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Crunch Fitness - CR Holdings

Membership-based gym chain offering group classes

Chief Development Officer

Real Estate DevelopmentConfirmed live in the last 24 hours
Full-timeTampa, FL, USA

About the Job

Requirements

  • At least 10 years of progressive leadership experience in real estate development, construction, or multi-unit development, including significant senior-level leadership experience.
  • Experience leading aggressive development and expansion for a multi-unit retail, fitness, restaurant, hospitality, or other consumer-facing organization.
  • Success managing a high-volume pipeline of new locations from market identification through opening.
  • Strong commercial real estate background, including site selection, market analysis, LOI and lease negotiations, and deal economics.
  • Extensive understanding of construction management, development timelines, permitting, design, budgeting, and capital planning.
  • Experience managing significant development and capital expenditure budgets.
  • Financial acumen to evaluate project economics, return on investment, risk, and investment decisions.
  • Ability to build and lead high-performing Real Estate and Construction teams.
  • Ability to manage multiple markets, projects, and priorities simultaneously in a fast-paced growth environment.
  • Ability to travel regularly to current and future markets.

Responsibilities

  • Develop and execute the company's long-term development strategy in alignment with organizational growth objectives.
  • Lead the overall development pipeline across existing and emerging markets.
  • Establish annual and multi-year development plans, priorities, budgets, timelines, and performance metrics.
  • Provide executive oversight and leadership to the Real Estate and Construction functions.
  • Build scalable processes and infrastructure to support continued portfolio growth.
  • Advise the CEO and executive leadership team on development opportunities, risks, capital requirements, and market expansion.
  • Lead market planning and real estate strategy for new club development.
  • Oversee market analysis, site selection, trade-area evaluation, and deal pipeline development.
  • Direct negotiations of letters of intent, leases, amendments, renewals, and other real estate agreements in partnership with internal and external legal resources.
  • Evaluate proposed locations based on demographics, accessibility, visibility, competition, economics, projected performance, and long-term market potential.
  • Develop and maintain relationships with landlords, developers, brokers, municipalities, and other real estate partners.
  • Present development opportunities and recommendations to executive leadership for approval.
  • Provide executive oversight of new club construction, renovations, relocations, expansions, and major capital projects.
  • Lead construction planning, budgeting, scheduling, design coordination, permitting, and project execution.
  • Ensure projects meet established timelines, budgets, quality expectations, and brand standards.
  • Partner with architects, general contractors, engineers, vendors, consultants, and internal stakeholders throughout the development process.
  • Identify risks and proactively resolve issues that could impact cost, schedule, or club opening dates.
  • Evaluate construction processes and vendor relationships to improve speed, quality, and cost efficiency.
  • Develop and manage annual development and capital expenditure budgets.
  • Partner with Finance to evaluate project economics, investment returns, development costs, and financial feasibility.
  • Monitor development costs against approved budgets and identify opportunities for cost savings and improved return on investment.
  • Maintain visibility into development pipeline deal status, projected openings, capital requirements, construction progress, and key risks.
  • Provide regular development reporting and forecasting to executive leadership.
  • Partner with Operations to ensure seamless transition from construction and development into presale and club opening.
  • Collaborate with Finance, Legal, Marketing, IT, HR, Recruiting, and other departments to prepare new locations for successful openings.
  • Establish accountability, communication, and project-management standards across all development functions.
  • Recruit, develop, and lead a high-performing Real Estate and Construction organization.

Desired Qualifications

  • Bachelor's degree in Real Estate, Construction Management, Business, Finance, or Engineering, or a related field.

About the Company

Crunch Fitness - CR Holdings

Membership-based gym chain offering group classes

Crunch Fitness runs a network of gyms where members access equipment, trainers, and a wide range of group fitness classes through memberships. Its offerings include memberships plus services like personal training and specialized fitness programs, with classes such as Cardio Dance Rhythms, Chisel It, and Mind Body Burn led by expert instructors. The brand stands out by pairing serious workouts with an entertaining, energetic vibe in a no-judgment, inclusive community. Its goal is to grow a large, motivated fitness community by delivering accessible, enjoyable workouts that help people maintain health and wellness.

Company size
5,001-10,000
Company stage
Debt Financing
Total funding
$1.2B
Headquarters
New York City, New York
Founded
1989

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