Director, Development Execution & Real Estate, Tim Hortons
Listed on 2026-10-12
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Real Estate/Property
Real Estate Finance & Analysis, Real Estate Development
Job Summary
The Director, Development Execution & Real Estate owns the strategy and execution of the Tim Hortons US restaurant development pipeline, including new restaurant openings, remodels, closures, and real estate site selection. This role is accountable for the health, growth, and optimization of the US restaurant portfolio and leads a team of four.
The Director develops and executes the broader market expansion and real estate strategy for Tim Hortons US, helping guide where and how the brand grows across the United States. The role requires thoughtful evaluation of market potential, real estate availability, restaurant density, franchisee capabilities, supply-chain considerations, and long‑term portfolio economics.
The Director partners directly with Tim Hortons US leadership, franchisees, Legal, Finance, Design & Construction, and RBI’s broader real estate and development community to drive profitable new‑unit growth, portfolio optimization, and restaurant image transformation.
This role owns the development lifecycle from market and site identification through real estate underwriting, site approval, construction handoff, and grand opening, while also leading remodel strategy and closure mitigation to protect the health of the overall restaurant network.
RBI follows a 5 day, in‑office work schedule to support collaboration. Successful candidates will be expected to work onsite 5 days per week.
Responsibilities- Own the strategy, budget, and execution of the US restaurant development pipeline, including new openings, remodels, and closures, in partnership with Tim Hortons US leadership.
- Develop and execute the market expansion and real estate strategy for Tim Hortons US, including market prioritization, existing‑market densification, adjacent‑market expansion, and selective entry into new markets.
- Evaluate market opportunities based on long‑term growth potential, restaurant density, real estate availability, franchisee capabilities, supply‑chain access, customer awareness, and operating scale.
- Lead the Real Estate function for Tim Hortons US, overseeing site‑selection strategy, market planning, real estate underwriting, and site‑approval recommendations.
- Lead the Development Execution function, overseeing the administrative, approval, and project‑management processes supporting restaurant openings and remodels.
- Build and review financial analyses for development and real estate opportunities, including site‑level ROI, IRR, payback, capital investment, rent, incentives, sensitivities, and portfolio‑level tradeoffs.
- Translate analysis into clear recommendations for senior leadership.
- Manage, coach, and develop a team of four, setting priorities, building capability, and driving accountability across both functions.
- Serve as the primary point of accountability to Tim Hortons leadership for market recommendations, site recommendations, portfolio strategy, development economics, and closure mitigation plans.
- Partner cross‑functionally with franchisees, Finance, Design & Construction, Legal, and external stakeholders to ensure real estate transactions and development projects are completed on time, within budget, and in line with approved returns.
- Lead closure mitigation and portfolio optimization strategy for the US market, identifying at‑risk restaurants early and developing retention, relocation, transfer, or closure plans to protect the overall network.
- Own the US remodel pipeline, ensuring restaurants are prioritized appropriately, investment scopes are aligned with restaurant economics, image standards are met, and projects remain on schedule.
- Oversee project setup, tracking, and reporting across Lucernex and other project‑management systems, ensuring data integrity and reliable leadership…
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