Vice President, Project Development

Tract Capital Management•Morristown, NJ

22h

About The Position

The Vice President, Project Development is a high-impact, execution-oriented role on Tract Capital’s Project Development team, part of the Investments & Strategy team responsible for the firm’s data center assets. The Vice President drives progress across large-scale data center development projects through their full lifecycle, from site acquisition or joint venture through planning, entitlements, permitting, leasing, development, power, construction, equipment procurement, financing, and asset disposition. The role serves as a critical regional leader and coordinator across multidisciplinary workstreams, keeping them on schedule and aligned with the broader project. It works closely with senior organizational members, has direct visibility into firm-level investment decisions, and engages internal functions and external project partners. The position is based in Morristown, New Jersey, and requires the ability and willingness to travel to project sites, major stakeholder meetings, and Tract Capital offices. The expected base salary range is $250,000–$300,000, plus a discretionary bonus. Tract Capital describes its approach as supporting the growth of digital infrastructure through investment and strategic partnership, including strategies such as horizontal powered land, vertical development, and product development.

Requirements

Bachelor’s degree required.
4–6 years of direct, hands-on experience in data center, energy, infrastructure, or industrial development, with exposure to complex, multi-stakeholder project environments.
Ability and willingness to travel to project sites, major stakeholder meetings, and Tract Capital offices.
Working knowledge of real estate development fundamentals, including real property ownership structures, land use frameworks, and entitlement processes for 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 evaluate engineering and legal deliverables, identify gaps, and escalate or drive resolution proactively.
Demonstrated ability to coordinate external consultants, contractors, and counsel and advance workstreams toward milestones without being the primary functional owner of each discipline.

Nice To Haves

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

Responsibilities

Lead full-lifecycle data center development workstreams, tracking critical-path milestones, surfacing issues early, 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; coordinate with internal teams, consultants, and utility counterparties.
Lead the structuring and execution of project-level financing, including preparing diligence materials and Excel models, responding to lender requests, and coordinating inputs.
Participate in procurement of long-lead data center equipment with the procurement lead.
Evaluate deliverables from engineers, consultants, legal counsel, investors, and contractors; identify gaps, escalate issues, and promote accountability for scope, schedule, and cost.
Prepare and maintain integrated project risk registers, development schedules, budgets, and executive-level project status reports.
Assist with drafting, reviewing, and negotiating project agreements, including site control documents, construction contracts, power contracts, engineering and consultant contracts, equipment procurement agreements, and utility interconnection agreements.
Support assessment of project-level legal and regulatory risk across jurisdictions in coordination with outside counsel and internal legal teams.
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.