Manager of Development
ShopCore Properties - Chicago, IL
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ShopCore Properties ("ShopCore") and EQ Office ("EQ"), both Blackstone portfolio companies, merged into one entity ("the Company") in September 2024 to drive scale and form a diversified, best-in-class commercial real estate platform. EQ is Blackstone's US office portfolio company, with expertise across acquisitions, asset management, leasing, redevelopment and property operations. EQ's focus is to create and operate inspiring workplace destinations for organizations of all sizes by offering solutions that blend the best of work, home, and hospitality. Their diverse team of about 140 professionals currently operate a portfolio of approximately 15 million square feet of commercial office space for nearly 1,000 customers across major U.S. markets including Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Seattle. ShopCore owns and operates open-air retail centers across the nation, with a portfolio of 9 million square feet across 15 states. It is a vertically integrated platform with internalized leasing, development, property management, legal, accounting and asset management functions. The combined Company fosters a collaborative culture built on the principle of OneTeam. This means individuals work together across teams, functions and time zones to achieve shared goals. OneTeam is the desire to be part of something bigger than yourself - and striving to find a greater purpose. The Company creates a more innovative and fulfilling environment by sharing best practices, with a focus on having a positive impact on employees, customers and communities. OneTeam principles include:Kindness, Respect and TrustMeritAccountabilityIntegrityEssential TransparencyNever be ComplacentWork Hard and Have FunThis role is in the office 5 days a week. Role SummaryUnder direction of the Director of Development, this position will own and champion the entire planning, entitlement, development and construction processes on assigned projects in the portfolio with a view towards best in-class application of placemaking and architectural design, brand positioning, and differentiated but disciplined and reliable construction delivery methods and techniques. This role reports to the Sr Director, Development and is based in the office, 5 days a week. Key Responsibilities: • Integrate internal and external resources for the end-to-end, development/redevelopment from conceptual design, through project delivery, final punch list, and tenant coordination. Ensure communication and effective relationship management with clients, suppliers, contractors, vendors, engineers, and municipal representatives, achieving optimal alignment and outcomes of assigned projects.Assist project team with predevelopment tasks including management of consultants, budgets, scheduling, and design. • Assist project team with the entitlement processes, and zoning reviews. • Coordinate design aspects and technical details between consultants and Tenants. • Assist project team with permitting, including coordination with permitting agencies and consultants. • Ensure compliance with Federal, State, County, and City regulatory agency requirements. • Provide routine weekly, monthly, quarterly reporting and as needed updates to senior leadership. • Personally, exhibit an inspiring passion for continuous learning. • Assumes additional responsibilities and performs special projects as needed or directed.Qualifications:Bachelor's Degree required, with a strong preference for degrees in relevant, related fields such as Civil Engineering, Architecture, or Construction Management.At least 5 years of experience which includes a track record of successful development and construction delivery of retail projects.Multi-market, end-to-end project management experience in retail with depth in delivery aspects of ground-up development and redevelopment.A proven track record of creating, leading, and championing a quality assurance culture across development and redevelopments projects.Experience across the full spectrum of development activities from underwriting, financing, and acquisition, to concept and design planning, to pre-development, pre-construction, construction completion, lease-up, and tenant coordination.Demonstrated ability to work effectively and efficiently across multiple projects and markets, simultaneously, in a fast-paced environment to drive development/redevelopment project activities to successful completion.Exceptional written and verbal communication skills.Strength in managing multiple outside parties on multiple projects will be critical.Strong technical acumen in design and construction delivery; exceptional project management skills; sensitivity of architectural excellence and enduring placemaking; clear decision-making and collaborative partnering.Base Salary Range: $140,000 - $150,000. This represents the presently-anticipated low and high end of the Company's base salary range for this position. Actual base salary range may vary based on various factors, including but not limited to location and experience. Total Direct [OR Other] Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.
Created: 2025-01-24