A circulating pump with installation space constraints was developed satisfying performance requirements such as flowrate, head and NPSHAv. The development procedures are composed of conceptual design, configuration design, performance analysis by CFD and performance test which were established in KIMM. The developed pump is OH4 type centrifugal pump which has a mixed-flow type impeller, a double volute and a rigid coupling. As a result of tests, the pump proved to meet all the requirements including space constraints and performance.