



Masteringcomplexity.Delivering certainty.
Project Management Specialists
Our portfolio
Over $7.5 billion in development value across 52 projects
Featured Projects

SRFC District Master Plan
Sacramento, CA
SRFC District Master Plan
Transformative master plan development anchored by the Republic FC Division 1 stadium, featuring mixed-use, entertainment, and commercial districts in the heart of Sacramento.

Sacramento Republic FC Stadium
Sacramento, CA
State-of-the-art Division 1 soccer stadium development featuring premium amenities, innovative fan experiences, and sustainable design.

Sky River Casino Resort
Elk Grove, CA
Major expansion of the premier gaming and entertainment destination, adding a 300-room luxury hotel tower, expanded gaming floor, and resort amenities in partnership with the Wilton Rancheria Tribe.

The Central at 5th, a Hilton Club
New York, NY
31-story, 161-key Hilton Grand Vacations high-rise in Midtown Manhattan with 125,000 SF of contemporary studios and suites, steps from Rockefeller Center and Central Park.
All Projects

Netflix House Las Vegas
Las Vegas, NV

Hard Rock Hotel & Casino Tejon
Tejon, CA

Museum of Ice Cream
Las Vegas, NV

Caroline Florence
McKinney, TX

Jefferson Ownsby
Celina, TX

Jefferson Whitewood
Murrieta, CA

550 Madison Avenue — Aquarian Holdings HQ
New York, NY

The Neon Museum
Las Vegas, NV

Universal Horror Unleashed
Las Vegas, NV

Netflix House Dallas
Dallas, TX

Netflix House Philadelphia
King of Prussia, PA

The Nest @ Rio Grande
Salt Lake City, UT

Spark
Salt Lake City, UT

Radio Tave
Houston, TX

Alta Filament
Charlotte, NC

The Real Unreal
Grapevine, TX

Alta Austin Avenue
Georgetown, TX

The Westin Tempe
Tempe, AZ

Alta Midtown Park
Dallas, TX

Alta West Alabama
Houston, TX

Omega Mart
Las Vegas, NV

Convergence Station
Denver, CO

Kingstown Reef
Orlando, FL

Margaritaville Vacation Club
St. Thomas, USVI

Wyndham Desert Blue
Las Vegas, NV

Wyndham Resort at Avon
Avon, CO
26 projects
Select to exploreThe Pegasus Standard
Wedon'tjustmanageprojects. Weprotectcapital,acceleratetimelines,anddelivercertainty -withoutcompromise.
Pegasus stands in for ownership day to day, hosting every project meeting, directing consultants and contractors, and holding every party to the deal the owner signed, from predevelopment through closeout.
Independent by Design
Not owned or backed by any corporation. We answer only to our clients, with no vested interests elsewhere.
Your advocates in complex development. From vision to reality.
Headquartered in Las Vegas with offices in Sacramento and New York, Pegasus Development is an owner's representative and project management firm providing comprehensive oversight from entitlement through delivery.
We assemble purpose-built teams of distinguished specialists, coordinated under a single point of accountability - where bold ideas become built legacies.
Analyze
Invest with clarityWe interrogate every assumption - budgets, timelines, constructability - so you invest with clarity, not hope.
Manage
Nothing falls throughSingle-point accountability across scope, cost, and schedule. We drive the process so nothing falls between the cracks.
Represent
Your seat at the tableYour seat at the table when you cannot be there. We safeguard owner and lender interests from first dollar to final closeout.
Extend
Expertise on demandSenior-level expertise embedded in your organization - technical advisory, interim leadership, and strategic reinforcement on demand.
Single-Point Accountability
One team, one leader, one line of responsibility from first dollar to final closeout.
Transparent Reporting
Real-time dashboards, weekly updates, and unvarnished assessments. No surprises, no spin.
Senior-Level Engagement
The principals who win your business are the ones who manage it. No bait-and-switch staffing.
One interest across the entire arc.Yours.
Where others take equity in the projects they advise, we take none. No capital in the stack. No stake in the contracts, the equipment, or the materials. No corporate parent setting the agenda. From the first feasibility study to the final certificate of occupancy, Pegasus holds a single position: the owner's.
Predevelopment
Conviction before capital.
Feasibility, site diligence, capital structure, and entitlement strategy that decide what to build and when to move.
Design & Preconstruction
The plan, tested before the pour.
Team assembly, contract negotiation, and constructability review, resolved into a price you can stand behind.
Construction
Live truth, not month-old reports.
Single-point command over scope, cost, and schedule, with controls that surface variance before it becomes exposure.
Closeout & Activation
Delivered, not merely finished.
Commissioning, turnover, and warranty oversight that protect value long after substantial completion.
Eight Disciplines. One Standard.
No project too small, no project too big. Whether overseeing a $2B integrated resort or advising on a single capital allocation, every engagement receives the same rigor, the same senior attention, and the same uncompromising pursuit of excellence.
Owner’s Representative
Your vision, our vigilance.
We embed as an extension of your leadership — assembling the right team, negotiating contracts, and holding every consultant accountable. From concept through certificate of occupancy, your capital and your intent are protected.
Trusted by institutional owners on $500M+ developments across gaming, entertainment, and hospitality.
Tribal Advisory & Government Affairs
Partnerships built on trust and results.
Specialized advisory and owner representation for tribal gaming, hospitality, and entertainment ventures. We navigate federal trust land regulations, BIA approvals, and tribal-state compacts while embedding within tribal governance structures. Our government affairs expertise ensures sovereign rights are protected and regulatory pathways cleared for development.
Trusted advisors to tribal nations on gaming resorts, trust land development, and government-to-government affairs.
Project Management
Complexity is our baseline.
Stadiums, casinos, mixed-use towers, master-planned communities — we run developments where the margin for error is zero. Single-point control over scope, schedule, cost, and quality so nothing falls between the cracks.
Currently directing more than 9.2M SF of active development across the most demanding asset classes in America.
Project Controls & Performance
Real-time clarity, not month-old reports.
Integrated cost, schedule, and change order systems that give you a live pulse on project health. We surface variance before it becomes a problem — and give you the data to make decisions, not guesses.
Our controls methodology has safeguarded over $7.5B in aggregate development value.
Strategic Advisory & Pre-Development
Conviction before capital.
Market positioning, site evaluation, feasibility analysis, financial modeling, deal structuring, and entitlement strategy. We help owners and investors evaluate what to build, when to move, and maximize value through disciplined pre-development groundwork and capital structure advisory.
Pre-development intelligence and strategic engagements shaping go/no-go decisions on billions in proposed development.
Lender Representative
The fiduciary lens your capital stack demands.
Independent construction monitoring, draw verification, budget reconciliation, and compliance oversight. We give financial institutions the unvarnished truth about where their money is going and whether the project will deliver.
Retained by national and regional lenders to monitor high-exposure construction loans across all major asset types.
Permitting & Entitlements
Navigate complexity with precision.
Expert navigation of regulatory compliance, approvals, and permitting processes from concept through final occupancy. We manage interdepartmental coordination, public engagement, and agency relationships to accelerate approvals and mitigate delays.
Successfully advanced entitlements across 50+ projects spanning gaming, hospitality, residential, and mixed-use developments.
Development Management
Orchestration across every phase.
Overarching coordination of all development phases from acquisition through delivery. We unite planning, design, entitlement, financing, construction, and operations into a single, cohesive strategy that maximizes efficiency and value creation.
Full-cycle development management on $1.2B+ in mixed-use, gaming, and resort-scale projects.
The minds behind the mission.
National presence, local expertise
Headquartered in Las Vegas with offices in Sacramento and New York, we have delivered and continue to manage developments across 14 states and territories. No market is beyond our reach.
Trusted by industry leaders
We've partnered with top-tier organizations across gaming, hospitality, entertainment, and commercial real estate.

















News & Media
Las Vegas Lights FC Announces New Partnership with Pegasus Development
Las Vegas Lights FC announced a new multi-year partnership with Pegasus Development. The firm will entitle the club's final home match of the season on October 17 for Fan Appreciation Night, honoring the final game at historic Cashman Field.
Let us discuss your next endeavor
Whether you are evaluating a new development, seeking project management expertise, or exploring strategic advisory engagement, we welcome the conversation.
Las Vegas, Nevada
Sacramento, CA · New York, NY