Development Manager

About the role

Career Opportunity: Pre-Development Manager, Self-Storage

About Terrace Group Holdings

Terrace Group Holdings is a Los Angeles-based real estate development firm dedicated to the acquisition, entitlement, and construction of Class A, climate-controlled self-storage assets in California. The company concentrates its efforts on Southern California, targeting markets with the highest development barriers. Its operational model is characterized by a founder-led, lean structure where every team member possesses direct access to decision-makers and a clear line of sight into the firm's strategic direction. The firm maintains an active development pipeline valued at over $50 million currently under construction, with a strategic target to expand this to $60 million or more in new annual development. TGH's methodology emphasizes disciplined site selection, mastery of municipal entitlements, and hands-on project management to generate risk-adjusted returns in a market experiencing significant institutional consolidation.

Position Overview

This role reports directly to the Director of Acquisitions & Development, or Managing Partner, and is pivotal in shepherding self-storage projects from initial concept through the complex entitlement process. The successful candidate will own the pre-development phase, orchestrating the intricate workflow required to secure necessary permits and approvals. This involves acting as the central liaison between internal stakeholders, external consultants, municipal agencies, and third-party vendors. The position demands rigorous oversight of project schedules and budgets to ensure alignment with investor objectives and firm standards. The ideal candidate will not only navigate the regulatory landscape but also proactively shape project timing and compliance to ensure storage plans meet stringent council requirements. This is a founder-led environment where individual contributions have a direct and measurable impact on the company's growth trajectory.

Key Responsibilities

• Strategic Project Intake: Analyze mapping and intake data to evaluate and recommend viable storage project opportunities across Southern California cities.
• Entitlement Leadership: Draft comprehensive project plans that translate storage development goals into compliant proposals that satisfy city council expectations and regulatory standards.
• Consultant Coordination: Manage and synthesize input from a diverse network of consultants, transforming site-specific data into cohesive and persuasive entitlement materials.
• Stakeholder Advocacy: Lead negotiations and communications with city officials and agencies to secure storage-specific approvals, while meticulously tracking and responding to all municipal feedback.
• Schedule Governance: Implement and guard project timelines, ensuring that each storage build progresses efficiently through the city's approval and construction phases despite potential obstacles.
• Financial Oversight: Develop and manage detailed budgets for pre-development and entitlement phases, ensuring all storage project costs remain within established financial parameters.
• Internal Communication: Provide regular, clear updates to partners and leadership regarding project status, risks, and key decisions to facilitate timely and informed strategic choices.
• Document Management: Maintain exhaustive records of all permit applications, communications, and approvals to create a streamlined file for future review and audit of storage sites.

Required Qualifications

• Proven Experience: A minimum of three years of professional experience in real estate development, project management, or a closely related field, with a focus on development or entitlements.
• Regulatory Acumen: A thorough understanding of the regulatory frameworks, zoning laws, and approval processes specific to self-storage development within Los Angeles and surrounding municipalities.
• Analytical Proficiency: Demonstrated comfort working with complex project numbers, financial data, and detailed project documentation related to storage developments.
• Development History: A portfolio of prior storage project examples is essential to demonstrate the ability to manage and successfully navigate similar development challenges.

Preferred Qualifications

• Market-Specific Experience: Prior involvement in developing climate-controlled storage structures within high-competition, high-barrier Southern California markets.
• Technical Proficiency: Familiarity with advanced project management and tracking software platforms commonly utilized by large-scale real estate firms.

Core Competencies and Tools

Success in this role hinges on a deep, practical knowledge of self-storage development principles and practices. This expertise is the foundation for daily decision-making and problem-solving. also, a sophisticated understanding of local city rules and permitting procedures is critical for accelerating the storage project's progress and overcoming regulatory hurdles efficiently.

Practical Information

Please refer to the official application portal for complete details regarding compensation, benefits, and the full application process. All discussions regarding the role should be directed through the designated hiring channels.