The Director of Real Estate and Business Development reports to the Chief Executive Officer and manages the Port’s mixed use and non-marine terminal industrial properties. This position provides strategic oversight of real estate management and transactions, and lease negotiations for the Port. The Director is also the Port executive primarily responsible for the economic development of the Port District and increasing the profitability of Port properties and assets while contributing to the economic growth of Snohomish County.
Essential Job Duties
- Function as a member of the Executive Group, providing policy and strategic guidance to the CEO and Port employees with a focus on enhancing the Port’s economic and business environment in alignment with the Port’s Strategic Plan.
- Collaborate with the Executive Group in the formulation and management of the Port’s annual operating and capital project budgets in support of the responsible properties portfolio.
- Supervise assigned staff ensuring that they are provided the opportunity to work in a positive, team-oriented environment.
- Manage the activities of Real Estate and Business Development staff in negotiating, planning, developing and maintaining assigned facilities and properties, striving for a high level of utilization and ROI.
- Prepare and administer the department's operating and capital budgets, ensuring that staff stays within these budgets, implementing cost control measures as necessary.
- Recommend the acquisition and disposition of real estate properties ensuring adherence to the Port’s master plan and Comp Scheme. Negotiate, develop and execute complex real estate transactions, delegating routine transactions as appropriate.
- Lead the Port’s economic development programs, plans and policies, including the economic development element of the Port’s Strategic Plan concentrating on: Retention and expansion of existing business and industry, Attraction of new business and industry, Promotion and maintenance of a healthy business climate, and Acquisition of new properties for port development.
- Serve as the Port’s initial point of contact for entities and individuals desiring to develop or expand business opportunities with the Port. Coordinate inquiries from new business or industry with partner organizations to provide direction and support.
- Analyze, recommend and implement solutions to complex, high impact economic development policy issues.
- Collaborate with regional leaders to establish strategic growth priorities, and to plan the essential facilities, land and other physical assets in support of those priorities. Identify innovative funding solutions for these priorities, including grants, to advance Port economic plans and opportunities.
- Direct special projects as assigned. Coordinate project teams and direct consultants to gain optimal results consistent with the Port’s strategic objectives.
Capital Project Planning and Property Development:
- In conjunction with the Chief of Engineering and Planning (E&P) develop and recommend capital investment and facilities plans and budgets as they relate to the development and expansion of the Port’s economic interests.
- Oversee the identification, assessment, development, and long-term strategies for business and industrial sites on Port property. Implement existing properties plans for strategic sites as acquired for development.
- Identify and negotiate land acquisitions or sales that meet the requirements of the Port’s economic development plan. Oversee development, management, and leasing of properties, including temporary use agreements, concessions, and licensing/vendor agreements.
- Work closely and collaboratively with the Marina to ensure the upland and in-water assets are functioning as one economic unit.
- Oversee planning efforts with E&P on property master plans and entitlements.
- Represent the Port in activities for the promotion of the economic well-being of the Port and community. Develop and maintain effective relations with applicable governmental, civic, business, and labor officials. Serve as the Port’s representative on economic development initiatives, including Cascade Industrial Corridor and Industrial Development District activities.
- Identify and promote key economic industry sectors within port growth areas of Snohomish County; develop strategies to build these sectors.
- Coordinate agency coordination for the Jetty Landing and other Port properties between the city, county and port.
- Prepare and deliver informational presentations to businesses, agencies, and groups regarding economic development issues as requested.
- Work with the Public Affairs department to develop and implement communications and marketing strategies to promote the Port as a destination location for tourism, business and industry, including the development of initiatives to promote the waterfront as a year-around destination.
- In conjunction with the Public Affairs staff, create economic development marketing and information reporting programs.
Preferred Work Experience:
- Fifteen (15) years progressively responsible experience in economic development, business recruitment, international business and trade activities, intergovernmental operations, or a related field.
- Experience working with public boards or commissions and community groups.
Preferred Knowledge, Skills & Abilities:
- Master’s Degree in a related field, such as public administration, real estate development or business.
- CED certification from the International Economic Development Council.
- Knowledge of the principles and practices of economic development, political processes, intergovernmental affairs and public administration.
- Current knowledge of issues and trends related to economic development theory and practice with Economic Development Finance Professional Certification.
- Certified PMI project manager or college certificate in project management.
- Possess and maintain a current United States passport.
- Ability to obtain and maintain a Transportation Worker Identification Credential (TWIC).
- Possess a valid driver’s license, and maintain insurability under the Port’s auto insurance plan.
- Respond to evening, night and or weekend concerns/needs as required to fulfill position responsibilities.
Physical & Working Conditions:
Incumbents must be physically able to perform each essential duty of the position satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
Closing Date: Open until filled.
Hiring Range: $150,000 to $180,000, with an excellent benefits package.