With successfully developing several million square feet of commercial real estate and hundreds of units of apartments during more than 50 years in the development business, Gus Chafoulias has quite the extensive list of accomplishments. In 1957, Gus founded Chafoulias Companies which concentrated on several real estate asset classes, including office, hotel, retail, and affordable housing. He currently serves as the Chairman of Titan Development & Investments which focuses on affordable housing, senior living, mixed-use, and hospitality properties.
Gus has been active in several different public and private companies and currently sits on the board of West Bank. Throughout the years, he has served on the board of a variety of organizations, including Salvation Army, Diversity Council, First Bank, Southwest Casino Corporation, Leadership 100, Bolder Options, and Rochester Chamber of Commerce.
Being widely known and respected for his leadership capabilities, keen business sense, and a wide variety of business experience, Gus has a track record of building successful companies and developing premier real estate projects. He has developed and owned multiple hotels, retail centers, housing properties, and has also had experience in the agriculture and biotech industries.
The passion of Gus has been around strategic developments that would improve communities. He introduced the skyway system to downtown Rochester, and built 12 of the 13 skyways. The skyway system connects downtown restaurants, hotels, and businesses to the world renowned Mayo Clinic, and it has made downtown Rochester a viable place to be for visitors and employees. He has also been known to take historic buildings and revitalize them for the benefit of historic tax credits and the city, such as the historic Chateau Theatre. These are just a couple of the impactful projects that he has led that have drastically improved the surroundings of the city landscape.
Gus takes pride in any venture that he is part of and this is shown through his businesses winning multiple awards, including being voted the Best Place to Work and Top Work Place. Gus has received numerous recognitions including Blue Cross/Blue Shield Champion of Health and Rochester’s Business Man of the Year.
Through the years, Gus has helped and mentored generations of business professionals. He is known for his humbleness and generosity. He is active in many charitable organizations and is always willing to do what needs to be done to make his community a better place.