Principal Property Development Officer

Marketing Statement

Ride BART to a satisfying career that lets you both: 1) make a difference to Bay Area residents, and 2) enjoy excellent pay, benefits and employment stability. BART is looking for people who like to be challenged, work in a fast paced environment, and have a passion for connecting over 400,000 daily riders to work, school and other places they need to go. BART offers a competitive salary, comprehensive health benefits, paid time off, and the CalPERS retirement program.

Pay and Benefits

BART offers comprehensive compensation and benefits programs. Benefits include CalPERS pension; excellent medical (effective January 1, 2019 current employee cost $147.14 monthly for most plans), vision, and dental coverage; supplemental insurances; paid holidays and vacation; as well as two investment programs, one of which is entirely funded by BART. BART does not participate in Social Security. Complimentary BART passes for employee and qualifying dependents.

Pay Rate

$116,268.33/annually - $151,148.73/annually (AFSCME Band H)

Posted Date

March 8, 2019

This announcement will be used to establish a pool of eligible candidates for vacancies that may occur within the next 12 months.

Closing Date

March 22, 2019

Current Assignment

The ideal candidate will:

• Coordinate solicitations and negotiations with developers, including working with BART’s General Counsel to advance legal real estate agreements (Exclusive Negotiating Agreements, Lease Options, Estoppels and others)
• Collaborate with other BART departments impacted by BART’s TOD projects, including Planning, Customer Access, Maintenance and Engineering, Safety, and BART Police, among others
• Develop and maintain relationships with local jurisdiction partners
• Be part of the team implementing Assembly Bill 2923 (2018, Chiu/Grayson) and SB 35 (2017, Weiner)
• Deepen BART’s knowledge and engagement with external funding and financing sources for TOD, including state housing and infrastructure funds, county and regional funds, Low Income Housing Tax Credits, New Markets Tax Credits, Opportunity Zones, and Enhanced Infrastructure Finance Districts (EIFDs)

Minimum Qualifications

Education:

A Bachelor’s degree in business administration, public administration, property development or a closely related field from an accredited college or university.

Experience:

Four (4) years of (full-time equivalent) verifiable professional experience in the areas of acquisition, appraisal, disposal, or management of real property.

Other Requirements:

Must possess a valid California driver’s license and have a satisfactory driving record.

Substitution:

Additional professional experience as outlined above may be substituted for the education on a year-for-year basis. A Bachelor’s degree is preferred.

Application Process

Applicants may only apply online, at www.bart.gov/jobs. Applicants needing assistance with the online application process may receive additional information by calling (510) 464-6112.