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Senior Development Manager

2 months ago

Palo Alto, California, United States Simon Property Group Full time
Job Summary

This is an exciting opportunity to join Simon Property Group as a Senior Development Manager, responsible for managing aspects of entitlements for proposed new retail and/or mixed-use retail focused real estate redevelopment and expansion projects within the Simon portfolio.

Key Responsibilities

Assist in preparation of development program on selected properties based on planning, site and zoning analysis, signage, environmental and economic analyses, and all related due diligence.

Support senior development personnel throughout planning, acquisition/disposition, entitlement.

Work with design/construction staff on implementation, phased or otherwise, for all project requirements.

Facilitate projects and consultants through point of completion. Coordinate project teams consisting of attorneys, engineers, planners and architects.

Coordinate with various departments to ensure financial viability and leaseability of site plan alternatives.

Assist in preparation of project cost analysis including construction and lease requirements and all related expenses to determine return on capital expenditure and project feasibility.

Manage expenditures of committed funds with project budgets and in accordance with company procedures.

Work with existing properties to address zoning or approval related matters, associated mall renovation efforts, redevelopments, underutilized space reuse, peripheral parcels and strategic planning.

Provide regular project updates and reports to Senior Management as required.

Work with partners, lenders and other parties to advance efforts towards successful implementation.

Provide public representation for the project and Simon's efforts to transform great mall properties to great mixed-use places, including participating/presenting at Council and Planning Commission meetings, community workshops to garner local community support, Chamber and other industry events, presentations to potential tenants and partners, elected leaders and community groups, etc.

Requirements

Bachelor's in finance, architecture, urban planning, engineering or related field.

Advanced degree in Business/Real Estate or Urban Planning with financial foundation desirable.

Experienced Development Professional with substantial retail and/or mixed-use experience in the western United States, for expansion of current assets to include mixed-use elements on traditional mall properties. Eight to ten years of demonstrated experience preferred.

Knowledge and experience working with REAs and CC&Rs for major mixed-use places required; ability to work with and communicate with anchor and major retailer partners, and third party partners that may jointly develop certain portions of such efforts.

Knowledge and experience processing entitlement efforts with CEQA and SEPA knowledge/experience.

Strong communication and presentation skills.

The salary range for this position is $225,000 - $275,000 Actual compensation within that range will be dependent upon various factors, including an individual's skills, experience, and qualifications.

Location

Palo Alto, CA

Type
Full time