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Practice Group Co-Lead, Transit-Oriented Real…
- WSP USA (Chicago, IL)
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This Opportunity
Leverage your experience to help transit agencies and local governments move Transit-Oriented Development (TOD) projects from the planning stage into the real world. Be an interdisciplinary leader, managing project teams that bring together financial analysts, urban designers, architects, legal compliance professionals, land use planners, and grant funding experts to bring client opportunities to market, execute joint development agreements and real estate transactions, and maximize their financial returns.
Lead large-scale, complex projects by clearly communicating contributor roles and deadlines, preparing and managing project budgets, monitoring both internal and external activities, tracking hours and expenses, ensuring performance standards and profitability, and overseeing subcontractors, external stakeholders, contract assignments, and staff.
Take responsibility for identifying and developing business opportunities across North America, particularly those of significant scale. Leverage relationships with peers in transportation services as well as leads generated by your WSP colleagues. Coordinate business development efforts with specialists in urban design, planning, cost estimation, economics and finance, organization management, and public-private partnerships governance to identify opportunities, build client relationships, and deliver comprehensive services to clients.
Take a leadership role in WSP’s Real Estate Economics and Finance Advisory Group, which assists clients with maximizing the value of their land, buildings, properties, and parking lots. This frequently involves working with transit agencies, municipalities, and property owners on making the most out of transit-oriented development opportunities by advising them on how to make changes to zoning and land use policies, joint development partnership structures, and transportation services in order positively affect the potential value of future projects and find new sources of revenue.
Your Impact
+ Provide proactive and strategic process and people leadership for the design, implementation, and administration of projects concerning real estate transactions with a public-sector principal in the Transit-Oriented Development and Real Estate Finance discipline, including senior leadership for proposals and project work scopes, pricing, budget, and performance metrics.
+ Guide the development and execution of real estate development strategies that align with agency objectives and community interests. Prepare and deliver reports, recommendations, and transaction summaries to clients’ organizational management, elected officials, and/or governing boards.
+ Advise clients on comparative pros and cons of leveraging surplus land sales, ground leases, joint development vehicles, public-private partnerships, build-to-suit, and leasing space, based on their project goals, current market conditions, and local site and legal characteristics.
+ Model exemplary “trusted advisor” service and provide future-focused solutions to clients. Monitor project schedules, budgets, and deliverables, coordinating with legal, financial, and technical teams as required. Ensure profitable management and successful completion of individual projects within the assigned area.
+ Develop and implement long-term strategies for growth and pipeline advancement in Advisory Services for WSP within designated areas, emphasizing land value opportunities across all sectors, including transportation, buildings, energy, water, environment, and power.
+ Leverage expertise and relationships to market knowledge and capabilities and development new clients and projects.
+ Assist in preparing annual updates to tactical business action plans.
The Consulting Services the Real Estate Economics and Finance Advisory Group Provides:
+ Real Estate Economics and Market Analysis: Comparative market analysis that reveals hyper-local and specific information about real estate submarkets.
+ Financial Architecture, Asset Monetization, Value Capture: Develop ongoing and self-perpetuating revenue streams by leveraging markets and land value increases driven by transit investment.
+ Financial Feasibility, Incentives, and Funding Sources: Leverage up-to-date market information to compare costs and revenues top understand the economic feasibility of market rate development.
+ Real Estate Acquisition Management Planning: Organize and manage the process of obtaining easements, partial takings, acquisitions, and eminent domain actions in compliance with USDOT guidelines.
+ Buildings Portfolio Real Estate Financial Analysis: Optimize the financial performance of the real estate portfolio or an specific development.
Who You Are
Required Qualifications
+ Advanced proficiency and proven experience in the areas of due diligence, procurement strategy, alternative delivery methods, and/or transaction structure.
+ 10+ years of relevant experience at a transportation agency or other municipal government entity, including acting as principal on real estate transactions.
+ Strong leadership and team management skills.
+ Excellent communication and interpersonal skills.
+ Ability to build and maintain strong client relationships.
+ Strategic thinker with the ability to develop and implement effective plans.
+ Proven track record of upholding workplace safety and ability to abide by WSP’s health, safety and drug/alcohol and harassment policies.
+ Occasional travel may be required depending on project-specific requirements.
+ Supervisory and/or management experience on real estate sales and/or joint development projects.
+ Knowledge and application of land value capture methods such as TIF financing,
Preferred Qualifications:
+ Master’s Degree is preferred.
WSP Benefits:
WSP provides a comprehensive suite of benefits focused on a providing health and financial stability throughout the employee’s career. These benefits include coverage related to medical, dental, vision, disability, and life; retirement savings; paid sick leave; paid vacation (or other personal time); paid parental leave; and paid time off for purposes of bereavement, voting, and/or attendance at naturalization proceedings.
Compensation:
Expected Salary (all locations): $122,700 - $218,680
WSP USA is providing the compensation range that the company in good faith believes it might pay and offer for this position, based on the successful applicant’s education, experience, knowledge, skills, abilities in addition to internal equity and specific geographic location. WSP USA reserves the right to ultimately pay more or less than the posted range and offer additional benefits and other compensation, depending on circumstances not related to an applicant’s sex or other status protected by local, state, and/or federal law.
Expected Salary (Colorado only): $122,700 - $205,260
WSP USA is providing the compensation range that the company in good faith believes it might pay and/or offer for this position within the state of Colorado, based on the successful applicant’s education, experience, knowledge, skills, and abilities in addition to internal equity and specific geographic location. WSP USA reserves the right to ultimately pay more or less than the posted range and offer additional benefits and other compensation, depending on circumstances not related to an applicant’s sex or other status protected by local, state, and/or federal law.
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About WSP
WSP USA is the U.S. operating company of WSP, one of the world's leading engineering and professional services firms. Dedicated to serving local communities, we are engineers, planners, technical experts, strategic advisors and construction management professionals. WSP USA designs lasting solutions in the buildings, transportation, energy, water and environment markets. With more than 15,000 employees in over 300 offices across the U.S., we partner with our clients to help communities prosper.
www.wsp.com
WSP provides a flexible and agile workplace model while meeting client needs. Employees are also afforded a comprehensive suite of benefits including medical, dental, vision, disability, life, and retirement savings focused on providing health and financial stability throughout the employee’s career.
At WSP, we want to give our employees the challenges they seek to grow their careers and knowledge base. Your daily contributions to your team will be essential in meeting client objectives, goals and challenges. Are you ready to get started?
WSP USA (and all of its U.S. companies) is an Equal Opportunity Employer Race/Age/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Disability or Protected Veteran Status.
The selected candidate must be authorized to work in the United States.
NOTICE TO THIRD PARTY AGENCIES:
WSP does not accept unsolicited resumes from recruiters, employment agencies, or other staffing services. Unsolicited resumes include any resume or hiring document sent to WSP in the absence of a signed Service Agreement where WSP has expressly requested recruitment/staffing services specific to the position at hand. Any unsolicited resumes, including those submitted to hiring managers or other business leaders, will become the property of WSP and WSP will have the right to hire that candidate without reservation – no fee or other compensation will be owed or paid to the recruiter, employment agency, or other staffing service.
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