The Problem Blue Hour is SolvingAmerica is facing a workforce housing crisis. We're short 4-7 million homes, and the people who keep our communities running are bearing the cost. Teachers commute two hours each way. Nurses sleep in their cars between shifts. Resort towns can't staff restaurants because workers can't afford rent within 50 miles. Factory employees choose between housing and other necessities. When essential workers can't afford to live near their jobs, everyone loses. Employers struggle to retain talent. Communities lose the people who make them function. And workers sacrifice their financial security, their time with family, and often their health just to stay employed.You can get further details about the nature of this opening, and what is expected from applicants, by reading the below.About Blue Hour HousingBlue Hour Housing is tackling this crisis head-on. We develop and manage high-quality, affordable workforce housing through partnerships with employers, nonprofits, and government agencies. Using adaptive reuse, strategic renovations, and new construction, we're creating housing solutions where they're needed most. We've proven the model. Today we operate properties across Vermont, Connecticut, Colorado, Maine, and South Carolina, partnering with employers such as Vail Resorts, Killington Resort, and Climax Molybdenum. Now we're scaling nationally to reach the communities and workers who need us most.The OpportunityThis is a founding-level development and construction role at an emerging platform. You will own the full project lifecycle "” from early diligence and capex underwriting through GC management, renovation delivery, and operational handoff "” across a growing portfolio of projects in markets across the country. You will be the primary owner-side brain on all capital projects: assembling the right consultants for each deal, making fast and accurate budget estimates before full plans exist, keeping projects on schedule and on budget, and building the systems and playbooks that will support Blue Hour's growth. This is not a siloed construction role. You will work closely with the acquisitions, asset management, and operations teams. The right person thinks like an owner: commercially minded, scrappy, organized, and energized by a fast-moving entrepreneurial environment.What You Will DoCapex Underwriting & Diligenceo Build preliminary construction budgets from site visits, floor plans, and photos "” before full architectural plans exist "” to support deal underwritingo Assess zoning and entitlement risk on potential acquisitions; coordinate with local land use counsel and municipalities as neededo Evaluate scope of work, site conditions, and building systems on potential acquisitions; identify red flags and hidden costsProject Executiono Manage a mixed portfolio of project types simultaneously "” including large-scale hotel and motel conversions, apartment complex renovations, and small multifamily / single-family renovations "” bringing the same rigor and accountability to a $100,000 renovation as a $10M conversiono Assemble and manage the third-party project teams (GC, architect, MEP engineers, FF&E vendors)o Run the bidding and contractor selection process; negotiate scopes, contracts, and pricingo Manage all active renovation and conversion projects "” tracking budgets, schedules, change orders, and milestones across a concurrent portfolioo Conduct site visits including bid walks, preconstruction walks, progress visits, and punch list closeoutso Identify and resolve issues proactively; escalate to leadership with clear options and recommendationsReporting & Systemso Keep leadership informed through a clear, consistent internal reporting cadence on budget exposure, schedule risk, and project statuso Build and maintain the capex catalog, FF&E standards, and renovation playbooks that enable Blue Hour to move faster and more consistently as the portfolio growso Own the project management infrastructure "” trackers, checklists, closeout documentation "” and continuously improve itWhat You Bringo You have 5+ years in real estate development, construction management, or owner's rep roles "” with direct experience managing renovations, conversions, or value-add projects as the owner-side leado You have done hotel-to-residential conversions, multifamily repositioning, or similar adaptive reuse work "” or you've managed a diverse portfolio of concurrent smaller projects and can translate that experience quicklyo You can build a construction budget from a floor plan and a site visit, not just from a full set of drawingso You are deeply organized - you manage multiple projects simultaneously without dropping balls, and you build systems to keep others alignedo You think commercially "” you understand the relationship between construction cost, project timeline, and investment returns, and you make decisions with that lenso You are comfortable with ambiguity and operate well without a large internal support team; you know when to escalate and when to just solve ito You have strong written and verbal communication skills; you can run a meeting with a GC and then write a clear project update for an investoro You are energized by an entrepreneurial environmentWhat Sets You Aparto Owner's Instinct: You move fast without losing the details. You can build a credible budget from a floor plan and a site walk, manage multiple concurrent projects without dropping balls, and still write a clean update for a capital partner at the end of the week.o Resourceful & Self-Directed: You've been the only construction person in the room and figured it out. You know when to dig in yourself, when to call the right consultant, and when to escalate "” and you don't need a large support team to do good work.o Commercially Minded: You think about construction through the lens of the deal. You understand how schedule, scope, and cost decisions affect returns, and you make tradeoffs accordingly. You're not just executing "” you're solving.o Builder, Not Just a Doer: You build processes that endure. Whether it's a capex catalog, a GC scorecard, or a renovation playbook, you create systems and documentation that make the next project faster and the next hire easier.Employee Benefitso Base Salary: $125,000-145,000 based on experienceo Equity ownershipo Eligibility to participate in fund-level carried interesto Performance-based bonuseso Comprehensive health benefits packageo Flexible work location with proximity to major airports (current team based in NYC)o Unlimited paid time off (PTO)At Blue Hour Housing, we value diversity and are committed to creating an inclusive environment for all employees. We encourage qualified candidates of all backgrounds to apply.Note: This job description is intended to convey information essential to understanding the scope of the position and is not exhaustive. xijylhu Responsibilities and duties may change as the needs of the organization evolve.
Job Title
Director of Development & Capital Projects