Omni Development

What Omni Development does

Omni Development Corporation is a privately held, founder-owned commercial real estate firm founded in 1989 by Dennis Witte in Englewood, Colorado. The company operates three integrated lines of business: ground-up development and value-add redevelopment, on-site property management delivered as an owner/manager, and real estate investment transactions. It serves office and medical tenants (primarily through the 180,000 SF Hampden Center complex in Englewood), senior living residents (through Bella Vita Senior Living, an 86-unit 55+ luxury community in Aurora), and mixed-use residential and commercial tenants (through the 60-unit Inman Hotel in Champaign, Illinois, acquired in 2022 and completed in 2025). Over its history, Dennis Witte and his affiliated entities have developed, built, or managed more than $150 million in commercial projects, and the firm currently holds $50 million+ in assets under management across more than 1 million square feet of developed properties.

The company's core technical capabilities are conventional for a mid-sized CRE operator: in-house CAD-based tenant buildout design and space planning (handled by a NATE-certified Building Engineer), digital HVAC controls across common areas, and Class A general contractor services delivered through the founder's contracting license. There is no proprietary software platform, no AI or machine learning capability, and no disclosed data infrastructure; the technology stack is functional rather than differentiated. The firm distinguishes itself operationally through direct owner involvement with tenants, rapid custom buildout turnaround, and a small (10-person) team enabling flexible decision-making.

Omni Development's business model combines recurring rental income from owned office, medical, senior living, and mixed-use properties with transaction-based revenue from property sales (most recently the $10.1 million divestiture of the Omni Plaza portfolio in Albany, NY in June 2026), professional property management fees, and ground-up development and construction services. Pricing is quote-based and not publicly disclosed; leasing rates vary by property, unit size, and terms, with senior living rents bundling utilities, cable, internet, housekeeping, and trash service. Go-to-market is sales-led and direct, relying on the company website, property listings, customer referrals, and occasional broker partnerships (e.g., Adirondack Capital Partners) rather than digital marketing channels. The company is bootstrapped with no institutional investment, operates primarily in the Denver metro area with a secondary Champaign cluster, and is led by the founder alongside his wife (CFO) and a COO brought on in 2019.

Name

Omni Development

Legal name

Omni Development Corporation

Website

https://omnidev.net

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

1–10 employees

Short description

Omni Development is a founder-owned commercial real estate firm in Englewood, Colorado, that develops, owns, and manages office, medical, senior living, and mixed-use properties across the Denver metro area and Champaign, Illinois, serving tenants directly through in-house property management and custom buildouts.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Management of Companies and Enterprises (55111)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Apartment Buildings (6513), Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Senior Living & Assisted Living Facility Construction (IMAFACAJ)

akta.pro secondary industry

Independent Living Community Development & Construction (Senior Housing Developers) (HLADAAAH)

Keywords

• Commercial real estate development
• Property management services
• Office and medical leasing
• Value-add redevelopment
• Tenant buildout construction

Headquarters

HQ city

Englewood

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Property Leasing: Rental income from commercial office, medical, industrial, and multi-family properties owned and managed by Omni Development in Englewood and Aurora, Colorado.
2. Property Sales: Revenue from sale of developed properties and value-add transactions, including commercial real estate portfolios.
3. Property Management Services: Professional, on-site property management services provided to tenants as an owner/manager.
4. Development and Construction Services: Ground-up development and construction, value-add re-development, and in some cases creative financial solutions to support transaction closings.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Omni Development is a locally owned commercial real estate company that develops, owns, leases, and manages office, medical, industrial, and multi-family properties in the Denver metro area and Champaign, Illinois. The firm delivers ground-up development, value-add redevelopment, in-house property management, and custom tenant buildout services, with a portfolio that includes the 180,000 square foot Hampden Center office/medical complex, the Bella Vita Senior Living community, and The Inman Hotel mixed-use redevelopment.

Product overview

Omni Development is a locally-owned real estate development, property management, and investment company operating as a single-platform business rather than a modular software architecture. The company's core offerings include commercial office and medical properties (Hampden Center complex in Englewood, CO), luxury senior living (Bella Vita Senior Living in Aurora, CO), and adaptive reuse mixed-use developments (The Inman Hotel in Champaign, IL). Property management services are delivered in-house as an owner/manager. Future developments include transit-oriented mixed-use concepts, an ice arena, and additional residential projects. The company manages over $50 million in assets across approximately 1 million square feet of developed properties.

Differentiator

Problem solved

Functional benefit

Products and services

• Hampden Center Office Complex A three-building, 180,000 square foot commercial office and medical complex in Englewood, Colorado offering customizable office and medical build-outs with on-site property management, 24/7 controlled access, and proximity to transportation and amenities. Targeted at office and medical tenants seeking flexible space outside downtown Denver.
• Bella Vita Senior Living Luxury 55+ adult community in Aurora, Colorado with 86 apartments ranging from 1BR/1BA to 2BR/2BA plus den, totaling 104,190 gross square feet across 8 stories. Rent includes utilities, cable TV, high-speed internet, bi-weekly housekeeping, and at-your-door trash service. Amenities include a concierge, fitness center, and theater room. Built in 1975 and renovated in 2013.
• The Inman Hotel Mixed-Use Property Historic mixed-use property in Champaign, Illinois featuring 60 residential units above activated ground-floor commercial space, including the Farren's full-service restaurant. The renovation was completed in partnership with Royse & Brinkmeyer after Omni acquired the property in 2022. Targeted at residential tenants and ground-floor commercial customers seeking downtown Champaign space.
• Commercial Property Management Services Professional, on-site property management services delivered as an owner/manager. Includes 24/7 security and controlled access, building maintenance, common area improvements, tenant buildout coordination, and digital HVAC controls. Offered to tenants of Omni's commercial, medical, and residential properties.
• Real Estate Development and Construction Services Ground-up development, value-add redevelopment, and construction services delivered by Omni Development using in-house Class A general contractor capabilities. Includes creative financial solutions to support transaction closings and custom tenant buildouts with quick turnaround. Targeted at real estate investors, property owners, and tenants requiring development or buildout expertise.

Quantifiable outcome

• Over $150 million in commercial projects developed, built and/or managed through various entities
• +2 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Jankow CompaniesminorStrategic or Co-development Partner · 10 June 2026Jankow Companies purchased the Omni Plaza portfolio (two-building office portfolio totaling approximately 415,000 square feet at 30 South Pearl St. and 54 State St. in Downtown Albany, New York) from Omni Development for $10.1 million. The buyer plans to convert 54 State St. into approximately 120 market-rate apartments and reposition 30 South Pearl St.
• Adirondack Capital PartnersminorChannel Partner/ Reseller/ Distributor · 10 June 2026Adirondack Capital Partners arranged the $10.1 million sale of Omni Plaza from Omni Development to Jankow Companies.
• Royse & BrinkmeyercoreStrategic or Co-development Partner · 1 January 2022Omni Development partnered with Royse & Brinkmeyer, a local Champaign developer, to acquire The Inman Hotel in 2022. The partnership restored the historic landmark and created a thriving mixed-use asset with 60 residential units above activated ground-floor commercial space.
• Collin CarliercoreStrategic or Co-development PartnerDennis Witte continues his partnership with Collin Carlier on the MTD Bus Terminal Expansion project at 118 S. Walnut St, Champaign, IL. This transit-oriented mixed-use project integrates expanded bus operations, structured parking, and residential housing.
• Mike RoysecoreStrategic or Co-development PartnerDennis Witte partners with Mike Royse on the MTD Bus Terminal Expansion project and the Inman Hotel development. Mike Royse brings local Champaign development expertise to the partnership.
• Royce-Witte DowntownminorStrategic or Co-development PartnerRoyce-Witte Downtown is leading the Downtown Champaign Ice Arena project at 210 S Walnut and 210 S Market Street. The proposed three-sheet ice arena would transform underutilized land into a regional sports and recreation destination.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Shea Properties: Multifamily, office, and mixed-use commercial real estate developer/owner-operator with a strong regional focus. Operates a similar three-pillar product mix (office, residential, mixed-use) and competes directly with Omni in suburban Colorado submarkets.
• Bridge Industrial: Industrial and commercial real estate developer focused on value-add and ground-up industrial logistics facilities across the U.S. Comparable to Omni's industrial property mention and value-add repositioning approach.
• Trammell Crow Company: Large national commercial real estate developer that develops, owns, and manages office, industrial, multifamily, and mixed-use assets across the U.S. Highly comparable to Omni Development's mixed-type strategy and tenant-focused buildout approach, though at materially greater scale.
• EverWest Real Estate Partners: Denver-based value-add commercial real estate investor that acquires and repositions office, industrial, and multifamily assets across the Western U.S. Comparable to Omni in targeting value-add transactions and operating repositioned assets in the Denver metro.
• The John Buck Company: Privately held commercial real estate firm focused on office, multifamily, and mixed-use development and ownership in select U.S. markets. Similar founder-controlled structure, mixed product strategy, and value-add orientation to Omni.

Broad incumbents

• Brookfield Properties: Global commercial real estate owner/operator with a sizable office, retail, multifamily, and mixed-use portfolio. Larger incumbent that competes for the same tenants and submarkets as Omni but operates at materially greater scale.
• JLL (Jones Lang LaSalle): Global commercial real estate services and investment management firm competing across brokerage, property management, and capital markets. Indirect peer given overlap in tenant advisory and CRE services market.
• Mortenson Development: National developer of office, healthcare, hospitality, and mixed-use commercial real estate projects, with active Denver-area operations. Comparable construction/development capabilities and regional competition.
• Cushman & Wakefield: Global commercial real estate services firm offering brokerage, property management, valuation, and investment advisory. Comparable broader industry peer to Omni but in services rather than ownership.

Regional players

• Etkin Properties: Denver-based commercial real estate owner/developer focused on office, industrial, and mixed-use assets in the Colorado market. Highly comparable geography and product type to Omni's Englewood/Aurora footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/OmniDevCorp
• LinkedInlinkedin.com/company/omni-development-corporation-colorado

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 Omni Development