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Project Development Director

10-12 Years
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Job Description

Project Development Director

Position Summary

The Project Development Director is responsible for leading the end-to-end development of real estate and retail, hospitality projects, from site identification and feasibility studies through design, approvals, construction, leasing coordination, project delivery, and post-completion evaluation. This role drives project strategy, ensures commercial viability, manages cross-functional stakeholders, and delivers projects on time, within budget, and in line with the company's quality standards and business objectives.

Key Responsibilities

1. Project Development Strategy

  • Develop and execute project development strategies aligned with the company's growth objectives.
  • Identify and evaluate new development opportunities, including retail centers, mixed-use developments, commercial properties, and redevelopment projects.
  • Lead market research, location analysis, and financial feasibility studies to support investment decisions.
  • Present business cases and investment recommendations to executive management and the Board.

2. Land Acquisition & Due Diligence

  • Lead site sourcing, land acquisition, and negotiation activities.
  • Coordinate legal, technical, environmental, and commercial due diligence.
  • Assess zoning regulations, land use restrictions, infrastructure availability, and development potential.
  • Work closely with legal and finance teams to complete acquisitions and contractual agreements.

3. Project Planning & Design Management

  • Direct the planning and design process from concept through detailed design.
  • Manage architects, consultants, engineers, and design firms to ensure projects meet operational and commercial requirements.
  • Review project layouts, design standards, value engineering initiatives, and construction documentation.
  • Ensure compliance with local regulations, building codes, and sustainability standards.

4. Project Execution

  • Oversee project execution throughout construction until project handover.
  • Monitor project schedules, budgets, risks, and quality standards.
  • Coordinate with Project Management, Construction, Procurement, and Operations teams to ensure successful delivery.
  • Resolve project issues and provide timely executive updates.

5. Financial & Commercial Management

  • Prepare and manage development budgets and capital expenditure (CAPEX).
  • Monitor project financial performance, cash flow, and return on investment (ROI).
  • Identify cost optimization opportunities without compromising project quality.
  • Support financial modeling and project profitability analysis.

6. Stakeholder Management

  • Build strong relationships with government agencies, landlords, developers, consultants, contractors, investors, and business partners.
  • Lead negotiations with key external stakeholders.
  • Coordinate closely with Leasing, Operations, Marketing, Finance, Legal, and Asset Management teams throughout the project lifecycle.
  • Represent the company in meetings, regulatory discussions, and industry events.

7. Risk & Compliance Management

  • Identify development risks and establish mitigation strategies.
  • Ensure projects comply with legal, environmental, health & safety, and regulatory requirements.
  • Monitor project governance and ensure adherence to company policies and approval processes.

8. Leadership & Team Management

  • Lead, mentor, and develop the Project Development team.
  • Establish performance objectives and succession planning.
  • Promote collaboration across departments and foster a high-performance culture.
  • Drive continuous improvement in project development processes and best practices.

Qualifications

  • Bachelor's degree in Real Estate, Civil Engineering, Architecture, Construction Management, Urban Planning, Business Administration, or a related field.
  • Master's degree (MBA or related discipline) is preferred.
  • Professional certifications such as PMP, MRICS, or equivalent are an advantage.

Experience

  • Minimum 10 years of experience in real estate development, retail development, or commercial property development.
  • At least 7 years in a senior leadership role managing large-scale development projects.
  • Proven track record of delivering retail, mixed-use, commercial, or large real estate developments from inception to completion.
  • Experience working with developers, retailers, consultants, contractors, and government authorities.

Knowledge & Skills

  • Strong understanding of real estate development processes and project lifecycle management.
  • Expertise in feasibility studies, financial modeling, project budgeting, and investment analysis.
  • Strong commercial acumen and negotiation skills.
  • Excellent knowledge of construction, planning, zoning, and regulatory requirements.
  • Outstanding leadership, stakeholder management, and communication skills.
  • Strong analytical and problem-solving capabilities.
  • Ability to manage multiple complex projects simultaneously.
  • Proficiency in Microsoft Office, Microsoft Project, and project management software; knowledge of AutoCAD and real estate development systems is an advantage.

Key Competencies

  • Strategic Thinking
  • Commercial & Financial Acumen
  • Leadership & People Development
  • Stakeholder Management
  • Negotiation & Influencing
  • Project & Program Management
  • Decision Making
  • Risk Management
  • Change Management
  • Results Orientation
  • Cross-functional Collaboration
  • Customer & Business Focus

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About Company

Job ID: 150594511