Bloomington-based real estate developer Doran Cos. returns to the Fast 50 List at No. 44 this year, thanks to revenue growth of 31.14% from 2018 to 2020. Last year, the company reported more than $265.5 million in revenue.

For more insight into this fast-growing company, we asked Principal and CEO Anne Behrendt …

What are some business decisions your executive team made that were critical to your company’s growth from 2018 to 2020? Anne Behrendt and Ryan Johnson acquiring ownership, expanding client relationships, and investment in employees

As your company grows its workforce, what recruiting tools do you use? LinkedIn, Indeed, Professional Diversity Network CareerForce, Minnesota Department of Employment and Economic Development, Minnesota Job Network, Facebook, dorancompanies.com/careers

Have you made any permanent changes to your business operations or offerings because of the pandemic?

  • Implementing additional cleaning protocols, including capital investment in HVAC upgrades
  • Additional work-from-home flexibility
  • Multiple improvements related to technology accessibility and security. These items were primarily focused around optimizing our software-as-a-service applications, video conferencing and better endpoint monitoring.

What are your top goals for the year ahead? Expand into other geographical markets. Expand construction product types. Deepen relationships with Women’s Business Enterprise National Council and diverse supplier networks.


Fast facts

Growth rate: 31.14%

2018 revenue: $202,504,423

2019 revenue: $259,686,850