The Director of Development will lead the company's development strategy, oversee project sourcing and financing, manage teams, and ensure financial feasibility.
Path Construction is seeking a Director of Development to lead the execution and evolution of the company’s development and new construction strategy. This role will oversee the sourcing, evaluation, and delivery of development projects across key markets including Illinois, Tennessee, North Carolina, and Arizona.
Path Construction is a rapidly growing general contractor headquartered in Arlington Heights, IL, with projects and offices throughout the country. Founded in 2008, Path provides a wide range of construction services across diverse sectors including healthcare, higher education, multi-family, hospitality, retail, self-storage, senior living, transportation, water and waste treatment, convention centers, laboratories, correctional, and institutional projects.
Our philosophy centers on staying at the forefront of the construction process, delivering unmatched customer satisfaction, and investing in the growth and quality of our people.
Duties for the Director of Development include:
- Lead and refine the company’s development strategy, aligning initiatives with overall business growth objectives
- Identify, source, and pursue new development opportunities across target markets
- Oversee the evaluation and underwriting of development opportunities, including financial modeling and risk analysis
- Direct the preparation and review of pro-formas, ensuring financial feasibility and alignment with return targets
- Partner closely with executive leadership and finance to structure and secure project financing
- Oversee the pre-entitlement and entitlement process, ensuring timelines and budgets are met
- Provide strategic oversight of development budgets, schedules, and execution performance
- Lead or support negotiations of contracts, term sheets, loan documents, and joint venture agreements
- Manage and mentor development team members while coordinating cross-functionally with construction, finance, and operations teams
- Oversee third-party consultants across all phases including site selection, entitlement, design, financing, leasing, and disposition
- Develop and execute capital sourcing strategies, maintaining relationships with equity partners, lenders, and institutional investors
- Build and maintain strong relationships with brokers, landowners, municipalities, and other key stakeholders to drive pipeline growth
Requirements
- 8+ years of real estate development experience (with progression into leadership responsibilities preferred)
- Strong experience across asset classes such as multifamily, healthcare, education, or industrial development
- Demonstrated experience leading projects from concept through completion
- Advanced proficiency in real estate underwriting, financial modeling, and development finance
- Proven ability to manage complex deals, stakeholders, and timelines
- Strong leadership, communication, and relationship-building skills
- Highly analytical with strong decision-making capabilities
Benefits
We offer:
- Annual Salary Range: $130,000 - $210,000
- Bonus Plan
- 401(k)
- PTO
- Certification Training
- Health, Dental, Vision, Life, Long-Term and Short-Term Disability Insurance
- Company cellphone and computer
- Financial and Mental Health Support through a third party
- Travel and Entertainment Discount Program
Path Construction Company Arlington Heights, Illinois, USA Office
Arlington Heights, IL, United States
Path Construction Company Chicago, Illinois, USA Office
Chicago, United States
Similar Jobs
Cloud • Healthtech • Professional Services • Software • Pharmaceutical
Drives revenue growth and strategic partnerships for elluminate SaaS and analytics solutions serving biotech and pharmaceutical clients. Responsibilities include territory strategy, pipeline development, complex deal closure, executive client engagement, proposals, contract negotiation, account expansion, market strategy, pricing, and cross-functional collaboration. Requires life sciences SaaS sales expertise, knowledge of clinical trial processes, strong commercial acumen, and experience closing large multi-year contracts.
Top Skills:
Data AnalyticsElluminate Clinical Data CloudSaaSSalesforce
Big Data • Fintech • Information Technology • Business Intelligence • Financial Services • Cybersecurity • Big Data Analytics
Leads Utility and Energy market strategy, growth, commercialization, business development, and strategic planning. The role identifies market opportunities, develops target-account and pipeline strategies, supports revenue growth, conducts market and competitive analysis, leads customer advisory initiatives, manages executive relationships, and advances complex strategic deals. It also partners cross-functionally on seller enablement, investment prioritization, business cases, and multi-year growth objectives.
Top Skills:
Business Intelligence ToolsCRMExcelMicrosoft Powerpoint
Big Data • Food • Hardware • Machine Learning • Retail • Automation • Manufacturing
Leads corporate development activities, including identifying, evaluating, valuing, negotiating, and executing acquisitions, partnerships, joint ventures, and investments. Oversees due diligence, transaction documentation, M&A strategy, and post-acquisition integration while presenting recommendations to senior leadership. Builds and leads a high-performing team, recruits and develops talent, and manages cross-functional internal and external resources across complex transactions.
What you need to know about the Chicago Tech Scene
With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.
Key Facts About Chicago Tech
- Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
- Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
- Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
- Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory
