Inc. Magazine #5 Fastest Growing Contractor 2014

posted Apr 23, 2015, 4:29 PM by Unknown user

Dakenna Development was recently recognized by Inc. Magazine as the #5 fastest growing contractor in the U.S. in 2014 based on three year growth.  They were also named #184 fastest growing private company and #16 out of Florida based firms.  This was a distinct honor for all members of the Dakenna Team and they look forward to making the list again next year!  

Dakenna makes the list again! Honored by Jacksonville Business Journal as 4th fastest growing private company in NE Florida!

posted Nov 13, 2014, 10:56 AM by Unknown user

With high-profile contracts like Moe’s Southwest Grill and Jimmy Johns sandwiches, Dakenna Development Inc. has already made a name for itself as a major construction provider for restaurants and retail centers.

Demand for the latter, however, has driven its growth the most in the past year, according to Morris Adkins, who co-founded Dakenna in 2009. Adkins attributes the company’s success to word-of-mouth and loyalty to its customers. “Most of the growth has been our clients’ natural progression. Many are starting to build more retail centers and invest more,” Adkins said.

Dakenna has landed multiple contracts to build shopping centers, including an 8,000-square-foot building in Miami and a 15,000-square-foot building in Georgia. The company has also started work on a shopping center in Palatka.

Dakenna has been able to overcome soaring prices for construction labor by building relationships with several contractors and subcontractors. “We have multiple subcontractors in each trade, so if one subcontractor is busy, we have others we can work with,” Adkins said. He sees the company growing at a slower rate over the next few years, while maintaining the quality its clients have grown to expect.

“We want to solidify our position in the Northeast Florida markets and build a company that can stand the test of time,” Adkins said. “Our concern is continuing to provide our clients with the service and the product and quality that we’ve been able to provide in the past.”

Business Journal 50: Dakenna Development building to stand the test of time

Dakenna Development, Inc. 
No. 04, 135.19 Percent Revenue Growth
Morris H. Adkins, Jr., Daniel C. Kane

Dakenna honored in Jax Biz Journal as 5th fastest growing private comany in NE FL!

posted Aug 21, 2013, 4:43 AM by Daniel Kane

Daniel Kane found himself without a job after the contractor he worked for went under because of the recession. So Morris Adkins and Kane started their own commercial contractor business, Dakenna Development, and incorporated it in 2009.

It was a risky bet to take after the recession when many construction businesses were still struggling, but Kane and Morris focused their business on retail construction — the one segment of the construction business that was growing.

“We knew we were going to be a smaller firm but we knew we could deliver,” Kane said.

That small firm has grown since its inception. It was selected as the contractor to lead the Florida expansion of Newk’s Express and, in 2011, it was selected to build three Moe’s Southwest Grill locations simultaneously in Simon Mall properties. The company has built multiple Jimmy Johns locations in the Southeast and plans to build more after securing 19 more contracts in the first quarter of 2013.

This growth has allowed its commercial remodeling revenue to increase from $825,000 in 2010 to $2.1 million in 2011. The increased revenue allowed the company to climb the Business Journal’s Commercial Remodelers list from No. 16 in 2011 to No. 11 in 2012. Companies were ranked by area commercial remodeling revenue.

Kane attributes this success to being an honest and transparent company: “Doing what you say you’re going to do,” he said.

A large portion of the company’s clientele is repeat customers because of sticking to this principle, Kane said.

In the coming years, the company’s goals include diversifying its restaurant buildouts and obtaining new construction contracts while providing the service clients expect.

BJ50 5: Dakenna finds honesty and transparency the best policy

Dakenna Development
Rev. Growth: 191.7%
Daniel C. Kane, Morris H. Adkins

2012 NAIOP Awards - NE Florida Commercial Real Estate

posted May 28, 2013, 3:51 AM by Daniel Kane

Dakenna Development founders, Dan/Danielle Kane & Morris/Angela Adkins, attend the Northeast Florida Commercial Real Estate Awards Ceremony in Jacksonville, FL.

Dakenna secures (19) contracts to build Jimmy John's restaurants in 1st Quarter of 2013!

posted Apr 21, 2013, 8:07 AM by Daniel Kane

Dakenna Development's consistency delivering on-time projects, along with their refreshing straight forward approach, achieves impressive growth within the fast growing national sandwich chain.

Dakenna is awarded nineteen (19) contracts by April 1st, 2013 paving the way for the successful general contractor to build a projected 10% of Jimmy John's 400 stores planned for 2013.

Dakenna completes 1st rebrand of Newk's Eatery in Plano, Tx

posted Apr 21, 2013, 7:52 AM by Daniel Kane

Newk’s Eatery will debut in the Dallas area with its first restaurant in the Willow Bend Market at 5960 West Parker Road in Plano, which is scheduled to open in April. The restaurant is being brought to the area by Cheek Holdings, LLC, an investment group led by Andrea and Heath Cheek and Corey Cheek. The group signed an agreement to open three Newk’s restaurants in Dallas over the next three years.
Dakenna Development was the contractor selected to build the first 'rebranded' Newks restaurant following the decision by the company to offer a new logo on signage, marketing materials, and printed items.

Dakenna selected to build commercial retail center in Miami

posted Apr 20, 2013, 1:47 PM by Daniel Kane   [ updated Apr 21, 2013, 7:46 AM ]

Dakenna Development, a commercial contractor located in Jacksonville, FL, is selected to build a 6000 sqft commercial retail center in Miami, FL.  

The contractor will also handle the interior construction of a Jimmy John's Gourmet Sandwich shop located in the building.

Construction is scheduled to begin in late summer/early fall of 2013.

Dakenna achieves impressive growth driven by core values

posted Apr 20, 2013, 1:37 PM by Daniel Kane   [ updated Aug 21, 2013, 4:22 AM ]

Dakenna Development, led by Owners Daniel Kane and Morris Adkins, has achieved record sales over the past few years - thriving in these difficult economic times.
      A common story in the construction industry over the last couple of years has been the downsizing of firms due to lack of work.  Dakenna has not only bucked that trend, but also grew significantly during that time.  Adkins and Kane attribute their company’s growth to its commitment to working with developers and owners that complement it's core values - as well as their unique, business minded approach to an often 'traditional' industry.

     The recent peak follows years of impressive growth at Dakenna. The company has grown a staggering 191% from Fiscal Years 2010 through 2012.   

    The Jacksonville, FL company specializes in pre-construction, design/build, construction management and general contracting for commercial clients. “We offer an unrivaled level of professionalism, experience, and service, and work to align ourselves with the right client,” says Kane.

As a result of their success, it is no surprise Dakenna continues to gain media attention and was recently named #11 in the Jacksonville Business Journal List of Top Commercial Remodeling Companies. (ranking based on overall revenue)

Dakenna on a roll in 2012...secures 15 Jimmy Johns locations by June 1st! On track to build 30 in 2012!!

posted Jun 24, 2012, 2:46 PM by Daniel Kane   [ updated Jun 24, 2012, 2:51 PM ]

Continuing to build off the 2011 momentum, Dakenna secures contracts to build fifteen (15) Jimmy Johns locations by June 1st throughout Southeast - with many more expected!!  Dakenna's reputation to deliver high quality, on-time projects accelerates the general contracting firm to THE preferred Jimmy John's builder East of the Mississippi.  

Dakenna is excited to build the following locations:  
Hollywood, FL - Downtown Miami, FL - Davie, FL - Roswell, GA - Lakeland, FL - Winter Springs, FL - Naples, FL - Tamarac, FL - Fort Myers, FL - Archer Rd, Gainesville, FL - University Blvd, Gainesville, FL - Baymeadows, Jacksonville, FL - Rivercity Marketplace, Jacksonville, FL - Savannah, GA - Forest Park, GA 

Dakenna builds (3) Moe's Southwest Grill locations simultaneously in Simon Mall Properties!

posted Jan 21, 2012, 12:14 PM by Daniel Kane   [ updated Jan 21, 2012, 12:15 PM ]

(November 22, 2011) – “Welcome to Moe’s!” will soon be heard throughout The Avenues Mall (Jacksonville, FL), Melbourne Square Mall (Melbourne, FL), and Coral Square Mall (Coral Springs, FL)  - all Simon Group Properties.

Dakenna Development's expertise is tapped to manage the simultaneous construction of the three (3) locations - all built within thirty (30) days!

The fast growing General Contractor based in Jacksonville, FL earns preferred contractor status with the successful burrito franchise chain.

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