What Ventures Development Group does

Ventures Development Group (VDG) is a privately held, Southlake, Texas-based real estate development firm that designs, builds, and sells Class-A multifamily and mixed-use communities. The company was co-founded by Rob McConnell and Sean Siebert and operates with 1-10 employees in a lean principal-led model. VDG's site-selection strategy targets gentrifying and transitional submarkets on the outskirts of high-demand urban areas rather than saturated downtown cores, focusing on locations where rezoning, entitlement reform, and incentive procurement are more attainable. The firm's stated "value creation" philosophy centers on front-end shareholder value creation through regulatory and entitlement optimization rather than pure market appreciation.

VDG's operating geographies are concentrated in Texas (Fort Worth, Burleson, Grand Prairie, Longview, Terrell) and Florida (Jacksonville, Venice, Orange City, St. Augustine). The company's portfolio comprises roughly 13 named projects spanning 2011-2025, with unit counts ranging from 170 to 300 per development and product types including garden-style, 4-story wrap, and 5-over-3 podium construction. Recent projects include The Southerly at Longview (259 units, 2023), The Southerly at Orange City (298 units, 2024, via co-development with Batson-Cook Development Company), and The Southerly at Terrell (300 units, 2025). VDG works with a recurring set of architectural firms (JHP, Humphreys & Partners, Niles Bolton, Schaumburg) and general contractors (Rampart, CEI, Summit).

The firm generates revenue by developing and selling completed properties to institutional investors and capital partners, with a one-time transaction-based pricing model. No public pricing, revenue figures, or institutional capital relationships are disclosed. VDG added a property management platform via the 2019 hire of Senior Vice President Lacy Lineweaver, signaling partial vertical integration beyond the original build-and-sell model. The firm has no proprietary software platform, no technology products, and no disclosed AI/ML capabilities; the offering is exclusively physical real estate development, construction, and asset management services.

Name

Ventures Development Group

Legal name

Ventures Development Group, LLC

Website

https://venturesdevelopmentgroup.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Short description

Ventures Development Group is a private Texas-based real estate developer that designs, builds, and sells Class-A multifamily communities in gentrifying submarkets of Texas and Florida to institutional investors, operating a project-by-project transaction model from a 1-10 employee principal-led team.

Ownership category

akta.pro rank

Product category

Multifamily Real Estate Development

NAICS

Land Subdivision (23721)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Multifamily real estate development
• Class-A apartment communities
• Mixed-use development
• Real estate investment sales
• Entitlement and rezoning

Headquarters

HQ city

Southlake

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Property Development and Sale: VDG acquires land, secures entitlements and rezoning, develops Class-A multifamily communities, and sells completed properties to investors. Revenue is generated through one-time transaction fees and enhanced front-end value creation through rezoning, entitlement reform, and incentive procurement.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Ventures Development Group (VDG) is a real estate development firm that acquires land, secures rezoning and entitlements, develops Class-A multifamily and mixed-use residential communities, and sells completed properties to institutional investors and real estate investment partners. The company focuses on gentrifying and transitional markets on the outskirts of high-demand urban locations across Texas and Florida, applying a value creation approach through rezoning, entitlement reform, and incentive procurement.

Product overview

Ventures Development Group (VDG) is a real estate development company specializing in Class-A multifamily and mixed-use developments across Texas and Florida. The company's portfolio consists of named residential communities including South 400, Reserve at Village Creek, The Phoenix, The Watson, The Southerly at Southbank, The Reserve at Venice, Crossroads at Terrell, The Southerly at Longview, The Southerly at Orange City, and The Southerly at Terrell. VDG operates through strategic partnerships with firms such as Batson-Cook Development Company (BCDC) for joint development projects. The company does not offer technology products, software platforms, or digital services — its offering is exclusively focused on real estate development, construction, and asset management services.

Differentiator

Problem solved

Functional benefit

Products and services

• Class-A Multifamily Real Estate Development

Quantifiable outcome

• Enhanced front-end shareholder value through organic value creation via rezoning, entitlement reform, and incentive procurement

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Batson-Cook Development Company (BCDC)coreStrategic or Co-development Partner · 1 January 2024VDG and BCDC have formed a partnership to develop multi-family communities in Florida. Projects include The Southerly at World Golf Village in St. Augustine (nearly 7-acre site) and Orange City Apartments (298-unit development that has broken ground). BCDC serves as development partner while VDG contributes development expertise.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Wood Partners: Atlanta-based national multifamily developer with active Class-A projects across Texas and Florida; directly comparable to VDG because it targets high-growth suburban/urban-adjacent submarkets, builds Class-A garden and mid-rise product, and partners with institutional capital for build-and-sell or build-and-hold exits.
• JPI: National Class-A multifamily developer, builder, and manager with deep Texas presence; directly comparable because VDG's SVP Lacy Lineweaver previously served as JPI's Director of Client Services and JPI operates a similar build-to-sell and build-to-hold multifamily model in the same Sun Belt geographies.
• Hanover Company: Houston-based national multifamily developer; comparable to VDG because it develops Class-A multifamily in Texas and other Sun Belt markets, often in transitional or urban-adjacent submarkets, and works with institutional capital partners.
• Sparrow Partners: Texas-based multifamily developer focused on Class-A communities in high-growth Texas submarkets; comparable to VDG because of overlapping Texas geographic focus, similar Class-A garden-style product, and similar institutional build-and-sell or build-and-hold model (VDG's SVP previously served as VP at Sparrow).
• Mill Creek Residential: National multifamily developer with a strong Sun Belt focus including Texas and Florida; comparable to VDG because it develops Class-A garden-style and mid-rise apartments in transit-oriented and high-growth suburban submarkets and sells stabilized assets to institutional buyers.
• Le Triomphe Property Group: Real estate development firm in the same Sun Belt space; comparable to VDG because both Principals (Rob McConnell and Sean Siebert) previously held senior roles at Le Triomphe before founding VDG, and the firm pursues a similar multifamily development and disposition model.
• Batson-Cook Development Company: Atlanta-based multifamily and mixed-use developer; directly comparable because BCDC is VDG's actual co-development partner in Florida (Southerly at World Golf Village, Orange City) and operates the same Class-A multifamily build-and-sell model in the Southeast.

Broad incumbents

• Fairfield Residential: National multifamily developer, owner, and operator; comparable to VDG because it develops Class-A garden and mid-rise apartments in Sun Belt markets and works with institutional capital (VDG's SVP previously worked in lease-ups at Fairfield).
• Trammell Crow Company: Large, established national commercial real estate developer (CBRE-owned) with a significant multifamily platform; comparable to VDG because it pursues Class-A multifamily development in Texas and Florida, though at much greater scale and across many more property types.
• Lincoln Property Company: Major national multifamily developer, manager, and investor; comparable to VDG because it develops, leases up, and manages Class-A multifamily product in the same Texas/Florida footprint (VDG's SVP previously served as Regional Property Manager at Lincoln).

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ventures-development-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ventures Development Group