Senior Director of Development - Midas Hospitality
St. Louis, MO
About the Job
Start Your Journey with Midas Hospitality:
Midas Hospitality is hiring a Senior Director of Development. This person will manage all aspects of the development process including acquisition, feasibility analysis, underwriting & financing, zoning & entitlements, design, permitting, construction, leasing, and disposition. The Sr. Director of Development will perform hands-on management of project-planning, design, procurement, scheduling, budget management and project execution in a professional manner while assisting in the supervision of a skilled team of professionals including the Directors of Development, Development Managers, and other members of the Development team.
What You Will Be Doing:
- Assist with the feasibility analysis for potential developments. This includes site studies, site selection, site
assembly, market studies, and financial proforma analysis. - Coordinate and oversee the engagement and ongoing coordination of third-party consultants which may
include architects, contractors (GC's) mechanical, electrical, plumbing, structural, civil engineers, landscape
architects, surveyors, geotechnical and/or environmental consultants. - Coordinate and manage the predevelopment process including conceptual design, construction pricing, and
entitlements. - Develop and manage approved project budgets and schedules.
- Update and maintain financial projections for individual projects.
- Assist with the process of securing and coordinating hospitality brand franchises.
- Assist and support efforts to secure project financing including various financial incentives.
- Coordinate and manage the construction process of assigned projects.
- Manage and report on each project against budgets, timelines and goals and provide reports on the status
where required. - Track vendor contracts and change requests.
- Oversee the construction contractor's field operations, including managing and coordinating owner
inspections and punch lists. Manage the approval of all contractor invoices and requisitions for payment. - Perform duties consistent with an "Owners Representative" as that term is understood in the real estate
development industry. - Participate in the commercial leasing efforts where applicable.
- Conduct inspections and monitor construction progress to ensure the work complies with contracts.
- Lead multiple projects and ensure timely closings, commencement and completion of all projects.
The Ideal Candidate:
Bachelor's degree in Architecture, Engineering, Construction Management or a relevant field of work, or an equivalent combination of education and work-related experience of at least 10 years
Experience in hospitality development preferred
High-level comprehension of plans and specifications
- General understanding of the real estate development industry
Advanced skills with MS Word, PowerPoint, Excel and MS Project
Ability to maintain Project Tracking software
Strong organizational and analytical ability
Ability to communicate effectively both verbally and written
Strong interpersonal skills and ability to work collaboratively
About Us:
From humble beginnings in 2006 to an enterprise being driven by more than 1,300 people today, Midas Hospitality has never lost sight of our #1 priority - people. Currently, Midas Hospitality operates 40+ hotels in 14 states and Midas Development has over $800 million in current development projects. Midas manages and develops properties for leading brands such as Marriott, Hilton and IHG and develops not only hotels but also retail, office and multifamily. At Midas, we make room for people's dreams. That means building a company where people love to work, our financial partners love the results and everyone loves the experience.
As a people-first organization, we offer opportunities to grow and benefits to flourish for anyone with a desire to serve others and a tremendous work ethic. We aim to competitively compensate our associates and reward their contributions.
Please visit our website for more information: www.midashospitality.com
We offer a range of benefits including, but not limited to:
Semi annual bonus
Growth and development tools and access to learning
Robust PTO policies
Medical/Dental/Vision Coverage
401k matching
Employee Assistance Program
Discounted products and services
Midas Hospitality is proud to be a drug free workplace and equal opportunity employer.