resources
Chris Vrame on Knowing When a Project Is Actually Working
04 Nov 2026

Chris Vrame is a real estate developer and entrepreneur based in Sacramento, California. His work spans land development, wetland mitigation, and ventures like Arena Softball, a modern indoor version of baseball. In this conversation, he talks about how he judges whether a long-running project is actually going well, and what signs he has learned to ignore.
Reading the Signs Early
What Tells You a Project Is on Track, Before It's Finished?
Permits and approvals are the first real signal. Anyone can draw a plan on paper. Getting a city or county to approve zoning changes, especially on a property that has been stalled for years, tells you the project has moved from an idea into something real. At Lakeside, that approval process took years. Once it happened, I knew the rest of the work, the grading, the construction, the leasing, would follow a more predictable path.
Is There a Moment Partway Through That Worries You More Than Any Other?
The gap between approval and the first tenant or resident moving in. That stretch can last a year or more, and nothing visible is happening from the outside. Inside, you are juggling contractors, financing draws, and timing. I watch cash flow and construction schedules closely during that window, because that is where a project quietly gets off track if you are not paying attention.
Measuring What Lasts
How Do You Know a Project Succeeded Years Later?
I look at whether people are still using it the way it was intended. Lakeside now has more than 300 single-family homes along with offices, restaurants, and service businesses. The measure of that project is not the ribbon cutting. It is that those homes are occupied and those businesses are still operating years later, serving the same community the zoning change was meant to help.
What Does Success Look Like for Arena Softball Versus a Real Estate Development?
Different time horizons entirely. Real estate success shows up over years, sometimes a decade, measured in occupancy and community use. Arena Softball, as a co-founder and financial partner, I measure differently: by whether people keep showing up to play. A facility can be well built and still fail if nobody books the netted system on a regular basis. The Eagan, Minnesota location has had to earn repeat players, week after week, to stay viable.
How Did Conservation Resources Change How You Judge a Project's Success?
With conservation work, success is almost the opposite of development. You are not measuring growth, you are measuring whether something stays exactly as it is. Conservation Resources preserved roughly 10,000 acres in the Sacramento area. The only real test of that work is whether that land is still intact decades from now. It is a slower kind of success to confirm, but it is the clearest one I have worked on.
What Doesn't Count as Success
What's a Sign That People Mistake for Progress but Isn't?
A press release or an announcement. Early attention is nice, but it does not tell you whether a project will hold up. I have seen developments get a lot of initial interest and then stall during construction financing or permitting. The real test comes later, when the attention has faded and the work still has to get done without anyone watching.
Looking Back, What Would You Tell Yourself at the Start of a Project About Measuring Success?
Pick fewer things to track, and track them honestly. Early in my career, I think I paid attention to too many surface details, how a project looked on paper, how fast it moved compared to others. Now I watch three things: whether approvals hold up, whether the financing stays on schedule, and whether people actually use what gets built. Everything else is noise.
Share

Ricardo Tomaz
Ricardo Tomaz is VP of Finance & Operations at Ztudium, the 4IR technology company behind Businessabc, Citiesabc, and IntelligentHQ. He owns the group's finance and operations function, spanning financial strategy, budgeting, reporting, and multi-entity operations, and works directly with leadership to align commercial goals with data-driven insight.
Working at the core of a technology group operating across AI and blockchain, Ricardo writes on the practical intersection of finance and emerging technology: how automation and digital transformation are reshaping business operations, what data-driven decision-making looks like in practice, and the questions of governance and ethics that come with AI-led systems.





