What are the responsibilities and job description for the VP of Land Development position at KB Home?
About KB Home
KB Home is one of the largest and most recognized homebuilders in the United States and has built over 650,000 quality homes in our more than 60-year history. Today, KB Home operates in 45 markets from coast to coast. What sets KB Home apart is the exceptional personalization we offer our homebuyers from those buying their first home to experienced buyers allowing them to make their home uniquely their own, at a price that fits their budget. As the leader in energy-efficient homebuilding, KB Home was the first builder to make every home it builds ENERGY STAR® certified, a standard of energy performance achieved by fewer than 10% of new homes in America, and has built more ENERGY STAR certified homes than any other builder. An energy-efficient KB home helps lower the cost of ownership and is designed to be healthier, more comfortable and better for the environment than new homes without certification. We build strong, personal relationships with our customers so they have a real partner in the homebuying process. As a result, we have the distinction of being the #1 customer-ranked national homebuilder in third-party buyer satisfaction surveys. Build your career with KB Home. Learn more.
JOB SUMMARY: The VP of LD is a key role intended to drive the feasibility, permitting, & development process. After the acquisition team contracts for a new deal, the VP will manage the forward planner to initiate and complete all necessary due diligence and helps prepares Land Packages for the purposes of securing all corporate approvals, entitles all communities post Land Committee approval, and successfully steers new communities through the kick off and new community opening process.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
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Acquisition Due Diligence- Initiate and complete all necessary due diligence, including oversight of engineering and other consultants. This includes:
- Review and approve fee & tech and development budgets for new properties
- Review and develop project timelines for new community openings
- Review, analyze, and summarize all risks, i.e.; environmental, political, entitlement, engineering, and/or development related
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Tract Acceptance and Bond Exoneration:
- Schedule and participate in municipal inspections to achieve final acceptance of improvements,
- Address municipal punch-list items for tract acceptance,
- Follow-up with municipal agencies to obtain final sign-off letters for bond exoneration, and
- Participate in bond exoneration meeting as necessary.
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Engineering and Forward Planning Consultants- manage the efforts of the external team of consultants and internal employees during the entitlement process for all communities post Land Committee approval. This includes:
- Contract and management of consultant teams to design all aspects of new communities.
- Management of the submittal process from preliminary through final plat
- Preparation and management of schedules associated with the entitlement process
- Update and manage the forward planning tools such as Ant Tracks
- Preparation of reports and studies as may be required.
- Work jointly with the Land Development, Legal, Construction group in the review, design and evaluation of all land planning activities
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Land Entitlement and Government Approvals- drive the legal process of obtaining approvals for development plans. This includes:
- Review and processing of land use changes, zoning changes, preliminary & final plat approvals, etc
- Work with staff and elected bodies to manage approval process.
- Presentations to governmental councils, commissions and division meetings.
- Creating and managing relationships with governmental agencies
- Preparation of and negotiating municipal annexation and development agreements.
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Bidding & Contract Management:
- Prepare Bid Form, Bid Spread, Bid Analysis & Recommendation for Bid Award to the VP of LD for Approval,
- Contracting Drafting & Administration
- Review and approve subcontractors’ and consultants’ progress billings,
- Review and negotiate subcontract change order requests and provide recommendation for approval or denial,
- Provide cost impact to budget due to change orders and run the monthly land development budget update meeting
- Provide projection of upcoming extra work and report to the VP of LD the cost impact to the budget at all times.
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Community Hand Off and Kick-off- successfully steer new communities through the hand off to Land Development through kick off and new community opening process. This includes:
- Upon Land Committee approval of an acquisition, oversee and drive a hand-off meeting to transfer knowledge gained during due diligence and entitlement to the related team members
- Maintain interaction with the New Community Team through Grand Opening, to ensure all commitments made during due diligence and Land Committee conditions of approval are delivered.
Education:
- Bachelor’s Degree required; Engineering Degree and Master’s Degree preferred.
- Must have 6-8 years of experience, including at least 3 years of land development or planning related experience.
- Technical expert of environmental planning, master planning, platting, and development processes required.
- Strong analytical, organizational and communication skills required.
- Strong market and financial analysis experience
- Proven strength in management, interpersonal and presentation skills
Find out why KB Home is attracting and retaining the best employees! If you are interested and qualified, please apply now. KB Home provides above average compensation packages and earnings potential, full benefits, an outstanding 401K matching program, bonus plans and amazing promotional opportunities. KB Home is an equal opportunity employer committed to hiring a diverse work team. Diversity is important to KB Home!
