Associate, Project Development

Tract Capital Management•Morristown, NJ

23h

About The Position

The Associate is a high-impact, execution-oriented member of Tract Capital’s Project Development team, part of the Investments & Strategy team responsible for the firm’s data center assets. The role advances large-scale data center development projects throughout their full lifecycle, from site acquisition or joint venture through planning, permitting, leasing, development, power, construction, equipment procurement, financing, and asset disposition. The Associate coordinates multidisciplinary workstreams, tracks critical-path milestones, identifies issues, and helps ensure project activities remain on schedule and aligned. The Associate works alongside senior team members, has direct visibility into firm-level investment decisions, and coordinates with internal functions and external project partners. Responsibilities include supporting permitting and power infrastructure work, project financing, long-lead equipment procurement, contract review and negotiation, risk assessment, and investment committee materials. The role is based in New York, NY, Morristown, NJ, or remotely and requires 25% travel to project sites, stakeholder meetings, and Tract Capital offices.

Requirements

Bachelor’s degree.
2–4 years of direct, hands-on experience in data center, energy, infrastructure, or industrial development, with exposure to complex, multi-stakeholder project environments.
Working knowledge of real estate development fundamentals, including real property ownership structures, land use frameworks, and entitlement processes applicable to large-scale infrastructure or commercial development.
Working knowledge of project capital structures, including debt, equity, and construction financing dynamics applicable to large-scale infrastructure or real estate development.
Familiarity with federal, state, and local permitting pathways for large-scale development projects, including the ability to engage with permitting consultants, track regulatory timelines, and identify risks across jurisdictions.
Working knowledge of power and energy infrastructure related to data center development, including utility interconnection, behind-the-meter power solutions, and battery energy storage systems.
Ability to critically evaluate engineering and legal deliverables, identify gaps, and escalate or drive resolution independently.
Ability to coordinate external consultants, contractors, and counsel and advance workstreams toward milestones without being the primary functional owner.
Ability and willingness to travel to project sites, major stakeholder meetings, and Tract Capital offices.

Nice To Haves

Advanced degree such as a JD, MBA, MSRE, or MSRED.
Attorneys with relevant experience at a top-tier firm or developer are encouraged to apply.

Responsibilities

Advance full-lifecycle data center development workstreams, tracking critical-path milestones, surfacing issues, and driving resolution with internal and external stakeholders.
Support permitting across federal, state, and local jurisdictions by monitoring timelines, coordinating with permitting consultants and internal stakeholders, and moving open items forward.
Support power and energy infrastructure workstreams, including utility interconnection, behind-the-meter power solutions, and battery energy storage systems.
Support project-level financing by preparing diligence materials and Excel models, responding to lender requests, and coordinating inputs.
Participate in procurement of long-lead data center equipment in coordination with the procurement lead.
Evaluate deliverables from engineers, consultants, legal counsel, investors, and contractors; identify gaps, escalate issues, and help hold parties accountable to scope, schedule, and cost.
Prepare and maintain integrated project risk registers, development schedules, budgets, and executive-level project status reports.
Assist in drafting, reviewing, and negotiating project agreements, including site control, construction, power, engineering and consultant, equipment procurement, and utility interconnection agreements.
Support assessment of project-level legal and regulatory risks across jurisdictions in coordination with internal and outside counsel.
Coordinate internal functions and external project partners to maintain alignment and prevent workstream drift.
Support investment committee processes, including financial models, project narratives, and transaction diligence materials.