VP of Real Estate Development - Lucky Strike Entertainment : Job Details

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Location: Arlington/Dallas Area, Texas. Hybrid, 2-4 days per week in the office.Who We AreCreative. Intelligent. Driven. Those are just a few of the qualities embodied by our all-star corporate team.We're a diverse group of associates representing various ages, interests, backgrounds, and levels of experience. But the one thing we all have in common is an unwavering commitment to excellence—performing our best to bring world-class entertainment to our guests.What We Look ForTotal rock stars. We're on the hunt for initiators, problem-solvers, and creative “can-do” professionals who are ready to work hard, be bowled, and have fun.We want honest, ambitious, thoughtful leaders who know that sometimes the best ideas come from the most unlikely sources. Think that's you?What To ExpectWe're a billion-dollar company with the soul of a start-up, which means we're a tight-knit team that moves quickly. Each day brings something new and unexpected—and this is where we thrive. We dream big and so should you. If you're ready to collaborate, innovate, own your projects, and think outside the lanes, then it's time for us to talk.Check Us Out!Summary: The Vice President of Real Estate Development provides leadership and strategic oversight of all construction activities across the organization. This role is responsible for the planning, budgeting, execution, and successful delivery of new builds, remodels, and capital projects nationwide. The VP ensures alignment with company goals, cross-functional collaboration, and adherence to timelines and budgets.Essential Duties and Responsibilities:Key responsibilities include, but are not limited to:Leadership & Strategy

• Plan and develop annual construction strategies and CAPEX programs.
• Lead and develop a high-performing team of Construction Project Managers.
• Provide weekly construction and financial updates to senior leadership.
• Own relationships with consultants, contractors, and other third parties.
• Guide project feasibility analysis and lead architectural and GC selection.

Operations & Execution

• Oversee 30–50 projects annually, totaling over 3M sq. ft. across 30+ states.
• Review and approve all change orders and contracts.
• Estimate and track construction costs and generate pro forma budgets.
• Conduct site visits before, during, and post-construction phases.
• Manage and control over $100M in annual capital upgrade budgets.
• Ensure projects are completed on time, within budget, and aligned with brand standards.

Real Estate & Development Support

• Collaborate with the Real Estate team on new developments and acquisitions.
• Redline leases and provide cost projections prior to lease execution.
• Review lease documents to ensure compliance and meet developer requirements.
• Partner with internal departments (finance, F&B, marketing, ops) to ensure construction plans meet cross-functional needs.

Training & Development

• Mentor and develop internal construction talent.
• Support Maintenance Department operations through training and documentation.

Qualifications

• Strong interpersonal and leadership skills.
• High integrity, excellent communication, and critical thinking abilities.
• Proven ability to manage large-scale budgets and multi-site project delivery.
• Experience with contract negotiation and construction documentation.
• Proficiency in Microsoft Office Suite and ability to redline construction drawings. CAD knowledge is a plus.

Education And ExperienceRequired:

• Bachelor's degree in Construction Management , Architecture, or Engineering.
• 8+ years of related experience leading construction efforts for commercial real estate or hospitality venues.

Preferred:

• Master's degree in a related field.
• Experience with food & beverage concepts (bars, restaurants, hotels) and multi-level family entertainment centers ( FECs ).

Work Environment/Physical Demands: General office environment where you will w alk, bend, and stand for periods of time.Who We AreLucky Strike Entertainment, formerly Bowlero Corp, is one of the world's premier location-based entertainment platforms. With over 360 locations across North America, Lucky Strike Entertainment provides experiential offerings in bowling, amusements, water parks, and family entertainment centers. The company also owns the Professional Bowlers Association, the major league of bowling and a growing media property that boasts millions of fans around the globe. For more information on Lucky Strike Entertainment, please visit ir.luckystrikeent.com .The approximate pay rate for this position is $150,000-160,000 annually. Please note that the pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including but not limited to background, knowledge, skills, and abilities as well as geographic location of the position.Our company culture reflects our commitment to world-class entertainment. We're more than just coworkers; we're a tight-knit community of colleagues and friends. Join a team that works hard, plays hard, and enjoys some seriously fun perks.

Seniority level

• Seniority levelExecutive

Employment type

• Employment typeFull-time

Job function

• Job functionSales and Management
• IndustriesEntertainment Providers

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