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Contract President Real Estate Development Jobs (NOW HIRING)

The Director Real Estate Development requires strong skills in real estate matters, financial ... contract requirements and/or funder requirements, on timely completion and within project budget · ...

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Contract President Real Estate Development information

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$54.5K

$102.3K

$162K

How much do contract president real estate development jobs pay per year?

As of Jul 14, 2026, the average yearly pay for contract president real estate development in the United States is $102,271.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,000.00 and $128,000.00 per year, depending on experience, location, and employer.

What are some common challenges faced by a Contract President in Real Estate Development, and how can they be managed effectively?

One of the most common challenges for a Contract President in Real Estate Development is balancing multiple high-stakes projects while aligning diverse stakeholders such as investors, contractors, and local authorities. Navigating regulatory approvals and shifting market conditions also adds complexity. Effective management often involves establishing clear communication channels, leveraging strong negotiation skills, and implementing robust project management practices. Building a trusted leadership team and fostering collaborative relationships across departments are key to overcoming these challenges and ensuring project success.

What is the highest paid real estate job?

The Contract President in real estate development is among the highest-paid roles, often earning six-figure salaries plus bonuses, especially in large-scale projects. These executives typically have extensive experience, strong negotiation skills, and oversee large portfolios or developments, which contribute to their high compensation.

What does a Contract President in Real Estate Development do?

A Contract President in Real Estate Development is a senior executive hired on a contractual basis to oversee the planning, execution, and management of real estate projects. Their responsibilities typically include leading project teams, managing budgets, ensuring compliance with regulations, and forging partnerships with stakeholders. Unlike permanent presidents, they are brought on for a specific term or project to provide expertise and leadership during critical phases of development. This role requires strong knowledge of real estate markets, construction management, and financial planning.

What is the most profitable type of real estate development?

For a Contract President in real estate development, the most profitable types often include residential high-rise projects, commercial office buildings, and industrial warehouses, depending on market demand and location. Successful development requires strong project management skills, market analysis, and financial planning to maximize returns. Profitability varies based on economic conditions, zoning regulations, and investment scale.

How much does the owner of a real estate development company make?

The income of a contract president in real estate development varies widely based on the size and success of projects, but they can earn from six-figure salaries to several million dollars annually, often supplemented by bonuses and profit sharing. Compensation depends on experience, project scope, and company performance.

What is the difference between Contract President Real Estate Development vs Contract Project Manager?

AspectContract President Real Estate DevelopmentContract Project Manager
CredentialsExperience in real estate development, possibly a degree in real estate, urban planning, or related fieldsProject management certifications (PMP), relevant experience in managing construction or development projects
Work EnvironmentExecutive-level, strategic planning, high-level decision making in real estate firmsOperational, overseeing project execution, coordinating teams on-site and off-site
Employer & Industry UsageReal estate development companies, investment firmsConstruction firms, real estate development projects, consulting firms

The Contract President Real Estate Development focuses on high-level strategic decisions and overall project oversight, while the Contract Project Manager handles day-to-day project execution and team coordination. Both roles require relevant experience, but the President role is more strategic and executive in nature.

What are the key skills and qualifications needed to thrive as a Contract President in Real Estate Development, and why are they important?

To excel as a Contract President in Real Estate Development, you need extensive experience in real estate project management, financial acumen, and a track record of successful property development, typically supported by a degree in business, real estate, or a related field. Familiarity with project management software, financial modeling tools, and real estate management systems is crucial. Strategic leadership, negotiation skills, and the ability to build strong stakeholder relationships are standout soft skills in this role. These competencies are vital for overseeing complex development projects, ensuring profitability, and driving organizational growth.

What does a VP of development make?

A Vice President of Development in real estate development typically earns a salary ranging from $100,000 to $250,000 annually, with additional bonuses and incentives based on project success. Compensation varies depending on experience, company size, and geographic location, and may include benefits such as stock options or profit sharing. The role often requires strong project management, financial analysis, and industry knowledge.
What cities are hiring for Contract President Real Estate Development jobs? Cities with the most Contract President Real Estate Development job openings:
What are the most commonly searched types of President Real Estate Development jobs? The most popular types of President Real Estate Development jobs are:
What states have the most Contract President Real Estate Development jobs? States with the most job openings for Contract President Real Estate Development jobs include:
Infographic showing various Contract President Real Estate Development job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 62% Full Time, 19% Part Time, 1% Temporary, and 17% Contract. Highlights an 80% Physical, 2% Hybrid, and 18% Remote job distribution, with an average salary of $102,271 per year, or $49.2 per hour.
VP, Real Estate Strategy & Store Development

VP, Real Estate Strategy & Store Development

AKIRA

Chicago, IL

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 29 days ago


Akira rating

5.7

Company rating: 5.7 out of 10

Based on 9 frontline employees who took The Breakroom Quiz


Job description

AKIRA - VP, Real Estate Strategy & Store Development
Location: Chicago, IL Reports to: COO / Ownership

AKIRA opened its first women’s clothing boutique in Chicago in 2002 and has since grown to 40+ stores nationwide plus a thriving eCommerce business at shopAKIRA.com. We’re a fast-fashion brand known for Other-Worldly Customer Service and a culture where every employee is expected to Act and Think Like an Owner.

The Role: VP, Real Estate Strategy & Store Development

We’re hiring a single accountable leader to own AKIRA’s entire store-development motion — from real estate strategy and lease negotiation through construction, new-store openings, remodels, and ongoing store facilities. This role centralizes work historically split between ownership, outside brokers (Savills), and our internal construction team.

AKIRA is growing aggressively, and the right leader will bring the experience, relationships, and judgment to help us open stores faster, protect margins, and keep our existing fleet healthy and on-brand. Our in-house construction team remains central to how we build; we’re looking for someone who can extend their reach by pairing their expertise with a strong national general contractor network they already have in place.

What You’ll Own

Real estate strategy and portfolio management — multi-year roadmap, market selection, portfolio scorecard, and recommendations to ownership.

Lease deal-making — renewals, new deals, relocations, negotiations, and landlord relationships. Zero missed renewals.

New store construction and openings — LOI to doors-open on one accountable schedule, executed through a national GC partner network.

Remodels, end to end — which stores, what scope, what ROI, and execution.

Store facilities and store-side procurement — ongoing R&M, energy, and national sourcing for everything that touches the stores (excluding merchandise).

Team leadership — leading and developing our construction team and managing outside brokers, architects, and GCs.

Non-Negotiables

These are the requirements we will not flex on. If you don’t have all of these, this is not the right role for you.

Nationwide experience. You have personally led real estate and construction across the entire U.S. — not just one region. You know how to operate across markets, time zones, and climate zones.

A proven national GC rolodex. You bring active, working relationships with general contractors you’ve personally hired and held accountable across multiple regions of the country. Be prepared to discuss specific firms and projects in the interview.

Mall experience is required. AKIRA’s footprint is mall-anchored. You have negotiated with the major mall REITs (Simon, Brookfield, Macerich, Washington Prime, Tanger, etc.) and you understand the economics, leverage points, and operating rhythms of mall leasing — including TI packages, co-tenancy, percentage rent, and CAM.

Specialty retail at scale. 10+ years leading real estate, construction, and/or store-development at a multi-unit specialty retailer in the 50–200 store range — ideally fast-fashion, apparel, or beauty.

Opening velocity. A documented track record of opening 15+ new stores per year while running a concurrent remodel program. Not a handful of deals — real volume.

Capital discipline. You have managed $25MM+ annual capital budgets with clear cost-per-square-foot targets, and you’ve delivered against them.

Dealmaker. Advanced lease financial modeling (NPV, occupancy %, EBITDA impact) and a documented history of winning meaningful TI, free rent, CAM caps, and co-tenancy protections.

Travel. This is a road job. Significant national travel for site tours, landlord meetings, GC walks, and store openings.

Strongly Preferred

• Experience evolving an internal construction function toward a leaner, GC-orchestrated model.

• Procurement and sourcing experience for indirect goods and services across a retail fleet.

• Facilities leadership across a national store fleet — preventative maintenance, energy management, national R&M programs.

• Comfort presenting to ownership or a board and operating as a senior voice in the room.

• Lifestyle center, outlet, and street-retail negotiation experience in addition to enclosed malls.

• Owner’s mindset — you make decisions like the company’s money is your money.

Benefits and Perks:
AKIRA offers competitive benefits for full-time employees, including Medical, Dental, Vision, Pet Insurance, Life, LTD, FSA/HSA/Dependent Care FSA, Flex Transit (CTA), 401(k), and a generous employee discount. We’re committed to internal growth, providing meaningful development and career advancement opportunities.

Job Type: Full-Time
We are committed to fair and transparent compensation practices. Compensation for this position will be determined based on experience, qualifications, and other job-related factors. Additional compensation and benefits may also apply and will be discussed during the hiring process.
We may utilize AI-assisted and automated tools as part of the recruiting and hiring process. All employment decisions are made in compliance with applicable laws and without discrimination.


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