Sr Development Manager

Employer
Target
Location
Minneapolis, Minnesota
Posted
Oct 13, 2021
Closes
Oct 28, 2021
Employment Status
Full Time
Description:
About us:

Target is an iconic brand, a Fortune 50 company and one of America's leading retailers.

Target's distinctive brand love is infused throughout its many physical locations by the Properties teams. We have a direct and positive impact on the real estate, design, construction and maintenance of our stores, distribution centers and headquarters. Are you ready to help strategically grow Target's brand through leading-edge real estate strategy, design, development, construction and preservation? Can you effectively balance the efficiencies of a large-design build company with the unique challenges and innovative solutions required by individual sites?

A role with our Real Estate team means conducting site due diligence in support of successful acquisition or lease transactions supporting Target's real estate strategy for our Global Supply Chain & Logistic (GSCL), program.

As a Sr. Real Estate Development Manager, you will assist a cross functional team in the assessment of proposed industrial sites regarding regulatory entitlements, suitability of individual site opportunities to meet programatic requirements of Target's GSCL real estate program. This includes stand-alone industrial warehouse facilities and integration of using our stores real estate for online fulfillment strategies ("Stores as Hubs" - SaH). This role is responsible for the all aspects of collaborating with developers, landlords and outside consultants in preparation of project requirements, due diligence and site development documents to determine project feasibility and provide creative solutions to development or redevelopment constraints.

In addition, you'll assist in the negotiation and exhibit preparation of relevant aspects of site development agreements, tenant improvement work letters and leases in addition to the review of governmental conditions of approval set forth in land use approvals that affect the development of individual sites.

Success will be measured by your ability to deliver GSCL's real estate needs on agreed upon scopes, schedules and budgets across multiple building types for the rapid evolution of our business. Cultivating strategic partnerships with nationally recognized civil engineering firms, industrial developers/landlords while keeping abreast of current and proposed governmental regulations affecting industrial development is a critical component of the position.

Along the way, you will have opportunities to work collaboratively with partners and experts across internal GSCL, F&B Distribution, Properties, Operations, HR, and Finance teams to execute such real estate strategies ensuring that our real estate assets are set up to maximize operational effectiveness in the short and long term horizons. You will be a critical partner ensuring that our GSCL & SaH real estate execution and strategy is successful today and for the future evolution of our enterprise strategies and business. The work will be demanding, but also exciting, as we develop capabilities and deliver results in service of our purpose to help all families discover the joy of everyday life. Job duties may change at any time due to business needs

About you:
  • 10+ Years of Professional Experience
  • 4 Year Degree, Civil Engineering, Architecture, Urban Planning preferred
  • Development expertise in negotiation, construction methods and regulatory entitlement strategies.
  • Demonstrated experience developing complex strategy to deliver desired results
  • Established skills and behaviors aligned to Target's culture and values.


Americans with Disabilities Act (ADA)

Target will provide reasonable accommodations (such as a qualified sign language interpreter or other personal assistance) with the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, please visit your nearest Target store or Distribution Center or reach out to Guest Services at 1-800-440-0680 for additional information.

Qualifications:

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