June 16, 2021 – Akron, OH – Welty Development, a full-service developer focused on multi-family, corporate, and healthcare real estate projects, named Tom Charek as President. In his new role, Charek will build out the real estate portfolio and develop properties through joint venture partnerships. In addition, he will provide professional services in Program Management, Owner Representation, Finance and Fund Sourcing.
“Tom has the leadership experience and proven track record in construction and development which is exactly what we need as we take our business to the next level,” said Don Taylor, President and CEO, Welty Building Company. “Tom joining will allow us to aggressively grow our real estate portfolio to further enhance our Horizontal Integration Strategy.” Welty’s “Horizontal Integration” Strategy brings specialization throughout every stage of the ownership experience, with businesses in Economic Development incentive procurement and site selection, Development and Financing, Construction Management, Commercial Furnishings, and Facility Management.
Welty Development is actively seeking land suitable for development and development partners and projects. Interested parties can contact Tom Charek at Tcharek@thinkwelty.com.
Tom Charek has spent his entire career in commercial construction and real estate development. He grew up in a family construction and development business and spent his 20-year career working with notable construction management and development companies in Greater Cleveland. He has a unique perspective on building the right team for each project and a rich network of partners and resources to bring that vision to market.
Tom is passionate about the betterment of children and their families and serves on the Board of Directors of Ronald McDonald House Charities of Northeast Ohio, where he oversees the real estate portfolio. Additionally, Tom serves on the Board of Directors of the Rainey Institute and recently joined the board of the Northern Ohio NAIOP.
About Welty Development
Welty Development builds wealth for its investors from the ground up. As a cornerstone to the horizontally integrated family of businesses, Welty Development is a full-service developer focused on multi-family, corporate and healthcare opportunities. Welty Development harnesses and leverages resources across the Welty family of companies to grow its real estate portfolio and enhance the Horizontal Integration Strategy. Welty’s “Horizontal Integration” Strategy brings specialization throughout every stage of the ownership experience, with businesses in Economic Development incentive procurement and site selection, Development and Financing, Construction Management, Commercial Furnishings, and Facility Management. In addition to Welty’s work in development, Welty has had the distinction of creating many prestigious community assets, including the world-renowned Goodyear® Tire & Rubber Company’s new Global Headquarters, a multi-phased, massive expansion to the Pro Football Hall of Fame, Kay Jewelers Pavilion at Akron Children’s Hospital, the City of Akron’s Ohio Canal Interceptor Tunnel, numerous academic buildings at The University of Akron and has built for some of the best known brands in Northeast Ohio.
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