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Development Executive

Mortenson
Minneapolis, United Statesfull_timeVerifiedPosted 23 Oct 2024

About the role

M. A. Mortenson Company (Mortenson) is a privately held, fast-growing organization that tackles    some of the most complex real estate and construction challenges in North America. Headquartered in Minneapolis, Mortenson has a network of offices across the nation, including locations in Denver, Chicago, Milwaukee, Nashville, Portland, Phoenix, Salt Lake City, Seattle, and Washington DC. The $5B revenue company employs 6,500 construction, real estate, and facility professionals, and craft workers, and has been growing consistently through strategic expansion of services and the continued success of its traditional construction business.

Mortenson’s business is guided by its purpose and mission: Building for the Greater Good and create an exceptional customer experience. Grounded in its values of Trust, Responsibility, Safety, Teamwork, Service, and Stewardship, the Company has been named one of the Best Places to Work in Minnesota for over ten years running and is the recipient of numerous awards for quality, safety, and innovation. Mortenson is recognized as a leader in its industry and in the communities where the Company operates.

At Mortenson, we are on a mission to create an inclusive culture that values the diversity of every team member. We know that our teams are rich with unique talents, skills, and experiences; and that to be at their absolute best, we must appreciate and leverage the individual capabilities of each team member.

Mortenson Development, Inc. (MDI) is the real estate development arm of Mortenson’s business, offering a comprehensive set of expertise to create and facilitate the development of projects while increasing value for customers and investors. MDI partners across the value chain to align facilities solutions, financial opportunities, and business needs.

MDI is seeking a dynamic thought leader in the real estate industry to support the strategic vision, long-term growth, and continuous development of client relationships in the Upper Midwest. This leader will be responsible for executing new development across Minnesota, Wisconsin, Iowa, North Dakota and South Dakota with a focus on asset classes that include Industrial, medical, residential and emerging markets, as applicable.

We are consistently ranked as a top integrated developer and builder throughout the country in industries that include industrial, medical, residential, hospitality, and mixed-use properties. MDI provides comprehensive turnkey solutions, including strategic planning, site/asset acquisition, tenant procurement, financial feasibility, debt, and equity sourcing, government entitlement processes, and design and construction oversight that help customers and investment partners navigate the complexity of the commercial real estate industry.

Notable Recent MDI Projects Include:

  • Edith Hotel (Phoenix, AZ)
  • Motto by Hilton (Nashville, TN)
  • Astera/CentraCare Health Cancer Center (Wadena, MN)
  • Theory Madison Student Housing (Madison, WI)
  • Confidential Data Center Customer (MN)
  • 3083 Walnut Office (Denver, CO)
  • Revival on Platte Apartments (Denver, CO)

Mortenson’s Development Executive will be responsible for supporting the creation and execution of innovative development opportunities while generating superior returns by possessing a thorough understanding of market forces, a deep commitment to value creation, and unwavering dedication to an exceptional customer experience. The Development Executive will broaden MDI’s brand as a partner to investors, customers, and the community.

The incumbent in this role will report to and receive oversight from MDI’s Vice President of Development and will work closely with Mortenson’s senior and executive leadership teams.

Market Strategy

  • Implement a development strategic plan for the business:
    • Understand the market and how to capitalize on new development opportunities using a creative and entrepreneurial approach.
    • Working collaboratively with operating group leaders ensures a consistent market strategy across regions.
  • Network with landowners, customers, architects, brokers, financial institutions, and other leaders in the market to gather market data.
  • Provide Company management with information regarding current market conditions, including supply, demand, and competitor activity.

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Company

Mortenson

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