop budgets, define risks and track costs, both hard and soft, for land, infrastructure, and building construction for build-to-suit and speculative developments.
Develop, tender and manage a variety of sizes of projects ranging from $100M to $1B in development cost.
Lead a team of consultants and contractors to obtain the regional capital deployment goals and objectives.
Respond to build-to-suit or leasing RFP's by establishing site plans and floor plans, proposed specifications, construction budgets, and schedules. Establish, plan, and participate in regularly scheduled development meetings to communicate the company's expectations and oversee the timely completion of milestones set forth in the each of the contemplated developments.
Ensure internal and external customer satisfaction and exceed customer's expectations on each project.
Research design, construction alternatives, and value engineering opportunities that will drive innovation in Prologis' developments without compromising functionality or life cycle costs.
Key success factors include the active mentoring and management of a best-in-class development team, partnering with market deployment teams, enabling excellent communication with regional stakeholders, positive contributions to our company culture, and innovation and implementation of development best practices.
Building blocks for success
Minimum of 10 years' experience in a similar role working in the field of Real Estate Development, Civil Engineering, Architecture, or Construction Management.
Computer proficiency: MS Project, BlueBeam, Google Earth, in addition to normal Microsoft Office tools.
Ability to travel up to 20% of the time within markets.
Bachelor of Science in Construction Management, Architecture, or Engineering (Civil or Structural) is preferred, or equivalent experience.
Experience in Bay Area industrial development, land municipal approvals, and construction.
Combination of experience as project manager with a general contractor/ A&E / owner representation preferred.
Experience on BIM projects is desirable but not required.
Self-motivated with ability to multi-task and prioritize with minimal direction.
Excellent written and verbal communication skills.
A professional license (Engineer, Architect, etc.) is desirable but not required
Promote a positive, can-do attitude with a real focus on Customer satisfaction, efficiency, and effectiveness.
Be able to have fun!
Hiring Salary Range of: $178,000.00 - $244,000.00. Salary and whole compensation package (bonus target & LTI) to be determined by the candidate's location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.
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People First
Each of us working at Prologis plays an essential role in the enduring success of our company. We value people who are decisive, courageous and adaptable. While we are one company, locations and departments operate with autonomy and accountability. Individuals take the initiative here.
When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career. Every employee belongs. Every employee contributes. Employees advance their careers here.
As a successful global enterprise, Prologis has never lost sight of what matters most, our strong belief that our people are the most important part of our business. And because of that, we provide a generous total rewards package and take a lot of time to focus on quality management and leadership development. People come first here.
All full-time roles in the US come with a robust benefits package which includes healthcare, dental, and vision insurance for employees and eligible dependents. Prologis also offers several other wellness, financial, and work/lifestyle-specific benefits. Our 401(k) retirement plan has a company match of 50% up to 12% of eligible compensation. We also offer generous PTO with a starting accrual of 22 days a year in addition to paid holidays and volunteer time.
All job offers are contingent upon successful completion of background verification. Prologis is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religions, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.
