Rick Hill is an innovative leader in the retail, restaurant and entertainment real estate industry. He is an expert in the conceptualization and positioning of transformative developments and excels at communicating the market opportunity of his client’s projects to the capital markets, governing authorities, merchants and the community. His merchandising and leasing strategies empower the marketing team and significantly increases the velocity of lease transactions.
He began his career with national mall developer, The Rouse Company, where he spent eight years directing the marketing, management and redevelopment of enclosed malls.
Between 1988 and 2001 he built, Hill Partners Inc., a national property management company with a focus on specialty centers in large metropolitan markets. In 2001 he sold the management portion of his business to concentrate on the planning & development of major projects.
Noted projects include the redevelopment of the Jackson Brewery located on Jackson Square in New Orleans; the redevelopment of Fashion Island in Miami; the development of Barefoot Landing in Myrtle Beach, SC; the merchandising strategy for the redevelopment in New York’s Coney Island; and creation of the retail strategy for the Village at Gulfstream Park.
Outside of the shopping center industry he has created strategic plans for such notable non-traditional retail environments as the Sears Tower, luxury hotels, indoor water parks, train terminals, the Sponsor Pavilions for the 1996 Olympics, and National Parks.
His clients have included the public sector, institutional owners, and private owners such as New York Life, Teachers Insurance, Stanford University Pension Fund, Magna Entertainment, Strategic Hotels & Resorts, and the City of Atlanta.
In Mr. Hill’s early career, he has leased well over 4,000,000 square feet of retail space including obtaining the commitment of IKEA enter the United States and open their first store in Plymouth Mall in Philadelphia. Today he focuses on the planning of properties.
He has been the recipient of several international awards from the International Council of Shopping Centers (best consumer campaign, best grand opening) and the Urban Land Institute (best redevelopment).