Richard Choi Email & Phone Number

Chicago, Illinois, US

Chicago, Illinois, US

• Led entitlement and design management efforts for multifamily, build-for-rent, and opportunity zone developments in the Phoenix market totaling 800 units.
• Refined building product designs through heavy collaboration with development, construction, and asset management teams.
• Monitored and maintained relationships with municipalities to expedite approvals and reduce onerous project requests or timelines.
• Maintained project budgets and schedules.
• Coordinated stakeholder reporting

Kenosha, WI, US

• Supervised team of design managers and design coordinators on a variety of multifamily project types: new construction, renovations, historic and low income housing tax credit.
• Collaborated with development, construction, and asset management teams to optimize building designs.
• Supervised value-engineering efforts to maximize and balance tax credit scoring opportunities with construction costs.
• Procured and negotiated all architect and engineering contracts.
• Reviewed and approved contractor change order requests.
• Applied cost forecasting to inform early programming/schematic design decisions.

Menomonee Falls, Wisconsin, US

• Oversaw architecture-engineering operations from entitlement to construction for nationwide multifamily developer (3000-4000 new apartment units annually).
• Led design collaboration efforts with all stakeholders (market research, development, construction, property management, and executive teams).
• Designed workforce housing product which resulted in average per-project cost savings of 15%.
• Procured and supervised architects and engineers with regional adaptations for brand compliance and cost-containment efforts.
• Integrated modular building design and IOT initiatives to address affordability and remote management of company portfolio.
• Negotiated national vendor account rebate programs which consistently produced over $350,000-$500,000 in annual incentives.

• Business Development, Consulting, and General Contracting Services - Midwest Region.
• Acquired over $1M in exterior renovation accounts in first year of business during recession (residential, hospitality, and assisted living sectors).
• Supervised all IL and WI new business development and construction operations.
• Implemented all marketing, staffing, and green building consultancy initiatives.
• Managed all municipal engagements.

• Led New England multifamily construction operations.

• Led business development and estimating teams to procure new contract awards in the multifamily, restaurant, health club, retail, and office sectors.
• Supervised luxury midrise multifamily operations

US

• Led all IL and WI midrise multifamily development operations (sales, construction, architecture, and marketing teams).
• Exceeded company-budgeted profit projections by an average of $1.6M for three consecutive years.
• Negotiated $1.35M in value-engineering benefits with City planning commission for two multifamily communities.
• Managed multiple sales teams who closed 290(midrise and townhome) units in three years, with a 45% increase in sales prices by project closeout.
• Maximized revenues by calibrating price-product positioning, sales velocities, and introducing new townhome products.
• Negotiated all General Contractor agreements for select multifamily developments.

Chicago, Illinois, US

• Performed project management, finance, and market research functions for midrise, multifamily and mixed-use developments.
• Produced all proformas, budgets for all investor offering memorandums and lender proposals.
• Determined optimal financing structures from prospective lenders.
• Cross-analyzed competition against third-party market research to confirm adequate price-product positioning and new development opportunities.

Bachelor Of Science Architecture, Architecture

Mba, Master Of Architecture