Senior Development Director

7 days ago

Riyadh, Ar Riyāḑ, Saudi Arabia Cornerstone Global Partners MENA Full time

Role Purpose

The Senior Development Director – Residential
will lead the end-to-end development of large-scale residential communities forming a core component of a landmark global mega-development project. This role will be responsible for shaping residential strategy, driving master planning, overseeing design and delivery, managing development feasibility, and ensuring world-class quality, commercial success, and timely delivery aligned with international event milestones.

Key Responsibilities

  • Lead the residential development strategy across multiple districts and communities within a giga-scale master development.
  • Drive concept planning, land use optimization, density strategy, product mix, and phasing aligned with the overall master plan and event timelines.
  • Define residential typologies including villas, townhouses, apartments, branded residences, serviced living, and workforce housing.
  • Ensure alignment between development strategy, market demand, investment returns, and long-term legacy objectives.
  • Lead development feasibility, financial modeling, and investment business cases for all residential assets.
  • Drive product positioning, pricing strategy, and sales phasing in collaboration with commercial and sales teams.
  • Manage development budgets, CAPEX, IRR targets, and overall residential portfolio profitability.
  • Oversee value engineering and cost optimization without compromising quality or brand positioning.
  • Lead architectural vision and residential design standards across all communities.
  • Oversee master planners, architects, urban designers, landscape designers, and interior designers.
  • Establish residential design guidelines, sustainability standards, smart living principles, and wellness-driven communities.
  • Ensure delivery of globally benchmarked residential products that set new standards for lifestyle, placemaking, and urban living.
  • Oversee development delivery from concept through design, procurement, construction, handover, and post-event legacy transition.
  • Work closely with project management, construction, infrastructure, and utilities teams to ensure seamless delivery.
  • Manage development risk, program milestones, and critical path to meet immovable EXPO deadlines.
  • Ensure full compliance with authority approvals, development regulations, and governance frameworks.

Key Requirements

  • 18+ years of experience in real estate development with a strong track record in large-scale residential and mixed-use master developments.
  • Bachelor's degree in Real Estate, Architecture, Urban Planning, Engineering, or related discipline.
  • Master's degree (MBA, Real Estate Development, or Urban Development) is highly preferred.
  • Proven leadership experience delivering multi-billion-dollar residential portfolios for major master developers or giga-projects.
  • Strong experience across the full development lifecycle: feasibility, design, approvals, delivery, sales, and asset stabilization.

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