Job Title: Principal Property Development Officer
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 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.
The incumbent will manage major development projects from pre-solicitation planning through implementation. This role coordinates closely with internal BART stakeholders including engineering, maintenance, customer access, legal counsel, and executive leadership to advance projects aligned with BART's long-term strategic objectives developers. The position leads on communication and coordination with local jurisdictions and other public agencies and community stakeholders associated with any assigned TOD project.
This role will lead efforts to maximize the value and public benefit of BART-owned property while balancing operational needs, financial stewardship, sustainability goals, development principles, and community engagement.
Assignments may include public private partnerships to advance mixed-use development and affordable or mixed-income residential projects. Example assignments include, but are not limited to:
- Pre-solicitation planning and developer solicitation for sites prioritized in BART's 2024 TOD Work Plan
- Deal term negotiations with developers
- Oversight of approved TOD projects that are in construction
- Coordination with internal capital project leads and funding strategists and development partners on external grants (AHSC, TIRCP, etc.) to support TOD access infrastructure
The most qualified candidates for this position will have highly developed competencies in the following area, which will be reinforced with related work experience and will be clearly articulated during the selection process:
- Transit-oriented development and joint development strategy
- Complex negotiation and partnership management
- Public sector real estate development and land use planning
- Stakeholder engagement and community relationship building
- Financial analysis and development feasibility evaluation
- Coordination of development activities within active transit environments
- Policy interpretation and regulatory navigation
- Executive communication and strategic leadership
The San Francisco Bay Area Rapid Transit District is an equal opportunity employer. Applicants shall not be discriminated against because of race, color, sex, sexual orientation, gender identity, gender expression, age (40 and above), religion, national origin (including language use restrictions), disability (mental and physical, including HIV and AIDS), ancestry, marital status, military status, veteran status, medical condition (cancer/genetic characteristics and information), or any protected category prohibited by local, state or federal laws.
The San Francisco Bay Area Rapid Transit District (BART) prides itself in offering best in class benefits packages to employees of the District. Currently, the following benefits may be available to employees in this job classification. Highlights
- Medical Coverage (or $350/month if opted out)
- Dental Coverage
- Vision Insurance (Basic and Enhanced Plans Available)
- Retirement Plan through the CA Public Employees' Retirement System (CalPERS)
- Money Purchase Pension Plan (in-lieu of participating in Social Security tax)
- Deferred Compensation & Roth 457
- Sick Leave Accruals (12 days per year)
- Vacation Accruals (3-6 weeks based on time worked w/ the District)
- Holidays: 9 observed holidays and 4 floating holidays
- Life Insurance w/ ability to obtain additional coverage
- Accidental Death and Dismemberment (AD&D) Insurance
- Survivor Benefits through BART
- Short-Term Disability Insurance
- Long-Term Disability Insurance
- Flexible Spending Accounts: Health and Dependent Care
- Commuter Benefits
- Free BART Passes for BART employees and eligible family members.