The Capitol Area Development Authority (CADA) is located in California’s capital city, Sacramento. California's sixth largest city, the City of Sacramento boasts a citywide population of just over a half million residents and more than 2.1 million residents countywide. As one of the fastest growing regions in the United States, Sacramento’s residents enjoy professional ballet, opera, theater, outstanding museums, one of the best small zoos in the county, the NBA’s Sacramento Kings, and the AAA baseball team River Cats. Each year the City hosts a variety of recreational, entertainment, and cultural activities.
CADA’s Board of Directors seeks an Executive Director to serve as the Chief Executive Officer and manage the five service units of the Authority: Administration, Asset Management, Property Management, R Street Project Area, and Development. The Capitol Area Development Authority is a public agency charged with creating new urban infill housing, managing residential and commercial properties owned by the state, and enhancing the State Capitol environment. CADA functions much like a private property management and development company. It is a “joint powers authority,” created by a partnership between the California State Department of General Services and the City of Sacramento. The Executive Director reports directly to the Board of Directors, which consists of two State of California appointees, two City of Sacramento appointees, and one member appointed by the Board.
The Capitol Area Development Authority is seeking candidates who pride themselves on being consensus builders and who possess a collaborative approach to working with others. Strong candidates will have a commitment to CADA’s role in mixed-use urban redevelopment and will motivate others through the use of creativity and high ethical standards. Those with exceptional experience in commercial and property redevelopment, especially in regard to initiating and collaborating with public and private partnerships on redevelopment projects will be most competitive. Candidates who have the ability to develop a vision of Sacramento’s downtown commercial and residential property market and to strategize with stakeholders to achieve that objective are particularly desired. The Board of Directors of CADA offers an exceptional opportunity to lead the implementation of CADA’s compelling urban vision. The base salary range is $139,368-$209,040 and there are excellent benefits.
If you are interested in this outstanding opportunity, please visit our website at www.bobmurrayassoc.com to apply online. If you have any questions, please do not hesitate to call Joel Bryden at (916) 784-9080. Filing Deadline: November 9, 2022