Great people make great properties. As a shopping center developer of some of the nation’s best real estate in 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.

The Position on our Team:

The AVP, Development is responsible for delivering development, redevelopment and renovation projects from the initial feasibility/concept state through completion.  The position requires demonstrated experience with the management of projects, strong leadership and collaborative skills.  The AVP, Development will be required to direct real estate services staff and make presentations to Senior Executives within the organization.

This is a regular, full-time role based out of the Manhattan corporate office with a hybrid schedule of three days in-office and two days remote per week.

In This Role, You Will:

• Coordinate with city staff on entitlements.
• Work with Leasing and senior management to create a vision and goals for the project.
• Establish preliminary overall projects budgets and schedules and monitor them throughout the development and construction process.
• Work with Asset Management to develop project pro formas and budgets.
• Collaborate with Leasing and Design & Planning to develop a conceptual design.
• Evaluate parking impacts associated with the development and work with the Legal department to develop REA amendments, department store and major tenant agreements, and site plan exhibits.
• Assist department store representatives with obtaining department store and major tenant approvals.
• Establish contracts with predevelopment consultants including planners, engineers, and architects.
• Assist in land use counsel selection based on knowledge of the local political arena, local connections and relative experience.
• Collaborate with Construction to establish construction budgets and schedules throughout the predevelopment process.
• Obtain all required entitlements and approvals and work with Construction to obtain permits from appropriate governmental authorities.
• Work with local governmental agencies to negotiate economic development incentives when possible.
• Work with Leasing to monitor leasing of space, rents, landlord costs for tenant work and tenant allowance expenditures against approved pro forma.
• Work with Leasing and Legal on the negotiation and preparation of the landlord/tenant work responsibility exhibit.
• Collaborate with Construction to monitor project costs and progress throughout construction.
• Manage, direct and mentor junior staff members by providing guidance and direction to ensure that quality work products are developed while maximizing their growth opportunities within the organization.
• Work with the Development team to investigate and utilize green building technology, energy efficient design and sustainable design ideas for all projects.
• All other duties as assigned.

What You Bring to Macerich:

• Minimum 7 years experience in the management and completion of retail development projects.
• Mixed use development experience is a plus.
• A development project history is required.
• Master’s degree in Real Estate Development or related (Architecture, Planning, Construction, Engineering, Finance or Management) is required.
• An advanced degree in Management (MBA) or Legal (JJD) is a plus.
• All applicants must be able to perform the essential functions of the position, including corresponding core job requirements, with or without a reasonable accommodation. Reasonable accommodations may be made to enable individuals with disabilities (and others in accordance with applicable law) to perform the essential functions of the job, consistent with applicable laws and Company policy.

Salary

Estimated compensation for this position is:

$120,000 to $160,000 (Annual) + 25% Annual Bonus Eligibility

The salary listed is an estimate and not guaranteed.  A salary offer will vary based on applicant education, experience, skills, abilities, geographic location, internal equity, and alignment to market data.

Why You’ll Love Working with Us:

We know our people make us who we are, and we take pride in recruiting and retaining the best and brightest employees from all backgrounds. We recognize the value of strengthening our workforce with diverse thoughts, voices, ideas and people. This makes our company a rewarding and energizing environment to work in.

As an employee with Macerich, you will also benefit from the following: 

• Best-in-class benefits with affordable employee contribution levels.
• Hybrid work schedule with the ability to work remotely two days per week.
• Annual paid time off, including vacation time, 12 paid holidays and 80 hours of sick time annually.
• Savings accounts for your future through 401K and Health Savings Accounts.
• Participation in the Company stock program at a discount.
• 24 paid volunteer hours annually and employer charitable match benefit.
• Access to Calm for mindfulness support, sleep hygiene, and stress management.
• A sense of belonging fostered by wellness, satisfaction, diversity and inclusion.

Why Macerich

We create places where people come together. Macerich is reinventing the retail experience bringing together the best of shopping, dining, office, multifamily and experiences to meet the needs of the communities we serve. With 44 properties in some of the most vibrant, bustling cities across the country from New York to California, Macerich is setting the bar for transforming retail real estate into our vision for Regional Town Centers for everyone.

Our Culture of Belonging

At Macerich, we prioritize diversity, inclusivity, and equity, benefiting our employees, workplaces, and communities. We actively seek talented individuals from diverse backgrounds, recognizing the strength it brings. Our goal is to create a thriving, respectful environment that celebrates uniqueness and fosters learning. We are proud of our practices promoting equal employment and advancement opportunities. Macerich welcomes all qualified applicants, regardless of protected characteristics. For further details, refer to our Anti-Harassment, Discrimination, and Retaliation Policy. We provide reasonable accommodations for individuals with disabilities. Contact our People team for assistance.

We strive to be leaders in our industry by operating properties that prioritize responsible stewardship of our resources for the benefit of our tenants, guests, investors, employees, communities, industry partners and the planet. We are also committed to creating a diverse, inclusive, and equitable workplace where all employees can thrive. By prioritizing and investing in our employees, we create value for our workplaces and Regional Town Centers, as well as the communities we serve.