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Real Estate Development Manager Jobs in Minnesota

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Real Estate Development Manager information

See Minnesota salary details

$53.4K

$100.2K

$158.7K

How much do real estate development manager jobs pay per year?

As of Aug 6, 2026, the average yearly pay for real estate development manager in Minnesota is $100,165.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,500.00 and $125,400.00 per year, depending on experience, location, and employer.

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

AspectReal Estate Development ManagerReal Estate Project Coordinator
CredentialsBachelor's degree in real estate, urban planning, or related field; often with experience in developmentBachelor's degree; entry-level or supporting role, often with some industry certifications
Work EnvironmentLeads development projects, interacts with stakeholders, oversees planning and executionSupports project teams, manages schedules, assists with documentation and communication
Employer & Industry UsageReal estate development firms, construction companies, property developersReal estate firms, construction companies, project management teams

The main difference is that the Real Estate Development Manager oversees entire development projects, making strategic decisions, while the Real Estate Project Coordinator supports project execution through administrative and coordination tasks. The manager has more responsibility for project success, whereas the coordinator focuses on supporting roles within the project team.

What are some common challenges faced by real estate development managers during the project lifecycle?

Real Estate Development Managers often encounter challenges such as navigating complex zoning and permitting processes, coordinating with multiple stakeholders (including investors, contractors, and local authorities), and managing project timelines and budgets. Unforeseen issues like market fluctuations, community concerns, or construction delays can also arise, requiring strong problem-solving and negotiation skills. Staying proactive and adaptable is essential for successfully bringing development projects from concept to completion.

What does a real estate development manager do?

A real estate development manager locates undeveloped land and oversees the work to prepare it for commercial or residential real estate construction. They may work on one or more development projects at a time and are knowledgeable of local real estate markets, growth trends, and occupancy rates in cities and counties. A good real estate development manager should be a strong negotiator.

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

To thrive as a Real Estate Development Manager, you need expertise in project management, real estate finance, market analysis, and a relevant degree such as in business, finance, or urban planning. Familiarity with property management software, financial modeling tools, and an understanding of zoning and permitting processes are typically required. Strong negotiation, leadership, and communication skills help drive projects forward and foster productive relationships with stakeholders. These competencies are vital for successfully managing complex development projects from concept to completion while maximizing profitability and minimizing risks.

What does a real estate development manager do?

A Real Estate Development Manager oversees the planning, coordination, and execution of property development projects from inception to completion. Their responsibilities include identifying potential development opportunities, conducting feasibility studies, securing financing, managing budgets, obtaining necessary permits, and coordinating with architects, contractors, and other stakeholders. Their goal is to ensure projects are completed on time, within budget, and in compliance with regulations, while also meeting the financial and strategic objectives of investors or property owners.
What are the most commonly searched types of Real Estate Development jobs in Minnesota? The most popular types of Real Estate Development jobs in Minnesota are:
What are popular job titles related to Real Estate Development Manager jobs in Minnesota? For Real Estate Development Manager jobs in Minnesota, the most frequently searched job titles are:
What cities in Minnesota are hiring for Real Estate Development Manager jobs? Cities in Minnesota with the most Real Estate Development Manager job openings:
Infographic showing various Real Estate Development Manager job openings in Minnesota as of July 2026, with employment types broken down into 1% As Needed, 81% Full Time, 15% Part Time, and 3% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $100,165 per year, or $48.2 per hour.

Director of Real Estate Development

Tierra Encantada

Minneapolis, MN โ€ข Hybrid

$130K - $150K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 13 days ago


Job description

About Tierra Encantada

Tierra Encantada is the fastest-growing Spanish immersion early educationยฎ company in the U.S., providing high-quality care and education to children ages 6 weeks to 6 years. Our model blends language immersion, strong operational standards, and a focus on whole-child development to deliver a differentiated experience for families and educators alike. Backed by a $30M investment from a premier minority investor, we are scaling nationally and on track to double in size every 18-24 months over the next five years. Our growth and performance have been recognized by the Financial Times (The Americas' Fastest Growing Companies), Inc. Magazine (10 Hottest Franchise Businesses in America), and Entrepreneur Magazine (Top 50 Franchise Companies Championing Diversity). We are building a company where operational excellence and accountability are non-negotiable. As we scale rapidly, ensuring consistent performance and strong leadership across centers is critical, making this role a key driver of our continued success. This is an opportunity for a leader who thrives on solving problems, driving measurable results, and building high-performing teams in a fast-paced, high-growth environment.

At Tierra Encantada, our values fuel everything we do. We are passionate about nurturing children's growth and creating intentional learning environments that inspire curiosity and development. We celebrate the richness of diversity, embracing the unique perspectives it brings to our community. Guided by optimism, we are driven by a shared vision for a brighter future for every child, family, and team member we serve. Join us and be part of a mission-driven team that is committed to making a lasting impact-one child, one family, and one community at a time.

Position Overview

The Director of Real Estate Development will own the full front-end development process-from market strategy and site selection through lease execution, entitlements, permitting, and preconstruction coordination. This individual will serve as the primary real estate partner to franchisees and internal stakeholders, ensuring projects move efficiently from market approval to opening. This is a highly autonomous role ideal for someone who thrives in a fast-paced, high-growth environment and can build structure, drive accountability, and make informed decisions with limited internal real estate infrastructure.

Pay and Schedule

This is a full time, exempt position with a typical schedule of Monday through Friday with 4 days per week on site at our corporate headquarters in Minneapolis,MN , and 1 day per week WFH.

The base salary range for this position is $130,000 โ€“ $150,000 annually depends on qualifications, education, and experience. This position is also eligible for an annual performance bonus.

Key Responsibilities

Real Estate Strategy, Site Selection & Sourcing

  • Own and drive the identification, sourcing, and evaluation of potential sites for corporate locations.
  • Build and manage broker relationships and external real estate networks to generate high-quality site opportunities.
  • Define and refine site selection criteria, trade areas, and market priorities aligned with company growth goals.
  • Conduct site feasibility analysis, including demographics, competition, access, zoning, and overall viability.
  • Present site recommendations and key risks to leadership and/or the Real Estate Committee.
  • Support franchisees in site selection by advising on trade areas, location quality, project risk, and speed to opening.
  • Lead the creation and development of territory maps.

Deal Execution, LOIs & Lease Negotiation

  • Lead negotiation of LOIs, leases, renewals, relocations, and other real estate agreements.
  • Structure deals to balance speed, flexibility, risk, and financial performance.
  • Negotiate key business terms including rent, abatements, TI allowances, contingencies, delivery conditions, and use protections.
  • Serve as the primary internal reviewer of leases and real estate agreements, identifying risks and ensuring alignment with company standards.
  • Manage and coordinate external legal counsel as needed.
  • Advise franchisees on LOIs, lease terms, landlord negotiations, and risk considerations to improve deal quality and reduce avoidable delays.
  • Escalate stalled negotiations quickly and drive issues to resolution.
  • Partner with landlords throughout construction to negotiate necessary lease amendments, protect against rent commencing before the location is operational, and secure additional tenant improvement allowances when landlord-delivered conditions result in unanticipated build-out costs.

Entitlements, Permitting & Preconstruction

  • Own the development process from site control through permit release.
  • Develop and execute entitlement and permitting strategies, including zoning analysis, variances, and municipal approvals.
  • Coordinate architects, engineers, consultants, and other third-party partners during due diligence and preconstruction.
  • Represent Tierra Encantada in meetings with municipalities, landlords, developers, consultants, and other external stakeholders as needed.
  • Build and manage project schedules with clear milestones, owners, dependencies, and escalation paths.
  • Proactively identify risks and remove roadblocks to accelerate timelines.
  • Partner cross-functionally to ensure alignment on scope, budget, schedule, and open readiness.
  • Support handoff into construction once permit release is achieved, while maintaining continuity on unresolved municipal or landlord obligations.

Franchise Real Estate Support

  • Serve as the primary real estate advisor to franchisees, guiding them through site selection, deal negotiation, zoning, and development processes.
  • Coach franchisees to improve speed, decision-making, and overall deal quality.
  • Balance brand standards, speed to opening, and franchisee economics in all real estate decisions.
  • Improve visibility into franchise development status, risks, and next steps across the pipeline.

Pipeline Management & Execution

  • Own and manage the real estate development pipeline from site identification through permit release, with accurate, current status reporting for leadership.
  • Build and maintain development trackers, dashboards, and reporting systems
  • Establish a weekly execution cadence with clear milestones, owners, and accountability.
  • Provide visibility into pipeline health, risks, timelines, and progress to leadership.
  • Drive process improvements to reduce delays and improve development outcomes.

Systems, Tools & Process Development

  • Utilize and optimize tools such as Smartsheet, SiteZeus, FranConnect, or similar platforms to manage site selection and development tracking.
  • Build scalable systems, templates, and SOPs to improve speed, consistency, and visibility across the development function.

Position Requirements

  • 7+ years of experience in multi-site commercial real estate and/or land development environments in early childcare, retail, QSR, or other related industries.
  • Proven experience leading site selection, LOI and lease negotiation, due diligence, entitlements, and preconstruction processes.
  • Strong understanding of commercial lease structures and ability to review, redline, and negotiate real estate agreements with a clear understanding of legal and business risk.
  • Experience evaluating prospective real estate locations for zoning, land-use, permitting, and other entitlement requirements strongly preferred.
  • Experience working with or managing external legal counsel on real estate transactions.
  • Demonstrated ability to manage multiple projects across different markets and municipalities.
  • Experience supporting franchisees or multi-unit operators strongly preferred.
  • Strong financial and analytical skills, including evaluating deal economics and site feasibility.
  • Experience using development tracking and site selection tools (e.g., SmartSheet, SiteZeus, FranConnect, or similar).
  • Highly organized, detail-oriented, and able to operate independently with a high level of ownership.
  • Strong communication and stakeholder management skills across internal teams, franchisees, brokers, landlords, and municipalities.
  • Hands-on, roll-up-your-sleeves style with a focus on accountability, speed, and results.
  • Ability to travel as needed (approximately 1โ€“3 days per month or as required by projects).

Preferred Qualifications

  • Bachelor's degree in Real Estate, Business, Construction Management, Urban Planning, Architecture, or related field.
  • Experience building or improving real estate development processes in a high-growth organization.
  • Familiarity with childcare, education, retail, or franchise development environments.

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • 12 paid holidays
  • PTO accrual of 160 hours
  • 401(k) with 3% employer match
  • Discounted childcare and waitlist priority for enrollment
  • Company paid professional development
  • Corporate office amenities (gym, wellness/nursing room, onsite company cafe with coffee, espresso bar, beverages, and snacks available to employees at no cost, onsite free parking), casual work environment, and employee-focused events.

Additional Information About the Position

Tierra Encantada is an equal opportunity employer. Agency applications will not be considered.No immigration sponsorship is available for this position.E-Verify is used to verify employment eligibility.