Our client has an immediate need for a Director of Development in Chicago, IL. The Company’s regional shopping centers are destinations for retail, lifestyle, dining, entertainment and so much more. The Director of Development oversees one or more small/medium scale development or redevelopment projects. This individual will work closely with management and leasing colleagues to optimize project program and maximize project financial success.
Assists in the program development for new projects
Explores opportunities for development or enhancement of projects
Establishes and directs project teams
Coordinates outside resources (architects, consultants, engineers, and contractors)
Prepares approval & bottom-line responsibility for budgets and pro forma
Obtains approvals and work with governmental entities
Assist the Vice President with department store negotiations and approvals
Reviews all pro forma and cash flow analyses
Responsible for monthly updates to executives of status on responsible development projects
Prepares other financial analysis
Interviews and hires new employees as requested
May supervise and manage support staff as assigned
Acts as a liaison between asset management, finance, accounting, and development on the project status.
Participates in developing and monitoring project budgets
Represents development on inter-departmental task force(s) as requested (chargeable hours, lease tracking system, etc.)
Participates in special projects as requested by Senior Vice President of Asset Management, Development.
Other duties as assigned
Bachelor's degree required; MBA desired
7 years of direct experience preferred
Overall understanding of all disciplines, including leasing, construction, and operations
Supervisory experience preferred
Ability to lead the project team
About Poline Associates
Poline Associates is an international executive search firm specializing in the shopping center industry.We serve property owners, developers, retailers and service providers who are seeking remarkable talent and work to align them with candidates who are eager for new growth opportunities. Since 1979, our team has been connecting companies and candidates with a commitment to integrity and client satisfaction—making us the industry’s most trusted leader in recruitment.