Welty Development

TOM CHAREK
PRESIDENT WELTY DEVELOPMENT
The 9 Great American Town Cuyahoga County Headquarters
20+
YEARS OF
EXPERIENCE
EDUCATION
University of Cincinnati
College of Engineering and Applied Science
Bachelor of Construction Management
AFFILIATIONS
• University of Cincinnati College of Civil
Architectural Engineering and Construction
Management (CAECM) Advisory Board
• Ronald McDonald House of Cleveland
organization position Board of Trustees
• NAIOP
• Rainey Institute Board of Directors
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
a number of the most notable construction
management and development companies
in the region.
Tom has a deep understanding of how
to shepherd an idea through concept,
development, funding, construction,
launch, and operation. 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.
At Welty Development, Tom is building out
The 9 Multi-use historic renovation totaling
1,350,000 SF with 156 room hotel, part of
the Autograph Collection by Marriott, 104
Concierge Living Luxury Apartments, 90
Boutique Apartments, Office Space, Rooftop
Bar, Lobby Bar, Fitness Center, Yoga Studio,
Speakeasy, Restaurant with Private Dining,
Dinner Theater, Ballroom, Heinen’s Grocery
Store, and Indoor Dog Park.
Cuyahoga County Headquarters A 225,000
SF, eight-story office corporate headquarters
located at the corner of East 9th Street and
Prospect Avenue, with a $80 million dollar
lease back deal including building demolition
through property management. LEED Gold
certified building.
Northern Kentucky University - The Bank of
Kentucky Center Basketball Arena - 230,000
SF 9,000-seat Sports and Entertainment
Arena houses basketball games, trade-shows,
concerts, meetings and banquets. The arena
includes 12 luxury suites and houses the NKU
Athletic Department offices and locker and
training facilities.
our real estate portfolio, while providing
professional services in Program
Management, Owner Representation,
and Finance and Fund sourcing – all
are additional service lines in Welty’s
“Horizontal Integration Strategy”.
Tom played roles in a number of high
profile development and construction
projects including: Cuyahoga County
Headquarters, The 9, Cleveland State
University Art Gallery, The Allen Theater,
and the Shoreline Apartments.
Tom gives back to the NEO community
through service to the Cleveland Chapter
of NAIOP, on the Boards of Ronald
McDonald House of Northeast Ohio and
the Rainey Institute.
Allen Theater Major Renovation of a historic
theater and new construction of two additional
theaters totaling 40,000 SF.
Great American Town A 41 story high rise
office building with a project cost of $375
million, which is now the tallest building in
Cincinnati at 660 feet. Surrounded by a
pedestrian plaza at street level, 8000,000 SF
office, space, with a 20,000 SF retail arcade, a
spacious promenade and entry rotunda, with
an eleven story parking garage. The highlight
feature of the building is a unique 400 - ton
steel tiara inspired by those worn by Princess
Diana.
Welty Tower at Rockside Woods Six story
commercial office building will include a total
of 150,000 SF. Of that, 125,000 SF will be
rentable office space with the balance as
common space and parking. The main lobby
for the development will have access from two
sides of the building with secured parking.