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Development Project Executive

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Lg Group
Full Time position
Listed on 2026-06-05
Job specializations:
  • Management
    Operations Manager, Program / Project Manager
  • Construction
    Operations Manager
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

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Development Project Executive

The Project Executive (PX) is the senior construction leader responsible for delivering LG Development's multifamily ground-up projects from preconstruction through certificate of occupancy. Operating at the intersection of development and construction, the PX owns overall project performance across cost, schedule, quality, and risk while serving as the primary point of accountability for the construction team, ensuring that we execute with the discipline, field credibility, and commercial rigor expected of a high-performing general contractor.

The ideal candidate is a seasoned general contracting professional who has led complex projects in the multifamily space, knows how to build and hold a team accountable, and brings the subcontractor relationships and site-level authority to deliver predictable outcomes at scale.

REPORTING STRUCTURE
  • Company: LG Development
  • Department:
    Develop-Build Execution
  • Direct Reporting To:
    Director of Development
CORE

ACCOUNTABILITIES
  • Project Delivery Success & Risk Management
  • Critical Decisions & Issue Resolution
  • Client Satisfaction
  • Key Stakeholder/Partner Relations & Management
KEY RESPONSIBILITIES Operational Excellence & Team Leadership
  • Oversee the allocation of resources (staffing) across projects to ensure efficiency, productivity, and proper coverage at all times
  • Lead, develop, and retain the project management team; conduct regular performance reviews, provide ongoing coaching, and build bench strength within the execution team
  • Develop and continuously improve construction standards, policies, and process documentation — building the operational infrastructure that supports consistent delivery as the portfolio grows
Project Delivery & Schedule Management
  • Own overall construction schedule across all active projects from GMP execution through certificate of occupancy
  • Establish and enforce master project schedules with clear milestone accountability for trade partners and design consultants
  • Chair OAC meetings on all active projects, maintaining consistent meeting cadence and documented action logs
  • Identify and resolve schedule risks early; develop and manage recovery plans when milestones are at risk
  • Coordinate project sequencing, phasing, and delivery timelines to align with lease-up and capital event schedules
  • Approve and oversee project site logistics plans, phasing strategies, and construction means and methods to maximize field productivity and minimize disruption
  • Manage final closeout and punch list process, targeting completion within 30 days of substantial completion
Budget & Financial Management
  • Oversee contract negotiations and resolution of contractual disputes with subcontractors and vendors
  • Protect project-level financial performance by driving rigorous subcontractor buyout, change order management, and cost-to-complete forecasting
  • Review and approve all pay applications, construction draws, and change orders in alignment with contract and lender requirements; ensure billing accuracy and timely processing throughout the project lifecycle
  • Maintain real-time cost-to-complete tracking on each project; surface variances from contract schedule of values to the leadership team with root cause analysis
  • Manage owner contingency with discipline, tracking utilization against approved budget thresholds
  • Provide accurate financial forecasting to executive leadership for all active projects, including committed cost tracking, projected final cost, and contingency status
  • Prepare and submit lender and capital partner draw packages accurately and on schedule, ensuring zero documentation-related rejections
  • Conduct post-project financial closeout reviews to validate budget performance and inform future pro forma assumptions and drive continuous improvement in estimating and buyout practices
Preconstruction & Design Coordination
  • Lead constructability reviews and value engineering sessions during preconstruction to eliminate cost and schedule risk before contract execution
  • Coordinate design team (architect, MEP, structural) through construction documents to minimize RFIs, design conflicts, and unexpected costs during project execution
  • Establish and manage…
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