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Project Development Manager Jobs in Riverwoods, IL

Evergreen Real Estate

Development Manager

Chicago, IL · On-site

$100K - $130K/yr

Development Manager- Senior Living Department: Evergreen Senior Living (ESL) Reports To: VP of ... Chicago (Hybrid), with periodic travel to Ohio project sites FLSA Status: Exempt Salary Range: $100 ...

Onni Group

Development Manager

Chicago, IL · On-site

The Development Manager will oversee large-scale projects from inception to completion, leading consultants, contractors, and internal teams to achieve financial and operational goals. This role is ...

My1060wd

Development Manager

Chicago, IL · On-site

$115K - $140K/yr

Development ORGANZIATION: Marquee Development REPORTS TO: Managing Director, Development LOCATION ... Support project executive and project manager in managing bid process and executing contracts ...

Onni Group

Development Manager

Chicago, IL

The Development Manager will oversee large-scale projects from inception to completion, leading consultants, contractors, and internal teams to achieve financial and operational goals. This role is ...

Onni Group

Development Manager

Chicago, IL · On-site

The Development Manager will oversee large-scale projects from inception to completion, leading consultants, contractors, and internal teams to achieve financial and operational goals. This role is ...

Onni Group

Project Manager

Chicago, IL

$100K - $140K/yr

What You Bring: * 5-7 years of experience as a Project/Development Manager * Associate's degreeor higher in Project Management or related fieldrequired * Demonstrated knowledge of construction and ...

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Project Development Manager information

See Riverwoods, IL salary details

$44.6K

$98.2K

$147.4K

How much do project development manager jobs pay per year?

As of Sep 11, 2026, the average yearly pay for project development manager in Riverwoods, IL is $98,155.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,400.00 and $112,600.00 per year, depending on experience, location, and employer.

What is a project development manager?

A Project Development Manager is a professional responsible for overseeing and coordinating the planning, execution, and completion of projects within an organization. They manage project teams, set timelines, allocate resources, and ensure that project objectives are met on time and within budget. Project Development Managers often serve as the main point of contact between stakeholders, clients, and team members, ensuring clear communication and alignment throughout the project lifecycle.

How does a project development manager typically collaborate with cross-functional teams during a project's lifecycle?

A Project Development Manager regularly works with cross-functional teams, including engineering, finance, marketing, and operations, to ensure project objectives are met. They facilitate communication between departments, align goals, and address any conflicts or dependencies that arise. Effective collaboration often involves leading meetings, tracking progress, and ensuring all stakeholders are informed of updates or changes. This collaborative approach is essential for maintaining project momentum and achieving successful outcomes.

What are the key skills and qualifications needed to thrive as a project development manager, and why are they important?

To thrive as a Project Development Manager, you need expertise in project planning, budgeting, and risk management, often supported by a degree in business, engineering, or construction management. Familiarity with project management software such as MS Project, Primavera, or Asana, and certifications like PMP or PRINCE2, are highly beneficial. Exceptional leadership, negotiation, and communication skills help foster effective teamwork and client relationships. These skills and qualifications are essential to deliver projects on time, within budget, and to the desired quality standards.

What is the difference between Project Development Manager vs Project Coordinator?

AspectProject Development ManagerProject Coordinator
ResponsibilitiesOversees project planning, execution, and delivery; manages teams and budgetsSupports project tasks, schedules meetings, and tracks progress
Required CredentialsBachelor's degree in relevant field; PMP or similar certifications often preferredTypically requires a bachelor's degree; certifications are optional
Work EnvironmentLeads teams in office or on-site; interacts with clients and stakeholdersWorks closely with project teams; often in an office setting
Industry UsageCommonly used in construction, engineering, and IT projectsUsed across various industries for project support roles

The Project Development Manager focuses on leading and managing entire projects, ensuring successful completion, while the Project Coordinator provides support and assists with day-to-day project tasks. Both roles are essential but differ in scope, responsibility, and level of leadership.

What cities near Riverwoods, IL are hiring for Project Development Manager jobs?

Cities near Riverwoods, IL with the most Project Development Manager job openings:

Project Development Manager jobs near you
Infographic showing various Project Development Manager job openings in Riverwoods, IL as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 15% Part Time, and 3% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $98,155 per year, or $47.2 per hour.

Development Manager

Chicago, IL • Hybrid

EVERGREEN REAL ESTATE SERVICES LLC
11 - 50 employees
Learn more about EVERGREEN REAL ESTATE SERVICES LLCexternal

Full-time

Posted 9 days ago

Job description

Position Title: 

Development Manager- Senior Living 

Department: 

Evergreen Senior Living (ESL) 

Reports To: 

VP of Development (ESL) 

Location: 

Chicago (Hybrid), with periodic travel to Ohio project sites 

FLSA Status: 

Exempt 

Salary Range:  

$100,000-$130,000 + 10% bonus potential 

Job Summary 

Evergreen Real Estate Group is scaling a pipeline of 4% LIHTC Affordable Assisted Living (AAL) communities across Ohio under the Green Oaks brand. Each deal is a ground-up development financed with tax-exempt bonds, 4% LIHTC equity, and layered gap sources. Evergreen Senior Living (ESL) is seeking a Development Manager to work on every phase of these deals — financial modeling, funding applications, due diligence, closing, and construction-period execution. The Development Manager carries the analysis and the deal understanding that moves each project forward, and is a point of contact for investors, lenders, and agencies. 

Key Responsibilities 

Financial Modeling & Underwriting 

  • Own the development proforma for each deal, maintaining the model from initial underwriting through application, closing, construction, and conversion 

  • Run sources and uses, sensitivity analysis, and structuring scenarios 

Funding Applications & Public Finance 

  • Lead preparation of 4% LIHTC and tax-exempt bond applications to OHFA and other state housing finance agencies, plus gap funding applications 

  • Coordinate third-party reports — market studies, appraisals, environmental, and other diligence — to application and lender timelines 

Due Diligence & Closing 

  • Own due diligence checklists across lender, investor, and operator workstreams; review and summarize key documents (loan documents, LPA, PSA, operating agreements) so the team can act on them 

  • Drive the closing process: coordinate counsel, lender, syndicator, and operator; keep the model current; assemble closing packages 

Investor & Lender Communication 

  • Prepare equity and debt packages and respond directly to investor and lender underwriting questions 

  • Manage construction-period reporting to investors, lenders, and agencies, including draw support and conversion deliverables 

  • Write internal analysis and reporting — pipeline updates, deal memos, and investment committee materials 

Predevelopment & Project Support 

  • Support market research, demand analysis, site due diligence, and zoning and entitlement work, including meetings with local governments 

  • Keep deal files organized and current on shared systems so anyone on the team can find what they need 

Education & Experience 

  • Bachelor’s degree in real estate, finance, urban planning, business, or a related field 

  • 5+ years of experience in LIHTC development or ground-up real estate development, with deals taken from underwriting or application through closing 

  • Direct experience with state HFA applications, tax-exempt bond executions, or LIHTC equity closings strongly preferred; senior housing exposure a plus, not required 

Technical & Physical Skills  

  • Advanced Excel modeling skills; able to build and maintain a full development and operating proforma independently 

  • Able to read, question, and summarize deal documents 

Other Requirements 

  • Periodic travel to Ohio project sites for site visits, agency meetings, closings, and community openings 

Skills 

  • Strong written communication for investor, lender, and agency audiences 

  • Organized and reliable across many parallel workstreams 

Work Environment & Physical Demands  

This role is based at Evergreen’s corporate office in Chicago on a hybrid schedule, with periodic travel to Ohio for site visits, agency meetings, closings, and community openings. Specific physical demands were not further detailed in the source job description. Evergreen Real Estate Group provides reasonable accommodations to enable qualified individuals with disabilities to perform the essential functions of this role. 

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