Development Estimator

Job Title: Development EstimatorPosition SummaryQualifications, skills, and all relevant experience needed for this role can be found in the full description below.The Development Estimator is responsible for preparing accurate conceptual, schematic, and detailed cost estimates for commercial real estate development projects. This role supports the development team by providing cost analysis during underwriting, design, and pre-construction phases to ensure project feasibility, budget alignment, and informed decision-making. The ideal candidate combines strong construction knowledge with a development-oriented mindset and the ability to estimate with limited design information.Key ResponsibilitiesCost Estimating & BudgetingPrepare conceptual, schematic, and detailed construction cost estimates for ground-up and redevelopment projectsDevelop and maintain project budgets from feasibility through construction documentationPerform quantity takeoffs and pricing based on drawings, specifications, and conceptual narrativesEvaluate alternative design and construction approaches to optimize costsPre-Development & Feasibility SupportSupport development underwriting by providing early-stage cost models and assumptionsAssist with pro forma development, cost benchmarking, and sensitivity analysisIdentify cost risks, escalation factors, and contingenciesDesign & Consultant CoordinationCollaborate with architects, engineers, and development project managers during design phasesReview consultant drawings and specifications for cost impacts and constructabilityTrack design changes and update estimates accordinglyVendor & Market AnalysisSolicit and analyze subcontractor, vendor, and contractor pricing as requiredMaintain up-to-date knowledge of material, labor, and market cost trendsDevelop and maintain cost databases and benchmarking toolsReporting & DocumentationPrepare clear cost reports, summaries, and presentations for internal stakeholdersAssist with value engineering exercises and cost reconciliationSupport pre-construction handoff to construction and project management teamsQualifications & ExperienceBachelor's degree in Construction Management, Engineering, Architecture, or related field (preferred)5+ years of experience in estimating, pre-construction, or development cost analysisExperience with commercial real estate projects (office, retail, industrial, or mixed-use)Strong understanding of construction methods, materials, and pricing xijylhu Ability to estimate with incomplete or conceptual design informationTechnical SkillsProficiency with estimating and takeoff software (e.g., Bluebeam, On-Screen Takeoff, PlanSwift)Strong Excel skills and familiarity with development budgets and pro formasExperience working with project management platforms (e.g., Procore) a plusPreferred QualificationsExperience working for a developer, GC, or design-build firmKnowledge of value engineering and life-cycle cost analysisStrong analytical, organizational, and communication skillsWork EnvironmentOffice-based with collaboration across development and construction teamsOccasional site visits and consultant meetingsPay Range: $70,000 - $100,000

Created: 2026-03-28