Vice President of Construction & Development

HPI is a full-service commercial real estate firm serving Austin, San Antonio, Dallas, Fort Worth, and Houston with over 30 years of experience developing, managing, and investing in commercial real estate. This 360-degree perspective gives us the expertise to maximize investment value while navigating any real estate challenge. Backed by the best staff in the industry, our mission is to build trusting relationships with our clients through proven results, professional integrity, and exceptional service.

The Vice President of Construction and Development is responsible for providing strategic leadership and operational oversight for HPI’s commercial construction, redevelopment, tenant improvement, and development activities. This position oversees projects from initial planning, budgeting, and feasibility through design, permitting, construction, and final delivery, ensuring projects are completed on schedule, within budget, and in accordance with HPI’s quality standards and investment objectives.

The Vice President works closely with executive leadership, asset management, property management, leasing, finance, architects, engineers, general contractors, municipalities, legal counsel, and other stakeholders to execute construction and development strategies that enhance property value, support tenant satisfaction, and advance HPI’s business objectives.

• Develop and implement construction and development strategies aligned with HPI’s corporate objectives and real estate investment plans.
• Provide leadership, direction, and oversight to construction and development personnel, project managers, and external project partners.
• Establish departmental goals, performance standards, project controls, and reporting procedures.
• Evaluate staffing needs, organizational structure, resource allocation, and opportunities to improve departmental efficiency.
• Provide executive leadership with regular updates regarding project performance, capital requirements, risks, and strategic opportunities.

• Oversee commercial construction, ground-up development, redevelopment, renovation, capital improvement, and tenant improvement projects.
• Manage the full project lifecycle, including feasibility analysis, due diligence, design development, budgeting, permitting, bidding, procurement, construction, and project closeout.
• Establish project schedules, budgets, milestones, quality standards, and performance expectations.
• Monitor project progress and implement corrective action when schedule, budget, quality, or scope objectives are at risk.
• Coordinate project handoffs to property management and ensure appropriate documentation, warranties, training, and operational readiness.
• Ensure construction activities are coordinated with leasing brokers, tenant occupancy expectations, building operations, and existing property requirements.
• Attend sales pitches and strive to earn external business.

• Prepare and oversee project budgets, construction cost estimates, cash flow projections, and capital expenditure forecasts.
• Review and approve project proposals, change orders, contractor pay applications, purchase orders, and other expenditures within delegated authority.
• Monitor project costs, contingencies, commitments, and forecasted costs to complete.
• Identify cost-saving opportunities and value-engineering alternatives without compromising safety, functionality, or quality.
• Partner with finance, accounting, asset management, and investment teams to evaluate project returns, financial feasibility, and capital allocation.
• Provide…