Recently, Owen Hull , from Weldon Development Group, was invited to speak at an event hosted Rocky Mountain Institute (‘RMI’), the White House and the Natural Resources Defense Council (‘NRDC’). The convening was in specific regard to Low Embodied Carbon (‘EC’) Concrete as related to the Biden-Harris administration’s efforts to combat climate change. Weldon’s pledge is to use concrete that is at least 15% cleaner by 2025 and pledged to adopt environmental product declaration reporting standards across its project portfolio. It would be impossible for us to meet the pledge without our partners, namely Adjustable Concrete & Ozinga.
Since establishing Weldon Development Group last year, Ted Weldon has grown its development pipeline to more than $700 million, with several projects planned in the Fulton Market District, including 400 N. Elizabeth.
Two demolition permits have been issued to make way for the approved mixed-use development at 400 N. Elizabeth. Planned by Mark Goodman & Associates and Weldon Development Group the project site is an irregularly shaped lot bound by W. Ogden Ave to the west, N. Elizabeth St to the east, and Metra rail tracks to the north and south
The Chicago City Council has approved developers Mark Goodman & Associates and Weldon Development Group's new scheme for a mixed-use development at 400 N. Elizabeth. Fronting N. Elizabeth St, the irregularly shaped lot is bound by W. Ogden Ave to the west, N. Elizabeth St to the east, and Metra rail tracks to the north and south.
The Chicago Plan Commission greenlit three large multifamily projects in the West Loop and Near Northwest Side neighborhoods, which have seen explosive growth and surging rental demand in recent years. The largest of the three is spearheaded by Weldon Development Group and Mark Goodman & Associates. Their $300 million plan calls for a two-tower complex with up to 794 units, at 400 North Elizabeth Street, in the Fulton Market district. It will feature a public dog park and lawn. The estimated cost comes to almost $378,000 per unit