![]() We welcome the third generation of O’Connells (G3), which is predominantly female and is bringing innovation and creativity to the company. This is especially important for any business serving the public. I’m proud to say our staff reflects the family culture of honesty, hard work, and loving what you’re doing. One of the biggest challenges with over 800 employees is finding staff members who share our family values. Have you ever encountered any challenges with your family business? My success is a testament to that early mentoring generosity, and to the current faith and confidence extended to me by my cousin Tom. My uncle gave me a chance to start managing while I was in law school, teaching me the operational and financial side of things. I worked busing tables there when I was a kid and bartended through college. Restaurant operations started back when Marina Bay was being developed. Yes, it’s a big growth area for the business and a particular focus for me. In addition to property development and management, you’re now also running restaurants? Location is important views, atmosphere, and continually reinvesting in real estate is key to our success. We’ve recently expanded to neighboring communities with the Range Bar & Grille in Hingham, and another new restaurant on Hull’s waterfront. We take great pride in our real estate holdings and development of Marina Bay which is now a destination point. The family’s heart will always be in Quincy our roots are here. Why is the location of your business so important to the success of your business? We make this clear to our own children who are now beginning to have roles in the company. Family is expected to work harder than anyone else. Tom and I, and many other siblings and cousins of G2, the second generation, know how fortunate we are to be afforded this opportunity. Progression has to be earned by hard work and demonstrated ability. How do family members start out working at the family business?Īny family member is welcome to get involved, but their participation happens from the bottom up in a fullyimmersed learning experience. MBMS is led by Tom O’Connell, one of the founders’ sons, and my first cousin. Marina Bay Management manages and operates the entire family portfolio. It eventually grew in size to warrant its own management company. “We think it’ll lead to the largest upgrade in residential rental housing standards in Denver history.The first generation of owners are my two uncles from Quincy who began building multi-unit apartment and commercial office buildings. “It was hard, really, to guess where we would be at this point, but we’re really pleased where we’re at,” Escudero said in an interview on Wednesday. The city has issued almost 4,700 of those licenses to apartment complexes and other properties. For example, bookstores and dress shops aren’t covered by that regulation.Īs of now, only multi-unit residential rental properties are required to obtain the license, as their mandate went into effect on Jan. Unlike a lot of other Colorado cities, Denver doesn’t mandate that all businesses obtain licenses – typically just those with health, safety and welfare concerns. “It demonstrates that we’re making a lot of progress in this overall city effort to raise the minimal housing standards across Denver with this new licensing requirement,” said Eric Escudero, spokesperson for the Denver Department of Excise and License. The rest of the top five includes licenses for short-term rentals at 2,800, for retail food establishments at almost 2,500, and for combined – “addresses that have multiple licenses at one location,” like a hotel – at 1,800. 2 license type, which is for security guards at around 7,700. The number of residential rental property licenses now surpasses the No. Digital Replica Edition Home Page Close Menuĭenver has issued more than 7,800 residential rental property licenses, making it the top business license type in the city and county. ![]()
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