Director, Real Estate Development

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We are a leading global real estate investor, developer and manager. We combine our capital with our capabilities to create real estate that strengthens economies and communities. By prioritizing people, partnerships and places, we generate meaningful returns for OMERS members, enhance value for our capital partners and create a brighter world for our customers.

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Oxford is seeking a highly motivated Development Director to join our Canadian Development team in Toronto. In this role, you will be responsible for leading the planning and execution of residential multi-family development projects, both for existing development opportunities and potential new acquisitions. This includes managing a team of internal stakeholders and external consultants throughout the design and construction phases, including municipal approvals (OPA, ZBA, SPA) and building permits. You will also oversee relationships with municipal officials, consultants, and contractors, while ensuring compliance with internal approval processes. Furthermore, you will be responsible for preparing project and schedules and maintaining relationships with co-owners and project partners.

Key Responsibilities:
Lead and manage the predevelopment/development phases of multi-family residential projects within Canada, coordinating internal and external meetings.

Obtain necessary municipal approvals, including Official Plan Amendments (OPA), Zoning By-law Amendments (ZBA), Site Plan Approvals (SPA), and Building Permits.

Manage and coordinate diverse teams of design and planning consultants, ensuring alignment with project objectives and timelines.

Oversee master-planned developments, ensuring successful execution in line with project economics and proforma inputs.

Collaborate with internal construction and asset management teams to achieve project objectives and timelines.

Build and maintain relationships with key external stakeholders, including co-owners, project partners, municipal officials, and contractors.

Oversee the preparation of financial models, including revenue assumptions, budgets for hard and soft costs, and development project schedules.

Prepare and present approval briefs and proposal scenarios to senior management, providing clear recommendations.

Produce quarterly and ad hoc reports on active projects, tracking financial and timing expectations.

Assist with market research, due diligence, and site acquisition for new development opportunities.

Stay informed on local trends and initiatives related to residential multi-family development in target markets.

Maintain an understanding of the regulatory environment (planning, transportation, environmental, building code) as it relates to current and potential residential projects.

Assist with the analysis of predevelopment design options, financial underwriting, and the preparation of investment approval memorandums and presentations.

Qualifications:
Proven track record managing larger-scale mixed-use residential multi-family development projects, with a minimum of eight (8) years of direct development management experience in the residential sector.

Strong experience in obtaining municipal approvals, including OPA, ZBA, SPA, and Building Permits.

Experience working within master-planned developments, managing diverse teams of design and planning consultants.

Strong understanding of residential design standards and general construction processes.

Excellent oral and written communication skills, with the ability to convey complex ideas to both technical and non-technical audiences.

Strong collaboration skills, with the ability to work with multiple stakeholder groups, both internal and external.

Strong decision-making, analytical, and project management skills.

Experience working with co-owners and project partners on large-scale developments.

Strong understanding of project economics, proforma inputs, and financial viability analysis.

Proficiency with project management software such as MS Project.

We believe that time together in the office is important for OMERS and Oxford, the strength of our employees, and the work we do for our pension members. In delivering on our pension promise, keeping us connected to our work and each other, our flexible hybrid work guideline requires teams to come into the office four (4) days per week, Monday through Thursday.

Oxford's purpose is to strengthen economies and communities through real estate.
Our people-first culture is at its best when our workforce reflects the communities where we live and work — and the customers we proudly serve.

From hire to retire, we are an equal opportunity employer committed to an inclusive, barrier-free recruitment and selection process that extends all the way through your employee experience. This sense of belonging and connection is cultivated up, down and across our global organization thanks to our vast network of Employee Resource Groups with executive leader sponsorship, our Purpose@Work committee and employee recognition programs.