Join Our Team

Planning/Entitlements:  Cause various studies of the master plan, research the various components, i.e. apartments, condominiums, flats, office buildings to determine the best and most effective sizing, designs, themes, services, do’s and don’ts with respect to the design issues. Secure all required entitlements, zone changes, variances and other approvals necessary to permit the intended development.

Design:  Working closely with the Vice President of Design and Construction, cause the orderly and effective design of the various components of the Ovation project, including the planning for the river frontage, recreational and entertainment events, public areas, hardscape, landscape, exterior décor, material selections, and other components unique to the project. Work with the architect to create project design standards, signage guidelines and other standards to ensure a uniform, cohesive project design.  Secure architects and engineers, negotiate best pricing and contracts, set schedules for design and engineering in concert with the master project plans, and value engineer in a collective way throughout the process with an eye to saving on each element that is within our control to manage and direct.

Construction: Working closely with the Vice President of Design and Construction, expedite the construction processes to ensure maximum effective and value centered construction of the various components of the project. This manager shall have primary responsibility for ensuring that best practices, best pricing, best value is secured in line with the financial goals and the overall financial plans on behalf of the ownership of the project.

Development RFPs:  To the extent the ownership elects to have third party developers participate in certain components of the development, this individual shall assist with the preparation of RFQ’s and RFP’s for the use in the selection of qualified developer for those sections of the development.

Financial/Budget Management: Take responsibility for causing and updating in timely manner all financial plans, budgets, and overall project pro-proformas including , master budgets on construction and development related costs, individual project budgets, and cost schedules, and manage the project and people subordinate with respect to maintaining such costs, processes for change authority, limitations on authority, policies and practices.

Oversee the accounting processes provided by the Central Business Group of Corporex with respect to the Ovation project, ensure that all bills are appropriately scrutinized, timely processed and paid, and that the reports are accurate as well as timely.  Such reports will be incorporated into the comprehensive reporting assembled and presented by the Project Executive.

Schedules and Goals:   Take responsibility for setting dates , times, and goals for those who are reporting directly or indirectly to this manager, and cause regular meetings and communications, work sessions to ensure that such schedules and goals are being delivered to the best of people’s ability.

Property Management: Collaboratively work with and assist on delivering the property management functions of Ovation, such functions being provided by Corporex Central Business Group (“CBG”) property management department. Ensure efficient and prompt service to the Ovation customers, tenants, and Project Executive as may be directed or needed to ensure a high touch service is delivered.

Loans/Partnerships: Assist or take charge of loans and other financial instruments and partnerships: a) assist CBG on closing of loans, b) take charge of conducting and controlling all loan draw processes, c) assist with managing lender relationships, d) take charge of ensuring  compliance performance under the documents. Perform other functions that may be requested of this person with respect to investors and others who extend credit.

Tax Increment Financing (TIF): Work with the CBG to ensure the proper reporting required by all TIF Agreements and/or IRB Agreements and otherwise assist the CBG in the issuance of future TIF bonds for the project.

Prepare, or cause to be prepared, weekly and monthly reports as directed by the Managing Director.  Provide stipulated reports to the Project Executive.

Other: Assist the CFO and the capital staff as needed in securing financing. Assist the Project Executive in fulfillment of his/her role as the Lead Officer on the project, act in a team manner to support all elements and personnel who are involved in any way on the project.

What You Need For This Position:

• 7+ years’ experience in commercial development/construction.
• Proficiency in Excel software.
• Excellent communication skills with ability to make presentations to large groups.
• Strong leadership and a sense of urgency.
• Professional and proactive work ethic.
• Construction Management or finance degrees preferred.

 

About OVATION – The Opportunity
Ovation’s location and river views combined with an extraordinary public financing vehicle combine for a once in a lifetime development opportunity. It is a large and complex project that will require 7-10 years to achieve its full potential. It requires a very large and unusual front-end investment to build the parking garage platforms and streets, to rebuild the flood barrier, all necessary to allow for construction of buildings above. Corporex and its Principal is investing the necessary funds to build the platform provided there is in place a well-defined and articulated strategic development plan to recover funds in a reasonable time-period.

Scope of project:
The project involves development of a walking community comprised of the buildings shown on the master plan, activities along the riverbanks, a marina, and multiple community related activities and enterprises.

The project involves physical construction of a 2,500 automobile garage, three select hotels, sites for more than 400,000 sq. ft. of office buildings, and as many as 1,000 residential units consisting of mid- and high-rise apartments, condos and 88 “Boardwalk Residences” facing the river and Cincinnati Skyline. Moreover, the project involves more than 160,000 sq. ft. of retail and restaurant opportunities.

Phase I of this development is nearing completion and consists of The MegaCorp music pavilion, a 100,000 square foot office building, and a 134 room Homewood Suites Hotel all situated on top of a 570-car parking garage.

Phase II is well underway with completion before the end of the year of the 1,600-car parking garage and podium that will support the residential and retail uses above.

The Project involves over $1 Billion in potential development related revenues over a ten-year period. Such investment will be partially funded by Corporex and affiliates, and some by third party developers and office building owners. Thus, the project deserves to be treated as a distinct profit center, and to the greatest extent possible will employ an organization of people in a multitude of disciplines, including by way of example, marketing, sales, design, construction, finance, and property management, accounting, reporting, investor relations, community relationships, etc.