Tesla is seeking a Development Manager with well-rounded expertise to play a key role in the company's continued growth apart of the self-development initiative. You will be responsible for sourcing and executing acquisition development for Sales, Service, Delivery, Collision, and Warehousing projects across the United States. You will also collaborate cross functionally with internal teams including Legal, Finance, Design, and Construction and external partners including sellers, brokers, and land use attorneys.
This role can be located anywhere in the US to work onsite at the closest Tesla Sales, Service and Delivery location.
Responsibilities - Lead deal engagement, negotiation and closing of real estate sites, both Letter of Intent and Purchase and Sale Agreement
- Manage the entitlement, due diligence, and construction processes to ensure all risks are identified and quantified so the project is delivered on time
- Responsible for executing and managing full development budgets for projects ranging from $15M-25M in total
- Work cross-functionally to develop project schedule and development budget. Track hard and soft project costs. Work cross-functionally with other internal and external teams, including Design, Construction, Real Estate, Legal, Economic Development, Public Policy, and Planning, to inform a regional real estate development strategy
- Determine land values in the specific market by checking like property sales by means of public records, developers and other professional affiliates. Assist in land development pro-forma evaluation on site development cost, construction cost, or other related project expenses
- Partner with the local jurisdiction and participate in any local meetings and hearings relating to these projects
- Build and lead teams of vendors, consultants, and contractors to support acquisition, entitlements, and delivery. Communicating project entitlement status across many teams and management levels
Requirements - Bachelor's degree in relevant area of study (Real Estate, Economics, Finance, Engineering), or equivalent experience
- Minimum 5 years of commercial real estate development experience
- Understanding of real estate financing, principles and of legal terms specific to Real Estate
- Experience with municipal planning and zoning procedures required
- Experience with title work due diligence required
- Ability to pivot based on shifting priorities. Proven verbal and written communication skills
- Sensitive to confidential or proprietary information
Compensation and Benefits Benefits
Along with competitive pay, as a full-time Tesla employee, you are eligible for the following benefits at day 1 of hire:
- Aetna PPO and HSA plans > 2 medical plan options with $0 payroll deduction
- Family-building, fertility, adoption and surrogacy benefits
- Dental (including orthodontic coverage) and vision plans, both have options with a $0 paycheck contribution
- Company Paid (Health Savings Account) HSA Contribution when enrolled in the High Deductible Aetna medical plan with HSA
- Healthcare and Dependent Care Flexible Spending Accounts (FSA)
- 401(k) with employer match, Employee Stock Purchase Plans, and other financial benefits
- Company paid Basic Life, AD&D, short-term and long-term disability insurance
- Employee Assistance Program
- Sick and Vacation time (Flex time for salary positions), and Paid Holidays
- Back-up childcare and parenting support resources
- Voluntary benefits to include: critical illness, hospital indemnity, accident insurance, theft & legal services, and pet insurance
- Weight Loss and Tobacco Cessation Programs
- Tesla Babies program
- Commuter benefits
- Employee discounts and perks program