Director of Development
Start Your Journey with Midas Hospitality
Midas Hospitality is seeking a Director of Development to lead and coordinate real estate development projects across hospitality, multi-family residential, and retail assets. This position will provide oversight throughout the development lifecycle, working closely with architects, engineers, contractors, consultants, financial partners, internal stakeholders, and other project partners.
The Director of Development will provide hands-on leadership across acquisition, feasibility, predevelopment, entitlements, design, permitting, procurement, construction, leasing, and disposition. This role will manage project budgets, schedules, consultants, contractors, and execution while representing the ownership interests of Midas Hospitality and ensuring projects progress toward established financial, operational, quality, and timing objectives.
The Director of Development will manage multiple projects and priorities in a fast-paced environment while providing leadership, guidance, and support to members of the Development team.
What You Will Be Doing
Real Estate Development & Project Leadership
Lead and coordinate assigned real estate development projects from initial planning and acquisition through completion and disposition.Manage multiple development projects simultaneously while balancing competing priorities, deadlines, budgets, and project objectives.Serve as an owner representative throughout the development and construction process.Provide hands-on oversight of project planning, design, construction services procurement, scheduling, budgeting, and execution.Establish and maintain project goals, timelines, budgets, and deliverables.Monitor project progress and proactively identify risks, delays, cost concerns, and other issues that may affect project objectives.Lead projects from an ownership perspective to support timely and successful completion.
Predevelopment, Acquisition & Feasibility
Coordinate and manage the predevelopment process, including conceptual planning, site evaluation, design development, construction pricing, and entitlement activities.Assist with acquisition-related activities, including necessary due diligence, and evaluate development opportunities as assigned.Assist with financial projections and development assumptions for individual projects.Coordinate with internal and external partners to evaluate project feasibility, development costs, schedules, and potential risks.Support the preparation and review of project budgets, schedules, and development plans.
Design, Entitlements & Permitting
Provide Leadership throughout the design and entitlement process.Oversee the coordination of architectural, structural, civil, mechanical, electrical, plumbing, landscape, geotechnical, environmental, and other required consulting services.Review plans and specifications to support project objectives and identify potential issues.Ensure project design and development activities remain aligned with approved budgets, schedules, and project requirements.
Hospitality Brand & Project Partnerships
Assist with securing and coordinating hospitality brand franchise agreements and related requirements.Coordinate with hospitality brand representatives and other project partners to support brand compliance and project execution.Maintain awareness of project-specific brand requirements, design standards, and development expectations.Support coordination between development, ownership, operations, brand partners, and external consultants.
Financing & Financial Management
Assist with efforts to secure project financing and applicable financial incentives.Develop, maintain, and manage approved project budgets.Monitor project financial performance and communicate budget variances and financial risks to leadership.Assist with development financial projections and project cost analysis.Track project costs and commitments throughout the development process.Review vendor contracts, change requests, and other project-related financial obligations.
Construction & Project Execution
Coordinate and manage the construction process for assigned projects from an ownership perspective.Coordinate with general contractors, subcontractors, architects, engineers, consultants, and owners capital projects group to support project execution.Monitor construction progress against approved plans, schedules, budgets, contracts, and project objectives.Conduct or coordinate onsite owner inspections and monitor building construction activities.Responsible for project punch lists and completion activities including certificate of occupancy.Track contractor performance, project milestones, challenge and negotiate change order requests.Help ensure completed work aligns with project plans, specifications, contracts, and established quality expectations.
Project Reporting & Documentation
Maintain accurate project schedules, budgets, tracking documents, contracts, and other development records.Track each project against established budgets, timelines, goals, and milestones.Prepare and provide regular project status updates and reports to Development leadership.Maintain project tracking systems and ensure information remains current and accurate.Communicate project risks, challenges, decisions, required actions to appropriate stakeholders.Support project closeout and transition activities as assigned.
Consultant & Vendor Management
Negotiate and coordinate the engagement and ongoing management of third-party consultants and project partners.Manage relationships with architects, contractors, engineers, surveyors, environmental consultants, geotechnical consultants, and other professional service providers.Review consultant and vendor scopes, contracts, deliverables, and change requests.Hold project partners accountable to established schedules, scopes, budgets, and deliverables.
Team Leadership & Development
Provide leadership, guidance, and support to members of the Development team.Assist with the supervision and development of Development Managers, Assistant Project Managers, and other Development team members as assigned.Help establish priorities, expectations, and project responsibilities across the Development team.Support collaboration and communication among Development team members and cross-functional partners including owners capital project group.Share development knowledge and best practices to support the continued growth of the team.
What You Bring
Required Qualifications
Bachelors degree in architecture, Engineering, Construction Management, Real Estate Development, or a related field, or an equivalent combination of education and work-related experience.5-10 years of relevant professional experience in real estate development, construction, project management, architecture, engineering, or a related field.Demonstrated experience managing complex development or construction projects from predevelopment through completion.Strong understanding of construction contracts, plans, specifications, budgets, schedules, and project execution.Strong project management, organizational, and analytical skills.Ability to manage multiple projects and priorities simultaneously.Strong written and verbal communication skills.Strong interpersonal skills with the ability to work collaboratively with internal and external stakeholders.Proficiency with Microsoft Word, PowerPoint, Excel, Procore, and project management software.Ability to work independently while effectively collaborating with a broader Development team.Ability to travel to project locations and other business-related destinations as required.
Preferred Qualifications
Experience in hospitality, hotel, multifamily, retail, and redevelopment projects. Strong understanding of entitlements, permitting, zoning, and regulatory approvals. Ability to manage franchise requirements, project financing, and development budgeting. Proven experience coordinating cross-functional project teams, including contractors, architects, engineers, and consultants. Skilled in project management systems; PMP certification/training preferred. Skilled in contract negotiation.
Core Competencies
Strong background in real estate and hospitality development, including acquisitions, feasibility studies, predevelopment, and construction management. Proven project management experience with budgeting, scheduling, risk mitigation, contract administration, and owner's representation. Knowledge of zoning, entitlements, permitting, design coordination, and construction documentation. Experience managing vendors, consultants, contractors, and cross-functional project teams. Strong financial analysis, negotiation, stakeholder management, communication, and leadership skills. Proficiency with Microsoft Office and project management software.
Reporting Structure
Reports To: VP of Development
Department: Development
Supervises: Development team members as assigned, including, Development Managers, Assistant Project Managers, and other team members as applicable
FLSA Status: Exempt
Travel
This position is non remote role based in St. Louis, Missouri, with approximately 30% travel required annually within the state of MO. Travel may include visits to development and construction project locations, meetings with consultants and project partners, property inspections, and other business-related travel.
Benefits
At Midas Hospitality, we invest in our associates and provide opportunities to grow both personally and professionally. Benefits may include:
Career growth and development opportunitiesPaid Time Off (PTO)Medical, Dental, and Vision insurance401(k) with company matchEmployee Assistance Program (EAP)Hotel and travel discountsRecognition and advancement opportunities
About Midas Hospitality
Founded in 2006, Midas Hospitality has grown to more than 1,000 associates and a portfolio of 60+ hotels across 14 states. The company partners with Marriott, Hilton, and IHG.
At Midas Hospitality, our associates are the heart of our success. We believe in creating an environment where team members can build rewarding careers, contribute meaningful work, and be recognized for their achievements.
Midas Hospitality is committed to a people-first culture focused on growth, teamwork, opportunity, and exceptional guest experiences.
Midas Hospitality is proud to be an Equal Opportunity Employer and maintains a drug-free workplace.
