Real Estate Development Director

Job Description

Job Description

Description :

The Puerto Rican Cultural Center (PRCC), founded on November 17, 1972, as an Illinois Not-For-Profit Charitable Corporation, is a community-based institution dedicated to serving the social and cultural needs of Chicago’s Puerto Rican / Latino community. Built on principles of self-determination, self-actualization, and self-reliance, PRCC operates with the motto, “To live and help to live.” Named after the renowned Puerto Rican poet and political leader, Juan Antonio Corretjer, PRCC is committed to providing a space where individuals come together to address pressing issues, recover their history, and celebrate their culture through music, poetry, and drama.

PRCC is actively involved in economic and community development and plays a pivotal role in creating and sustaining Barrio Borikén—an area that celebrates Puerto Rican culture and supports small businesses and working families. In addition to its many programs, PRCC owns several properties in Humboldt Park, contributing to the growth and sustainability of the community.

POSITION OVERVIEW :

The Real Estate Development Director will lead PRCC's real estate development efforts as part of the economic development initiatives within the Barrio Borikén project. The Director will focus on acquiring properties, coordinating renovations, supporting small businesses, and securing funding to foster sustainable development in the community. This role requires expertise in managing commercial real estate development projects, including capital coordination, property acquisitions, design, construction, and tenant recruitment.

KEY RESPONSIBILITIES :

• Lead property acquisitions to further the goals of the Barrio Borikén economic development project.
• Manage the renovation and upgrading of building stock in alignment with the community’s needs.
• Provide support to small businesses seeking renovated storefronts, including securing financing and facilitating leasing processes.
• Secure capital for real estate development activities, including grants, loans, and other funding sources.
• Assess and manage financial feasibility of real estate projects, preparing budgets, and conducting due diligence.

Requirements :

QUALIFICATIONS :

EDUCATION :

Type of Job

WORKING CONDITIONS AND PHYSICAL REQUIREMENTS :

OSHA Category 3 – Involves no regular exposure to blood, body fluids, or tissues. Tasks involving such exposure are not part of the employment requirements.

Equal Employment Opportunity Statement :

The Puerto Rican Cultural Center (PRCC) is an equal opportunity employer committed to creating an inclusive and diverse workplace. PRCC provides equal employment opportunities to all applicants and does not discriminate in recruiting, hiring, or promotion based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other basis or characteristic protected by federal, state, or local law. PRCC is also committed to providing reasonable accommodations for qualified individuals with disabilities.