Principal
Chuck Bragitikos is a principal and co-founder of Vibrant Development Group and Vibrant Ventures. At Vibrant Development Group, Chuck works with gaming companies, developers, professional sports teams, and the public sector on conceiving and developing large scale, mixed-use destination projects, that are centered around dining, entertainment and retail uses. His passion lies in working with a team to develop the strategy and customized program for a given project, and then creating strategic relationships and creative approaches to implement the destination. As a founding principal of Vibrant Ventures, Chuck is actively involved in creating and investing in dining and entertainment concepts and supporting their development and expansion.
Chuck is currently engaged with Bally's on developing a retail, dining and entertainment (RDE) program for the planned $1.7B Bally's Chicago Casino. Chuck’s work has included acting as strategic advisor and owner’s representative for Aztar, parent company of the Tropicana Casinos, on the $300 million expansion of its flagship Atlantic City property. The core of the project, branded the Quarter, opened in 2004 and featured 200,000 s.f. of new to market branded venues, including Carmines, The Palm, bluemercury spa, an IMAX theater and multiple nightlife venues. Chuck continues to work with Caesars Entertainment on refining the program at the property and recently added two entertainment venues and a restaruant to the property. Chuck also led the project team charged with developing the concept, program, and business strategy for the podium of the redevelopment of the Tropicana Casino and Resort in Las Vegas. Chuck and his partner Jason developed the strategy, concept and program for the RDE and spa uses at Revel, a $2.5 billion resort destination in Atlantic City, and implemented the program, which was highly successful.
Chuck negotiated the agreement for the privatization and a $40+ million expansion of the $60 million New Jersey State Aquarium. He also secured the development rights for 30 acres of adjacent land along the Camden waterfront, which he master planned in partnership with Steiner + Associates. After catalyzing the development of a 100,000 s.f. Class A office building, he and Steiner sold the land to Liberty Property Trust in 2016 for the development of a $600 million mixed use project. Chuck has also worked with major brands and entrepreneurs to create individual dining and entertainment venues. Chuck worked with the National Football League over a three-year period to create a new portfolio of businesses, and with a number of individual team owners on RDE projects related to the development of new stadiums. Chuck has experience in creating strategic partnerships and creative financing for the implementation of development projects. He has worked with a wide range of development companies including Simon Property Group, Palladium, Hillwood, and Steiner + Associates on forging private and public-private partnerships.
Chuck is also a principal in Vibrant Ventures, a boutique private equity group that strategically invests in select startup and early-stage dining and entertainment concepts. To date, Vibrant Ventures has invested in 23 concepts, and Chuck sits on the boards of several of these operating entities.
Prior to founding Vibrant Development Group, Chuck was a co-founder and principal at MRA International, a leading development consulting and strategy firm. Chuck worked at MRA from its inception in 1986. Chuck is a member of the Urban Land Institute, the International Council of Shopping Centers and the National Restaurant Association and is a frequent speaker at industry conferences, including the Urban Land Institute, ICSC, ISPA, G2E, and the Wharton School. Chuck served on the Board of Directors of Cooper’s Ferry Partnership, which oversees redevelopment of critical areas of Camden, NJ and currently serves on the Board of Wonderspring, a leader in providing early childhood education in the Philadelphia region.
Chuck is a graduate of the Wharton School of Business at the University of Pennsylvania with a BSE in Entrepreneurial Management.
Principal
Jason Spillerman is a principal and co-founder of Vibrant Development Group and Vibrant Ventures. Prior to founding Vibrant Development Group, Jason was a senior consultant at MRA International, a leading development consulting and strategy firm.
Throughout his career, Jason has consulted with a variety of development interests including real estate investment trusts, private landowners, public and quasi-public development entities, cities, gaming companies, professional sports clubs, entertainment/media companies, and Native American tribes to realize unique destination real estate projects. He focuses, in particular, on formulating strategies for large-scale retail, dining, and entertainment developments and has considerable experience with creative programming and unique tenant identification for gaming companies and mixed-use destination projects.
Jason has worked on development strategies and creative programming for distinctive retail and entertainment-based projects such as Harbor East, a 10-million square foot mixed-use development along Baltimore’s famed Inner Harbor; and National Harbor, a $4.5 billion, master-planned mixed-use waterfront convention and entertainment destination anchored by The Gaylord National and the MGM National Harbor Hotel and Casino.
Jason and his partner, Chuck, developed the strategy, concept, and program for the retail, dining, and entertainment uses at Revel, a $2.5 billion resort destination in Atlantic City. Other representative engagements include crafting the destination strategy for the NFL Dallas Cowboys’ new, state-of-the- art AT&T Stadium with ancillary mixed-use development; advising the Aztar Corporation on the creation of a $300 million retail, dining and entertainment destination at the Tropicana Casino & Resort in Atlantic City; and repositioning certain retail, dining and entertainment (RDE) programs at seven casino properties within the Penn Entertainment portfolio. Jason and Chuck are currently engaged by Bally's advising the gaming and entertainment company on the RDE programming of the $1.3B Bally's Chicago Casino, which is currently under construction on 30-acres along the famed Chicago River in downtown Chicago.
In addition, Jason is a principal in Vibrant Ventures, a boutique private equity firm that strategically invests in select startup and early-stage dining and entertainment concepts. To date, Vibrant Ventures has invested in 28 concepts, and Jason sits on the boards of several of these operating entities.
Jason is a member of the James Beard Foundation, International Council of Shopping Centers, and the Cornell Real Estate Council. He has moderated expert panels and has been a speaker at the Global Gaming Expo, Cornell Real Estate Council, and the Urban Land Institute. Jason is also a guest lecturer at Cornell University’s Nolan School of Hotel Administration at the SC Johnson College of Business where he serves as an Entrepreneur in Residence and was recently appointed to the Advisory Board of Cornell’s Pilsbury Institute for Hospitality Entrepreneurship. Jason holds a bachelor’s degree from Cornell University, a master’s degree from Drexel University, and has completed graduate coursework at MIT Center for Real Estate.