Director Development - Commercial Office

Qiddiya Investment Company

Posted 30+ days ago

|The job is old & position might be filled

Experience

10 - 12 Years

Job Location

Riyadh - Saudi Arabia

Education

Any Graduation()

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities


Key Responsibilities
  • Responsible for overseeing the development and execution of assigned commercial office assets within allocated districts / precincts at Qiddiya
  • Lead commercial office assets through their development gateways and ensure the competed asset represents regional and global best practice.
  • Ensure each assigned office asset has an identified tenant customer(s) and a value which is aligned with the Qiddiya Purpose.
  • Responsible for protecting the value of Qiddiya s Office investment for assigned assets, maximizing returns (financial and non-financial), and managing relationships with key internal and external stakeholders.
  • Create value and alignment with the Qiddiya Purpose / DNA and the respective asset demand drivers / associated IP s.
  • Assist to assemble, lead, and manage a team of professionals involved in the development lifecycle including delivery partners, architects, engineers, project managers, and other specialist consultants.
  • In conjunction with the DFA team, manage the preparation of financial feasibility studies underpinned by qualitative market research and benchmarking.
  • Develop comprehensive strategies for office development, considering factors such as market demands, market competition, regulatory frameworks, the financial feasibility and overall business plans of Qiddiya.
  • Oversee the entire development process within approved KPIs from initial concept and architectural planning to construction, FF&E procurement and pre-opening preparations until handover to the appointed Asset Management and Property Management teams.
  • Oversee the close out of all defects.
  • Develop and manage project budgets, ensuring cost-effective development and adherence to financial targets.
  • Ensure compliance with City frameworks, local regulations, building codes, and industry standards.
  • Familiarity with building codes, permits, and other regulatory requirements is essential.
  • Identify and manage project development risks and challenges through robust mitigation strategies.
  • Analyse and interpret data from third party consultants to ensure alignment with industry standards and identify discrepancies.
  • Prepare regular reports and presentations for key stakeholders, senior management, and the Board, providing updates on project progress, financial performance, and market trends.
  • Work closely with Qiddiya s delivery teams for the development and construction of the assigned office assets.

Desired Candidate Profile

  • Bachelor s degree in construction or project management, Business Administration, Real Estate Development, or a related field. Advanced degree (MBA, Master's) preferred.
  • 10 years+ proven experience in end-to-end office development, with a track record of successful project delivery.
  • Strong understanding of the commercial office sector, including market trends, customer preferences, and operational requirements.
  • Excellent analytical, financial, and negotiation skills, with the ability to assess opportunities and make data-driven decisions.
  • A deep understanding of financial modelling, budgeting, forecasting, and securing financing.
  • Familiarity with building codes, permits, and other regulatory requirements.
  • Familiar with value engineering techniques to help optimize costs without compromising on quality, efficiency, or functionality in design and construction phases.
  • Strong leadership and team management skills, with the ability to motivate and inspire a diverse team of professionals.
  • Excellent communication and interpersonal skills, with the ability to build relationships and negotiate effectively with internal and external stakeholders.
  • Fluency in English is required, proficiency in Arabic is a plus.
  • Willingness and ability to travel is required.
  • The opportunity to be part of one of Saudi Arabia s most ambitious city developments.
  • A role dedicated to a specific residential asset type, allowing you to build deep expertise in your area.
  • A fast-paced, high-impact environment where strategic thinking and execution excellence are highly valued.
  • Collaboration with global industry leaders in real estate development, architecture, and planning

Company Industry

  • Entertainment
  • Recreation
  • Theme Parks

Department / Functional Area

  • Engineering

Keywords

  • Director Development - Commercial Office - SPA 229

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Qiddiya Investment Company

https://apply.workable.com/qiddiya-investment-company-1/j/04D43F5EF7/