Company Profile

Denison Development & Construction (DDC) is a full-service construction and development firm based in Austin, Texas.  Specializing in affordable multi-family communities, DDC brings its history of architectural focus and design to low-income families in Texas.  The company was founded in 1997 and began constructing ultra custom homes in west Austin.  Founded on the principle of excellent design, DDC sought out the most respected and talented architects in central Texas to create a truly unique organization that has left an indelible footprint on the areas in which it has developed.  From this beginning, DDC has expanded its unique and differentiated product to a larger community.  The first custom home built by DDC was given the Gold Nugget national award for best custom home under 3,500 square feet. 

In the single-family arena, Denison Development and Construction has developed housing ranging from $100,000 up to $2,000,000.  In addition to attention to detail in design, DDC focuses on environmental responsibility as evidenced by the City of Austin awarding two of our projects with the 4-star Green Building rating.  Working within the City of Austin's S.M.A.R.T. Housing program, DDC earned a reputation of constructing energy efficient buildings that meet fair housing standards.

Our multifamily division participates in the Low Income Housing Tax Credit program through the Texas Department of Housing and Community Affairs (TDHCA).  Our portfolio consists of a 100-unit community for families in Seguin, a 100 unit community for seniors in Georgetown, a 144 unit community for seniors in Round Rock (scheduled for completion in April of 2009), and a 162 unit community for families in Houston (scheduled for completion in July of 2009).  These properties will carry on DDC's commitment to quality of design and construction and will offer low income citizens a real upgrade from other communities.

The most important distinction between Denison Development & Construction and our competition is not only our attention to detail and devotion to the most exacting architectural standards, but also our commitment to delivering our product on time and on budget.

To accomplish our objectives, Denison Development partners with only the best professionals in their respective fields and employs the latest information and management technology.

We believe that our team makes the difference.  Building our company based on trust rather than control eliminates wasteful and unnecessary management hierarchy.  Combining complementary skills and aptitudes maximizes production efficiency.  And finally, our mission would not be possible without our commitment to excellence and passion for building.

Colby W. Denison – Founder

Mr. Denison founded Denison Development & Construction in 1997 to improve the look and feel of Austin through the thoughtful design and construction of custom homes.  Since then, DDC has branched out into new sectors of the housing market including affordable single-family homes, modular homes and multifamily low-income housing tax credit projects. Mr. Denison has extensive knowledge of construction and development through his varied experience with all types of construction including timber framed construction, modular construction, commercial construction, conventional single-family home construction, and apartment construction.  Further evidence of his knowledge in the field of design and building techniques include the design and construction of his own residence whereby he taught himself AutoCAD and completely transformed a 1950's craftsman style home into an English Tudor estate.

Prior to founding Denison Development, Mr. Denison served as a member of the oil services & equipment equity research team at Credit Suisse First Boston (CSFB).  Institutional Investor Magazine rated the team as the number one research group on Wall Street three consecutive years.  While serving as a research analyst, he directed segment managers for institutional money management firms and mutual fund companies to profitable investment decisions in the oilfield services sector, lead managed numerous equity and debt transactions for Fortune 500 corporations including the largest oil services initial public offering in the history of the sector, and advised these same companies on strategic business alternatives including merger and acquisition strategies.  While with CSFB, he modeled forward looking earnings estimates, performed balance sheet analysis, analyzed depreciation disparancies between companies, and evaluated synergistic and cost saving opportunities achieved through various combinations. 

Prior to Colby's career in investment research, Colby was admitted as one of fifty students into the Business Honors program at the University of Texas at Austin.  He graduated with two majors in Business Honors and Finance.