Develop · Capital Projects

The hardest part of a large project is over before construction begins.

You get executive-level development leadership for the life of a program, from the first feasibility test to the final execution review, without adding it to your payroll.

The practice

An owner's development executive, brought in for the program, not the payroll.

Most large projects do not fail in the field. They fail in the decisions made before the first shovel moves, when scope is loose, feasibility is assumed rather than tested, and procurement is treated as paperwork. The owner who commits hundreds of millions to a building rarely employs, full time, the person trained to steward that commitment.

Cast22 leads the program. We set scope, test feasibility, build the cost model, structure procurement, and hold execution to the plan. The expertise is a seasoned development executive's. The cost is not a salary line. The accountability is real.

We do not work in isolation. Where Establish has set the vehicle and the rules, we deploy capital within them; where the portfolio will run on OS22, we build so the finished asset is ready to be governed from day one.

Where we lead

The full length of the work.

Feasibility

Testing whether the program can carry its own weight before capital is committed.

Program definition

Turning intent into a defined scope the owner can fund and defend.

Cost modeling

Phase-level budgets that lead with the number and hold under scrutiny.

Procurement & execution

Structuring the buy, then holding delivery to the plan that was agreed.

Track record

A development record, not just a title.

Before Cast22, Jeff Castillo led development and redevelopment across hospitality, residential, and mixed-use, holding each program from master plan and feasibility through financing and delivery. Not assets bought, but buildings taken from intent to completion. The record spans more than $60M in development and redevelopment led, across five programs carried to delivery.

In development & redevelopment led

$60M+

Programs held from master plan and feasibility through financing and delivery.

In annual revenue overseen

$100M

Multi-property portfolio run to full P&L accountability.

Programs led

Destination-resort redevelopment — a lakeside resort with a modern guest-room building and landscaped grounds — **Destination-resort redevelopment.** A lakeside resort rebuilt from concept to completion.

Hotel brand-conversion redevelopment. A full-service hotel repositioned to an upper-tier brand standard, led through delivery.

Residential development — an aerial view of a master-planned neighborhood of single-family homes — **Residential development.** A master-planned neighborhood of single-family homes, taken from site plan through delivery.

Ground-up commercial development — a medical office building — **Ground-up commercial.** A medical office building developed from approvals through construction.

Selected engagement

A 400-room hotel and a 12,500-seat arena.

Cast22 currently leads the development of a major mixed-use program pairing a full-service hotel with a multi-purpose arena. The program spans four phases and a budget measured against peer arenas of comparable scale.

Our scope runs the full length of the work: feasibility, program definition, cost modeling, procurement, and execution oversight. We report to the enterprise's leadership and respect the authority structure under which it operates.

Client identity withheld by agreement.

Program at a glance

Hotel400 rooms, full service

Arena12,500 seats

PhasesFour

Cast22 roleDevelopment leadership

ScopeFeasibility to execution