Development Associate

About the role

The Development Associate supports DLC’s Development team in executing value-creation initiatives across DLC’s portfolio of open-air shopping centers. These initiatives may include shopping center repositioning, outparcel development, strategic subdivisions, alternative uses, renewable energy opportunities, and other redevelopment projects.

Responsibilities

• Lead diligence efforts on all property-level requests for utility easements, eminent domain action, and general municipal-level activity that may affect DLC’s properties
• Conduct research on local zoning ordinances, land-use regulations, entitlement requirements, municipal procedures, and property-specific constraints. Prepare written memos, project analyses, summaries and recommendations based on findings.
• Lead internal coordination and project management for strategic subdivisions
• Conduct market research and support the site selection process on behalf of Preferred Development clients
• Oversee lease administration for solar, battery, and EV tenants. Create project reports, trackers, and schedules, and overall lease compliance
• Coverage project activities with internal teams including Leasing, Property Management, Construction, Asset Management, Legal, Accounting, and Finance
• Prepare project reporting, presentations, and materials for internal leadership, ownership groups, and business partners

Requirements

• 2–5 years of experience in commercial real estate, development, redevelopment, project management, construction, leasing, asset management, or a related field
• Retail real estate or open-air shopping center experience (strongly preferred)
• Advanced in Excel, including financial modeling, budgeting, and developing pro formas
• Familiarity with Argus, Procore, Nexus, or similar systems preferred
• Understanding of development, entitlement, construction, and project budgeting processes
• Excellent analytical, organizational, and communication skills
• Ability to manage multiple projects simultaneously in a fast-paced, entrepreneurial environment

Qualifications

• Resourceful, proactive, and detail-oriented
• Strong project management and problem-solving skills
• Collaborative team player with a high sense of urgency
• Curious, adaptable, and eager to learn across multiple areas of commercial real estate
• Ability to communicate complex issues clearly and effectively to internal and external stakeholders

Skills

• Technical skills & expertise as listed above

Benefits

• Competitive pay
• 401K company match
• Medical, Dental, and Vision Insurance
• Work-Life Balance: Hybrid work model, 20+ paid days off annually, 13+ paid holidays in addition to PTO, Paid parental leave
• Career Development: Industry-leading training and development, Open door policy, Industry trade shows and event access, Mentorship program

Pay

The expected salary range for this position is between $85,000 and $100,000. The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law.

Schedule

N/A