Systems, computer program products, and methods are described herein for multi-release and parallel development of a database. The present invention is configured to determine a first version of a database release, wherein the first version is based on a first script; receive an incremental script associated with the first version of the database release; implement a database modeling tool to generate a second script, thereby creating a second version of the database release based on at least the first script and the incremental script; automatically generate an incremental database package based on at least the second version of the database release; and deploy the incremental database package, wherein deploying further comprises creating a second version of the database release based on the second script, wherein the second script is a baseline script for the second version of the database release.