VP, Construction & Development

• Join a dynamic and rapidly growing owner/developer!
• Senior leadership opportunity, excellent career growth!

About Our Client

Our client is the world's preeminent residential wellness and healthcare infrastructure company. Their portfolio of 1,500+ Seniors and Wellness Housing communities is positioned at the intersection of housing, healthcare, and hospitality, creating vibrant communities for mature renters and older adults in the United States, United Kingdom, and Canada.

The company's real estate portfolio is unmatched, located in highly attractive micro-markets with stunning built environments. Yet, they are an unusual real estate organization as they view themselves as a product company in a real estate wrapper, driven by relationships and unconventional culture.

Job Description

The Vice President of Construction and Development - Canada is a senior leader on the client's Development & Construction leadership team, responsible for projects across the full lifecycle, from site identification and underwriting through construction completion and community launch. The role spans development origination and construction execution, with accountability for delivering projects on time, on budget, and to quality standards expected by residents and operating partners.

This role sits at the intersection of development and construction and is central to the client's Canadian strategy across senior housing product types, including ground-up senior housing developments and active adult / 55+ communities. The role serves as a key counterpart to executive leadership and external partners, influencing how the Canadian portfolio is sourced, structured, and delivered.

Key Responsibilities

Strategic Leadership

• Provide leadership across development origination and construction execution, fostering accountability and disciplined execution.
• Align development, underwriting, and construction strategies with corporate objectives.
• Partner with executive leadership, investments, and the Development & Construction team on portfolio strategy.

Development Origination & Underwriting

• Identify, evaluate, and pursue development and major repositioning opportunities across Canadian senior housing markets.
• Provide constructability input into site selection, design, and product programming to optimize cost and yield.
• Support underwriting, pro forma development, sensitivity analysis, and forecasting with development and finance teams.

Entitlements, Partner Coordination & Deal Structuring

• Oversee entitlement, zoning, and permitting strategies to mitigate schedule and cost risk.
• Collaborate on joint venture, operating partner, and construction-related negotiations.
• Maintain relationships with operating partners, contractors, consultants, and regulatory agencies.
• Support capital structure decisions through construction input on phasing, lender requirements, and contingency planning.

Project Management & Construction Execution

• Lead planning, budgeting, and execution of developments from pre-construction through completion.
• Manage schedules, budgets, risks, and value engineering across multiple projects.
• Drive accountability for budget, schedule, procurement, and resource management KPIs.
• Lead procurement, purchasing, and cost optimization initiatives.
• Ensure compliance with quality, sustainability, and regulatory standards.

Team Leadership & Third-Party Management

• Lead and mentor project managers and development team members.
• Negotiate agreements with contractors, owner's representatives, and consultants.
• Represent the company in negotiations with operating, capital, and external partners.
• Identify and implement improvements in construction methodologies, technologies, and delivery models.
• Promote adoption of innovative construction techniques and digital tools.

MPI does not discriminate on the basis of race, religion, sex, sexual orientation, gender identity or expression, age, disability, marital status, or any status protected by applicable human rights legislation. MPI encourages applications from all qualified applicants.

MPI does not discriminate on the basis of race, religion, sex, sexual orientation, gender identity or expression, age, disability, marital status, or based on an individual's status in any group or class otherwise protected under applicable human rights legislation. MPI encourages applications from minorities, women, the disabled and all other qualified applicants.

The Successful Applicant

A successful Vice President, Construction & Development should have:

• Bachelor's degree in construction management, Engineering, Architecture, Real Estate, Finance, or a related field. MBA, MSRED, or other advanced degree preferred.
• 10+ years of progressive experience across real estate development and construction management, with demonstrated ownership of projects from origination through delivery. Candidates from primarily construction backgrounds should have meaningful exposure to development-side activities; candidates from primarily development backgrounds should have direct, hands‑on construction execution experience.
• Proven track record leading complex projects with individual budgets exceeding $50M.
• Senior housing, active adult / 55+, or mixed‑use residential product experience strongly preferred. Experience in the Canadian market is required.
• Strong working knowledge across the development lifecycle, including site evaluation, underwriting and pro forma development, entitlement and permitting strategy, design coordination, scheduling, budgeting, procurement, and construction methodologies.
• Experience contributing to or sponsoring projects through institutional Investment Committee or similar capital approval processes.
• Familiarity with operating partner and joint venture structures in real estate development.
• Proficiency in construction management software (e.g., Procore, Yardi, Bluebeam, Microsoft Project). Familiarity with real estate underwriting tools (e.g., ARGUS, Excel-based pro forma models) is a plus.
• Exceptional problem‑solving skills, with a proactive and strategic mindset.
• Demonstrated leadership ability to mentor teams, manage cross‑functional collaboration, and drive organizational growth in a fast‑paced environment.
• Applicants must be able to pass a pre‑employment drug screen.

What's on Offer

• Competitive Base Salary ($200,000 to $250,000 USD) + Annual Bonus
• Generous Paid Time Off and Holidays
• Employee Stock Purchase Program - purchase shares at a 15% discount
• Employer-matching RRSP Program
• Tuition Assistance Program
• Comprehensive and progressive Medical/Dental/Vision options
• Professional Growth
• Based Full Time in the Downtown Toronto office - monthly travel to the U.S. for board meetings, and occasional travel within Canada to various project sites