Senior Construction Manager

Senior Construction Manager

Bridge
33 Capital is a rapidly growing, vertically integrated real estate private equity firm specializing in owning and operating open-air retail real estate. Poised to launch its next fund—a pivotal milestone—the Company remains dedicated to driving value at every stage of the investment lifecycle.

We are seeking a Senior Construction Manager to provide management oversight for assigned construction and tenant improvement projects – including planning, estimating, budgeting, contract negotiation, and tenant coordination while also serving as a team lead and mentor to other team members. This is a full-time role based in our Chicago office (4 days/week in-office, 1 day/week WFH). Come make your mark as an integral part of Bridge
33 Capital!

We build relationships and create value where others don't.

We're Better Together | We're Here to Serve | We crush our egos, and we have empathy for teammates | We stay positive | We embrace accountability, and we champion results.

Essential Responsibilities

• Manage assigned construction and tenant improvement projects from conception through tenant opening, including scope, budgeting, and scheduling during the leasing process.
• Provide accurate LLW estimates and manage LLW budgets, timelines, and change orders; develop preconstruction Gantt schedules from lease execution through rent commencement and flag blackout period or liquidated damages exposure, providing leasing with realistic, data-driven RCD dates.
• Negotiate general contractor, architectural, engineering, and construction contracts.
• Identify design/construction elements likely to cause disputes and pursue value-engineering opportunities.
• Ensure projects are delivered on time and within budget through site inspections, pay application review, punch list completion, and project close-out — including handoff to property management with warranty and maintenance documentation.
• Coordinate all project parties, including property management, leasing, architects, consultants, contractors, sub-contractors, and laborers.
• Collect and track lien waivers on landlord-managed work, ensuring proper waivers are in hand before payments and at close-out.
• Manage the Tenant Allowance disbursement process; review, comment on, and approve tenant plans for design-criteria compliance, and maintain tenant design criteria manuals.
• Manage the permit process with local jurisdictions and independently navigate permitting and inspections.
• Coordinate space delivery and support tenants — especially local, high-impact, or inexperienced tenants — through design, permitting, and build-out; negotiate LLW or tenant scope to expedite lease execution.
• Review and markup construction-related LOI terms and develop preliminary budgets to inform deal economics; participate in Deal Milestone Reviews and Pre-REC meetings.
• Serve as the landlord's representative for ground-up outparcel development, including predevelopment due diligence and zoning/entitlement coordination.
• Coordinate with legal on work letter, delivery condition, default provision, and contract terms.
• Support acquisitions and dispositions due diligence, including budget input for underwriting, site visits, and construction expenditure history
• Monitor project costs against approved budgets, flag material variances, and contribute cost data to refine future budget assumptions.
• Provide team leadership — championing best practices and process improvements, and mentoring Construction Managers.
• Self-manage workload through reporting and weekly meetings; escalate material issues to leadership with proposed solutions.
• Provide a high level of customer service to internal and external stakeholders, including Leasing, Asset Management, Property Management, Legal, and tenants.
• Ensure project documentation is complete. Some travel is required. Perform other duties as assigned.