Job Description
Great people make great properties. As an owner, operator and developer of thriving retail centers in the nation’s top markets, Macerich offers opportunities to work, grow and develop your unique talents. Apply now to help us shape the future of retail real estate while building a meaningful, rewarding and balanced career.
About the Role: The Senior Manager, Development is involved in the development and coordination of all aspects of development projects within the company portfolio. Development projects which vary in scope, complexity and cost will typically consist of mall renovations, expansions, or reconfigurations; department store or anchor; additions or expansions, out-parcel development and associated site work. The Senior Manager, Development will be involved in the project from initial conceptual development phase to final completion of all work.
The successful candidate must be able to perform the essential functions of the position satisfactorily. If requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship.
What You Will Do:
- Partner with Leasing and senior management to create a strategic vision and goals for the property and project.
- Develop master plan design concepts for overall project.
- Provide project budgets and coordinate proformas.
- Present project goals, design intent, schedule and financials to senior management.
- Select and manage development consultants for the project. Maintain and negotiate all fee proposals, contracts, change orders, and insurances.
- Manage the overall project budget and cash flow. Review and update cost reports and cash flows on a monthly basis.
- Responsible for entitlements process for a project. Identify and manage all phases of the approval process through to construction. Interact and coordinate with all applicable governmental agencies.
- Conduct onsite and virtual project meetings for design and construction related activities.
- Direct and manage the overall project phasing and scheduling. Manage risk for project delivery schedule and coordinate tenant deliverables.
- Coordinate the multi-discipline departments within the company throughout the development process. Departments include Finance, Accounting, Asset Management, Design & Planning, Legal, Leasing, Development Relations, Tenant Coordination and Construction.
- Collaborate with Development team to investigate and utilize green building technology, energy efficient design and sustainable design ideas for all projects.
The Employer retains the right to change or assign other duties to this position.
What You Bring:
- Bachelor’s degree in Real Estate, Architecture, Land Planning or Engineering is required.
- Minimum 5-10 years experience in the development of retail related projects. Experience may be in construction, engineering, architecture or planning related fields.
Macerich’s Total Rewards:
- Best-in-class benefits with affordable employee contribution levels
- Paid time off, including vacation time, 12 paid holidays and 80 hours of sick time annually
- 401(k) match with immediate vesting
- Ability to purchase company stock at a 15% discount
- 24 paid volunteer hours and employer charitable match
- Employee Assistance Program
- Career-development resources
- Comprehensive wellness program including Calm Health and ClassPass memberships
- And more…
At Macerich, in-person work at our offices is a top priority because it allows us to collaborate more effectively, build stronger connections, and maintain the culture that drives our success. To that end, we do believe in a healthy work/life balance and are proud to offer Remote Fridays for our Corporate offices and Forever Fridays for our Retail Properties.
The compensation for this position is determined based on several factors, including the candidate's experience, qualifications, and the specific requirements of the role. Final salary offers will be discussed during the interview process and will reflect the candidate's skills and the company's compensation structure.
Who We Are:
Macerich is one of the country's leading owners, operators, and developers of major retail real estate (NYSE:MAC). Our high-quality retail properties in many of the most affluent and densely populated U.S. markets set Macerich apart. By bringing communities together, we create long-term value for our shareholders, partners and customers. As we work together to achieve our mission, our shared values drive our progress: Excellence, Relationships, Optimism, Integrity, Empowerment and Fun.
Macerich is an Equal Opportunity Employer committed to employing a diverse workforce. Qualified applicants will be considered without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status or disability.
Equal Opportunity EmployerThis employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Great people make great properties. As an owner, operator and developer of thriving retail centers in the nation’s top markets, Macerich offers opportunities to work, grow and develop your unique talents. Apply now to help us shape the future of retail real estate while building a meaningful, rewarding and balanced career.
About the Role: The Senior Manager, Development is involved in the development and coordination of all aspects of development projects within the company portfolio. Development projects which vary in scope, complexity and cost will typically consist of mall renovations, expansions, or reconfigurations; department store or anchor; additions or expansions, out-parcel development and associated site work. The Senior Manager, Development will be involved in the project from initial conceptual development phase to final completion of all work.
The successful candidate must be able to perform the essential functions of the position satisfactorily. If requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship.
What You Will Do:
- Partner with Leasing and senior management to create a strategic vision and goals for the property and project.
- Develop master plan design concepts for overall project.
- Provide project budgets and coordinate proformas.
- Present project goals, design intent, schedule and financials to senior management.
- Select and manage development consultants for the project. Maintain and negotiate all fee proposals, contracts, change orders, and insurances.
- Manage the overall project budget and cash flow. Review and update cost reports and cash flows on a monthly basis.
- Responsible for entitlements process for a project. Identify and manage all phases of the approval process through to construction. Interact and coordinate with all applicable governmental agencies.
- Conduct onsite and virtual project meetings for design and construction related activities.
- Direct and manage the overall project phasing and scheduling. Manage risk for project delivery schedule and coordinate tenant deliverables.
- Coordinate the multi-discipline departments within the company throughout the development process. Departments include Finance, Accounting, Asset Management, Design & Planning, Legal, Leasing, Development Relations, Tenant Coordination and Construction.
- Collaborate with Development team to investigate and utilize green building technology, energy efficient design and sustainable design ideas for all projects.
The Employer retains the right to change or assign other duties to this position.
What You Bring:
- Bachelor’s degree in Real Estate, Architecture, Land Planning or Engineering is required.
- Minimum 5-10 years experience in the development of retail related projects. Experience may be in construction, engineering, architecture or planning related fields.
Macerich’s Total Rewards:
- Best-in-class benefits with affordable employee contribution levels
- Paid time off, including vacation time, 12 paid holidays and 80 hours of sick time annually
- 401(k) match with immediate vesting
- Ability to purchase company stock at a 15% discount
- 24 paid volunteer hours and employer charitable match
- Employee Assistance Program
- Career-development resources
- Comprehensive wellness program including Calm Health and ClassPass memberships
- And more…
At Macerich, in-person work at our offices is a top priority because it allows us to collaborate more effectively, build stronger connections, and maintain the culture that drives our success. To that end, we do believe in a healthy work/life balance and are proud to offer Remote Fridays for our Corporate offices and Forever Fridays for our Retail Properties.
The compensation for this position is determined based on several factors, including the candidate's experience, qualifications, and the specific requirements of the role. Final salary offers will be discussed during the interview process and will reflect the candidate's skills and the company's compensation structure.
Who We Are:
Macerich is one of the country's leading owners, operators, and developers of major retail real estate (NYSE:MAC). Our high-quality retail properties in many of the most affluent and densely populated U.S. markets set Macerich apart. By bringing communities together, we create long-term value for our shareholders, partners and customers. As we work together to achieve our mission, our shared values drive our progress: Excellence, Relationships, Optimism, Integrity, Empowerment and Fun.
Macerich is an Equal Opportunity Employer committed to employing a diverse workforce. Qualified applicants will be considered without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status or disability.
Equal Opportunity EmployerThis employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
About Macerich
Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 48 million square feet of real estate consisting primarily of interests in 44 regional town centers. Macerich is firmly dedicated to advancing environmental goals, social good and sound corporate governance. A recognized leader in sustainability, Macerich has achieved a #1 GRESB ranking for the North American retail sector for eight years (2015-2022).
Macerich would like you to finish the application on their website.