Salary: $120,130.00 – $150,000.00 Annually
Location : 10 Park Plaza, Boston
Job Type: Full-Time
Job Number: 23-19440
Department: MBTA – Real Estate & Asset Dev
Area: 731-Real Estate Administration
Opening Date: 06/26/2023
Closing Date: 7/10/2023 11:59 PM Eastern
Union Affiliation: Executive
Safety Sensitive: This is not a Safety Sensitive Position.
Essential Classification: This is a non-essential classification.
At the MBTA, we envision a thriving region enabled by a best-in-class transit system. Our mission is to serve the public by providing safe, reliable, and accessible transportation. MBTA’s core values are built around safety, service, equity, and sustainability and each employee that works for the MBTA performs their roles based on our vision, mission, and values. This includes attendance, participation, and contribution in local safety committee meetings as needed.
Job Summary
At the MBTA, we envision a thriving region enabled by a best-in-class transit system. Our mission is to serve the public by providing safe, reliable, and accessible transportation. MBTA’s core values are built around safety, service, equity, and sustainability and each employee that works for the MBTA performs their roles based on our vision, mission, and values. This includes attendance, participation, and contribution in local safety committee meetings as needed.
The Senior Director for Public-Private Partnerships will source, structure, underwrite, negotiate and manage public-private real estate development partnerships to deliver redevelopment projects incorporating both MBTA facilities and private residential and/or commercial buildings, on MBTA property or a combination of MBTA and private property. The Senior Director would work with the MBTA’s Office of Chief Engineer, Capital Delivery, Commercial Strategies and operating departments to determine MBTA requirements to be incorporated into these projects, to oversee the project design/design review process, and oversee the construction process; with the Environment Department, DOT and municipal/state/federal agencies on local, State and Federal environmental permitting processes; with the Legal and Procurement Departments to structure procurement processes consistent with MBTA/DOT authority; and with the General Manager’s Office on Legislative strategy to advance P3s. The position will coordinate with staff internally and relate externally to private sector consultants, development partners, designers and construction contractors.
Duties & Responsibilities
- With Chief/Deputy Real Estate officer and others, identifies best candidate properties for P3s that will improve, build or rebuild MBTA facilities as well as accommodate housing or economic development.
- Builds financial models to determine feasibility, and highest and best use. Engages Real Estate brokerage community to research market trends and market drivers.
- Establishes scopes and budgets, secures internal funding and
- Select and hire third party consultants, e.g., architects and engineers for project due diligence and conceptual design work.
- Working with consultants and the Office of Chief Engineer, Capital Delivery, Commercial Strategies and operating departments, determines MBTA requirements to be incorporated into these projects, establishes concept-level cost estimates.
- Joins Real Estate Industry organizations to network and present MBTA-owned properties for development opportunities.
- Working with the Legal and Procurement Departments, structures and manages P3 partner procurement processes consistent with MBTA/DOT authority.
- If required, coordinates with the General Manager’s Office on Legislative strategy to advance P3s.
- Manages selection of P3 partners, through rigorous public processes that may include RFQs, RFPs, and/or other instruments.
- Working with Chief/Deputy Real Estate Officer, the Legal Department and outside counsel/consultants, structures and negotiates term sheets, development agreements and leases that ensure delivery of both public and private project elements.
- Coordinates with MBTA’s Environment Department, MassDOT Office of Planning, GM’s Office and private P3 partners on local, State and Federal permitting processes, and community relations.
- Manages multi-departmental MBTA and private P3 partners’ coordination and approval processes through design, engineering, and contractor selection. Oversees budgets, force accounts, payment of review consultants.
- Oversees P3 partners’ construction processes in coordination with Capital Delivery’s TOD group.
- Perform all other duties and projects that may be assigned.
Additional responsibilities may include focus on one or more departments or locations. See applicable addendum for department or location specific functions.
Physical Demands and Working Conditions
- The physical demands and work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Available to work all shifts and locations as assigned or directed. Will include attendance at frequent public meetings that often occur outside of 9 to 5 work hours throughout the region.
- Available to work as per assignment by the MBTA twenty-four (24) hours per day, seven (7) days per week as directed by supervisory staff for severe weather conditions, emergencies or any other circumstances that may potentially impact service or the safety of service
- Have the ability to work any and all shifts and/or locations assigned or directed.
Job Conditions
- Adhere to rules, regulations, collective bargaining agreements (if applicable) and policies of the MBTA including the EEO, anti-discrimination, anti-harassment, and anti-retaliation policies.
- Ability to pass a Criminal Offender Record Information (CORI) check, background screening, and the MBTA’s medical requirements, including a physical examination and drug and alcohol screening.
- Have a satisfactory work record for the two (2) years immediately prior to the closing date of this posting, including overall employment, job performance, discipline, and safety records (infractions and/or offenses occurring after the closing of the posting and before the filling of a vacancy may preclude a candidate from consideration for selection).
The above statements are intended to describe the general nature and complexity of the work being performed by staff assigned to this job, and do not represent an exhaustive list of all duties, tasks, and responsibilities required of staff assigned to this position.
Minimum Requirements & Qualifications
- Bachelor’s degree from an accredited institution in planning, public policy, political science, real estate, environmental policy, or a related field.
- Ten (10) years’ experience managing design and development of large-scale mixed-use real estate projects, including programming/planning, underwriting, design, permitting and community relations, engineering and/or construction.
- Seven (7) years supervisor/managerial and/or leadership experience.
- Extensive knowledge of real estate project finance, development, and planning.
- Ability to work effectively independently with excellent interpersonal skills.
Substitutions Include
Substitutions Include:
- A Master’s degree in a related subject substitute for two (2) years of general experience.
Preferences Include:
- Five (5) years of this experience should be in the private sector.
- Three (3) years’ experience in public sector related to land-use planning or real estate development.
- Direct experience with Public-Private Partnerships.
- Strong writing and public speaking ability, analytical experience, and local real estate market knowledge.
- Motor vehicle driver’s license to attend municipal meetings.
Job Conditions:
- Ability to effectively comprehend, communicate, and respond to instructions, orders, signs, notices, inquiries, etc. in English
- Ability to provide internal and external customers with courteous and professional experiences
- Ability to work effectively independently and as part of a team (or supervise, if required)
- Ability to uphold the rights and interests of the MBTA while building and maintaining effective relationships with employees and co-workers
- Ability to adhere to rules, regulations, collective bargaining agreements (if applicable), and policies of the MBTA, including the EEO, anti-discrimination, anti-harassment, and anti-retaliation policies
- Have a satisfactory work record for the two (2) years immediately prior to the closing date of this posting (unless if recent graduate), including overall employment, job performance, discipline, and safety records (infractions and/or offenses occurring after the closing of the posting and before the filling of a vacancy may preclude a candidate from consideration for selection)
- Ability to pass a Criminal Offender Record Information (CORI) check, comprehensive background screening, and medical Clinic screening, potentially including a physical examination and drug and alcohol screenings
- Ability to work all shifts and / or locations assigned, directed, or necessary for this position, including (for some transit / operations roles) up to twenty-four (24) hours per day, seven (7) days per week as necessary to accommodate severe weather conditions, emergencies, or any other circumstances that may potentially impact service or the safety of service
Disclaimers and Definitions:
- General Disclaimer: The statements contained in this job description are intended to describe a summary, general nature, and complexity of typical job functions and do not represent an exhaustive list of all duties, tasks, and responsibilities required of staff assigned to this position.
- Work Environment: The physical demands and work environment characteristics described here-in are representative of those an employee may encounter while performing the essential functions of this job. Reasonable accommodations can be made to enable individuals with disabilities to perform essential functions. See job description for role-specific requirements.
- Work Eligibility: Although the MBTA is an Equal Opportunity Employer, all employees must be legally authorized to work in the United States on an unrestricted basis (the MBTA does not sponsor non-US citizens). However, if you have an unrestricted work authorization, or sponsored by a separate entity, you are welcome to apply for open positions. International students taking part in CPT / STEM / OPT programs through a university are eligible for internships and co-ops with the MBTA. In compliance with federal law, all persons hired will be required to complete a Form I-9 to verify their identity and eligibility to work in the U.S.
- Safety Sensitive Positions: Employees working in this classification will be subject to periodic physical examinations plus random drug and alcohol testing.
- On-call or 24/7 Positions: Employees working in this classification must be available to respond to page / text / call and report to work as determined by assigned department or the Authority.
- Essential / Emergency Staff: During declared “states of emergency,” employees working in this classification are required to report to work for their assigned work hours or as directed by management.
Employment Benefits at the MBTA
The MBTA offers comprehensive benefits packages to employees. Types of benefits offered at the MBTA are subject to the union affiliation / Collective Bargaining Agreement (CBA) of the position to which you apply. Benefits that may apply to your position include the following:
- Insurance: Health, Dental, Vision, Life (basic and supplemental), Long-Term Disability
- Paid Time Off (PTO): Vacation, Personal Days, Sick Leave, Paid Holidays
- Retirement: pension or deferred compensation 401(a), plus MBTA contributions
- Tuition Reimbursement (up to $10,000 per year)
- Public Service Loan Forgiveness (PSLF) for student loans
- Commuter Choice Parking Program: pre-tax benefits for parking
- Flexible Spending Account (FSA): pre-tax benefits for healthcare-related expenses
- Discounted tickets for concerts, movies, travel / vacation, etc. via TicketsAtWork.com
- Shopping discounts via GovX.com
- Verizon and AT&T service discounts
- And more…
The above information is meant to be a general overview of the benefit programs offered by the MBTA. This summary is not a contract andis not meant to change the provisions of union contracts or Authority policy and does not establish a binding past practice.
The MBTA is an Affirmative Action/Equal Opportunity Employer
01
If you have a college degree, what was your field of study?
- I do not have a college degree
- Business degree
- Engineering degree
- Construction Management
- Urban Studies
- Project Management
- Other
02
What is the highest level of education you have completed?
- I did not attain a high school diploma or equivalent.
- High School Diploma or Equivalent
- Associate’s Degree
- Bachelor’s Degree
- Master’s Degree or higher
03
Do you have a Bachelor’s degree from an accredited institution in planning, public policy, political science, real estate, environmental policy, or a related field AND ten (10) years’ experience managing design and development of large-scale mixed-use real estate projects, including programming/planning, underwriting, design, permitting and community relations, engineering and/or construction OR a Master’s degree with eight (8) years of the above experience?
- Yes
- No
04
Based on your last answer, please describe the specific experience from your work history that led you to select that answer.
05
Do you have seven (7) years supervisor/managerial and/or leadership experience?
- Yes
- No
06
Based on your last answer, please describe the specific experience from your work history that led you to select that answer.
07
(Preferred) Do you have experience in any of the following areas:• Five (5) years of this experience should be in the private sector.• Three (3) years’ experience in public sector related to land-use planning or real estate development• Direct experience with Public-Private Partnerships• Strong writing and public speaking ability, analytical experience, and local real estate market knowledge• Motor vehicle driver’s license to attend municipal meetings.
- Yes
- No
08
Based on your last answer, please describe the specific experience from your work history that led you to select that answer.
Required Question