Director, Development

General Growth Properties   •  

Chicago, IL

Industry: Professional, Scientific & Technical Services

  •  

Not Specified years

Posted 36 days ago

Company Overview

Brookfield Properties Retail Group has an immediate need for a Director of Development at our Corporate office in Chicago, IL.


Brookfield Properties Retail Group is a retail real estate company headquartered in Chicago, Illinois and owned by affiliates of Brookfield Asset Management. Our regional shopping centers are destinations for retail, lifestyle, dining, entertainment and so much more. Our extensive portfolio of properties spans the nation, encompassing 163 locations across 42 states and representing over 146 million square feet of retail space. All of our properties are strategically located in regional and coastal areas that constitute the "heart" of America.

Our passionate team is comprised of experts across a range of specialties who share a goal of ensuring our properties are continuously evolving and innovating to meet the needs of our communities. Our company culture celebrates collaboration, encourages an entrepreneurial spirit and values diversity. We are very proud to have a team of premier talent who are in it to win it. We invite you to be part of our success story.

Position Overview

The Director, 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.

Responsibilities:

  • 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)
  • Coordinates and/or directs in-house resources (legal, asset management, design and leasing)
  • 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

Qualifications

  • Bachelor's degreerequired, MBAdesired
  • 7 years direct experiencepreferred
  • Overall understanding of all disciplines, including leasing, construction, and operations
  • Supervisory experiencepreferred
  • Ability to lead project team

2018-2042