Director of Development

Path Construction· Path Central
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📍 Chicago, Illinois, United StatesFull time💰 USD 130K–210K

About this role

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
  • 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

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

Frequently Asked Questions

What is the salary for the Director of Development role at Path Construction?
The listed salary for this Director of Development position at Path Construction is USD 130K–210K. This is an Full time role.
Where is the Director of Development position at Path Construction located?
This Director of Development role at Path Construction is based in Chicago, Illinois, United States. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Director of Development role at Path Construction full-time or part-time?
This is listed as a Full time position. It is posted as a Director of Development role in the Path Central department at Path Construction.
Which team or department does the Director of Development at Path Construction belong to?
This Director of Development position is part of the Path Central department at Path Construction. See the full job description for more information about the team structure and responsibilities.
How do I apply for the Director of Development position at Path Construction?
Click the "Apply Now" button on this page. You will be redirected to Path Construction's official application portal hosted on workable where you can submit your application directly.
When was the Director of Development job at Path Construction posted?
This Director of Development position at Path Construction was posted on Apr 28, 2026. Apply as soon as possible — early applications are often reviewed first.
Director of Development
Path Construction · 💰 USD 130K–210K
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You'll be redirected to Path Construction's official application page on workable.