Print Edition

  Email News Updates

Wallace retires from VIP Development Associates

By Journal Staff (news@cnybj.com)

Date:

Charles Wallace, Jr.

SYRACUSE, N.Y. — Design-build firm VIP Structures recently announced that Charles (Charlie) Wallace, Jr., longtime president of its VIP Development Associates, Inc. subsidiary, retired, effective Jan. 1.

Wallace leaves behind a legacy of innovation, excellence, and community involvement, the company contends.

“Working alongside Charlie has been an extraordinary experience, and I’m honored to have been his business partner and friend,” VIP founder and former CEO Dave Nutting said in a company news release. “His unparalleled expertise and deep commitment to both the company and the community has been the bedrock of our success. His vision and leadership will be greatly missed as he steps into retirement.”

Wallace, a Cornell University graduate, began working in design, consulting, and real-estate development in 1975 with roles at Cini-Grissom Associates in Bethesda, Maryland and Michaels & Colburn Associates in Boston, Massachusetts. Since 1984, Wallace was the driving force behind VIP Development Associates. He started the company’s development division in 1984 when Owens-Illinois partnered with VIP to build 2 million square feet of commercial distribution space around the country, per the release.

Wallace’s son Chuck Wallace succeeds him as president of VIP Development Associates.

“It is with great pride and a deep sense of responsibility that I continue to build on my father’s legacy,” Chuck Wallace, who was named president in 2023, said. “Charlie’s dedication to innovation and community has set a high bar for us all. We owe much of our success to his visionary leadership, and I am committed to expanding upon that foundation to lead our company into a promising and dynamic future.”

Charlie Wallace was instrumental in designing, constructing, and leasing about 3 million square feet of space nationwide.

Outside of work, Wallace has been involved with organizations including SkanRaces.com, Inc., Skaneateles Recreational Charitable Trust, and the Auburn YMCA. 

“Charlie has been more than just a pillar of strength and wisdom at VIP, he’s been integral to our family,” CEO Meg Tidd said in the release. “I am filled with immense gratitude and respect for all that he has contributed, and I look forward to honoring his legacy by continuing to innovate and lead VIP towards a future that is bright and impactful.”

Thank You For Visiting CNYBJ.com