Atlantic Development
Atlantic Development is a privately-held New England real estate development firm founded in 1992, serving as preferred developer for national retailers (Target, Walmart, Lowe's), senior housing operators (Erickson Living), and municipalities across Massachusetts and Maine with six completed flagship projects totaling over 4 million square feet and $500M+ in value.
- Company typePrivate
- Founded1992
- HeadquartersHingham, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Atlantic Development does
Atlantic Development is a privately-held, founder-owned New England real estate development firm headquartered in Hingham, Massachusetts, established in 1992 by D.J. MacKinnon. The company operates as a preferred developer for major national retailers and institutional clients, identifying development sites, assembling land parcels typically ranging from 20 to 100 acres, navigating local, state, and federal permitting, and constructing mixed-use communities, retail centers, senior housing, apartments, restaurants, and commercial properties. Its portfolio of six flagship completed projects — Granite Crossing (Quincy, MA), Linden Ponds (Hingham, MA), Lowe's Marketplace (West Bridgewater, MA), Mid-Island Square (Nantucket, MA), Topsham Crossing (Topsham, ME), and Norton Business Park (Norton, MA) — collectively represents over 4 million square feet, more than 3,000 housing units, and over $500 million in completed project value. Anchor tenant relationships include Target, Walmart, Lowe's, Stop & Shop, Roche Bros., Starbucks, Dick's Sporting Goods, Petco, and Erickson Living.
The firm generates revenue through one-time project economics: developing entitled, built properties and either selling completed assets or retaining them for rental income. There is no recurring software or subscription revenue model; pricing is project-specific and quote-based, and no standard pricing tiers are publicly disclosed. Atlantic Development has no proprietary technology stack, no API, no AI/ML capabilities, and no certifications disclosed. GTM motion is enterprise field sales through direct relationships with corporate real estate teams of anchor tenants and persistent engagement with municipal planning boards. The company segments horizontally across four primary customer types: national retail chains (anchor tenants), senior housing operators (e.g., Erickson Living), multi-family residential developers (e.g., AvalonBay), and municipalities/local governments that gain tax revenue and jobs. Marketing is executed primarily through the corporate website (atlanticdevelopment.com) and direct relationship development rather than digital channels. Atlantic Development reports 24 employees and operates exclusively in the United States across New England, specifically Massachusetts and Maine.
Atlantic Development firmographics
Firmographics- Name
- Atlantic Development
- Legal name
- Atlantic Development
- Website
- https://atlanticdevelopment.com
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Atlantic Development is a privately-held New England real estate development firm founded in 1992, serving as preferred developer for national retailers (Target, Walmart, Lowe's), senior housing operators (Erickson Living), and municipalities across Massachusetts and Maine with six completed flagship projects totaling over 4 million square feet and $500M+ in value.
- Ownership category
- akta.pro rank
Atlantic Development industry classification
Industry- Product category
- Commercial Real Estate Development
- NAICS
- Land Subdivision (2372), Commercial and Institutional Building Construction (236220)
- SIC
- Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
Keywords
Where Atlantic Development is headquartered
LocationHeadquarters
- HQ city
- Hingham
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Atlantic Development business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Others, Marketing or Sales
Revenue model
- Real Estate Development and Property Sales/Leasing: Atlantic Development generates revenue through developing retail, senior housing, apartments, commercial, and mixed-use properties. The company purchases raw land, obtains permits, constructs developments, and either sells completed properties or maintains ownership for rental income. Major completed projects are valued at over $500 million.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Atlantic Development product offering
Product offeringCore offering
Atlantic Development is a New England real estate development firm that acquires raw land, navigates permitting with local, state, and federal authorities, and constructs mixed-use communities, retail centers, and senior housing campuses for national retailers, senior housing operators, and apartment developers. The company directly develops turnkey properties delivered to enterprise tenants, with completed projects valued at over $500 million encompassing more than 4 million square feet and over 3,000 housing units across Massachusetts and Maine.
Product overview
Atlantic Development is a New England real estate development firm offering comprehensive development services as a single unified offering. Their portfolio spans six major completed projects including mixed-use communities (Granite Crossing, Lowe's Marketplace), senior housing developments (Linden Ponds, Norton Business Park), and retail centers (Mid-Island Square, Topsham Crossing). Together, these projects encompass over 4 million square feet of retail, senior housing, apartments, restaurants, office, commercial, and mixed-use communities with more than 3,000 housing units.
Differentiator
Problem solved
Functional benefit
Products and services
- Real Estate Development Services
- Granite Crossing (Quincy, MA)
- Linden Ponds (Hingham, MA)
- Lowe's Marketplace (West Bridgewater, MA)
- Mid-Island Square (Nantucket, MA)
- Topsham Crossing (Topsham, ME)
- Norton Business Park (Norton, MA)
Quantifiable outcome
- Over $500 million in completed project value
- +8 more outcomes
Companies that use Atlantic Development
Customer profileNamed customers18 records
Segments4 records
Ideal customer profiles4 records
Atlantic Development technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Atlantic Development partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and minor.
- TargetcoreAtlantic Development serves as preferred developer for Target, having developed Topsham Crossing in Topsham, ME featuring Target as anchor tenant. Target is one of the major retail partners in Atlantic Development's portfolio.
- AvalonBaycoreAtlantic Development partnered with AvalonBay for the Granite Crossing development in Quincy, MA, where AvalonBay operates apartment units within the mixed-use community.
- Lowe'scoreAtlantic Development developed the Lowe's Marketplace in West Bridgewater, MA featuring Lowe's Home Improvement Store as anchor tenant in a 30-acre mixed-use shopping center.
- Wal-MartcoreAtlantic Development partnered with Walmart for the Granite Crossing development in Quincy, MA, featuring Walmart as a major retail anchor.
- Erickson LivingcoreAtlantic Development partnered with Erickson Living to develop Linden Ponds in Hingham, MA - a 2,265 unit continuing care retirement community on 100 acres, now home to nearly 3,000 seniors.
- Stop & ShopcoreAtlantic Development is developing Mid-Island Square in Nantucket, MA, planned to include a major Stop & Shop grocery store as anchor tenant.
- Roche Bros.coreAtlantic Development partnered with Roche Bros. for the Granite Crossing development in Quincy, MA, featuring Roche Bros. as the primary grocery anchor.
- Hannaford Bros.minorListed as a partner company in Atlantic Development's partner network for New England retail development projects.
- Dick's Sporting GoodscoreAtlantic Development developed Topsham Crossing in Topsham, ME featuring Dick's Sporting Goods as a retail tenant.
- PetcocoreAtlantic Development developed Topsham Crossing in Topsham, ME featuring Petco as a retail tenant.
- StarbuckscoreAtlantic Development developed Topsham Crossing in Topsham, ME featuring Starbucks as a retail tenant.
- TD BankminorListed as a partner company in Atlantic Development's partner network for financial services tenants in retail developments.
- Sun Life FinancialminorListed as a partner company in Atlantic Development's partner network for financial services integration.
- Principal Financial GroupminorListed as a partner company in Atlantic Development's partner network for financial services integration.
- Cape Cod FiveminorAtlantic Development partnered with Cape Cod Five for Mid-Island Square in Nantucket, MA, featuring the bank as a tenant.
Scale indicators6 records
Recent moves5 records
Expansion highlights5 records
Atlantic Development competitors and assessment
Company assessmentDirect peers
- New England Development: Long-established New England real estate developer working on mixed-use retail, residential, and commercial projects. Closely comparable regional peer with similar anchor-tenant-led development model.
- WinnCompanies: Boston-based multifamily and mixed-use developer with significant New England footprint. Comparable in residential and mixed-use development activity within the same geography.
- Nordblom Company: Greater Boston-area real estate developer with a similar mix of mixed-use, retail, and office projects. Comparable in scale, regional focus, and tenant-driven development approach.
- The Wilder Companies: New England-based commercial real estate developer with a similar portfolio of mixed-use, retail-anchored, and master-planned communities. Directly comparable in geography, project type, and tenant mix.
- Bozzuto Group: Mid-Atlantic and Northeast mixed-use and multifamily developer with similar project scale and anchor-tenant strategies. Comparable in the mixed-use community development model Atlantic Development operates.
- National Development: Massachusetts-based real estate developer of mixed-use, retail-anchored, and residential projects. Comparable regional peer with similar project scale and municipal relationship dynamics.
Broad incumbents
- Tishman Speyer: Global real estate developer with mixed-use, residential, and commercial projects. Comparable in the mixed-use development business model, though at materially larger scale and broader geography.
- AvalonBay Communities: Large publicly-traded multifamily REIT and developer, currently a partner on Atlantic Development's Granite Crossing project. Comparable as a multifamily development player and as a current counterparty.
- Greystar Real Estate Partners: Largest U.S. multifamily developer and operator with broad national reach. Compares as a much larger incumbent in the residential development space where Atlantic Development's AvalonBay partnership operates.
- Erickson Living: National senior housing operator and developer, partner with Atlantic Development on the Linden Ponds project. Comparable as a senior housing development counterpart and competitor for similar scale retirement community deals.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Atlantic Development social profiles
Digital presenceAtlantic Development financial estimates
Financial estimateRevenue estimate
Valuation estimate
Atlantic Development leadership team
Management profileNumber of profiles
Profiles1 record
Atlantic Development funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Atlantic Development 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 Atlantic Development
What does Atlantic Development do?
Atlantic Development is a New England real estate development firm that acquires raw land, navigates permitting with local, state, and federal authorities, and constructs mixed-use communities, retail centers, and senior housing campuses for national retailers, senior housing operators, and apartment developers. The company directly develops turnkey properties delivered to enterprise tenants, with completed projects valued at over $500 million encompassing more than 4 million square feet and over 3,000 housing units across Massachusetts and Maine.
Is Atlantic Development a public or private company?
Atlantic Development is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Atlantic Development founded?
Atlantic Development was founded in 1992. It employs 11 to 50 people.
Where is Atlantic Development based?
Atlantic Development is headquartered in Hingham, United States, in the North America region.
How does Atlantic Development make money?
One revenue line is on record: real Estate Development and Property Sales/Leasing.
Who are Atlantic Development's main competitors?
Direct peers on record are New England Development, WinnCompanies, Nordblom Company, The Wilder Companies, Bozzuto Group and National Development. Broad incumbents are Tishman Speyer, AvalonBay Communities, Greystar Real Estate Partners and Erickson Living.
Does Atlantic Development have an API?
No public API is recorded for Atlantic Development.
What industry is Atlantic Development in?
Atlantic Development's product category is Commercial Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities). Its NAICS code is 2372 and its SIC code is 1531.