Development manager

A development manager in the real estate sector is responsible for the progress and procurement of new property developments. They manage both new build and remodelling projects from conception through to completion.

Their key duties involve the management of land acquisition and planning issues, and responsibility for progress through the technical, legal, and financial stages of the development. As part of this, the development manager will be tasked with inspecting and appraising new land opportunities, reviewing and advising on redundant land in terms of redevelopment potential, completing acquisitions, providing technical advice, and liaising with architects and local authorities.

It is the development manager’s responsibility to negotiate purchases and sale of properties; overseeing the appointment of solicitors and external consultants where necessary.

The development manager should monitor the financial requirements of the development programme, and ensure forecasts are accurate and well-maintained.

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[edit] Related articles on Designing Buildings Wiki

• Commercial manager.
• Developer.
• Development appraisal.
• Estate agent.
• Placemaking.
• Project manager.
• Property development finance.
• Real estate investment trust.
• Site appraisal.
• Speculative construction.