This position is responsible for managing aspects of master plan implementation and entitlements for proposed new retail real estate redevelopment and expansion projects within the Simon portfolio. Simon is investing in our future. Over the next three years, Simon will invest over $3 billion in new development and redevelopment projects to enhance and expand some of our best properties. We are continuously evaluating our portfolio to enhance the Simon® experience—places where people choose to shop and retailers want to be. This is an opportunity to be part of an effort to evolve our “best in class” regional shopping malls into the next generation of destination retail environments. The successful candidate will be at the forefront of Simon’s efforts to transform key West Coast US real estate assets from retail only to mixed-use environments, including retail, residential, hospitality, office, entertainment, and town center components.
PRINCIPAL RESPONSIBILITIES: The successful candidate’s responsibilities will include, but not be limited to: 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. Travel primarily along the west coast, with some travel to Simon Headquarters in Indianapolis for project meetings/presentations to Senior Management as necessary.
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 REA’s and CC&R’s 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.