VP of Development Hospitality & Mixed-Use Projects

Client of Foreground

To lead the end-to-end development lifecycle of high-impact real estate assets, from market feasibility and land acquisition to concept definition, partner selection, and execution oversight ensuring each asset meets financial targets, market demand, and urban relevance.

Key Responsibilities

• Develop and execute the companys hospitality and mixed-use development strategy, including master planning, project feasibility, and investment structuring for new assets in the Western Region.
• Lead internal and external teams across master planners, architects, hotel operators, legal advisors, and project managers, ensuring alignment with development objectives and timelines.
• Manage land acquisition analysis, joint venture structuring, and off-plan product strategies for hospitality-integrated real estate.
• Build investment memoranda and project business cases, presenting to the Board and Investment Committee for funding and go-to-market approval.
• Oversee pre-development approvals, licensing, and coordination with Jeddah Municipality, Ministry of Tourism, and regulatory authorities.
• Monitor development KPIs including cost per key/unit, IRR, project milestone adherence, and value engineering outcomes.
• Serve as a thought partner to C-level leadership, advising on asset positioning, risk mitigation, and exit scenarios in alignment with broader portfolio strategy.