Job Description

Job Description

About Velocity

The Velocity Companies is a dynamic real estate development firm specializing in transformative, community-centered projects that enhance quality of life and support inclusive growth. We focus on revitalizing emerging and underserved markets through developments that create jobs, stimulate economic advancement, and expand access to essential services. Our portfolio spans multifamily housing, mixed-use spaces, and urban infill developments across the Washington DC metropolitan area. From concept to completion, we collaborate with municipal partners, investors, and community stakeholders to deliver projects that provide lasting economic, social, and environmental value.

Overview

We are seeking a Development Manager who thrives in the details and plays an active role in moving projects forward from day one. This role leads multifamily developments from early planning through completion, with a focus on precise scheduling, budget control, and regulatory compliance. You will be deeply involved in the work itself, keeping schedules tight, budgets accurate, and all moving parts coordinated. The position requires someone who is equally comfortable in the office managing documents and reports as they are on-site working with construction managers, consultants, and municipal staff. The right candidate will have a proven track record of delivering results, the foresight to anticipate challenges before they become problems, and the initiative to refine processes that make each project more efficient and effective.

Responsibilities

• Develop and maintain project schedules using Critical Path Method (CPM) tools to ensure milestones are met
• Oversee project budgets and financial tracking, including invoices and loan draws in line with agreements and lender requirements
• Coordinate across construction managers, consultants, trades, and agencies to keep work aligned and compliant
• Provide clear monthly progress reports to executives, investors, and capital partners
• Ensure compliance with all planning, permitting, and zoning requirements in DC, Maryland, and Virginia
• Identify risks early and implement solutions to protect timelines and budgets
• Lead projects from pre-construction through closeout, maintaining accountability for quality, cost, and schedule
• Introduce or refine project management tools, templates, and workflows to improve efficiency
• Support reporting and documentation processes that meet equity partner and lender expectations

Qualifications

• Bachelor’s degree in real estate, construction management, architecture, engineering, or related field. Master’s or MRED preferred
• Minimum of 5 years’ experience managing multifamily development projects in the DMV area
• Proficiency in CPM scheduling, project controls, and financial tracking
• Demonstrated ability to deliver projects on time and within budget in a growth-stage or entrepreneurial environment
• Experience creating or refining project processes and systems
• Strong organizational skills and a proactive, hands-on approach to management
• Excellent communication skills for engaging executives, lenders, municipal agencies, and community groups
• Ability to manage multiple priorities in a fast-paced environment with evolving needs

Bring This With You

• A positive, solutions-focused mindset that keeps projects moving forward even when challenges arise
• Professional presence and the willingness to represent Velocity in meetings with municipal staff, investors, and community members
• The ability to communicate with confidence, clarity, and respect in every interaction
• A natural or intentional habit of fostering good energy in the room, whether through a smile, a supportive comment, or a collaborative approach
• Extensive experience managing projects from planning to completion, with a deep understanding of urban infill sites and multifamily development
• The discipline to manage details without losing sight of the big picture
• The ability to prepare and update development proformas in a timely manner
• Reliability and follow-through, ensuring commitments are met without reminders
• Adaptability to work within a growth-stage environment where systems are evolving and solutions may need to be built as we go
• Commitment to continuous learning and improving both your own skills and our company processes

What We Offer

Velocity offers a competitive base salary, performance incentives, and a comprehensive benefits package that includes medical, dental, and vision coverage, paid time off, paid holidays, and professional development opportunities. We foster a collaborative culture that values execution, accountability, and continuous improvement, giving you the opportunity to directly shape how we deliver projects and grow as a company.

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