Vice President, Store Development & Real Estate

Vice President, Store Development & Real Estate

Vice President, Store Development & Real Estate

Location Address : 100 Queens Quay East, 9th Floor, Toronto

Number of Openings : 1

Pay : $166,577.78 - $270,688.89

Job Posting Description :

This is a hybrid role #LI-Hybrid.

Reporting to the Chief Retail Officer, the VP Store Development & Real Estate will lead the LCBO’s Store Development and Real Estate Division in support of the organization’s short- and long-term business objectives.

You will direct the entire portfolio of real estate assets and direct all stages of the store life cycle in support of LCBO's strategy.

You will present recommendations for all real estate transactions including sale of property to the Store Planning and Development Committee, and all leases and other contracts (over $3 million) and sale of property to the Board of Directors for approval.

You will also provide store lifecycle services to OCRC for its established retail chain and oversee the day-to-day facilities management across the enterprise.

About the Role

• Conceive, plan, and direct the implementation of a store network and store development strategy which is aligned with the strategic objectives of the organization.
• Continually monitor and assess the potential impact of technology, competition from wholesale and agency stores and evolving customer buying patterns on the current real estate portfolio.
• Lead the development of strategies, new store designs and store network changes / renovations and enhancements in support of omni-channel, ecommerce, digital initiatives, and evolving customer buying preferences.
• Lead the Store Development and Real Estate division and all the functions required in support of corporate and government owned properties.
• Safeguard and direct the management of the existing corporate real estate portfolio which is comprised of Retail stores ( 660), Wholesale Depots (3), and the Regional and Corporate Offices.
• Ensure the division maintains the infrastructure, program management, project management disciplines and administrative processes required to effectively direct and manage a large volume of projects.
• Collaborate and confer with legal regarding the preparation, negotiation and execution of all legal documents required in support of divisional functions.
• Ensure the SD&RE division complies with all applicable corporate policies, procurement guidelines and government legislation related to real estate activities.
• Support the development of new businesses and major LCBO strategic initiatives that require store development and real estate support and services.
• Maintain effective working relationships with a broad mix of internal and external stakeholders involved in various components of the end-to-end real estate cycle.

About You

• University Degree in Design, Engineering or Architecture.
• A professional designation from ARIDO, OAA or PEC.
• 10-15 years of experience in a retail store design, development, and construction environment.
• 5+ years of experience managing a large team of professionals.
• Ability to manage a large team of external service providers and trades.
• Strong understanding of location analysis and real estate risk.
• Collaborate with all levels of management and negotiate with suppliers and contractors.
• Strong project planning and management skills.
• Previous experience working within large Retail environments.
• Well-developed relationship management and the ability to work with various levels of the organizations.

We offer a comprehensive suite of benefits, including access to an Employee & Family Assistance Program, a Defined Benefit Pension, discounts on products and services via Workperks, and much more.

Work Hours : 36.25

Union / Non-Union : Non-Union

Job Posting End Date : September 19, 2024

The LCBO is an equal opportunity employer and committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act.

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