Chief Development Officer

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  • Job type

    Permanent

  • Location

    Washington DC

  • Profession

    Construction

  • Industry

    Construction

  • Pay

    $250k-$325k base salary plus benefits and bonus incentive plans
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Chief Development Officer position with a growing Health Club company.

Your new company:
HAYS are exclusively representing a Washington DC area headquartered Health Club who are looking to hire a Chief Development Officer (CDO). The CDO will lead the company's development strategy, focusing on expanding and optimizing new and existing locations to drive overall growth. This is a fantastic opportunity for a CDO with expertise in the fitness, retail or hospitality construction and real estate industry, as well as a strong track record and passion to support a company with excellent growth plans.
Core Responsibilities:
  • Align development goals with the overall strategic vision of the company, working closely with the executive team.
  • Supervise the VP of Real Estate and the VP of Construction, providing guidance and support to ensure alignment with company objectives.
  • Ensure effective coordination between real estate acquisitions and construction projects.
  • Guide the VP of Real Estate in conducting market research and site selection to identify high-potential locations for new clubs.
  • Evaluate demographic data, market trends, and competition to inform site selection and development strategies.
  • Lead property lease and purchase negotiations, ensuring favorable terms and smooth transaction processes.
  • Manage and optimize the existing real estate portfolio, including lease renewals, relocations, and asset disposals.
  • Oversee the development and management of budgets for real estate acquisitions and construction projects.
  • Ensure cost-effective allocation of resources and adherence to financial plans.
  • Perform ROI analysis and monitor financial performance of development projects.
  • Develop and refine processes to enhance efficiency, accountability, and consistency across all development activities.
  • Implement best practices for managing Capex and R&M budgets, project timelines, and compliance.
  • Oversee the VP of Construction in all phases of construction including pre-construction design and planning, budgeting, competitive bidding, GC selection, adherence to club-build standards, project timing and project closeout.
  • Identify potential risks and develop mitigation strategies to ensure successful project execution and all projects comply with local, state, and federal regulations.
  • Utilize data and analytics to measure and report on key performance indicators (KPIs)
  • Identify opportunities to reduce construction time and costs through data analysis.
  • Maintain effective communication and alignment between all stakeholders, including senior leadership, real estate, construction, and external partners.
  • Lead and mentor subordinates, fostering a culture of high performance and continuous improvement.
  • Ensure that facility and equipment needs are addressed timely and affordably across all locations.
  • Act as a cost-cutting advocate, seeking ways to drive efficiency and value engineer new club construction and existing club Capex & R&M.
To be successful in this role:
  • Bachelor’s degree in Business, Real Estate, Finance, or Construction field.
  • Minimum of 10 years of experience in real estate development, business development, or a related field. At least 5 years in an Executive or C-Suite position.
  • Market sector experience in health/fitness clubs, large box retail or hospitality is a requirement.
  • Proven track record of successfully managing large-scale development projects from concept to completion across multiple geographies.
  • Strong leadership and team management skills, with the ability to inspire and motivate a diverse team.
  • Excellent strategic planning, analytical, and financial modeling skills.
  • Exceptional negotiation, communication, and interpersonal skills.
  • Comfortable in reporting into the DC area office at least 4 days a week with anticipated travel of 10-20% per month.
Compensation/Benefits:
  • Base salary based on experience in the range of $250k - $325k, negotiable.
  • Short-Term and Long-Term Bonus Incentive Plans.
  • 4 weeks starting PTO plus company paid Holidays.
  • Company paid medical, dental and vision plan including family plans.
  • Short term and long-term disability insurance plans.
  • 401K plan with a discretionary company match.
  • Flexible and hybrid work environment including 1 day work from home.
  • Company provided technology including phone and laptop.
  • Fitness and wellness program included.
What you need to do now:
If you meet the criteria and are interested in this Chief Development Officer position, click “apply” to forward an up-to-date copy of your resume, or call Scott Kinson now on 202-470-0641 for a confidential conversation.

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Talk to Scott Kinson, the specialist consultant managing this position

Located in Washington DC, Suite 700B, 4040 N Fairfax DriveTelephone:  2024700641