Vice President of Development - Twin Cities

Vice President Of Development

Join a growing, entrepreneurial real estate investment platform. Significant autonomy with direct access to senior leadership.

About Our Client

Our client is a well-capitalised real estate investment and development platform focused on delivering high-quality multifamily communities in strategic growth markets across the United States. Backed by experienced leadership and a strong track record of execution, the organisation combines an entrepreneurial culture with institutional discipline, offering the opportunity to make a meaningful impact while helping shape the future growth of a rapidly expanding platform.

Job Description

The Vice President of Development will report directly to the senior leadership team and serve as the market lead for the Twin Cities region. This role will focus on sourcing new opportunities, advancing development projects, and building key market relationships.

• Lead sourcing efforts throughout the Minneapolis-St. Paul metropolitan area, building a robust pipeline of multifamily development opportunities.
• Develop and maintain relationships with landowners, brokers, municipalities, utility providers, and development consultants.
• Monitor market conditions, entitlement trends, zoning activity, and competitive developments to identify strategic opportunities.
• Underwrite development opportunities, conduct due diligence, and present investment recommendations to senior leadership.
• Negotiate land acquisitions and development agreements while coordinating with legal, engineering, and consulting partners.
• Oversee entitlement, design coordination, and pre-construction activities through key development milestones.
• Act as the senior market representative, enhancing the firm's local profile and supporting continued platform growth.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

For the Vice President of Development we are seeking:

• 10+ years of multifamily development experience within the Twin Cities market.
• Demonstrated success sourcing, underwriting, and executing multifamily development projects.
• Strong understanding of local municipalities, entitlement processes, zoning requirements, and development stakeholders.
• Advanced financial modelling and underwriting skills with the ability to assess opportunities from both strategic and execution perspectives.
• Experience negotiating complex real estate transactions and development agreements.
• Proven ability to manage consultants, design teams, entitlement processes, and early-stage project execution.
• Entrepreneurial mindset with the ability to operate independently in a lean, high-accountability environment.
• Strong relationship-building and communication skills with the credibility to represent the organisation externally.
• Bachelor's degree in Real Estate, Finance, Construction Management, Urban Planning, or a related discipline preferred.

What's on Offer

• Competitive base salary commensurate with experience.
• Attractive performance and deal-sourcing bonus structure.
• Flexible senior title potential for highly experienced candidates.
• Comprehensive benefits package.
• Significant autonomy and decision-making authority.
• Opportunity to build and lead a key market for a growing development platform.
• Long-term career progression into broader regional or executive leadership responsibilities.