Director Development - Commercial Office - SPA 229
- Qiddiya Investment Company
- الرياض السعودية
- Full-time
وصف الوظيفة
Qiddiya Investment Company is looking for a highly skilled and strategic Director of Development - Commercial Office to lead the development of modern and innovative commercial office spaces within our transformative urban landscape. This role is pivotal in our vision to create a vibrant business ecosystem that attracts local and international businesses, contributing to Qiddiya’s status as a premier destination in Saudi Arabia.
Key Responsibilities
- Responsible for overseeing the development and execution of assigned commercial office assets within allocated districts / precincts at Qiddiya
- Lead commercial office assets through their development gateways and ensure the competed asset represents regional and global best practice.
- Ensure each assigned office asset has an identified tenant customer(s) and a value which is aligned with the Qiddiya Purpose.
- Responsible for protecting the value of Qiddiya’s Office investment for assigned assets, maximizing returns (financial and non-financial), and managing relationships with key internal and external stakeholders.
- Create value and alignment with the Qiddiya Purpose / DNA and the respective asset demand drivers / associated IP’s.
- Assist to assemble, lead, and manage a team of professionals involved in the development lifecycle including delivery partners, architects, engineers, project managers, and other specialist consultants.
- In conjunction with the DFA team, manage the preparation of financial feasibility studies underpinned by qualitative market research and benchmarking.
- Develop comprehensive strategies for office development, considering factors such as market demands, market competition, regulatory frameworks, the financial feasibility and overall business plans of Qiddiya.
- Oversee the entire development process within approved KPIs from initial concept and architectural planning to construction, FF&E procurement and pre-opening preparations until handover to the appointed Asset Management and Property Management teams.
- Oversee the close out of all defects.
- Develop and manage project budgets, ensuring cost-effective development and adherence to financial targets.
- Ensure compliance with City frameworks, local regulations, building codes, and industry standards.
- Familiarity with building codes, permits, and other regulatory requirements is essential.
- Identify and manage project development risks and challenges through robust mitigation strategies.
- Analyse and interpret data from third party consultants to ensure alignment with industry standards and identify discrepancies.
- Prepare regular reports and presentations for key stakeholders, senior management, and the Board, providing updates on project progress, financial performance, and market trends.
- Work closely with Qiddiya’s delivery teams for the development and construction of the assigned office assets.
إمتيازات الوظيفة
- The opportunity to be part of one of Saudi Arabia’s most ambitious city developments.
- A role dedicated to a specific residential asset type, allowing you to build deep expertise in your area.
- A fast-paced, high-impact environment where strategic thinking and execution excellence are highly valued.
- Collaboration with global industry leaders in real estate development, architecture, and planning
متطلبات الوظيفة
- Bachelor’s degree in construction or project management, Business Administration, Real Estate Development, or a related field. Advanced degree (MBA, Master's) preferred.
- 10 years+ proven experience in end-to-end office development, with a track record of successful project delivery.
- Strong understanding of the commercial office sector, including market trends, customer preferences, and operational requirements.
- Excellent analytical, financial, and negotiation skills, with the ability to assess opportunities and make data-driven decisions.
- A deep understanding of financial modelling, budgeting, forecasting, and securing financing.
- Familiarity with building codes, permits, and other regulatory requirements.
- Familiar with value engineering techniques to help optimize costs without compromising on quality, efficiency, or functionality in design and construction phases.
- Strong leadership and team management skills, with the ability to motivate and inspire a diverse team of professionals.
- Excellent communication and interpersonal skills, with the ability to build relationships and negotiate effectively with internal and external stakeholders.
- Fluency in English is required, proficiency in Arabic is a plus.
- Willingness and ability to travel is required.