O'Connell Development Group
O'Connell Development Group is a private Holyoke, Massachusetts-based real estate developer and property owner providing feasibility, construction management, and asset management services across New England — primarily Western Massachusetts — in retail, lab/life science, environmental remediation, office, and multi-family housing verticals.
- Company typePrivate
- Founded1980
- HeadquartersHolyoke, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
O'Connell Development Group firmographics
Firmographics- Name
- O'Connell Development Group
- Legal name
- O'Connell Development Group
- Website
- https://oconnelldevelopmentgroup.com
- Company type
- Private
- Founded year
- 1980
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- O'Connell Development Group is a private Holyoke, Massachusetts-based real estate developer and property owner providing feasibility, construction management, and asset management services across New England — primarily Western Massachusetts — in retail, lab/life science, environmental remediation, office, and multi-family housing verticals.
- Ownership category
- akta.pro rank
O'Connell Development Group industry classification
Industry- Product category
- Real Estate Development Services
- NAICS
- Services to Buildings and Dwellings (5617), Engineering Services (54133)
- SIC
- Operators Of Nonresidential Buildings (6512), Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Design-Build / EPC General Contracting (IMAFAAAD)
Keywords
Where O'Connell Development Group is headquartered
LocationHeadquarters
- HQ city
- Holyoke
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
O'Connell Development Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Development Fees: ODG earns development fees as the developer on various projects, working with both The O'Connell Companies and outside clients. This includes managing the full development lifecycle from feasibility through commissioning.
- Property Ownership and Rental Income: ODG is a property owner and landlord, generating recurring revenue from owned real estate assets including office, retail, multi-family, and industrial properties across New England.
- Construction Management Services: Provides construction management and oversight services, managing every phase of construction from pre-construction through project completion with hands-on site oversight.
- Asset Management Services: Ongoing financial and operational oversight of properties post-construction, including preventive maintenance, vendor management, tenant relations, and budget forecasting.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-specific pricing based on scope and complexity |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
O'Connell Development Group product offering
Product offeringCore offering
O'Connell Development Group (ODG) provides full-service real estate development including project feasibility, site analysis and environmental studies, permitting and community outreach, architecture and engineering coordination, construction management, project commissioning, and long-term asset management. The firm owns and develops retail, office, lab/life science, multi-family, and mixed-use properties across New England, partnering with affiliated construction and property management companies to deliver projects from feasibility through long-term stewardship.
Product overview
O'Connell Development Group is a property owner, landlord, developer, and development consultant offering a comprehensive suite of real estate development services across New England. The company's service portfolio includes Project Feasibility, Site Analysis and Environmental Studies, Approvals and Permitting, Architecture and Engineering, Construction Management and Oversight, Project Commissioning, and Asset Management. Their project portfolio spans multiple market segments including Retail/Commercial (Holyoke Crossing, Walgreens), Lab/Life Science (50 Prescott Street at Gateway Park, Kollmorgen Electro-Optical), Environmental Clean Up (Former Westinghouse Property, Bosch Building Remediation), Office (Mass Venture Center, 800 Kelly Way), and Multi-Family (Linwood Mills, Hawley Manor, Elmwood Towers, Berkshiretown Apartments, and numerous other senior and family housing developments). The company operates through close collaboration with affiliated construction and property management companies, delivering projects from feasibility through long-term asset management.
Differentiator
Problem solved
Functional benefit
Products and services
- Project Feasibility
- Site Analysis, Environmental Studies & Due Diligence
- Approvals, Permitting & Community Outreach
- Architecture & Engineering
- Construction Management and Oversight
- Project Commissioning
- Asset Management
Companies that use O'Connell Development Group
Customer profileNamed customers8 records
Segments5 records
Ideal customer profiles2 records
O'Connell Development Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
O'Connell Development Group partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- Daniel O'Connell's SonscoreAffiliated construction company that ODG partners with on development projects. Daniel O'Connell's Sons handles construction while ODG provides development oversight. Notable projects include Yankee Candle headquarters and distribution center. The companies were brought under the umbrella of The O'Connell Companies in 1979.
- Western BuilderscoreAffiliated construction management company providing general contracting and construction services for ODG development projects. ODG works with Western Builders on projects including Crossroads Business Park, PeoplesBank, and Cedar Crossing at Evergreen Walk.
- Appleton CorporationcoreAffiliated property management company providing management oversight services for ODG properties. Handles leasing, property management, and tenant relations for developments including 101 Wason Avenue, Police Academy, and various multi-family properties.
- EA Fish DevelopmentminorDevelopment partner on the Linwood Mills project in Northbridge, MA, working with ODG to develop the residential component of the historic textile mill conversion.
- Gerard F. DohertyminorReal estate attorney partnered with ODG on the Linwood Mills project to develop the residential component.
- Soldier OnminorNot-for-profit organization dedicated to providing housing for homeless veterans. Partnered with ODG on the Chapin School Veterans Housing Project, converting a 120-year-old school into 43-unit apartment building for homeless veterans.
- Fontaine ConstructionminorConstruction partnership on Mass Venture Center Research Park Office Building in Hadley, MA. Partnership produced a three-story, 55,000-sf office building completed in less than eight months.
- Smith CollegeminorPartnership on 36 Bedford Terrace project where ODG created 25 apartments (14 one-bedroom, 9 two-bedroom, 2 three-bedroom) to satisfy municipal affordable housing requirements for Smith's expansion.
- The Davis FoundationminorEducare Springfield sponsor that partnered with ODG for the $14 million early education school development in Springfield, MA.
- Educare Learning NetworkminorNational early education network engaged ODG for comprehensive development services including funding assistance and construction delivery for a new high-quality early education school.
- Massachusetts Department of Housing and Community DevelopmentminorFunding source for affordable housing projects including Linwood Mills, providing financing through DHCD programs.
- Massachusetts Housing Finance AgencyminorHousing finance agency providing financing support for affordable housing developments including Linwood Mills.
- Mount Holyoke CollegeminorProperty owner that engaged ODG for the Village Commons project in South Hadley, rebuilding and expanding the shopping district after a devastating fire.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
O'Connell Development Group competitors and assessment
Company assessmentDirect peers
- WinnCompanies: Boston-based real estate developer and property manager with a similar integrated model spanning multifamily, mixed-use, and affordable housing across the Northeast. Closely comparable to ODG in lifecycle integration, geographic concentration in New England, and exposure to affordable/subsidized housing programs.
- Beacon Communities: New England-based developer, owner, and manager of affordable and mixed-income multifamily housing. Highly comparable to ODG's multifamily and senior housing portfolio (1,000+ subsidized units) and its reliance on state housing finance agencies for project financing.
- The Community Builders: Nonprofit developer of affordable, mixed-income, and mixed-use housing across the Northeast and Midwest. Comparable to ODG in its use of state/federal financing programs (LIHTC, MassHousing), emphasis on community-oriented development, and integration of development with long-term asset management.
- National Development: Massachusetts-based real estate development and investment firm focused on mixed-use, multifamily, and commercial projects across Greater Boston and New England. Comparable regional developer with similar full-lifecycle capabilities (acquisition, development, asset management) and institutional client base.
Broad incumbents
- AvalonBay Communities: Large publicly traded multifamily REIT that develops, acquires, and operates apartment communities nationally. Comparable to ODG's multifamily development and long-term ownership model, though at vastly larger scale and broader geographic footprint.
- Boston Properties: Publicly traded REIT and one of the largest owners and developers of office properties in the U.S. Comparable to ODG's office development segment (800 Kelly Way, Mass Venture Center) and lab/life science build-to-suit work, though at much larger scale and focused on major gateway markets.
- Equity Residential: Large publicly traded multifamily REIT focused on urban and high-density suburban apartment communities. Comparable to ODG's multifamily development and ownership capabilities, though at national scale and concentrated in coastal gateway metros rather than secondary New England markets.
- Greystar Real Estate Partners: Global leader in rental housing investment, development, and property management. Comparable to ODG's integrated development-plus-property-management model (mirroring ODG's relationship with Appleton Corporation), though at vastly larger scale.
- Trammell Crow Company: Major commercial real estate developer with diversified product lines across office, industrial, multifamily, and life science. Comparable to ODG's diversified five-vertical development model (retail, lab/life science, environmental, office, multifamily), though at national scale across multiple regions.
Emerging players
- EA Fish Development: Smaller regional developer that partnered with ODG on the Linwood Mills historic textile mill conversion in Northbridge, MA. Comparable as a niche New England developer with shared expertise in adaptive reuse and affordable housing development, though operating at meaningfully smaller scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
O'Connell Development Group social profiles
Digital presenceO'Connell Development Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
O'Connell Development Group leadership team
Management profileNumber of profiles
O'Connell Development Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
O'Connell Development Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about O'Connell Development Group
What does O'Connell Development Group do?
O'Connell Development Group (ODG) provides full-service real estate development including project feasibility, site analysis and environmental studies, permitting and community outreach, architecture and engineering coordination, construction management, project commissioning, and long-term asset management. The firm owns and develops retail, office, lab/life science, multi-family, and mixed-use properties across New England, partnering with affiliated construction and property management companies to deliver projects from feasibility through long-term stewardship.
Is O'Connell Development Group a public or private company?
O'Connell Development Group is a private company. It is classified as unknown and is currently operating.
When was O'Connell Development Group founded?
O'Connell Development Group was founded in 1980. It employs 1 to 10 people.
Where is O'Connell Development Group based?
O'Connell Development Group is headquartered in Holyoke, United States, in the North America region.
How does O'Connell Development Group make money?
Four revenue lines are on record. Development Fees are the primary driver. The others are property Ownership and Rental Income, construction Management Services and asset Management Services.
Who are O'Connell Development Group's main competitors?
Direct peers on record are WinnCompanies, Beacon Communities, The Community Builders and National Development. Broad incumbents are AvalonBay Communities, Boston Properties, Equity Residential, Greystar Real Estate Partners and Trammell Crow Company. EA Fish Development is listed as an emerging player.
Does O'Connell Development Group have an API?
No public API is recorded for O'Connell Development Group.
What industry is O'Connell Development Group in?
O'Connell Development Group's product category is Real Estate Development Services. Its primary akta.pro industry code is IMAFAAAD, Design-Build / EPC General Contracting. Its NAICS code is 5617 and its SIC code is 6512.